NOT LISTED FOR SALE

Estimated Value: $5,982,000 - $8,266,000

4 Beds
4.5 Baths
6,248 Sq Ft
$1,145/Sq Ft Est. Value

Last Sold December 05, 2018

Last sale price $5,250,000 $840 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $44,183/month

272 Days on Market

Highlights

  • On Golf Course
  • Heated In Ground Pool
  • Two Primary Bedrooms
  • Attached Guest House
  • Gourmet Kitchen
  • Gated Community

About This Home

As of December 2018

This beautiful newly constructed home with classic modern architecture and simple, elegant lines at the prestigious Madison Club is ready for its new owners! The 6,250 sqft 4 bedroom / 4.5 bath home features an open and inviting floorplan which is perfect for entertaining with genuine hardwood flooring throughout. The spacious kitchen is generously appointed with Viking appliances. Spectacular views of the 14th green of the Tom Fazio Course and the Santa Rosa and Chocolate Mountains invite you to step outside and enjoy the spacious outdoor living area with infinity pool and fire feature. The sunsets are simply stunning! Offered designer furnished.

Last Agent to Sell the Property

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 02/27/2018

Last Buyer's Agent

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 02/27/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,116

Year Built

  • Built in 2018

Lot Details

  • 0.58 Acre Lot
  • On Golf Course
  • Home has North and South Exposure
  • Paved or Partially Paved Lot
  • Level Lot

HOA Fees

  • $1,240 Monthly HOA Fees

Property Views

  • Golf Course
  • Mountain

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 6,248 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Great Room with Fireplace
  • 3 Fireplaces
  • Living Room
  • Dining Area
  • Den

Kitchen

  • Gourmet Kitchen
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Direct Access Garage
  • Driveway
  • On-Street Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

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

Additional Homes

  • Attached Guest House

Utilities

  • Central Air
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 767700041

Community Details

Overview

  • Association fees include security
  • The Madison Subdivision

Recreation

  • Golf Course Community

Security

  • Resident Manager or Management On Site
  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,116

Year Built

Built in 2018

Lot Details

0

HOA Fees

$1,240 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: One
  • Builders Tract Code: The Madison
  • Building Number Of Stories: 3
  • Building Style: Modern
  • Included In Sale: Furnished per Sellers Inventory.
  • List Price per Sq Ft: 952.30
  • Lp Sp Ratio: 0.8824
  • View Type: Golf Course, Mountain(s)
  • Water District Name: CVWD
  • Year Built: 2018
  • Listing I D: 218006570
  • 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: Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Oven, Gas Range, Microwave Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Location: Exterior, Great Room, Master Bedroom
  • Interior Amenities: Built-In Features, High Ceilings (9 Ft+)
  • Range Hood: Yes
  • Fireplace Features: Fire Pit
  • Flooring: Hardwood, Tile
  • Bedroom Features: 2 Master Bedrooms
  • Total Bedrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Granite Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 6248.00

Exterior Features

  • Other Structures: Guest House Attached
  • Roofing: Flat
  • Built-in BBQ: Gas
  • Foundation: Slab
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • 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, On Street
  • Total Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Ceiling Fan(s), Central Air
  • Security: 24 Hour Security
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Security
  • Association Amenities: Management
  • HOA Information: Yes
  • HOA Fee 1: 1240.00
  • Total Monthly Association Fees: 1240.00

Lot Info

  • Assessor Parcel Number: 767700041
  • Lot Acres: 0.5800
  • Lot Description: Level, Street Paved
  • Lot Location: On Golf Course
  • Lot Size: 25265.00

Rental Info

  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2018
Closed on
Nov 15, 2018
Sold by
Lot 118 Madison Llc
Bought by
Mcginnis Lisa
Seller's Agent
Glenn Cassell
Madison Club Properties
Buyer's Agent
Glenn Cassell
Madison Club Properties
List Price
$5,950,000
Sold Price
$5,250,000
Premium/Discount to List
-$700,000
-11.76%
Current Estimated Value
$7,151,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,901,676
Avg. Annual Appreciation
4.58%

Purchase Details

Closed on
Dec 9, 2016
Sold by
East Of Madison Llc
Bought by
Lot 118 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
$875,000
Interest Rate
3.57%
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
Mcginnis Lisa $4,725,000 Fidelity National Title Comp
Lot 118 Madison Llc $1,250,000 Fntg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lot 118 Madison Llc $875,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2018 12/05/18 Sold $5,250,000 -11.8% $840 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $5,950,000 +13.3% $952 / Sq Ft
07/02/2018 07/02/18 Off Market $5,250,000 -- --
02/27/2018 02/27/18 For Sale $5,950,000 -- $952 / 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 $66,116 $5,270,823 $1,368,739 $3,902,084
2023 $66,116 $5,066,152 $1,315,590 $3,750,562
2022 $64,378 $4,966,817 $1,289,795 $3,677,022
2021 $63,197 $4,869,429 $1,264,505 $3,604,924
2020 $62,480 $4,819,500 $1,251,540 $3,567,960
2019 $61,425 $4,725,000 $1,227,000 $3,498,000
2018 $49,327 $3,800,000 $1,275,000 $2,525,000
2017 $16,781 $1,250,000 $1,250,000 $0
2016 $3,293 $251,897 $251,897 $0
2015 $3,161 $248,114 $248,114 $0
2014 $3,148 $243,254 $243,254 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 218006570

California Desert Association of REALTORS®

APN: 779-440-039