NOT LISTED FOR SALE

42861 Beato Ct Indio, CA 92203

Indio Area

Estimated Value: $750,000 - $1,216,567

4 Beds
2 Baths
1,898 Sq Ft
$524/Sq Ft Est. Value

Sale Details

Date Sold: July 2, 2021

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

Est. 5% decrease in value since last sale

Current estimated payment $7,053 / mo

17 Days on Market

Highlights

  • Lake Front
  • Water Access
  • Pebble Pool Finish
  • Community 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

Greater Desert Homes License #01780872

Last Buyer's Agent

Nyla Doering

Pacific Sotheby's Int'l Realty License #01903843

Pacific Sotheby's Int'l Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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

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
  • 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
  • Waterfall Pool Feature
  • Above Ground Spa

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

  • Community 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

6,970 Sq Ft Lot

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 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: Primary 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2021
Closed on
Jun 18, 2021
Sold by
Bought by
Seller's Agent
Yasmin Tobey
Desert Sotheby's International Realty
Buyer's Agent
Nyla Doering
Pacific Sotheby's Int'l Realty
List Price
$995,000
Sold Price
$1,050,000
Premium/Discount to List
$55,000
5.53%
Current Estimated Value
$995,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,811
Avg. Annual Appreciation
-1.05%
Original Mortgage
$760,000
Outstanding Balance
$674,450
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$320,739

Purchase Details

Closed on
Apr 16, 2021
Sold by
Bought by

Purchase Details

Closed on
Feb 24, 2021
Sold by
Bought by

Purchase Details

Closed on
Jun 5, 2019
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
May 9, 2007
Sold by
Bought by

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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,050,000 Orange Coast Title Company
-- None Available
-- None Available
$460,000 Orange Coast Ttl Co Of Socal
$390,000 Lawyers Title
$494,500 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $760,000
Previous Owner $22,500
Previous Owner $46,000
Previous Owner $322,000
Previous Owner $100,000
Previous Owner $372,281
Previous Owner $395,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $15,459 $930,000 $300,000 $630,000
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

  • Y

    Seller's Agent in 2021

    Yasmin Tobey

    Desert Sotheby's International Realty

  • Heather Greenwood Real Estate Agent - Greater Desert Homes

    Seller Co-Listing Agent in 2021

    Heather Greenwood

    Greater Desert Homes

    (760) 880-3911

    36 Total Sales

    Heather Greenwood
    Section Image

  • N

    Buyer's Agent in 2021

    Nyla Doering

    Pacific Sotheby's Int'l Realty

    Section Image

  • N

    Buyer's Agent in 2021

    Nyla Patzner

    HOM Sotheby's International

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219062840

California Desert Association of REALTORS®

APN: 696-040-014

California Riverside County Indio 92203

42861 Beato Ct, Indio, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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