NOT LISTED FOR SALE

83330 Lightning Rd Indio, CA 92203

Estimated Value: $395,000 - $742,000

5 Beds
4.5 Baths
3,147 Sq Ft
$194/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $340,000 $108 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,334/month

118 Days on Market

Highlights

  • Gated Community
  • High Ceiling
  • Formal Dining Room
  • Open Floorplan
  • Walk-In Pantry
  • 2 Car Direct Access Garage

About This Home

As of April 2016

Just Reduced 10,000 Lowest Priced 5 Bedroom! Gorgeous Tuscan inspired Solar Electric home inside the Highly Desirable Shadow Ranch community with Low HOA & No Mello Roos Tax. Beautiful Large open Kitchen-Family room with Fireplace and Bar. Upgraded Kitchen cabinets, Stainless Steel appliances, walk-in Pantry and an eating area. There are 5 bedrooms all with ceiling fans, 3 baths & Powder room. Master Bedroom is bright with large walk-in closet and large Bath with tub & shower. There are 3 additional bedrooms upstairs and 1 Bedroom /bathroom downstairs. Formal Dinning room for Holidays & Parties. There is an office where your kids can do their homework or You can work from home, Plus a formal Living Room. Large fenced Backyard where kids can play & You can BBQ under the Covered Patio. Oversized 2 car garage with Storage. Air conditioner is only 2 years old. Low Maintenance! And it's Solar Powered! Your family will love this home & the neighborhood

Last Agent to Sell the Property

Ken Reiley

Keller Williams Realty License #00447725 Listed on: 11/11/2015

Last Buyer's Agent

Cindy Guse

Coldwell Banker Realty License #01187823

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,567

Year Built

  • Built in 2005

Lot Details

  • 7,841 Sq Ft Lot
  • Block Wall Fence
  • Sprinklers on Timer

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Stucco Exterior

Interior Spaces

  • 3,147 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Fireplace With Glass Doors
  • Blinds
  • Formal Entry
  • Family Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Shared Water Source

Listing and Financial Details

  • Assessor Parcel Number 692390060

Community Details

Overview

  • Shadow Ranch Subdivision

Additional Features

  • Community Mailbox
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,567

Year Built

Built in 2005

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Two
  • Builders Tract Code: Shadow Ranch
  • Building Number Of Stories: 1
  • Included In Sale: All Appliances.
  • List Price per Sq Ft: 114.08
  • Lp Sp Ratio: 0.9471
  • Year Built: 2005
  • Listing I D: 215034134
  • Listing Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Member Fax: (760) 770-9510
  • Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-9510
  • Selling Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Selling Office Fax: (760) 776-1666
  • Land Type: Fee
  • Subdivision: Shadow Ranch
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Cooktop, Microwave Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Interior Amenities: High Ceilings (9 Ft+), Open Floorplan
  • Range Hood: Yes
  • Fireplace Features: Glass Doors
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar, Formal Dining Room, Kitchen Island
  • Kitchen Features: Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 3147.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Fencing: Block

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Sewer: Connected on Bond
  • Water: Mutual Water Source

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 120.00
  • Total Monthly Association Fees: 120.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 692390060
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.1800
  • Lot Size: 7841.00

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2015
Closed on
Mar 8, 2016
Sold by
Smith Earl W and Smith Susan S
Bought by
Ribas Mabel
Seller's Agent
Ken Reiley
Keller Williams Realty
Buyer's Agent
Cindy Guse
Coldwell Banker Realty
List Price
$369,000
Sold Price
$340,000
Premium/Discount to List
-$29,000
-7.86%
Current Estimated Value
$611,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,768
Avg. Annual Appreciation
6.48%
Original Mortgage
$323,000
Outstanding Balance
$257,715
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$354,053

Purchase Details

Closed on
Oct 1, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Smith Earl W and Smith Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,092
Interest Rate
5.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2008
Sold by
Sherwin Ronald D
Bought by
Deutsche Bank National Trust Co and Pooling & Servicing Agreement Series Ind

Purchase Details

Closed on
Jan 17, 2006
Sold by
Taylor Sherwin Cheri J
Bought by
Sherwin Ronald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,725
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 2, 2005
Sold by
Shadow Ranch Indio Llc
Bought by
Sherwin Ronald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,725
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving
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
Ribas Mabel $342,500 Orange Coast Title Co
Smith Earl W $300,000 Chicago Title Company
Deutsche Bank National Trust Co $283,112 None Available
Sherwin Ronald D -- First American Title Nhs
Sherwin Ronald D $517,500 First American Title Nhs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ribas Mabel $323,000
Previous Owner Smith Earl W $293,879
Previous Owner Smith Earl W $300,533
Previous Owner Smith Earl W $296,092
Previous Owner Sherwin Ronald D $149,015
Previous Owner Sherwin Ronald D $51,725
Previous Owner Sherwin Ronald D $413,798
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $340,000 -7.9% $108 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
11/11/2015 11/11/15 For Sale $369,000 -- $117 / 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 $10,567 $456,643 $101,358 $355,285
2023 $10,567 $438,913 $97,423 $341,490
2022 $10,617 $430,308 $95,513 $334,795
2021 $10,345 $421,872 $93,641 $328,231
2020 $9,597 $417,547 $92,681 $324,866
2019 $9,247 $409,361 $90,864 $318,497
2018 $8,478 $356,335 $89,083 $267,252
2017 $8,472 $349,349 $87,337 $262,012
2016 $7,984 $326,337 $81,582 $244,755
2015 $6,650 $321,437 $80,357 $241,080
2014 $4,701 $284,000 $71,000 $213,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 215034134

California Desert Association of REALTORS®

APN: 692-390-060