NOT LISTED FOR SALE

40768 Fortunato Ct Indio, CA 92203

Estimated Value: $690,000 - $767,837

5 Beds
4.5 Baths
3,262 Sq Ft
$223/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $550,000 $169 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,951/month

36 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Secondary bathroom tub or shower combo
  • Primary Bedroom Suite
  • Contemporary Architecture
  • Great Room with Fireplace

About This Home

As of March 2021

It's like a dream come true, this 2009 home has 5 bedrooms, 5 baths; all on one level! It also has a saltwater swimming pool with a raised spa, solar system paid, 2 attached garages for 3 cars, built on a 10,454 SF lot w/low HOAs. Ponderosa Villas borders Monroe Street and directly across is Sun City Shadow Hills with two public golf courses and Shadows Restaurant, with the million dollar views, that is public assessable off Avenue 40 without going through a security gate! This home features an oversized great room with a beautiful decorative fireplace, 2 wine coolers, tile flooring, views beyond the massive covered patio & the open kitchen. The kitchen has stainless steel appliances, solid granite counters with a gigantic stool height island where family and guests will love to hang out. Nearby is a nook. There is a formal dining room. The living room can be a second day-room, an office or a den. One wing has a laundry room, a guest bedroom with private bath, the single garage and 2 more bedrooms that share a split Jack & Jill bath. The other wing has a bedroom w/private bath and a 2 car garage. The huge master suite is very quite and very private with the largest closet on the planet! The sunny backyard has a paver patio, a fire pit, the pool/spa and spectacular sunset skies!

Last Agent to Sell the Property

Jelmberg Team

Keller Williams Realty License #01765542 Listed on: 02/09/2021

Last Buyer's Agent

Pamela Jowers

Fathom Realty Group Inc. License #01911970

Fathom Realty Group Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,464

Year Built

  • Built in 2009

Lot Details

  • 10,454 Sq Ft Lot
  • East Facing Home
  • Block Wall Fence
  • Drip System Landscaping
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 3,262 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Stone Fireplace
  • Metal Fireplace
  • Shutters
  • Sliding Doors
  • Great Room with Fireplace
  • Family Room
  • Formal Dining Room
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Secondary bathroom tub or shower combo
  • Shower Only
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Side by Side Parking
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool
  • Saltwater Pool
  • Above Ground Spa
  • Gunite Spa
  • Waterfall Pool Feature

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Solar owned by seller
  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 692600047

Community Details

Overview

  • Paradiso Subdivision
  • Planned Unit Development

Recreation

  • Community Playground

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,464

Year Built

Built in 2009

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Leisure Faces East
  • Levels: One
  • Building Number Of Stories: 1
  • Building Style: Contemporary
  • Entry Location: Ground Level - No Steps
  • Included In Sale: washer/dryer
  • List Price per Sq Ft: 168.00
  • Lp Sp Ratio: 1.0000
  • Year Built: 2009
  • Listing I D: 219057102
  • Listing Office Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Listing Office Fax: (760) 771-3063
  • Selling Member Address: 24800 Chrisanta Dr Suite 140, Mission Viejo, CA 92691
  • Selling Office Address: 24800 Chrisanta Dr Suite 140, Mission Viejo, CA 92691
  • Land Type: Fee
  • Subdivision: Paradiso
  • Special Features: None

Interior Features

  • Appliances: Dryer, Microwave Oven, Washer, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Fireplace Features: Decorative, Metal, Stone
  • Flooring: Carpet, Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 5
  • Bathroom Features: Shower & Tub, Tile Shower, Shower Stall, Shower Over Tub
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Nook, Kitchen Island, Formal Dining Room
  • Kitchen Features: Granite Slab Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 3262.00
  • Windows Treatments: Shutters

Exterior Features

  • Construction: Stucco
  • Other Features: Slab, Solar System Owned
  • Roofing: Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Covered, Rock - Stone
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: Gunite, In Ground
  • Pool Description: Salt Water, Private, In Ground, Gunite
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Above Ground, In Ground, Gunite
  • Spa Hot Tub Description: Private

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Side By Side, Driveway, Garage Door Opener, Direct Entrance
  • Total Covered Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Security: Gated Community
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Gas

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Playground
  • HOA Information: Yes
  • HOA Fee 1: 175.00
  • Total Monthly Association Fees: 175.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 692600047
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Description: Landscaped, Utilities Underground, Street Public, Single Lot, Level
  • Lot Size: 10454.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2021
Closed on
Mar 10, 2021
Sold by
Fortunato Llc
Bought by
Olguin Gisela and Huerta Roberto
Seller's Agent
Jelmberg Team
Keller Williams Realty
Buyer's Agent
Pamela Jowers
Fathom Realty Group Inc.
List Price
$548,000
Sold Price
$550,000
Premium/Discount to List
$2,000
0.36%
Current Estimated Value
$728,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,209
Avg. Annual Appreciation
5.59%
Original Mortgage
$412,500
Outstanding Balance
$371,454
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$328,132

Purchase Details

Closed on
May 29, 2018
Sold by
Badena Vargas Carlos and Labastida Heidi
Bought by
Fortunato Llc

Purchase Details

Listed on
May 24, 2017
Closed on
Jun 26, 2017
Sold by
Brown Vanessa A
Bought by
Badena Vargas Carlos and Labastida Heidi
Seller's Agent
Mitch Mileusnic
Realty Executives Desert Lifestyles
Buyer's Agent
Sheri Dettman
Equity Union
List Price
$525,900
Sold Price
$500,000
Premium/Discount to List
-$25,900
-4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%

Purchase Details

Closed on
Jul 27, 2010
Sold by
Brown Thomas T
Bought by
Brown Vanessa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,842
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2010
Sold by
Ponderosa Homes Ii Inc
Bought by
Brown Vanessa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,842
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Olguin Gisela $550,000 Equity Title
Fortunato Llc -- None Available
Badena Vargas Carlos $500,000 Chicago Title Company
Brown Vanessa A -- Stewart Title Of California
Brown Vanessa A $350,500 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olguin Gisela $412,500
Previous Owner Brown Vanessa A $326,730
Previous Owner Brown Vanessa A $345,842
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $550,000 +0.4% $169 / Sq Ft
02/09/2021 02/09/21 For Sale $548,000 +9.6% $168 / Sq Ft
07/10/2017 07/10/17 Sold $500,000 -4.9% $153 / Sq Ft
06/17/2017 06/17/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $525,900 -- $161 / Sq Ft
Source: California Desert 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 $9,464 $595,336 $27,060 $568,276
2023 $9,464 $572,220 $26,010 $546,210
2022 $8,696 $561,000 $25,500 $535,500
2021 $7,812 $497,205 $124,301 $372,904
2020 $7,416 $492,108 $123,027 $369,081
2019 $7,254 $482,460 $120,615 $361,845
2018 $7,419 $500,000 $100,000 $400,000
2017 $6,483 $424,191 $77,379 $346,812
2016 $6,368 $417,000 $76,000 $341,000
2015 $6,031 $385,000 $70,000 $315,000
2014 $5,630 $360,000 $72,000 $288,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219057102

California Desert Association of REALTORS®

APN: 692-600-047