NOT LISTED FOR SALE

Estimated Value: $5,804,000 - $12,764,077

5 Beds
5.5 Baths
8,390 Sq Ft
$1,069/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $8,000,000 $954 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $57,700/month

70 Days on Market

Highlights

  • On Golf Course
  • Second Kitchen
  • Home Theater
  • Attached Guest House
  • Wine Cellar
  • Heated In Ground Pool

About This Home

As of April 2017

Spectacular home in The Madison Club encompassing panoramic mountain views. Featuring 8,390 square feet of interior space and an additional 2,600 square feet of outdoor living space, this is the epitome of indoor/outdoor living. As you enter through the custom bronze door and into your inner courtyard with a stunning reflecting pool, you immediately feel a sense of place and peace. Extensive use of glass, wood and natural stone throughout the home add to its timeless beauty. Walls of glass automatically retract with the push of a button to connect you to the outdoor living room, firepit, 65' pool, stunning spa and gourmet BBQ area complete with 2 televisions. No expense was spared in providing the finest finishes, custom made furniture, high end custom lighting fixtures and cabinetry, coffee bar, Savant home automation system, theater, office, butler's pantry and stunning limestone, marble and quartzite throughout. Furnished as per inventory with artwork excluded.

Last Agent to Sell the Property

Nick Blodgett

Dibble Real Estate License #01375692 Listed on: 01/09/2017

Last Buyer's Agent

Nick Blodgett

Dibble Real Estate License #01375692 Listed on: 01/09/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $111,553

Year Built

  • Built in 2017

Lot Details

  • 0.86 Acre Lot
  • On Golf Course
  • Landscaped
  • Paved or Partially Paved Lot
  • Back Yard

HOA Fees

  • $1,240 Monthly HOA Fees

Property Views

  • Panoramic
  • Golf Course
  • Mountain

Home Design

  • Custom Home
  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 8,390 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Built-In Features
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Gas Log Fireplace
  • Custom Window Coverings
  • Sliding Doors
  • Wine Cellar
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room with Fireplace
  • Dining Room
  • Home Theater
  • Stone Flooring

Kitchen

  • Gourmet Kitchen
  • Second Kitchen
  • Walk-In Pantry
  • Butlers Pantry
  • Gas Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Linen Closet
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Double Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Smart Home
  • Fire and Smoke Detector

Parking

  • 4 Car Direct Access Garage
  • Driveway

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Outdoor Fireplace
  • Fire Pit
  • Built-In Barbecue

Additional Homes

  • Attached Guest House

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 767690017

Community Details

Overview

  • The Madison Subdivision

Recreation

  • Putting Green

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$111,553

Year Built

Built in 2017

Lot Details

0

HOA Fees

$1,240 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: The Madison
  • Building Number Of Stories: 4
  • Building Style: Contemporary
  • Included In Sale: Furnished as per inventory.
  • List Price per Sq Ft: 1072.47
  • Lp Sp Ratio: 0.8891
  • View Type: Golf Course, Panoramic, Mountain(s)
  • Water District Name: CVWD
  • Year Built: 2017
  • Listing I D: 217000936
  • Listing Office Address: 53000 Jefferson Street, La Quinta, CA 92253
  • Listing Office Fax: (760) 777-9321
  • Selling Office Address: 53000 Jefferson Street, La Quinta, CA 92253
  • Selling Office Fax: (760) 777-9321
  • Land Type: Fee
  • Subdivision: The Madison
  • Special Features: NewHome

Interior Features

  • Appliances: Bar Ice Maker, Gas Cooktop, Microwave Oven, Gas Oven, Gas Range, Exhaust Fan, Washer, Trash Compactor, Stackable W/D Hookup, Refrigerator, Disposal, Freezer, Dishwasher, Dryer
  • Fireplace: Yes
  • Fireplace Location: Exterior, Great Room, Family Room
  • Interior Amenities: Built-In Features, Wet Bar, Recessed Lighting, Open Floorplan, Laundry-Closet Stack, High Ceilings (9 Ft+), Home Automation System
  • Fireplace Features: Fire Pit, Gas Log
  • Flooring: Stone Tile
  • Bedroom Features: Master Retreat, Walk In Closet, Master Suite
  • Total Bedrooms: 5
  • Bathroom Features: Double Shower, Under Vanity Lighting, Powder Room, Linen Closet, Double Vanity(s)
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Eating Areas: Dining Area
  • Kitchen Features: Gourmet Kitchen, Second Kitchen, Stone Counters, Skylight(s), Pantry, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 8390.00
  • Windows Treatments: Custom Window Covering, Skylight(s)

Exterior Features

  • Construction: Hard Coat Stucco
  • Other Features: Barbeque Private, Putting Green, Custom Built
  • Other Structures: Outside Shower, Guest House Attached
  • Roofing: Flat
  • Built-in BBQ: Gas
  • Foundation: Slab
  • Pool: Yes
  • Pool Accessories: Unknown
  • Pool Construction: Gunite, In Ground
  • 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
  • Parking: Direct Entrance, Driveway
  • Total Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Zoned, Central Air
  • Heating: Fireplace(s), Zoned, Forced Air
  • Heating Fuel: Natural Gas
  • Security: Fire Alarm
  • Sewer: Unknown
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 1240.00
  • Total Monthly Association Fees: 1240.00

Lot Info

  • Assessor Parcel Number: 767690017
  • Lot Acres: 0.8600
  • Lot Description: Back Yard, Street Paved, Landscaped
  • Lot Location: On Golf Course
  • Lot Size: 37250.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 4

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2017
Closed on
Mar 22, 2017
Sold by
Equestrian Life Nv Llc
Bought by
Bolno David and The Bonhill Road Trust
Seller's Agent
Nick Blodgett
Dibble Real Estate
Buyer's Agent
Nick Blodgett
Dibble Real Estate
List Price
$8,998,000
Sold Price
$8,000,000
Premium/Discount to List
-$998,000
-11.09%
Current Estimated Value
$8,966,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$966,359
Avg. Annual Appreciation
1.34%

Purchase Details

Closed on
Jun 18, 2015
Sold by
East Of Madison Llc
Bought by
Equestrian Life Nv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.85%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 15, 2013
Sold by
Brigham Robert J
Bought by
East Of Madison Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.45%
Mortgage Type
Seller Take Back
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
Bolno David $8,000,000 Fidelity National Title
Equestrian Life Nv Llc $1,700,000 Fntg Builder Services
East Of Madison Llc $1,500,000 Ticor Title Company Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Equestrian Life Nv Llc $1,100,000
Previous Owner East Of Madison Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2017 04/07/17 Sold $8,000,000 -11.1% $954 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $8,998,000 -- $1,072 / 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 $111,553 $8,936,508 $2,234,125 $6,702,383
2023 $111,553 $8,589,494 $2,147,372 $6,442,122
2022 $108,705 $8,421,073 $2,105,267 $6,315,806
2021 $106,727 $8,255,955 $2,063,988 $6,191,967
2020 $105,512 $8,171,301 $2,042,825 $6,128,476
2019 $103,732 $8,011,080 $2,002,770 $6,008,310
2018 $101,759 $7,854,000 $1,963,500 $5,890,500
2017 $89,136 $6,734,000 $1,734,000 $5,000,000
2016 $22,163 $1,700,000 $1,700,000 $0
2015 $19,212 $1,529,970 $1,529,970 $0
2014 -- $1,536,946 $1,536,946 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217000936

California Desert Association of REALTORS®

APN: 779-410-016