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85662 Molvena Drive

85662 Molvena Drive, Indio, CA 92203
House in Riverside
Local assessors in Indio, CA have categorized 85662 Molvena Drive as a type of property. The home was built in 2018 and is 8 years old. It was most recently renovated and altered in 2019. The property's lot size has been calculated to be 6,534 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 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 100 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 85662 Molvena Drive has a total of 2,506 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. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. The garage on the property is 532 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 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 - . The building has a roof that is made of . Residents rely on for their cooling system. The home's is the primary heating source. 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, 85662 Molvena Drive sold most recently in Nov 2, 2021 for a total of $479,000. If you work out the math, that's approximately a cost of $143.50 per sqft. Before that, the property was also sold for $367,500 in Feb 22, 2019. 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 $498,166 in taxes each year. 85662 Molvena Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $288,188. If we break it down further, the land itself was valued at $54,147. Improvements to the property, however, were assessed at a total of $234,041. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Condition

New Construction

Exterior

Stucco Exterior

Parking

Garage Parking

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20190108
01/08/2019
3 Bed
3 Bath
2519 ft²
$377,402
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2519 ft²
-
-
-


Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 532
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 3,338
  • Gross Building Area: 3,338
  • Building Area: 2,506
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,506
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRACT NO 32341 4
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • Legal Description 1: .15 ACRES M/L IN LOT 10 MB 447/095

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 045228

Geography

  • Parcel: 696-320-010
  • Lot: 10
  • Municipality: INDIO
  • Latitude: 33.7345
  • Longitude: -116.17

    Address

  • Full Address: 85662 Molvena Dr
  • Address - House Number: 85662
  • Address - Street Name: Molvena
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Indio
  • Carrier Code: C064
  • 4-Digit Zip Code: 2454
  • Zip Code: 92203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $498,166
  • Tax Rate Code Area: 007-098

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 75
  • Final Value: 506,283
  • High Value: 601,920
  • Low Value: 410,647

    Market Valuation

  • Market Total Value: $421,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,188
  • Assessed Land Value: $54,147
  • Assessed Improvements Value: $234,041

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 02, 2021
  • Current Sale Recording Date: Dec 08, 2021
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2021-0724890
  • Previous Sale Recording Date: Mar 29, 2019
  • Previous Sale Contract Date: Feb 22, 2019
  • Previous Sale Amount: $367,500
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Indio



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Frequently Asked Questions

What neighborhood is 85662 Molvena Drive located in?
The 85662 Molvena Drive is a house located in the neighborhood of Riverside in Indio, Indio.
What is the average sales price for listings in 85662 Molvena Drive?
The average sales price for units in 85662 Molvena Drive is $0 currently.