tomo logo

$975,000

Beds
5
Baths
3.5
sq ft
2,416

43208 Portuale Ct, Indio, CA 92203

43208 Portuale Ct

Indio, CA 92203

  • Pending
    • Price drop $75,000↓
Investors this is it l!!! This exceptional short-term rental property generated a six-figure gross income in 2023, despite being off the market for two months! This short-term rental is one of the few homes with 5 bedrooms, making it a prime investment opportunity. Built in 2022 and spanning 2,424 sq ft, this magnificent 5-bedroom, 4-bathroom home offers resort-style living at its finest. Includes a newer owned solar system which is essential and an outdoor misting system recently installed in the backyard, enhancing energy efficiency and guest comfort. Awesome breathtaking lake and mountain views and an open floor plan with modern design. Step inside and be greeted by a spacious dining area adjacent to the gourmet kitchen, creating an inviting space for family meals and entertaining guests. Upstairs, four generously sized bedrooms include a luxurious suite with its own private covered balcony, the perfect spot to unwind and soak in the panoramic views. The fifth bedroom, conveniently located on the first floor off the entry, offers flexibility and convenience for guests or use as a home office. The real highlight of this home is the outdoor oasis featuring a sparkling pool and rejuvenating spa, where guests can lounge, swim, and soak up the California sun year-round. Offered turnkey furnished and short-term rental approved, this home presents an exceptional opportunity for investors .

Details

Property type

Single Family Residence

Est. home value

$869,202

Lot size

3,484.8 sq ft

Price per sq ft

$404

Year built

2021

Monthly HOA fee

$285

Price History

08/28/2024
DesertArea

DesertArea #219114596

Pending
$975,000
08/21/2024
DesertArea

DesertArea #219114596

Price change
$975,000
-7.14%
07/26/2024
DesertArea

DesertArea #219114596

Listed
$1,050,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$247,972
Asking price
$975,000
Closing costs (~8% of asking)
-$78,000
Est. remaining loan balance
-$649,028
Cash to seller
$247,972

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

October 2022

Original loan amount

$667,920

Est. remaining balance

$649,028

Interest rate

5.13%

Loan type

New Conventional, 30 year

Seller

Tuan Van Dinh and Van K Tran

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Pending/Under Contract

Tomo last checked: 09/07/2024 at 8:10 PM

Listing updated: 08/28/2024 at 12:39 PM

Listed by: Angela Maciel-Gibbons, HomeSmart Phone #: (760) 844-7500

MLS: DesertArea #219114596

DesertArea logo

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