tomo logo

$749,000

Beds
5
Baths
3.5
sq ft
2,395

50264 San Capistrano Dr, Coachella, CA 92236

50264 San Capistrano Dr

Coachella, CA 92236

  • 70 days on market
    • Price drop $28,000↓
Successful short-term rental home near the Coachella Festival! NO HOA! This turn-key, pool home comes fully furnished, including kitchenware. Close escrow and start renting right away with bookings already on the calendar. This 5-bedroom 3.5 bath home is in one of the nicest communities in the Coachella area. As you enter through the front door, you walk into an open floor plan with the living room, dining room, and kitchen all connected. The kitchen is equipped with granite countertops, bar top seating, and stainless-steel appliances. With one bedroom downstairs and four bedrooms upstairs, there’s plenty of space for you or your guests to spread out. The backyard offers a large, heated pool with an attached jacuzzi and a waterfall feature. Hang out in the pool and enjoy the covered patio equipped with a TV to enjoy some entertainment while you relax. The entry-way of the property is gated with low maintenance landscape. Located in a desirable location close to shopping centers, restaurants, and the Festival grounds. This is a great family home, 2nd home, or a fantastic investment opportunity!!!! Rental history available upon request!

Details

Property type

Single Family Residence

Est. home value

$778,544

Lot size

6,098 sq ft

Price per sq ft

$313

Year built

2005

HOA

No

Price History

10/09/2024
CRMLS

CRMLS #OC24186500

Price change
$749,000
-3.6%
09/23/2024
CRMLS

CRMLS #OC24186500

Price change
$777,000
-1.27%
09/13/2024
CRMLS

CRMLS #OC24186500

Listed
$787,000
+153.87%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Golf

High school district: 

Coachella Valley 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

$406,434
Asking price
$749,000
Closing costs (~8% of asking)
-$59,920
Est. remaining loan balance
-$282,646
Cash to seller
$406,434

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

February 2022

Original loan amount

$300,000

Est. remaining balance

$282,646

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

Alfredo Mondragon and Anabel Mondragon

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
$669,000
5 bd
|
3.5 ba
|
2,554 sq ft
|
House

80595 Key Largo Dr, Indio, CA 92201

Price drop
CRMLS
$759,000
5 bd
|
3 ba
|
2,389 sq ft
|
House

48620 Anastacia Ct, Indio, CA 92201

New
CRMLS
$700,000
5 bd
|
3.5 ba
|
2,901 sq ft
|
House

82697 Cody Dr, Indio, CA 92203

Status: Active

Tomo last checked: 11/22/2024 at 2:40 PM

Listing updated: 11/09/2024 at 2:35 PM

Listed by: Kevin Braga, Innovate Realty, Inc. Phone #: (949) 617-2875

MLS: CRMLS #OC24186500

CRMLS logo

Recently listed in Coachella