Welcome to the coveted community of Terra Lago located in the City of Festivals, Indio CA! This is your chance to own a stunning furnished 4-bedroom, 2-bath home in the only guard-gated lake community in the Coachella Valley that allows short-term rentals with no restrictions. Step inside and be wowed by this home's newer interior and exterior paint, appealing newer flooring, custom shower, and upgraded pool with spa and firepit. The floorplan optimizes space, providing a feeling of spaciousness that belies the square footage. And with artificial turf throughout the backyard featuring coveted south mountain views, this home will take your breath away.As a bonus, this property is priced below market value, making it a steal in comparison to other similar properties in the area. This home is positioned for savvy investors who want to invest in the growing Coachella Valley and benefit from the area's continued development.In fact, this home offers unlimited potential passive income through short-term rentals and is an excellent 1031 tax exchange property. It represents the perfect opportunity for investors who want a home that they can generate income from, but also enjoy as a vacation retreat.Don't miss the chance to own this fantastic home in the prized Terra Lago community, with plenty of walking areas, parks, sidewalks, clubhouse, fitness centers, and playgrounds, amongst other amenities.
Property Details
Property Features
Property Information:
Year Built: 2011
Stories: 1
Living Area: 1,737 SqFt
Listing Office:
Office Name: HomeSmart
Office Phone: (760) 844-7500
Listing Agent: David Colin
Interior Features
Interior Information:
Flooring Type: Vinyl
Fireplace: Family Room, Gas
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: Yes
View: Mountain(s)
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Parking: Direct Access, Garage
Lot Features
Lot Information:
Lot: Irrigation System
Lot Size: 0.13 Acres
Utilities
Utilities Information:
Heating: Central, Natural Gas
Other
Directions Information:
Directions: Google Maps Cross Street: Terra Lago Pkwy.
Price Information
Listing Price Info
Price Summary:
List Price: $719,900
Price Per SqFt: $414/SqFt
HOA Fees:
Amount: $300
Frequency: Monthly
Tax Information:
Annual Amount: $5,695
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Indio, CA.
This property is $180.1K more than the Median Sold Price and $128/SqFt more than other homes in Indio, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #219112992DA
Listing Office:
Office Name: HomeSmart
Office Phone: (760) 844-7500
Listing Agent: David Colin
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/23/2024, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 27, 2014
Aug 27, 2014Home Sold
$203,500
Mar 16, 2012
Mar 16, 2012Home Sold
$159,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$5,695
$225,943
2020
$5,694
$223,627
2018
$5,593
$214,946
2017
$5,488
$210,733
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Andrew Jackson Elementary School
82850 Kenner Ave
Distance between this listing and this school1.24 miles
Public District Grades KG-5
5
/10
Richard R. Oliphant Elementary School
41633 Gore St
Distance between this listing and this school1.78 miles
Public District Grades KG-5
4
/10
Herbert Hoover Elementary School
44300 Monroe St
Distance between this listing and this school2.20 miles
Public District Grades KG-5
Nearby Schools
2
/10
Thomas Jefferson Middle School
83089 US Highway 111
Distance between this listing and this school1.91 miles
Public District Grades 6-8
4
/10
Indio Middle School
81195 Miles Ave
Distance between this listing and this school3.20 miles
Public District Grades 6-8
3
/10
Imagine Schools Riverside County
50930 Calhoun St
Distance between this listing and this school4.07 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Amistad High (Continuation)
83501 Dillon Ave
Distance between this listing and this school1.08 miles
Public District Grades 9-12
3
/10
Indio High School
81750 Avenue 46
Distance between this listing and this school2.93 miles
Public District Grades 9-12
5
/10
Shadow Hills High School
39225 Jefferson St
Distance between this listing and this school4.60 miles
The neighbors living near this home have an average income of $107,353. The most common annual income of people living in Indio, CA is between $100k-200k. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 84125 Tramonto Way
What is the listing price of this property?
The listing price of 84125 Tramonto Way property is $719,900.
What type of property is this?
The property 84125 Tramonto Way is a house located in Indio, California, 92203.
Is this property for sale now?
Active Listing: 84125 Tramonto Way is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $5,695 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 27, 2014 for $203,500. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 84125 Tramonto Way has 4 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 84125 Tramonto Way is 1,737 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 84125 Tramonto Way is 2011.
This home is located at 84125 Tramonto Way in Indio, CA and zip code 92203. This 1,737 square foot home, which was built in 2011, sits on a 0.13 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 20, 2024 and is currently priced at $719,900.
Indio, CA housing market in October 2024 saw over 18 listings sold above listed price, more than 12 sold at listed price and over 30 sold below. In October 2024 in Indio, CA there were 16.2% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $539,732, while the average time on the real estate market was 55 days.
From Rocket Homes Real Estate and based on county public records data.