NOT LISTED FOR SALE

Estimated Value: $6,189,000 - $8,708,000

4 Beds
4.5 Baths
6,444 Sq Ft
$1,174/Sq Ft Est. Value

Last Sold November 03, 2020

Last sale price $5,995,000 $930 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $50,977/month

44 Days on Market

Highlights

  • On Golf Course
  • Infinity Pool
  • Panoramic View
  • Attached Guest House
  • Primary Bedroom Suite
  • Gated Community

About This Home

As of November 2020

Fabulous contemporary Mediterranean estate perfectly situated at the end of a cul-de-sac and perched atop the World Class; Tom Fazio designed golf course at the coveted Madison Club. Extraordinary quality and open floor plan design all punctuated with motorized sliding glass walls opening to the sparkling infinity edge pool, spa, inviting gazebo, yard and firepit. Spacious covered patio with golf course and mountain views perfect to enjoy sunsets, watch a game or retreat from the sun. Large, open chef's kitchen with island seating, adjacent to spacious family room and dining room with views to the patio. The luxurious master wing features imported marbles and limestones, the master spa bath showcases an antique copper soaking tub with warm and inviting wood floors throughout. Reminiscent of the finest resorts and spas for a vacation at home. There are 3 additional suites including a fully self-contained guest casita with kitchenette. Stunning use of tiles and stones for a luxury guest or long-term stay. Timeless family retreat with the utmost quality for the most discerning buyer.

Last Agent to Sell the Property

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 09/16/2020

Co-Listed By

Unknown Member

Last Buyer's Agent

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 09/16/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $82,043

Year Built

  • Built in 2011

Lot Details

  • 0.67 Acre Lot
  • On Golf Course
  • Private Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $1,350 Monthly HOA Fees

Property Views

  • Panoramic
  • Golf Course
  • Mountain

Home Design

  • Tile Roof

Interior Spaces

  • 6,444 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Furnished
  • Bar
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Custom Window Coverings
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Smart Home

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Parking

  • 4 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Pool

  • Infinity Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

Additional Homes

  • Attached Guest House

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 779490038

Community Details

Overview

  • Association fees include security
  • The Madison Subdivision
  • Planned Unit Development

Recreation

  • Golf Course Community

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$82,043

Year Built

Built in 2011

Lot Details

0

HOA Fees

$1,350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 4
  • Entry Floor: 1
  • Entry Location: Foyer
  • Included In Sale: Furnishings per Seller's written inventory
  • List Price per Sq Ft: 930.32
  • Lp Sp Ratio: 1.0000
  • View Type: Golf Course, Panoramic, Mountain(s)
  • Water District Name: CVWD
  • Year Built: 2011
  • Co Listing Office Address: 9454 Wilshire Blvd., Suite 400, Beverly Hills, CA 90212
  • Listing I D: 219049872
  • Listing Member Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Listing Office Address: 52050 Meriwether Way, La Quinta, CA 92253
  • 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

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Gas Oven, Water Line to Refrigerator, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Exterior, Master Bedroom, Living Room
  • Interior Amenities: Beamed Ceilings, Recessed Lighting, Open Floorplan, High Ceilings (9 Ft+), Home Automation System, Bar
  • Range Hood: Yes
  • Fireplace Features: Gas
  • Flooring: Mixed
  • Bedroom Features: Master Suite
  • Total Bedrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar, Formal Dining Room, Breakfast Room
  • Kitchen Features: Granite Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 6444.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Other Structures: Guest House Attached
  • Roofing: Tile
  • Built-in BBQ: Gas
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground, Infinity
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Driveway, Garage Door Opener
  • Total Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Laundry
  • Cooling Type: Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Gated Community
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Quarterly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Security
  • Association Amenities: Controlled Access, Management
  • HOA Information: Yes
  • HOA Fee 1: 4050.00
  • Total Monthly Association Fees: 1350.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 779490038
  • Irrigation: Sprinkler System
  • Lot Acres: 0.6699
  • Lot Description: Level, Private, Street Paved
  • Lot Location: On Golf Course
  • Lot Size: 29185.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 23, 2020
Sold by
Ginsburg Scott K
Bought by
81422 Peary Place Llc
Seller's Agent
Glenn Cassell
Madison Club Properties
Buyer's Agent
Glenn Cassell
Madison Club Properties
List Price
$5,995,000
Sold Price
$5,995,000
Current Estimated Value
$7,853,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,858,142
Avg. Annual Appreciation
5.81%

Purchase Details

Closed on
May 7, 2015
Sold by
Ginsburg Scott and Ginsburg Gina
Bought by
Ginsburg Scott K

Purchase Details

Listed on
Nov 16, 2012
Closed on
Apr 3, 2013
Sold by
Steele Mcgee Sharon
Bought by
Ginsburg Scott and Ginsburg Gina
Seller's Agent
Nick Blodgett
Dibble Real Estate
Buyer's Agent
Nick Blodgett
Dibble Real Estate
List Price
$5,900,000
Sold Price
$4,500,000
Premium/Discount to List
-$1,400,000
-23.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%

Purchase Details

Closed on
Jan 25, 2013
Sold by
Mcgee Stephen D and Steele Mcgee Sharon
Bought by
Steele Mcgee Sharon and The Sharon Steele Mcgee Revocable Inter

Purchase Details

Closed on
Sep 21, 2005
Sold by
East Of Madison Llc
Bought by
Mcgee Stephen D and Steele Mcgee Sharon
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
81422 Peary Place Llc $5,395,500 Fidelity National Title Co
Ginsburg Scott K -- None Available
Ginsburg Scott $4,500,000 Ticor Title Company Of Ca
Steele Mcgee Sharon -- None Available
Mcgee Stephen D $2,500,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 81422 Peary Place Llc $3,237,000
Previous Owner Ginsburg Scott K $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2020 11/03/20 Sold $5,995,000 0.0% $930 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $5,995,000 +33.2% $930 / Sq Ft
04/16/2013 04/16/13 Sold $4,500,000 -23.7% $682 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
11/16/2012 11/16/12 For Sale $5,900,000 -- $894 / 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 $82,043 $6,489,179 $1,623,648 $4,865,531
2023 $82,043 $6,237,198 $1,560,600 $4,676,598
2022 $79,691 $6,114,900 $1,530,000 $4,584,900
2021 $78,143 $5,995,000 $1,500,000 $4,495,000
2020 $65,768 $5,066,923 $1,125,981 $3,940,942
2019 $64,376 $4,967,572 $1,103,903 $3,863,669
2018 $63,416 $4,870,169 $1,082,258 $3,787,911
2017 $63,478 $4,774,677 $1,061,038 $3,713,639
2016 $60,842 $4,681,057 $1,040,234 $3,640,823
2015 $58,398 $4,610,745 $1,024,609 $3,586,136
2014 $58,140 $4,520,430 $1,004,540 $3,515,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219049872

California Desert Association of REALTORS®

APN: 779-490-038