NOT LISTED FOR SALE

85574 Molvena Dr Indio, CA 92203

Estimated Value: $542,737 - $597,000

3 Beds
3 Baths
2,411 Sq Ft
$237/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $334,790 $139 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,705/month

136 Days on Market

Highlights

  • Fitness Center
  • Active Adult
  • Gated Community
  • Heated Indoor Pool
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of January 2018

Four Seasons at Terra Lago in Indio is our newest 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: 08/06/2017

Last Buyer's Agent

Out Side Agent

Desert Real Estate Consultants, Inc.

Home Details

Home Type

  • Single Family

Lot Details

  • 6,534 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

  • Spanish Architecture
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,411 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Data
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Low Emissivity Windows
  • Great Room
  • Formal Dining Room
  • Storage
  • Laundry Room
  • Ceramic Tile Flooring
  • Desert Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Linen Closet
  • Walk-In Closet
  • Powder Room
  • 3 Full Bathrooms
  • Double Vanity
  • Low Flow Toliet
  • Secondary bathroom tub or shower combo
  • Low Flow Shower

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 3 Car Attached Garage
  • Guest Parking

Pool

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

Outdoor Features

  • Covered Patio or Porch

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

Listing and Financial Details

  • Assessor Parcel Number 601860008
  • Special Tax Authority

Community Details

Overview

  • Active Adult
  • Association fees include clubhouse
  • Four Seasons At Terra Lago Subdivision
  • Greenbelt

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • 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
  • Controlled Access
  • 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: Spanish
  • Included In Sale: Energy Star Appliances, Rinnai Tankless Water Heater, Low E Energy Efficient Windows, and Radiant Roof Barrier-Tech Shield! T Covered Patio and a 2 Car Garage Plus Golf Cart Space garage WHITE Thermofoil Routered Cabinets with Pulls and AZUL PLATINO Granite counters in the kitchen, utility sink with extra cabinets in laundry room,stainless steel appliances (microwave,dishwasher, and stove),prewired for ceiling fans throughout, Fireplace, Center Meet Slider in Great Room,French Door off Maste
  • List Price per Sq Ft: 138.86
  • Lp Sp Ratio: 1.0000
  • View Type: Desert
  • Listing I D: 217021248
  • 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 Member Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Fax: (760) 999-9999
  • Land Type: Fee
  • Subdivision: Four Seasons at Terra Lago
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Microwave Oven, Self Cleaning Oven, Gas Oven, Gas Range, Water Line to Refrigerator, Disposal
  • Interior Amenities: High Ceilings (9 Ft+), Storage, Recessed Lighting, Open Floorplan, Hi-Speed Data Wiring
  • Flooring: Ceramic Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Shower Over Tub, Shower & Tub, Powder Room, Low Flow Toilet(s), Low Flow Shower(s), Linen Closet
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Formal Dining Room, Dining Area
  • Kitchen Features: Granite Counters, 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: Gunite, In Ground
  • Spa Hot Tub Description: Community, Hot Tub, Heated
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Fire Sprinkler System, Fire Alarm
  • Sewer: Connected on Bond, 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: Barbecue, Tennis Courts, Sport Court, Recreation Room, Paddle Tennis, Picnic Area, Management, Meeting Room, Guest Parking, Greenbelt/Park, Fitness Center, Card Room, Clubhouse, Controlled Access, Billiard Room, Banquet Facilities
  • HOA Information: Yes
  • HOA Fee 1: 220.00
  • Senior Community: Yes
  • Total Monthly Association Fees: 220.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 601860008
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Acres: 0.1500
  • Lot Description: Back Yard, Utilities Underground, Street Lighting, Street Paved, Front Yard, Curbs
  • Lot Size: 6534.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2019
Sold by
Waldman Gerald Irving and Waldman Lonnie Lee
Bought by
Waldman Gerald I and Waldman Lonnie L
Current Estimated Value
$570,934

Purchase Details

Listed on
Aug 6, 2017
Closed on
Dec 4, 2017
Sold by
Terra Lago Indio Llc
Bought by
Waldman Gerald Irving and Waldman Lonnie Lee
Seller's Agent
Michael Weinert
K Hovnanian Homes, Inc.
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$334,790
Sold Price
$334,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$345,796
Outstanding Balance
$290,828
Interest Rate
3.9%
Mortgage Type
VA
Estimated Equity
$280,106
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
Waldman Gerald I -- None Available
Waldman Gerald Irving $335,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waldman Gerald Irving $345,796
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2018 01/12/18 Sold $334,790 0.0% $139 / Sq Ft
12/20/2017 12/20/17 Pending -- -- --
10/23/2017 10/23/17 For Sale $334,790 0.0% $139 / Sq Ft
10/23/2017 10/23/17 Price Changed $334,790 -5.6% $139 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
08/06/2017 08/06/17 For Sale $354,700 -- $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 $6,027 $380,925 $76,182 $304,743
2023 $6,027 $366,135 $73,225 $292,910
2022 $5,676 $358,957 $71,790 $287,167
2021 $5,550 $351,920 $70,383 $281,537
2020 $5,182 $348,313 $69,662 $278,651
2019 $5,063 $341,485 $68,297 $273,188
2018 $4,445 $286,170 $35,170 $251,000
2017 $495 $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

  • O

    Buyer's Agent in 2018

    Out Side Agent

    Desert Real Estate Consultants, Inc.

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217021248

California Desert Association of REALTORS®

APN: 696-310-008

California Riverside County Indio 92203

85574 Molvena Dr, Indio, CA

Not Listed for Sale

Detached

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