NOT LISTED FOR SALE

49472 Constitution Dr Indio, CA 92201

Estimated Value: $877,000 - $1,499,877

4 Beds
4.5 Baths
4,330 Sq Ft
$304/Sq Ft Est. Value

Last Sold March 02, 2017

Last sale price $742,400 $171 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $8,195/month

46 Days on Market

Highlights

  • Heated In Ground Pool
  • Panoramic View
  • 0.5 Acre Lot
  • Primary Bedroom Suite
  • Gated Community
  • Open Floorplan

About This Home

As of March 2017

Madison Estates Home of the Month! This perfectly situated almost 22,000 sf lot with 4 bedrooms/4.5 baths, captures the coveted Santa Rosa mountains to the South, as well as the Chocolate Mountains to the North, allowing you to enjoy both while having no home behind you. While you relax on this estate-sized lot, soak up the serenity of the captivating mountains and majestic skyline while enjoying your custom backyard pool and spa which you can situate to enjoy both mountain views. But, there is still more this home comes with a greatroom with 12 foot ceilings, Kitchen with stainless appliances and massive eat in center island, crown moulding in certain areas.

Last Agent to Sell the Property

Catherine Young

HomeSmart License #01761144 Listed on: 10/03/2016

Co-Listed By

John Young

HomeSmart License #01191383

Last Buyer's Agent

Catherine Young

HomeSmart License #01761144 Listed on: 10/03/2016

Home Details

Home Type

  • Single Family

Lot Details

  • 0.5 Acre Lot
  • Southeast Facing Home
  • Block Wall Fence
  • Premium Lot
  • Drip System Landscaping
  • Sprinklers on Timer

HOA Fees

  • $255 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain

Home Design

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

Interior Spaces

  • 4,330 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Sound
  • Crown Molding
  • High Ceiling
  • Raised Hearth
  • Gas Log Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Sliding Doors
  • Great Room with Fireplace
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 3 Car Attached Garage
  • Driveway

Pool

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

Utilities

  • Zoned Heating and Cooling
  • Property is located within a water district
  • Hot Water Circulator

Listing and Financial Details

  • Assessor Parcel Number 616481019

Community Details

Overview

  • Madison Estates Subdivision

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Leisure Faces East, Leisure Faces South
  • Levels: One
  • Builders Tract Code: Madison Estates
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 175.50
  • Lp Sp Ratio: 0.9770
  • View Type: Mountain(s), Panoramic
  • Water District Name: Indio Water Auth.
  • Co Listing Member Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Co Listing Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Co Listing Office Fax: (760) 844-7550
  • Co Selling Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Co Selling Member Fax: (760) 424-3901
  • Co Selling Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Co Selling Office Fax: (760) 844-7550
  • Listing I D: 216028678
  • Listing Member Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Office Fax: (760) 844-7550
  • Selling Member Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Selling Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Madison Estates
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave Oven, Gas Oven, Refrigerator, Disposal
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Crown Molding, Surround Sound Wired, Open Floorplan, High Ceilings (9 Ft+)
  • Range Hood: Yes
  • Fireplace Features: Raised Hearth, Gas Log
  • Flooring: Carpet, Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Powder Room
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Formal Dining Room, Kitchen Island
  • Kitchen Features: Granite Counters, Pantry, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 4330.00
  • Windows Treatments: Double Pane Windows, Low Emissivity Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Premium Lot
  • Roofing: Concrete, Tile
  • Fencing: Block
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Heated, Private
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling Type: Air Conditioning, Zoned, Central Air
  • Security: Fire Sprinkler System, Fire Alarm
  • Sewer: In, Connected and Paid
  • Water: In Street, Water District
  • Water Heater Feature: Hot Water Circulator

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 255.00
  • Total Monthly Association Fees: 255.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 616481019
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Acres: 0.5000
  • Lot Size: 21895.00

Rental Info

  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2016
Sold by
Up Madison 46 Llc
Bought by
Shipp Mark E and Shipp Julie A
Current Estimated Value
$1,327,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,680
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2014
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
$682,000
Interest Rate
4%
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
Shipp Mark E $742,500 Stewart Title Of California
Up Madison 46 Llc -- Stewart Title
Rb Madison Llc -- Fidelity National Title Co
Iota Eighteen Llc $12,500,000 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shipp Mark E $519,680
Previous Owner Up Madison 46 Llc $682,000
Previous Owner Rb Madison Llc $8,903,997
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2017 03/02/17 Sold $742,400 -2.3% $171 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
11/06/2016 11/06/16 Price Changed $759,900 +0.7% $175 / Sq Ft
11/06/2016 11/06/16 Price Changed $754,900 -11.7% $174 / Sq Ft
10/03/2016 10/03/16 For Sale $854,900 -- $197 / 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 $11,993 $867,300 $258,481 $608,819
2023 $11,993 $833,624 $248,445 $585,179
2022 $11,286 $817,279 $243,574 $573,705
2021 $11,070 $801,255 $238,799 $562,456
2020 $10,923 $793,040 $236,351 $556,689
2019 $10,731 $777,491 $231,716 $545,775
2018 $10,504 $762,247 $227,174 $535,073
2017 $9,835 $710,188 $119,088 $591,100
2016 $9,117 $671,753 $116,753 $555,000
2015 $1,889 $115,000 $115,000 $0
2014 $622 $48,856 $48,856 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216028678

California Desert Association of REALTORS®

APN: 616-481-019