84701 Merus Avenue, Indio, California 92203, Indio, 92203 - 4 bed, 4 bath
ACTIVE$642,500
84701 Merus Avenue, Indio, California 92203
4Beds
4Baths
2,435Sqft
7,405Lot
Price Vs. Estimate
The estimated value ($606,471.71) is $36,028.29 (5%) lower than the list price ($642,500). This property may be overpriced.
Key pros and cons
Top Pros:
New Construction: Built in 2021, this home offers modern design, features, and the benefits of new construction, requiring minimal immediate maintenance.
Top Cons:
Leased Solar Panels: The solar panels are leased, which means the buyer will inherit an ongoing monthly payment and contract, rather than owning the system outright.
Compared to the nearby listings
Price:$642.5K vs avg $570.5K (+$72,000)68%
Size:2,435 sqft vs avg 2,160.5 sqft69%
Price/sqft:$264 vs avg $27439%
More Insights
Built in 2021 (4 years old).
Condition: This property was built in 2021, making it virtually new. The description highlights a 'Gourmet kitchen' with stylish cabinetry, granite countertops, and stainless-steel appliances, which is confirmed by the images showing modern dark wood cabinets, light granite, and contemporary appliances. Bathrooms feature dual sink vanities and an oversized shower with stone countertops, all appearing new and in excellent condition. The home also boasts 'Americas Smart Home Technology,' recessed lighting, and a mix of new wood-look flooring and clean carpets, indicating no deferred maintenance and meeting current quality standards.
Year Built
2021
Close
-
List price
$643K
Original List price
$660K
Price/Sqft
$264
HOA
$176
Days on market
-
Sold On
-
MLS number
219119276DA
Home ConditionExcellent
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
Priced Reduction! Monte Vina Home ready to move in ! Highly Desirable Multigen downstairs suite with living space, Kitchenette, full bedroom and bath and laundry closet and separate entrance. Main Home with open Concept Room, Kitchen and dining space. The Gourmet kitchen compliments the space with stylish cabinetry, granite counter tops, kitchen island for extra seating and stainless-steel appliances. The spacious bedrooms and convenient laundry room upstairs are a bonus, The master bedroom offers an oversized shower, dual sink vanity with stone counter tops and a large walk in closet. Other amazing features include 'Americas Smart Home Technology' , leased solar panels!
Condition Rating
Excellent
This property was built in 2021, making it virtually new. The description highlights a 'Gourmet kitchen' with stylish cabinetry, granite countertops, and stainless-steel appliances, which is confirmed by the images showing modern dark wood cabinets, light granite, and contemporary appliances. Bathrooms feature dual sink vanities and an oversized shower with stone countertops, all appearing new and in excellent condition. The home also boasts 'Americas Smart Home Technology,' recessed lighting, and a mix of new wood-look flooring and clean carpets, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons
Pros
New Construction: Built in 2021, this home offers modern design, features, and the benefits of new construction, requiring minimal immediate maintenance.
Multi-Generational Living Suite: Features a highly desirable downstairs multi-generational suite with a separate entrance, living space, kitchenette, full bedroom, bath, and laundry closet, offering versatility for extended family or potential rental income.
Modern Gourmet Kitchen: The main home boasts an open-concept gourmet kitchen equipped with stylish cabinetry, granite countertops, a central island for extra seating, and stainless-steel appliances.
Smart Home Technology: Equipped with 'Americas Smart Home Technology', providing modern convenience, energy management, and enhanced security features.
Mountain Views: The property offers desirable mountain views, enhancing its aesthetic appeal and potential resale value.
Cons
Leased Solar Panels: The solar panels are leased, which means the buyer will inherit an ongoing monthly payment and contract, rather than owning the system outright.
Pricing Above Market Estimate: The current listing price of $642,500 is 5% above the estimated property value of $606,471.71, potentially indicating it is priced higher than comparable market analyses.
Monthly HOA Fees: The property is subject to a monthly association fee of $176.00, which adds to the recurring cost of homeownership.