NOT LISTED FOR SALE

84459 Ponte Ct Indio, CA 92203

Estimated Value: $500,000 - $621,001

4 Beds
3 Baths
2,232 Sq Ft
$253/Sq Ft Est. Value

Last Sold June 21, 2013

Last sale price $175,000 $78 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $3,751/month

155 Days on Market

Highlights

  • Spa
  • Clubhouse
  • Forced Air Heating and Cooling System
  • Mountain View
  • Fireplace

About This Home

As of June 2013

HUD Home in Terra Lago development. Surrounding a lake that sports catch and release fishing, boating, canoes and small electric boats, clubhouse with fully equiped gym that overlooks the association pool, with a view of the Terra Lago golf course and mountain views. 2,232 square feet, 2 story, 4 bedrooms, 3 bathrooms, large kitchen with an open floor plan, fireplace, enclosed back yard. State law requires Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a low to moderate flood risk. Recommend installing carbon monoxide detectors. HOA fee of $300 Monthly. Merit Property Management. For overbidding and/or escrow repair information, please see attached Overbidding and Escrow' MLS addendum.

Last Agent to Sell the Property

Maria Richards

Weichert Realtors-Preferred License #01465668 Listed on: 11/23/2012

Weichert Realtors-Preferred

Last Buyer's Agent

Cleo Vazquez

KTC Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 8,712 Sq Ft Lot
  • Block Wall Fence

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 2,232 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Pool

  • Spa
  • Outdoor Pool

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 601720026

Community Details

Overview

  • Four Seasons At Terra Lago Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Two
  • Builders Tract Code: Terra Lago
  • List Price per Sq Ft: 78.41
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Year Built: 2009
  • Listing I D: 21466068
  • Listing Member Address: 43100 Cook St., #104, Palm Desert, CA 92211
  • Listing Office Address: 43100 Cook St., #104, Palm Desert, CA 92211
  • Listing Office Fax: (760) 469-4606
  • Selling Office Address: 45561 Oasis St. #110, Indio, CA 92201
  • Selling Office Fax: (866) 814-8287
  • Land Type: Fee
  • Subdivision: Four Seasons at Terra Lago
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 2232.00

Exterior Features

  • Roofing: Concrete, Tile
  • Fencing: Block
  • Pool: Yes
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Community
  • View: Yes

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Recreation Room
  • HOA Information: Yes
  • HOA Fee 1: 300.00
  • Total Monthly Association Fees: 300.00

Lot Info

  • Assessor Parcel Number: 601720026
  • Lot Acres: 0.2000
  • Lot Size: 8712.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2012
Closed on
Jun 13, 2013
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Ledestich Matthew and Ledestich Christina
Seller's Agent
Maria Richards
Weichert Realtors-Preferred
Buyer's Agent
Cleo Vazquez
KTC Real Estate
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$565,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,750
Avg. Annual Appreciation
9.82%
Original Mortgage
$171,830
Outstanding Balance
$123,635
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$442,115

Purchase Details

Closed on
Aug 21, 2010
Sold by
Ryland Homes Of California Inc
Bought by
Lopez Dulce K Arellano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,510
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ledestich Matthew $175,000 Ticor Title Company Of Ca
Lopez Dulce K Arellano $190,000 First Amer Title Ins Co Hsd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ledestich Matthew $171,830
Previous Owner Lopez Dulce K Arellano $159,510
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2013 06/21/13 Sold $175,000 0.0% $78 / Sq Ft
04/27/2013 04/27/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $175,000 0.0% $78 / Sq Ft
04/16/2013 04/16/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $175,000 0.0% $78 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $175,000 0.0% $78 / Sq Ft
03/07/2013 03/07/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $175,000 0.0% $78 / Sq Ft
02/09/2013 02/09/13 Pending -- -- --
02/07/2013 02/07/13 For Sale $175,000 0.0% $78 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
11/23/2012 11/23/12 For Sale $175,000 -- $78 / 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 $5,842 $215,485 $43,093 $172,392
2023 $5,842 $207,120 $41,421 $165,699
2022 $5,557 $203,059 $40,609 $162,450
2021 $5,806 $199,078 $39,813 $159,265
2020 $5,442 $197,037 $39,405 $157,632
2019 $5,414 $193,175 $38,633 $154,542
2018 $5,361 $189,388 $37,876 $151,512
2017 $5,311 $185,676 $37,134 $148,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21466068

California Desert Association of REALTORS®

APN: 696-050-026