NOT LISTED FOR SALE

43228 Bacino Ct Indio, CA 92203

Estimated Value: $1,139,768 - $1,348,000

4 Beds
3 Baths
2,726 Sq Ft
$443/Sq Ft Est. Value

Last Sold December 07, 2023

Last sale price $979,900 $359 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,925/month

96 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Gated Community
  • Water Access
  • Heated In Ground Pool
  • Clubhouse

About This Home

As of December 2023

Experience the ultimate lakeside living in this stunning 4 bedroom, 3 bath home with breathtaking lake and mountain views. This home boasts the largest floor plan in the community and sits on one of the largest lots, providing ample room for entertainment and relaxation. Step into the backyard oasis and discover the brand-new pool with an Infinity Edge Spa. Entertain your guests with the custom-built BBQ and firepit while enjoying the cool breeze under any of the multiple seating areas. For the ultimate comfort, commercial-grade misters and artificial turf have been installed to make this backyard the perfect place to be all year round. Watch your favorite movies while you soak in the pool or spa.Inside, the interior is adorned with newer modern furnishings and custom paint with sparkling crystals that exudes an ultra-luxury feeling. The home is designed to make you feel like you are in the Bellagio Resort with numerous custom flower paintings throughout the house. This home has over $200k in recent upgrades. The garage has two EV charges as added convenience for your guest. Not only is this home perfect for personal use, but it is also a great opportunity to make unlimited passive income. The home is currently a successful short-term rental that can be used as a 1031 tax exchange. Terra Lago is a short-term friendly community that's located minutes from the festivals and the brand new arena.This beauty will not last. Call me directly before it sells.

Last Agent to Sell the Property

David Colin

HomeSmart License #01710306 Listed on: 09/01/2023

HomeSmart

Last Buyer's Agent

LOUIS AMORI

OAK HILLS REALTY & MORTGAGE License #00846816

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 3,920 Sq Ft Lot
  • Lake Front
  • Home has East and West Exposure
  • Block Wall Fence
  • Drip System Landscaping

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Property Views

  • Lake
  • Mountain

Interior Spaces

  • 2,726 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Water Access
  • Built-In Barbecue

Location

  • Property is near park

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 696070055
  • Special Tax Authority

Community Details

Overview

  • Terra Lago Subdivision
  • Greenbelt

Amenities

  • Clubhouse
  • Banquet Facilities
  • Billiard Room

Recreation

  • Community Basketball Court
  • Community Playground
  • Fitness Center

Security

  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces West, Leisure Faces East
  • Levels: Two
  • Building Number Of Stories: 1
  • Included In Sale: Turn-key furnished
  • List Price per Sq Ft: 381.47
  • Lp Sp Ratio: 0.9400
  • View Type: Lake, Mountain(s)
  • Year Built: 2006
  • Listing I D: 219099303
  • Listing Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Member Fax: (760) 844-7550
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 1139 SAGA STREET, GLENDORA, CA 91741
  • Land Type: Fee
  • Subdivision: Terra Lago
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Fireplace Features: Gas
  • Flooring: Vinyl
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 2726.00

Exterior Features

  • Built-in BBQ: Gas
  • Fencing: Block
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

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

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Banquet Facilities, Basketball Court, Playground, Greenbelt/Park, Fitness Center, Clubhouse, Billiard Room
  • HOA Information: Yes
  • HOA Fee 1: 300.00
  • Total Monthly Association Fees: 300.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 696070055
  • Irrigation: Drip System
  • Lot Location: Lake Front, Water Access, Park Nearby
  • Lot Size: 3920.00

Rental Info

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

Tax Info

  • Mello Roos: Yes

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Dec 29, 2023
Sold by
Dakwar Tony
Bought by
Dakwar Tony and Dakwar Lavi
Seller's Agent
David Colin
HomeSmart
Buyer's Agent
LOUIS AMORI
OAK HILLS REALTY & MORTGAGE
List Price
$1,049,000
Sold Price
$979,900
Premium/Discount to List
-$69,100
-6.59%
Views
57
Current Estimated Value
$1,206,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,792
Avg. Annual Appreciation
9.93%
Original Mortgage
$685,000
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2023
Closed on
Nov 2, 2023
Sold by
Dakwar Lavi
Bought by
Dakwar Tony
Seller's Agent
David Colin
HomeSmart
Buyer's Agent
LOUIS AMORI
OAK HILLS REALTY & MORTGAGE
List Price
$1,049,000
Sold Price
$979,900
Premium/Discount to List
-$69,100
-6.59%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2020
Closed on
Nov 10, 2020
Sold by
Humberto Cortez and Humberto Gloria A
Bought by
Brik Nicole
Seller's Agent
Alicia Gonzalez
HomeSmart
Buyer's Agent
David Colin
Coldwell Banker Residential Brokerage
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.77%
Original Mortgage
$440,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2019
Sold by
Cortez Humberto and Cortez Gloria A
Bought by
Cortez Humberto and Cortez Humberto

Purchase Details

Listed on
Apr 9, 2013
Closed on
Jun 11, 2013
Sold by
Calaveras River Sun Llc
Bought by
Cortez Humberto and Cortez Gloria A
Seller's Agent
Richard Hughes
ESCALA PROPERTIES
List Price
$284,900
Sold Price
$232,000
Premium/Discount to List
-$52,900
-18.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Dakwar Tony -- None Listed On Document
Dakwar Tony -- First American Title
Dakwar Tony $980,000 First American Title
Brik Nicole $650,000 Lawyers Title
Cortez Humberto -- None Available
Cortez Humberto $268,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dakwar Tony $685,000
Previous Owner Brik Nicole $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2023 12/07/23 Sold $979,900 -5.8% $359 / Sq Ft
09/14/2023 09/14/23 Price Changed $1,039,900 -0.9% $381 / Sq Ft
09/01/2023 09/01/23 For Sale $1,049,000 +61.4% $385 / Sq Ft
12/16/2020 12/16/20 Sold $650,000 -3.7% $238 / Sq Ft View Prior Sale
11/06/2020 11/06/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $675,000 +190.9% $248 / Sq Ft
06/14/2013 06/14/13 Sold $232,000 0.0% $85 / Sq Ft View Prior Sale
06/04/2013 06/04/13 Pending -- -- --
05/03/2013 05/03/13 Off Market $232,000 -- --
04/09/2013 04/09/13 For Sale $284,900 0.0% $105 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
03/02/2013 03/02/13 For Sale $284,900 -- $105 / Sq Ft
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 $16,311 $999,497 $299,851 $699,646
2023 $16,311 $703,800 $62,424 $641,376
2022 $12,245 $663,000 $61,200 $601,800
2021 $12,126 $650,000 $60,000 $590,000
2020 $7,825 $306,128 $90,525 $215,603
2019 $7,788 $300,126 $88,750 $211,376
2018 $7,720 $294,242 $87,011 $207,231
2017 $7,636 $288,473 $85,305 $203,168
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219099303

California Desert Association of REALTORS®

APN: 696-070-055

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