Seller's Agent in 2022
David Colin
HomeSmart
(760) 702-4908
83 in this area
134 Total Sales
Estimated Value: $863,000 - $948,440
4
Beds
3
Baths
2,803
Sq Ft
$317/Sq Ft
Est. Value
Highlights
- Boat Ramp
- In Ground Pool
- Community Lake
- Fitness Center
- Gated Community
- Clubhouse
About This Home
As of January 2022On your mark, get set & go!! Savvy investors and primary owners here's an absolute masterpiece of a vacation rental rightfully called the ''Music House'' for sale in the highly sought after community of Terra Lago with no rental restrictions which is a rarity in the Coachella Valley. This property is a successful vacation rental with an experienced property management team at the helm. This vacation rental is being offer turn-key furnished with higher-end furnishings and is ready to generate top income for the savvy investor. Similar properties in the community generate north of $175,000 yearly in vacation rental income and this listing will do the same or more. This lot is a beauty which has an expansive premium corner lot with over 8,000 sqft of land with no neighbors to the south side which is desired. This home has a three car garage, recently renovated backyard with newer linear firepit, custom concrete bench, newer custom built BBQ with sitting area, hanging Edison lights, newer landscaping with artificial turf, large covered patio and multiple seating areas for the perfect backyard to entertain. The interior has a desirable wide open floor plan and kitchen which faces the family room and has gorgeous views of the pool area. There's been recent new upgrades throughout the interior of the home newer flooring, newer paint and many more upgrades which must be seen!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,131
Year Built
- Built in 2005
Lot Details
- 8,276 Sq Ft Lot
- Block Wall Fence
- Drip System Landscaping
- Sprinkler System
HOA Fees
- $274 Monthly HOA Fees
Interior Spaces
- 2,803 Sq Ft Home
- 1-Story Property
- Furnished
- Gas Fireplace
- Family Room with Fireplace
Kitchen
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 3 Car Attached Garage
- Driveway
Pool
- In Ground Pool
- Outdoor Pool
- In Ground Spa
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Sewer Assessments
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 696200087
- Special Tax Authority
Community Details
Overview
- Association fees include building & grounds, security, cable TV
- Terra Lago Subdivision
- Community Lake
- Greenbelt
Amenities
- Community Barbecue Grill
- Clubhouse
- Banquet Facilities
- Billiard Room
Recreation
- Boat Ramp
- Community Playground
- Fitness Center
Security
- Resident Manager or Management On Site
- 24 Hour Access
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 29, 2024
Sold by
Yamada 1978 Trust and Yamada Shigeru
Bought by
Yamada Spiaggia Llc
Current Estimated Value
Purchase Details
Listed on
Dec 21, 2021
Closed on
Dec 30, 2021
Sold by
Galuz and Yana
Bought by
Yamada 1978 Trust
Seller's Agent
David Colin
HomeSmart
Buyer's Agent
Antonio Estrada
Keller Williams Luxury Homes
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.15%
Purchase Details
Closed on
Sep 2, 2021
Sold by
Mroz Stanley J
Bought by
Galuz Alexander and Galuz Yana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 11, 2021
Sold by
Nordmeyer Glenda E and Mroz Stanley J
Bought by
Mroz Stanley J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,500
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 13, 2010
Sold by
Nordmeyer Glenda E and Mroz Stanley J
Bought by
Nordmeyer Glenda E and Mroz Stanley J
Purchase Details
Closed on
May 10, 2006
Sold by
Lennar Homes Of California Inc
Bought by
Nordmeyer Glenda E and Mroz Stanley J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,300
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yamada Spiaggia Llc | -- | None Listed On Document | |
| Yamada 1978 Trust | -- | None Listed On Document | |
| Yamada 1978 Trust | $10,090,909 | Lawyers Title | |
| Galuz Alexander | $795,000 | Lawyers Title Company | |
| Mroz Stanley J | -- | Chicago Title Company | |
| Nordmeyer Glenda E | -- | None Available | |
| Nordmeyer Glenda E | $609,500 | North American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Galuz Alexander | $548,250 | |
| Previous Owner | Mroz Stanley J | $440,500 | |
| Previous Owner | Nordmeyer Glenda E | $487,300 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/27/2022 01/27/22 | Sold | $1,000,000 | -4.8% | $357 / Sq Ft |
| 12/21/2021 12/21/21 | For Sale | $1,050,000 | -- | $375 / Sq Ft |
Source: California Desert Association of REALTORS®
Tax History Compared to Growth
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 | $17,131 | $840,000 | $210,001 | $629,999 |
| 2023 | $17,131 | $1,020,000 | $91,800 | $928,200 |
| 2022 | $13,997 | $795,000 | $150,000 | $645,000 |
| 2021 | $9,337 | $453,503 | $112,776 | $340,727 |
| 2020 | $8,582 | $404,914 | $100,693 | $304,221 |
| 2019 | $8,474 | $393,120 | $97,760 | $295,360 |
| 2018 | $8,291 | $378,000 | $94,000 | $284,000 |
| 2017 | $7,813 | $339,000 | $85,000 | $254,000 |
Source: Public Records
Agents Affiliated with this Home
-
David Colin
-
Antonio Estrada
Buyer's Agent in 2022
Antonio Estrada
Keller Williams Luxury Homes
(760) 656-6069
12 in this area
127 Total Sales
Map
Source: California Desert Association of REALTORS®
MLS Number: 219071670
APN: 696-200-087
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