NOT LISTED FOR SALE

40623 Morris St Indio, CA 92203

Estimated Value: $453,000 - $559,000

3 Beds
2 Baths
2,517 Sq Ft
$205/Sq Ft Est. Value

Last Sold June 25, 2012

Last sale price $180,000 $72 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $3,232/month

118 Days on Market

About This Home

As of June 2012

Back on the market, subject to cancellation of current escrow. Reduced!!! Beautiful Newer home in the gated community of Shadow Hills! Large open floor plan includes 3 Bedrooms, 2 Baths, and a Casitas! Located near freeways, shchools, shopping, and parks. Community features gated access, parks, and walking areas great neighborhood for couples or families! Come live at Shadow Hills!

Last Agent to Sell the Property

Dio Kapitan

Go Direct Realty, Inc. License #1834679 Listed on: 01/17/2012

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,812

Year Built

2004

Lot Details

0

Listing Details

  • Cross Street: JACKSON ST & SHADOW HILLS WY
  • Active Date: 2012-05-02
  • Full Bathroom: 2
  • Building Size: 2517.0
  • Driving Directions: E on Ave 42 N on Jackson E on Shadow Hills Way.
  • Exclusions: SOLD AS IS
  • Full Street Address: 40623 Morris St
  • Lot Size Acres: 0.18
  • Primary Object Modification Timestamp: 2013-11-25
  • Tax Legal Lot Number: 47
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Advertising Remarks: Back on the market, subject to cancellation of current escrow. Reduced!!! Beautiful Newer home in the gated community of Shadow Hills! Large open floor plan includes 3 Bedrooms, 2 Baths, and a Casitas! Located near freeways, shchools, shopping, and pa
  • Total Bedrooms: 3
  • Builders Tract Name: SHADOW HILLS
  • Levels: One Level
  • Pool: No

Exterior Features

  • Lot Size Sq Ft: 7841
  • Construction: Stucco
  • Foundation: Foundation - Concrete Slab
  • Roofing: Concrete Tile
  • Water: Water District

Garage/Parking

  • Parking Type: Garage - Three Door

Utilities

  • Sewer: In, Connected & Paid, Unknown
  • Cooling Type: Air Conditioning, Central A/C
  • Heating Type: Forced Air

Condo/Co-op/Association

  • HOA: No
  • Association Name: Desert Resort

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2012
Closed on
Jun 6, 2012
Sold by
Federal National Mortgage Association
Bought by
Torres Daniel E
Seller's Agent
Dio Kapitan
Go Direct Realty, Inc.
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$169,900
Sold Price
$180,000
Premium/Discount to List
$10,100
5.94%
Current Estimated Value
$516,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,322
Avg. Annual Appreciation
8.26%
Original Mortgage
$173,992
Outstanding Balance
$120,809
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$395,513

Purchase Details

Closed on
May 10, 2011
Sold by
Papanastasatos Alice
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 21, 2004
Sold by
Shadow Hills Llc
Bought by
Papanastasatos Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,900
Interest Rate
5.53%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Torres Daniel E $180,000 Servicelink
Federal National Mortgage Association $119,500 Landsafe Default Inc
Papanastasatos Alice $310,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Daniel E $173,992
Previous Owner Papanastasatos Alice $247,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2012 06/25/12 Sold $180,000 +5.9% $72 / Sq Ft
05/14/2012 05/14/12 Pending -- -- --
05/02/2012 05/02/12 For Sale $169,900 0.0% $68 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
04/06/2012 04/06/12 Price Changed $169,900 -5.6% $68 / Sq Ft
03/06/2012 03/06/12 Price Changed $179,900 -11.3% $71 / Sq Ft
02/02/2012 02/02/12 For Sale $202,900 0.0% $81 / Sq Ft
02/02/2012 02/02/12 Price Changed $202,900 +12.7% $81 / Sq Ft
01/31/2012 01/31/12 Off Market $180,000 -- --
01/17/2012 01/17/12 For Sale $203,830 -- $81 / Sq Ft
Source: Palm Springs Regional Association of Realtors

Tax History Compared to Growth

Source: Public Records

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 $5,812 $226,074 $45,211 $180,863
2023 $5,812 $217,297 $43,456 $173,841
2022 $5,055 $213,037 $42,604 $170,433
2021 $4,913 $208,861 $41,769 $167,092
2020 $4,742 $206,720 $41,341 $165,379
2019 $4,624 $202,668 $40,531 $162,137
2018 $4,560 $198,695 $39,737 $158,958
2017 $4,541 $194,800 $38,958 $155,842
2016 $4,705 $190,982 $38,195 $152,787
2015 $4,636 $188,115 $37,622 $150,493
2014 $4,595 $184,432 $36,886 $147,546
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Dio Kapitan

    Go Direct Realty, Inc.

  • N

    Buyer's Agent in 2012

    NonMember AgentDefault

    NonMember OfficeDefault

See All Agents

Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 41446221

APN: 692-310-032

California Riverside County Indio 92203

40623 Morris St, Indio, CA

This home is located at 40623 Morris St, Indio, CA 92203 since 17 January 2012 and is currently estimated at $516,322, approximately $205 per square foot. This property was built in 2004. 40623 Morris St is a home located in Riverside County with nearby schools including Andrew Jackson Elementary School, Desert Ridge Academy, and Shadow Hills High School.

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