tomo logo

$360,000

Beds
2
Baths
2.0
sq ft
912

78491 Magenta Dr, La Quinta, CA 92253

78491 Magenta Dr

La Quinta, CA 92253

  • 136 days on market
    • Price drop $15,000↓
Discover your personal paradise in Palm Royale community, where convenances and serenity merge seamlessly. This two-bedroom, two-bathroom condo, just moments from the renowned Indian Wells Tennis Garden, offers more than a home—it delivers a lifestyle. Step inside to experience modern elegance paired with cozy comfort. A brand-new $10k HVAC system ensures optimal climate control year-round, while the stunning north-facing views of the Chocolate Mountains provide a daily dose of natural beauty. Beyond its comfy interior, this condo represents a savvy investment opportunity with flexible rental options of 30 days or more, promising potential income streams. Enjoy exclusive community amenities including tennis courts, pickleball, sparkling pools, and a par three golf course, all at your doorstep.Our seller is offering an additional bonus: a potential credit towards reducing your permanent or temporary interest rates, making your transition to this coveted residence even smoother. Embrace a lifestyle of leisure in the heart of La Quinta. Seize this chance to make Palm Royale your new home, where every day feels like a vacation.

Details

Property type

Condominium

Est. home value

$385,107

Lot size

Unknown

Price per sq ft

$395

Year built

2000

Monthly HOA fee

$480

Price History

07/24/2024
DesertArea

DesertArea #219110533

Listed
$360,000
06/14/2024
DesertArea

DesertArea #219110533

Pending
$360,000
05/14/2024
DesertArea

DesertArea #219110533

Price change
$360,000
-4%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Golf, Pool, Gated

Seller’s Loan History

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

Lender

Change Lending Llc

Loan start date

June 2021

Original loan amount

$182,000

Est. remaining balance

$169,489

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Rambod Tehrani and Michelle Tehrani

Lender

Quicken Loans Inc

Loan start date

November 2016

Original loan amount

$185,850

Est. remaining balance

$154,271

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Rambod Tehrani and Michelle Tehrani

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: 09/07/2024 at 12:05 PM

Listing updated: 09/02/2024 at 12:49 AM

Listed by: Charles E Borromeo, The Agency Phone #: (760) 965-4200

MLS: DesertArea #219110533

DesertArea logo

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