tomo logo

$775,000

Beds
4
Baths
3.0
sq ft
2,803

43996 Salpare Way, Indio, CA 92203

43996 Salpare Way

Indio, CA 92203

  • 120 days on market
    • Price drop $25,000↓
HUGE DROP IN PRICE!!! Spectacular upgraded single story turnkey home that features just over 2800 sqft of living space, open concept kitchen and living area, 4 spacious bedrooms, 3 bathrooms, 3 car garage, newer flooring throughout, sprinkler system, recess lighting and much more! Primary room has a private bathroom with double sinks, walk-in closet, plenty of natural sunlight and direct access to the backyard. House is fully furnished and can be purchased OUTSIDE of the sale, includes stove, refrigerator, dishwasher, washer/dryer, 4k televisions, pool table and patio furniture. Beautiful backyard is a true oasis offering mature landscaping, breathtaking mountain views, natural gas firepit, BBQ, private saltwater pool and cascading spa with tanning ledge and LED color changing pool lights that can be controlled by your cell phone. Backyard is ideal for entertaining family and friends or just relaxing in the privacy of your own backyard. Home is located in the prestigious community of Terra Lago that has a 20-acre recreational lake, clubhouse, fitness center, playground, community pool, free internet/cable, 24-hour security and guard-controlled access. Terra Lago is conveniently located near Palm Springs, dining, shopping, casino, Coachella Fest, Stagecoach and the new Acrisure Arena. Salpare is perfect for a primary residence or as a seasonal and/or year-round short term rental property to generate an endless stream of income. This Property has a successful track record for short term rentals with over a 3 history and a 5-star rating! Don't miss out on the rare opportunity to purchase this amazing property!!

Details

Property type

Single Family Residence

Est. home value

$1,049,427

Lot size

8,712 sq ft

Price per sq ft

$277

Year built

2005

Monthly HOA fee

$300

Price History

08/19/2024
CRMLS

CRMLS #IN24153288

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

CRMLS #IN24153288

Price change
$800,000
+14.29%
07/25/2024
CRMLS

CRMLS #IN24153288

Listed
$700,000
-29.15%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fishing, Golf, Lake, Park, Sidewalks

High school district: 

Desert Sands Unified

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

-$97,450
Asking price
$775,000
Closing costs (~8% of asking)
-$62,000
Est. remaining loan balance
-$810,450
Cash to seller
-$97,450

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

$810,450

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?

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Status: Active

Tomo last checked: 11/22/2024 at 3:45 PM

Listing updated: 10/14/2024 at 10:45 PM

Listed by: Katrina Eldridge, HomeSmart Realty Group Phone #: (562) 912-7770

MLS: CRMLS #IN24153288

CRMLS logo

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