NOT LISTED FOR SALE

85592 Molvena Dr Indio, CA 92203

Estimated Value: $526,203 - $548,000

2 Beds
2.5 Baths
2,323 Sq Ft
$232/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $478,000 $206 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,779/month

10 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Park or Greenbelt View
  • Active Adult
  • Clubhouse
  • Great Room

About This Home

As of August 2023

Ready to upgrade your lifestyle?....well, this is the one for you! Beautiful, fully turnkey home located in the highly desired 55+ community of Four Season at Terra Lago. This gate guarded active community features planned activities, clubs for all interests, and ongoing events to keep you as busy as you'd like to be. The clubhouse and resort-style pool will make you think you are on vacation every day. Outside entertainment includes bocce ball courts, 4 tennis courts, 3 pickleball courts, a half court basketball and so much more! Not to mention a gorgeous PGA golf course just minutes away. This spacious home offers two extra large bedrooms and an office/den. The gourmet kitchen features an enormous center island w/breakfast bar seating. Plenty of cabinets and counter space and a walk-in pantry. Kitchen is open to the dining area and the super-sized family room. Nice covered patio for outdoor entertaining. Large garage w/extra space to store your golf cart. Conveniently located to multiple casinos, shopping and entertainment. Priced for a quick sale!

Last Agent to Sell the Property

Julie Hudson

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES License #01811134 Listed on: 07/05/2023

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES

Last Buyer's Agent

Julie Hudson

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES License #01811134 Listed on: 07/05/2023

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 6,534 Sq Ft Lot
  • Landscaped
  • Front Yard

HOA Fees

  • $272 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Park or Greenbelt
  • Neighborhood

Home Design

  • Entry on the 1st floor
  • Planned Development

Interior Spaces

  • 2,323 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 1002
  • Assessor Parcel Number 696310010
  • $1,234 per year additional tax assessments

Community Details

Overview

  • Active Adult
  • Four Season At Terra Lago Association, Phone Number (760) 863-2399
  • Terra Lago HOA
  • Terra Lago Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Recreation Room

Recreation

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

Security

  • Security Guard
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

HOA Fees

$272 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, washer & dryer, TV's, Some furniture
  • Property Attached: No
  • Subdivision Name Other: Terra Lago (30924)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 696310010
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2323.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 205.77
  • Room Type: All Bedrooms Down, Great Room, Kitchen, Laundry, Master Suite, Walk-In Closet

Exterior Features

  • View: Neighborhood, Park/Greenbelt
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Tennis Court(s), Bocce Ball Court, Sport Court, Gym/Ex Room, Clubhouse, Billiard Room, Banquet Facilities, Recreation Room, Pets Permitted, Guard, Security, Controlled Access
  • Association Fee: 272.00
  • Association Fee Frequency: Monthly
  • Association Name: Four Season at Terra Lago
  • Phone: (760)863-2399
  • Senior Community: Yes
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Street Lights
  • Association Management: Terra Lago

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 452.28
  • Tax Lot: 10
  • Tax Tract Number: 1002
  • TaxOtherAnnualAssessmentAmount: 1234.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2019
Sold by
Hanzel Ronald
Bought by
Paul J Alfano And Ronald G Karl Revocable Tru and Karl
Current Estimated Value
$538,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,600
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jun 14, 2017
Sold by
Hanzel Irma
Bought by
Hanzel Ronald
Seller's Agent
Michael Weinert
K Hovnanian Homes, Inc.
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$322,980
Sold Price
$310,914
Premium/Discount to List
-$12,066
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jun 5, 2017
Sold by
Terra Lago Indio Llc
Bought by
Hanzel Ronald
Seller's Agent
Michael Weinert
K Hovnanian Homes, Inc.
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$322,980
Sold Price
$310,914
Premium/Discount to List
-$12,066
-3.74%
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
Paul J Alfano And Ronald G Karl Revocable Tru $478,000 Orange Coast Title
Hanzel Ronald -- First American Title Company
Hanzel Ronald $311,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paul J Alfano And Ronald G Karl Revocable Tru $334,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2023 08/18/23 Sold $478,000 -3.4% $206 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $495,000 +59.2% $213 / Sq Ft
06/28/2017 06/28/17 Sold $310,914 -3.7% $136 / Sq Ft View Prior Sale
06/02/2017 06/02/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $322,980 -- $141 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,258 $565,692 $153,000 $412,692
2023 $8,258 $346,824 $69,362 $277,462
2022 $5,312 $340,024 $68,002 $272,022
2021 $5,146 $333,358 $66,669 $266,689
2020 $4,959 $329,941 $65,986 $263,955
2019 $4,616 $323,473 $64,693 $258,780
2018 $4,508 $317,131 $63,425 $253,706
2017 $363 $14,873 $14,873 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23119467

California Regional Multiple Listing Service (CRMLS)

APN: 696-310-010