84125 Tramonto Way, Indio CA, 92203
(Active)
$749,900
|
4 beds, 2 Full baths, 1,737 sqft
|
MLS# 219107594DA
Last Updated: 4/29/2024 5:15 AM
Description for
84125 Tramonto Way
Indio, CA 92203
Welcome to the coveted community of Terra Lago located in the City of Festivals, Indio CA! This is your chance to own a stunning 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.
Price
$749,900
Terra Lago
Riverside
4
2 Full
1,737 (approx)
219107594DA
Active
Description
Welcome to the coveted community of Terra Lago located in the City of Festivals, Indio CA! This is your chance to own a stunning 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.
Listing Information
| Property Type: Single Family, 1 Story | ||
| 4 | 2 Full | |
| 0.13 Acres | Assessor | 1,737 (approx) |
| 2011 | Yes-2 spaces | 1 |
Terra Lago
Cable Available
Neighborhood
Room Information
| Bathrooms | |||
| 2 | |||
Total: 4
Fireplace
Interior Features
Vinyl
Gas Heat,
Central
Family Room,Gas
Gated Community,24 Hour Security
Partially Furnished
Exterior / Lot Features
2 Garage Spaces,
4 Parking Spaces,
0 Covered Parking Spaces,
Direct Access,Garage
InGround
Electric Heat,In Ground
In Ground,Private
Mountain
Block
Drip Irrigation/Bubblers
Community Features
Gated Community,24 Hour Security
Driving Directions
Google Maps Cross Street: Terra Lago Pkwy.
Financial Considerations
| $300 Monthly |
| 696030051 |
Cash to New Loan
Listing Price History
Indio Real Estate
Indio is located in California. Indio, California 92203 has a population of 91,180.
The median household income in Indio, California 92203 is $74,364. The median household income for the surrounding county is $70,543 compared to the national median of $66,222. The median age of people living in Indio 92203 is 36 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 2/27/2024 | Active | $749,900 USD 48.50% |
|
| 8/29/2022 | Sold | $505,000 USD | public records |
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $9,214 USD | 58.09% | $505,000 USD | - |
| 2022 | $5,828 USD | -0.26% | $505,000 USD | 123.51% |
| 2021 | $5,843 USD | 2.60% | $225,943 USD | - |
| 2020 | $5,695 USD | 0.71% | $225,943 USD | 1.04% |
| 2019 | $5,655 USD | 1.11% | $223,627 USD | 2.00% |