NOT LISTED FOR SALE

83463 Lightning Rd Indio, CA 92203

Estimated Value: $684,636 - $732,000

4 Beds
2.5 Baths
2,906 Sq Ft
$243/Sq Ft Est. Value

Last Sold March 27, 2019

Last sale price $430,000 $148 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,529/month

79 Days on Market

Highlights

  • Outdoor Pool
  • Spanish Architecture
  • Living Room
  • Peek-A-Boo Views
  • 2 Fireplaces
  • Laundry Room

About This Home

As of March 2019

Gorgeous, upgraded home in Shadow Ranch! Own a private resort like backyard including full outdoor bbq kitchen with high end bbq, large griddle, sink, two side burners, and refrigerator. Resort style pool with tanning ledge and umbrella holders. Raised jacuzzi featuring quartz rock slab pour and travertine coping. A professional mister system, custom set tumbled cobblestone pavers, and landscape lighting finish off the destination setting. Inside is over 2,900 square feet with 3 bedrooms and a 4th bedroom option upstairs, 2.5 baths, tile flooring, carpet in family and bedroom areas, upgraded lighting throughout with Lutron switches, professional window tinting, wireless pool controls on app, and Lyric WiFi thermostat. upgrades for luxury living are full house water softening system, reverse osmosis system at kitchen sink, and a gas line set for a fire pit in backyard. This home is great for family living, a rental, or a second home. All upgraded for your enjoyment. Call to view today!

Last Agent to Sell the Property

Ross Stout

eXp Realty Of Southern California Inc License #01882341 Listed on: 11/26/2018

eXp Realty Of Southern California Inc

Last Buyer's Agent

Stephen Powell

Fathom Realty Group Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,826

Year Built

  • Built in 2005

Lot Details

  • 8,276 Sq Ft Lot
  • Block Wall Fence
  • Sprinkler System

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,906 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Area
  • Peek-A-Boo Views
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • Outdoor Pool
  • Spa

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Shadow Ranch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 692410013

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,826

Year Built

Built in 2005

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground
  • Building Number Of Stories: 1
  • Building Style: Spanish
  • List Price per Sq Ft: 151.07
  • Lp Sp Ratio: 0.9795
  • View Type: Peek-A-Boo
  • Year Built: 2005
  • Co Listing Office Address: 74124 Highway 111, Palm Desert, CA 92260
  • Listing I D: 18410772
  • Listing Office Address: 74124 Highway 111, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: Shadow Ranch
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator, Gas Dryer Hookup
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Total Bedrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Laundry: Individual Room
  • Estimated Sq Ft: 2906.00

Exterior Features

  • Fencing: Block
  • Pool: Yes
  • Pool Description: Private
  • Pool Location: Private
  • Spa Hot Tub Description: Private
  • View: Yes

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Central

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 125.00
  • Total Monthly Association Fees: 125.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 692410013
  • Irrigation: Sprinkler System
  • Lot Acres: 0.1899
  • Lot Size: 8276.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2018
Closed on
Feb 21, 2019
Sold by
Martinez Andres and Martinez Reonna
Bought by
Torres Desiree and Torres Alexander M
Seller's Agent
Ross Stout
eXp Realty Of Southern California Inc
Buyer's Agent
Stephen Powell
Fathom Realty Group Inc.
List Price
$449,000
Sold Price
$430,000
Premium/Discount to List
-$19,000
-4.23%
Current Estimated Value
$704,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,909
Avg. Annual Appreciation
7.85%
Original Mortgage
$422,211
Outstanding Balance
$369,677
Interest Rate
4.3%
Mortgage Type
FHA
Estimated Equity
$335,232

Purchase Details

Closed on
Apr 27, 2016
Sold by
Martinez Andres and Martinez Reonna Marie
Bought by
Martinez Andres and Martinez Reonna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,077
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 2013
Sold by
Martinez Reonna Marie and Parish Reonna Marie
Bought by
Martinez Andres and Martinez Reonna Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,605
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 2, 2009
Sold by
Gmac Mortgage Llc
Bought by
Parish Reonna Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2009
Sold by
Torres Alethea M
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Feb 13, 2006
Sold by
Torres Aletha M
Bought by
Torres Alethea M

Purchase Details

Closed on
Jun 15, 2005
Sold by
Shadow Ranch Indio Llc
Bought by
Torres Aletha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
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
Torres Desiree $430,000 First American Title Company
Martinez Andres -- Usa National Title Co
Martinez Andres -- Fidelity National Title Oran
Parish Reonna Marie $225,000 First American Title Ins Co
Gmac Mortgage Llc $274,500 None Available
Torres Alethea M -- First American Title Nhs
Torres Aletha M $521,500 First American Title Nhs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Desiree $422,211
Previous Owner Martinez Andres $237,077
Previous Owner Martinez Andres $209,605
Previous Owner Parish Reonna Marie $220,924
Previous Owner Torres Aletha M $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2019 03/27/19 Sold $430,000 -4.2% $148 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
11/26/2018 11/26/18 For Sale $449,000 -- $155 / 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 $7,826 $479,668 $27,886 $451,782
2023 $7,826 $461,044 $26,804 $434,240
2022 $7,346 $452,005 $26,279 $425,726
2021 $7,249 $443,143 $25,764 $417,379
2020 $6,803 $438,600 $25,500 $413,100
2019 $4,609 $268,460 $52,063 $216,397
2018 $4,496 $263,197 $51,044 $212,153
2017 $4,419 $258,038 $50,044 $207,994
2016 $4,263 $245,332 $49,063 $196,269
2015 $4,096 $241,649 $48,327 $193,322
2014 $4,034 $236,917 $47,381 $189,536
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 18410772

California Desert Association of REALTORS®

APN: 692-410-013