NOT LISTED FOR SALE

48401 Rainbow Bridge Place Indio, CA 92201

Estimated Value: $761,000 - $822,000

4 Beds
3.5 Baths
2,693 Sq Ft
$296/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $340,000 $126 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $4,974/month

41 Days on Market

Highlights

  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub
  • Attached Garage
  • Gated Community
  • Formal Dining Room
  • Walk-In Closet

About This Home

As of October 2012

Hurry, hurry!!! This is the only Plan 2 available at the Bridge. This home is brand new!!! Buyer closed in July and does not like the summer!!! This plan 2 has an attached casita with seperate entrance, extensive use of 20 tile throughout except bedrooms, dark cherry cabinets, granite in kitchen and baths, full travertine backsplash, upgraded appliances including double oven. Home also has Home Automation with the Schlage Link System.

Last Agent to Sell the Property

Dana Tarnow

La Quinta Palms Real Estate Co License #01414467 Listed on: 08/28/2012

Last Buyer's Agent

Daniel Trevino

Tarbell REALTORS License #01252783

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2012

Lot Details

  • 8,276 Sq Ft Lot
  • East Facing Home
  • Block Wall Fence
  • Sprinklers on Timer

HOA Fees

  • $163 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Permanent Foundation
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 2,693 Sq Ft Home
  • 1-Story Property
  • Great Room with Fireplace
  • Formal Dining Room
  • Security System Owned

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 602540031

Community Details

Overview

  • Built by Lennar
  • Bridge At Jefferson Subdivision, Plan 2

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2012

Lot Details

0

HOA Fees

$163 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East
  • Levels: One
  • Builder Model Name: Plan 2
  • Builder Name: Lennar
  • Builders Tract Code: Bridge at Jefferson
  • List Price per Sq Ft: 129.22
  • Lp Sp Ratio: 0.9770
  • Year Built: 2012
  • Listing I D: 21460094
  • Listing Office Address: 79405 Hwy 111 Ste. 9-236, La Quinta, CA 92253
  • Listing Office Fax: (760) 564-0344
  • Selling Office Address: 74245 Hwy 111, Ste 100, Palm Desert, CA 92260
  • Selling Office Fax: (760) 568-3982
  • Land Type: Fee
  • Subdivision: Bridge at Jefferson
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas/Elec Dryer Hookup
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Shower & Tub, Tub With Jets
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Eating Areas: Formal Dining Room, Living/Dining Combo
  • Kitchen Features: Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 2693.00

Exterior Features

  • Roofing: Concrete, Tile
  • Fencing: Block
  • Foundation: Permanent

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Central Air
  • Heating: Forced Air
  • Security: Security System Owned
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 163.00
  • Total Monthly Association Fees: 163.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 602540031
  • Irrigation: Sprinkler Timer
  • Lot Acres: 0.1900
  • Lot Size: 8276.00

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
Oct 25, 2019
Sold by
Alfaro Jose
Bought by
Vargas Carmen and Carmen Vargas Living Trust
Current Estimated Value
$798,139

Purchase Details

Closed on
Sep 11, 2015
Sold by
Castro Erendida and Castro Valerie
Bought by
Vargas Carmen and Carmen Vargas Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 28, 2012
Closed on
Sep 21, 2012
Sold by
Kondovski Spasa
Bought by
Castro Erendida and Castro Valerie
Seller's Agent
Dana Tarnow
La Quinta Palms Real Estate Co
Buyer's Agent
Daniel Trevino
Tarbell REALTORS
List Price
$353,000
Sold Price
$340,000
Premium/Discount to List
-$13,000
-3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$333,841
Interest Rate
3.52%
Mortgage Type
FHA

Purchase Details

Listed on
May 23, 2012
Closed on
Jul 5, 2012
Sold by
Lennar Homes Of California Inc
Bought by
Kondovski Spasa
Seller's Agent
Gerry Riley
Gerry Riley, Broker
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$330,500
Sold Price
$334,440
Premium/Discount to List
$3,940
1.19%

Purchase Details

Closed on
Feb 21, 2012
Sold by
Sidney Holdings Llc
Bought by
Lennar Homes Of California

Purchase Details

Closed on
Jun 26, 2009
Sold by
Landsource Holding Company Llc
Bought by
Sidney Holdings Llc

Purchase Details

Closed on
Feb 15, 2007
Sold by
Mw Housing Partners Iii Lp
Bought by
Landsource Holding Co Llc
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
Vargas Carmen -- First American Title
Vargas Carmen $400,000 First American Title Company
Castro Erendida $340,000 Landwood Title
Kondovski Spasa $334,500 North American Title Company
Lennar Homes Of California -- North American Title Co Inc
Sidney Holdings Llc -- First American
Landsource Holding Co Llc -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vargas Carmen $320,000
Previous Owner Castro Erendida $333,841
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2012 10/19/12 Sold $340,000 -2.3% $126 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
09/13/2012 09/13/12 Price Changed $348,000 -1.4% $129 / Sq Ft
08/28/2012 08/28/12 For Sale $353,000 +5.5% $131 / Sq Ft
07/31/2012 07/31/12 Sold $334,440 +4.0% $124 / Sq Ft View Prior Sale
06/25/2012 06/25/12 Pending -- -- --
06/19/2012 06/19/12 Price Changed $321,500 +0.3% $119 / Sq Ft
06/15/2012 06/15/12 Price Changed $320,500 +0.3% $119 / Sq Ft
06/05/2012 06/05/12 Price Changed $319,500 -3.3% $119 / Sq Ft
05/23/2012 05/23/12 For Sale $330,500 -- $123 / 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 $8,148 $523,708 $142,051 $381,657
2023 $8,148 $503,374 $136,536 $366,838
2022 $7,708 $493,505 $133,859 $359,646
2021 $7,527 $483,830 $131,235 $352,595
2020 $7,261 $478,870 $129,890 $348,980
2019 $6,539 $424,482 $127,344 $297,138
2018 $6,401 $416,160 $124,848 $291,312
2017 $6,395 $408,000 $122,400 $285,600
2016 $6,172 $400,000 $120,000 $280,000
2015 $5,308 $348,365 $104,509 $243,856
2014 $5,276 $341,543 $102,463 $239,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21460094

California Desert Association of REALTORS®

APN: 602-540-031