NOT LISTED FOR SALE

78255 Cabrillo Ln Unit 124 Indian Wells, CA 92210

Estimated Value: $404,000 - $439,824

1 Bed
2 Baths
864 Sq Ft
$365/mo HOA Fee

Last Sold February 03, 2023

Last sale price $345,000 $399 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,069/month

93 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Gated Community
  • Gerald R. Ford Elementary School Rated A-
  • Panoramic View
  • Updated Kitchen

About This Home

As of February 2023

Gorgeously renovated Indian Wells condo, full of designer touches, and offering dramatic, up-close VIEWS of mountains, sparkling pool, swaying palms. It's literally a perfect desert getaway! Inside, soaring cathedral-style ceilings, all wood-plank and architectural beams, provide generous room volume and sense of spaciousness. Designer floor tiles, quartz counters, stainless appliances, newly remodeled bathrooms - even inside washer / dryer hookups! Large covered patio for relaxing, grilling, and enjoying the astonishing views. 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

Dan Dye

Bennion Deville Homes License #01806017 Listed on: 10/14/2022

Bennion Deville Homes

Last Buyer's Agent

Darci Hope

Coldwell Banker Residential License #01987666

Coldwell Banker Residential

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,813

Year Built

  • Built in 1972

Lot Details

  • Landscaped
  • Sprinklers on Timer

HOA Fees

  • $365 Monthly HOA Fees

Property Views

  • Panoramic
  • Woods
  • Mountain
  • Desert
  • Hills
  • Pool

Home Design

  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Decorative Fireplace
  • Custom Window Coverings
  • Sliding Doors
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Living Room with Attached Deck
  • Tile Flooring

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Retreat
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry in Bathroom
  • Washer and Dryer Hookup

Parking

  • 2 Car Parking Spaces
  • 2 Parking Garage Spaces
  • Guest Parking
  • Unassigned Parking

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch

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 643060022

Community Details

Overview

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

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,813

Year Built

Built in 1972

Lot Details

0

HOA Fees

$365 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Two
  • Building Number Of Stories: 1
  • Included In Sale: Furnished per inventory
  • List Price per Sq Ft: 434.03
  • Lp Sp Ratio: 0.9200
  • View Type: Desert, Trees/Woods, Pool, Panoramic, Mountain(s), Hills
  • Water District Name: cvwd
  • Year Built: 1972
  • Listing I D: 219085836
  • 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: 74-990 Highway 111, Indian Wells, CA 92210
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Mountain Cove
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Microwave Oven, Stackable W/D Hookup
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Beamed Ceilings, Recessed Lighting, Open Floorplan, Living Room Deck Attached, High Ceilings (9 Ft+), Cathedral Ceiling(s), Built-In Features
  • Fireplace Features: Decorative
  • Flooring: Tile
  • Bedroom Features: Main Floor Bedroom, Master Suite, Master Retreat
  • Total Bedrooms: 1
  • Bathroom Features: Double Vanity(s), Shower Stall, Shower Over Tub, Shower & Tub, Remodeled
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Kitchen Features: Remodeled, Quartz Counters
  • Laundry: Community, In Bathroom
  • Estimated Sq Ft: 864.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Construction: Stucco
  • Other Features: Slab
  • Foundation: Slab
  • Patio: Covered, Balcony
  • Pool: Yes
  • Pool Accessories: Safety Fence, 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
  • Total Parking Spaces: 2.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Security: Gated Community
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Water Heater Unit

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Trash
  • Association Amenities: Controlled Access, Pet Rules, Management, Maintenance Grounds, Guest Parking, Greenbelt/Park
  • HOA Information: Yes
  • HOA Fee 1: 365.00
  • Total Monthly Association Fees: 365.00
  • Unit Location: Second Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 643060022
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Description: Landscaped, Utilities Underground, Street Paved
  • Lot Size: 1742.00

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
Oct 14, 2022
Closed on
Jan 24, 2023
Sold by
Quiring Lawrence David and Quiring Sarah-Jane
Bought by
Pitisi Joseph M
Seller's Agent
Dan Dye
Bennion Deville Homes
Buyer's Agent
Darci Hope
Coldwell Banker Residential
List Price
$429,000
Sold Price
$345,000
Premium/Discount to List
-$84,000
-19.58%
Views
109
Current Estimated Value
$425,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,956
Avg. Annual Appreciation
8.51%

Purchase Details

Closed on
Nov 19, 2010
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Quiring Lawrence David and Quiring Sara Jane

Purchase Details

Closed on
Jul 19, 2010
Sold by
Welsh Kenneth Anthony
Bought by
The Bank Of New York Mellon Trust Compan

Purchase Details

Closed on
Apr 19, 2004
Sold by
Jeske Kc Wm
Bought by
Welsh Kenneth Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2004
Sold by
Indian Wells Holding Llc
Bought by
Jeske Kc William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,600
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2002
Sold by
Perez Denise M and Perez Roberto
Bought by
Perez Roberto and Perez Denise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,900
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 1996
Sold by
White Dennis
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pitisi Joseph M $345,000 Chicago Title
Quiring Lawrence David $100,000 North American Title Group
The Bank Of New York Mellon Trust Compan $102,000 Accommodation
Welsh Kenneth Anthony $165,000 Southland Title
Jeske Kc William $42,000 Southland Title
Perez Roberto -- Chicago Title Co
Federal Home Loan Mortgage Corporation $45,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welsh Kenneth Anthony $132,000
Previous Owner Jeske Kc William $119,600
Previous Owner Perez Roberto $87,900
Previous Owner Mongiello Denise M $51,300
Closed Jeske Kc William $22,425
Closed Welsh Kenneth Anthony $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $345,000 -8.0% $399 / Sq Ft
01/15/2023 01/15/23 Pending -- -- --
01/02/2023 01/02/23 Price Changed $375,000 -6.2% $434 / Sq Ft
11/07/2022 11/07/22 Price Changed $399,900 -6.8% $463 / Sq Ft
10/14/2022 10/14/22 For Sale $429,000 -- $497 / 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 $4,813 $358,938 $62,424 $296,514
2023 $4,813 $123,127 $30,777 $92,350
2022 $1,926 $120,714 $30,174 $90,540
2021 $1,875 $118,348 $29,583 $88,765
2020 $1,847 $117,135 $29,280 $87,855
2019 $1,819 $114,839 $28,706 $86,133
2018 $1,792 $112,589 $28,145 $84,444
2017 $1,763 $110,383 $27,594 $82,789
2016 $1,729 $108,219 $27,053 $81,166
2015 $1,735 $106,596 $26,648 $79,948
2014 $1,713 $104,510 $26,127 $78,383
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219085836

California Desert Association of REALTORS®

APN: 643-060-022