NOT LISTED FOR SALE

49399 Sherman Dr Indio, CA 92201

Estimated Value: $549,000 - $611,702

4 Beds
3 Baths
1,972 Sq Ft
$293/Sq Ft Est. Value

Last Sold June 07, 2016

Last sale price $299,000 $152 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,679/month

15 Days on Market

Highlights

  • Guest House
  • Fitness Center
  • Gourmet Kitchen
  • Golf Course Community
  • Heated In Ground Pool
  • Gated Community

About This Home

As of June 2016

This beautiful home in Indian Palms Country Club is located on one of the very best view streets in the development, overlooking a massive greenbelt with a beautiful pond and walking paths, and providing simply breath-taking mountain views! This wonderful home has 3 bedrooms and 2 baths in the main house and a large casita housing the additional bed and bath. As you enter the property through the private covered courtyard, you will find the Main home to be bright, open and airy, with a wall of windows capturing the spectacular views. The Kitchen has a large granite island, lots of cupboards, ample pantry and is an entertainer's dream. There is great separation between the bedrooms, with Master bedroom and guest rooms located at opposite ends of the house. The property truly has too many features to list here. Just call for your appointment today...You don't want to miss this one!

Last Agent to Sell the Property

Diana Pazos

RE/MAX Consultants License #01446470 Listed on: 04/22/2016

Co-Listed By

Judy Woodard

RE/MAX Consultants License #01438876

Last Buyer's Agent

Mack Jones

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 6,534 Sq Ft Lot
  • West Facing Home
  • Partially Fenced Property
  • Landscaped

HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Pond
  • Park or Greenbelt

Home Design

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

Interior Spaces

  • 1,972 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Blinds
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 614470016
  • Special Tax Authority

Community Details

Overview

  • Indian Palms Subdivision
  • On-Site Maintenance
  • Greenbelt

Amenities

  • Community Mailbox

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Leisure Faces West
  • Levels: One
  • Builders Tract Code: Indian Palms
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 159.23
  • Lp Sp Ratio: 0.9522
  • Unit Total In Complex: 2400
  • View Type: Park/Green Belt, Pond
  • Year Built: 2003
  • Co Listing Office Address: 47170 Washington St., La Quinta, CA 92253
  • Listing I D: 216013240
  • Listing Office Address: 47170 Washington St., La Quinta, CA 92253
  • Selling Member Address: PO Box 4065, Palm Desert, CA 92261
  • Selling Office Address: 74478 HWY 111 Ste #228, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: Indian Palms
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Open Floorplan
  • Fireplace Features: Glass Doors
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Shower & Tub, Tub With Jets
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Nook, Living/Dining Combo
  • Kitchen Features: Gourmet Kitchen, Granite Counters, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 1972.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Other Structures: Guest House/Casita
  • Roofing: Concrete, Tile
  • Fencing: Fenced, Partial
  • Foundation: Slab
  • Pool: Yes
  • Pool Accessories: Safety Fence
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

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

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security
  • Sewer: In Street on Bond

Association/Amenities

  • Community Features: Community Mailbox, 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 Amenities: Controlled Access, Fitness Center, Greenbelt/Park, Maintenance Grounds, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 174.81
  • HOA Fee 2: 25.00
  • Total Monthly Association Fees: 200.00

Lot Info

  • Assessor Parcel Number: 614470016
  • Lot Acres: 0.1500
  • Lot Description: Landscaped
  • Lot Location: Greenbelt
  • Lot Size: 6534.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Times Rita Haysbert and Rita A Times Revocable Living
Bought by
Times Rita A and Rita A Times Revocable Living
Current Estimated Value
$577,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,500
Outstanding Balance
$495,879
Interest Rate
2.58%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$81,297

Purchase Details

Closed on
Oct 24, 2017
Sold by
Haysbert Rita A
Bought by
Times Rita A and Rita A Times Revocable 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
$465,000
Interest Rate
3.83%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Listed on
Apr 22, 2016
Closed on
May 12, 2016
Sold by
Thompson Gordon V and Thompson Heather D
Bought by
Times Rita A Haysbert
Seller's Agent
Diana Pazos
RE/MAX Consultants
Buyer's Agent
Mack Jones
List Price
$314,000
Sold Price
$299,000
Premium/Discount to List
-$15,000
-4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Original Mortgage
$239,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2008
Sold by
Citibank Na
Bought by
Thompson Gordon and Thompson Heather D

Purchase Details

Closed on
Feb 29, 2008
Sold by
Morales Daniel and Morales Ida M
Bought by
Citibank Na

Purchase Details

Closed on
Feb 17, 2004
Sold by
Paragon Indian Palms Associates Lp
Bought by
Morales Daniel and Morales Ida M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
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
Times Rita A -- Placer Title Company
Times Rita A -- Placer Title Company
Times Rita A Haysbert $299,000 Title 365
Thompson Gordon $235,000 Chicago Title
Citibank Na $373,500 Accommodation
Morales Daniel $279,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Times Rita A $559,500
Closed Times Rita A $465,000
Closed Times Rita A Haysbert $239,000
Previous Owner Morales Daniel $222,400
Closed Morales Daniel $55,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2016 06/07/16 Sold $299,000 -4.8% $152 / Sq Ft
05/07/2016 05/07/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $314,000 -- $159 / 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 $5,573 $332,268 $116,293 $215,975
2023 $5,573 $319,368 $111,778 $207,590
2022 $5,520 $313,107 $109,587 $203,520
2021 $5,265 $306,969 $107,439 $199,530
2020 $5,020 $303,823 $106,338 $197,485
2019 $5,133 $317,299 $111,054 $206,245
2018 $5,036 $311,078 $108,877 $202,201
2017 $5,009 $304,980 $106,743 $198,237
2016 $4,446 $260,739 $91,257 $169,482
2015 $4,496 $256,824 $89,887 $166,937
2014 $4,443 $251,795 $88,127 $163,668
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216013240

California Desert Association of REALTORS®

APN: 614-470-016