Listed by: Cynthia Hein-Sjurset, California Lifestyle Realty
$225,000
●
Condo -
Off Market
54998 Oak Tree #A22
La Quinta, CA 92253
2 Beds
2 Baths
1,330 Ft²
$441,913
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model
About This Property
This fabulous golf course condo is priced to sell. This Champions 1
plan is situated on the 11th fairway of the TPC Stadium Course at
PGA West. It features 2 bedrooms, 2 baths, extended ceilings, a
spacious kitchen, large courtyard patio and 2 car garage. The home
is beautifully furnished and well appointed. Designer paint tones
put this home over the top!
Unit Size
1,330 Ft²
Days on Market
142 days
Land Size
0.04 acres
Price per sqft
$187
Property Type
Condo
Property Taxes
-
HOA Dues
$560
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (CRMLS #215012432DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2020 | Sold | ||
| Sold | |||
| Jul 24, 2020 | Listed by Coldwell Banker Realty | $299,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Are you dreaming of a second home with expansive views to watch the prestigious AMEX 2021 PGA tour live from your patios? Tee life up from this tastefully updated 2BR, 2BA @1,330SF home perched on 11th fairway of the world renown TPC Stadium Course. This intelligently designed Champion 1 open floor plan maximizes fairway & mountain views. Features: vaulted ceilings w/high windows reflecting natural light, gently textured walls, garden entry, remodeled kitchen w/rich colored cabinets & quartz counters opening to front patio w/BBQ, separation between the two en suite bedrooms for privacy & 3 patios seamlessly incorporating outdoor-indoor living. Generous master suite w/ample closets, quartz counters in master bath & private patio is ideal for lingering over a cup of coffee for the start of a perfect day. This home sublimely complements the ultimate Southern California Desert lifestyle of legends like Bob Hope and Jack Nicklaus at a price that allows your dreams to come true!
| |||
| Sep 4, 2015 | Sold | ||
| Sold | |||
| Apr 15, 2015 | Listed by California Lifestyle Realty | $249,000 | |
| Listed by California Lifestyle Realty | |||
Property Highlights
Air Conditioning
Parking Details
Has Garage
Garage Spaces: 2
Garage Spaces: 2
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Levels: One
Interior Features: Breakfast Area, Separate Formal Dining Room, Furnished
Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Water Heater
Flooring Type: Carpet, Tile
Living Area Square Feet Source: Assessor
Laundry Features: Laundry Closet
Exterior Details
Year Built: 1985
Parcel Number: 775081053
Home Type: Residential
Foundation Details: Slab
Roof: Tile
Window Features: Blinds, Double Pane Windows
Construction Materials: Stucco
Outdoor Living Structures: Concrete
Spa Features: Community, In Ground
Private Pool
Pool Features: In Ground
Lot Information: On Golf Course
Lot Size Source: Assessor
Lot Size Acres: 0.04
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Utilities: Cable Available
Location Details
Association Amenities: Clubhouse, Golf Course, Maintenance Grounds, Management, Pet Restrictions, Security, Trash, Cable Tv
Association Fee: $560
Association Fee Frequency: Monthly
Community Features: Golf, Gated
Security Features: Fire Detection System, Gated Community, Twenty Four Hour Security, Smoke Detectors
Subdivision: PGA Stadium
Subdivision Name: PGA Stadium
Directions: Take Jefferson South to PGA West. Enter the Stadium Residence Gate on the left and then make an immediate left onto Oak Tree. Property will be on your right. Cross Street: Jefferson.
Other Details
Listing Terms: Cash, CashToNewLoan, Conventional
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/24/2020
|
2 Bed
|
2 Bath
|
1330 ft²
|
$299,000
2 Bed
2 Bath
1330 ft²
|
$297,000
-0.67%
10/20/2020
|
Babette Ison
Coldwell Banker Realty
| |
|
04/15/2015
|
2 Bed
|
2 Bath
|
1330 ft²
|
$249,000
2 Bed
2 Bath
1330 ft²
|
$225,000
-9.64%
09/04/2015
|
Cynthia Hein-Sjurset
California Lifestyle Realty
|
Building Info
About PGA West
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Listed by: Cynthia Hein-Sjurset, California Lifestyle Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215012432DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215012432DA
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