NOT LISTED FOR SALE

43261 Bacino Ct Indio, CA 92203

Estimated Value: $573,000 - $714,000

3 Beds
2.5 Baths
2,131 Sq Ft
$299/Sq Ft Est. Value

Last Sold July 23, 2015

Last sale price $254,000 $119 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $4,163/month

110 Days on Market

Highlights

  • Lake Front
  • Water Access
  • In Ground Pool
  • Golf Course Community
  • Fitness Center
  • Panoramic View

About This Home

As of July 2015

Highly upgraded lake view HUD townhouse offers upgraded flooring , counter tops, bathrooms and gorgeous crystal fireplace. The sunken wet bar also looks out to the lake. A lovely fountain adds to the serenity of life on the water. Located in the Terra Lago Master plan community with fully loaded gym and beautiful clubhouse and pool area. Boat docking available for those sunset cruises on the lovely lake. Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. State law requires Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity. HOA Association fee of $265.00 Monthly : Terra Lago HOA. Install electrical cover plates where missing. Buyer to verify all info. Repairs: Install dishwasher, Install carbon monoxide detector.

Last Agent to Sell the Property

Maria Richards

Weichert Realtors-Preferred License #01465668 Listed on: 02/19/2015

Weichert Realtors-Preferred

Last Buyer's Agent

Maria Richards

Dilbeck Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 3,920 Sq Ft Lot
  • Lake Front

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Panoramic
  • Mountain

Interior Spaces

  • 2,131 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Fireplace With Glass Doors
  • Great Room with Fireplace
  • Tile Flooring
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jack-and-Jill Bathroom

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Water Access
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 601670042
  • Special Tax Authority

Community Details

Overview

  • Four Seasons At Terra Lago Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Two
  • Builders Tract Code: Terra Lago
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 124.94
  • Lp Sp Ratio: 0.9540
  • View Type: Lake, Panoramic, Mountain(s)
  • Year Built: 2006
  • Listing I D: 215006420
  • Listing Member Address: 43100 Cook St., #104, Palm Desert, CA 92211
  • Listing Office Address: 43100 Cook St., #104, Palm Desert, CA 92211
  • Listing Office Fax: (760) 469-4606
  • Selling Member Address: 43100 Cook St., #104, Palm Desert, CA 92211
  • Selling Office Address: 43100 Cook St., #104, Palm Desert, CA 92211
  • Selling Office Fax: (760) 469-4606
  • Land Type: Fee
  • Subdivision: Four Seasons at Terra Lago
  • Special Features: None

Interior Features

  • Appliances: Gas Cooktop
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Wet Bar
  • Fireplace Features: Glass Doors
  • Flooring: Tile
  • Total Bedrooms: 3
  • Bathroom Features: Dual Entry-Jack & Jill
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 2131.00

Exterior Features

  • Pool: Yes
  • Pool Accessories: Unknown
  • Pool Construction: In Ground
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling Type: Central Air
  • Sewer: In, Connected and Paid

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Lake or Pond, Golf Course, Fitness Center
  • HOA Information: Yes
  • HOA Fee 1: 265.00
  • Total Monthly Association Fees: 265.00

Lot Info

  • Assessor Parcel Number: 601670042
  • Lot Acres: 0.0900
  • Lot Description: Street Lighting
  • Lot Location: Lake Front, Water Access
  • Lot Size: 3920.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2015
Closed on
Jul 22, 2015
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Allen Tracie Lynn
Seller's Agent
Maria Richards
Weichert Realtors-Preferred
Buyer's Agent
Maria Richards
Dilbeck Realtors
List Price
$266,238
Sold Price
$254,000
Premium/Discount to List
-$12,238
-4.6%
Current Estimated Value
$636,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,350
Avg. Annual Appreciation
9.13%
Original Mortgage
$190,500
Outstanding Balance
$149,315
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$487,035

Purchase Details

Listed on
Feb 19, 2015
Closed on
Jul 20, 2015
Sold by
Allen Jeffrey R
Bought by
Allen Tracie Lynn
Seller's Agent
Maria Richards
Weichert Realtors-Preferred
Buyer's Agent
Maria Richards
Dilbeck Realtors
List Price
$266,238
Sold Price
$254,000
Premium/Discount to List
-$12,238
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,500
Outstanding Balance
$149,315
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$487,035

Purchase Details

Closed on
Oct 9, 2014
Sold by
Bank Of America Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Mar 6, 2014
Sold by
Lofthouse Marshall Anne Marie and Lofthouse Anne Marie
Bought by
Bank Of America Na

Purchase Details

Closed on
Feb 25, 2014
Sold by
Terra Lago Community Association
Bought by
Lofthouse Marshall Anne Marie

Purchase Details

Closed on
Feb 12, 2013
Sold by
Lofthouse Anne Amrie
Bought by
Terra Lago Community Association

Purchase Details

Closed on
Nov 7, 2012
Sold by
Lofthouse Anne Marie
Bought by
Terra Lago Community Association

Purchase Details

Closed on
Nov 11, 2008
Sold by
Whp Terra Lago 133 Lp
Bought by
Lofthouse Anne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,086
Interest Rate
6.07%
Mortgage Type
FHA
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
Allen Tracie Lynn $254,000 Lawyers Title
Allen Tracie Lynn -- Lawyers Title
Secretary Of Housing & Urban Development -- Servicelink
Bank Of America Na $317,080 None Available
Lofthouse Marshall Anne Marie -- None Available
Terra Lago Community Association $6,542 None Available
Terra Lago Community Association $6,542 None Available
Lofthouse Anne Marie $326,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Tracie Lynn $190,500
Previous Owner Lofthouse Anne Marie $322,086
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2015 07/23/15 Sold $254,000 0.0% $119 / Sq Ft
06/16/2015 06/16/15 Off Market $254,000 -- --
06/09/2015 06/09/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $266,238 -9.7% $125 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
02/19/2015 02/19/15 For Sale $295,000 -- $138 / 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 $7,230 $300,678 $89,966 $210,712
2023 $7,230 $289,004 $86,473 $202,531
2022 $7,021 $283,338 $84,778 $198,560
2021 $7,111 $277,783 $83,116 $194,667
2020 $6,982 $274,935 $82,264 $192,671
2019 $6,949 $269,545 $80,651 $188,894
2018 $6,884 $264,261 $79,070 $185,191
2017 $6,817 $259,080 $77,520 $181,560
Source: Public Records

Agents Affiliated with this Home

  • Maria Richards

    Seller's Agent in 2015

    Maria Richards

    Weichert Realtors-Preferred

    (760) 902-1761

    7 in this area

    96 Total Sales

    Maria Richards
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Map

Source: California Desert Association of REALTORS®

MLS Number: 215006420

California Desert Association of REALTORS®

APN: 696-070-042

California Riverside County Indio 92203

43261 Bacino Ct, Indio, CA

Not Listed for Sale

Detached

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