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Sold
$205,000
Sold On 2017-04-12

Overview

MLS # 216023364DA
Listed on 2016-08-10
Status Sold
Price $225,000
Type Residential Condo/Co-Op
Subtype Condominium
Size of home 1,791 sq ft
Beds / Baths 3 / 3.00
Size of lot 3,049 sq ft
Neighborhood Mountain Cove
Location address 46522 Arapahoe
Indian Wells 92210

Description


Major price reduction!! Great opportunity for owner/user or buyer seeking to purchase income property in a gated community. Attached single level corner condominium. Mexican pavers, shutters, high wood beam vaulted ceilings in living room and entry. Mountain views, fruit trees, quiet location. Master bedroom has his/her vanity. City of Indian Wells residents benefit from discounts that include $35 rounds of golf at Indian Wells Golf Resort and 20% discount on spa and food at the resort. There are also 2 community pools. Land lease expires 11/30/2069. At expiration, lease transfers back to Ryan Oil. On 1/1/2018, lease increases to $400/mo through 12/31/2022. From 1/1/2023 through 12/31/2017, lease increases to $450/mo. No option to buy the lease.

General Information

School District Desert Sands Unified
Original List Price $275,000
Price Per Sq/Ft $126
Furnished No
HOA Fee $310.00
HOA Fee 2 $77.40
Land Type Lease
Land Lease Expires N/A
Land Lease $/yr $4,200
Association Amenities Controlled Access
Pool No
Spa No
Year Built 1980
View Mountains
Interior Features Beamed Ceiling(s), High Ceilings (9 Feet+)
Flooring Pavers
Appliances Microwave, Oven-Electric, Range, Range Hood
Patio Features Awning, Concrete Slab
Laundry Laundry Area
Fireplace Yes
Heating Type Central
Cooling Type Central
Parking Spaces 2
Parking Type Attached, Direct Entrance, Garage Is Attached, Side By Side
Management Name Avail Property Management

Courtesy of: Steve Heiferman / Wharton Properties, Inc.

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