NOT LISTED FOR SALE

78623 Peerless Place La Quinta, CA 92253

Estimated Value: $4,656,000 - $7,082,732

0.47 Acre
$12,732,434 Price per Acre
20,473 Sq Ft Lot

Last Sold January 04, 2021

Last sale price $1,425,000

Est. 320% increase in value since last sale

Current estimated payment $37,072/month

93 Days on Market

Highlights

  • On Golf Course
  • Gated Community
  • 0.47 Acre Lot
  • Panoramic View

About This Lot

As of January 2021

THE LAST GREAT WEST FACING VIEW LOT AT TRADITION! Panoramic mountain, golf, and lake views. Must be seen to be believed. Preliminary layout from a renowned architect are available for purchase.

Last Agent to Sell the Property

Bill Albers

Tradition Properties License #01126489 Listed on: 10/03/2020

Last Buyer's Agent

Carl Roetemeyer

RE/MAX Consultants License #01476460

RE/MAX Consultants

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $68,252

Lot Details

  • 0.47 Acre Lot
  • On Golf Course

Property Views

  • Lake
  • Panoramic
  • Golf Course
  • Mountain

Listing and Financial Details

  • Assessor Parcel Number 770310012

Community Details

Overview

  • Property has a Home Owners Association
  • Tradition Golf Club Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$68,252

Lot Details

0

Listing Details

  • Property Type: D
  • Lp Sp Ratio: 0.9500
  • View Type: Golf Course, Panoramic, Mountain(s), Lake
  • Internal Listing I D: 20201004041801712316000000
  • Listing I D: 219050806
  • Listing Member Address: 78505 Old Avenue 52, La Quinta, CA 92253
  • Listing Office Address: 78505 Old Avenue 52, La Quinta, CA 92253
  • Listing Office Fax: (760) 564-6691
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 44200 Town Center Way, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: Tradition Golf Club
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Sewer: Unknown

Association/Amenities

  • Gated Community: Yes

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 450.00

Lot Info

  • Present Use: Vacant
  • Assessor Parcel Number: 770310012
  • Lot Acres: 0.4700
  • Lot Location: On Golf Course
  • Lot Size: 20473.00
  • Potential Use: Residential

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2020
Closed on
Dec 14, 2020
Sold by
Menzies D Stephen
Bought by
Smith James Bradford and Smith Michele Merchant
Seller's Agent
Bill Albers
Tradition Properties
Buyer's Agent
Carl Roetemeyer
RE/MAX Consultants
List Price
$1,499,000
Sold Price
$1,425,000
Premium/Discount to List
-$74,000
-4.94%
Current Estimated Value
$5,984,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,559,244
Avg. Annual Appreciation
34.76%

Purchase Details

Closed on
May 5, 2014
Sold by
Bailey J A
Bought by
Menzies D Stephen

Purchase Details

Closed on
Aug 13, 1999
Sold by
Pearson Glenn A
Bought by
Bailey J A

Purchase Details

Closed on
Mar 5, 1999
Sold by
Wells Fargo Bank
Bought by
Pearson Glenn A

Purchase Details

Closed on
Jan 29, 1998
Sold by
Tradition Club Associates Llc
Bought by
Wells Fargo Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith James Bradford $1,425,000 Lawyers Title Ie
Menzies D Stephen $1,250,000 Equity Title Company
Bailey J A -- First American Title Co
Pearson Glenn A -- First American Title Co
Wells Fargo Bank $375,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2021 01/04/21 Sold $1,425,000 -4.9% --
12/05/2020 12/05/20 For Sale $1,499,000 +5.2% --
12/05/2020 12/05/20 Off Market $1,425,000 -- --
10/03/2020 10/03/20 For Sale $1,499,000 -- --
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 $68,252 $5,622,465 $1,542,465 $4,080,000
2023 $68,252 $2,682,570 $1,482,570 $1,200,000
2022 $18,130 $1,453,500 $1,453,500 $0
2021 $17,643 $1,415,632 $1,415,632 $0
2020 $17,310 $1,401,117 $1,401,117 $0
2019 $16,980 $1,373,645 $1,373,645 $0
2018 $16,657 $1,346,711 $1,346,711 $0
2017 $16,348 $1,320,305 $1,320,305 $0
2016 $15,977 $1,294,417 $1,294,417 $0
2015 $16,044 $1,274,975 $1,274,975 $0
2014 $6,218 $475,000 $475,000 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bill Albers

    Tradition Properties

    (760) 774-8787

    94 in this area

    113 Total Sales

    Bill Albers
    Section Image

  • C

    Buyer's Agent in 2021

    Carl Roetemeyer

    RE/MAX

    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219050806

California Desert Association of REALTORS®

APN: 770-310-012

California Riverside County La Quinta 92253

78623 Peerless Place, La Quinta, CA

This home is located at 78623 Peerless Place, La Quinta, CA 92253 since 03 October 2020 and is currently estimated at $5,984,244. 78623 Peerless Place is a home located in Riverside County with nearby schools including Harry S. Truman Elementary School, La Quinta Middle School, and La Quinta High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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