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Sold for $775,000
  • Listed by: Summers Realty • Don Summers • Contact: 760-774-9690
    Bought with: Summers Realty
    $775,000

    48808 Classic Dr, La Quinta, CA 92253

    3beds
    1,706sqft
    Condominium
    Built in 2007
    -- sqft lot
    $716,900 Zestimate®
    $454/sqft
    $6,087 Estimated rent

    Home value

    $716,900

    $667,000 - $774,000

    $6,087/mo

    Zestimate® history
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    What's special

    Back on market (subject to cancellation of current escrow) through no issue with property. (Buyers did not perform.) Zoned for Short-Term Rentals! Turnkey-Furnished 3BR/3BA Ground-Floor Villa at Legacy Villas. Ideally located directly across from the Clubhouse (resort pools, spas, fitness center, Legacy Grille, fountains and more). The main patios face a courtyard with a fountain (one of 19 in the community). Note: The suites in this condo are Lockout Suites. Each BR Suite can be locked off from the others, (Each Suite has its own front door.) This offers the owner the flexibility of renting all 3 as one, or as two or even three separate suites. Many owners at Legacy Villas appreciate being able to enjoy a resort vacation home that also helps pay for itself. Legacy Villas features 24/7 guarded gates, an 11,000+ sq. ft. clubhouse w/meeting rooms and the Legacy Grille, 12 salt-water pools, 11 spas, 19 fountains and more. This condo has been a good rental and a well-enjoyed getaway for its owners.

    Zillow last checked:

    Listing updated:

    Listed by:

    Don Summers DRE #01290389 760-774-9690,

    Summers Realty

    Bought with:

    Don Summers, DRE #01290389

    Summers Realty

    Source: CRMLS,MLS#: 219110018DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Bedroom, Living Room, Dining Room
    Bedroom
    • Features: All Bedrooms Down
    Kitchen
    • Features: Granite Counters
    Heating
    • Central, Electric, Forced Air, Heat Pump, Zoned
    Cooling
    • Central Air, Dual, Electric, Heat Pump
    Appliances
    • Included: Convection Oven, Dishwasher, Gas Cooking, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water To Refrigerator
    • Laundry: Laundry Closet
    Features
    • Beamed Ceilings, Wet Bar, Breakfast Bar, Separate/Formal Dining Room, Furnished, High Ceilings, All Bedrooms Down
    • Flooring: Carpet, Tile
    • Doors: French Doors
    • Windows: Double Pane Windows, Shutters
    • Has fireplace: Yes
    • Fireplace features: Decorative, Gas, Gas Starter, Living Room, Primary Bedroom, See Remarks
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,706 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached Carport, Assigned, Guest, On Street, Unassigned
    • Carport spaces: 1
    Features
    • Patio & porch: Concrete
    • Has private pool: Yes
    • Pool features: Community, Fiberglass, Electric Heat, In Ground, Salt Water
    • Spa features: Community, Fiberglass, Heated, In Ground
    • Fencing: Stucco Wall
    Lot
    • Size: 2,340 Square Feet
    • Features: Close to Clubhouse, Drip Irrigation/Bubblers, Landscaped, Planned Unit Development, Paved, Sprinklers Timer, Sprinkler System
    Details
    • Parcel number: 658425028
    • Zoning: C-T
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Spanish
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 2007
    Details
    • Builder model: Plan 3 Villa
    • Builder name: Centex Destination Properties

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Gated, Pool
    • Security: Fire Sprinkler System, Gated Community, 24 Hour Security
    • Subdivision: Legacy Villas
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Controlled Access, Fitness Center, Maintenance Grounds, Insurance, Meeting Room, Management, Meeting/Banquet/Party Room, Barbecue, Other, Pet Restrictions, Security, Trash, Cable TV
    • HOA fee: $835 monthly
    • HOA name: Legacy Villas at La Quinta HOA
    • HOA phone: 760-346-1161
    Location
    • Region: La Quinta

    Financial & listing details

    • Price per square foot: $454/sqft
    • Tax assessed value: $750,000
    • Annual tax amount: $9,646
    • Date on market: 4/26/2024
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
    • Inclusions: This condo is turnkey-furnished as a short-term rental. A detailed Inventory List will be provided.
    • Exclusions: None. Everything in Villa conveys.

    Price history

    DateEventPrice
    7/30/2024Sold$775,000-3%$454/sqft
    Source: CRMLS #219110018DA Report a problem
    7/26/2024Pending sale$799,000$468/sqft
    Source: CDAR/ Desert Area MLS #219110018 Report a problem
    7/13/2024Contingent$799,000$468/sqft
    Source: CDAR/ Desert Area MLS #219110018 Report a problem
    6/18/2024Listed for sale$799,000+115.9%$468/sqft
    Source: CDAR/ Desert Area MLS #219110018 Report a problem
    4/16/2015Sold$370,000-3.9%$217/sqft
    Source: CDAR/ Desert Area MLS #214088412 Report a problem
    4/8/2015Pending sale$385,000$226/sqft
    Source: Realty Executives Broker of Record #CDARCA Report a problem
    4/8/2015Listed for sale$385,000$226/sqft
    Source: Realty Executives Broker of Record #CDARCA Report a problem
    2/5/2015Listing removed$385,000$226/sqft
    Source: realty executives desert lifestyles #214088412 Report a problem
    1/29/2015Price change$385,000-2.5%$226/sqft
    Source: realty executives desert lifestyles #214088412 Report a problem
    12/26/2014Listed for sale$395,000+58.6%$232/sqft
    Source: realty executives desert lifestyles #214088412 Report a problem
    7/10/2009Sold$249,000$146/sqft
    Source: Public Record Report a problem
    3/24/2009Price change$249,000-10.8%$146/sqft
    Source: Listhub #S557087 Report a problem
    2/19/2009Price change$279,000+3.7%$164/sqft
    Source: Listhub #S557087 Report a problem
    2/7/2009Price change$269,000-3.6%$158/sqft
    Source: Listhub #S557087 Report a problem
    12/31/2008Listed for sale$279,000-51.9%$164/sqft
    Source: Listhub #S557087 Report a problem
    8/23/2007Sold$580,000$340/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,646 +67.2%$750,000 +72%
    2024$5,768 +2.4%$435,959 +2%
    2023$5,635 +2.4%$427,411 +2%
    2022$5,505 +2.3%$419,031 +2%
    2021$5,381 +1.8%$410,815 +1%
    2020$5,285 +1.8%$406,603 +2%
    2019$5,189 +1.8%$398,631 +2%
    2018$5,095 +1.4%$390,815 +2%
    2017$5,024 $383,153 +2%
    2016$5,024 +36%$375,641 +40.5%
    2015$3,694 +1.5%$267,429 +2%
    2014$3,637 $262,192 +0.5%
    2013-- $261,008 +2%
    2012-- $255,891 +2%
    2011-- $250,874 +0.8%
    2010-- $249,000 -22.4%
    2009-- $321,000 -36.8%
    2008-- $508,000 +774.8%
    2007-- $58,070
    Find assessor info on the county website

    Neighborhood: 92253

    Nearby schools

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    Estimated market value
    $716,900
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    Estimated market value
    $716,900