NOT LISTED FOR SALE

49118 Constitution Dr Indio, CA 92201

Estimated Value: $976,000 - $1,595,206

4 Beds
6 Baths
4,075 Sq Ft
$312/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $785,000 $193 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $7,700/month

29 Days on Market

Highlights

  • Attached Guest House
  • Primary Bedroom Suite
  • Gated Community
  • Heated In Ground Pool
  • Panoramic View
  • 0.5 Acre Lot

About This Home

As of November 2019

This spacious home features 4 bedrooms (including casita), 5.5 bathrooms and is located in Madison Estates, an enclave of affordable luxury homes, where all homes are on half acre lots. In addition, there is also an enormous bonus room with a private covered balcony and private bath. Enter this meticulously maintained home into the bright open living and dining area with soaring ceiling and views of the pool and spa. The gourmet kitchen features upscale stainless-steel appliances, granite slab counter tops and a large island bar. The master bedroom suite features dual vanities, soaking tub, shower and walk-in closet. The mature backyard, with amazing mountain views, is perfect for outdoor entertaining and the ultimate desert lifestyle and includes a fire pit for cool winter evenings, a Pebble Tec pool and spa. Madison estates is close to the Empire Polo Fields, with its world-renowned events and close to hiking and biking trails plus shopping and dining in charming Old Town La Quinta.

Last Agent to Sell the Property

Steve Yeoman

Coldwell Banker Realty License #01379966 Listed on: 09/01/2019

Coldwell Banker Realty

Co-Listed By

Brenda Fitch

Coldwell Banker Realty License #01321044

Last Buyer's Agent

Bryan Wynwood

Joshua Tree Modern License #01448338

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 0.5 Acre Lot
  • Northwest Facing Home
  • Block Wall Fence
  • Drip System Landscaping
  • Premium Lot
  • Sprinklers on Timer
  • Back and Front Yard

HOA Fees

  • $166 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage

Property Views

  • Panoramic
  • Mountain
  • Pool

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco Exterior

Interior Spaces

  • 4,075 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Blinds
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Bonus Room
  • Security System Owned

Kitchen

  • Walk-In Pantry
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Linen Closet
  • Walk-In Closet
  • Powder Room
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

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

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Grill

Additional Homes

  • Attached Guest House

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 616481012

Community Details

Overview

  • Madison Estates Subdivision
  • On-Site Maintenance
  • Planned Unit Development

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0.5 Acres

HOA Fees

$166 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 North
  • Levels: Two
  • Builders Tract Code: Madison Estates
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 196.07
  • Lp Sp Ratio: 0.9800
  • View Type: Mountain(s), Pool, Panoramic
  • Year Built: 2013
  • Co Listing Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Co Listing Member Fax: (760) 836-0968
  • Co Listing Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Co Listing Office Fax: (760) 360-1342
  • Listing I D: 219023343
  • Listing Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Fax: (760) 360-1342
  • Selling Office Address: 61762 Twentynine Palms Highway, Joshua Tree, CA 92252
  • Land Type: Fee
  • Subdivision: Madison Estates
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas/Elec Dryer Hookup, Gas Cooktop, Microwave Oven, Exhaust Fan, Water Line to Refrigerator, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: High Ceilings (9 Ft+), Open Floorplan
  • Fireplace Features: Gas Log, Glass Doors
  • Flooring: Carpet, Travertine
  • Bedroom Features: All Bedrooms Down, Walk In Closet, Master Suite, Master Retreat
  • Total Bedrooms: 4
  • Bathroom Features: Linen Closet, Shower Stall, Shower & Tub, Powder Room
  • One Quarter Bathrooms: 1.00
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Granite Counters, Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 4075.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, Premium Lot, Barbeque Private
  • Other Structures: Guest House Attached
  • Roofing: Concrete, Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Covered, Concrete Slab
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Heated - Gas
  • View: Yes

Garage/Parking

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

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Dual, Central Air
  • Heating: Fireplace(s), Forced Air
  • Heating Fuel: Natural Gas
  • Security: Security System Owned
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Controlled Access, Maintenance Grounds
  • HOA Information: Yes
  • HOA Fee 1: 166.00
  • Total Monthly Association Fees: 166.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 616481012
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Acres: 0.5000
  • Lot Description: Back Yard, Landscaped, Front Yard, Fenced
  • Lot Size: 21780.00

Rental Info

  • Will Consider Lease: Yes
  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2019
Closed on
Oct 3, 2019
Sold by
Zimmerman Scott A and Scott A Zimmerman Living Trust
Bought by
Eppey Richard John and Rawson Robin
Seller's Agent
Steve Yeoman
Coldwell Banker Realty
Buyer's Agent
Bryan Wynwood
Joshua Tree Modern
List Price
$799,000
Sold Price
$785,000
Premium/Discount to List
-$14,000
-1.75%
Current Estimated Value
$1,270,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,302
Avg. Annual Appreciation
7.99%
Original Mortgage
$745,750
Outstanding Balance
$655,306
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$614,996

Purchase Details

Closed on
Nov 13, 2015
Sold by
Zimmerman Scott
Bought by
Scott A Zimmer Living Trust

Purchase Details

Closed on
Mar 7, 2013
Sold by
Up Madison 46 Llc
Bought by
Simmerman Scott and Zimmerman Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,925
Interest Rate
2.73%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 15, 2012
Sold by
Rb Madison Llc
Bought by
Up Madison 46 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2010
Sold by
Iota Eighteen Llc
Bought by
Rb Madison Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,903,997
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2008
Sold by
California Cove At Santa Rosa Llc
Bought by
Iota Eighteen 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
Eppey Richard John $785,000 Equity Title Orange County
Scott A Zimmer Living Trust -- None Available
Simmerman Scott $700,000 Stewart Title Of Ca Inc
Up Madison 46 Llc -- Stewart Title Of California
Rb Madison Llc -- Fidelity National Title Co
Iota Eighteen Llc $12,500,000 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eppey Richard John $745,750
Previous Owner Simmerman Scott $524,925
Previous Owner Up Madison 46 Llc $3,000,000
Previous Owner Rb Madison Llc $8,903,997
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2019 11/13/19 Sold $785,000 -1.8% $193 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
09/01/2019 09/01/19 For Sale $799,000 +14.2% $196 / Sq Ft
08/09/2013 08/09/13 Sold $699,900 -4.8% $175 / Sq Ft View Prior Sale
05/07/2013 05/07/13 Pending -- -- --
04/24/2013 04/24/13 Price Changed $734,900 +5.0% $184 / Sq Ft
04/17/2013 04/17/13 For Sale $699,900 -- $175 / Sq Ft
Source: California Desert Association of REALTORS®

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 $11,884 $858,508 $62,335 $796,173
2023 $11,884 $825,172 $59,915 $765,257
2022 $11,179 $808,993 $58,741 $750,252
2021 $10,965 $793,132 $57,590 $735,542
2020 $10,820 $785,000 $57,000 $728,000
2019 $10,623 $769,128 $192,308 $576,820
2018 $10,401 $754,046 $188,537 $565,509
2017 $10,399 $739,262 $184,841 $554,421
2016 $9,992 $724,767 $181,217 $543,550
2015 $9,602 $713,883 $178,496 $535,387
2014 $9,551 $699,900 $175,000 $524,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219023343

California Desert Association of REALTORS®

APN: 616-481-012

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