NOT LISTED FOR SALE

81918 Villa Reale Dr Indio, CA 92203

Shadow Hills Neighborhood

Estimated Value: $475,000 - $573,000

3 Beds
3 Baths
2,126 Sq Ft
$250/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $258,000 $121 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,441/month

75 Days on Market

Highlights

  • Contemporary Architecture
  • Tile Flooring
  • Ceiling Fan
  • 3 Car Detached Garage
  • Central Heating and Cooling System

About This Home

As of July 2015

Palazzo gated community, this property features 3 bedroom & 2.5 baths, 2126 sq.ft, built in 2005, Large kitchen with granite counter tops, lots of cabinets, ceramic tile, office/den, back covered patio, block wall,detach 3rd car garage, large lot, open floor plan, great home. Must see!!

Last Agent to Sell the Property

Jesus Martinez

Realty World Coachella Valley License #01234250 Listed on: 03/13/2015

Last Buyer's Agent

Cecilia Malvestio

License #01780823

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,614

Year Built

  • Built in 2005

Lot Details

  • 7,405 Sq Ft Lot
  • Block Wall Fence
  • Sprinkler System

HOA Fees

  • $105 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Tile Roof

Interior Spaces

  • 2,126 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Family Room with Fireplace

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 3 Car Detached Garage
  • Driveway

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • Palazzo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 691530037

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,614

Year Built

Built in 2005

Lot Details

0

HOA Fees

$105 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: Palazzo
  • Building Number Of Stories: 1
  • Building Style: Contemporary
  • List Price per Sq Ft: 126.06
  • Lp Sp Ratio: 0.9627
  • Year Built: 2005
  • Listing I D: 215008482
  • Listing Office Address: 81953 Highway 111, Ste. 4, Indio, CA 92201
  • Listing Office Fax: (760) 347-3305
  • Selling Office Address: 81-703 Highway 111, Indio Office, Indio, CA 92201
  • Selling Office Fax: (760) 347-2382
  • Land Type: Fee
  • Subdivision: Palazzo
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Fireplace Features: Glass Doors
  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Estimated Sq Ft: 2126.00

Exterior Features

  • Roofing: Tile
  • Fencing: Block

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: Driveway
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central, Fireplace(s)
  • Heating Fuel: Electric
  • Sewer: In Street Paid

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 105.00
  • Total Monthly Association Fees: 105.00
  • Unit Location: Ground Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 691530037
  • Irrigation: Sprinkler System
  • Lot Acres: 0.1700
  • Lot Size: 7405.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2015
Closed on
Jul 21, 2015
Sold by
Wang Airong
Bought by
Vasquez Edmundo
Seller's Agent
Jesus Martinez
Realty World Coachella Valley
Buyer's Agent
Cecilia Malvestio
List Price
$268,000
Sold Price
$258,000
Premium/Discount to List
-$10,000
-3.73%
Current Estimated Value
$531,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,097
Avg. Annual Appreciation
7.30%
Original Mortgage
$236,263
Outstanding Balance
$187,630
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$343,467

Purchase Details

Closed on
Aug 15, 2011
Sold by
The Bank Of New York Mellon
Bought by
Wang Airong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2011
Sold by
Shaw Jerilyn E
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Aug 13, 2009
Sold by
Shaw Jerilyn E
Bought by
Brown Tyler and 81918 Villa Reale Drive Trust

Purchase Details

Closed on
Oct 18, 2005
Sold by
Shaw Jim
Bought by
Shaw Jerilyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,850
Interest Rate
5.68%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 21, 2005
Sold by
Rilington Palazzo Llc
Bought by
Shaw Jerilyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,850
Interest Rate
5.68%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vasquez Edmundo $258,000 Stewart Title Of Ca Inc
Wang Airong $152,500 Stewart Title Of California
The Bank Of New York Mellon $165,000 Pacific Coast Title
Brown Tyler -- None Available
Shaw Jerilyn E -- Stewart Title Guaranty
Shaw Jerilyn E $419,500 Stewart Title Riverside
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Edmundo $236,263
Previous Owner Wang Airong $114,000
Previous Owner Shaw Jerilyn E $62,850
Previous Owner Shaw Jerilyn E $335,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2015 07/31/15 Sold $258,000 0.0% $121 / Sq Ft
06/16/2015 06/16/15 Off Market $258,000 -- --
05/27/2015 05/27/15 Pending -- -- --
05/22/2015 05/22/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $268,000 -- $126 / 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 $6,614 $305,411 $76,350 $229,061
2023 $6,614 $293,553 $73,386 $220,167
2022 $6,064 $287,798 $71,948 $215,850
2021 $5,837 $282,156 $70,538 $211,618
2020 $5,636 $279,264 $69,815 $209,449
2019 $5,503 $273,790 $68,447 $205,343
2018 $5,378 $268,422 $67,105 $201,317
2017 $5,344 $263,160 $65,790 $197,370
2016 $5,478 $258,000 $64,500 $193,500
2015 $4,643 $182,891 $36,578 $146,313
2014 $4,587 $179,310 $35,862 $143,448
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jesus Martinez

    Realty World Coachella Valley

  • C

    Buyer's Agent in 2015

    Cecilia Malvestio

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 215008482

California Desert Association of REALTORS®

APN: 691-530-037

California Riverside County Indio 92203 Shadow Hills

81918 Villa Reale Dr, Indio, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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