NOT LISTED FOR SALE

78429 Terra Cotta Ct La Quinta, CA 92253

Estimated Value: $273,950 - $343,000

1 Bed
1 Bath
763 Sq Ft
$396/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $239,000 $313 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,270/month

5 Days on Market

Highlights

  • On Golf Course
  • In Ground Pool
  • No Units Above
  • Gerald R. Ford Elementary School Rated A-
  • Home fronts a pond
  • Contemporary Architecture

About This Home

As of September 2021

**Best and highest offers must be submitted by 5 pm on Sunday, August 22nd** This upgraded, lovely, furnished one bedroom, upper level unit has a balcony with fabulous mountain and golf course views! The condo is very bright and light with nice vaulted ceilings which give it a spacious feeling. The many upgrades include recessed lighting, an extra large ceiling fan, plantation shutters on sliding patio door and windows. The upgrades also include a new AC unit, new vents and ducts and a custom TV wall unit. There is an in-unit washer and dryer along with a full bath featuring a soaking tub to relax. Enjoy the golf views and sunrise from your balcony. As a huge bonus, the low condo fees (currently at $395) include unlimited golf for the owners on the well maintained 18 hole, par 3, Ted Robinson designed course. The condo fee also covers the awesome amenities such as lighted tennis courts, 6 pools, pickle ball and a clubhouse with a pro shop, building maintenance and cable TV with HBO. Included is a one car garage and open guest parking. It will be hard to find more for your money than this beautiful resort condo.

Last Agent to Sell the Property

Sabrina Lanier

HomeSmart, Evergreen Realty License #01211423 Listed on: 08/17/2021

HomeSmart, Evergreen Realty

Last Buyer's Agent

Sabrina Lanier

HomeSmart, Evergreen Realty License #01211423 Listed on: 08/17/2021

HomeSmart, Evergreen Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,475

Year Built

  • Built in 1989

Lot Details

  • 2,614 Sq Ft Lot
  • Home fronts a pond
  • On Golf Course
  • Two or More Common Walls

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Parking Available

Property Views

  • Golf Course
  • Mountain

Home Design

  • Contemporary Architecture
  • Planned Development

Interior Spaces

  • 763 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Plantation Shutters
  • Entryway
  • Family Room
  • Living Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Six Burner Stove

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 18915
  • Assessor Parcel Number 604022066
  • $351 per year additional tax assessments

Community Details

Overview

  • Palm Royale Association, Phone Number (760) 346-1161
  • Palm Royale Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,475

Year Built

Built in 1989

Lot Details

0

HOA Fees

$395 per month

Parking

1

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Palm Royale (30815)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 604022066
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 763.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 313.24
  • Room Type: Entry, Family Room, Kitchen, Living Room
  • Spa Features: Association
  • Window Features: Plantation Shutters

Exterior Features

  • Patio: Yes
  • View: Golf Course, Mountain(s)
  • Patio And Porch Features: Porch
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Golf Course, Tennis Court(s)
  • Association Fee: 395.00
  • Association Fee Frequency: Monthly
  • Association Name: Palm Royale
  • Phone: 7603461161
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs
  • Association Management: palm royale

Schools

  • School District: Desert Sands Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: On Golf Course
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Pond

Tax Info

  • Tax Census Tract: 452.15
  • Tax Lot: 1
  • Tax Tract Number: 18915
  • TaxOtherAnnualAssessmentAmount: 351.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Sep 8, 2021
Sold by
Kolarz Roger W
Bought by
Banken Steven Michael
Seller's Agent
Sabrina Lanier
HomeSmart, Evergreen Realty
Buyer's Agent
Sabrina Lanier
HomeSmart, Evergreen Realty
List Price
$223,500
Sold Price
$239,000
Premium/Discount to List
$15,500
6.94%
Current Estimated Value
$302,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,238
Avg. Annual Appreciation
5.97%
Original Mortgage
$215,100
Outstanding Balance
$195,725
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$106,513

Purchase Details

Closed on
Jul 18, 2018
Sold by
Azam Syed and Qureshi Farzana
Bought by
Kolarz Roger W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2006
Sold by
Azam Syed and Qureshi Farzana
Bought by
Azam Syed and Qureshi Farzana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2006
Sold by
Vanzee Lloyd E and Van Zee Suzanne M
Bought by
Azam Syed and Qureshi Farzana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2000
Sold by
Patitz Roland G and Patitz Barbara Barbara
Bought by
Vanzee Lloyd E and Vanzee Suzanne M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Banken Steven Michael $239,000 Equity Title Orange County
Banken Steven Michael -- Equity Title Orange County
Kolarz Roger W $150,000 Equity Title
Azam Syed -- Accommodation
Azam Syed $215,000 Orange Coast Title
Vanzee Lloyd E $86,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banken Steven Michael $215,100
Previous Owner Kolarz Roger W $75,000
Previous Owner Azam Syed $161,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $239,000 +6.9% $313 / Sq Ft
08/17/2021 08/17/21 For Sale $223,500 0.0% $293 / Sq Ft
12/08/2014 12/08/14 Rented $1,300 +6.1% --
12/08/2014 12/08/14 For Rent $1,225 -18.3% --
12/01/2014 12/01/14 Rented $1,500 +22.4% --
11/01/2014 11/01/14 Under Contract -- -- --
10/29/2014 10/29/14 For Rent $1,225 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,475 $253,627 $58,366 $195,261
2023 $3,475 $243,780 $56,100 $187,680
2022 $3,300 $239,000 $55,000 $184,000
2021 $2,244 $154,585 $30,917 $123,668
2020 $2,207 $153,000 $30,600 $122,400
2019 $2,171 $150,000 $30,000 $120,000
2018 $2,293 $160,000 $40,000 $120,000
2017 $2,269 $156,000 $39,000 $117,000
2016 $2,407 $166,000 $41,000 $125,000
2015 $2,643 $182,000 $45,000 $137,000
2014 $2,439 $165,000 $41,000 $124,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21182294

California Regional Multiple Listing Service (CRMLS)

APN: 604-022-066