NOT LISTED FOR SALE

80623 Veranda Ln Indio, CA 92201

Estimated Value: $630,000 - $749,000

5 Beds
3 Baths
1,769 Sq Ft
$401/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $760,000 $430 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,640/month

8 Days on Market

Highlights

  • Filtered Pool
  • Mountain View
  • Sun or Florida Room
  • Primary Bedroom Suite
  • Deck
  • Private Yard

About This Home

As of March 2023

TURN-KEY MONEY-MAKING SHORT-TERM RENTAL WITH SOLID FINANCIAL RECORDS! Featured as a Rare Find Home on Airbnb. This stylish fully furnished desert family home or vacation rental boasts 5BR, 3BA, 1796 sq feet with a 2 car garage currently used as a game room with a new split system HVAC, pool/spa, Gazebo, and a relaxing backyard escape! 80623 Veranda LN offers the prestige and luxury of a newer home while maintaining the warmth and serenity of what a real home looks and feels like. Tastefully upgraded open floor plan with vaulted ceilings, Newer shutters and so much more. The home was recently painted inside and out, with new laminate flooring, recess lighting, I-Aqualink for automated control for the pool/spa, New pool tiles, new sod front and back including a new irrigation system and ficus trees, and New HVAC. Located within a short distance of golf, dining, casinos, and Polo Grounds, 80623 Veranda Ln offers the elegance of a truly elite home while having no HOA. This is an opportunity not to be missed!

Last Agent to Sell the Property

Jack Kassabian

Equity Union License #01746030 Listed on: 02/21/2023

Last Buyer's Agent

Jack Kassabian

Equity Union License #01746030 Listed on: 02/21/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 7,841 Sq Ft Lot
  • Drip System Landscaping
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Turnkey
  • Slab Foundation

Interior Spaces

  • 1,769 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Mountain Views

Kitchen

  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Corian Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • In Ground Spa
  • Gas Heated Pool
  • Saltwater Pool

Outdoor Features

  • Deck
  • Slab Porch or Patio
  • Exterior Lighting
  • Gazebo

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 256
  • Assessor Parcel Number 600250006

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Security System, Smoke Detector(s)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 600250006
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1769.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 429.62
  • Room Type: Den, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Sun, Walk-In Closet
  • Spa Features: In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Corian Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Gazebo
  • View: Mountain(s)
  • Patio And Porch Features: Deck, Patio Open, Slab
  • Pool Features: Private, Filtered, Heated, Gas Heat, In Ground, Salt Water
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 452.24
  • Tax Lot: 5
  • Tax Tract Number: 256...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
Mar 2, 2023
Sold by
Harutyunyan Gayane
Bought by
Castellanos Carlos and Siva Carl
Seller's Agent
Jack Kassabian
Equity Union
Buyer's Agent
Jack Kassabian
JohnHart Real Estate
List Price
$790,000
Sold Price
$760,000
Premium/Discount to List
-$30,000
-3.8%
Views
30
Current Estimated Value
$708,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,332
Avg. Annual Appreciation
-2.48%
Original Mortgage
$684,000
Outstanding Balance
$662,488
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$46,180

Purchase Details

Closed on
Jan 31, 2022
Sold by
Byuzand Gamerian
Bought by
Harutyunyan Gayane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2022
Sold by
2016 Teresa Wen-Chuan Tsai Revocable Tru
Bought by
Harutyunyan Gayane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2018
Sold by
Harvey Curt D and Tsai Wen Chuan
Bought by
Harvey Curt D

Purchase Details

Closed on
Jul 17, 2009
Sold by
Bank Of America National Association
Bought by
Harvey Curt D

Purchase Details

Closed on
Jun 15, 2009
Sold by
Rizio Lawrence A and Rizio Laurinda E
Bought by
Bank Of America National Association

Purchase Details

Closed on
Oct 25, 2006
Sold by
Rizio Lawrence A and Rizio Laurinda E
Bought by
Rizio Lawrence A and Rizio Laurinda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.39%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 25, 2003
Sold by
Bryant Kami E
Bought by
Rizio Lawrence A and Spence Laurinda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2002
Sold by
Romero Fernando P and Romero Virginia R
Bought by
Bryant Kami E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 1993
Sold by
The 48Th Avenue Partners Lp
Bought by
Romero Fernando P and Romero Virginia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,690
Interest Rate
7.21%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Castellanos Carlos $760,000 Lawyers Title
Harutyunyan Gayane -- Lawyers Title
Harutyunyan Gayane $555,000 Lawyers Title
Harvey Curt D -- None Available
Harvey Curt D $145,000 Placer Title Company
Bank Of America National Association $161,282 Accommodation
Rizio Lawrence A -- Commonwealth Land Title Co
Rizio Lawrence A $245,000 Old Republic Title Company
Bryant Kami E $195,000 Orange Coast Title
Romero Fernando P $127,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castellanos Carlos $684,000
Previous Owner Harutyunyan Gayane $444,000
Previous Owner Rizio Lawrence A $340,000
Previous Owner Rizio Lawrence A $180,000
Previous Owner Bryant Kami E $156,000
Previous Owner Romero Fernando P $126,690
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2023 03/28/23 Sold $760,000 -3.8% $430 / Sq Ft
02/21/2023 02/21/23 For Sale $790,000 -- $447 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,260 $790,702 $197,678 $593,024
2023 $11,260 $566,100 $91,800 $474,300
2022 $4,599 $255,840 $61,461 $194,379
2021 $4,042 $250,824 $60,256 $190,568
2020 $3,748 $248,253 $59,639 $188,614
2019 $3,655 $243,386 $58,470 $184,916
2018 $2,668 $164,485 $41,119 $123,366
2017 $2,619 $161,261 $40,313 $120,948
2016 $2,581 $158,100 $39,523 $118,577
2015 $2,546 $155,727 $38,930 $116,797
2014 $2,521 $152,678 $38,168 $114,510
Source: Public Records

Agents Affiliated with this Home

  • Jack Kassabian

    Seller's Agent in 2023

    Jack Kassabian

    Equity Union

    (818) 335-3995

    7 in this area

    32 Total Sales

    Jack Kassabian
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23029814

California Regional Multiple Listing Service (CRMLS)

APN: 600-250-006

California Riverside County Indio 92201

80623 Veranda Ln, Indio, CA

Not Listed for Sale

Detached

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