NOT LISTED FOR SALE

43208 Portuale Ct Indio, CA 92203

Indio Area

Estimated Value: $862,000 - $999,000

5 Beds
3.5 Baths
2,416 Sq Ft
$379/Sq Ft Est. Value

Sale Details

Date Sold: September 20, 2024

Last sale price $968,000 $401 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,640 / mo

53 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Community Lake
  • In Ground Pool
  • Lake View
  • 2nd Bath Tub/Shower Combo

About This Home

As of September 2024

Investors this is it l!!! This exceptional short-term rental property generated a six-figure gross income in 2023, despite being off the market for two months! This short-term rental is one of the few homes with 5 bedrooms, making it a prime investment opportunity. Built in 2022 and spanning 2,424 sq ft, this magnificent 5-bedroom, 4-bathroom home offers resort-style living at its finest. Includes a newer owned solar system which is essential and an outdoor misting system recently installed in the backyard, enhancing energy efficiency and guest comfort.Awesome breathtaking lake and mountain views and an open floor plan with modern design. Step inside and be greeted by a spacious dining area adjacent to the gourmet kitchen, creating an inviting space for family meals and entertaining guests. Upstairs, four generously sized bedrooms include a luxurious suite with its own private covered balcony, the perfect spot to unwind and soak in the panoramic views. The fifth bedroom, conveniently located on the first floor off the entry, offers flexibility and convenience for guests or use as a home office.The real highlight of this home is the outdoor oasis featuring a sparkling pool and rejuvenating spa, where guests can lounge, swim, and soak up the California sun year-round. Offered turnkey furnished and short-term rental approved, this home presents an exceptional opportunity for investors .

Last Agent to Sell the Property

Angela Maciel-Gibbons

BPO Homes License #01735647 Listed on: 07/26/2024

Last Buyer's Agent

Outside Agent

CLAW Reciprocal Listings

Range of Values:

--
Value Increase
--
Percent Increase
--
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 2021

Lot Details

  • 3,484

HOA Fees

  • $285 Monthly HOA Fees

Interior Spaces

  • 2,416 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Entryway
  • Great Room
  • Combination Dining and Living Room
  • Lake

Kitchen

  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Vanity
  • 2nd Bath Tub/Shower Combo

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Additional Features

  • 3,484 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 696090015
  • Special Tax Authority

Community Details

Overview

  • Terra Lago Subdivision
  • Community Lake
  • Planned Unit Development

Recreation

  • Fitness Center

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2021

Lot Details

3,484 Sq Ft Lot

HOA Fees

$285 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Two
  • List Price per Sq Ft: 403.56
  • Lp Sp Ratio: 0.9900
  • View Type: Lake, Pool
  • Year Built: 2021
  • Listing I D: 219114596
  • Listing Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: NOT AVAILABLE, UNKNOWN, OS
  • Land Type: Fee
  • Subdivision: Terra Lago
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Dishwasher
  • Flooring: Carpet, Tile
  • Total Bedrooms: 5
  • Bathroom Features: Double Vanity(s), Shower & Tub
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Eating Areas: Living/Dining Combo
  • Kitchen Features: Island, Quartz Counters
  • Estimated Sq Ft: 2416.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Security: 24 Hour Security
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Controlled Access, Lake or Pond, Fitness Center
  • HOA Information: Yes
  • HOA Fee 1: 285.00
  • Total Monthly Association Fees: 285.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 696090015
  • Lot Acres: 0.0800
  • Lot Size: 3484.00

Rental Info

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

Tax Info

  • Mello Roos: Yes

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
Jul 26, 2024
Closed on
Sep 23, 2024
Sold by
Narayan Dharmauitaypal R and Narayan Prathima
Bought by
Seller's Agent
Angela Maciel-Gibbons
BPO Homes
Buyer's Agent
Outside Agent
CLAW Reciprocal Listings
List Price
$1,050,000
Sold Price
$968,000
Premium/Discount to List
-$82,000
-7.81%
Views
8
Current Estimated Value
$916,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,746
Avg. Annual Appreciation
-2.78%
Original Mortgage
$72,600
Outstanding Balance
$71,062
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$845,192

Purchase Details

Listed on
Jul 26, 2024
Closed on
Sep 6, 2024
Sold by
Portuale 43208 Statutory Trust and Tran Van K
Bought by
Narayan Dharmavijaypal and Narayan Prathima
Seller's Agent
Angela Maciel-Gibbons
BPO Homes
Buyer's Agent
Outside Agent
CLAW Reciprocal Listings
List Price
$1,050,000
Sold Price
$968,000
Premium/Discount to List
-$82,000
-7.81%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,600
Outstanding Balance
$71,062
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$845,192

Purchase Details

Closed on
Jun 15, 2024
Sold by
Van-Dinh Tuan and Tran Van K
Bought by
Porthole 43208 Statutory Trust

Purchase Details

Listed on
Sep 6, 2022
Closed on
Oct 3, 2022
Sold by
Lennar Homes Of California Llc
Bought by
Vandinh Tuan and Tran Van K
Seller's Agent
Todd Myatt
Century 21 Masters
Buyer's Agent
Sarah Sigman
Impact
List Price
$987,057
Sold Price
$834,990
Premium/Discount to List
-$152,067
-15.41%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%
Original Mortgage
$667,920
Interest Rate
5.66%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 23, 2021
Sold by
Veritas Lido Llc
Bought by
Lennar Homes Of California Inc

Purchase Details

Closed on
Jan 29, 2021
Sold by
Riley Mickie L and Riley Hansi
Bought by
Taramar Group Inc

Purchase Details

Closed on
Jun 4, 2018
Sold by
Veritas Lido Llc
Bought by
Veritas Lido Llc
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
-- None Listed On Document
Narayan Dharmavijaypal $968,000 Fidelity National Title
Porthole 43208 Statutory Trust -- None Listed On Document
Vandinh Tuan $835,000 --
Lennar Homes Of California Inc $7,035,000 Fntg Builder Services
Taramar Group Inc -- Fntg Builder Services
Veritas Lido Llc -- Fntg Builder Services
Veritas Lido Llc -- First American Title Company
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 $72,600
Previous Owner Vandinh Tuan $667,920
Previous Owner Veritas Lido Llc $1,575,000
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 Prior Sale
09/20/2024 09/20/24 Sold $968,000 -0.7% $401 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
08/21/2024 08/21/24 Price Changed $975,000 -7.1% $404 / Sq Ft
07/26/2024 07/26/24 For Sale $1,050,000 +25.8% $435 / Sq Ft
10/17/2022 10/17/22 Sold $834,990 -15.4% $344 / Sq Ft View Prior Sale
10/04/2022 10/04/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $987,057 -- $407 / 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 $15,884 $987,359 $246,842 $740,517
2025 $14,647 $968,000 $242,002 $725,998
2023 $14,647 $834,990 $300,000 $534,990
2022 $1,331 $106,998 $106,998 $0
2021 $664 $52,558 $52,558 $0
2020 $652 $52,020 $52,020 $0
2019 $640 $51,000 $51,000 $0
2018 $627 $50,000 $50,000 $0
2017 $464 $36,611 $36,611 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219114596

California Desert Association of REALTORS®

APN: 696-090-015

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