NOT LISTED FOR SALE

80738 Mountain Mesa Dr Indio, CA 92201

Estimated Value: $560,000 - $694,000

5 Beds
2 Baths
2,502 Sq Ft
$238/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $550,000 $220 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,755/month

74 Days on Market

Highlights

  • Sunken Shower or Bathtub
  • Double Vanity
  • Stone Porch or Patio
  • 2 Car Attached Garage
  • Breakfast Bar
  • Tile Countertops

About This Home

As of May 2024

Discover the allure of this expansive 5-bedroom, 2-bathroom residence nestled within the inviting confines of Madison Ranch, a coveted community in Indio, CA. Positioned as an enticing investment opportunity, this home is currently tenant-occupied and situated in a neighborhood that embraces short-term rentals, offering potential of lucrative returns. With its generous floor plan, this property caters effortlessly to various living arrangements, boasting multiple guest bedrooms that ensure ample space for family, friends, or tenants. The grand master suite serves as a sanctuary within, featuring a spacious layout and a master bathroom adorned with dual vanities, a rejuvenating shower, and a separate soaking tub--a luxurious retreat to unwind and indulge in.Outside, the landscape echoes the natural beauty of the desert surroundings, with desert landscaping adorning the front and adding to the property's curb appeal. Meanwhile, the backyard offers a delightful fusion of greenery and rugged charm, with a sizable section of lush grass complemented by carefully placed rocks and verdant bushes, providing a serene backdrop for outdoor enjoyment and relaxation. Beyond its current state, this property holds immense potential for customization and personalization, presenting a blank canvas for homeowners to infuse their unique style and preferences. Whether you envision it as a primary residence, an investment property, or a vacation retreat.

Last Agent to Sell the Property

Jelmberg Team

KW Coachella Valley License #01765542 Listed on: 03/18/2024

Last Buyer's Agent

GPS Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,386

Year Built

  • Built in 2003

Lot Details

  • 7,841 Sq Ft Lot
  • Home has North and South Exposure
  • Drip System Landscaping

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,502 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room with Fireplace
  • Dining Area
  • Utility Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Kitchen Island
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sunken Shower or Bathtub
  • 2 Full Bathrooms
  • Double Vanity
  • Shower Only

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Additional Features

  • Stone Porch or Patio
  • Forced Air Heating and Cooling System

Community Details

  • Madison Ranch Subdivision
  • Security Service

Listing and Financial Details

  • Assessor Parcel Number 600350056

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,386

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South, Leisure Faces North
  • Levels: Ground Level, No Unit Above
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 229.82
  • Lp Sp Ratio: 0.9600
  • Year Built: 2003
  • Listing I D: 219108968
  • Listing Office Address: 7898 Mission Grove Pkwy S #102, Riverside, CA 92508
  • Selling Office Address: 4045 E Ramon Rd, Palm Springs, CA 92264
  • Land Type: Fee
  • Subdivision: Madison Ranch
  • Special Features: None

Interior Features

  • Appliances: Gas Cooktop, Microwave Oven, Gas Oven
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas
  • Flooring: Carpet, Tile
  • Total Bedrooms: 5
  • Bathroom Features: Double Vanity(s), Sunken Tub, Fiberglass Shower
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Kitchen Island, Dining Area
  • Kitchen Features: Island, Tile Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 2502.00
  • Windows Treatments: Blinds, Drapes

Exterior Features

  • Roofing: Tile
  • Foundation: Slab
  • Patio: Concrete Slab, Rock - Stone
  • Planned Unit Development: No

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air
  • Security: Community
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 600350056
  • Irrigation: Drip System
  • Lot Size: 7841.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Apr 12, 2024
Sold by
Freeze Family Trust and Freeze Kevin D
Bought by
Gurusinghe & Chagar Trust and Gurusinghe
Seller's Agent
Jelmberg Team
KW Coachella Valley
Buyer's Agent
GPS Non Member
Non Member Office
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Views
13
Current Estimated Value
$596,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,134
Avg. Annual Appreciation
6.49%
Original Mortgage
$412,500
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2004
Sold by
Freeze Gary and Freeze Darlene
Bought by
Freeze Gary L and Freeze Darlene Rae
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
Gurusinghe & Chagar Trust $550,000 First American Title
Freeze Gary L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gurusinghe And Chagar Trust $615,000
Previous Owner Gurusinghe & Chagar Trust $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $550,000 -4.3% $220 / Sq Ft
03/18/2024 03/18/24 For Sale $575,000 -- $230 / 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 $6,386 $626,000 $140,250 $485,750
2023 $6,386 $323,855 $81,981 $241,874
2022 $5,467 $317,506 $80,374 $237,132
2021 $5,214 $311,282 $78,799 $232,483
2020 $4,738 $308,092 $77,992 $230,100
2019 $4,626 $302,052 $76,463 $225,589
2018 $4,496 $296,130 $74,965 $221,165
2017 $4,410 $290,325 $73,496 $216,829
2016 $4,326 $284,633 $72,055 $212,578
2015 $4,339 $280,360 $70,974 $209,386
2014 $4,283 $274,871 $69,585 $205,286
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219108968

California Desert Association of REALTORS®

APN: 600-350-056