NOT LISTED FOR SALE

78437 Terra Cotta Ct La Quinta, CA 92253

Estimated Value: $324,000 - $390,000

2 Beds
2 Baths
912 Sq Ft
$390/mo HOA Fee

Last Sold June 17, 2015

Last sale price $175,000 $192 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,483/month

64 Days on Market

Highlights

  • Lake Front
  • On Golf Course
  • Heated In Ground Pool
  • Gerald R. Ford Elementary School Rated A-
  • Unit is on the top floor
  • Rooftop Deck

About This Home

As of June 2015

BEST-PRICED 2 BD/2 BA Upper-End Unit Condo! Gorgeous Views! Located in very popular Palm Royale Country Club, this charming condo offers the quintessential golf lover's paradise. Features include: living room w/ spectacular views & desirable upper-level top patio/balcony, efficient kitchen w/ refrigerator, electric range, dishwasher & microwave, dining area w/ views, master bedroom w/ attached bathroom, guest bedroom & guest bathroom. Ceiling fans, custom window treatments & designer touches add appeal & comfort. 1-car garage Palm Royale home owners' have the privilege of free, unlimited golf on their par-3 executive course that is enhanced with meandering pathways, lush greenbelts & ponds, all set against a magnificent panoramic mountain view backdrop. Community amenities include: gated community, 6 pools, 4 lighted tennis courts, landscape maintenance, cable TV w/ HBO & insurance. Palm Royale is conveniently located near the Valley's best shopping, dining and entertainment venues.

Last Agent to Sell the Property

Brad Schmett Real Estate Group

Keller Williams Luxury Homes License #01275226 Listed on: 04/03/2015

Co-Listed By

Brad Schmett

Keller Williams Luxury Homes License #01275226

Last Buyer's Agent

Christine Nichols

Premier Properties License #01852842

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,884

Year Built

  • Built in 1989

Lot Details

  • Lake Front
  • On Golf Course
  • End Unit
  • Northeast Facing Home
  • Landscaped
  • Lawn

HOA Fees

  • $390 Monthly HOA Fees

Property Views

  • Lake
  • Golf Course
  • Mountain

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 912 Sq Ft Home
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Awning
  • Shutters
  • Sliding Doors
  • Entryway
  • Dining Area
  • Utility Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms
  • Marble Bathroom Countertops
  • Secondary bathroom tub or shower combo
  • Shower Only
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry in Bathroom
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Detached Garage
  • Automatic Gate
  • Guest Parking
  • On-Street Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Rooftop Deck

Location

  • Unit is on the top floor

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 604022070

Community Details

Overview

  • Association fees include building & grounds, insurance, cable TV, clubhouse
  • Palm Royale Subdivision
  • On-Site Maintenance
  • Community Lake
  • Greenbelt

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Community Mailbox

Recreation

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

Pet Policy

  • Pet Restriction
  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,884

Year Built

Built in 1989

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Front Door Faces North, Leisure Faces East
  • Levels: Top
  • Builders Tract Code: Palm Royale
  • Included In Sale: Washer, dryer, refrigerator & TVs.
  • List Price per Sq Ft: 202.74
  • Lp Sp Ratio: 0.9465
  • View Type: Golf Course, Mountain(s), Lake
  • Water District Name: Coachella Valley Water
  • Year Built: 1989
  • Co Listing Office Address: 47100 Washington St., Ste 101, La Quinta, CA 92253
  • Co Listing Office Fax: (760) 771-3063
  • Listing I D: 215009724
  • Listing Office Address: 47100 Washington St., Ste 101, La Quinta, CA 92253
  • Listing Office Fax: (760) 771-3063
  • Selling Member Address: 78-115 Calle Estado, #104, La Quinta, CA 92253
  • Selling Member Fax: (760) 619-3384
  • Selling Office Address: 78-115 Calle Estado, #104, La Quinta, CA 92253
  • Selling Office Fax: (760) 888-9112
  • Land Type: Fee
  • Subdivision: Palm Royale
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Microwave Oven, Electric Oven, Water Line to Refrigerator, Washer, Refrigerator, Disposal, Electric Dryer Hookup, Dishwasher
  • Interior Amenities: Cathedral Ceiling(s), Tray Ceiling(s), Recessed Lighting
  • Flooring: Carpet, Tile
  • Bedroom Features: All Bedrooms Up
  • Total Bedrooms: 2
  • Bathroom Features: Shower Over Tub, Marble Counters, Tile Shower, Shower Stall
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Tile Counters
  • Laundry: In Bathroom
  • Estimated Sq Ft: 912.00
  • Windows Treatments: Shutters

