NOT LISTED FOR SALE

84456 Ponte Ct Indio, CA 92203

Estimated Value: $827,000 - $1,020,444

4 Beds
2 Baths
2,012 Sq Ft
$454/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $1,040,000 $517 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $6,503/month

48 Days on Market

Highlights

  • Community Boat Dock
  • In Ground Pool
  • Golf Course View
  • Fitness Center
  • Gated Community
  • Community Lake

About This Home

As of May 2022

This is the ultimate jaw dropping, short term rental to hit the market in Terra Lago and/or the eastern valley in a very long time. This dream of a backyard was recently constructed to take advantage of this unbelievably huge lot and to capture the mountain, golf course and pond views in the background for a picturesque setting. This newer income producing short term rental has a back yard that your future tenants will love and have them coming back multiple times throughout the calendar year. The newer extra large salt water pool can fit multiple families at a time as can the spa. The newer putting green will satisfy the most avid golfer and get them ready to play the public golf course which is just a few minutes walking distance away. The professional horseshoe area will keep the families entertained throughout the day and night. There's multiple lounging and sun bathing areas nicely setup around the pool. If that wasn't enough for you there's also a linear gas fire pit for those chilly winter nights. The backyard also features a covered patio with an outdoor dinning table and ping pong table as well. All this is included with room to spare to build an accessory dwelling unit. The interior of the home comes fully furnished with four bedroom's, two baths and a three car garage. If you're looking for the ultimate short term rental that will generate a great return and the best priced home in the city, don't let this opportunity pass you by.

Last Agent to Sell the Property

David Colin

HomeSmart License #01710306 Listed on: 04/01/2022

HomeSmart

Last Buyer's Agent

David Colin

Coldwell Banker Residential Brokerage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 13,068 Sq Ft Lot
  • Cul-De-Sac
  • Northeast Facing Home
  • Block Wall Fence
  • Sprinkler System

HOA Fees

  • $274 Monthly HOA Fees

Property Views

  • Golf Course
  • Mountain
  • Desert

Interior Spaces

  • 2,012 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Trash Compactor

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Driveway
  • Guest Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Saltwater Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 696050025
  • Special Tax Authority

Community Details

Overview

  • Association fees include clubhouse
  • Terra Lago Subdivision
  • Community Lake

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Banquet Facilities

Recreation

  • Community Boat Dock
  • Fitness Center
  • Putting Green

Security

  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

0.3 Acres

HOA Fees

$274 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East, Leisure Faces North
  • Levels: One
  • Building Number Of Stories: 1
  • Included In Sale: All furnishings, accessories and electronics.
  • List Price per Sq Ft: 546.22
  • Lp Sp Ratio: 0.9500
  • View Type: Desert, Mountain(s), Golf Course
  • Year Built: 2010
  • Listing I D: 219076457
  • Listing Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Member Fax: (760) 844-7550
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • Selling Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Member Fax: (760) 844-7550
  • Selling Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Terra Lago
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Oven, Microwave Oven, Washer, Trash Compactor, Refrigerator, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Fireplace Features: Gas
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Features: Quartz Counters
  • Estimated Sq Ft: 2012.00

Exterior Features

  • Other Features: Putting Green
  • Fencing: Block
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Salt Water
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Driveway
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 5.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Gated Community
  • Sewer: Connected on Bond

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Clubhouse
  • Association Amenities: Barbecue, Lake or Pond, Guest Parking, Fitness Center, Clubhouse, Banquet Facilities
  • HOA Information: Yes
  • HOA Fee 1: 274.00
  • Total Monthly Association Fees: 274.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 696050025
  • Irrigation: Sprinkler System
  • Lot Location: Cul-De-Sac
  • Lot Size: 13068.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2022
Sold by
Lawton Matthew J and Lawton Tenley K
Bought by
Ponte Court Sttutory Trust
Current Estimated Value
$912,861

Purchase Details

Listed on
Apr 1, 2022
Closed on
Apr 12, 2022
Sold by
Swaim Lea E and Swaim Nicolas
Bought by
Lawton Matthew J and Lawton Tenley K
Seller's Agent
David Colin
HomeSmart
Buyer's Agent
David Colin
Coldwell Banker Residential Brokerage
List Price
$1,099,000
Sold Price
$1,040,000
Premium/Discount to List
-$59,000
-5.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.31%
Original Mortgage
$750,000
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2021
Sold by
Kanongataa Loka Falani and Kanongataa Elizabeth Jane
Bought by
Swaim Lea E and Swaim Nicolas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2021
Closed on
Mar 16, 2021
Sold by
Martinez Benjamin and Martinez Nicol
Bought by
Kanongataa Loka Falani and Kanongataa Elizabeth Jane
Seller's Agent
David Colin
HomeSmart
Buyer's Agent
David Colin
Coldwell Banker Residential Brokerage
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.07%

Purchase Details

Listed on
Nov 9, 2020
Closed on
Nov 16, 2020
Sold by
Smith Andrew and Smith Claudia
Bought by
Martinez Benjamin and Martinez Nicol
Seller's Agent
Nicholas Nieto
OZA Realty Inc.
Buyer's Agent
David Colin
Coldwell Banker Residential Brokerage
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
107.36%
Original Mortgage
$383,625
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Closed on
Aug 17, 2010
Sold by
Ryland Homes Of California Inc
Bought by
Smith Andrew and Smith Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,515
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ponte Court Sttutory Trust -- --
Lawton Matthew J $1,000,000 Lawyers Title
Swaim Lea E $577,500 Lawyers Title Company
Kanongataa Loka Falani $400,000 Lawyers Title Company
Martinez Benjamin $375,000 North American Title
Smith Andrew $187,000 First Amer Title Ins Co Hsd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lawton Matthew J $750,000
Previous Owner Swaim Lea E $420,000
Previous Owner Martinez Benjamin $383,625
Previous Owner Smith Andrew $184,515
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2022 05/20/22 Sold $1,040,000 -5.4% $517 / Sq Ft
04/01/2022 04/01/22 For Sale $1,099,000 +144.2% $546 / Sq Ft
03/19/2021 03/19/21 Sold $450,000 0.0% $224 / Sq Ft View Prior Sale
03/19/2021 03/19/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $450,000 +20.0% $224 / Sq Ft
12/18/2020 12/18/20 Sold $375,000 0.0% $186 / Sq Ft View Prior Sale
11/10/2020 11/10/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $375,000 -- $186 / Sq Ft
Source: California Desert Association of REALTORS®

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 $16,211 $1,061,208 $265,302 $795,906
2023 $16,211 $1,096,000 $300,000 $796,000
2022 $10,902 $577,500 $200,000 $377,500
2021 $8,051 $375,000 $90,000 $285,000
2020 $5,802 $224,463 $43,806 $180,657
2019 $5,755 $220,063 $42,948 $177,115
2018 $5,677 $215,749 $42,107 $173,642
2017 $5,619 $211,520 $41,282 $170,238
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219076457

California Desert Association of REALTORS®

APN: 696-050-025

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