NOT LISTED FOR SALE

78130 Cortez Ln Unit 61 Indian Wells, CA 92210

Estimated Value: $277,000 - $336,000

1 Bed
1 Bath
576 Sq Ft
$255/mo HOA Fee

Last Sold December 06, 2019

Last sale price $185,000 $321 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,202/month

217 Days on Market

Highlights

  • Primary Bedroom Suite
  • Gated Community
  • 1 Fireplace
  • Gerald R. Ford Elementary School Rated A-
  • Mountain View
  • Great Room

About This Home

As of December 2019

Retreat to Indian Wells! MOUNTAIN COVE is a beautiful private gate guarded community surrounded by the spectacular mountains! Presenting an elegant updated 1 bedroom condo with tile throughout, ceiling fans, designer decor! Enjoy a spacious separate bedroom with a king bed, large flat screen TV & a mirrored custom closet! Sumptuous bath with double sink vanity, custom mirrors & step in shower! The great room has contemporary, comfortable furnishings, flat screen TV & a twin sofa bed! The dining table expands to provide banquet entertaining! The modern updated kitchen has a double sided refrigerator, full stove, microwave & dishwasher! Full size washer/dryer in the utility room! Expansive wrap around south facing covered patio with bbq for dining while enjoying the views! Three pools & an abundance of walking & biking paths! This is not a studio, this is a 1 bedroom condo. IID electric district for great rates!

Last Agent to Sell the Property

Bobbie Williams

Bennion Deville Homes License #00680301 Listed on: 03/28/2019

Last Buyer's Agent

Jermaine Wright

eXp Realty of Southern California, Inc License #02083299

eXp Realty of Southern California, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,301

Year Built

  • Built in 1972

Lot Details

  • Drip System Landscaping
  • Land Lease of $2,240 expires <<landLeaseExpirationDate>>

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • Unassigned Parking

Property Views

  • Mountain
  • Park or Greenbelt

Home Design

  • Turnkey

Interior Spaces

  • 576 Sq Ft Home
  • 1 Fireplace
  • Blinds
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 1 Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Wrap Around Porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 643071061

Community Details

Overview

  • Association fees include trash
  • Mountain Cove Subdivision
  • On-Site Maintenance
  • Greenbelt
  • Planned Unit Development

Pet Policy

  • Pet Restriction

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,301

Year Built

Built in 1972

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Ground
  • Builders Tract Code: Mountain Cove
  • List Price per Sq Ft: 328.13
  • Lp Sp Ratio: 0.9800
  • View Type: Mountain(s), Park/Green Belt
  • Year Built: 1972
  • Listing I D: 219009371
  • Listing Member Address: 74-910 Highway 111, Indian Wells, CA 92210
  • Listing Office Address: 74-910 Highway 111, Indian Wells Main Office, Indian Wells, CA 92210
  • Listing Office Fax: (760) 773-3959
  • Selling Office Address: 119 N Indian Canyon Drive, Palm Springs, CA 92262
  • Land Type: Lease
  • Subdivision: Mountain Cove
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Oven, Microwave Oven, Washer, Refrigerator, Disposal, Dishwasher
  • Flooring: Tile
  • Bedroom Features: Master Suite
  • Total Bedrooms: 1
  • Bathroom Features: Remodeled, Tile Shower
  • Total Bathrooms: 1.00
  • Three Quarter Bathrooms: 1
  • Eating Areas: Living/Dining Combo
  • Kitchen Features: Granite Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 576.00
  • Windows Treatments: Blinds

Exterior Features

  • Patio: Covered, Wrap Around, Concrete Slab
  • Planned Unit Development: Yes
  • View: Yes

Garage/Parking

  • Parking: Unassigned

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Security: Gated Community
  • Sewer: Connected on Bond

