NOT LISTED FOR SALE

39614 Picasso Ct Indio, CA 92203

Shadow Hills Neighborhood

Estimated Value: $553,000 - $1,207,000

4 Beds
3.5 Baths
3,650 Sq Ft
$215/Sq Ft Est. Value

Last Sold April 12, 2012

Last sale price $325,000 $89 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $4,679/month

233 Days on Market

Highlights

  • Outdoor Pool
  • Gated Community
  • Great Room
  • Primary Bedroom Suite
  • Bonus Room
  • Fireplace

About This Home

As of April 2012

ESPANA a gated community situated between the Chocolate & Santa Rosa Mountain ranges within Shadow Hills of North Indio between Washington & Jefferson streets bounded by Sun City-Palm Desert immediately to the west and close to I-10 Freeway. Original PRICES $380,000 to $600,000 NEW PRICES $228,600 to $356,600 for these one & two story homes from 2,200 sft to 4,050 sft, 3 to 6 bedrooms, 2 & 3 bay garages. Eight Model Homes include pool/spa/landscape, tile, granite & upgrades too many to name plus Twenty Production Homes ready for occupancy. Homes built by one of the valleys most respected home builders over the past 30 years. Close proximity to shopping, resort hotels, golf and a New 6 to 12 grade Desert Sands School District complex within walking distance and close to K to 5 public & private schools. No Mello Roos, No Special long term Tax Assessments or Flood Insurance. Come visit this 1 of 28 homes and compare to the many fine homes throughout the valley. Models Open Daily 10-4.

Last Agent to Sell the Property

Doug Balog

License #01197951 Listed on: 07/20/2011

Last Buyer's Agent

Marilynn Rebhun

HK Lane Real Estate License #01778328

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 8,276

HOA Fees

  • $92 Monthly HOA Fees

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 3,650 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Great Room
  • Dining Room
  • Bonus Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district

Additional Features

  • Outdoor Pool
  • 8,276 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 691670008

Community Details

Overview

  • Espana Subdivision, Plan G Model Home

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Two
  • Builder Model Name: Plan G - Model Home
  • Builders Tract Code: Espana
  • List Price per Sq Ft: 89.04
  • Lp Sp Ratio: 1.0000
  • Year Built: 2007
  • Listing I D: 21433026
  • Listing Office Address: 73200 El Paseo Dr., Ste. 2F, Palm Desert, CA 92260
  • Listing Office Fax: (760) 773-3371
  • Selling Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Selling Office Fax: (760) 834-7575
  • Land Type: Fee
  • Subdivision: Espana
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Bedroom Features: Master Suite
  • Total Bedrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 3650.00

Exterior Features

  • Roofing: Concrete, Tile
  • Pool: Yes
  • Pool Location: Private

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Gated Community: Yes

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 92.00
  • Total Monthly Association Fees: 92.00

Lot Info

  • Assessor Parcel Number: 691670008
  • Lot Acres: 0.1900
  • Lot Size: 8276.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2011
Closed on
Apr 9, 2012
Sold by
Gid Espana Llc
Bought by
Sanchez Mitchell and Sanchez Sujey
Seller's Agent
Doug Balog
Buyer's Agent
Marilynn Rebhun
HK Lane Real Estate
List Price
$339,450
Sold Price
$325,000
Premium/Discount to List
-$14,450
-4.26%
Current Estimated Value
$784,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,781
Avg. Annual Appreciation
6.60%
Original Mortgage
$316,761
Outstanding Balance
$218,273
Interest Rate
3.86%
Mortgage Type
FHA
Estimated Equity
$566,508

Purchase Details

Closed on
Mar 8, 2011
Sold by
Sa California Group Inc
Bought by
Gid Espana Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2010
Sold by
Solomon Peter
Bought by
Sa California Group Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sanchez Mitchell $325,000 First American Title Company
Gid Espana Llc -- First American Title Nhs
Sa California Group Inc $2,224,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Mitchell $316,761
Previous Owner Gid Espana Llc $5,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2012 04/12/12 Sold $325,000 0.0% $89 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
03/06/2012 03/06/12 Price Changed $325,000 -4.3% $89 / Sq Ft
07/20/2011 07/20/11 For Sale $339,450 -- $93 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,127 $408,203 $102,045 $306,158
2023 $6,127 $392,354 $98,084 $294,270
2022 $5,810 $384,661 $96,161 $288,500
2021 $5,668 $377,120 $94,276 $282,844
2020 $5,548 $373,254 $93,310 $279,944
2019 $5,439 $365,936 $91,481 $274,455
2018 $5,319 $358,762 $89,689 $269,073
2017 $5,237 $351,729 $87,931 $263,798
2016 $5,151 $344,833 $86,207 $258,626
2015 $5,157 $339,656 $84,913 $254,743
2014 $5,073 $333,003 $83,250 $249,753
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Doug Balog

  • M

    Buyer's Agent in 2012

    Marilynn Rebhun

    HK Lane Real Estate

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 21433026

California Desert Association of REALTORS®

APN: 691-670-008

California Riverside County Indio 92203 Shadow Hills

39614 Picasso Ct, Indio, CA

Not Listed for Sale

Detached

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