NOT LISTED FOR SALE

80548 Veranda Ln Indio, CA 92201

Estimated Value: $412,000 - $530,000

4 Beds
2 Baths
1,844 Sq Ft
$266/Sq Ft Est. Value

Last Sold December 18, 2014

Last sale price $212,200 $115 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,947/month

12 Days on Market

About This Home

As of December 2014

Short Sale. Located within the community of The Verandas. This home has 4 bedrooms, 2 full bathrooms, approx. 1844 sq ft of living space, ceramic tile,living & dining areas, fireplace, kitchen island w/breakfast bar, double sinks in master bathroom, indoor laundry room, attached 2-car garage; covered patio and swimming pool.

Last Agent to Sell the Property

Luis Frias

Desert Choice Realty License #01480322 Listed on: 09/24/2014

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Home Details

Home Type

Single Family

Year Built

1998

Lot Details

0

Parking

2

Listing Details

  • Cross Street: YOUNGS LN AND SHIELD RD
  • Active Date: 2014-11-07
  • Full Bathroom: 2
  • Building Size: 1844.0
  • Building Structure Style: Ranch
  • Driving Directions: From Hwy 111 turn South on Jefferson St and East on Ave 48 to Youngs Ln to Veranda Ln OR from Hwy 111 turn South on Madison St, West on Avenue 48, to Youngs Ln, to Veranda Ln.
  • Full Street Address: 80548 VERANDA LN
  • Pool Construction: In Ground
  • Primary Object Modification Timestamp: 2014-12-22
  • View Type: No View
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1998

Interior Features

  • Advertising Remarks: Short Sale. Located within the community of The Verandas. This home has 4 bedrooms, 2 full bathrooms, approx. 1844 sq ft of living space, ceramic tile,living & dining areas, fireplace, kitchen island w/breakfast bar, double sinks in master bathroom, indoo
  • Total Bedrooms: 4
  • Builders Tract Code: 1850
  • Builders Tract Name: THE VERANDAS
  • Fireplace: Yes
  • Levels: One Level
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Gas Or Electric Dryer Hookup
  • Floor Material: Carpet, Ceramic Tile
  • Kitchen Features: Ceramic Counters
  • Laundry: Laundry Area
  • Pool: Yes

Exterior Features

  • View: No
  • Lot Size Sq Ft: 7841
  • Common Walls: Detached/No Common Walls
  • Fence: Block Wall, Wood
  • Roofing: Concrete Tile
  • Water: District/Public

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Type: Garage Is Attached, Garage - Two Door

Utilities

  • Sewer: In, Connected & Paid
  • Water District: INDIO WATER AUTHORITY
  • Water Heater: Water Heater Central, Gas
  • Cooling Type: Air Conditioning, Central A/C
  • Heating Type: Central Furnace, Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2014
Closed on
Nov 21, 2014
Sold by
Ferguson Bertha C
Bought by
Sorensen Steven P
Seller's Agent
Luis Frias
Desert Choice Realty
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$200,000
Sold Price
$212,200
Premium/Discount to List
$12,200
6.1%
Current Estimated Value
$491,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,815
Avg. Annual Appreciation
7.90%
Original Mortgage
$169,760
Outstanding Balance
$130,042
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$360,973

Purchase Details

Closed on
Jan 29, 2014
Sold by
Ferguson Conrad Scott
Bought by
Ferguson Bertha C

Purchase Details

Closed on
Sep 29, 2005
Sold by
Ferguson Bertha
Bought by
Ferguson C Scott and Ferguson Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.42%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 19, 1998
Sold by
The 48Th Avenue Partners Lp
Bought by
Ferguson C Scott and Ferguson Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,931
Interest Rate
7.13%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sorensen Steven P $212,500 Lawyers Title Company
Ferguson Bertha C -- None Available
Ferguson C Scott -- Southland Title
Ferguson Bertha -- Southland Title
Ferguson C Scott $126,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorensen Steven P $169,760
Previous Owner Ferguson Bertha $230,000
Previous Owner Ferguson C Scott $123,931
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2014 12/18/14 Sold $212,200 +6.1% $115 / Sq Ft
11/07/2014 11/07/14 For Sale $200,000 -5.7% $108 / Sq Ft
10/28/2014 10/28/14 Off Market $212,200 -- --
10/06/2014 10/06/14 Pending -- -- --
09/24/2014 09/24/14 For Sale $200,000 -- $108 / Sq Ft
Source: Palm Springs Regional 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 $4,490 $255,381 $63,842 $191,539
2023 $4,490 $245,466 $61,364 $184,102
2022 $4,081 $240,654 $60,161 $180,493
2021 $4,020 $235,936 $58,982 $176,954
2020 $3,654 $233,518 $58,378 $175,140
2019 $3,565 $228,940 $57,234 $171,706
2018 $3,481 $224,452 $56,112 $168,340
2017 $3,417 $220,052 $55,012 $165,040
2016 $3,361 $215,738 $53,934 $161,804
2015 $3,305 $212,500 $53,125 $159,375
2014 $2,908 $186,143 $26,042 $160,101
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 14-796281PS

APN: 600-302-003