NOT LISTED FOR SALE

40985 Lake View Dr Indio, CA 92203

Estimated Value: $1,099,000 - $3,932,174

0.84 Acres
$3,118,323 Price per Acre
36,590 Sq Ft Lot

Last Sold January 10, 2014

Last sale price $375,000

Est. 599% increase in value since last sale

Current estimated payment $16,701/month

156 Days on Market

Highlights

  • Lake Front
  • 0.84 Acre Lot
  • Paved or Partially Paved Lot
  • Panoramic View

About This Lot

As of January 2014

Shadow Lake Estates has active recreation for the entire family. The variety of lake activities include not only water skiing and wakeboarding, but also fishing and swimming. The lake has been stocked with over 10,000 fish including bass, bluegill, catfish and sunfish. Windsurfing and sport sailing is allowed on windy days. This large, lake front custom home lot offers incredible views. A covered boat dock with electric lift is included. This is a great place for quality family time that can include kids and/or grandkids. Community gas station, boat launch & grassy picnic areas. This lot has plans available for a 4800 sq ft home with a 4-car garage. Homes in this community range from $1.8 million to $3.8 million. Shadow Lake is 20 minutes to El Paseo Drive, 3 minutes to Landmark

Last Agent to Sell the Property

Jenell VanDenBos

Bennion Deville Homes License #01833698 Listed on: 08/06/2013

Last Buyer's Agent

Jenell VanDenBos

Property Details

Property Type

  • Land

Lot Details

  • 0.84 Acre Lot
  • Lake Front
  • Paved or Partially Paved Lot
  • Hillside Location

Property Views

  • Lake
  • Panoramic
  • City Lights
  • Mountain

Utilities

  • Sewer in Street
  • Phone Available

Community Details

  • Property has a Home Owners Association
  • Shadow Lake Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 692270008

Property Details

Property Type

Land

Lot Details

0.84 Acres

Listing Details

  • Property Type: D
  • Builders Tract Code: Shadow Lake Estates
  • Lp Sp Ratio: 0.9398
  • View Type: City Lights, Lake, Panoramic, Mountain(s)
  • Water District Name: CVWD
  • Internal Listing I D: 20190608115904121022000000
  • Listing I D: 21479449
  • Listing Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-6951
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-6951
  • Land Type: Fee
  • Subdivision: Shadow Lake Estates
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Telephone Service: In Street
  • Sewer: In Street Paid
  • Water: In Street

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 740.00

Lot Info

  • Tract Name: Shadow Lake Estates
  • Assessor Parcel Number: 692270008
  • Lot Acres: 0.8400
  • Lot Location: Hillside, Lake Front
  • Lot Size: 36590.00
  • Land Info Topography: Sloping toward lake front
  • List Price per Acre: 475000.00
  • Lot Features: Street Paved

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2013
Closed on
Nov 20, 2013
Sold by
Burke Timothy and Burke Sherri
Bought by
Miller Marion Gabriele and 2011 Usa Miller Trust
Seller's Agent
Jenell VanDenBos
Bennion Deville Homes
Buyer's Agent
Jenell VanDenBos
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Current Estimated Value
$2,619,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,244,391
Avg. Annual Appreciation
17.29%

Purchase Details

Closed on
Jun 3, 2008
Sold by
Deleeuw William
Bought by
Burke Timothy and Burke Sherri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2008
Sold by
Deleeuw William
Bought by
Deleeuw William and Eb Desert Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2002
Sold by
Shadow Lake Estates Llc
Bought by
Caspers David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.16%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Miller Marion Gabriele $375,000 Chicago Title Company
Burke Timothy $600,000 Orange Coast Title Co
Deleeuw William -- Fidelity Natl Title Ins Co
Caspers David J $520,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deleeuw William $300,000
Previous Owner Caspers David J $355,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2014 01/10/14 Sold $375,000 -6.0% --
08/06/2013 08/06/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $399,000 -- --
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 $36,859 $3,064,622 $933,789 $2,130,833
2023 $36,859 $2,945,621 $897,530 $2,048,091
2022 $35,430 $2,887,865 $879,932 $2,007,933
2021 $29,374 $2,393,249 $424,687 $1,968,562
2020 $28,810 $2,368,710 $420,333 $1,948,377
2019 $28,251 $2,322,266 $412,092 $1,910,174
2018 $27,705 $2,276,732 $404,012 $1,872,720
2017 $27,135 $2,232,091 $396,091 $1,836,000
2016 $25,014 $2,068,325 $388,325 $1,680,000
2015 $4,728 $382,492 $382,492 $0
2014 $6,312 $510,000 $510,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jenell VanDenBos

    Bennion Deville Homes

  • Jenell Fontes

    Buyer's Agent in 2014

    Jenell Fontes

    Coldwell Banker Realty

    (760) 831-4126

    18 in this area

    114 Total Sales

    Jenell Fontes
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Map

Source: California Desert Association of REALTORS®

MLS Number: 21479449

California Desert Association of REALTORS®

APN: 692-270-021

California Riverside County Indio 92203

40985 Lake View Dr, Indio, CA

Not Listed for Sale

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