tomo logo

$1,799,000

Beds
3
Baths
3.5
sq ft
2,967

54780 Madagascar Way, La Quinta, CA 92253

54780 Madagascar Way

La Quinta, CA 92253

  • 331 days on market
"Open House; Saturday June 29,2024 - 12:00 pm - 4:00 pm" Introducing, this truly gorgeous, upgraded Estate Style Home in prestigious Griffin Ranch guarded gate community. This south facing home sits on a corner lot with a huge, parklike green belt on two sides and a very private back yard. There is only one contiguous neighbor to the west. The Sellers purchased the home, preconstruction, in 2019, and had the Builder upgrade and/or add many amenities during construction, such as, a saltwater swimming pool and spa with tanning shelf, ambient lighting and tranquil waterfalls, a large covered patio in the pool area, ceiling fans, a built in barbeque with misters, gas firepit, and a putting green. The Sellers just installed all new upgraded Landscaping. There's a two car garage + a golf cart garage (the Sellers Golf Cart is included in the sale!) Custom Epoxy floors in all garage spaces with built in custom storage cabinets. The unique open floor plan with the Living Room/Great Room having high ceilings, a Grand Fireplace and 10 foot sliding glass doors that open into the pool area, Also, a Formal Dining Room, a spacious separate Office and Laundry Room with sink, upper and lower cabinets and clothes folding area. The Master Bedroom has a modern en suite Bathroom with Soaking tub and large Walk in closet. The other bedrooms each have their own private Bath and the home has a 4th guest Bathroom. The Gourmet kitchen includes a large prep Island with Granite Counter Tops and Backsplash, an Eating area, a 6 burner Stovetop with dual Ovens and state of the art Stainless Steel Thermador Appliances and a large walk in Pantry. Included is an additional Refrigerator in the garage and rear patio, along with the Three Big Screen TV's that are included in the sale. A Custom sound speaker system in the Living Room/Great room, Master Bedroom, Office, and Back and Front Patios that can be controlled individually. There is a existing ADT Security System on the premise that the new Owners can contact ADT if they wish to reactivate the system. H.O.A amenities include: State of the Art Clubhouse w/Pool, Spa and Fitness Center, Pilates & Yoga Studio, Ping pong & billiards room, Tennis, Bocce and Pickle ball courts, Putting Green, Dog Park, Community special events and more. The property is close to world renowned Golf at PGA West, PGA Gregg Norman and Silver Rock Communities.

Details

Property type

Single Family Residence

Est. home value

$1,842,391

Lot size

0.29 acres

Price per sq ft

$607

Year built

2019

Monthly HOA fee

$575

Price History

08/10/2023
CRMLS

CRMLS #TR23148237

Listed
$1,799,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Golf, Sidewalks

High school district: 

Desert Sands Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,442,374
Asking price
$1,799,000
Closing costs (~8% of asking)
-$143,920
Est. remaining loan balance
-$212,706
Cash to seller
$1,442,374

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Western Express Lending

Loan start date

August 2020

Original loan amount

$232,000

Est. remaining balance

$212,706

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

William Charles Erwin and Linda Rhea Wright Erwin

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/05/2024 at 11:50 PM

Listing updated: 06/29/2024 at 5:23 AM

Listed by: Todd Chiriano, American Federal Properties Phone #: (909) 861-1000

MLS: CRMLS #TR23148237

CRMLS logo

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