See Home Value
Indio 92203
81883 Villa Reale Drive
Listed by: Erica Gerardo, RPAC
$520,000
● House - Off Market

81883 Villa Reale Drive

Indio, CA 92203
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2,366 Ft²
$2,561
Est. Monthly
$110
HOA / Fees
13.20%
Cap Rate

About This Property

Sweat equity!  Needs minor work and cosmetics, but the savings is passed on to you!  Well below market, don't miss this steal! 4 beds in the main home PLUS Detached Casita! VERY LOW HOA. Nestled in one of the finest communities established during the early 2000s housing boom, Palazzo offers a unique blend of tranquility and convenience. This gated community boasts one of the lowest HOA fees in the desert, providing exceptional value. Located just outside the bustling city center, Palazzo ensures a peaceful living environment while keeping you close to major retailers like Walmart and an array of new dining options. The exciting new development, The Oasis @ Indio, adds to the area's appeal with its upcoming attractions.
Unit Size
2,366 Ft²
Days on Market
47 days
Land Size
0.17 acres
Price per sqft
$211
Property Type
House
Property Taxes
-
HOA Dues
$110
Year Built
2005

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Last updated: 3 years ago (CRMLS #219113314DA)

Price History

Date / Event Date Event Price
Aug 19, 2024 Sold
Sold
Jun 20, 2024 Listed by RPAC $499,000
Listed by RPAC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 410
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,944
  • Gross Building Area: 2,944
  • Building Area: 2,366
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,366
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: .17 ACRES M/L IN LOT 85 MB 365/073 TR 31247

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 045216

Zoning

  • Zoning: A120

Geography

  • Subdivision Tract Number: 31247
  • Parcel: 691-530-047
  • Lot: 85
  • Municipality: INDIO
  • Latitude: 33.7477
  • Longitude: -116.236

    Address

  • Full Address: 81883 Villa Reale Dr
  • Address - House Number: 81883
  • Address - Street Name: Villa Reale
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Indio
  • Carrier Code: R108
  • 4-Digit Zip Code: 7722
  • Zip Code: 92203

Valuation

    Tax

  • Total Area: 2,366
  • Tax Year: 2023
  • Tax Amount: $578,750
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 007-104

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 549,107
  • High Value: 649,301
  • Low Value: 448,912

    Market Valuation

  • Market Total Value: $412,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,542
  • Assessed Land Value: $44,904
  • Assessed Improvements Value: $179,638

    Sales

  • Current Sale Contract Date: Jul 29, 2011
  • Current Sale Recording Date: Sep 02, 2011
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2011-0393501
  • Previous Sale Recording Date: Sep 30, 2005
  • Previous Sale Contract Date: Sep 27, 2005
  • Previous Sale Amount: $453,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Indio


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Nearby Rentals

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Unit for rent at 81126 Avenida Lorena, INDIO, CA, 92203

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  • 2 Baths
  • 2,112 ft²
81126 Avenida Lorena, INDIO, CA, 92203 Listing by Chrystie Adams
Unit for rent at 81157 Avenida Sombra, INDIO, CA, 92203

$6,200 /mo

  • 3 Beds
  • 3 Baths
  • 2,868 ft²
81157 Avenida Sombra, INDIO, CA, 92203 Listing by Luther Livingston


Frequently Asked Questions

When was property at 81883 Villa Reale Drive built and last sold?
The property at 81883 Villa Reale Drive was built in 2005 and last sold on Jul 29, 2011 for $186,000.
How much is this home worth?
The estimated value of the home located at 81883 Villa Reale Drive is $503,990.
What are some comparable homes to 81883 Villa Reale Drive?
There are currently no comparable homes to 81883 Villa Reale Drive.