NOT LISTED FOR SALE

49309 Sherman Dr Indio, CA 92201

Estimated Value: $628,731 - $737,000

3 Beds
2.5 Baths
2,212 Sq Ft
$303/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $347,000 $157 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $4,281/month

397 Days on Market

Highlights

  • Golf Course Community
  • Heated Spa
  • Gated Community
  • Fitness Center
  • Primary Bedroom Suite
  • Lake View

About This Home

As of June 2016

Another PRICE REDUCTION! Upgraded and beautiful home in Indian Palms Country Club on west-facing lot! Shows like a model and is located on a green belt with mountain & lake views. 3 bedrooms, 2.5 baths and offered turnkey furnished! Great room living at its finest (don't miss the 80 inch TV and surround sound) with lovely upgraded kitchen (slab granite and pantry). Breakfast dining in kitchen plus formal dining room. Outdoor living area with mesmerizing fountain, pool/spa, fire pit and arbor. Beautiful mountains in the back ground. Two car garage with epoxy floors. Third attached garage stall is for smaller car or golf cart. Relax and enjoy the views. Welcome Home!

Last Agent to Sell the Property

Carl Roetemeyer

Bennion Deville Homes License #01476460 Listed on: 03/23/2015

Last Buyer's Agent

The Briggs Group

Berkshire Hathaway HomeServices California Properties License #01896117

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 6,970 Sq Ft Lot
  • Waterfront
  • East Facing Home
  • Masonry wall
  • Block Wall Fence
  • Premium Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinklers on Timer
  • Front Yard

HOA Fees

Property Views

  • Lake
  • Mountain
  • Park or Greenbelt
  • Pool

Home Design

  • Southwestern Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,212 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • Built-In Features
  • Ceiling Fan
  • Decorative Fireplace
  • Gas Log Fireplace
  • Custom Window Coverings
  • Blinds
  • Entrance Foyer
  • Great Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Security System Owned

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Tile Bathroom Countertop
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Parking

  • 3 Car Direct Access Garage
  • Driveway
  • Golf Cart Garage

Pool

  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool
  • Saltwater Pool
  • Gunite Spa
  • Waterfall Pool Feature
  • Pool Sweep

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 614470020

Community Details

Overview

  • Association fees include clubhouse, trash, security
  • Indian Palms Subdivision
  • On-Site Maintenance
  • Community Lake
  • Greenbelt

Amenities

  • Clubhouse
  • Banquet Facilities

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$219 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
  • Builders Tract Code: Indian Palms
  • Building Number Of Stories: 1
  • Building Style: Southwestern
  • Entry Floor: 1
  • Entry Location: Foyer
  • Included In Sale: Turnkey furnished
  • List Price per Sq Ft: 158.23
  • Lp Sp Ratio: 0.9914
  • View Type: Lake, Water, Pool, Park/Green Belt, Mountain(s)
  • Year Built: 2003
  • Co Selling Office Address: 73700 El Paseo, Palm Desert, CA 92260
  • Co Selling Office Fax: (760) 404-0154
  • Listing I D: 215009796
  • Listing Office Address: 47-250 Washington St, Ste B, La Quinta Office, La Quinta, CA 92253
  • Listing Office Fax: (760) 564-9686
  • Selling Office Address: 73700 El Paseo, Palm Desert, CA 92260
  • Selling Office Fax: (760) 404-0154
  • Land Type: Fee
  • Subdivision: Indian Palms
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Gas Oven, Gas Range, Exhaust Fan, Water Line to Refrigerator, Washer, Refrigerator, Disposal, Dishwasher, Gas/Elec Dryer Hookup
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Built-In Features, Surround Sound Wired
  • Fireplace Features: Decorative, Gas Log
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Tile Shower, Tile Counters, Shower & Tub, Powder Room
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Room, Formal Dining Room
  • Kitchen Features: Granite Slab Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 2212.00
  • Windows Treatments: Custom Window Covering, Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: End Unit, Premium Lot
  • Roofing: Tile
  • Fencing: Block, Masonry
  • Foundation: Slab
  • Patio: Covered, Concrete Slab
  • Pool: Yes
  • Pool Accessories: Waterfall, Pool Sweep
  • Pool Construction: Gunite
  • Pool Description: Heated, Salt Water
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Golf Cart Garage, Direct Entrance, Driveway
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Laundry
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Security System Owned
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Clubhouse, Trash, Security
  • Association Amenities: Banquet Facilities, Tennis Courts, Pet Rules, Maintenance Grounds, Lake or Pond, Greenbelt/Park, Fitness Center, Clubhouse
  • HOA Information: Yes
  • HOA Fee 1: 189.14
  • HOA Fee 2: 30.00
  • Total Monthly Association Fees: 219.14

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 614470020
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.1600
  • Lot Description: Front Yard, Utilities Underground, Street Paved, Rectangular Lot, Level
  • Lot Location: Greenbelt, Waterfront
  • Lot Size: 6970.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2015
Closed on
Apr 28, 2016
Sold by
Bradley Clay and Bradley Pauline
Bought by
Stuber Robert and Stuber Eileen
Seller's Agent
Carl Roetemeyer
Bennion Deville Homes
Buyer's Agent
The Briggs Group
Berkshire Hathaway HomeServices California Properties
List Price
$399,995
Sold Price
$347,000
Premium/Discount to List
-$52,995
-13.25%
Current Estimated Value
$669,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,683
Avg. Annual Appreciation
7.13%
Original Mortgage
$277,600
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2012
Sold by
Sorensen Doug and Sorensen Yvonne
Bought by
Bradley Clay and Bradley Pauline

Purchase Details

Closed on
Oct 9, 2003
Sold by
Paragon Indian Palms Associates Lp
Bought by
Sorensen Doug and Sorensen Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,520
Interest Rate
5.12%
Mortgage Type
Negative Amortization
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
Stuber Robert $347,000 Fidelity National Title
Bradley Clay $390,000 Equity Title
Sorensen Doug $287,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stuber Robert $277,600
Previous Owner Sorensen Doug $229,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2016 06/17/16 Sold $347,000 -0.9% $157 / Sq Ft
04/23/2016 04/23/16 Pending -- -- --
04/06/2016 04/06/16 Price Changed $350,000 -2.8% $158 / Sq Ft
01/07/2016 01/07/16 Price Changed $360,000 -5.3% $163 / Sq Ft
11/23/2015 11/23/15 Price Changed $380,000 -5.0% $172 / Sq Ft
08/23/2015 08/23/15 For Sale $399,995 +15.3% $181 / Sq Ft
06/16/2015 06/16/15 Off Market $347,000 -- --
06/11/2015 06/11/15 Price Changed $399,995 0.0% $181 / Sq Ft
06/11/2015 06/11/15 For Sale $399,995 +15.3% $181 / Sq Ft
03/24/2015 03/24/15 Off Market $347,000 -- --
03/23/2015 03/23/15 For Sale $450,000 -- $203 / 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 $6,768 $410,770 $143,767 $267,003
2023 $6,768 $394,822 $138,186 $256,636
2022 $6,332 $387,081 $135,477 $251,604
2021 $6,219 $379,492 $132,821 $246,671
2020 $5,891 $375,602 $131,460 $244,142
2019 $5,751 $368,238 $128,883 $239,355
2018 $5,643 $361,018 $126,356 $234,662
2017 $5,603 $353,940 $123,879 $230,061
2016 $6,210 $405,688 $104,022 $301,666
2015 $6,268 $399,596 $102,460 $297,136
2014 $6,169 $391,770 $100,454 $291,316
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 215009796

California Desert Association of REALTORS®

APN: 614-470-020