NOT LISTED FOR SALE

41462 Corte Lante Indio, CA 92203

Shadow Hills Neighborhood

Estimated Value: $464,000 - $627,588

4 Beds
4 Baths
2,259 Sq Ft
$249/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $280,000 $124 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,562/month

56 Days on Market

About This Home

As of March 2014

RARE JEWEL in the gated community of PALAZZO with two Masters in the main house and one office or 3rd bedroom and private attached Casita in the backyard for ultimate privacy poolside. The property is on a curve of a cul-de-sac and features an extra large lot with the most spectacular private saltwater/pebbletec pool, spa and shooting water features including a Waterfall, with shallow beach access perfect for young swimmers or those who wish to sunbathe in the pool. Main house is just under 2300 square feet of interior space with Great Room, Fireplace in Living Room, private dining room and large family casual kitchen with granite counter tops, double ovens, a stainless Kitchen Aid 5 burner gas stovetop, indoor laundry room with sink, extra large garage with opportunity for workshop area or additional covered tandem parking, Gated Community-this one won't last long-Welcome Home!

Last Agent to Sell the Property

Mark Chitjian

Engel & Völkers Beverly HIlls License #01463694 Listed on: 12/31/2013

Engel & Völkers Beverly HIlls

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,409

Year Built

2005

Lot Details

0

Listing Details

  • Active Date: 2014-01-29
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Three Quarter Bathrooms: 1
  • Building Size: 2259.0
  • Building Structure Style: Mediterranean
  • Driving Directions: 10 FREEWAY to MONROE then to gates of PALAZZO for entry. Once inside make 3 Left turns-left on Villa Palazzo, Left on Vialetto, Left on Via Reale, then this street turns into Corte Lante, property will be on your right hand side.
  • Full Street Address: 41462 CORTE LANTE
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2014-03-07
  • Spa Descriptions: Private Spa
  • Mello Roos: Yes
  • Total Number of Units: 1
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2005

Interior Features

  • Bathroom Features: Shower and Tub
  • Bedroom Features: 2 Master Bedrooms
  • Eating Areas: Kitchen Island
  • Appliances: Cooktop - Gas
  • Advertising Remarks: RARE JEWEL in the gated community of PALAZZO with two Masters in the main house and one office or 3rd bedroom and private attached Casita in the backyard for ultimate privacy poolside. The property is on a curve of a cul-de-sac and features an extra large
  • Total Bedrooms: 4
  • Builders Tract Code: 285
  • Builders Tract Name: PALAZZO
  • Fireplace: Yes
  • Levels: One Level
  • Spa: Yes
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher
  • Floor Material: Ceramic Tile
  • Kitchen Features: Granite Counters
  • Laundry: Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 8712
  • Common Walls: Detached/No Common Walls
  • Construction: Stucco
  • Other Structures: GuestHouse, Guest House Attached
  • Patio: Concrete Slab
  • Fence: Block Wall
  • Roofing: Concrete Tile
  • Water: District/Public

Garage/Parking

  • Parking Type: Garage - Two Door

Utilities

  • Sewer: In, Connected & Paid
  • Sprinklers: Sprinkler System
  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling Type: Air Conditioning
  • Heating Type: Central Furnace
  • Security: Gated Community

Condo/Co-op/Association

  • Amenities: Playground
  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2021
Sold by
Jelmberg Christian G
Bought by
Jelmberg Christian G and Jelmberg Blaire
Current Estimated Value
$562,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Outstanding Balance
$217,269
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$345,378

Purchase Details

Listed on
Dec 31, 2013
Closed on
Feb 12, 2014
Sold by
Mcdonagh Michael R
Bought by
Jelmberg Christian G
Seller's Agent
Mark Chitjian
Engel & Völkers Beverly HIlls
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$299,989
Sold Price
$280,000
Premium/Discount to List
-$19,989
-6.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$274,928
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2011
Sold by
Jpmorgan Chase Bank National Association
Bought by
Mcdonagh Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2011
Sold by
Chadwick Jeffrey Darrel
Bought by
Jpmorgan Chase Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2005
Sold by
Rilington Palazzo Llc
Bought by
Chadwick Jeffrey Darrel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,948
Interest Rate
5.9%
Mortgage Type
Negative Amortization
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
Jelmberg Christian G -- Equity Title
Jelmberg Christian G $280,000 Orange Coast Title
Mcdonagh Michael R $175,000 Ticor Title Company Of Ca
Jpmorgan Chase Bank National Association $162,454 Accommodation
Chadwick Jeffrey Darrel $584,000 Stewart Title Riverside
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jelmberg Christian G $290,000
Closed Jelmberg Christian G $274,928
Previous Owner Mcdonagh Michael R $140,000
Previous Owner Chadwick Jeffrey Darrel $437,948
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2014 03/07/14 Sold $280,000 -6.7% $124 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
12/31/2013 12/31/13 For Sale $299,989 -- $133 / 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 $7,409 $343,227 $85,802 $257,425
2023 $7,409 $329,901 $82,471 $247,430
2022 $6,641 $323,433 $80,854 $242,579
2021 $6,513 $317,092 $79,270 $237,822
2020 $6,249 $313,842 $78,458 $235,384
2019 $6,099 $307,689 $76,920 $230,769
2018 $5,949 $301,657 $75,412 $226,245
2017 $5,908 $295,743 $73,934 $221,809
2016 $6,042 $289,945 $72,485 $217,460
2015 $6,001 $285,593 $71,398 $214,195
2014 $4,679 $179,310 $35,862 $143,448
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mark Chitjian

    Engel & Völkers Beverly HIlls

    Section Image

  • N

    Buyer's Agent in 2014

    NonMember AgentDefault

    NonMember OfficeDefault

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 13-725811PS

APN: 691-530-040

California Riverside County Indio 92203 Shadow Hills

41462 Corte Lante, Indio, CA

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