NOT LISTED FOR SALE

78439 Terra Cotta Ct La Quinta, CA 92253

Estimated Value: $326,000 - $377,000

2 Beds
2 Baths
926 Sq Ft
$375/mo HOA Fee

Last Sold May 09, 2018

Last sale price $200,000 $216 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,466/month

115 Days on Market

Highlights

  • On Golf Course
  • Heated In Ground Pool
  • Lake View
  • Gerald R. Ford Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of May 2018

Great getaway condo or second home located in desirable La Quinta. Come enjoy the resort lifestyle at the gated community of Palm Royale Country Club. Low HOA dues include unlimited golf on this eighteen-hole, PAR 3 executive course, 4 lighted tennis/pickleball courts & six pools & spas. This desirable ground level-end unit features 2 bedroom, 2 baths located on the golf course with lake views. Unit is light and bright with an open floor plan. Kitchen features stainless steel appliances, granite tile counter tops and tile flooring. Master bedroom has vaulted ceilings, mirrored closet doors and en suite. Palm Royale is conveniently located near Indian Wells Tennis Garden, La Quinta's Hwy 111 business district, fine dining & shopping. Call for your private showing.

Last Agent to Sell the Property

Rosemary Lopez

License #01222147 Listed on: 11/28/2017

Last Buyer's Agent

Nancy Berryhill

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,162

Year Built

  • Built in 1989

Lot Details

  • On Golf Course
  • End Unit

HOA Fees

  • $375 Monthly HOA Fees

Property Views

  • Lake
  • Golf Course
  • Mountain

Home Design

  • Stucco Exterior

Interior Spaces

  • 926 Sq Ft Home
  • Cathedral Ceiling
  • Blinds
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Golf Cart Parking

Pool

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

Utilities

  • Central Air
  • Property is located within a water district
  • Cable TV Available

Additional Features

  • Concrete Porch or Patio
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 604022071

Community Details

Overview

  • 354 Units
  • Palm Royale Subdivision

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

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

Pet Policy

  • Pet Restriction

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,162

Year Built

Built in 1989

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Ground
  • Builders Tract Code: Palm Royale
  • List Price per Sq Ft: 225.70
  • Lp Sp Ratio: 0.9569
  • Unit Total In Complex: 354
  • View Type: Golf Course, Mountain(s), Lake
  • Water District Name: CVWD
  • Year Built: 1989
  • Listing I D: 217032842
  • Listing Member Address: 44370 Blazing Star Trail, La Quinta, CA 92253
  • Listing Office Address: 44370 Blazing Star Trail, La Quinta, CA 92253
  • Listing Office Fax: (889) 672-1269
  • Selling Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Palm Royale
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Microwave Oven, Exhaust Fan, Washer, Disposal, Dishwasher
  • Interior Amenities: Cathedral Ceiling(s), Laundry-Closet Stack
  • Flooring: Carpet, Tile
  • Total Bedrooms: 2
  • Bathroom Features: Shower Over Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Living/Dining Combo
  • Kitchen Features: Granite Tile Counters
  • Laundry: In Closet
  • Estimated Sq Ft: 926.00
  • Windows Treatments: Mini Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: End Unit
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Accessories: Safety Fence
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Heated, Fenced
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Tennis Courts, Pet Rules, Golf - Par 3, Golf Course
  • HOA Information: Yes
  • HOA Fee 1: 375.00
  • Total Monthly Association Fees: 375.00
  • Unit Location: End Unit, Ground Floor

Lot Info

  • Assessor Parcel Number: 604022071
  • Lot Acres: 0.0600
  • Lot Location: On Golf Course
  • Lot Size: 2614.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2017
Closed on
Mar 28, 2018
Sold by
Calafata Anthony P and Calafata Laura T
Bought by
Leathley Robert J
Seller's Agent
Rosemary Lopez
Buyer's Agent
Nancy Berryhill
Berkshire Hathaway HomeServices California Properties
List Price
$224,900
Sold Price
$200,000
Premium/Discount to List
-$24,900
-11.07%
Current Estimated Value
$348,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,271
Avg. Annual Appreciation
7.73%
Original Mortgage
$150,000
Outstanding Balance
$128,997
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$219,274

Purchase Details

Closed on
Apr 12, 2004
Sold by
Calafata Anthony P and Calafata Laura T
Bought by
Calafata Anthony P and Calafata Laura T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2003
Sold by
Byrne Elizabeth Mcmahon
Bought by
Byrne Elizabeth Mcmahon

Purchase Details

Closed on
Aug 5, 1993
Sold by
Byrne Elizabeth Mcmahon
Bought by
Byrne Elizabeth Mcmahon
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
Leathley Robert J $200,000 Lawyers Title
Calafata Anthony P -- --
Calafata Anthony P $220,000 First American Title Co
Byrne Elizabeth Mcmahon -- --
Byrne Elizabeth Mcmahon -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leathley Robert J $150,000
Previous Owner Calafata Anthony P $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2018 05/09/18 Sold $200,000 -4.3% $216 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
02/28/2018 02/28/18 Price Changed $209,000 -4.6% $226 / Sq Ft
01/30/2018 01/30/18 Price Changed $219,000 -2.6% $237 / Sq Ft
11/28/2017 11/28/17 For Sale $224,900 -- $243 / 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 $3,162 $227,560 $56,889 $170,671
2023 $3,162 $218,726 $54,681 $164,045
2022 $3,000 $214,438 $53,609 $160,829
2021 $2,925 $210,234 $52,558 $157,676
2020 $2,876 $208,080 $52,020 $156,060
2019 $2,827 $204,000 $51,000 $153,000
2018 $2,876 $208,000 $52,000 $156,000
2017 $2,621 $185,000 $46,000 $139,000
2016 $2,901 $207,000 $52,000 $155,000
2015 $2,950 $207,000 $52,000 $155,000
2014 $3,031 $213,000 $53,000 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217032842

California Desert Association of REALTORS®

APN: 604-022-071