NOT LISTED FOR SALE

45906 Michell Ln Indio, CA 92201

Estimated Value: $315,000 - $549,000

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

Last Sold July 28, 2016

Last sale price $245,000 $141 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,827/month

5 Days on Market

Highlights

  • Mountain View
  • 2 Fireplaces
  • Tile Flooring
  • Spanish Architecture
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of July 2016

Rare, super clean listing in Park Madison! This two story, three bedroom, three bath home offers 1,740 square feet of living space and a large grass back yard area. Enter into a formal living area with fire place that passes through to the kitchen, dining, and family room that is great for entertaining because of the open floor plan. There is a powder room, laundry, and interior access to the two car garage from down stairs. Up stairs are the three bedrooms and two more baths. The Master suite is a large bedroom with a walk in closet, dual vanity, and shower over soaking tub. The guest rooms are large and share a single vanity shower over tub bathroom. From the open living area, go through french doors to the covered patio and grass back yard. Enjoy the mountain view and the shade or the grass space to have barbecues or outdoor get togethers. Don't let this rare, excellent opportunity pass you by. Call today!

Last Agent to Sell the Property

Ross Stout

eXp Realty Of Southern California Inc License #01882341 Listed on: 06/20/2016

eXp Realty Of Southern California Inc

Last Buyer's Agent

Rosa Rodriguez

HomeSmart Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 6,098 Sq Ft Lot
  • Brick Fence
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,740 Sq Ft Home
  • 2 Fireplaces
  • Gas Fireplace
  • Dining Area
  • Tile Flooring
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Park Madison Subdivision

Listing and Financial Details

  • Assessor Parcel Number 608250014

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
  • Building Style: Spanish
  • List Price per Sq Ft: 146.55
  • Lp Sp Ratio: 0.9608
  • View Type: Mountain(s)
  • Year Built: 1990
  • Listing I D: 16136840
  • Listing Office Address: 74124 Highway 111, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: Park Madison
  • Special Features: None
  • Stories: 2

Interior Features

  • Fireplace Features: Gas
  • Flooring: Tile
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Laundry: Individual Room
  • Estimated Sq Ft: 1740.00

Exterior Features

  • Fencing: Brick
  • View: Yes

Garage/Parking

  • Total Garage Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 608250014
  • Irrigation: Sprinkler System
  • Lot Acres: 0.1399
  • Lot Size: 6098.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2016
Closed on
Jun 29, 2016
Sold by
Sanchez Larry Andrew and Sanchez Ashley Kathryn
Bought by
Hernandez James A
Seller's Agent
Ross Stout
eXp Realty Of Southern California Inc
Buyer's Agent
Rosa Rodriguez
HomeSmart Professionals
List Price
$255,000
Sold Price
$245,000
Premium/Discount to List
-$10,000
-3.92%
Current Estimated Value
$467,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,733
Avg. Annual Appreciation
7.06%
Original Mortgage
$240,562
Outstanding Balance
$191,544
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$276,189

Purchase Details

Closed on
Sep 10, 2015
Sold by
Sanchez Larry Andrew
Bought by
Sanchez Larry Andrew and Sanchez Ashley Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2011
Sold by
Valenzuela Serafin and Morales Juana M
Bought by
Sanchez Larry Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,211
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2003
Sold by
Knight Robert D and Knight Joanne M
Bought by
Valenzuela Serafin and Morales Juana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2001
Sold by
Knight Robert D and Knight Joanne M
Bought by
Knight Robert D and Knight Joanne M

Purchase Details

Closed on
Apr 25, 1995
Sold by
Canez Paul David and Canez Karyn Alane
Bought by
Knight Robert D and Knight Joanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,667
Interest Rate
8.36%
Mortgage Type
FHA
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
Hernandez James A $245,000 Orange Coast Title Company
Sanchez Larry Andrew -- Act
Sanchez Larry Andrew $110,000 Orange Coast Title Co
Valenzuela Serafin $199,000 First American Title Co
Knight Robert D -- --
Knight Robert D $117,500 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez James A $240,562
Previous Owner Sanchez Larry Andrew $125,000
Previous Owner Sanchez Larry Andrew $107,211
Previous Owner Valenzuela Serafin $159,200
Previous Owner Knight Robert D $116,667
Closed Valenzuela Serafin $9,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2016 07/28/16 Sold $245,000 -3.9% $141 / Sq Ft
06/25/2016 06/25/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $255,000 -- $147 / 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 $4,854 $284,337 $71,082 $213,255
2023 $4,854 $273,298 $68,323 $204,975
2022 $4,486 $267,940 $66,984 $200,956
2021 $4,247 $262,687 $65,671 $197,016
2020 $4,026 $259,994 $64,998 $194,996
2019 $3,929 $254,897 $63,724 $191,173
2018 $3,838 $249,900 $62,475 $187,425
2017 $3,766 $245,000 $61,250 $183,750
2016 $2,153 $119,043 $29,759 $89,284
2015 $2,265 $117,257 $29,313 $87,944
2014 $2,229 $114,962 $28,740 $86,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 16136840

California Desert Association of REALTORS®

APN: 608-250-014