NOT LISTED FOR SALE

78175 Cabrillo Ln Unit 45 Indian Wells, CA 92210

Estimated Value: $280,000 - $349,000

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

Last Sold November 21, 2022

Last sale price $299,000 $519 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,354/month

15 Days on Market

Highlights

  • Unit is on the top floor
  • In Ground Pool
  • Gated Community
  • Gerald R. Ford Elementary School Rated A-
  • Panoramic View
  • Updated Kitchen

About This Home

As of November 2022

Unbelievable price for Indian Wells - plus, you OWN THE LAND! Beautifully updated condo totally surrounded by truly dramatic, up-close VIEWS of mountains, sparkling pool, swaying palms. Don't be fooled by the small square footage...this studio condo is fully equipped, fully functional, and you won't believe the totally efficient layout. Soaring, cathedral-style ceilings are gorgeous tongue-and-groove wood plank with architectural beams, providing a sense of additional spaciousness to the unit. Lots of designer touches throughout. Mountain Cove is a guard-gated community directly adjacent to the legendary Indian Wells CC. Walking distance to the BNP Paribas, grocery, top restaurants, shopping. Short 10 minute drive to the famed El Paseo shopping district. Indian Wells residents enjoy steep discounts on resort dining, spa treatments, etc. , plus free use of Grand Hyatt fitness center, deeply discounted golf on TWO 18-hole championship courses, and so much more. This condo is on Imperial Irrigation District (IID) which offers substantially lower electric costs to its users! Another MAJOR perk to this unit is that the HOA allows 7-DAY RENTALS, which is practically unheard of these days, so use the unit when you want - and make money renting it other times! Very attractive rental investment! In addition, the condo comes FURNISHED, per inventory list, so you can begin enjoying the desert lifestyle immediately! Plus, you OWN the land. .. no land lease!

Last Agent to Sell the Property

Mark Beckloff

Bennion Deville Homes License #01805986 Listed on: 11/03/2022

Last Buyer's Agent

Brittany Schoor

Socalhomeshop Inc. License #01468869

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,147

Year Built

  • Built in 1972

Lot Details

  • Cul-De-Sac
  • Drip System Landscaping
  • Paved or Partially Paved Lot
  • Sprinklers on Timer

HOA Fees

  • $244 Monthly HOA Fees

Parking

  • Unassigned Parking

Property Views

  • Panoramic
  • Woods
  • Mountain
  • Desert
  • Hills
  • Park or Greenbelt
  • Pool

Home Design

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

Interior Spaces

  • 576 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Custom Window Coverings
  • Blinds
  • Entrance Foyer
  • Great Room
  • Dining Area
  • Ceramic Tile Flooring

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • Studio bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Location

  • Unit is on the top floor
  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Property is located within a water district
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 643071045

Community Details

Overview

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

Amenities

  • Community Mailbox

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,147

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
  • Levels: One, Top
  • Building Style: Traditional
  • Entry Location: Foyer
  • Included In Sale: Furnished per inventory
  • List Price per Sq Ft: 519.10
  • Lp Sp Ratio: 1.0000
  • View Type: Desert, Trees/Woods, Pool, Panoramic, Park/Green Belt, Mountain(s), Hills
  • Water District Name: cvwd
  • Year Built: 1972
  • Listing I D: 219086771
  • 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: 7543 Jerez Court, Carlsbad, CA 92009
  • Land Type: Fee
  • Subdivision: Mountain Cove
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Electric Oven
  • Interior Amenities: Beamed Ceilings, Open Floorplan, High Ceilings (9 Ft+), Cathedral Ceiling(s), Built-In Features
  • Flooring: Ceramic Tile, Tile
  • Bedroom Features: Main Floor Bedroom
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Eating Areas: Dining Area
  • Kitchen Features: Remodeled
  • Estimated Sq Ft: 576.00
  • Windows Treatments: Custom Window Covering, Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, Premium Lot, Slab
  • Roofing: Tile
  • Foundation: Slab
  • Patio: Covered, Deck
  • Pool: Yes
  • Pool Accessories: Safety Gate
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground, Fenced
  • Pool Location: Community
  • Planned Unit Development: Yes
  • View: Yes

