NOT LISTED FOR SALE

79273 Sign of Spring La Quinta, CA 92253

Estimated Value: $348,000 - $407,000

2 Beds
2 Baths
1,231 Sq Ft
$299/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $299,000 $243 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,373/month

74 Days on Market

Highlights

  • Active Adult
  • Open Floorplan
  • Secondary bathroom tub or shower combo
  • Gated Community
  • Clubhouse
  • High Ceiling

About This Home

As of March 2021

Welcome to Watercolors, an active adult community for seniors 55+. The home offers two-bedroom, two baths, approx: 1231sqft with an attached two-car garage and side courtyard. Once inside, you will find an open floor plan, tall ceilings, a gas fireplace in the living room. Buyers must qualify for the Affordable Ownership Housing at the moderate-income category with the City of La Quinta. Subsidy From the City of La Quinta is $103,000. What does this mean to a Buyer? The sales price of $305,000 less the $103,000. Your loan amount would be $202,000 less your down payment! Where can you find a home in a beautiful gated community, located in a great location close to shopping, with low HOAS for that loan amount? Unfortunately, you can't pay all cash.

Last Agent to Sell the Property

Veronica Mendoza

Desert Sands Realty License #01352896 Listed on: 12/12/2020

Last Buyer's Agent

Veronica Mendoza

Desert Sands Realty License #01352896 Listed on: 12/12/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,206

Year Built

  • Built in 2007

HOA Fees

  • $158 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 1,231 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Gas Fireplace
  • Shutters
  • Blinds
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • West Facing Home
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 600420043

Community Details

Overview

  • Active Adult
  • Watercolors Subdivision
  • Planned Unit Development

Amenities

  • Clubhouse
  • Banquet Facilities

Security

  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,206

Year Built

Built in 2007

Lot Details

0

HOA Fees

$158 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West
  • Levels: Ground
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 247.77
  • Lp Sp Ratio: 0.9800
  • Year Built: 2007
  • Listing I D: 219054392
  • Listing Member Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Listing Office Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Listing Office Fax: (760) 262-3232
  • Selling Member Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Selling Office Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Selling Office Fax: (760) 262-3232
  • Land Type: Fee
  • Subdivision: Watercolors
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Dryer Hookup, Gas Range, Microwave Oven, Water Line to Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: High Ceilings (9 Ft+), Open Floorplan
  • Fireplace Features: Gas
  • Flooring: Carpet, Tile
  • Total Bedrooms: 2
  • Bathroom Features: Shower Over Tub, Shower Stall
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar
  • Kitchen Features: Tile Counters
  • Laundry: In Garage
  • Estimated Sq Ft: 1231.00
  • Windows Treatments: Mini Blinds, Shutters

Exterior Features

  • Roofing: Tile
  • Planned Unit Development: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Security: Card/Code Access
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Gas

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Banquet Facilities, Clubhouse
  • HOA Information: Yes
  • HOA Fee 1: 158.00
  • Senior Community: Yes
  • Total Monthly Association Fees: 158.00

Lot Info

  • Assessor Parcel Number: 600420043
  • Lot Size: 0.06

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2020
Closed on
Feb 5, 2021
Sold by
Bailey Darlene
Bought by
Woods Jo Ann
Seller's Agent
Veronica Mendoza
Desert Sands Realty
Buyer's Agent
Veronica Mendoza
Desert Sands Realty
List Price
$305,000
Sold Price
$299,000
Premium/Discount to List
-$6,000
-1.97%
Current Estimated Value
$368,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,456
Avg. Annual Appreciation
4.60%
Original Mortgage
$188,781
Outstanding Balance
$168,458
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$199,998

Purchase Details

Closed on
Apr 18, 2007
Sold by
Santa Rosa Development Inc
Bought by
Bailey Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Woods Jo Ann $299,000 Lawyers Title
Bailey Darlene $285,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woods Jo Ann $188,781
Previous Owner Bailey Darlene $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $299,000 -2.0% $243 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
12/12/2020 12/12/20 For Sale $305,000 -- $248 / 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 $3,206 $212,152 $53,037 $159,115
2023 $3,206 $203,917 $50,979 $152,938
2022 $2,967 $199,920 $49,980 $149,940
2021 $2,861 $194,250 $48,300 $145,950
2020 $2,724 $185,000 $46,000 $139,000
2019 $2,711 $185,000 $46,000 $139,000
2018 $2,693 $185,000 $46,000 $139,000
2017 $2,339 $155,000 $40,000 $115,000
2016 $2,258 $148,000 $40,000 $108,000
2015 $2,289 $148,000 $40,000 $108,000
2014 $2,315 $150,000 $40,000 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219054392

California Desert Association of REALTORS®

APN: 600-420-043