Mediterranean home in La Quinta, CA
Set in La Quinta, CA, this Mediterranean condo provides 2 bedrooms and 2 bathrooms across 912 square feet. Its Mediterranean character defines the property's look.
| Price | $277,000 |
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| Beds | 2 |
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| Baths | 2 |
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| Sqft | 912 |
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| Architectural style | Mediterranean (37% match) |
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| Address | 78037 Cobalt Ct, La Quinta, CA 92253 |
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Why buy this home
- Confirmed Mediterranean architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- At $277K, this home is 78% below the $1.3M median for 270 similar Mediterranean homes in La Quinta, CA.
- That works out to $304 per square foot, 32% below the $445 comparable rate.
- New to market (4 days), so expect competition.
| This home | $277,000 |
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| Mediterranean median in La Quinta, CA | $1,250,000 (270 homes) |
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| Price per sq ft | $304 vs. $445 comps median |
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It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,897/month with 20% down at a 7.28% 30-year fixed rate. You would need about $81,304 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,516/mo |
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| Property tax (new-buyer reassessed rate) | $277/mo |
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| Homeowners insurance | $104/mo |
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| Total monthly | $1,897/mo |
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| Down payment (20%) | $55,400 |
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| Income needed | $81,304/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (63 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C+ (63/100) |
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| Beats renting in | 14% of modeled paths |
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| Modeled 5-yr equity (median) | $132,856 |
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| Range (10th to 90th pct) | $77,729 to $197,472 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Trulia