tomo logo

$605,000

Beds
4
Baths
2.0
sq ft
1,460

80957 Rio Grande Ave, Indio, CA 92201

80957 Rio Grande Ave

Indio, CA 92201

  • 18 days on market
Introducing a remarkable opportunity to own a stunning 4-bedroom, 2-bathroom home in Indio, complete with a pool, spa, and tastefully updated kitchen and bathrooms. This exceptional property has a proven track record as a successful short-term rental, making it an enticing investment prospect. Here's a detailed description of this captivating home: Located in a desirable neighborhood of Indio, this charming residence showcases a modern design and a host of impressive features. The moment you enter, you'll be captivated by the stylish and inviting atmosphere that flows throughout. The heart of the home is the meticulously updated kitchen, boasting sleek countertops, custom cabinetry, and state-of-the-art stainless steel appliances. It's a chef's paradise, offering ample space for culinary creations and an island or breakfast bar for casual dining. The kitchen seamlessly connects to the dining area, creating an ideal space for entertaining family and friends. The spacious living room is bathed in natural light, creating an airy ambiance for relaxation and gathering. Unwind in comfort and enjoy the view of the backyard oasis through large windows. The open floor plan enhances the sense of spaciousness, making it easy to host memorable social gatherings. The primary bedroom suite is a tranquil retreat, featuring generous proportions, plush carpeting, and a private ensuite bathroom. The ensuite has been thoughtfully updated, exuding a spa-like ambiance with modern fixtures, a luxurious shower, and sleek finishes. Three additional well-appointed bedrooms offer versatility and comfort, accommodating guests or serving as a home office or fitness space to suit your needs. Stepping outside, you'll discover a true paradise. The backyard is a private haven, complete with a sparkling pool and an adjacent spa, inviting you to indulge in ultimate relaxation and leisure. Lounge on the sun-drenched patio or enjoy al fresco dining under the shade of a covered outdoor area. This outdoor oasis is perfect for hosting gatherings, BBQs, or simply soaking up the sun in a serene and private setting. Indio is a vibrant city that attracts visitors year-round with its rich cultural events, renowned festivals, and world-class golf courses. Owning this exceptional property not only offers a luxurious lifestyle but also presents a lucrative opportunity for short-term rental income, given its successful track record.

Details

Property type

Single Family Residence

Est. home value

$675,821

Lot size

6,970 sq ft

Price per sq ft

$415

Year built

1988

HOA

No

Price History

12/05/2024
CRMLS

CRMLS #GD24190743

Removed
$605,000
12/05/2024
CRMLS

CRMLS #GD24244873

Listed
$605,000
09/23/2024
CRMLS

CRMLS #GD24190743

Listed
$605,000
-0.82%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Suburban, Sidewalks

High school district: 

ABC 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

$144,052
Asking price
$605,000
Closing costs (~8% of asking)
-$48,400
Est. remaining loan balance
-$412,548
Cash to seller
$144,052

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

Seller’s Loan History

Lender

Pmac Lending Services Inc

Loan start date

March 2022

Original loan amount

$436,500

Est. remaining balance

$412,548

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Michael Harutunians and Tina Harutunians

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: 12/22/2024 at 9:40 PM

Listing updated: 12/06/2024 at 12:45 PM

Listed by: Jack Kassabian, Luxury Collective Phone #: (310) 909-3464

MLS: CRMLS #GD24244873

CRMLS logo

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