Garage/Parking

  • Parking: Unassigned

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Security: Card/Code Access, Gated Community, Community
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Water Heater Unit

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
  • Association Amenities: Controlled Access, Pet Rules, Maintenance Grounds
  • HOA Information: Yes
  • HOA Fee 1: 244.00
  • Total Monthly Association Fees: 244.00
  • Unit Location: Second Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 643071045
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Description: Curbs, Utilities Underground, Street Paved, Landscaped
  • Lot Location: Cul-De-Sac, Near Public Transit
  • Lot Size: 436.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Nov 10, 2022
Sold by
El Sol Ventures Inc
Bought by
Whitmore Christopher
Seller's Agent
Mark Beckloff
Bennion Deville Homes
Buyer's Agent
Brittany Schoor
Socalhomeshop Inc.
List Price
$299,000
Sold Price
$299,000
Views
10
Current Estimated Value
$322,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,165
Avg. Annual Appreciation
2.96%

Purchase Details

Closed on
Sep 7, 2017
Sold by
Zdunich Lucille
Bought by
El Sol Ventures Inc

Purchase Details

Listed on
Apr 15, 2014
Closed on
Jul 28, 2014
Sold by
Zdunich Allan George
Bought by
Zdunich Lucille M
Seller's Agent
Mark Beckloff
Bennion Deville Homes
Buyer's Agent
Mark Beckloff
Bennion Deville Homes
List Price
$119,000
Sold Price
$117,500
Premium/Discount to List
-$1,500
-1.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$60,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2014
Sold by
Chancery Offshore Managers Limited
Bought by
Zdunich Lucille

Purchase Details

Listed on
Mar 26, 2012
Closed on
Sep 11, 2012
Sold by
Patterson Joel R
Bought by
Chancery Offshore Managers Limited
Seller's Agent
Mark Beckloff
Bennion Deville Homes
Buyer's Agent
Mark Beckloff
Bennion Deville Homes
List Price
$90,000
Sold Price
$85,000
Premium/Discount to List
-$5,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%

Purchase Details

Closed on
Aug 31, 2004
Sold by
Sandpiper Development Co
Bought by
Colvin Gary S and Colvin Carolyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,300
Interest Rate
4.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2004
Sold by
Colvin Carolyn M and Colvin Gary S
Bought by
Patterson Joel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,300
Interest Rate
4.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 1999
Sold by
Michael Pinkston
Bought by
Staton Ann L
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
Whitmore Christopher $299,000 Lawyers Title
El Sol Ventures Inc -- None Available
Zdunich Lucille M -- Orange Coast Title Company
Zdunich Lucille $117,500 Orange Coast Title Company
Chancery Offshore Managers Limited $85,000 Orange Coast Title Company
Colvin Gary S $11,000 First American Title Co
Patterson Joel R $165,000 First American Title Co
Staton Ann L -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zdunich Lucille M $60,000
Previous Owner Patterson Joel R $41,000
Previous Owner Patterson Joel R $154,000
Previous Owner Patterson Joel R $148,300
Previous Owner Baumel Carolyn Sue $59,600
Previous Owner Baumel Carolyn Sue $14,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $299,000 0.0% $519 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $299,000 +154.5% $519 / Sq Ft
08/12/2014 08/12/14 Sold $117,500 -1.3% $204 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $119,000 +40.0% $207 / Sq Ft
09/15/2012 09/15/12 Sold $85,000 -5.6% $148 / Sq Ft
08/17/2012 08/17/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $90,000 -- $156 / 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 $4,147 $543,088 $78,030 $465,058
2023 $4,147 $298,500 $75,000 $223,500
2022 $3,564 $133,067 $33,973 $99,094
2021 $3,509 $130,458 $33,307 $97,151
2020 $3,478 $129,121 $32,966 $96,155
2019 $3,448 $126,590 $32,320 $94,270
2018 $3,418 $124,109 $31,687 $92,422
2017 $3,387 $121,676 $31,066 $90,610
2016 $3,349 $119,291 $30,457 $88,834
2015 $3,356 $117,500 $30,000 $87,500
2014 $1,410 $80,000 $24,000 $56,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219086771

California Desert Association of REALTORS®

APN: 643-071-045