NOT LISTED FOR SALE

85546 Molvena Dr Indio, CA 92203

Estimated Value: $538,654 - $582,000

3 Beds
3 Baths
2,411 Sq Ft
$233/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $357,330 $148 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,683/month

93 Days on Market

Highlights

  • Fitness Center
  • Active Adult
  • Open Floorplan
  • Heated Indoor Pool
  • Gated Community
  • Clubhouse

About This Home

As of November 2018

Lodge and Sports Courts are 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 square feet and up to 4 bedrooms. These open home designs feature spacious living areas perfect for functional living. Next to Terra Lago's Golf Course it's perfect to enjoy and entertain family and friends. Four Seasons is known for its resort-style living, and that's just what you'll find at The Lodge clubhouse. At this approximately 22,000 sq. ft. facility you will experience incredible amenities such as a 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 with spa and cabanas, a bocce ball court, tennis courts, and so much more!

Last Agent to Sell the Property

Michael Weinert

K Hovnanian Homes, Inc. License #01418607 Listed on: 08/07/2018

Last Buyer's Agent

June Lee

The Realestate Group License #01903591

The Realestate Group

Home Details

Home Type

  • Single Family

Lot Details

  • 6,510 Sq Ft Lot
  • Block Wall Fence
  • Paved or Partially Paved Lot
  • Drip System Landscaping
  • Sprinklers on Timer
  • Back and Front Yard

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Mediterranean Architecture
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,411 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Low Emissivity Windows
  • Great Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Linen Closet
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Low Flow Toliet
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom
  • Low Flow Shower

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 2 Car Attached Garage
  • Guest Parking

Pool

  • Heated Indoor Pool
  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Property is located within a water district
  • Tankless Water Heater
  • Sewer in Street

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 601860005
  • Special Tax Authority

Community Details

Overview

  • Active Adult
  • Association fees include clubhouse
  • Four Seasons At Terra Lago Subdivision
  • On-Site Maintenance

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Meeting Room
  • Card Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Sport Court
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

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
  • Builders Tract Code: FourSeasonsTerraLago
  • Building Style: Mediterranean, Ranch
  • Entry Location: Ground Level - No Steps
  • Included In Sale: BRANDY Cabinets with Brushed Nickel Knobs and SANTA CECELIA WHITE granite slab with 1 -1/2 bevel edge, utility sink in laundry room plus extra cabinets, GE stainless steel appliances (microwave, dishwasher, and stove), prewired for ceiling fans throughout, 3 full bedrooms and 3 full baths, Flat panel connection in great Room for TV, landscaped front yard with Xeriscape. The rear yard faces north and backs up to a privacy slope. You can select flooring on this one!!
  • List Price per Sq Ft: 146.84
  • Lp Sp Ratio: 1.0093
  • Listing I D: 218022066
  • 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: 23805 Hawthorne Blvd., Torrance, CA 90505
  • Land Type: Fee
  • Subdivision: Four Seasons at Terra Lago
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Oven, Gas Range, Microwave Oven, Self Cleaning Oven, Water Line to Refrigerator
  • Interior Amenities: High Ceilings (9 Ft+), Open Floorplan, Recessed Lighting
  • Flooring: Carpet, Tile
  • Bedroom Features: Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Linen Closet, Low Flow Shower(s), Low Flow Toilet(s), Shower & Tub, Shower Over Tub, Shower Stall
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Dining Area, Formal Dining Room
  • Kitchen Features: Granite Counters, Island, Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 2411.00
  • Windows Treatments: Double Pane Windows, Low Emissivity Windows

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Fencing: Block
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated, Indoor
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Fire Alarm, Fire Sprinkler System
  • Sewer: In Street on Bond
  • Water: Water District
  • Water Heater Feature: Tankless

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Yes
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Clubhouse
  • Association Amenities: Banquet Facilities, Barbecue, Billiard Room, Card Room, Clubhouse, Fitness Center, Guest Parking, Maintenance Grounds, Management, Meeting Room, Paddle Tennis, Recreation Room, Sport Court, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 220.00
  • Senior Community: Yes
  • Total Monthly Association Fees: 220.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 601860005
  • Irrigation: Drip System, Sprinkler Timer
  • Lot Acres: 0.1500
  • Lot Description: Back Yard, Fenced, Front Yard, Sidewalks, Street Paved, Utilities Underground
  • Lot Size: 6510.00

Rental Info

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

Tax Info

  • Mello Roos: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2021
Sold by
Park James J
Bought by
Park James J and Park June Kyung
Current Estimated Value
$562,664

Purchase Details

Listed on
Aug 7, 2018
Closed on
Nov 7, 2018
Sold by
Terra Lago Indio Llc
Bought by
Park James J
Seller's Agent
Michael Weinert
K Hovnanian Homes, Inc.
Buyer's Agent
June Lee
The Realestate Group
List Price
$353,950
Sold Price
$357,330
Premium/Discount to List
$3,380
0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
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
Park James J -- Accommodation
Park James J $357,500 Orange Coast Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2018 11/26/18 Sold $357,330 +0.9% $148 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
09/13/2018 09/13/18 Price Changed $354,030 0.0% $147 / Sq Ft
08/07/2018 08/07/18 For Sale $353,950 -- $147 / 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 $6,174 $398,603 $83,661 $314,942
2023 $6,061 $383,126 $80,413 $302,713
2022 $5,834 $375,615 $78,837 $296,778
2021 $5,679 $368,251 $77,292 $290,959
2020 $5,463 $364,476 $76,500 $287,976
2019 $5,340 $357,330 $75,000 $282,330
2018 $186 $15,170 $15,170 $0
2017 $182 $14,873 $14,873 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Michael Weinert

    K Hovnanian Homes, Inc.

    Section Image

  • J

    Buyer's Agent in 2018

    June Lee

    The Realestate Group

    (310) 540-0072

    2 Total Sales

    June Lee
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 218022066

California Desert Association of REALTORS®

APN: 696-310-005

California Riverside County Indio 92203

85546 Molvena Dr, Indio, CA

Not Listed for Sale

Detached

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