S
Seller's Agent in 2023
Serena Leiterman
Equity Union
(951) 623-9442
78 Total Sales
Estimated Value: $1,002,000 - $1,060,000
5
Beds
3.5
Baths
2,469
Sq Ft
$413/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Primary Bedroom Suite
- Lake View
- In Ground Pool
- Gated Community
- Waterfront
About This Home
As of February 2023SHORT-TERM RENTAL OPPORTUNITY! This NEW BUILD is located on a premium LAKEFRONT parcel in the highly desirable community of Terra Lago. Dubbed the 'Fashion House,' this home is TURN-KEY furnished and is perfect for someone who wants to move in and enjoy beautiful sunsets or an investor looking for a healthy ROI. Step inside and fall in love with this stunning 5 Bedrooms 4, bathrooms home. HIGHLY UPGRADED and available fully furnished, with brand new designer furniture. The first floor features spacious living and dining areas with high ceilings and natural light, a kitchen with white quartz countertops, a large center island and stainless steel appliances, a guest bedroom with an en-suite bathroom, and a laundry area. The second floor features four additional bedrooms, including a primary suite with a covered outdoor patio with amazing views of the lake and the mountains, a second laundry area, and high-end designer lighting and plumbing fixtures throughout. Entertainer's backyard features a resort-style INFINITY EDGE SWIMMING POOL, a fire pit, and an outdoor dining area with BBQ. The home is a smart home complete with home automation features. The home currently has an active STR license. Amenities include Community Pool and Recreation facility, a gym, 24-hour controlled access with a guard gate, and HOA that includes internet and cable TV. Located within minutes from Coachella Music Festival and other popular desert venues. A rare offering, unlike any other on the lake!
Last Agent to Sell the Property
Equity Union License #01965152 Listed on: 09/18/2022
Home Details
Home Type
- Single Family
Year Built
- Built in 2021
Lot Details
- 3,920 Sq Ft Lot
- Waterfront
- East Facing Home
- Sprinkler System
HOA Fees
- $285 Monthly HOA Fees
Home Design
- Traditional Architecture
- Stucco Exterior
Interior Spaces
- 2,469 Sq Ft Home
- 2-Story Property
- Furnished
- 2 Fireplaces
- Sliding Doors
- Combination Dining and Living Room
- Lake Views
- Laundry Room
Kitchen
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Suite
- Shower
Parking
- 2 Car Attached Garage
- Driveway
Pool
- In Ground Pool
- In Ground Spa
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 696140070
- Special Tax Authority
Community Details
Overview
- Terra Lago Subdivision
- Community Lake
Amenities
- Clubhouse
Recreation
- Golf Course Community
- Dog Park
Security
- Security Service
- 24 Hour Access
- Gated Community
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 18, 2022
Closed on
Jan 30, 2023
Sold by
Bought by
Seller's Agent
Serena Leiterman
Equity Union
Buyer's Agent
Keith Powers
Alta Realty Group CA, Inc
List Price
$1,249,000
Sold Price
$1,050,000
Premium/Discount to List
-$199,000
-15.93%
Views
132
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,108
Avg. Annual Appreciation
-0.84%
Original Mortgage
$787,500
Interest Rate
0.0648%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 26, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$646,872
Interest Rate
0.0511%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 7, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$646,872
Interest Rate
0.0511%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 23, 2021
Sold by
Bought by
Purchase Details
Closed on
Jan 29, 2021
Sold by
Bought by
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,050,000 | First American Title | ||
| -- | New Title Company Name | ||
| $809,000 | None Listed On Document | ||
| $7,035,000 | Fntg Builder Services | ||
| -- | Fntg Builder Services | ||
| -- | Fntg Builder Services |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $787,500 | ||
| Closed | $646,872 | ||
| Closed | $1,575,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/15/2023 02/15/23 | Sold | $1,050,000 | 0.0% | $425 / Sq Ft |
| 01/26/2023 01/26/23 | Pending | -- | -- | -- |
| 12/13/2022 12/13/22 | Price Changed | $1,050,000 | -6.7% | $425 / Sq Ft |
| 11/28/2022 11/28/22 | Price Changed | $1,125,000 | -2.2% | $456 / Sq Ft |
| 10/04/2022 10/04/22 | Price Changed | $1,150,000 | -7.9% | $466 / Sq Ft |
| 09/18/2022 09/18/22 | For Sale | $1,249,000 | -- | $506 / Sq Ft |
Source: California Desert Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $15,428 | $1,092,418 | $327,727 | $764,691 |
| 2023 | $15,428 | $824,761 | $306,000 | $518,761 |
| 2022 | $5,784 | $313,198 | $106,998 | $206,200 |
| 2021 | $664 | $52,558 | $52,558 | $0 |
| 2020 | $652 | $52,020 | $52,020 | $0 |
| 2019 | $640 | $51,000 | $51,000 | $0 |
| 2018 | $627 | $50,000 | $50,000 | $0 |
| 2017 | $464 | $36,611 | $36,611 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Serena Leiterman
-
Keith Powers
Buyer's Agent in 2023
Keith Powers
Alta Realty Group CA, Inc
(714) 402-1357
40 Total Sales
Map
Source: California Desert Association of REALTORS®
MLS Number: 219084736
APN: 696-140-070
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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