NOT LISTED FOR SALE

43237 Bacino Ct Indio, CA 92203

Estimated Value: $824,000 - $914,000

3 Beds
2.5 Baths
2,274 Sq Ft
$386/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $750,000 $330 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,159/month

5 Days on Market

Highlights

  • Lake Front
  • Private Dock Site
  • Gated Community
  • Boat Ramp
  • Fitness Center
  • Community Lake

About This Home

As of July 2021

This dazzling limited 3 bd / 2.5 bath water-front property is located in the desirable community of Terra Lago. The living room with large west facing windows, sculpt the lake and mountain views. The Master Suite with its spa-like bathroom and massage room, is perfect for a tranquil retreat to loosen up and unravel. The bedrooms are of a decent size that can be transformed into a play area or craft room. The rear outdoor area is the focal point of the property which is perfect for small cocktail parties or family holiday gatherings with its amazing lakeside and mountain views. This is a great property to invest in as a vacation rentals.

Last Agent to Sell the Property

Alicia Gonzalez

HomeSmart License #01738579 Listed on: 04/23/2021

HomeSmart

Last Buyer's Agent

Alicia Gonzalez

HomeSmart License #01738579 Listed on: 04/23/2021

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,540

Year Built

  • Built in 2006

Lot Details

  • 3,485 Sq Ft Lot
  • Lake Front
  • West Facing Home
  • Block Wall Fence
  • Drip System Landscaping
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Back Yard

HOA Fees

  • $279 Monthly HOA Fees

Property Views

  • Lake
  • Mountain
  • Hills

Home Design

  • Tuscan Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,274 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Gas Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Fire and Smoke Detector
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Private Dock Site
  • Balcony
  • Brick Porch or Patio

Location

  • Ground Level

Schools

  • Richard R. Oliphant Elementary School

Utilities

  • Central Air
  • Underground Utilities
  • Property is located within a water district
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 696070045
  • Special Tax Authority

Community Details

Overview

  • Association fees include clubhouse
  • Terra Lago Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Banquet Facilities
  • Billiard Room

Recreation

  • Boat Ramp
  • Boat Dock
  • Community Playground
  • Fitness Center

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,540

Year Built

Built in 2006

Lot Details

0

HOA Fees

$279 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Leisure Faces West
  • Levels: Two, Ground
  • Building Number Of Stories: 1
  • Building Style: Tuscan
  • List Price per Sq Ft: 329.82
  • Lp Sp Ratio: 1.0000
  • View Type: Hills, Water, Mountain(s), Lake
  • Water District Name: Indio Water Authority
  • Year Built: 2006
  • Listing I D: 219060963
  • Listing Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • Selling Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Terra Lago
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas
  • Flooring: Carpet, Tile
  • Bedroom Features: All Bedrooms Up, Walk In Closet
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar
  • Laundry: Individual Room, Upper Level
  • Estimated Sq Ft: 2274.00

Exterior Features

  • Construction: Block
  • Other Features: Balcony, Dock Private
  • Roofing: Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Brick - Tile, Concrete Slab
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

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

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Electric
  • Heating: Fireplace(s)
  • Security: Community, Fire Alarm
  • Sewer: In Street Paid
  • Water: Water District

Association/Amenities

  • Community Features: Community Boat Ramp, Community Dock
  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Clubhouse
  • Association Amenities: Banquet Facilities, Playground, Management, Lake or Pond, Fitness Center, Clubhouse, Billiard Room
  • HOA Information: Yes
  • HOA Fee 1: 279.00
  • Total Monthly Association Fees: 279.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 696070045
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Description: Back Yard, Utilities Underground, Street Paved, Landscaped
  • Lot Location: Lake Front
  • Lot Size: 3485.00

Rental Info

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

Tax Info

  • Mello Roos: Yes

Multi Family

  • Total Fireplaces: 2

MLS Schools

  • Elementary School: Richard R. Oliphant
  • School District: Coachella Valley Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Aug 23, 2021
Sold by
Karapetyan Garen and Pitiyan Anna
Bought by
Ea Luxury Homes Llc
Seller's Agent
Alicia Gonzalez
HomeSmart
Buyer's Agent
Alicia Gonzalez
HomeSmart
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$878,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,891
Avg. Annual Appreciation
3.88%

Purchase Details

Closed on
May 5, 2021
Sold by
Richards Steven M and Richards Marquita
Bought by
Pitinyan Anna and Karapetyan Garen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2016
Closed on
Jul 13, 2016
Sold by
Ace Myron L
Bought by
Richards Steven M and Richards Marquita
Seller's Agent
Brandon Nguyen
Phong Nguyen, Broker
Buyer's Agent
Merl Abel
Inspire Real Estate
List Price
$325,000
Sold Price
$329,000
Premium/Discount to List
$4,000
1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Original Mortgage
$336,073
Interest Rate
3.42%
Mortgage Type
VA

Purchase Details

Listed on
Mar 2, 2013
Closed on
Apr 10, 2013
Sold by
Calaveras River Sun Llc
Bought by
Ace Myron L and The Myron L Ace Revocable Trust
Seller's Agent
Richard Hughes
ESCALA PROPERTIES
Buyer's Agent
Richard Hughes
ESCALA PROPERTIES
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$159,900
Interest Rate
3.51%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Ea Luxury Homes Llc -- None Available
Pitinyan Anna $750,000 Fidelity National Title Co
Richards Steven M $329,000 Ticor Title Company Of Ca
Ace Myron L $260,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pitinyan Anna $506,250
Previous Owner Richards Steven M $336,073
Previous Owner Ace Myron L $159,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2021 07/08/21 Sold $750,000 0.0% $330 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $750,000 +128.0% $330 / Sq Ft
08/26/2016 08/26/16 Sold $329,000 +1.2% $145 / Sq Ft
08/11/2016 08/11/16 For Sale $325,000 +25.0% $143 / Sq Ft
04/18/2013 04/18/13 Sold $259,900 0.0% $114 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
03/02/2013 03/02/13 For Sale $259,900 -- $114 / 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 $13,540 $795,906 $265,302 $530,604
2023 $13,540 $765,000 $255,000 $510,000
2022 $13,152 $750,000 $250,000 $500,000
2021 $8,305 $352,751 $123,302 $229,449
2020 $8,104 $349,135 $122,038 $227,097
2019 $8,059 $342,291 $119,646 $222,645
2018 $7,980 $335,580 $117,300 $218,280
2017 $7,896 $329,000 $115,000 $214,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219060963

California Desert Association of REALTORS®

APN: 696-070-045