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80406 Paseo Tesoro

80406 Paseo Tesoro, Indio, CA 92201
Property in Riverside
Sold May 13, 2016
$282,000
$15,000 by Schoolsfirst Fcu
Mortgage Due Aug 12, 2031
Sold May 22, 2000
$139,000
Seller
$137,853 by Dba Colonial Bancorp
Mortgage Due Jun 01, 2030
80406 Paseo Tesoro in Indio, CA was first built in 2000 and is 24 years old. Although, the building on the property was most recently renovated and altered in 2001. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 80406 Paseo Tesoro has 1,720 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,712 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of tile. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 600 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 80406 Paseo Tesoro sold most recently in Apr 28, 2016 for a total of $282,000. If you work out the math, that's approximately a cost of $121.55 per sqft. Before that, the property was also sold for $139,000 in Apr 3, 2000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,015 in taxes each year. 80406 Paseo Tesoro was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $320,861. If we break it down further, the land itself was valued at $80,214. Improvements to the property, however, were assessed at a total of $240,647. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,320
  • Gross Building Area: 2,320
  • Building Area: 1,720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,720
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: 24151
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 36 MB 227/034 TR 24151-2

Ownership

  • Current Owner : TERAN DERREN G
  • Previous Owner : WALLACE RICHARD
  • Previous Owner 2: JACOBS CHERYL
  • Owner Before Previous Owner: ENC LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 045213

Zoning

  • Zoning: R18

Geography

  • Subdivision Tract Number: 24151-2
  • Parcel: 600-140-013
  • Lot: 36
  • Municipality: INDIO
  • Latitude: 33.7109
  • Longitude: -116.262

    Address

  • Full Address: 80406 Paseo Tesoro
  • Address - House Number: 80406
  • Address - Street Name: Paseo Tesoro
  • State: CA
  • City Name: Indio
  • Carrier Code: C005
  • 4-Digit Zip Code: 5222
  • Zip Code: 92201

Valuation

    Tax

  • Total Area: 1,720
  • Tax Year: 2023
  • Tax Amount: $5,015
  • Tax Rate Code Area: 007-041

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 68
  • Final Value: 548,868
  • High Value: 673,184
  • Low Value: 424,551

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $15,000
  • First Open Lien Mortgage Lender: SCHOOLSFIRST FCU
  • First Open Lien Mortgage Recording Date: Aug 16, 2021
  • First Open Lien Mortgage Loan Amount: $15,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Second
  • First Open Lien Mortgage Loan Due Date: Aug 12, 2031

    Market Valuation

  • Market Total Value: $388,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $320,861
  • Assessed Land Value: $80,214
  • Assessed Improvements Value: $240,647

    Sales

  • Current Sale Contract Date: Apr 28, 2016
  • Current Sale Recording Date: May 13, 2016
  • Current Sale Transaction ID: 1540527385
  • Current Sale Price: $282,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016-0197063
  • Previous Sale Recording Date: May 22, 2000
  • Previous Sale Contract Date: Apr 03, 2000
  • Previous Sale Amount: $139,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOUNTAIN WEST FINANCIAL INC
  • First Mortgage Transaction Date: May 13, 2016
  • First Mortgage Loan Amount: $276,892
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: DBA COLONIAL BANCORP
  • Previous Mortgage Transaction Date: May 22, 2000
  • Previous Mortgage Loan Amount: $137,853
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2030

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Frequently Asked Questions

What neighborhood is 80406 Paseo Tesoro located in?
The 80406 Paseo Tesoro is a located in the neighborhood of Riverside in Indio, Indio.
What is the average sales price for listings in 80406 Paseo Tesoro?
The average sales price for units in 80406 Paseo Tesoro is $0 currently.

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