1 month on rocket

84066 Olona Ct, Indio, CA, 92203

$846,900

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
2,338 SqFt
$362/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

84066 Olona Ct, Indio$846,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDirect Access, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built2007
HeatingCentral, Natural Gas
FireplaceFamily Room, Gas
ViewMountain(s)
Private PoolYes
MLS #219107775DA
Lot Size0.12 Acres
StatusActive

About 84066 Olona Ct

Welcome to the coveted community of Terra Lago located in the City of Festivals, Indio CA! This is your chance to own a stunning designer furnished 4-bedroom, 2 and half bath home in the only guard-gated lake community in the Coachella Valley that allows short-term rentals with no restrictions. Step inside and be wowed by this home's newer interior and exterior paint, appealing newer flooring, custom shower, and upgraded newer pool with spa and firepit. The floorplan optimizes space, providing a feeling of spaciousness that belies the square footage. This home comes with all the bells and whistles that you would expect in a premium and successful short term rental. This home grossed $10,000 for the month of March and is on pace to gross over $10,000 of income for April! With a putting green and minimal maintenance backyard , this home will take your breath away. As a bonus, this property is priced to sell in todays market, making it a steal in comparison to other similar properties in the area. This home is positioned for savvy investors who want to invest in the growing Coachella Valley and benefit from the area's continued development. In fact, this home offers unlimited potential passive income through short-term rentals and is an excellent 1031 tax exchange property. It represents the perfect opportunity for investors who want a home that they can generate income from, but also enjoy as a vacation retreat.

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Stories: 2
  • Living Area: 2,338 SqFt

Listing Office:

  • Office Name: HomeSmart
  • Office Phone: (760) 844-7500
  • Listing Agent: David Colin

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Flooring Type: Carpet, Vinyl
  • Fireplace: Family Room, Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s)

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Direct Access, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Sprinklers
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas

Other

Directions Information:

  • Directions: Google Maps Cross Street: Terra Lago PKWY.

Price Information

Listing Price Info

Price Summary:

  • List Price: $846,900
  • Price Per SqFt: $362/SqFt

HOA Fees:

  • Amount: $300
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,475
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Indio, CA.

Map thumbnail provided by MapBox

Indio, CA

City

Med. Sold Price

$530K

Med. Price/SqFt

$284

Avg. Days On Market

65

# of Sold Homes

80

84066 Olona Ct vs Indio

55 DAYS ON ROCKET

-10 Days

$846,900

+$316.9K More

$362/SqFt

+$77 More

KEY TAKEAWAY

This property is $316.9K more than the Median Sold Price and $77/SqFt more than other homes in Indio, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #219107775DA

Listing Office:

  • Office Name: HomeSmart
  • Office Phone: (760) 844-7500
  • Listing Agent: David Colin

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2024, 10:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 29, 2020Home Sold
$335,000
Jan 30, 2012Home Sold
$124,000
May 14, 2007Home Sold
$322,500

Tax History

YEARPROP. TAXASSESSMENT
2021$5,475$338,470
2020$5,475$188,344
2018$5,398$181,033
2017$5,314$177,484

History based on county public records data.

Payment Calculator

$4,594

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,606

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-595526
3
/10

  • Andrew Jackson Elementary School

  • 82850 Kenner Ave

  • 1.22 miles

  • Public District Grades KG-5

school-card-donut-595527
2
/10

  • Herbert Hoover Elementary School

  • 44300 Monroe St

  • 2.22 miles

  • Public District Grades KG-5

school-card-donut-595528
4
/10

  • Theodore Roosevelt Elementary School

  • 83200 Doctor Carreon Blvd

  • 2.28 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,353. Most Indio, CA residents have annual incomes between $100k-200k. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 84066 Olona Ct

What is the listing price of this property?

The listing price of 84066 Olona Ct property is $846,900.

What type of property is this?

The property 84066 Olona Ct is a house located in Indio, California, 92203.

Is this property for sale now?

Active Listing: 84066 Olona Ct is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,475 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 29, 2020 for $335,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 84066 Olona Ct has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 84066 Olona Ct is 2,338 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 84066 Olona Ct is 2007.

Rocket Homes›California›Riverside County›Indio›92203›84066 Olona Ct

This home is located at 84066 Olona Ct in Indio, CA and zip code 92203. This 2,338 square foot home, which was built in 2007, sits on a 0.12 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 02, 2024 and is currently priced at $846,900.

Indio, CA housing market in March 2024 saw over 17 listings sold above listed price, more than 23 sold at listed price and over 40 sold below. Between February 2024 and March 2024, Indio, CA real estate market has seen increase in the number of listings by 21.1%. In March 2024, listings were on the market for 65 days. During the same period, the median list price in this real estate market was $530,000.

From Rocket Homes Real Estate and based on county public records data.

More Resources