NOT LISTED FOR SALE

81318 Peary Place Lot 68a Place La Quinta, CA 92253

PGA West Neighborhood

Estimated Value: $5,981,000 - $10,509,079

0.61 Acre
$13,788,021 Price per Acre
26,572 Sq Ft Lot

Last Sold August 06, 2014

Last sale price $800,000 $104 Per Sq Ft

Est. 951% increase in value since last sale

Current estimated payment $54,992/month

251 Days on Market

Highlights

  • On Golf Course
  • Panoramic View
  • Level Lot
  • Gated with Attendant
  • 0.61 Acre Lot

About This Lot

As of August 2014

THE MADISON CLUB! 500 beautifully landscaped acres reflect The Madison Club's parkland setting, offering stunning views of the desert mountains and premier Fazio golf course.

Last Agent to Sell the Property

Nick Blodgett

Dibble Real Estate License #01375692 Listed on: 11/08/2013

Last Buyer's Agent

Nick Blodgett

Dibble Real Estate License #01375692 Listed on: 11/08/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $109,968

Lot Details

  • 0.61 Acre Lot
  • On Golf Course
  • Level Lot

Property Views

  • Panoramic
  • Mountain

Utilities

  • Property is located within a water district
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 767680030

Community Details

Overview

  • Property has a Home Owners Association
  • The Madison Subdivision

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$109,968

Lot Details

0

Listing Details

  • Property Type: D
  • Builders Tract Code: The Madison
  • Lp Sp Ratio: 0.8421
  • View Type: Mountain(s), Panoramic
  • Water District Name: CVWD
  • Internal Listing I D: 20190608124245889441000000
  • Listing I D: 213003859
  • Listing Office Address: 53000 Jefferson Street, La Quinta, CA 92253
  • Listing Office Fax: (760) 777-9321
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 53000 Jefferson Street, La Quinta, CA 92253
  • Selling Office Fax: (760) 777-9321
  • Land Type: Fee
  • Subdivision: The Madison
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Telephone Service: In Street
  • Water: Water District

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 1211.00

Lot Info

  • Assessor Parcel Number: 767680030
  • Lot Acres: 0.6100
  • Lot Location: On Golf Course
  • Lot Size: 26572.00
  • Land Info Topography: Flat
  • List Price per Acre: 1557377.05
  • Lot Features: Gated with Guard

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2020
Sold by
Samuel Michael and Samuel Alaina
Bought by
Morton Melissa and Onwards Trust
Current Estimated Value
$8,410,693

Purchase Details

Listed on
Nov 8, 2013
Closed on
Jul 8, 2014
Sold by
3D Group Llc
Bought by
Samuel Michael and Samuel Alaina
Seller's Agent
Nick Blodgett
Dibble Real Estate
Buyer's Agent
Nick Blodgett
Dibble Real Estate
List Price
$950,000
Sold Price
$800,000
Premium/Discount to List
-$150,000
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.70%
Original Mortgage
$500,000
Interest Rate
4.12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 12, 2006
Sold by
East Of Madison Llc
Bought by
3D Group Llc
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
Morton Melissa $8,000,000 Equity Title Los Angeles
Samuel Michael $800,000 First American Title Company
3D Group Llc $1,500,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morton Melissa $4,290,000
Previous Owner Samuel Michael $3,100,000
Previous Owner Samuel Michael $3,200,000
Previous Owner Samuel Michael $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2014 08/06/14 Sold $800,000 -15.8% $104 / Sq Ft
11/08/2013 11/08/13 Pending -- -- --
11/08/2013 11/08/13 For Sale $950,000 -- $123 / 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 $109,968 $8,659,456 $2,706,080 $5,953,376
2023 $109,968 $8,323,200 $2,601,000 $5,722,200
2022 $106,875 $8,160,000 $2,550,000 $5,610,000
2021 $104,384 $8,000,000 $2,500,000 $5,500,000
2020 $55,496 $4,275,015 $879,149 $3,395,866
2019 $54,362 $4,191,192 $861,911 $3,329,281
2018 $53,510 $4,109,012 $845,012 $3,264,000
2017 $53,523 $4,028,444 $828,444 $3,200,000
2016 $10,755 $812,200 $812,200 $0
2015 $10,077 $800,000 $800,000 $0
2014 $11,657 $912,000 $912,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 213003859

California Desert Association of REALTORS®

APN: 779-490-042