Seller's Agent in 2022
David Colin
HomeSmart
(760) 702-4908
84 in this area
136 Total Sales
Estimated Value: $811,000 - $988,000
4
Beds
3
Baths
2,369
Sq Ft
$371/Sq Ft
Est. Value
Highlights
- Fitness Center
- Gated Community
- Clubhouse
- In Ground Pool
- Community Lake
- 2-minute walk to Station 87 Dog Park
About This Home
As of January 2022On your mark, get set & go!! Savvy investors and primary owners here's an absolute masterpiece of a vacation rental for sale in the highly sought after community of Terra Lago with no rental restrictions which is a rarity. This property is a successful vacation rental that is being offer turn-key furnished and is ready to generate top income for the savvy investor. Similar properties in the community generate north of $175,000 yearly in vacation rental income and this listing will do the same or more. This corner lot is a beauty which has a premium lot with no neighbors to the west which is also rare in the community. This home has a new pool/spa, new landscaping and multiple seating areas. The interior has a desirable wide open floor plan and kitchen which faces the family room and has gorgeous views of the pool area. There's been recent new upgrades throughout the interior of the home which has been recently re-furnished with new furnishings. This home is a winner and is ready to start generating income immediately!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,636
Year Built
- Built in 2007
Lot Details
- 5,227 Sq Ft Lot
- Home has North and South Exposure
- Drip System Landscaping
- Sprinkler System
HOA Fees
- $269 Monthly HOA Fees
Interior Spaces
- 2,369 Sq Ft Home
- 1-Story Property
- Furnished
- Gas Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Pool Views
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Parking
- 2 Car Attached Garage
- Driveway
Pool
- In Ground Pool
- In Ground Spa
- Outdoor Pool
Utilities
- Central Heating and Cooling System
- Sewer Assessments
Listing and Financial Details
- Assessor Parcel Number 696020064
- Special Tax Authority
Community Details
Overview
- Terra Lago Subdivision
- Community Lake
Amenities
- Clubhouse
- Banquet Facilities
- Billiard Room
Recreation
- Fitness Center
Security
- Security Service
- Resident Manager or Management On Site
- 24 Hour Access
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 5, 2025
Sold by
Quality Loan Service Corporation
Bought by
Obx 2024-Nqm8 Trust and Wilmington Savings Fund Society Fsb
Current Estimated Value
Purchase Details
Closed on
Dec 12, 2023
Sold by
Aghai Vahab
Bought by
Tofigh Resources Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
7.76%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 21, 2021
Closed on
Jan 4, 2022
Sold by
Dachia Garavaryan
Bought by
Tofigh Resources Inc
Seller's Agent
David Colin
HomeSmart
Buyer's Agent
Ryan Santos
Real Brokerage Technologies
List Price
$870,000
Sold Price
$870,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.30%
Original Mortgage
$609,000
Interest Rate
3.11%
Mortgage Type
Construction
Purchase Details
Listed on
May 1, 2021
Closed on
May 21, 2021
Sold by
Burton Charis M
Bought by
Garavaryan Dachia
Seller's Agent
David Colin
HomeSmart
Buyer's Agent
David Colin
Coldwell Banker Residential Brokerage
List Price
$649,900
Sold Price
$650,000
Premium/Discount to List
$100
0.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.60%
Purchase Details
Closed on
Jun 17, 2008
Sold by
Woodside Portofino Inc
Bought by
Heredia Paul J and Burton Charis M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,729
Interest Rate
6.32%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Obx 2024-Nqm8 Trust | $744,152 | Servicelink | |
| Tofigh Resources Inc | -- | None Listed On Document | |
| Aghai Vahab | -- | None Listed On Document | |
| Tofigh Resources Inc | $870,000 | Lawyers Title | |
| Garavaryan Dachia | $650,000 | Lawyers Title Company | |
| Heredia Paul J | $237,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Aghai Vahab | $685,000 | |
| Previous Owner | Tofigh Resources Inc | $269,000 | |
| Previous Owner | Tofigh Resources Inc | $609,000 | |
| Previous Owner | Heredia Paul J | $232,321 | |
| Previous Owner | Heredia Paul J | $233,729 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/20/2022 01/20/22 | Sold | $870,000 | 0.0% | $367 / Sq Ft |
| 12/21/2021 12/21/21 | For Sale | $870,000 | +33.8% | $367 / Sq Ft |
| 05/28/2021 05/28/21 | Sold | $650,000 | 0.0% | $274 / Sq Ft |
| 05/28/2021 05/28/21 | Pending | -- | -- | -- |
| 05/01/2021 05/01/21 | For Sale | $649,900 | -- | $274 / Sq Ft |
Source: California Desert Association of REALTORS®
Tax History Compared to Growth
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 | $14,636 | $913,920 | $275,400 | $638,520 |
| 2023 | $14,636 | $887,400 | $91,800 | $795,600 |
| 2022 | $12,106 | $697,600 | $204,000 | $493,600 |
| 2021 | $7,002 | $281,939 | $70,478 | $211,461 |
| 2020 | $6,657 | $279,049 | $69,756 | $209,293 |
| 2019 | $6,615 | $273,579 | $68,389 | $205,190 |
| 2018 | $6,545 | $268,216 | $67,049 | $201,167 |
| 2017 | $6,476 | $262,958 | $65,735 | $197,223 |
Source: Public Records
Agents Affiliated with this Home
-
David Colin
-
Ryan Santos
R
Buyer's Agent in 2022
Ryan Santos
Real Brokerage Technologies
(760) 402-1341
3 in this area
24 Total Sales
Map
Source: California Desert Association of REALTORS®
MLS Number: 219071739
APN: 696-020-064
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