NOT LISTED FOR SALE

85448 Molvena Dr Indio, CA 92203

Estimated Value: $513,447 - $563,000

3 Beds
3 Baths
2,411 Sq Ft
$227/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $390,000 $162 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,608/month

25 Days on Market

Highlights

  • Golf Course Community
  • Active Adult
  • 1 Fireplace
  • New Construction
  • Gated Community
  • Great Room

About This Home

As of September 2020

**The Lodge Is Now Open!** Four Seasons at Terra Lago in Indio is our newest upcoming community for those 55 and better! This brand new collection of homes at Terra Lago will feature single family homes up to approximately 2,747 sq feet and up to 4 bedrooms. These open designs feature spacious perfect for functional living. Next to Terra Lago's Golf Course it's perfect to enjoy and entertain with family and friends. Four Seasons is known for its resort-style living, and that's just what you will find at the Lodge clubhouse. At this approximately 22,00 sq. ft. facility you will experience incredible amenities such as state-of-the-art fitness center with an aerobics/yoga studio, ballroom, beauty salon with massage room and an indoor pool. Outdoors you will find a resort-style pool and spa with cabanas, a boccie ball court, tennis courts and so much more! This guard gated active adult community features fun activities, clubs and events for all of your interests including crafting, games and more.

Last Agent to Sell the Property

Terri Morgan

K Hovnanian Homes, Inc. Listed on: 08/06/2020

Last Buyer's Agent

Michelle Nguyen

K. Hovnanian Companies of CA License #02054803

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 6,510 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $220 Monthly HOA Fees

Interior Spaces

  • 2,411 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Great Room
  • Dining Room
  • Fire Sprinkler System

Kitchen

  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Special Tax Authority

Community Details

Overview

  • Active Adult
  • Association fees include building & grounds, security, clubhouse
  • Four Seasons At Terra Lago Subdivision

Recreation

  • Golf Course Community
  • Pickleball Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Included In Sale: New Construction! CHESTNUT CABINETS, KITCHEN COUNTERS. Santa Cecilia Granite. the Murray Peak plan offers 2,411 sq ft of inviting living space. 3 bedrooms, 3 bath, formal dining room, 2 car garage plus gold cart space. Energy efficient products such as Rinnai Tankless water heater, radiant roof barrier, and Energy Star appliances. Upgraded flooring 20X20 tile and carpet.
  • List Price per Sq Ft: 162.55
  • Lp Sp Ratio: 1.0000
  • Year Built: 2020
  • Listing I D: 219047296
  • Listing Member Address: 1260 Corona Pointe Court, ste 301, Corona, CA 92879
  • Listing Office Address: 1260 Corona Pointe Court, ste 301, Corona, CA 92879
  • Listing Office Fax: (877) 429-3610
  • Selling Office Address: 400 Exchange, Suite 200, Irvine, CA 92602
  • Land Type: Fee
  • New Construction: Yes
  • Subdivision: Four Seasons at Terra Lago
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Microwave Oven, Disposal
  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 2411.00

Exterior Features

  • Planned Unit Development: No

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener
  • Total Garage Spaces: 2.50
  • Total Parking Spaces: 4.50
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central, Forced Air
  • Security: Fire Sprinkler System, Gated Community
  • Sewer: In Street Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Security, Clubhouse
  • Association Amenities: Golf Course, Paddle Tennis
  • HOA Information: Yes
  • HOA Fee 1: 220.00
  • Senior Community: Yes
  • Total Monthly Association Fees: 220.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: Xx
  • Irrigation: Sprinkler System
  • Lot Acres: 0.1494
  • Lot Size: 6510.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Sep 17, 2020
Sold by
Terra Lago Indio Llc
Bought by
Fisher Kathryn Joanna
Seller's Agent
Terri Morgan
K Hovnanian Homes, Inc.
Buyer's Agent
Michelle Nguyen
K. Hovnanian Companies of CA
List Price
$391,900
Sold Price
$390,000
Premium/Discount to List
-$1,900
-0.48%
Current Estimated Value
$546,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,112
Avg. Annual Appreciation
6.62%
Original Mortgage
$382,936
Outstanding Balance
$339,830
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$206,282
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fisher Kathryn Joanna $390,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Kathryn Joanna $382,936
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $390,000 -0.5% $162 / Sq Ft
08/06/2020 08/06/20 For Sale $391,900 -- $163 / 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 $6,416 $422,147 $97,418 $324,729
2023 $6,416 $405,756 $93,636 $312,120
2022 $6,059 $397,800 $91,800 $306,000
2021 $5,838 $390,000 $90,000 $300,000
2020 $1,009 $14,019 $14,019 $0
2019 $180 $13,745 $13,745 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219047296

California Desert Association of REALTORS®

APN: 696-310-043