NOT LISTED FOR SALE

85750 Molvena Dr Indio, CA 92203

Estimated Value: $574,913 - $638,000

3 Beds
3 Baths
2,519 Sq Ft
$238/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $363,479 $144 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,888/month

57 Days on Market

Highlights

  • Fitness Center
  • Active Adult
  • Gated Community
  • Heated Indoor Pool
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of March 2019

Four Seasons at Terra Lago in Indio is our newest community for those 55 and better! This brand new collection of homes at Terra Lago will feature single family homes up to approximately 2,747 square feet and up to 4 bedrooms. These open home designs feature spacious living areas perfect for functional living. Next to Terra Lago's Golf Course it's perfect to enjoy and entertain family and friends. Four Seasons is known for its resort-style living, and that's just what you'll find at The Lodge clubhouse. At this approximately 22,000 sq. ft. facility you will experience incredible amenities such as a state-of-the-art fitness center with an aerobics/yoga studio, ballroom, beauty salon with massage room, and an indoor pool. Outdoors, you will find a resort-style pool with spa and cabanas, a bocce ball court, tennis courts, and so much more!

Last Agent to Sell the Property

Michael Weinert

K Hovnanian Homes, Inc. License #01418607 Listed on: 01/08/2019

Last Buyer's Agent

Out Side Agent

Desert Real Estate Consultants, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,290

Lot Details

  • 8,115 Sq Ft Lot
  • Block Wall Fence
  • Paved or Partially Paved Lot
  • Drip System Landscaping
  • Sprinklers on Timer
  • Back and Front Yard

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,519 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Great Room
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 2 Car Direct Access Garage
  • Golf Cart Garage

Eco-Friendly Details

  • Green Features
  • Green Roof
  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Pool

  • Heated Indoor Pool
  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Spa
  • Gunite Pool

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 601091017
  • Special Tax Authority

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

Amenities

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

Recreation

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

Security

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,290

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: Pinyon Flats
  • Builder Name: K. Hovnanian Homes
  • Builders Tract Code: FourSeasonsTerraLago
  • Building Style: Spanish
  • Included In Sale: Energy Saving Features Include: Rinnai Tankless Water Heater, Energy Star Appliances, Radiant Roof Barrier-Tech Shield, and Low E Energy Efficient Windows. This home is a 3 bedroom + 3 bath with extra cabinets in laundry room, JAVA stain maple Cabinets, and MOON WHITE Granite Slab in kitchen, GE Stainless Steel Appliances, , ceiling fan outlets throughout, prewired for pendants over kitchen island Bath 2 upgraded to shower instead of tub/shower combo
  • List Price per Sq Ft: 152.88
  • Lp Sp Ratio: 0.9438
  • Listing I D: 219001015
  • Listing Member Address: 1260 Corona Pointe Court, ste 301, Corona, CA 92879
  • Listing Office Address: 1260 Corona Pointe Court, ste 301, Corona, CA 92879
  • Listing Office Fax: (877) 429-3610
  • Selling Member Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Fax: (760) 999-9999
  • Land Type: Fee
  • Subdivision: Four Seasons at Terra Lago
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Dryer Hookup, Gas Oven, Gas Range, Gas/Elec Dryer Hookup, Microwave Oven, Water Line to Refrigerator
  • Interior Amenities: High Ceilings (9 Ft+), Open Floorplan, Recessed Lighting
  • Flooring: Carpet, Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Linen Closet, Low Flow Shower(s), Low Flow Toilet(s), Shower & Tub, Shower Over Tub, Shower Stall
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Dining Area, Formal Dining Room, Kitchen Island, Living/Dining Combo
  • Kitchen Features: Granite Counters, Island, Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 2519.00
  • 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: Gunite, In Ground
  • Pool Description: Heated, Indoor
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Community, Hot Tub

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Golf Cart Garage
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

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

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Clubhouse
  • Association Amenities: Banquet Facilities, Barbecue, Billiard Room, Card Room, Clubhouse, Controlled Access, Fire Pit, Fitness Center, Management, Meeting Room, Paddle Tennis, Picnic Area, Recreation Room, Sport Court, 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: 601091017
  • Irrigation: Drip System, Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.1900
  • Lot Description: Back Yard, Curbs, Front Yard, Sidewalks, Street Lighting, Street Paved, Utilities Underground
  • Lot Size: 8115.00

Green Features

  • Green Energy Efficient: Construction, HVAC, Roof, Thermostat, Windows
  • Green Features: Yes

Rental Info

  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Mar 20, 2019
Sold by
Terra Lago Indio Llc
Bought by
Martinez Jose Daniel
Seller's Agent
Michael Weinert
K Hovnanian Homes, Inc.
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$373,310
Sold Price
$363,479
Premium/Discount to List
-$9,831
-2.63%
Current Estimated Value
$600,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,249
Avg. Annual Appreciation
7.92%
Original Mortgage
$327,100
Outstanding Balance
$286,991
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$313,737
Source: Public Records

Range of Values:

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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
Martinez Jose Daniel $363,500 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Jose Daniel $327,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $363,479 -5.6% $144 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
01/25/2019 01/25/19 Price Changed $385,110 +0.7% $153 / Sq Ft
01/20/2019 01/20/19 Price Changed $382,610 +2.5% $152 / Sq Ft
01/08/2019 01/08/19 For Sale $373,310 -- $148 / 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 $6,290 $405,462 $22,308 $383,154
2023 $6,290 $389,720 $21,443 $368,277
2022 $5,917 $382,079 $21,023 $361,056
2021 $5,760 $374,588 $20,611 $353,977
2020 $5,539 $370,748 $20,400 $350,348
2019 $1,204 $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: 219001015

California Desert Association of REALTORS®

APN: 696-320-017