NOT LISTED FOR SALE

85686 Molvena Dr Indio, CA 92203

Estimated Value: $532,000 - $570,000

2 Beds
2.5 Baths
2,287 Sq Ft
$242/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $450,000 $197 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,543/month

51 Days on Market

Highlights

  • Golf Course Community
  • Active Adult
  • Desert View
  • In Ground Pool
  • Gated Community
  • Retreat

About This Home

As of June 2021

Spectacular opportunity at Four Seasons Terra Lago an active adult resort lifestyle community. Move in ready home built in 2018. Popular Mirage Trail entertaining floor plan with 2 bedrooms 2.5 baths plus a den/office 2283 sq ft. Privacy and newly finished backyard with covered patio, desert scape and artificial turf. Four Seasons Terra Lago offers a 55+ active resort lifestyle with the lodge that includes pool/spa, gym, pool tables, bocce ball, tennis and pickleball. Terra Lago 36-hole golf course located next door and shopping, dining and casinos are located within 5 miles. This is an entertainer's floor plan with entrance to welcome your guests. Kitchen is open to dining and family room. Spacious kitchen with large center island for the chef to cook, prep and entertain. Kitchen also has a pantry for extra storage. Spacious family room opens to dining area and kitchen for comfortable living. Master luxury suite with a slider to the backyard. Large master bathroom with dual vanities, tub, shower and walk in master closet. Second bedroom well located for privacy & quiet and has bath ensuite.Your guests will be happy to stay, relax and enjoy. Powder room great for guests. Upgraded interior laundry room with sink and storage cabinets. Shutters, tile flooring throughout, ceiling fans, lots of storage and warm finishes ready to move in and enjoy. Extra bonus Full 3 car garage for your cars, storage, or work area. Must see Home!

Last Agent to Sell the Property

Debbie Behlman

Berkshire Hathaway HomeServices California Properties License #01473940 Listed on: 04/04/2021

Last Buyer's Agent

Catherine Dean

Real Estate Value Inc. License #01260266

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 6,534

HOA Fees

  • $220 Monthly HOA Fees

Property Views

  • Desert
  • Hills

Interior Spaces

  • 2,287 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Shutters
  • Entryway
  • Great Room
  • Family Room
  • Dining Area
  • Den
  • Tile Flooring

Kitchen

  • Walk-In Pantry
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Retreat
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • 6,534 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 696320012
  • Special Tax Authority

Community Details

Overview

  • Active Adult
  • Four Seasons At Terra Lago Subdivision, Mirage Trail Floorplan

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

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
  • Levels: One
  • Builder Model Name: Mirage Trail
  • Included In Sale: Weber BBQ, Kitchen Fridge, Washer/Dryer.
  • List Price per Sq Ft: 205.07
  • Lp Sp Ratio: 0.9600
  • View Type: Desert, Hills
  • Year Built: 2018
  • Listing I D: 219059935
  • Listing Office Address: 74-990 Highway 111, Indian Wells, CA 92210
  • Selling Member Address: 80165 Bridgeport Drive, Real Estate Value, Inc., Indio, CA 92201
  • Selling Office Address: 80165 Bridgeport Drive, Real Estate Value, Inc., Indio, CA 92201
  • Land Type: Fee
  • Subdivision: Four Seasons at Terra Lago
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Washer, Refrigerator, Dishwasher
  • Flooring: Tile
  • Bedroom Features: Master Retreat, Walk In Closet
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Kitchen Features: Granite Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 2287.00
  • Windows Treatments: Shutters

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Garage Door Opener
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Forced Air
  • Security: Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Amenities: Management, Pet Rules
  • HOA Information: Yes
  • HOA Fee 1: 220.00
  • Senior Community: Yes
  • Total Monthly Association Fees: 220.00

Lot Info

  • Assessor Parcel Number: 696320012
  • Lot Size: 6534.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2021
Closed on
May 11, 2021
Sold by
Mcguire Kevin and Mcguire Monica
Bought by
Gannon Cynthia Marie and Gannon Patrick
Seller's Agent
Debbie Behlman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Catherine Dean
Real Estate Value Inc.
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%
Current Estimated Value
$553,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,276
Avg. Annual Appreciation
4.56%

Purchase Details

Closed on
Aug 15, 2019
Sold by
Terra Lago Indio Llc
Bought by
Mcguire Kevin and Mcguire Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,337
Interest Rate
3.5%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Gannon Cynthia Marie $450,000 Wfg National Title Co Of Ca
Mcguire Kevin $351,500 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcguire Kevin $355,337
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2021 06/11/21 Sold $450,000 -4.1% $197 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
04/04/2021 04/04/21 For Sale $469,000 -- $205 / Sq Ft
Source: California Desert Association of REALTORS®

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 $5,404 $332,779 $59,252 $273,527
2023 $5,404 $319,858 $56,952 $262,906
2022 $4,647 $459,000 $91,800 $367,200
2021 $5,506 $354,745 $75,775 $278,970
2020 $4,807 $351,109 $74,999 $276,110
2019 $203 $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

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219059935

California Desert Association of REALTORS®

APN: 696-320-012