Check Availability
$1,295,000
↓ $54K (4%)
House - For Sale

56176 Platinum Way

La Quinta, CA 92253
bedrooms
3 Beds
bathrooms
1.5 Baths, 1 Half Bath
square feet
2423 Sqft
$6,914
Estimated Monthly
$555
HOA / Fees
2.66%
Cap Rate

About This Property

Location, Location, Vacation! La Quinta's BEST UPSCALE Option for SHORT TERM Rentals, BAR NONE, in the Private Enclave of PGA West Signature. This Cal West Built MODEL HOME has Everything Today's Buyer is Looking for; BRIGHT, AIRY and OPEN with and Abundance of Natural Light, Unrivalled FIT AND FINISH and an Outdoor Entertaining Space that is Both Private and Zen-esque. You'll Appreciate the Tasteful and Elegant Vibe with its Soaring Beamed Ceilings, Warm Textures and a Soothing Paint Schematic. Kitchen Offers Quartz and Granite Counters, KitchenAid Appliances, Double Ovens and Ample Cabinetry. Two PRIMARY Suites, One Upstairs w/Jaw Dropping Views and one on the Lower Level give Polarity and Privacy to the Bedrooms. Seamless Indoor/Outdoor Living w/a Generous Pool + Spa, Built in BBQ and Low Maintenance Landscaping. Two Car Garage + Golf Cart. Truly a Triple Option of Opportunity; a Primary Residence, a Vacation Getaway -or- a Fantastic Rental Opportunity that Could be Ready for Revenue. Crisp. Clean and must be Seen! Bonus: Close to the Clubhouse, Hiking/Biking Trails & Minutes from Shopping/Dining, Old Town, Golfing, the Polo Grounds/Music Festivals & all that La Quinta has to Offer!

The manager has listed the unit size as 2423 square feet.
Unit Size
2,423Ft²
Days on Market
54 days
Land Size
-
Price per sqft
$534
Property Type
House
Property Taxes
-
HOA Dues
$555
Year Built
2015
Listed By
T.J. McCaa
Bennion Deville Homes
Last updated: 12 days ago (CDARCA #219108165)

Price History

Date / Event Date Event Price
Apr 20, 2024 Price Decreased $1,295,000
↓ $54K (4%)
Price Decreased
Apr 4, 2024 Price Decreased $1,349,000
↓ $46K (3.3%)
Price Decreased
Mar 18, 2024 Price Decreased $1,395,000
↓ $80K (5.4%)
Price Decreased
Mar 8, 2024 Listed by Cool Digs $1,475,000
Listed by Cool Digs

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Stucco

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Basement Area: 0
  • Garage Square Area: 496
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 3,454
  • Gross Building Area: 3,454
  • Building Area: 2,408
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,408
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: TRACT 36537 1
  • Land Acres: 0.13
  • Legal Description 1: .13 ACRES M/L IN LOT 59 MB 442/055 TR 36537-1

Ownership

  • Current Owner : GAETO RICHARD A
  • Current Owner 2: GAETO COLLEEN P
  • Previous Owner : RREF II CWC LAQ LLC
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Coachella Valley Unified School District
  • Census Tract: 045613

Geography

  • Subdivision Tract Number: 36537-1
  • Parcel: 775-400-059
  • Lot: 59
  • Municipality: LA QUINTA
  • Latitude: 33.6417
  • Longitude: -116.263

    Address

  • Full Address: 56176 Platinum Way
  • Address - House Number: 56176
  • Address - Street Name: Platinum
  • Address - Suffix Type: Way
  • State: CA
  • City Name: La Quinta
  • Carrier Code: C022
  • 4-Digit Zip Code: 8615
  • Zip Code: 92253

Valuation

    Tax

  • Total Area: 2,408
  • Tax Year: 2023
  • Tax Amount: $9,777
  • Tax Rate Code Area: 020-025

    Appraisal Valuation

  • Standard Deviation: 0.1808
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 1,093,993
  • High Value: 1,313,646
  • Low Value: 874,340

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $440,000
  • First Open Lien Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Open Lien Mortgage Recording Date: Dec 16, 2020
  • First Open Lien Mortgage Loan Amount: $440,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $757,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $710,756
  • Assessed Land Value: $142,152
  • Assessed Improvements Value: $568,604

    Sales

  • Current Sale Contract Date: May 30, 2018
  • Current Sale Recording Date: Jun 07, 2018
  • Current Sale Transaction ID: 11470150666
  • Current Sale Price: $650,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2018-0230709

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES HOME EQUITY INC
  • First Mortgage Transaction Date: Jun 07, 2018
  • First Mortgage Loan Amount: $453,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Jul 01, 2048

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
2,450 ft²
$565/ft²
$1,385,000 Nov 21, 2023
-
$649/mo
House
3 Beds
3.5 Baths
2,353 ft²
$635/ft²
$1,495,000 Jan 23, 2024
-
$798/mo
House
3 Beds
3.5 Baths
2,715 ft²
$460/ft²
$1,249,000 Mar 2, 2024
-
$850/mo
House
3 Beds
3.5 Baths
2,260 ft²
$569/ft²
$1,285,000 Jan 8, 2024
-
$474/mo
House
3 Beds
3.5 Baths
3,020 ft²
$394/ft²
$1,190,000 Mar 5, 2024
-
$774/mo
House
3 Beds
2.5 Baths
1,924 ft²
$883/ft²
$1,699,000 Feb 21, 2024
-
$555/mo
House
3 Beds
4 Baths
1,901 ft²
$671/ft²
$1,275,000 Feb 24, 2024
-
$555/mo
House
3 Beds
3.5 Baths
3,285 ft²
$487/ft²
$1,600,000 Jan 15, 2024
-
$529/mo
Condo
3 Beds
3.5 Baths
2,846 ft²
$492/ft²
$1,399,000 Sep 18, 2023
-
$939/mo
Condo
3 Beds
3.5 Baths
2,645 ft²
$490/ft²
$1,295,000 Jan 19, 2024
-
$893/mo

About PGA West


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Frequently Asked Questions

When was property at 56176 Platinum Way built and last sold?
The property at 56176 Platinum Way was built in 2015 and last sold on May 30, 2018 for $650,000.
How much is this home worth?
The estimated value of the home located at 56176 Platinum Way is $1,389,807.
What are some comparable homes to 56176 Platinum Way?
Homes that are comparable to 56176 Platinum Way include a house property at 79935 Double Eagle Way, 56785 Merion, 56670 Merion.

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