55228 Tanglewood, La Quinta, California 92253, La Quinta, 92253 - 3 bed, 3 bath

55228 Tanglewood, La Quinta, California 92253 home-pic-0
ACTIVE UNDER CONTRACT$1,049,000$2,400/sqft
Est. Value: $925,813
-11%
AboveEstimate
55228 Tanglewood, La Quinta, California 92253
3Beds
3Baths
2,400Sqft
2,613Lot

Price Vs. Estimate

The estimated value ($925,813.495) is $123,186.505 (11%) lower than the list price ($1,049,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Subdivision: Located within the prestigious PGA Palmer Private subdivision in La Quinta, offering a desirable and upscale community setting.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2613, living area = 2400.

Compared to the nearby listings

Price:$1.05M vs avg $810.0K (+$239,000)61%
Size:2,400 sqft vs avg 2,375 sqft51%
Price/sqft:$437 vs avg $37867%

More Insights

Built in 2000 (26 years old).
Condition: The property was built in 2000, making it 24 years old. While the listing notes 'modern construction standards' for its build year, there are no details or images provided to confirm any recent renovations to key areas like the kitchen and bathrooms. Without evidence of updates within the last 15 years, a 24-year-old property typically features functional but potentially outdated styles and features, requiring minor updates to align with current market expectations.
Year Built
2000
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$437
HOA
$929
Days on market
-
Sold On
-
MLS number
219140867DA
Home ConditionFair
Features
Excellent View: Golf Course
ViewGolf Course

About this home

For MLS purposes only

R
Rick Parnell
Listing Agent

Price History

Date
Event
Price
10/21/16
Sold
$535,000
04/17/13
Sold
$465,000
10/28/03
Sold
$450,000
Condition Rating
Fair

The property was built in 2000, making it 24 years old. While the listing notes 'modern construction standards' for its build year, there are no details or images provided to confirm any recent renovations to key areas like the kitchen and bathrooms. Without evidence of updates within the last 15 years, a 24-year-old property typically features functional but potentially outdated styles and features, requiring minor updates to align with current market expectations.
Pros & Cons

Pros

Prime Location & Subdivision: Located within the prestigious PGA Palmer Private subdivision in La Quinta, offering a desirable and upscale community setting.
Golf Course Views: The property boasts direct golf course views, a highly sought-after amenity that enhances its appeal and value.
Spacious Interior: With 2400 square feet, 3 bedrooms, and 3 bathrooms, the home offers a comfortable and functional living space.
Modern Construction Year: Built in 2000, the property benefits from relatively modern construction standards and design, reducing immediate renovation needs.
Desirable City: Situated in La Quinta, a renowned desert resort city known for its lifestyle, amenities, and strong real estate market.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2613, living area = 2400.
Active Under Contract Status: The property is currently active under contract, which may limit immediate interest from new potential buyers.
High Monthly Association Fees: A significant monthly association fee of $929.0 adds a substantial ongoing cost to homeownership.
Limited Lot Size: The lot size of 2613 square feet is relatively small for a single-family residence, potentially offering limited outdoor space.
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