NOT LISTED FOR SALE

85600 Molvena Dr Indio, CA 92203

Estimated Value: $596,000 - $626,000

2 Beds
3 Baths
2,708 Sq Ft
$226/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $484,900 $179 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,050/month

175 Days on Market

Highlights

  • Golf Course Community
  • Active Adult
  • Primary Bedroom Suite
  • Fitness Center
  • Gourmet Kitchen
  • Panoramic View

About This Home

As of June 2021

(Accepting Backup Offers) Spacious, elegant, and designed with an exceptional eye for detail; this home is a must-see. The entry is its own remarkable statement with chevroned porcelain tile and hand-applied chartreuse Venetian plaster applied to the full length of this dramatic hallway. Two multi-use open rooms along the right side of the central hall provide many possibilities such as an Office/Library, Spacious Formal Dining Room, Game room, or Media space. These in addition to a very large open Entertaining Space that includes a Chef's Kitchen with a Huge Island, 36'' Five-burner gas Cooktop with a Pot Filler, two Convection ovens PLUS a built-in microwave, and masses of granite counter space. The more than plentiful cabinets are upgraded Solid Maple. If you enjoy cooking and entertaining it would be hard to find a more ideal space and set-up. The Great Room also offers a very generous seating area with space enough for a dining table that seats 12 or more! The Over-Sized Luxurious Master Suite has all you could wish for with a Large Walk-in Closet and a Spa-like Bath. The 55+ Four Seasons at Terra Lago amenities, and facilities are just splendid. Plus its proximity to the highway and nearby shopping make it simply an ideal place to live. And on top of all that, the value is incredible, it is truly a Must See!

Last Agent to Sell the Property

Joakim Kollberg Dahlstroem

H M H Referral, Inc. License #02100595 Listed on: 12/16/2020

Co-Listed By

Charles Gallagher

Coldwell Banker Realty License #02073898

Last Buyer's Agent

Travis Jenkins

Windermere Real Estate License #02086450

Windermere Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 8,712 Sq Ft Lot
  • South Facing Home
  • Block Wall Fence
  • Drip System Landscaping
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Back and Front Yard

HOA Fees

  • $220 Monthly HOA Fees

Property Views

  • Panoramic
  • Peek-A-Boo
  • Mountain

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Plaster Walls

Interior Spaces

  • 2,708 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Blinds
  • Great Room
  • Formal Dining Room
  • Den

Kitchen

  • Gourmet Kitchen
  • Electric Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Golf Cart Garage

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 696310011
  • Special Tax Authority

Community Details

Overview

  • Active Adult
  • Association fees include building & grounds, clubhouse, security
  • Built by K. Hovnanian
  • Four Seasons At Terra Lago Subdivision, Sawmill Trail Floorplan
  • On-Site Maintenance

Amenities

  • Community Fire Pit
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Card Room
  • Recreation Room
  • Community Mailbox

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Fitness Center

Security

  • Resident Manager or Management On Site
  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South
  • Levels: One
  • Builder Model Name: Sawmill Trail
  • Builder Name: K. Hovnanian
  • Building Style: Mediterranean
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 179.06
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s), Panoramic, Peek-A-Boo
  • Water District Name: CVWD
  • Year Built: 2017
  • Co Listing Office Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Co Listing Office Fax: (760) 771-3063
  • Listing I D: 219054531
  • Listing Office Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Listing Office Fax: (760) 771-3063
  • Selling Office Address: 73-725 El Paseo Dr., Ste 23A, Palm Desert, CA 92260
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Four Seasons at Terra Lago
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Dryer Hookup, Electric Oven, Gas Cooktop, Gas Dryer Hookup, Gas Range, Microwave Oven, Self Cleaning Oven, Water Line to Refrigerator, Water Softener
  • Interior Amenities: High Ceilings (9 Ft+), Open Floorplan, Plaster Walls
  • Flooring: Bamboo, Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 2
  • One Quarter Bathrooms: 1.00
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Formal Dining Room, Kitchen Island, Living/Dining Combo
  • Kitchen Features: Gourmet Kitchen, Granite Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 2708.00
  • Windows Treatments: Blinds

Exterior Features

  • Other Features: Slab
  • Fencing: Block
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway, Garage Door Opener, Golf Cart Garage, Side By Side
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Gated Community
  • Sewer: In Street Paid
  • Water: Water District

Association/Amenities

  • Community Features: Community Mailbox, Golf Course Within Development, Pickle Ball Courts
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Clubhouse, Security
  • Association Amenities: Banquet Facilities, Basketball Court, Billiard Room, Card Room, Clubhouse, Fire Pit, Fitness Center, Golf Course, Guest Parking, Maintenance Grounds, Management, Pet Rules, Picnic Area, Playground, Recreation Room, 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: 696310011
  • Irrigation: Drip System, Sprinkler System
  • Lot Description: Back Yard, Front Yard, Landscaped, Sidewalks, Storm Drains, Street Lighting, Street Paved, Utilities Underground
  • Lot Size: 8712.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Tax Info

  • Mello Roos: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2020
Closed on
May 6, 2021
Sold by
Love James and Brunais Harlan
Bought by
Tracy Ronald R and Rose Claudine Marie
Seller's Agent
Joakim Kollberg Dahlstroem
H M H Referral, Inc.
Buyer's Agent
Travis Jenkins
Windermere Real Estate
List Price
$484,900
Sold Price
$484,900
Current Estimated Value
$613,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,191
Avg. Annual Appreciation
5.28%
Original Mortgage
$100,000
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Oct 24, 2016
Sold by
Terra Lago Indio Llc
Bought by
Love James and Brunais Harlan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,199
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Tracy Ronald R $485,000 Equity Title Company
Love James $374,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tracy Ronald R $100,000
Previous Owner Love James $367,199
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $484,900 0.0% $179 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $484,900 -- $179 / 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 $7,755 $524,869 $97,418 $427,451
2023 $7,755 $504,489 $93,636 $410,853
2022 $7,280 $494,598 $91,800 $402,798
2021 $6,205 $400,972 $80,191 $320,781
2020 $5,879 $396,861 $79,369 $317,492
2019 $5,747 $389,080 $77,813 $311,267
2018 $5,622 $381,452 $76,289 $305,163
2017 $3,719 $225,873 $54,873 $171,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219054531

California Desert Association of REALTORS®

APN: 696-310-011