$800,000
SOLD MAR 11, 2024 RENTED JUN 20, 2025

74923 Verbena Ct Indian Wells, CA 92210

4 Beds
3 Baths
2,674 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$299 Per Sq Ft

36 Days on Market

Highlights

  • Gated Community
  • Peek-A-Boo Views
  • Great Room with Fireplace
  • Palm Desert High School Rated A
  • Mediterranean Architecture
  • Granite Countertops

About This Home

As of March 2024

Opportunities like this do not come along often. Welcome to this 4-bedroom, 3-bathroom home nestled within the prestigious Colony Cove community, located on a serene cul-de-sac in highly sought-after Indian Wells. Boasting a coveted southern orientation, this well-maintained residence offers a canvas primed for customization and personalization. Upon entering, you'll immediately appreciate the potential awaiting within. The interior exudes a sense of space and possibility, offering a versatile layout to suit your lifestyle needs. With leased solar already in place, the groundwork is laid for sustainable living and energy efficiency. Step outside to discover a blank slate awaiting your vision. With ample space for a pool, outdoor entertaining, or lush landscaping, this outdoor oasis is ready for transformation into your own private retreat. Indian Wells is renowned for its amenity-rich lifestyle. Residents are treated to exclusive perks, including discounted access to premier golf, fine dining experiences, and world-class entertainment. Indulge in leisurely afternoons at the Hyatt's pool and spa, or immerse yourself in the excitement of the renowned BNP Paribas Tennis tournament, all within arm's reach of your new home. Seize the opportunity to make your mark in Indian Wells and claim this gem as your own.

Last Agent to Sell the Property

Kimberly Oleson

Coldwell Banker Realty License #02040875 Listed on: 01/26/2024

Coldwell Banker Realty

Last Buyer's Agent

Jeff Marandi

Re/Max Premier Realty License #01161944

Re/Max Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,574

Year Built

  • Built in 2000

Lot Details

  • 9,148 Sq Ft Lot
  • Block Wall Fence

HOA Fees

  • $100 Monthly HOA Fees

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Mediterranean Architecture
  • Slab Foundation

Interior Spaces

  • 2,674 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Shutters
  • Double Door Entry
  • Great Room with Fireplace
  • Family Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Utility Room
  • Laundry Room

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Driveway
  • On-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater

Additional Features

  • Green Features
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 625570066

Community Details

Overview

  • Colony Cove Subdivision

Amenities

  • Community Mailbox

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,574

Year Built

Built in 2000

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 1
  • Building Style: Mediterranean
  • Entry Location: Foyer, Ground Level - No Steps
  • List Price per Sq Ft: 298.80
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s), Peek-A-Boo
  • Water District Name: CVWD
  • Year Built: 2000
  • Listing I D: 219106004
  • Listing Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Fax: (760) 360-1342
  • Selling Office Address: 5299 Alton Pkwy, Irvine, CA 92604-8604
  • Land Type: Fee
  • Subdivision: Colony Cove
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Range Hood: Yes
  • Fireplace Features: Gas
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Room, Formal Dining Room
  • Kitchen Features: Granite Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 2674.00
  • Windows Treatments: Shutters

Exterior Features

  • Built-in BBQ: Gas
  • Fencing: Block
  • Foundation: Slab
  • Patio: Covered
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway, On Street
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Security: Card/Code Access
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Controlled Access, Management
  • HOA Information: Yes
  • HOA Fee 1: 100.00
  • Total Monthly Association Fees: 100.00

Lot Info

  • Assessor Parcel Number: 625570066
  • Lot Size: 9148.00

Green Features

  • Green Features: Yes

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
Jan 26, 2024
Closed on
Feb 22, 2024
Sold by
Walz Family Trust
Bought by
Rastegar Andrew and Rastegar Tala
Seller's Agent
Kimberly Oleson
Coldwell Banker Realty
Buyer's Agent
Jeff Marandi
Re/Max Premier Realty
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%
Views
31
Current Estimated Value
$999,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,357
Avg. Annual Appreciation
16.96%
Original Mortgage
$560,000
Outstanding Balance
$551,860
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$447,498

Purchase Details

Closed on
Nov 1, 2012
Sold by
Seretis Christos and Seretis Evelyn B
Bought by
Walz Max H and Walz Susan K

Purchase Details

Closed on
Feb 10, 2009
Sold by
Riddick Thomas W and Miller Deborah J
Bought by
Seretis Christos and Seretis Evelyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2007
Sold by
Riddick Thomas W
Bought by
Riddick Thomas W

Purchase Details

Closed on
Dec 4, 2000
Sold by
Colony Cove At Indian Wells Llc
Bought by
Riddick Thomas W and Riddick Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
7.71%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $800,000 Equity Title
Grant Deed $455,000 Chicago Title Company
Grant Deed $400,000 Chicago Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $375,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $560,000 New Conventional
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $200,000 Credit Line Revolving
Previous Owner $290,000 Unknown
Previous Owner $60,000 Credit Line Revolving
Previous Owner $354,700 Unknown
Previous Owner $356,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Rented $3,800 0.0% --
06/18/2025 06/18/25 Under Contract -- -- --
05/23/2025 05/23/25 Price Changed $3,800 -5.0% $1 / Sq Ft
05/07/2025 05/07/25 Price Changed $4,000 -16.7% $1 / Sq Ft
04/22/2025 04/22/25 For Rent $4,800 +33.3% --
05/11/2024 05/11/24 Rented $3,600 +4.3% --
04/27/2024 04/27/24 Price Changed $3,450 -12.7% $1 / Sq Ft
04/15/2024 04/15/24 Price Changed $3,950 -12.2% $1 / Sq Ft
04/04/2024 04/04/24 Price Changed $4,500 -6.3% $2 / Sq Ft
03/29/2024 03/29/24 Price Changed $4,800 -4.0% $2 / Sq Ft
03/22/2024 03/22/24 For Rent $5,000 0.0% --
03/11/2024 03/11/24 Sold $800,000 +0.1% $299 / Sq Ft
03/02/2024 03/02/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $799,000 +75.6% $299 / Sq Ft
01/18/2013 01/18/13 Sold $455,000 -5.0% $170 / Sq Ft
12/12/2012 12/12/12 Pending -- -- --
09/14/2012 09/14/12 Price Changed $479,000 -4.0% $179 / Sq Ft
08/28/2012 08/28/12 For Sale $499,000 -- $187 / 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 $7,574 $816,000 $204,000 $612,000
2023 $7,574 $538,530 $134,628 $403,902
2022 $7,701 $527,972 $131,989 $395,983
2021 $7,530 $517,620 $129,401 $388,219
2020 $7,396 $512,314 $128,075 $384,239
2019 $7,284 $502,269 $125,564 $376,705
2018 $7,154 $492,421 $123,103 $369,318
2017 $7,023 $482,767 $120,690 $362,077
2016 $6,859 $473,302 $118,324 $354,978
2015 $6,870 $466,195 $116,548 $349,647
2014 $6,749 $457,065 $114,266 $342,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219106004

California Desert Association of REALTORS®

APN: 625-570-066