NOT LISTED FOR SALE

78130 Cortez Ln Unit 52 Indian Wells, CA 92210

Estimated Value: $299,000 - $334,000

1 Bed
1 Bath
576 Sq Ft
$244/mo HOA Fee

Last Sold October 22, 2020

Last sale price $209,000 $363 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,263/month

49 Days on Market

Highlights

  • Golf Course Community
  • In Ground Pool
  • Open Floorplan
  • Gerald R. Ford Elementary School Rated A-
  • Gated Community
  • Traditional Architecture

About This Home

As of October 2020

Location, Location, Vacation! Unquestionably One of the Most-Desirable Studios in Club View, and Among Just a Few that are FEE SIMPLE (saves you $2K/year on Lease Rent!). Rare Opportunity for an Indian Wells Address at this Price Point! Ground-Floor, Corner Unit Boasts a Shaded, Wrap-Around Patio Encompassing more than 300SF that's Elevated About Five Feet Above the Sidewalk on One Side, Significantly Enhancing Privacy. Desirable Pool VIEW. Inside, it's Beautifully Laid Out, with One of the Best Setups we've Seen. Kitchen Boasts Full-size Stainless-steel Appliances with a Large Island that Doubles as a Roomy Dining Table. Elegant, Euro-style Cabinetry, Granite Countertops and Luxury Tile Throughout. Big Bath features a Roomy Shower for Two, Plus Plenty of Closet Space. Brand NEW HVAC and Washer/Dryer. Bonus: Affordable HOA Fee includes all Landscaping, Guarded Gate, Building Maintenance (Including Roof), Water and Community Pools.

Last Agent to Sell the Property

T.J. McCaa

Bennion Deville Homes License #01379002 Listed on: 09/03/2020

Co-Listed By

Mia Blair

Cool Digs License #02086016

Last Buyer's Agent

Julie Allen

Keller Williams Luxury Homes Intl. License #01969975

Keller Williams Luxury Homes Intl.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,135

Year Built

  • Built in 1972

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • North Facing Home
  • Privacy Fence
  • Sprinklers on Timer

HOA Fees

  • $244 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 576 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • 2 Fireplaces
  • Blinds
  • Sliding Doors
  • Great Room
  • Ceramic Tile Flooring
  • Pool Views

Kitchen

  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Unassigned Parking

Outdoor Features

  • In Ground Pool
  • Wrap Around Porch

Additional Features

  • Ground Level
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 643071052

Community Details

Overview

  • Association fees include building & grounds, water
  • Mountain Cove Subdivision
  • Planned Unit Development

Recreation

  • Golf Course Community
  • Community Pool

Additional Features

  • Community Mailbox
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,135

Year Built

Built in 1972

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Leisure Faces North
  • Levels: One
  • Building Style: Traditional
  • Entry Location: Ground Level - No Steps
  • Included In Sale: Bar stools, all patio furniture, washer, dryer, refrigerator
  • List Price per Sq Ft: 362.85
  • Lp Sp Ratio: 1.0000
  • View Type: Pool
  • Year Built: 1972
  • Co Listing Office Address: 47350 Washington St. Ste. 101, La Quinta, CA 92253
  • Co Listing Office Fax: (760) 564-7969
  • Listing I D: 219048961
  • Listing Office Address: 47350 Washington St. Ste. 101, La Quinta, CA 92253
  • Listing Office Fax: (760) 564-7969
  • Selling Office Address: 73700 El Paseo, Palm Desert, CA 92260
  • Selling Office Fax: (760) 404-0154
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Mountain Cove
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Cooktop, Microwave Oven, Electric Range, Exhaust Fan, Washer, Stackable W/D Hookup, Refrigerator, Disposal, Electric Dryer Hookup
  • Interior Amenities: Open Floorplan
  • Flooring: Ceramic Tile
  • Total Bedrooms: 1
  • Bathroom Features: Shower Stall
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Eating Areas: Kitchen Island
  • Kitchen Features: Granite Counters, Island
  • Laundry: Laundry Area
  • Estimated Sq Ft: 576.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Shingle
  • Fencing: Privacy
  • Foundation: Slab
  • Patio: Covered, Wrap Around, Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground
  • Pool Location: Community
  • Planned Unit Development: Yes
  • View: Yes

Garage/Parking

  • Parking: Unassigned

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Heating Fuel: Electric
  • Security: Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Water
  • Association Amenities: Guest Parking
  • HOA Information: Yes
  • HOA Fee 1: 244.00
  • Total Monthly Association Fees: 244.00
  • Unit Location: Ground Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 643071052
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.0100
  • Lot Location: Cul-De-Sac, Private Road
  • Lot Size: 436.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Sep 11, 2020
Sold by
Nicolay Jeffrey P
Bought by
Kelly John Glenn and Kelly Terry Jean
Seller's Agent
T.J. McCaa
Bennion Deville Homes
Buyer's Agent
Julie Allen
Keller Williams Luxury Homes Intl.
List Price
$209,000
Sold Price
$209,000
Current Estimated Value
$322,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,594
Avg. Annual Appreciation
9.36%
Original Mortgage
$166,000
Outstanding Balance
$147,716
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$174,878

Purchase Details

Closed on
Feb 28, 2011
Sold by
Knight Derek Andrew
Bought by
Nicolay Jeffrey P

Purchase Details

Closed on
Oct 18, 2010
Sold by
Tindall Billy G
Bought by
Knight Derek A and Knight Revocable Living Trust Anita Maria

Purchase Details

Closed on
Nov 20, 2006
Sold by
Knight Anita M
Bought by
Tindall Billy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.32%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 8, 2003
Sold by
Fassmann Siegfried and Fassmann Stella
Bought by
Knight Anita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 1997
Sold by
Lightcap William T
Bought by
Fassmann Siegfried and Fassman Stella

Purchase Details

Closed on
Nov 3, 1994
Sold by
Schall Harriette R
Bought by
Schall Harriette R
Source: Public Records

Range of Values:

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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
Kelly John Glenn $209,000 Fidelity National Title Co
Nicolay Jeffrey P $118,500 Lawyers Title
Knight Derek A $142,500 None Available
Tindall Billy G $150,000 Fidelity Natl Title Ins Co
Knight Anita M $110,000 Commonwealth Land Title Co
Fassmann Siegfried $40,000 Fidelity Title
Schall Harriette R -- --
Schall Harriette R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly John Glenn $166,000
Previous Owner Nicolay Jeffrey P $66,500
Previous Owner Tindall Billy G $142,500
Previous Owner Knight Anita M $30,000
Previous Owner Knight Anita M $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $209,000 0.0% $363 / Sq Ft
09/03/2020 09/03/20 For Sale $209,000 -- $363 / 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 $3,135 $226,224 $67,109 $159,115
2023 $3,135 $217,442 $64,504 $152,938
2022 $2,973 $213,180 $63,240 $149,940
2021 $2,899 $209,000 $62,000 $147,000
2020 $2,018 $138,225 $35,140 $103,085
2019 $1,985 $135,515 $34,451 $101,064
2018 $1,953 $132,859 $33,776 $99,083
2017 $1,795 $120,000 $31,000 $89,000
2016 $1,679 $111,000 $28,000 $83,000
2015 $1,494 $94,000 $24,000 $70,000
2014 $1,324 $80,000 $20,000 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219048961

California Desert Association of REALTORS®

APN: 643-071-052