NOT LISTED FOR SALE

78130 Cortez Ln Unit 68 Indian Wells, CA 92210

Estimated Value: $274,000 - $310,747

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

Last Sold November 21, 2017

Last sale price $125,000 $217 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,026/month

2 Days on Market

Highlights

  • Heated In Ground Pool
  • Gated Community
  • End Unit
  • Gerald R. Ford Elementary School Rated A-
  • Mountain View
  • Wrap Around Porch

About This Home

As of November 2017

Tucked back against the mountains of Indian Wells Cove is a little piece of heaven .Enjoy the peaceful tranquility of this special location. Ground floor unit with fabulous views of the mountains. This is one of the few units on FEE SIMPLE land. (no lease payments here). Owners can take advantage of many benefits the city of Indian Wells has to offer. Low golf rates at the world famous golf resort, access to gym facilities at the Hyatt along with discounts at the resort's restaurant , golf and tennis facilities. Newer A/C and Water Heater. Two community pools only steps away.

Last Agent to Sell the Property

Louis Gonzalez

Bennion Deville Homes License #00596716 Listed on: 09/26/2017

Bennion Deville Homes

Last Buyer's Agent

Joshua Devane

HK Lane Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,212

Year Built

  • Built in 1972

Lot Details

  • End Unit
  • Home has sun exposure from multiple directions

HOA Fees

  • $244 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 576 Sq Ft Home
  • Mountain Views
  • Electric Cooktop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Additional Features

  • Wrap Around Porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 643071068

Community Details

Overview

  • Association fees include building & grounds, trash
  • Mountain Cove Subdivision

Amenities

  • Laundry Facilities
  • Community Mailbox

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,212

Year Built

Built in 1972

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Front Door Faces East, Leisure Faces South, Leisure Faces West
  • Levels: Ground
  • Builders Tract Code: Mountain Cove
  • Entry Location: Ground Level w/Steps
  • List Price per Sq Ft: 208.16
  • Lp Sp Ratio: 1.0425
  • View Type: Mountain(s)
  • Year Built: 1972
  • Co Selling Office Address: 74-910 Highway 111, Indian Wells Main Office, Indian Wells, CA 92210
  • Co Selling Office Fax: (760) 773-3959
  • Listing I D: 217025804
  • Listing Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 340-9254
  • Selling Office Address: 47350 Washington St. Ste. 101, La Quinta, CA 92253
  • Selling Office Fax: (760) 564-7969
  • Land Type: Fee
  • Subdivision: Mountain Cove
  • Special Features: None

Interior Features

  • Appliances: Electric Cooktop
  • Flooring: Carpet, Tile
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Laundry: Community
  • Estimated Sq Ft: 576.00

Exterior Features

  • Patio: Wrap Around
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated
  • View: Yes

Garage/Parking

  • Parking: Unassigned

Utilities

  • Heating: Forced Air
  • Heating Fuel: Electric
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Electric

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Trash
  • Association Amenities: Pet Rules
  • HOA Information: Yes
  • HOA Fee 1: 244.00
  • Total Monthly Association Fees: 244.00
  • Unit Location: End Unit, Ground Floor

Lot Info

  • Assessor Parcel Number: 643071068
  • Lot Acres: 0.0100
  • Lot Size: 436.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2017
Closed on
Oct 5, 2017
Sold by
Brown James L
Bought by
Garcia Kathleen Anne
Seller's Agent
Louis Gonzalez
Bennion Deville Homes
Buyer's Agent
Joshua Devane
HK Lane Real Estate
List Price
$119,900
Sold Price
$125,000
Premium/Discount to List
$5,100
4.25%
Current Estimated Value
$293,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,187
Avg. Annual Appreciation
11.60%
Original Mortgage
$100,000
Interest Rate
3.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Garcia Kathleen Anne $125,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Kathleen Anne $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2017 11/21/17 Sold $125,000 +4.3% $217 / Sq Ft
09/28/2017 09/28/17 Pending -- -- --
09/26/2017 09/26/17 For Sale $119,900 -- $208 / 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 $2,212 $142,224 $35,270 $106,954
2023 $2,212 $136,702 $33,901 $102,801
2022 $2,089 $134,023 $33,237 $100,786
2021 $2,034 $131,396 $32,586 $98,810
2020 $2,003 $130,049 $32,252 $97,797
2019 $1,973 $127,500 $31,620 $95,880
2018 $1,943 $125,000 $31,000 $94,000
2017 $1,123 $57,543 $17,920 $39,623
2016 $1,104 $56,416 $17,569 $38,847
2015 $1,107 $55,570 $17,306 $38,264
2014 $1,096 $54,483 $16,968 $37,515
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217025804

California Desert Association of REALTORS®

APN: 643-071-068