tomo logo

$1,600,000

Beds
5
Baths
4.0
sq ft
2,961

80868 Song Bird Ave, Indio, CA 92201

80868 Song Bird Ave

Indio, CA 92201

  • 37 days on market
    • Price drop $100,000↓
PRICE REDUCTION, MAKE THIS YOUR NEW HOME OR INVESTMENT. Discover the epitome of luxury and investment potential with this modern retreat in Indio, home to Coachella, Stagecoach, and world-class golf and tennis tournaments. This 5-bedroom, 4-bathroom oasis, featuring a private casita, blends style, comfort, and opportunity, operating as an active short-term rental with excellent income potential. Inside, an open-concept layout highlights a gourmet kitchen with premium appliances, perfect for entertaining. The casita provides a private escape for guests, enhancing the home's flexibility and appeal. Step outside to an expansive resort-style backyard designed for relaxation and play. Take a dip in the sparkling pool, unwind in the spa, or challenge friends to a game of giant chess or bocce. Lounge in the sand pit hammock, watch the game at the outdoor bar or gather around the firepit as you soak in views. A covered patio offers a shaded retreat for alfresco dining and outdoor relaxation. Located in a secure, gated community, this home provides both privacy and peace of mind. Just moments from Indio's famous festivals and attractions, this luxurious sanctuary is perfect for personal use or as a high-yield investment. Embrace the ultimate desert lifestyle with this modern masterpiece!

Details

Property type

Single Family Residence

Est. home value

$1,779,813

Lot size

Unknown

Price per sq ft

$541

Year built

2004

Monthly HOA fee

$175

Price History

11/12/2024
DesertArea

DesertArea #219117923

Price change
$1,600,000
-5.88%
10/08/2024
DesertArea

DesertArea #219117923

Listed
$1,700,000
10/04/2024
DesertArea

DesertArea #219117328

Removed
$1,700,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$281,130
Asking price
$1,600,000
Closing costs (~8% of asking)
-$128,000
Est. remaining loan balance
-$1,190,870
Cash to seller
$281,130

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

Seller’s Loan History

Lender

Nexera Holding Llc

Loan start date

November 2021

Original loan amount

$1,275,000

Est. remaining balance

$1,190,870

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Christina Ngoc Tram 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: Active

Tomo last checked: 11/14/2024 at 2:35 PM

Listing updated: 11/12/2024 at 9:50 AM

Listed by: John Michael Rone, HomeSmart Phone #: (760) 844-7500

MLS: DesertArea #219117923

DesertArea logo

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