NOT LISTED FOR SALE

45884 Michell Ln Indio, CA 92201

Estimated Value: $338,000 - $538,000

3 Beds
2.5 Baths
1,740 Sq Ft
$269/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $148,500 $85 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $2,808/month

28 Days on Market

Highlights

  • Primary Bedroom Suite
  • Breakfast Bar
  • Forced Air Heating and Cooling System
  • Cathedral Ceiling
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of January 2013

Another Move in Ready HomePath Property! Location Location Location! This beautiful 2 story home is located in one of most desirable Central Indio Neighborhoods; Parc Madison! Walking distance to schools. Home shows great; freshly painted and new carpet. Features include kitchen with breakfast bar which opens to spacious family room, living room with cozy fire place, and master suite with walk in closet. Spacious rear yard offers covered patio. IID = low utility bills. Walking distance to schools. This is a must see home won't last! This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage Finance and HomePath Renovation Mortgage Financing. Call today to schedule viewing! This one won't last!!!

Last Agent to Sell the Property

Denise Francis

Coldwell Banker Realty License #01310492 Listed on: 12/28/2012

Coldwell Banker Realty

Last Buyer's Agent

Unknown Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 6,098 Sq Ft Lot
  • Sprinklers on Timer

Home Design

  • Tile Roof

Interior Spaces

  • 1,740 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Breakfast Bar

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district

Community Details

  • Park Madison Subdivision

Listing and Financial Details

  • Assessor Parcel Number 608250013

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Two
  • Builders Tract Code: Park Madison
  • List Price per Sq Ft: 101.15
  • Lp Sp Ratio: 0.8438
  • Year Built: 1990
  • Listing I D: 21467893
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Member Fax: (760) 459-1023
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Land Type: Fee
  • Subdivision: Park Madison
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Cathedral Ceiling(s)
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Master Suite
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Estimated Sq Ft: 1740.00

Exterior Features

  • Roofing: Tile

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air
  • Water: Water District

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 608250013
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.1400
  • Lot Size: 6098.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2013
Sold by
Young Robert Edwin
Bought by
Young Robert Edwin and Young Andrea Coronado
Current Estimated Value
$467,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,537
Outstanding Balance
$103,307
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$364,555

Purchase Details

Closed on
Apr 2, 2013
Sold by
Young Andrea Coronado
Bought by
Young Robert Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,537
Outstanding Balance
$103,307
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$364,555

Purchase Details

Listed on
Dec 28, 2012
Closed on
Mar 14, 2013
Sold by
Rancho Housing Alliance Inc
Bought by
Young Robert Edwin
Seller's Agent
Denise Francis
Coldwell Banker Realty
Buyer's Agent
Unknown Member
List Price
$176,000
Sold Price
$148,500
Premium/Discount to List
-$27,500
-15.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$147,537
Outstanding Balance
$103,307
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$364,555

Purchase Details

Listed on
Dec 28, 2012
Closed on
Jan 11, 2013
Sold by
Federal National Mortgage Association
Bought by
Rancho Housing Alliance Inc
Seller's Agent
Denise Francis
Coldwell Banker Realty
Buyer's Agent
Unknown Member
List Price
$176,000
Sold Price
$148,500
Premium/Discount to List
-$27,500
-15.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
3.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2012
Sold by
Jansen Eva
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
3.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2003
Sold by
Fischer Eva
Bought by
Jansen Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
8.8%

Purchase Details

Closed on
Feb 14, 2002
Sold by
Fischer Jeff
Bought by
Fischer Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
7.13%

Purchase Details

Closed on
Feb 4, 2002
Sold by
Harper Joseph and Harper Penny
Bought by
Fischer Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
7.13%

Purchase Details

Closed on
May 11, 2001
Sold by
Valdez Oscar
Bought by
Harper Joseph and Harper Penny
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Young Robert Edwin -- None Available
Young Robert Edwin -- Lawyers Title Ie
Young Robert Edwin $170,000 Lawyers Title Ie
Rancho Housing Alliance Inc $148,500 Lawyers Title Company
Federal National Mortgage Association $181,023 None Available
Jansen Eva -- Ticor
Fischer Eva -- Chicago Title Co
Fischer Eva $165,000 Chicago Title Co
Harper Joseph $123,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Robert Edwin $147,537
Previous Owner Rancho Housing Alliance Inc $206,000
Previous Owner Jansen Eva $171,000
Previous Owner Fischer Eva $156,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2013 01/31/13 Sold $148,500 -15.6% $85 / Sq Ft
12/28/2012 12/28/12 For Sale $176,000 -- $101 / 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 $4,618 $223,400 $36,936 $186,464
2023 $4,618 $214,726 $35,502 $179,224
2022 $4,018 $210,516 $34,806 $175,710
2021 $3,710 $193,389 $34,124 $159,265
2020 $3,302 $191,407 $33,775 $157,632
2019 $3,212 $187,655 $33,113 $154,542
2018 $3,120 $183,976 $32,464 $151,512
2017 $3,065 $180,370 $31,828 $148,542
2016 $3,028 $176,834 $31,204 $145,630
2015 $3,059 $174,181 $30,737 $143,444
2014 $2,917 $170,771 $30,136 $140,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21467893

California Desert Association of REALTORS®

APN: 608-250-013