NOT LISTED FOR SALE

78885 Lima La Quinta, CA 92253

Estimated Value: $1,769,000 - $2,344,000

5 Beds
4.5 Baths
4,756 Sq Ft
$410/Sq Ft Est. Value

Sale Details

Date Sold: April 26, 2019

Last sale price $1,215,000 $255 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $12,403 / mo

208 Days on Market

Highlights

  • Guest House
  • Wine Cellar
  • Panoramic View
  • On Golf Course
  • Pebble Pool Finish
  • Gated Community

About This Home

As of April 2019

Price Reduction! Motivated Sellers...make offers! Magnificent South Facing Custom Home located on The Citrus 4th Fairway with Stunning Mountain Views. Highly Desirable Floor plan featuring 4 Bedrooms with a 2 room detached Casita. Floor to ceiling walls of glass feature the dramatic Mountain & golf course Views. The updated Kitchen opens to a generous sized Family Room with Gorgeous Built-in Media Center. Current owners have invested in enhancing this property with temperature controlled wine room, remodeled master bath, kitchen, powder & secondary bath updates. All exterior concrete solid surfaces have been restored with a stone appearance. The Spectacular Pool & Spa have been upgraded with granite and pebble tec. Additionally there is a full three car garage plus golf cart garage with epoxied floors. Do not hesitate on this RARE offering!

Last Agent to Sell the Property

Kathleen O'Keefe Galigher

California Lifestyle Realty License #01355403 Listed on: 08/18/2018

Co-Listed By

Carol-Lynne Mittelbusher

California Lifestyle Realty License #01748955

Last Buyer's Agent

Bill Albers

Tradition Properties License #01126489

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 15,246 Sq Ft Lot
  • On Golf Course
  • South Facing Home
  • Landscaped
  • Premium Lot
  • Sprinkler System
  • Back Yard

HOA Fees

  • $317 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Panoramic
  • Golf Course

Home Design

  • Slab Foundation

Interior Spaces

  • 4,756 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Custom Window Coverings
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • Pebble Pool Finish
  • Heated In Ground Pool
  • In Ground Spa

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Property is located within a water district

Additional Features

  • Built-In Barbecue
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 776101006

Community Details

Overview

  • Association fees include security, trash
  • The Citrus Subdivision

Recreation

  • Golf Course Community

Security

  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0.35 Acres

HOA Fees

$317 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Leisure Faces South
  • Levels: One
  • Builders Tract Code: The Citrus
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 293.31
  • Lp Sp Ratio: 0.8710
  • View Type: Golf Course, Panoramic
  • Year Built: 1998
  • Co Listing Member Address: 50200 Avenida Vista Bonita, La Quinta, CA 92253
  • Co Listing Member Fax: (760) 771-3087
  • Co Listing Office Address: 50200 Avenida Vista Bonita, La Quinta, CA 92253
  • Co Listing Office Fax: (760) 564-0200
  • Listing I D: 218023034
  • Listing Member Address: 50200 Avenida Vista Bonita, La Quinta, CA 92253
  • Listing Office Address: 50200 Avenida Vista Bonita, La Quinta, CA 92253
  • Listing Office Fax: (760) 564-0200
  • Selling Member Address: 78505 Old Avenue 52, La Quinta, CA 92253
  • Selling Office Address: 78505 Old Avenue 52, La Quinta, CA 92253
  • Selling Office Fax: (760) 564-6691
  • Land Type: Fee
  • Subdivision: The Citrus
  • Special Features: None

Interior Features

  • Appliances: Gas Cooktop, Microwave Oven
  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Interior Amenities: Built-In Features, Cathedral Ceiling(s), High Ceilings (9 Ft+), Open Floorplan, Wet Bar
  • Range Hood: Yes
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Hardwood, Tile
  • Total Bedrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Formal Dining Room
  • Kitchen Features: Granite Slab Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 4756.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Other Features: Premium Lot, Slab
  • Other Structures: Guest House/Casita
  • Built-in BBQ: Gas
  • Pool: Yes
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Community Features: 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 Fees Include: Security, Trash
  • Association Amenities: Pet Rules
  • HOA Information: Yes
  • HOA Fee 1: 317.00
  • Total Monthly Association Fees: 317.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 776101006
  • Irrigation: Sprinkler System
  • Lot Acres: 0.3500
  • Lot Description: Back Yard, Landscaped
  • Lot Location: On Golf Course
  • Lot Size: 15246.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2020
Sold by
Albers William C and Albers Amy E
Bought by
Albers Amy E and Albers William C
Current Estimated Value
$1,977,782

Purchase Details

Listed on
Aug 18, 2018
Closed on
Mar 22, 2019
Sold by
Scott Barry W and Scott Drinda
Bought by
Albers William C and Albers Amy E
Seller's Agent
Kathleen O'Keefe Galigher
California Lifestyle Realty
Buyer's Agent
Bill Albers
Tradition Properties
List Price
$1,495,000
Sold Price
$1,215,000
Premium/Discount to List
-$280,000
-18.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$850,500
Outstanding Balance
$737,552
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,211,650

Purchase Details

Closed on
Jul 1, 2010
Sold by
Cranston Susan Walser and Walser Steven Craig
Bought by
Scott Barry W and Scott Drinda

Purchase Details

Closed on
Jan 24, 2007
Sold by
Walser Joe and Walser Pat
Bought by
Walser Joe Wallace and Walser Patricia Irene

Purchase Details

Closed on
Jul 27, 1998
Sold by
Walser Joe and Walker Pat
Bought by
Walser Joe and Walser Pat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$602,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 1997
Sold by
Austin Jimmie & Austin Jimmie 1982
Bought by
Walser Joseph and Walser Patricia

Purchase Details

Closed on
Apr 19, 1995
Sold by
J M Peters Company Inc
Bought by
Austin Jimmie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Albers Amy E -- Accommodation
Albers William C $1,215,000 Lawyers Title Ie
Scott Barry W $1,050,000 Orange Coast Title Company
Walser Joe Wallace -- None Available
Walser Joe -- Old Republic Title Company
Walser Joseph $175,000 First American Title Ins Co
Austin Jimmie $154,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albers William C $850,500
Previous Owner Walser Joe $602,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2019 04/26/19 Sold $1,215,000 -12.9% $255 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
01/20/2019 01/20/19 Price Changed $1,395,000 -6.7% $293 / Sq Ft
08/18/2018 08/18/18 For Sale $1,495,000 -- $314 / Sq Ft
Source: California Desert Association of REALTORS®

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 $17,222 $1,355,350 $109,318 $1,246,032
2023 $17,222 $1,302,722 $105,074 $1,197,648
2022 $16,433 $1,277,179 $103,014 $1,174,165
2021 $16,001 $1,252,138 $100,995 $1,151,143
2020 $15,698 $1,239,300 $99,960 $1,139,340
2019 $15,281 $1,205,919 $422,069 $783,850
2018 $14,976 $1,182,275 $413,795 $768,480
2017 $14,691 $1,159,094 $405,682 $753,412
2016 $14,352 $1,136,368 $397,728 $738,640
2015 $14,408 $1,119,300 $391,754 $727,546
2014 $14,169 $1,097,377 $384,081 $713,296
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 218023034

California Desert Association of REALTORS®

APN: 776-101-006

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