NOT LISTED FOR SALE

49331 Sherman Dr Indio, CA 92201

Estimated Value: $657,728 - $788,000

4 Beds
3.5 Baths
2,264 Sq Ft
$318/Sq Ft Est. Value

Last Sold April 08, 2014

Last sale price $407,500 $180 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,625/month

51 Days on Market

Highlights

  • Fitness Center
  • Panoramic View
  • Clubhouse
  • Heated In Ground Pool
  • Gated Community
  • Great Room with Fireplace

About This Home

As of April 2014

Upgraded and beautiful home in Indian Palms Country Club! Shows like a model and is located on a green belt with mountain & lake views. Private Casita with pergola-covered patio. Four bedrooms (3 in home and 1 in casita) and 3 1/2 baths. Great room living at its finest with lovely upgraded kitchen with granite, stainless appliances and separate butler's pantry. Breakfast dining in kitchen plus formal dining room. Twenty-four inch tile throughout, 6 inch baseboards, and freshly painted. Outdoor living area boasts saltwater pool and spa and partially covered patio. Welcome Home!

Last Agent to Sell the Property

Carl Roetemeyer

Bennion Deville Homes License #01476460 Listed on: 01/27/2014

Last Buyer's Agent

Jeff Miller

HomeSmart License #0960509

HomeSmart

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 6,534 Sq Ft Lot
  • Sprinklers on Timer

HOA Fees

Parking

  • 3 Car Garage

Property Views

  • Pond
  • Panoramic
  • Park or Greenbelt
  • Pool

Interior Spaces

  • 2,264 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • French Doors
  • Sliding Doors
  • Great Room with Fireplace
  • Formal Dining Room
  • Tile Flooring

Kitchen

  • Butlers Pantry
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

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

Pool

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

Outdoor Features

  • Concrete Porch or Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 614470019

Community Details

Overview

  • Association fees include clubhouse
  • Indian Palms Subdivision

Recreation

  • Fitness Center

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: Indian Palms
  • Included In Sale: Most furnishings available outside of escrow.
  • List Price per Sq Ft: 185.07
  • Lp Sp Ratio: 0.9726
  • View Type: Park/Green Belt, Pond, Pool, Panoramic
  • Year Built: 2003
  • Listing I D: 214003745
  • Listing Office Address: 47-250 Washington St, Ste B, La Quinta Office, La Quinta, CA 92253
  • Listing Office Fax: (760) 564-9686
  • Selling Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Member Fax: (760) 844-7177
  • Selling Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Indian Palms
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Fireplace Features: Gas Log
  • Flooring: Tile
  • Total Bedrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Eating Areas: Dining Area, Kitchen Island, Formal Dining Room
  • Kitchen Features: Granite Counters, Pantry, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 2264.00

Exterior Features

  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Volt 220: In Laundry
  • Cooling Type: Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Pet Rules: Call
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Clubhouse
  • Association Amenities: Clubhouse, Fitness Center
  • HOA Information: Yes
  • HOA Fee 1: 205.00
  • HOA Fee 2: 28.00
  • Total Monthly Association Fees: 233.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 614470019
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.1500
  • Lot Size: 6534.00

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2014
Closed on
Mar 20, 2014
Sold by
Bouw Wesley George
Bought by
Bouw Tara Lee
Seller's Agent
Carl Roetemeyer
Bennion Deville Homes
Buyer's Agent
Jeff Miller
HomeSmart
List Price
$419,000
Sold Price
$407,500
Premium/Discount to List
-$11,500
-2.74%
Current Estimated Value
$719,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,182
Avg. Annual Appreciation
4.96%
Original Mortgage
$324,000
Outstanding Balance
$238,697
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$480,985

Purchase Details

Listed on
Jan 27, 2014
Closed on
Mar 4, 2014
Sold by
Brown Bernard and Brown Margaret
Bought by
Bouw Wesley George and Bouw Tara Lee
Seller's Agent
Carl Roetemeyer
Bennion Deville Homes
Buyer's Agent
Jeff Miller
HomeSmart
List Price
$419,000
Sold Price
$407,500
Premium/Discount to List
-$11,500
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Outstanding Balance
$238,697
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$480,985

Purchase Details

Closed on
Nov 9, 2011
Sold by
Kelly Roger E
Bought by
Brown Bernard and Brown Margaret

Purchase Details

Closed on
Mar 28, 2005
Sold by
Kelly Patricia
Bought by
Kelly Roger E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2005
Sold by
Kamino Debra and Askey Phyllis
Bought by
Kelly Roger E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2003
Sold by
Paragon Indian Palms Associates Lp
Bought by
Kamino Debra and Askey Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,750
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
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
Bouw Tara Lee -- Orange Coast Title Co
Bouw Wesley George -- Orange Coast Title Co
Bouw Wesley George $407,500 Orange Coast Title Co
Brown Bernard $340,000 Orange Coast Title Company
Kelly Roger E -- Stewart Title Riverside
Kelly Roger E $540,000 Multiple
Kamino Debra $330,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bouw Wesley George $324,000
Previous Owner Kelly Roger E $200,000
Previous Owner Kamino Debra $230,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2014 04/08/14 Sold $407,500 -2.7% $180 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
01/27/2014 01/27/14 For Sale $419,000 -- $185 / 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 $7,587 $499,524 $174,831 $324,693
2023 $7,587 $480,129 $168,043 $312,086
2022 $7,184 $470,716 $164,749 $305,967
2021 $7,070 $461,487 $161,519 $299,968
2020 $6,876 $456,756 $159,863 $296,893
2019 $6,716 $447,801 $156,729 $291,072
2018 $6,589 $439,021 $153,656 $285,365
2017 $6,531 $430,414 $150,644 $279,770
2016 $6,391 $421,976 $147,691 $274,285
2015 $6,450 $415,640 $145,474 $270,166
2014 $4,963 $294,000 $103,000 $191,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214003745

California Desert Association of REALTORS®

APN: 614-470-019