NOT LISTED FOR SALE

42861 Beato Ct Indio, CA 92203

Estimated Value: $960,000 - $1,003,385

4 Beds
2 Baths
1,898 Sq Ft
$520/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $1,050,000 $553 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,866/month

17 Days on Market

Highlights

  • Lake Front
  • Water Access
  • Pebble Pool Finish
  • Boat Dock
  • Fitness Center
  • Gourmet Kitchen

About This Home

As of July 2021

Rare single-level waterfront former model home in Terra Lago. Priced to sell with breathtaking water and mountain views. This 4 bedroom home has it all, upgraded finishes, hardwood flooring, gourmet kitchen with granite slab countertops, open inviting floorplan, designer furnishings, oversized custom pebble tech private pool, OWNED solar, cul de sac location, and much, much more! And to top it all, the BEST views in all of Terra Lago. A move-in ready must-see home! Attention investors, this is your opportunity to buy a great ''short-term rental'' property with unlimited potential! Conveniently located near the clubhouse with resort-style community pool, spa, fitness center, game room, and playground, dues also include cable/internet service. Terra Lago is a private guard gated community with low HOA dues, a man-made lake for electric boats, paddle boats, and catch & release fishing. Furniture and boat is available outside of Escrow.

Last Agent to Sell the Property

Yasmin Tobey

Desert Sotheby's International Realty License #01502443 Listed on: 05/30/2021

Co-Listed By

Heather Greenwood

Desert Sotheby's International Realty License #01780872

Last Buyer's Agent

Nyla Doering

Desert Sotheby's International Realty License #01903843

Desert Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 6,970 Sq Ft Lot
  • Lake Front
  • Cul-De-Sac
  • Premium Lot
  • Sprinklers on Timer

HOA Fees

  • $285 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic
  • Mountain
  • Pool

Home Design

  • Tile Roof
  • Concrete Roof
  • "S" Clay Tile Roof

Interior Spaces

  • 1,898 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Shutters
  • Drapes & Rods
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • Pebble Pool Finish
  • In Ground Pool
  • Outdoor Pool
  • Above Ground Spa
  • Waterfall Pool Feature

Outdoor Features

  • Water Access
  • Deck
  • Covered Patio or Porch
  • Fire Pit

Additional Features

  • Solar owned by seller
  • Property is near clubhouse
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 696040014
  • Special Tax Authority

Community Details

Overview

  • Association fees include clubhouse, cable TV
  • Terra Lago Subdivision
  • Greenbelt

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Meeting Room
  • Recreation Room
  • Community Mailbox

Recreation

  • Boat Dock
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Resident Manager or Management On Site
  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 1
  • Included In Sale: Range, Dishwasher, Microwave, Washer, Dryer and Kitchen Fridge.
  • List Price per Sq Ft: 524.24
  • Lp Sp Ratio: 1.0600
  • View Type: Lake, Water, Pool, Panoramic, Mountain(s)
  • Year Built: 2006
  • Co Listing Member Address: 74890 Highway 111, Indian Wells, CA 92210
  • Co Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Listing I D: 219062840
  • Listing Member Address: 74890 Highway 111, Indian Wells, CA 92210
  • Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Selling Member Address: 74890 Highway 111, Indian Wells, CA 92210
  • Selling Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Terra Lago
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Washer, Refrigerator, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Fire Pit, Gas
  • Flooring: Carpet, Hardwood, Ceramic Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Gourmet Kitchen, Granite Slab Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 1898.00
  • Windows Treatments: Drapes, Shutters

Exterior Features

  • Other Features: Premium Lot, Solar System Owned
  • Roofing: Concrete, Tile, Clay Tile
  • Patio: Covered, Deck, Concrete Slab
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: In Ground, Pebble
  • Pool Description: Community, Waterfall, Private, In Ground
  • Pool Location: Private, Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Above Ground, Hot Tub
  • Spa Hot Tub Description: Community, Private
  • View: Yes
  • Waterfront: Lake

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central, Fireplace(s)
  • Security: 24 Hour Security, Gated Community, Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Community Features: Community Dock, Community Mailbox
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules, Yes
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Clubhouse, Cable TV
  • Association Amenities: Barbecue, Recreation Room, Pet Rules, Playground, Picnic Area, Management, Meeting Room, Greenbelt/Park, Fitness Center, Clubhouse, Billiard Room, Banquet Facilities
  • HOA Information: Yes
  • HOA Fee 1: 285.00
  • Total Monthly Association Fees: 285.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 696040014
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Location: Close to Clubhouse, Water Access, Waterfront, Lake Front, Cul-De-Sac
  • Lot Size: 6970.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Yes

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2021
Closed on
Jun 18, 2021
Sold by
Ozzie Group Llc
Bought by
Dusastre Ben and Martinez Fanny Dusastre
Seller's Agent
Yasmin Tobey
Desert Sotheby's International Realty
Buyer's Agent
Nyla Doering
Desert Sotheby's International Realty
List Price
$995,000
Sold Price
$1,050,000
Premium/Discount to List
$55,000
5.53%
Current Estimated Value
$987,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,654
Avg. Annual Appreciation
-1.35%
Original Mortgage
$760,000
Outstanding Balance
$688,085
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$299,261

Purchase Details

Closed on
Apr 16, 2021
Sold by
Taylor Robyn
Bought by
Ozzie Group Llc

Purchase Details

Closed on
Feb 24, 2021
Sold by
Ostrander Brian
Bought by
Taylor Robyn

Purchase Details

Closed on
Jun 5, 2019
Sold by
Meeks Stephen P and Steve P Meeks Declaration Trus
Bought by
Ostrander Brian and Taylor Robyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2016
Sold by
Brennan Bruce D and Brennan Youngran N
Bought by
Stephen P Meeks Declaration Of Trust

Purchase Details

Closed on
May 9, 2007
Sold by
Woodside Portofino Inc
Bought by
Brennan Bruce D and Brennan Youngran N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,500
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Dusastre Ben $1,050,000 Orange Coast Title Company
Ozzie Group Llc -- None Available
Taylor Robyn -- None Available
Ostrander Brian $460,000 Orange Coast Ttl Co Of Socal
Stephen P Meeks Declaration Of Trust $390,000 Lawyers Title
Brennan Bruce D $494,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dusastre Ben $760,000
Previous Owner Ostrander Brian $322,000
Previous Owner Brennan Bruce D $395,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2021 07/02/21 Sold $1,050,000 +5.5% $553 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
05/30/2021 05/30/21 For Sale $995,000 -- $524 / 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 $17,078 $1,114,268 $318,362 $795,906
2023 $17,078 $1,071,000 $306,000 $765,000
2022 $16,548 $1,050,000 $300,000 $750,000
2021 $9,472 $464,765 $60,621 $404,144
2020 $8,529 $419,071 $145,384 $273,687
2019 $8,450 $410,855 $142,534 $268,321
2018 $8,349 $402,800 $139,740 $263,060
2017 $8,187 $390,000 $137,000 $253,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219062840

California Desert Association of REALTORS®

APN: 696-040-014