NOT LISTED FOR SALE

78155 Cabrillo Ln Unit 31 Indian Wells, CA 92210

Estimated Value: $302,000 - $335,000

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

Last Sold October 18, 2019

Last sale price $184,000 $319 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,213/month

8 Days on Market

Highlights

  • Heated In Ground Pool
  • Gated Community
  • 2 Fireplaces
  • Gerald R. Ford Elementary School Rated A-
  • Mountain View
  • Tile Flooring

About This Home

As of October 2019

Beautiful Desert Oasis in Indian Wells. Fully upgraded Studio with separate bedroom area offered TURNKEY. Ready for Desert's high season-LQ Art Show-BNP Paribas-Coachella. Perfect for year-round living or seasonal rental.Enjoy $35-50 green fees at the Indian Wells Golf Resort along with many other community benefits. If you are attracted to the desert's art, tennis, music, golf, fine restaurants or just want to lounge in the welcoming sunshine, this is your place. In gated Mountain Cove, this lower unit has spectacular westerly views of the mountains and pool. Beautiful grounds and 3 swimming pools. Gourmet kitchen with quartz and stainless steel. Large walk-in shower. Sleeps 4 with king platform bed/queen sofa bed. 43 Roku streaming TV and pre-wired cable/WIFI. Open the window wall to the deck with a BBQ and dining. Newly renovated. IID electric service area with lower electric rates. Move-in ready. Everything that you will need is here to enjoy your new home.

Last Agent to Sell the Property

Gary Morlock

Berkshire Hathaway HomeServices California Properties License #02008544 Listed on: 08/21/2019

Last Buyer's Agent

Veronica Mendoza

Rosenthal & Associates License #01352896

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,245

Year Built

  • Built in 1972

Lot Details

  • Home has East and West Exposure
  • Land Lease of $1,980 expires <<landLeaseExpirationDate>>

HOA Fees

  • $244 Monthly HOA Fees

Property Views

  • Mountain
  • Pool

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 576 Sq Ft Home
  • 2 Fireplaces

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 2 Car Parking Spaces
  • Guest Parking

Additional Features

  • Heated In Ground Pool
  • Ground Level
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 643071031

Community Details

Overview

  • Association fees include building & grounds
  • 180 Units
  • Mountain Cove Subdivision
  • On-Site Maintenance
  • Planned Unit Development

Recreation

  • Community Pool

Additional Features

  • Community Mailbox
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,245

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: Front Door Faces East, Leisure Faces West
  • Levels: Ground
  • Builders Tract Code: Mountain Cove
  • Entry Floor: 1
  • Included In Sale: Furnishings per seller inventory
  • List Price per Sq Ft: 328.13
  • Lp Sp Ratio: 0.9700
  • Unit Total In Complex: 180
  • View Type: Mountain(s), Pool
  • Year Built: 1972
  • Listing I D: 219022431
  • Listing Office Address: 73700 El Paseo, Palm Desert, CA 92260
  • Listing Office Fax: (760) 404-0154
  • Selling Office Address: 72880 Fred Waring Dr Ste B-9, Palm Desert, CA 92260
  • Selling Office Fax: (760) 773-3096
  • Land Type: Lease
  • Subdivision: Mountain Cove
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Estimated Sq Ft: 576.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Planned Unit Development: Yes
  • View: Yes

Garage/Parking

  • Parking: Guest
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Sewer: In, Connected and Paid

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds
  • Association Amenities: Maintenance Grounds
  • HOA Information: Yes
  • HOA Fee 1: 244.00
  • Total Monthly Association Fees: 244.00

Lot Info

  • Assessor Parcel Number: 643071031
  • Lot Acres: 0.0100
  • Lot Size: 436.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Amt Annual: 1980.00
  • Land Lease Expiration Year: 1
  • Land Lease Type: Lease
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2018
Closed on
Mar 15, 2018
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kulafofski Sabedin and Parpia Rahim
Seller's Agent
Evan Badt
EB Investments
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$113,900
Sold Price
$114,900
Premium/Discount to List
$1,000
0.88%
Current Estimated Value
$314,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,292
Avg. Annual Appreciation
14.56%

Purchase Details

Closed on
Jan 24, 2014
Sold by
Contreras Rudolph V
Bought by
Clubview Homeowners Association

Purchase Details

Closed on
Oct 23, 2013
Sold by
Contreras Rudolph V
Bought by
Clubview Homeowners Association

Purchase Details

Closed on
Feb 21, 2007
Sold by
Contreras Becky
Bought by
Contreras Rudolph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.97%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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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
Kulafofski Sabedin $115,000 First American Title
Clubview Homeowners Association $13,851 None Available
Clubview Homeowners Association $13,851 None Available
Contreras Rudolph -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Contreras Rudolph $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $184,000 -2.6% $319 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $189,000 +64.5% $328 / Sq Ft
04/19/2018 04/19/18 Sold $114,900 +0.9% $199 / Sq Ft
03/08/2018 03/08/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $113,900 -- $198 / 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 $3,245 $228,294 $77,373 $150,921
2023 $3,245 $219,430 $74,369 $145,061
2022 $3,083 $215,128 $72,911 $142,217
2021 $3,008 $210,911 $71,482 $139,429
2020 $2,958 $208,750 $70,750 $138,000
2019 $2,295 $154,020 $35,700 $118,320
2018 $2,159 $75,411 $21,545 $53,866
2017 $1,321 $73,933 $21,123 $52,810
2016 $1,298 $72,484 $20,709 $51,775
2015 $1,302 $71,398 $20,399 $50,999
2014 $1,410 $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: 219022431

California Desert Association of REALTORS®

APN: 643-071-031