tomo logo

$1,049,427Estimated home value

Beds
4
Baths
3.0
sq ft
2,803

43996 Salpare Way, Indio, CA 92203

43996 Salpare Way

Indio, CA 92203

  • Sold On 9/8/2022
This recently updated successful short term rental home is being offered beautifully furnished with modern furnishings inside and out! The gorgeous backyard has a custom private Pool/Spa and the home offers 4 Bedroom, 3 Bath with a 3 car garage!! This is home is priced to reflect today's current market conditions and will not last!! Let the seller's lose, be your gain! This home is located in Terra Lago community which offers a spectacular lake, walk ways, clubhouse, fitness center and is guard gated! This community does not have rental restrictions and will be a perfect investment for the savvy investor who is looking to generate passive income years to come. This vacation rental is on pace to generate $180,000 in rental in 2022. The exterior offers a fire pit, outdoor BBQ, private saltwater pool and cascading spa with spacious tanning ledge and LED color changing pool lights and has magnificent mountain views. The outdoor living area is perfect for lounging and entertaining. The well furnished family room has multiple windows looking out to the east facing mountains and has a modern linear fireplace with beautiful stacked stone as its backdrop. The flooring is newer and so are the the modern furnishings which include a pool table, 4k T.Vs, washer, dryer and everything else you can think of! This home will not last! This is the perfect buying opportunity for the buyer who's in need of a 1031 tax exchange.

Details

Property type

Single Family Residence

Est. home value

$1,049,427

Lot size

8,712 sq ft

Price per sq ft

$393

Year built

2005

Monthly HOA fee

$269

Price History

03/01/2025
CRMLS

CRMLS #IN24153288

Removed
$775,000
08/19/2024
CRMLS

CRMLS #IN24153288

Price change
$775,000
-3.13%
07/28/2024
CRMLS

CRMLS #IN24153288

Price change
$800,000
+14.29%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Golf

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

$203,517
Asking price
$1,099,000
Closing costs (~8% of asking)
-$87,920
Est. remaining loan balance
-$807,563
Cash to seller
$203,517

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

Seller’s Loan History

Lender

Blueleven Mortgage Capital

Loan start date

July 2022

Original loan amount

$825,000

Est. remaining balance

$807,563

Interest rate

5.23%

Loan type

New Conventional, 40 year

Seller

Elva P Velazquez and Noemi Velasquez

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?

Similar Homes Nearby

Price drop
CRMLS
$680,000
4 bd
|
3 ba
|
3,142 sq ft
|
House

43780 Salpare Pl, Indio, CA 92203

Price drop
CRMLS
$744,000
4 bd
|
3 ba
|
2,595 sq ft
|
House

43128 Sentiero Dr, Indio, CA 92203

CRMLS
$679,900
4 bd
|
3 ba
|
2,510 sq ft
|
House

79534 Dandelion Dr, La Quinta, CA 92253

Status: Off Market

Tomo last checked: 04/04/2025 at 4:15 AM

Listing updated: 10/13/2024 at 9:02 PM

Listed by: David Colin, HomeSmart Phone #: (760) 844-7500

MLS: DesertArea #219082180

DesertArea logo

Recently listed in Indio

$515,000|2 bd|2.0 ba|House
$499,000|2 bd|1.75 ba|House
$384,900|2 bd|2.0 ba|House
$659,000|4 bd|2.5 ba|House
$475,000|3 bd|2.0 ba|House
$675,000|4 bd|3.0 ba|House
$619,000|4 bd|2.0 ba|House
$665,000|4 bd|3.0 ba|House
$1,900,000|6 bd|5.0 ba|House