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Trash
  • Association Amenities: Controlled Access, Pet Rules, Maintenance Grounds
  • HOA Information: Yes
  • HOA Fee 1: 255.00
  • Total Monthly Association Fees: 255.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 643071061
  • Irrigation: Drip System
  • Land Lease Purchase: Yes
  • Lot Acres: 0.0100
  • Lot Location: Greenbelt
  • Lot Size: 436.00

Rental Info

  • Will Consider Lease: Yes
  • Furnished: Turnkey
  • Land Lease Amt Annual: 2240.04
  • Land Lease Expiration Year: 2069
  • Land Lease Type: Lease
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
Nov 15, 2019
Sold by
Baumann Daniel K
Bought by
Baumann Christina M
Seller's Agent
Bobbie Williams
Bennion Deville Homes
Buyer's Agent
Jermaine Wright
eXp Realty of Southern California, Inc
List Price
$189,000
Sold Price
$185,000
Premium/Discount to List
-$4,000
-2.12%
Current Estimated Value
$306,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,844
Avg. Annual Appreciation
9.23%
Original Mortgage
$148,000
Interest Rate
3.75%
Mortgage Type
New Conventional
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
Baumann Christina M -- Orange Coast Title Company
Baumann Michael Joseph -- Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Baumann Michael Joseph $148,000
Closed Lavo Billie Jean $119,920
Closed Gilbert Svetlana $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $185,000 -2.1% $321 / Sq Ft
10/31/2019 10/31/19 For Sale $189,000 0.0% $328 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
08/13/2019 08/13/19 For Sale $189,000 0.0% $328 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
05/24/2019 05/24/19 Price Changed $189,000 -4.5% $328 / Sq Ft
03/28/2019 03/28/19 For Sale $198,000 +32.1% $344 / Sq Ft
09/18/2018 09/18/18 Sold $149,900 0.0% $260 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
08/11/2018 08/11/18 For Sale $149,900 0.0% $260 / Sq Ft
07/29/2018 07/29/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $149,900 +294.5% $260 / Sq Ft
07/19/2013 07/19/13 Sold $38,000 0.0% $66 / Sq Ft
06/21/2013 06/21/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $38,000 -- $66 / 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 $3,301 $232,942 $81,199 $151,743
2023 $3,301 $223,898 $78,047 $145,851
2022 $3,136 $219,509 $76,517 $142,992
2021 $3,061 $215,206 $75,017 $140,189
2020 $3,010 $213,000 $74,248 $138,752
2019 $2,548 $174,900 $65,000 $109,900
2018 $2,282 $152,938 $41,616 $111,322
2017 $2,243 $149,940 $40,800 $109,140
2016 $2,197 $147,000 $40,000 $107,000
2015 $901 $38,758 $18,359 $20,399
2014 $892 $38,000 $18,000 $20,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Bobbie Williams

    Bennion Deville Homes

  • J

    Buyer's Agent in 2019

    Jermaine Wright

    eXp Realty of Southern California, Inc

    (760) 442-7799

    18 Total Sales

    Jermaine Wright
    Section Image

  • S

    Seller's Agent in 2018

    Susan Jacobs

    Bennion Deville Homes

    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Meg Maryatt

    Bennion Deville Homes

    (760) 238-6006

    1 in this area

    14 Total Sales

    Meg Maryatt
    Section Image

  • S

    Seller's Agent in 2013

    Sharon Stein

    Desert Homes and Estates

  • J

    Buyer's Agent in 2013

    Jumi Achermann

    Capitis Real Estate

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219009371

California Desert Association of REALTORS®

APN: 643-071-061

California Riverside County Indian Wells 92210

78130 Cortez Ln Unit 61, Indian Wells, CA

This home is located at 78130 Cortez Ln Unit 61, Indian Wells, CA 92210 since 28 March 2019 and is currently estimated at $306,844, approximately $532 per square foot. This property was built in 1972. 78130 Cortez Ln Unit 61 is a home located in Riverside County with nearby schools including Gerald R. Ford Elementary School, La Quinta Middle School, and Palm Desert High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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