NOT LISTED FOR SALE

49579 Constitution Dr Indio, CA 92201

Estimated Value: $1,873,000 - $1,965,903

4 Beds
6 Baths
5,652 Sq Ft
$340/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $1,500,000 $265 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $12,045/month

33 Days on Market

Highlights

  • Pebble Pool Finish
  • Primary Bedroom Suite
  • 0.56 Acre Lot
  • Gourmet Kitchen
  • Gated Community
  • Open Floorplan

About This Home

As of April 2021

This newer built & highly upgraded home is located in the gated community of Madison Estates. This expansive 5600+ square foot bright & open floorplan features 4 spacious bedrooms, 4.5 baths, plank tile flooring & Karastan carpeting & soaring 12 ft ceilings. The chef's kitchen has distressed knotty alder cabinetry, Sub-Zero fridge & freezer, Wolf range/stove/hood & warming drawer & microwave, Miele coffee maker, 2 built-in wine fridges in the large granite kitchen island, travertine back splash & walk-in pantry. The adjacent great room with a travertine stacked fireplace & built-in cabinetry seamlessly flows out to an inviting covered loggia with an outdoor kitchen featuring an oversized Alfresco BBQ grill & warming drawer, Alfresco pizza oven surrounded in stacked stone, outdoor fridge & spacious granite counters to allow for plenty of guests to belly up to the bar & keep warm with built-in ceiling heaters. The outdoor palapa with undercounter beverage refrigerator is perfect for large parties. The cascading salt-water pool & spa with walk-in beach entrance is serene with the western scenic mountain backdrop. The large master bedroom features his & hers walk-in closets, an expansive bathroom with his & hers vanities & his & hers water closets, soaking tub & walk-in stone shower. The over-sized game room with built in wet-bar/ice maker is a great space for guests to enjoy a few beverages & play pool. The game room can easily be converted into a 5th bed/2nd master bedroom.

Last Agent to Sell the Property

Brittany Read

Southern Hills Real Estate License #01450471 Listed on: 02/02/2021

Co-Listed By

Michael Read

Southern Hills Real Estate License #02037350

Last Buyer's Agent

Barbara Klein

Compass License #01822308

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 0.56 Acre Lot
  • Home has East and West Exposure
  • Block Wall Fence
  • Stucco Fence
  • Drip System Landscaping
  • Misting System
  • Sprinklers on Timer
  • Back and Front Yard

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 5,652 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Bar
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Shutters
  • Custom Window Coverings
  • Sliding Doors
  • Entryway
  • Great Room with Fireplace
  • Dining Area
  • Bonus Room
  • Mountain Views
  • Security System Owned

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Pool

  • Pebble Pool Finish
  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Saltwater Pool
  • Waterfall Pool Feature
  • Pool Sweep

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Location

  • Ground Level

Utilities

  • Forced Air Zoned Cooling and Heating 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 616481023

Community Details

Overview

  • Madison Estates Subdivision
  • Planned Unit Development

Amenities

  • Community Mailbox

Security

  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2017

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: Front Door Faces East, Leisure Faces West
  • Levels: Ground Level, No Unit Above, Ground, One
  • Building Number Of Stories: 1
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 265.04
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Water District Name: Indio Water Authority
  • Year Built: 2017
  • Co Listing Office Address: 50855 Washington St. Ste C-260, La Quinta, CA 92253
  • Co Listing Office Fax: (760) 776-1397
  • Listing I D: 219056703
  • Listing Office Address: 50855 Washington St. Ste C-260, La Quinta, CA 92253
  • Listing Office Fax: (760) 776-1397
  • Selling Office Address: 50200 Avenida Vista Bonita, La Quinta, CA 92253
  • Selling Office Fax: (760) 564-0200
  • Land Type: Fee
  • Subdivision: Madison Estates
  • Special Features: None

Interior Features

  • Appliances: Bar Ice Maker, Gas Cooktop, Microwave Oven, Gas Range, Ice Maker - Standalone, Water Line to Refrigerator, Washer, Refrigerator, Ice Maker, Disposal, Freezer, Dishwasher, Dryer
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Bar, Wet Bar, Open Floorplan, High Ceilings (9 Ft+), Crown Molding
  • Warming Oven Drawer: Yes
  • Range Hood: Yes
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Tile Shower, Tub Only, Shower Stall, Shower & Tub, Powder Room
  • One Quarter Bathrooms: 2.00
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar, Kitchen Island, Dining Area
  • Kitchen Features: Granite Counters, Granite Slab Counters, Pantry, Island, Gourmet Kitchen
  • Laundry: Individual Room
  • Estimated Sq Ft: 5652.00
  • Windows Treatments: Custom Window Covering, Shutters

Exterior Features

  • Construction: Stucco
  • Other Features: Barbeque Private, Misting System
  • Roofing: Tile
  • Built-in BBQ: Gas
  • Fencing: Block, Stucco Wall
  • Foundation: Slab
  • Patio: Covered, Misters
  • Pool: Yes
  • Pool Accessories: Waterfall, Pool Sweep
  • Pool Construction: In Ground, Pebble
  • Pool Description: Salt Water, Private, In Ground
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener
  • Total Garage Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Total Uncovered Assigned Spaces: 4.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Zoned, Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Card/Code Access, Security System Owned, Gated Community
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Controlled Access, Pet Rules
  • HOA Information: Yes
  • HOA Fee 1: 200.00
  • Total Monthly Association Fees: 200.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 616481023
  • Irrigation: Drip System, Sprinkler Timer
  • Lot Acres: 0.5600
  • Lot Description: Back Yard, Landscaped, Front Yard, Fenced
  • Lot Size: 24394.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Feb 19, 2021
Sold by
Deadman Mark A and Watts Jill A
Bought by
Edson Mark and The Mark A Edson Revocable Tru
Seller's Agent
Brittany Read
Southern Hills Real Estate
Buyer's Agent
Barbara Klein
Compass
List Price
$1,498,000
Sold Price
$1,500,000
Premium/Discount to List
$2,000
0.13%
Current Estimated Value
$1,924,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,476
Avg. Annual Appreciation
5.37%

Purchase Details

Closed on
Oct 7, 2016
Sold by
Up Madison 46 Llc
Bought by
Deadman Mark A and Watts Jill A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2014
Sold by
Rb Madison Llc
Bought by
Up Madison 46 Llc

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
Edson Mark $1,500,000 Lawyers Title Company
Deadman Mark A $905,000 Stewart Title
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 Deadman Mark A $675,000
Previous Owner Rb Madison Llc $8,903,997
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2021 04/02/21 Sold $1,500,000 +0.1% $265 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $1,498,000 -- $265 / 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 $21,373 $1,623,645 $61,697 $1,561,948
2023 $21,373 $1,560,599 $59,302 $1,501,297
2022 $20,437 $1,530,000 $58,140 $1,471,860
2021 $13,244 $970,340 $219,800 $750,540
2020 $13,051 $960,392 $217,547 $742,845
2019 $12,823 $941,562 $213,282 $728,280
2018 $12,559 $923,100 $209,100 $714,000
2017 $1,750 $119,088 $119,088 $0
2016 $1,503 $116,753 $116,753 $0
2015 $1,442 $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: 219056703

California Desert Association of REALTORS®

APN: 616-481-023