NOT LISTED FOR SALE

85662 Molvena Dr Indio, CA 92203

Estimated Value: $536,830 - $573,000

3 Beds
3 Baths
2,506 Sq Ft
$221/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $479,000 $191 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,532/month

46 Days on Market

Highlights

  • Golf Course Community
  • Heated Indoor Pool
  • Primary Bedroom Suite
  • Fitness Center
  • Active Adult
  • Gated Community

About This Home

As of December 2021

Four Seasons at Terra Lago - sought-after Pinyon Flats model built in 2018 boasts 3 spacious bedrooms, 3 bathrooms, golf cart garage, & open-concept living space! Home is located within the resort-like Four Seasons gated community, a 55+ neighborhood with low-HOA dues of $220 per month. The Lodge clubhouse is a short golf cart drive's distance. Community amenities are plentiful, including fitness center, yoga studio, ballroom, beauty salon with massage room, indoor pool, outdoor pool with spa & cabanas, pickle ball courts, bocce ball courts, tennis courts, much more. Sellers have spared no expense on upgrades; including front & backyard landscaping with durable pavers, marble kitchen counter tops & island, glass kitchen subway tile backsplash, light fixtures, & living room built-in entertainment unit. Located nearby the Terra Lago Golf Course, the home is a short drive to renowned attractions such as the Indian Wells Tennis Garden, Empire Polo Grounds, El Paseo Shopping District, The River at Rancho Mirage, & Palm Springs.

Last Agent to Sell the Property

Vladlen Roytapel

Redfin Corporation License #02098913 Listed on: 09/20/2021

Last Buyer's Agent

Bryon Willie

Bennion Deville Homes License #02129528

Bennion Deville Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,009

Year Built

  • Built in 2018

Lot Details

  • 6,534 Sq Ft Lot
  • Home has North and South Exposure
  • Block Wall Fence
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Back and Front Yard

HOA Fees

  • $220 Monthly HOA Fees

Property Views

  • Mountain
  • Desert
  • Valley

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,506 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • 1 Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Sliding Doors
  • Great Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Guest Parking
  • Golf Cart Garage

Pool

  • Heated Indoor Pool
  • Heated Lap Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Spa
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Underground Utilities
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 696320010

Community Details

Overview

  • Active Adult
  • Association fees include building & grounds, clubhouse
  • Built by K. Hovnanian Homes
  • Four Seasons At Terra Lago Subdivision, Pinyon Flats Floorplan
  • On-Site Maintenance
  • Greenbelt
  • Planned Unit Development

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Meeting Room
  • Card Room
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Sport Court
  • Bocce Ball Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,009

Year Built

Built in 2018

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, Leisure Faces North
  • Levels: One
  • Builder Model Name: Pinyon Flats
  • Builder Name: K. Hovnanian Homes
  • List Price per Sq Ft: 191.14
  • Lp Sp Ratio: 1.0000
  • View Type: Desert, Valley, Mountain(s)
  • Year Built: 2018
  • Co Selling Member Address: 71-691 Highway 111, Rancho Mirage, CA 92270
  • Co Selling Member Fax: (760) 770-6951
  • Co Selling Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Co Selling Office Fax: (760) 770-6951
  • Listing I D: 219067824
  • Listing Office Address: 1260 Corona Pointe Ct Ste 306, Corona, CA 92879
  • Listing Office Fax: (949) 682-4734
  • Selling Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Selling Office Fax: (760) 340-9254
  • Land Type: Fee
  • Subdivision: Four Seasons at Terra Lago
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave Oven, Self Cleaning Oven, Disposal, Freezer
  • Interior Amenities: High Ceilings (9 Ft+), Recessed Lighting, Open Floorplan
  • Flooring: Carpet, Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Shower Stall, Shower Over Tub, Shower & Tub, Low Flow Toilet(s), Low Flow Shower(s), Linen Closet
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo, Kitchen Island, Formal Dining Room, Dining Area
  • Kitchen Features: Island, Pantry, Marble Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 2506.00
  • Windows Treatments: Double Pane Windows, Low Emissivity Windows

