NOT LISTED FOR SALE

85643 Molvena Dr Indio, CA 92203

Estimated Value: $562,000 - $649,000

3 Beds
2.5 Baths
2,416 Sq Ft
$249/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $482,000 $200 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,987/month

94 Days on Market

Highlights

  • Gated with Attendant
  • Active Adult
  • Mountain View
  • In Ground Pool
  • Primary Bedroom Suite
  • Clubhouse

About This Home

As of July 2021

Welcome to Four Seasons Terra Lago and the resort lifestyle of one the desert's finest 55+ plus communities. Spectacular south west facing backyard guarantees gorgeous mountain views, and amazing sunsets,enjoy the tranquility and quiet and peaceful. Backyard professionally landscaped with water feature,pavers and patio cover for entertaining and enjoying the beautiful sunset. Inside this great open floorpan with huge slider,modern tile floors,white kitchen cabinets,beautiful upgraded counter tops,stainless steel appliances,and stylish ceiling fans throughout. Two bedrooms and a office suite and two and a half baths. Master has door out to backyard and added nook in sitting area. Walk in custom closet,dual sinks and a glass- enclosed- shower, custom window treatments.This home is light and bright and no money spared. 2 car garage plus golf cart. You will love the low $220/mo. HOA fee and all the amenities that Four Seasons at Terra Lago has to offer. The lodge clubhouse has a state-of-art fitness center with an aerobic/yoga studio,ballroom,beauty salon with massage room, library, indoor pool, outdoor resort-style pool w/spa and cabanas, bocce ball court, pickle ball, tennis courts and much more.Views, Views, Views !!!!!

Last Agent to Sell the Property

Stacy Halfon

Century 21 Masters License #01214965 Listed on: 03/27/2021

Century 21 Masters

Last Buyer's Agent

Adam Lillestrand

Keller Williams Realty N. Tustin License #01788656

Keller Williams Realty N. Tustin

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 6,970 Sq Ft Lot
  • South Facing Home
  • Wrought Iron Fence
  • Brick Fence
  • Paved or Partially Paved Lot
  • Drip System Landscaping
  • Sprinkler System
  • Property is zoned R1

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • Golf Cart Garage

Property Views

  • Mountain
  • Desert

Interior Spaces

  • 2,416 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Custom Window Coverings
  • Bay Window
  • Sliding Doors
  • Great Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 696320035

Community Details

Overview

  • Active Adult
  • Terra Lago Homeowners Association
  • Terra Lago 1003662 Subdivision

Recreation

  • Tennis Courts
  • Bocce Ball Court

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • Property Attached: No
  • Security: Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Terra Lago - 1003662
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 696320035
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2416.00
  • Interior Amenities: Recessed Lighting
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar
  • Levels: One
  • Price Per Square Foot: 199.50
  • Room Type: Master Suite, Great Room, Master Bedroom
  • Window Features: Bay Window(s), Custom Covering, Drapes
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Direction Faces: South
  • View: Desert, Mountain(s)
  • Fence: Yes
  • Fencing: Brick, Wrought Iron
  • Pool Features: In Ground
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Paved, Garage Door Opener, Garage - Two Door, Golf Cart Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooking, Refrigerator, Microwave, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Bocce Ball Court, Clubhouse, Tennis Court(s), Clubhouse Paid, Call for Rules
  • Association Fee: 220.00
  • Association Fee Frequency: Monthly
  • Association Name: Terra Lago Homeowners
  • Senior Community: Yes

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Paved, Sprinklers Drip System
  • Lot Size Sq Ft: 6970.00

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6970.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
May 28, 2021
Sold by
Jacobson Ronald and Jacobson Rochelle B
Bought by
Smith Cynthia R and Smith Family Trust
Seller's Agent
Stacy Halfon
Century 21 Masters
Buyer's Agent
Adam Lillestrand
Keller Williams Realty N. Tustin
List Price
$540,000
Sold Price
$482,000
Premium/Discount to List
-$58,000
-10.74%
Current Estimated Value
$601,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,059
Avg. Annual Appreciation
5.04%

Purchase Details

Closed on
Jun 5, 2017
Sold by
Terra Lago Indio Llc
Bought by
Jacobson Ronald and Jacobson Rochelle B
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
Smith Cynthia R $482,000 Fidelity National Title
Jacobson Ronald $366,500 First American Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2021 07/09/21 Sold $482,000 -3.6% $200 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
04/12/2021 04/12/21 Price Changed $499,999 -7.4% $207 / Sq Ft
03/27/2021 03/27/21 For Sale $540,000 -- $224 / Sq Ft
Source: Ventura County Regional Data Share

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 $7,539 $511,500 $95,508 $415,992
2023 $7,289 $491,640 $91,800 $399,840
2022 $7,073 $482,000 $90,000 $392,000
2021 $5,906 $392,205 $76,967 $315,238
2020 $5,666 $388,184 $76,178 $312,006
2019 $5,537 $380,574 $74,685 $305,889
2018 $5,330 $366,113 $73,222 $292,891
2017 $194 $15,933 $15,933 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Stacy Halfon

    Century 21 Masters

    Section Image

  • A

    Buyer's Agent in 2021

    Adam Lillestrand

    Keller Williams Realty N. Tustin

    (949) 753-7888

    3 in this area

    68 Total Sales

    Adam Lillestrand
    Section Image
  • Shevy Akason

    Buyer Co-Listing Agent in 2021

    Shevy Akason

    Keller Williams Realty N. Tustin

    (949) 769-1599

    3 in this area

    71 Total Sales

    Shevy Akason
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: 221001599

Ventura County Regional Data Share

APN: 696-320-035

California Riverside County Indio 92203

85643 Molvena Dr, Indio, CA

Not Listed for Sale

Detached

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