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42855 Caballeros Drive

42855 Caballeros Drive, Indio, CA 92203
Sold Jun 16, 2021
$530,000
$503,500 by Finance Of America Mortgage Ll
Mortgage Due Jul 01, 2051
Sold May 10, 2012
$270,000
$216,000 by Franklin Loan Center
Mortgage Due Jun 01, 2042
Local assessors in Indio, CA have categorized 42855 Caballeros Drive as a residential type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 12,632 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 42855 Caballeros Drive has a total of 2,404 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 717 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of tile. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 7, 2021 for $530,000. That's $144.18 per sqft. Prior to that sales transaction, the property was also sold in Mar 13, 2012 for $270,000. 42855 Caballeros Drive was last assessed in 2023. The total value of the property was assessed at $551,412. Specifically, the land the property is located on was valued at $39,015. While improvements on the property were assessed at a total of $512,397. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $6,784. The initial tax year of delinquency was in 2022. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Traditional
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 717
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 3,676
  • Gross Building Area: 3,676
  • Building Area: 2,404
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,404
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BERMUDA GOLF CLUB ESTATES 3
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 76 MB 036/071 BERMUDA GOLF CLUB ESTATES 3

Ownership

  • Current Owner : MARTINEZ NATHAN S
  • Current Owner 2: MARTINEZ ARALIA G
  • Previous Owner : PARK PATRICK E
  • Previous Owner 2: PARK PATRICIA A
  • Owner Before Previous Owner: BRAFFORD TONIA LEE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 045214

Zoning

  • Zoning: R1

Geography

  • Parcel: 609-243-008
  • Lot: 76
  • Municipality: DESERT SANDS
  • Latitude: 33.7377
  • Longitude: -116.276

    Address

  • Full Address: 42855 Caballeros Dr
  • Address - House Number: 42855
  • Address - Street Name: Caballeros
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Bermuda Dunes
  • Carrier Code: C028
  • 4-Digit Zip Code: 1618
  • Zip Code: 92203

Valuation

    Tax

  • Total Area: 2,404
  • Tax Year: 2023
  • Tax Amount: $6,784
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 075-010

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 674,989
  • High Value: 795,481
  • Low Value: 554,498

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $503,500
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Jun 16, 2021
  • First Open Lien Mortgage Loan Amount: $503,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $467,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $551,412
  • Assessed Land Value: $39,015
  • Assessed Improvements Value: $512,397

    Sales

  • Current Sale Contract Date: May 07, 2021
  • Current Sale Recording Date: Jun 16, 2021
  • Current Sale Transaction ID: 11840492852
  • Current Sale Price: $530,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0364656
  • Previous Sale Recording Date: May 10, 2012
  • Previous Sale Contract Date: Mar 13, 2012
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Jun 16, 2021
  • First Mortgage Loan Amount: $503,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN LOAN CENTER
  • Previous Mortgage Transaction Date: May 10, 2012
  • Previous Mortgage Loan Amount: $216,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2042

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Frequently Asked Questions

What neighborhood is 42855 Caballeros Drive located in?
The 42855 Caballeros Drive is a located in the neighborhood of Bermuda Golf Club Estates in Bermuda Golf Club Estates, Indio.
What is the average sales price for listings in 42855 Caballeros Drive?
The average sales price for units in 42855 Caballeros Drive is $0 currently.

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