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Fencing: Block, Fenced
  • Foundation: Slab
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, Community, In Ground, Fenced, Lap, Indoor
  • Pool Location: Community
  • Planned Unit Development: Yes
  • 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
  • Parking: Golf Cart Garage, Garage Door Opener, Direct Entrance
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Fire Sprinkler System, Fire Alarm
  • Sewer: In Street on Bond

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Clubhouse
  • Association Amenities: Barbecue, Basketball Court, Tennis Courts, Sport Court, Recreation Room, Paddle Tennis, Pet Rules, Picnic Area, Management, Meeting Room, Maintenance Grounds, Hot Water, Guest Parking, Greenbelt/Park, Fitness Center, Card Room, Clubhouse, Controlled Access, Biking Trails, Billiard Room, Banquet Facilities, Bocce Ball Court
  • HOA Information: Yes
  • HOA Fee 1: 220.00
  • Senior Community: Yes
  • Total Monthly Association Fees: 220.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 696320010
  • Irrigation: Sprinkler System
  • Lot Description: Back Yard, Utilities Underground, Street Lighting, Street Paved, Sidewalks, Front Yard, Curbs
  • Lot Size: 6534.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2024
Sold by
Marshall Frank V and Marshall Dorinda K
Bought by
Marshall
Current Estimated Value
$552,958

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 2, 2021
Sold by
Belt Gordon Addison and Belt Lisa Ann
Bought by
Marshall Frank V and Marshall Dorinda K
Seller's Agent
Vladlen Roytapel
Redfin Corporation
Buyer's Agent
Bryon Willie
Bennion Deville Homes
List Price
$489,000
Sold Price
$479,000
Premium/Discount to List
-$10,000
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$200,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2019
Closed on
Feb 22, 2019
Sold by
Terra Lago Indio Llc
Bought by
Belt Lisa Ann and Belt Gordon Addison
Seller's Agent
Michael Weinert
K Hovnanian Homes, Inc.
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$377,402
Sold Price
$367,342
Premium/Discount to List
-$10,060
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$293,850
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Marshall -- None Listed On Document
Marshall Frank V $479,000 Orange Coast Title Company
Belt Lisa Ann $367,500 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marshall Frank V $200,000
Previous Owner Belt Lisa Ann $293,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2021 12/08/21 Sold $479,000 0.0% $191 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
10/15/2021 10/15/21 Price Changed $479,000 -2.0% $191 / Sq Ft
09/20/2021 09/20/21 For Sale $489,000 +33.1% $195 / Sq Ft
03/29/2019 03/29/19 Sold $367,342 -4.4% $146 / Sq Ft View Prior Sale
03/05/2019 03/05/19 Pending -- -- --
01/25/2019 01/25/19 Price Changed $384,302 +0.7% $153 / Sq Ft
01/20/2019 01/20/19 Price Changed $381,802 +1.2% $152 / Sq Ft
01/08/2019 01/08/19 For Sale $377,402 -- $150 / 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 $5,009 $299,828 $56,333 $243,495
2023 $5,009 $288,188 $54,147 $234,041
2022 $4,656 $479,000 $90,000 $389,000
2021 $5,782 $378,569 $20,611 $357,958
2020 $5,093 $374,688 $20,400 $354,288
2019 $720 $16,576 $16,576 $0
2018 $199 $16,251 $16,251 $0
2017 $194 $15,933 $15,933 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2021

    Vladlen Roytapel

    Redfin Corporation

  • B

    Buyer's Agent in 2021

    Bryon Willie

    Bennion Deville Homes

    (760) 340-9253

    2 in this area

    36 Total Sales

    Bryon Willie
    Section Image

  • J

    Buyer Co-Listing Agent in 2021

    Jaclynn Chaney

    Bennion Deville Homes

    (760) 333-2026

    2 in this area

    35 Total Sales

    Jaclynn Chaney
    Section Image

  • M

    Seller's Agent in 2019

    Michael Weinert

    K Hovnanian Homes, Inc.

    Section Image

  • O

    Buyer's Agent in 2019

    Out Side Agent

    Desert Real Estate Consultants, Inc.

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219067824

California Desert Association of REALTORS®

APN: 696-320-010

California Riverside County Indio 92203

85662 Molvena Dr, Indio, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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