NOT LISTED FOR SALE

85564 Molvena Dr Indio, CA 92203

Estimated Value: $499,000 - $518,000

2 Beds
2.5 Baths
2,287 Sq Ft
$223/Sq Ft Est. Value

Last Sold July 24, 2025

Last sale price $499,999 $219 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,637/month

35 Days on Market

Highlights

  • Golf Course Community
  • In Ground Pool
  • Mountain View
  • Fitness Center
  • Gated Community
  • Tennis Courts

About This Home

As of July 2025

Stunning 2 Bedroom + Office, 3 Bath Home in Four Seasons at Terra LagoWelcome to luxury desert living at its finest! Located in the highly sought-after 55+ Four Seasons at Terra Lago community in Indio, this beautifully upgraded 2-bedroom + office, 3-bathroom home offers 2,287 square feet of spacious elegance.Step inside and immediately feel the pride of ownership, with tasteful upgrades throughout. The heart of the home features a gourmet island kitchen with stunning granite countertops, custom cabinetry, and modern stainless-steel appliances--perfect for entertaining or everyday living.The open-concept floor plan includes two generous bedroom suites, each with its own private bathroom, plus a third bath. A separate office/den provides the ideal space to work from home, pursue hobbies, or host overnight guests.Enjoy high ceilings, abundant natural light, and stylish finishes.Enjoy the sun year-round in your pool, ideal for morning laps or relaxing evenings under the desert sky. This low-maintenance backyard is perfect for relaxing with your morning coffee or entertaining friends and family.Community Highlights:Gated 55+ active adult communityResort-style clubhouse with fitness center

Last Agent to Sell the Property

Alexander Gonzalez

HomeSmart License #02109661 Listed on: 06/19/2025

HomeSmart

Last Buyer's Agent

Stacey Smith

Redfin Corporation License #01845411

Redfin Corporation

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 6,534 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,287 Sq Ft Home
  • 1-Story Property
  • Den
  • Tile Flooring
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Pool

  • In Ground Pool
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 696310007

Community Details

Overview

  • Four Seasons At Terra Lago Subdivision
  • Planned Unit Development

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center

Security

  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • List Price per Sq Ft: 218.63
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Year Built: 2017
  • Listing I D: 219131725
  • Listing Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • Selling Member Address: 1260 Corona Pointe Ct Ste 306, Corona, CA 92879
  • Selling Office Address: 1260 Corona Pointe Ct Ste 306, Corona, CA 92879
  • Selling Office Fax: (949) 682-4734
  • Land Type: Fee
  • Subdivision: Four Seasons at Terra Lago
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 2287.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground
  • Pool Location: Private
  • Planned Unit Development: Yes
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Security: 24 Hour Security, 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 Amenities: Fitness Center, Tennis Courts, Paddle Tennis
  • HOA Information: Yes
  • HOA Fee 1: 300.00
  • Total Monthly Association Fees: 300.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 696310007
  • Irrigation: Sprinkler System
  • Lot Size: 6534.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2025
Closed on
Jul 14, 2025
Sold by
Milosek Scott and Milosek Monique
Bought by
Marcia Ann Peterson Trust and Peterson
Seller's Agent
Alexander Gonzalez
HomeSmart
Buyer's Agent
Stacey Smith
Redfin Corporation
List Price
$499,999
Sold Price
$499,999
Views
3
Current Estimated Value
$510,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,296
Avg. Annual Appreciation
5.10%
Original Mortgage
$149,999
Outstanding Balance
$149,745
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$360,551

Purchase Details

Listed on
Aug 26, 2020
Closed on
Feb 19, 2021
Sold by
Stone Steven Earl and Hylton Barbara L
Bought by
Milosek Scott and Milosek Monique
Seller's Agent
Cher Rush
Coldwell Banker Realty
Buyer's Agent
Tiffany Phamthai
RE/MAX College Park Realty
List Price
$499,900
Sold Price
$489,000
Premium/Discount to List
-$10,900
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.51%

Purchase Details

Closed on
Sep 22, 2017
Sold by
Terra Lago Indio Llc
Bought by
Stone Steven Earl and Hylton Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,150
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Marcia Ann Peterson Trust $500,000 Fidelity National Title
Milosek Scott $489,000 Equity Title Orange County
Stone Steven Earl $345,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcia Ann Peterson Trust $149,999
Previous Owner Stone Steven Earl $276,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2025 07/24/25 Sold $499,999 0.0% $219 / Sq Ft
06/19/2025 06/19/25 For Sale $499,999 +2.2% $219 / Sq Ft
03/15/2021 03/15/21 Sold $489,000 -2.2% $214 / Sq Ft View Prior Sale
02/12/2021 02/12/21 Pending -- -- --
08/26/2020 08/26/20 For Sale $499,900 -- $219 / 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 $7,855 $529,306 $162,364 $366,942
2023 $7,855 $508,755 $156,060 $352,695
2022 $7,426 $498,780 $153,000 $345,780
2021 $6,003 $388,625 $72,570 $316,055
2020 $5,708 $384,641 $71,826 $312,815
2019 $5,267 $377,100 $70,418 $306,682
2018 $4,848 $345,197 $69,039 $276,158
2017 $182 $14,873 $14,873 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219131725

California Desert Association of REALTORS®

APN: 696-310-007