NOT LISTED FOR SALE

43760 Spiaggia Place Indio, CA 92203

Estimated Value: $934,000 - $1,081,703

4 Beds
3 Baths
3,142 Sq Ft
$326/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $1,050,000 $334 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,383/month

726 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Gated Community
  • Golf Course Community
  • Heated In Ground Pool
  • Mountain View

About This Home

As of August 2022

On your mark, set go!! Here's an absolute masterpiece of a property for sale in the highly sought after community of Terra Lago with no rental restrictions. This property is a successful vacation rental that is being offer turn-key furnished and is ready to generate top income for the savvy investor. Similar properties in the community generate north of $130,000 yearly in vacation rental income and this listing will do the same. This coveted corner lot beauty has an expansive premium lot with over 11,500 sqft of land that is rare in the community and also has the largest floor plan in the whole community. This home has a three car garage, gorgeous mountain views from the backyard pool, outdoor murals for the wow factor, outdoor kitchen and multiple seating areas. There's also a very peaceful water feature that can be enjoyed in the lovely mornings over coffee or evenings with a beverage in hand. The interior has a desirable wide open floor plan which faces the kitchen and all other common areas. All the restrooms have been masterly upgraded with high-end finishes. The interior also boasts a $10,000 audio system throughout the home and is tastefully furnished for todays short term rental needs. This property stands out amongst the competition and will be a great addition to your real estate portfolio and will generate residual income of for years to come. Add this home to your must-see list of properties.

Last Agent to Sell the Property

David Colin

HomeSmart License #01710306 Listed on: 08/16/2020

HomeSmart

Last Buyer's Agent

Yasmin Tobey

Ronald Christopher & Assoc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,598

Year Built

  • Built in 2005

Lot Details

  • 0.27 Acre Lot
  • Home has East and West Exposure
  • Premium Lot
  • Drip System Landscaping
  • Sprinkler System

HOA Fees

  • $254 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage

Interior Spaces

  • 3,142 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Fireplace
  • Great Room
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Assessor Parcel Number 696200088
  • Special Tax Authority

Community Details

Overview

  • Association fees include clubhouse, cable TV
  • Terra Lago Subdivision
  • Community Lake

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Community Mailbox

Recreation

  • Boat Ramp
  • Golf Course Community
  • Community Playground
  • Fitness Center

Security

  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,598

Year Built

Built in 2005

Lot Details

0

HOA Fees

$254 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West, Leisure Faces East
  • Levels: One
  • Building Number Of Stories: 1
  • Included In Sale: All furnishings
  • List Price per Sq Ft: 349.78
  • Lp Sp Ratio: 0.9600
  • View Type: Mountain(s)
  • Year Built: 2005
  • Listing I D: 219080350
  • 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: 78065 Main Street, Suite C 101, La Quinta, CA 92253
  • Land Type: Fee
  • Subdivision: Terra Lago
  • Special Features: None

Interior Features

  • Appliances: Dryer, Microwave Oven, Washer, Refrigerator, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Kitchen Features: Granite Slab Counters
  • Estimated Sq Ft: 3142.00

Exterior Features

  • Other Features: Premium Lot
  • Built-in BBQ: Gas
  • 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: Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Central
  • Security: 24 Hour Security, Gated Community
  • Sewer: Assessments

Association/Amenities

  • Community Features: Community Boat Ramp, Community Mailbox
  • Association #1 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Clubhouse, Cable TV
  • Association Amenities: Barbecue, Playground, Picnic Area, Lake or Pond, Fitness Center, Clubhouse
  • HOA Information: Yes
  • HOA Fee 1: 254.00
  • Total Monthly Association Fees: 254.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 696200088
  • Irrigation: Drip System, Sprinkler System
  • Lot Acres: 0.2699
  • Lot Size: 11761.00

Rental Info

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

Tax Info

  • Mello Roos: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2020
Closed on
Jul 28, 2022
Sold by
Lily Shakhnis
Bought by
Shakhnis Carl and Shakhnis Lily
Seller's Agent
David Colin
HomeSmart
Buyer's Agent
Yasmin Tobey
Ronald Christopher & Assoc.
List Price
$1,150,000
Sold Price
$1,050,000
Premium/Discount to List
-$100,000
-8.7%
Views
6
Current Estimated Value
$1,025,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,824
Avg. Annual Appreciation
-0.81%

Purchase Details

Listed on
Aug 16, 2020
Closed on
Aug 31, 2020
Sold by
Hopkins David
Bought by
84 Lago Llc Assignees Llc
Seller's Agent
David Colin
HomeSmart
Buyer's Agent
David Colin
Coldwell Banker Residential Brokerage
List Price
$639,900
Sold Price
$634,000
Premium/Discount to List
-$5,900
-0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.87%

Purchase Details

Closed on
Oct 21, 2008
Sold by
Hopkins Jeannine Denise
Bought by
Hopkins David

Purchase Details

Closed on
Oct 13, 2008
Sold by
Rollinson Craig
Bought by
Hopkins David

Purchase Details

Closed on
Jul 19, 2006
Sold by
Lennar Homes Of California Inc
Bought by
Rollinson Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2006
Sold by
Rollinson Patricia A
Bought by
Rollinson Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.57%
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
Shakhnis Carl $1,050,000 Orange Coast Title
84 Lago Llc Assignees Llc $634,000 Lawyers Title Company
Hopkins David -- North American Title Company
Hopkins David $349,000 North American Title Company
Rollinson Craig $520,000 North American Title Company
Rollinson Craig -- North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rollinson Craig $78,000
Previous Owner Rollinson Craig $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $1,050,000 -4.5% $334 / Sq Ft
07/05/2022 07/05/22 Price Changed $1,099,000 -4.4% $350 / Sq Ft
08/16/2020 08/16/20 For Sale $1,150,000 -- $366 / 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 $17,598 $2,091,204 $93,636 $1,997,568
2023 $17,598 $1,050,000 $90,000 $960,000
2022 $12,933 $646,680 $112,200 $534,480
2021 $12,310 $634,000 $110,000 $524,000
2020 $9,170 $410,933 $102,730 $308,203
2019 $9,108 $402,876 $100,716 $302,160
2018 $9,001 $394,978 $98,742 $296,236
2017 $8,694 $370,000 $92,000 $278,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219080350

California Desert Association of REALTORS®

APN: 696-200-088