NOT LISTED FOR SALE

81325 Columbus Way La Quinta, CA 92253

PGA West Neighborhood

Estimated Value: $5,607,000 - $17,049,233

0.73 Acre
$14,709,146 Price per Acre
31,799 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $4,500,000

Est. 139% increase in value since last sale

Current estimated payment $74,999/month

67 Days on Market

Highlights

  • On Golf Course
  • 31,799 Sq Ft lot
  • Level Lot
  • Panoramic View

About This Lot

As of October 2021

This incredible custom home is currently under construction and will be sold as-is. The plans call for an incredible courtyard entry complete with water feature, fire pit and lounge area. The expansive glass doors in the great room slide away to reveal a covered loggia, an enormous pool, lounge area with fire pit and incredible views of the Santa Rosa Mountains and the 4th tee box of the acclaimed Tom Fazio designed golf course. The home is designed with 9,932 sqft of living space and total sqft of 11,185. The home features 5 bedrooms and 5.5 baths, a gaming room with bar/lounge, a private office and gourmet kitchen.

Last Agent to Sell the Property

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 08/09/2021

Last Buyer's Agent

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 08/09/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $222,199

Lot Details

  • 0.73 Acre Lot
  • Property fronts a private road
  • On Golf Course
  • Level Lot

Property Views

  • Panoramic
  • Golf Course
  • Mountain

Utilities

  • Phone Available

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 779410003

Community Details

Overview

  • Property has a Home Owners Association
  • The Madison Subdivision

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$222,199

Lot Details

0

Listing Details

  • Property Type: D
  • Lp Sp Ratio: 0.9100
  • View Type: Golf Course, Panoramic, Mountain(s)
  • Water District Name: CVWD
  • Co Listing Office Address: 9454 Wilshire Blvd., Suite 400, Beverly Hills, CA 90212
  • Internal Listing I D: 20210809203634640439000000
  • Listing I D: 219065999
  • Listing Member Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Listing Office Address: 52050 Meriwether Way, La Quinta, CA 92253
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Selling Office Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Land Type: Fee
  • Subdivision: The Madison
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Private Road
  • View: Yes

Utilities

  • Telephone Service: In Street
  • Sewer: Unknown
  • Water: In Street
  • Utilities: In Street

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 5352.00

Lot Info

  • Assessments: Buyer to Assume
  • Present Use: Residential
  • Assessor Parcel Number: 779410003
  • Lot Location: On Golf Course
  • Lot Size: 31799.00
  • Land Info Improvements: Construction has begun
  • Lot Features: Level
  • Potential Use: Residential

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Tax Legal Lot Number: 11
  • Tax Legal Tract Number: 33076-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2023
Sold by
Pacific Speciality Insurance Company
Bought by
Arklow Holdings Llc
Current Estimated Value
$10,737,744

Purchase Details

Listed on
Aug 9, 2021
Closed on
Oct 12, 2021
Sold by
Kaintz Tim
Bought by
Pacific Specialty Insurance Company
Seller's Agent
Glenn Cassell
Madison Club Properties
Buyer's Agent
Glenn Cassell
Madison Club Properties
List Price
$4,950,000
Sold Price
$4,500,000
Premium/Discount to List
-$450,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.09%

Purchase Details

Listed on
Oct 1, 2018
Closed on
May 7, 2019
Sold by
Hank J Holland Revocable Trust
Bought by
Kaintz Tim
Seller's Agent
Glenn Cassell
Madison Club Properties
Buyer's Agent
Glenn Cassell
Madison Club Properties
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.31%
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
Arklow Holdings Llc $17,500,000 Wfg National Title
Pacific Specialty Insurance Company $4,500,000 Fidelity Natl Ttl Builder Sv
Kaintz Tim $1,050,000 Fidelity National Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2021 10/15/21 Sold $4,500,000 -9.1% --
08/09/2021 08/09/21 For Sale $4,950,000 +371.4% --
05/29/2019 05/29/19 Sold $1,050,000 -12.5% -- View Prior Sale
05/03/2019 05/03/19 Pending -- -- --
10/01/2018 10/01/18 For Sale $1,200,000 +4.3% --
06/22/2017 06/22/17 Sold $1,150,000 0.0% -- View Prior Sale
05/22/2017 05/22/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $1,150,000 +15.0% --
03/04/2016 03/04/16 Sold $1,000,000 -33.3% -- View Prior Sale
11/02/2015 11/02/15 Pending -- -- --
11/02/2015 11/02/15 For Sale $1,500,000 +36.4% --
05/01/2014 05/01/14 Sold $1,100,000 -18.5% -- View Prior Sale
11/14/2013 11/14/13 Pending -- -- --
11/14/2013 11/14/13 For Sale $1,350,000 -- --
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 $222,199 $17,850,000 $5,100,000 $12,750,000
2023 $222,199 $5,136,000 $3,876,000 $1,260,000
2022 $69,196 $5,362,600 $3,800,000 $1,562,600
2021 $13,919 $1,082,095 $1,082,095 $0
2020 $13,764 $1,071,000 $1,071,000 $0
2019 $15,419 $1,196,460 $1,196,460 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Glenn Cassell

    Madison Club Properties

    (760) 777-9320

    41 in this area

    42 Total Sales

    Glenn Cassell
    Section Image

  • N

    Seller's Agent in 2017

    Nick Blodgett

    Dibble Real Estate

  • Gregory Gard

    Buyer's Agent in 2017

    Gregory Gard

    California Lifestyle Realty

    (310) 592-8200

    36 in this area

    74 Total Sales

    Gregory Gard
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219065999

California Desert Association of REALTORS®

APN: 779-410-003

California Riverside County La Quinta 92253 PGA West

81325 Columbus Way, La Quinta, CA

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