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony
  • Roofing: Tile
  • Foundation: Slab
  • Patio: Awning(s), Roof Top Deck
  • Pool: Yes
  • Pool Accessories: Safety Fence, Safety Gate
  • Pool Construction: In Ground
  • Pool Description: Not Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: On Street, Guest
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: 220V Throughout
  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Fuel: Electric
  • Security: Automatic Gate, Fire Alarm, Card/Code Access
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Community Mailbox, Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules, Call
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Insurance, Cable TV, Clubhouse
  • Association Amenities: Barbecue, Tennis Courts, Pet Rules, Picnic Area, Maintenance Grounds, Lake or Pond, Guest Parking, Greenbelt/Park, Golf Course, Clubhouse, Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 390.00
  • Total Monthly Association Fees: 390.00
  • Unit Location: End Unit, Top Floor

Lot Info

  • Assessor Parcel Number: 604022070
  • Lot Acres: 0.0600
  • Lot Description: Curbs, Sidewalks, Landscaped, Lawn
  • Lot Location: Corner Lot, On Golf Course, Lake Front, Greenbelt
  • Lot Size: 2614.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2015
Sold by
Vanhorn Marna W
Bought by
Horn Marna W Van and Hinman Robert C
Current Estimated Value
$353,262

Purchase Details

Listed on
Apr 3, 2015
Closed on
May 22, 2015
Sold by
Boggs David Brian and Boggs Kimberly Ann
Bought by
Vanhorn Marna W
Seller's Agent
Brad Schmett Real Estate Group
Keller Williams Luxury Homes
Buyer's Agent
Christine Nichols
Premier Properties
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$131,250
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2007
Sold by
Gruber Joyce L and Gruber Thomas A
Bought by
Boggs David Brian and Boggs Kimberly Ann

Purchase Details

Closed on
Oct 16, 2003
Sold by
Gruber Thomas A and Gruber Joyce L
Bought by
Gruber Thomas A and Gruber Joyce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 9, 2002
Sold by
Ray Bonnie Jean and Weidner Bonnie Jean
Bought by
Gruber Thomas A and Gruber Joyce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
5.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 1998
Sold by
Burns Barbara J
Bought by
Weidner Bonnie Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
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
Horn Marna W Van -- Orange Coast Title Co Socal
Vanhorn Marna W $175,000 Lawyers Title Company
Boggs David Brian $300,000 First American Title
Gruber Thomas A -- --
Gruber Thomas A $154,000 --
Weidner Bonnie Jean $98,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanhorn Marna W $131,250
Previous Owner Gruber Thomas A $25,000
Previous Owner Gruber Thomas A $129,000
Previous Owner Weidner Bonnie Jean $78,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2015 06/17/15 Sold $175,000 0.0% $192 / Sq Ft
06/16/2015 06/16/15 Off Market $175,000 -- --
06/06/2015 06/06/15 Pending -- -- --
05/17/2015 05/17/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $199,000 -- $218 / Sq Ft
Source: California Desert Association of REALTORS®

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 $2,884 $210,314 $52,575 $157,739
2023 $2,884 $202,150 $50,535 $151,615
2022 $2,715 $198,188 $49,545 $148,643
2021 $2,644 $194,303 $48,574 $145,729
2020 $2,599 $192,311 $48,076 $144,235
2019 $2,554 $188,541 $47,134 $141,407
2018 $2,510 $184,845 $46,211 $138,634
2017 $2,490 $181,221 $45,305 $135,916
2016 $2,480 $177,668 $44,417 $133,251
2015 $3,012 $212,000 $53,000 $159,000
2014 -- $219,000 $55,000 $164,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 215009724

California Desert Association of REALTORS®

APN: 604-022-070