tomo logo

$1,300,000

Beds
4
Baths
3.5
sq ft
3,111

56648 Palms Dr, La Quinta, CA 92253

56648 Palms Dr

La Quinta, CA 92253

  • 9 days on market
    • Open house Nov 23
Set on the 10th fairway of the Fred Couples-designed Palms Golf Course, this Mediterranean-inspired masterpiece offers over 3,100 sq. ft. of luxurious living space. With 4 bedrooms and 3.5 baths, the main home includes 3 bedrooms (with an office that can double as a 3rd bedroom), while the detached casita provides a private 4th bedroom—ideal for guests. A private gated courtyard with an outdoor fireplace and fountain welcomes you to this stunning home. Dual glass doors open to reveal breathtaking views of the fairway, framed by towering palms and offering spectacular sunrises and sunsets. Inside, custom wood tile inlay flooring, a dramatic stone fireplace, and high-end finishes create an inviting and sophisticated atmosphere. The expansive chef's kitchen features two granite islands, Jenn Air appliances, and ample storage, perfect for entertaining. The master suite, located for privacy, offers a luxurious bath with a custom walk-in shower, spa tub, and designer finishes. Two additional guest rooms provide comfort and seclusion. The outdoor space is an entertainer's dream, complete with a built-in BBQ, pool, heated spa, surround sound, and sweeping golf course views. Located in the renowned Palms Golf Club, known for its exceptional value and no tee time policy, with low HOA fees and access to golf, tennis, dining, and outdoor activities.

Details

Property type

Single Family Residence

Est. home value

$1,253,852

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$418

Year built

2001

Monthly HOA fee

$500

Price History

11/13/2024
DesertArea

DesertArea #219119853

Listed
$1,300,000
+53.12%
02/26/2021
CRMLS

CRMLS #OC20262666

Sold
$849,000
+23.04%
09/10/2018
DesertArea

DesertArea #218025050

Sold
$690,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Golf, Gated

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

$573,895
Asking price
$1,300,000
Closing costs (~8% of asking)
-$104,000
Est. remaining loan balance
-$622,105
Cash to seller
$573,895

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

Seller’s Loan History

Lender

Lendus Llc

Loan start date

February 2021

Original loan amount

$679,200

Est. remaining balance

$622,105

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Kenneth Todd Raef and Veronica Raef

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?

Status: Active

Tomo last checked: 11/22/2024 at 8:15 AM

Listing updated: 11/18/2024 at 1:10 PM

Listed by: Craig Chorpenning, Desert Sotheby's International Realty Phone #: (760) 537-2900

MLS: DesertArea #219119853

DesertArea logo

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