NOT LISTED FOR SALE

49680 Constitution Dr Indio, CA 92201

Estimated Value: $1,544,000 - $1,786,000

4 Beds
6 Baths
4,585 Sq Ft
$374/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $1,385,000 $302 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $10,740/month

242 Days on Market

Highlights

  • Guest House
  • Pebble Pool Finish
  • Gourmet Kitchen
  • Basketball Court
  • Casita
  • Primary Bedroom Suite

About This Home

As of May 2021

Exceptional panoramic mountain VIEWS! This 1/2 acre property is situated on a premier lot in the desirable community of Madison Estates. This contemporary style home offers high 12/ft ceilings, large custom tiles, and a floor to ceiling stone fireplace in the great room. The gourmet kitchen is sure to impress with a huge center island, white quartz countertops, custom herringbone backsplash, a built-in wine fridge, stainless steel appliances and a walk-in pantry. This home is perfect for entertaining - the upstairs loft has unobstructed views of the Santa Rosa mountains as well as the Polo fields where Coachella Music Festival is held. Enjoy desert sunsets in the tranquil south-facing backyard complete with a salt-water pool/spa, fire pit, built-in BBQ, and basketball court - so you can enjoy a game right in your own backyard! The garage is customized with Swisstrax flooring, perfect for car enthusiasts. This home is a MUST SEE and furniture is negotiable.

Last Agent to Sell the Property

Danette Kim

Keller Williams Realty License #01996955 Listed on: 09/03/2020

Last Buyer's Agent

Cory Alan

eXp Realty of California, Inc License #00787742

eXp Realty of California, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 0.51 Acre Lot
  • Cul-De-Sac
  • South Facing Home
  • Drip System Landscaping
  • Sprinklers on Timer

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,585 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Gas Log Fireplace
  • Stone Fireplace
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft
  • Bonus Room
  • Mountain Views

Kitchen

  • Gourmet Kitchen
  • Walk-In Pantry
  • Convection Oven
  • Gas Oven
  • Gas Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 3 Car Attached Garage
  • Driveway

Pool

  • Pebble Pool Finish
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Basketball Court
  • Casita

Additional Features

  • Guest House
  • Ground Level
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 616470011

Community Details

Overview

  • Madison Estates Subdivision

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: Leisure Faces South
  • Levels: Two
  • Builders Tract Code: Madison Estates
  • Building Number Of Stories: 1
  • Building Style: Contemporary
  • Casita Features Other: bedroom, bathroom, walk-in closet
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 302.07
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Year Built: 2017
  • Listing I D: 219048915
  • Listing Office Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Listing Office Fax: (760) 771-3063
  • Selling Member Address: 74710 Highway 111 STE 102, Palm Desert, CA 92260
  • Selling Office Address: 74710 Highway 111 STE 102, Palm Desert, CA 92260
  • Selling Office Fax: (760) 771-9479
  • Land Type: Fee
  • Subdivision: Madison Estates
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Convection Oven, Gas Oven, Exhaust Fan, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Built-In Features, High Ceilings (9 Ft+), Crown Molding
  • Fireplace Features: Gas Log, Stone
  • Flooring: Carpet, Tile
  • Bedroom Features: All Bedrooms Down, Walk In Closet, Master Suite, Master Retreat
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Shower & Tub
  • Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Eating Areas: Dining Area, Kitchen Island, Formal Dining Room
  • Kitchen Features: Gourmet Kitchen, Quartz Counters, Pantry, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 4585.00
  • Windows Treatments: Blinds

Exterior Features

  • Other Features: Basketball
  • Other Structures: Guest House/Casita
  • Pool: Yes
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated, Salt Water, In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • 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: 7.00
  • Total Uncovered Assigned Spaces: 4.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Central
  • Security: Card/Code Access, Gated Community, Fire Alarm, Fire Sprinkler System
  • Sewer: In, Connected and Paid

Association/Amenities

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

Condo/Co-op/Association

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

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 616470011
  • Irrigation: Drip System, Sprinkler Timer
  • Lot Acres: 0.5100
  • Lot Location: Cul-De-Sac
  • Lot Size: 22215.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
May 6, 2021
Sold by
Patton Letiwe
Bought by
Patton Kyle
Seller's Agent
Danette Kim
Keller Williams Realty
Buyer's Agent
Cory Alan
eXp Realty of California, Inc
List Price
$1,295,000
Sold Price
$1,385,000
Premium/Discount to List
$90,000
6.95%
Current Estimated Value
$1,708,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,192
Avg. Annual Appreciation
4.69%
Original Mortgage
$1,073,000
Outstanding Balance
$970,336
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$745,395

Purchase Details

Listed on
Sep 3, 2020
Closed on
Apr 20, 2021
Sold by
Kim Jee Mann and Kim Danette Marie
Bought by
Patton Kyle
Seller's Agent
Danette Kim
Keller Williams Realty
Buyer's Agent
Cory Alan
eXp Realty of California, Inc
List Price
$1,295,000
Sold Price
$1,385,000
Premium/Discount to List
$90,000
6.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,073,000
Outstanding Balance
$970,336
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$745,395

Purchase Details

Closed on
Jul 3, 2018
Sold by
Kim Jee Mann and Kim Danette Marie
Bought by
Kim Jee Mann and Kim Danette Marie

Purchase Details

Closed on
Jul 5, 2016
Sold by
Up Madison 46 Llc
Bought by
Kim Jee Mann and Kim Danette Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$752,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
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
Patton Kyle -- Fidelity Natl Ttl Builder Sv
Patton Kyle $1,385,000 Fidelity Natl Ttl Builder Sv
Kim Jee Mann -- None Available
Kim Jee Mann $940,000 Stewart Title Of California
Up Madison 46 Llc -- Stewart Title
Rb Madison Llc -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patton Kyle $1,073,000
Previous Owner Kim Jee Mann $752,000
Previous Owner Rb Madison Llc $8,903,997
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2021 05/13/21 Sold $1,385,000 0.0% $302 / Sq Ft
04/05/2021 04/05/21 Price Changed $1,385,000 +6.9% $302 / Sq Ft
01/19/2021 01/19/21 For Sale $1,295,000 -6.5% $282 / Sq Ft
11/12/2020 11/12/20 Off Market $1,385,000 -- --
09/03/2020 09/03/20 For Sale $1,295,000 +37.8% $282 / Sq Ft
05/31/2017 05/31/17 Sold $940,000 +8.1% $205 / Sq Ft View Prior Sale
02/15/2017 02/15/17 Pending -- -- --
01/03/2017 01/03/17 For Sale $869,900 -- $190 / 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 $19,294 $1,499,166 $389,674 $1,109,492
2023 $19,294 $1,440,954 $374,544 $1,066,410
2022 $18,417 $1,412,700 $367,200 $1,045,500
2021 $13,223 $1,007,867 $302,359 $705,508
2020 $13,047 $997,533 $299,259 $698,274
2019 $12,820 $977,975 $293,392 $684,583
2018 $12,556 $958,800 $287,640 $671,160
2017 $7,979 $591,588 $119,088 $472,500
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: 219048915

California Desert Association of REALTORS®

APN: 616-470-011