NOT LISTED FOR SALE

44260 Monroe St Unit 58 Indio, CA 92201

Estimated Value: $168,212 - $189,000

1 Bed
1 Bath
720 Sq Ft
$255/mo HOA Fee

Last Sold October 24, 2013

Last sale price $37,000 $51 Per Sq Ft

Est. 382% increase in value since last sale

Current estimated payment $1,300/month

11 Days on Market

Highlights

  • Spa
  • Pool View
  • Central Air

About This Home

As of October 2013

HUD Home. Great Condo in Central Indio, Property features 1 bedroom and 1 bath, Top level. Disclosures: Please note: The current list price for this particular property exceeds the FHA as is'' appraised value. This FHA as is'' appraised value is $36,000, State law requires Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Individual condominium unit, Repairs may include but not limited to electrical, roof, plumbing; Inspection recommended, Missing Carbon Monoxide Detectors, HOA Association fee of $255.00 monthly : Tres Flores Sold AS IS'' by electronic bid only. FHA case # 048-444035 IN For overbidding and/or escrow repair information, please see attached Overbidding and Escrow Repair'' MLS addendum.

Last Agent to Sell the Property

Jesus Martinez

Coldwell Banker Realty License #01234250 Listed on: 07/18/2013

Last Buyer's Agent

Out Side Agent

Desert Real Estate Consultants, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,139

Year Built

  • Built in 1979

Lot Details

  • 436

HOA Fees

  • $255 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 720 Sq Ft Home
  • 2-Story Property
  • Pool Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • 1 Car Parking Space

Pool

  • Spa
  • Outdoor Pool

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 611026058

Community Details

Overview

  • Tres Flores Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,139

Year Built

Built in 1979

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Two
  • Builders Tract Code: Tres Flores
  • List Price per Sq Ft: 55.00
  • Lp Sp Ratio: 0.9343
  • View Type: Pool
  • Year Built: 1979
  • Listing I D: 21478536
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Selling Member Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Fax: (760) 999-9999
  • Land Type: Fee
  • Subdivision: Tres Flores
  • Special Features: None

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Estimated Sq Ft: 720.00

Exterior Features

  • Roofing: Composition, Shingle
  • Pool: Yes
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Total Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating Fuel: Natural Gas
  • Sewer: In Street Paid

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 255.00
  • Total Monthly Association Fees: 255.00
  • Unit Location: Second Floor

Lot Info

  • Assessor Parcel Number: 611026058
  • Lot Acres: 0.0100
  • Lot Size: 628.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2013
Closed on
Oct 17, 2013
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Isidoro Adan
Seller's Agent
Jesus Martinez
Coldwell Banker Realty
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$39,600
Sold Price
$37,000
Premium/Discount to List
-$2,600
-6.57%
Current Estimated Value
$178,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,303
Avg. Annual Appreciation
14.28%
Original Mortgage
$35,347
Outstanding Balance
$26,461
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$154,849

Purchase Details

Closed on
Jun 21, 2013
Sold by
Guild Mortgage Company
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 1, 2013
Sold by
Martinez Mario
Bought by
The California Housing Finance Agency

Purchase Details

Closed on
Sep 21, 2006
Sold by
Parkview Condominiums Lp
Bought by
Martinez Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,335
Interest Rate
6.51%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Isidoro Adan $37,000 Chicago Title Inland Empire
The Secretary Of Housing & Urban Develop -- Pacific Coast Title
The California Housing Finance Agency $138,994 Pacific Coast Title
Martinez Mario $150,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Isidoro Adan $35,347
Previous Owner Martinez Mario $4,335
Previous Owner Martinez Mario $142,267
Previous Owner Martinez Mario $3,229
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2013 10/24/13 Sold $37,000 -6.6% $51 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $39,600 -- $55 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,139 $45,343 $11,024 $34,319
2023 $1,139 $43,585 $10,597 $32,988
2022 $1,057 $42,732 $10,390 $32,342
2021 $984 $41,895 $10,187 $31,708
2020 $887 $41,466 $10,083 $31,383
2019 $860 $40,654 $9,886 $30,768
2018 $851 $39,858 $9,694 $30,164
2017 $841 $39,077 $9,504 $29,573
2016 $829 $38,312 $9,318 $28,994
2015 $788 $37,738 $9,179 $28,559
2014 $780 $37,000 $9,000 $28,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21478536

California Desert Association of REALTORS®

APN: 611-026-058