NOT LISTED FOR SALE

80766 Desert Spur Dr Indio, CA 92201

Estimated Value: $684,000 - $752,941

4 Beds
2 Baths
2,238 Sq Ft
$320/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $740,000 $331 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,775/month

47 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Laundry Room
  • Mountain View
  • 3 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of May 2024

Beautiful Short-Term rental Airbnb pool home with "NO RENTAL RESTRICIONS", NO HOA! near the "Coachella" location ready to sell to a short-term rental investor. or end user as well! This property has everything it needs for guests to feel comfortable on their stay, and has many returning guests who pay top dollar for staying. There is a 5th room addition as well adding more Airbnb desirability for rental and income potential! This home has 14 solar panels that are paid off! Owner is generating good yearly income, but property is too busy for him to keep up. Selling at a discount, come see it before its gone!

Last Agent to Sell the Property

Alfred Saiz

ALL ENCOMPASS REALTY Brokerage Phone: 626-354-0764 License #01384010 Listed on: 02/17/2024

Last Buyer's Agent

Nonna Gasparyan

Coldwell Banker Hallmark Realty License #01773402

Coldwell Banker Hallmark Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,270

Year Built

  • Built in 2003

Lot Details

  • 8,712 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Attached Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Entry on the 1st floor
  • Planned Development

Interior Spaces

  • 2,238 Sq Ft Home
  • 1-Story Property
  • Great Room with Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • In Ground Pool
  • Urban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 66
  • Tax Tract Number 305
  • Assessor Parcel Number 600360022
  • $1,829 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,270

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 600360022
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2238.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Great Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 330.65
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Urban

Schools

  • School District: Desert Sands Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8712.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 452.24
  • Tax Lot: 66
  • Tax Tract Number: 305...
  • TaxOtherAnnualAssessmentAmount: 1829.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2024
Closed on
May 15, 2024
Sold by
Khachatourian Jasmin
Bought by
Mikhaeilyan Maeis
Seller's Agent
Alfred Saiz
ALL ENCOMPASS REALTY
Buyer's Agent
Nonna Gasparyan
Coldwell Banker Hallmark Realty
List Price
$685,000
Sold Price
$740,000
Premium/Discount to List
$55,000
8.03%
Views
4527
Current Estimated Value
$715,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,515
Avg. Annual Appreciation
-2.34%
Original Mortgage
$592,000
Outstanding Balance
$583,604
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$131,881

Purchase Details

Closed on
Aug 8, 2023
Sold by
Lai Zhenke and Wu Jianping
Bought by
Mikhaeilyan Manuel and Mikhaeilyan Maeis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2022
Closed on
Apr 15, 2022
Sold by
Holm and Lynn
Bought by
Lai Zhenke and Wu Jianping
Seller's Agent
Sean Carbajal
HomeSmart
Buyer's Agent
Sean Carbajal
HomeSmart Professionals
List Price
$699,000
Sold Price
$800,000
Premium/Discount to List
$101,000
14.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.21%
Original Mortgage
$632,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2003
Sold by
Desert Cheyenne Inc
Bought by
Holm Dean and Holm Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,899
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
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
Mikhaeilyan Maeis -- California Best Title
Mikhaeilyan Manuel $740,000 California Best Title
Mikhaeilyan Manuel $740,000 California Best Title
Lai Zhenke $800,000 Fidelity National Title
Holm Dean $225,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mikhaeilyan Maeis $592,000
Previous Owner Mikhaeilyan Manuel $592,000
Previous Owner Lai Zhenke $632,000
Previous Owner Holm Dean $179,899
Closed Holm Dean $44,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2024 05/16/24 Sold $740,000 0.0% $331 / Sq Ft
04/03/2024 04/03/24 Price Changed $739,900 +5.9% $331 / Sq Ft
04/01/2024 04/01/24 Price Changed $699,000 +2.0% $312 / Sq Ft
02/17/2024 02/17/24 For Sale $685,000 -14.4% $306 / Sq Ft
05/17/2022 05/17/22 Sold $800,000 +14.4% $357 / Sq Ft View Prior Sale
04/13/2022 04/13/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $699,000 -- $312 / 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 $12,270 $754,800 $193,800 $561,000
2023 $12,270 $816,000 $204,000 $612,000
2022 $6,097 $361,333 $76,718 $284,615
2021 $5,442 $354,249 $75,214 $279,035
2020 $5,169 $350,617 $74,443 $276,174
2019 $5,047 $343,743 $72,984 $270,759
2018 $4,907 $337,003 $71,554 $265,449
2017 $4,811 $330,396 $70,151 $260,245
2016 $4,195 $280,781 $68,776 $212,005
2015 $3,928 $254,000 $62,000 $192,000
2014 $3,927 $253,000 $62,000 $191,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24030776

California Regional Multiple Listing Service (CRMLS)

APN: 600-360-022