NOT LISTED FOR SALE

48226 Garbo Dr Indio, CA 92201

Estimated Value: $227,319 - $255,000

2 Beds
1 Bath
704 Sq Ft
$259/mo HOA Fee

Last Sold March 25, 2022

Last sale price $205,000 $291 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,823/month

50 Days on Market

Highlights

  • Golf Course Community
  • 1 Fireplace
  • Tennis Courts
  • Gated Community
  • Granite Countertops
  • Security Service

About This Home

As of March 2022

Great two bedroom, one bath condo in Indian Palms Country Club. Tile thru the entire condo. Kitchen has granite counter tops. Ceiling fan in living room and bedroom. The entire inside of the condo was recently painted. Close to the community pool and Spa. Indian Palms Country Club offers community pools, tennis courts, public golf course and restaurant. Great Location! Near the music festivals.

Last Agent to Sell the Property

Maria Farias

NextHome Select License #02074409 Listed on: 02/03/2022

NextHome Select

Last Buyer's Agent

Rene Loquet

BHHS CA Properties License #02007259

BHHS CA Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,204

Year Built

  • Built in 1981

Lot Details

  • 871

HOA Fees

Interior Spaces

  • 704 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Tile Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • 1 Assigned Parking Space

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 614264034

Community Details

Overview

  • Indian Palms Subdivision
  • Planned Unit Development

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Tennis Courts

Security

  • Security Service
  • 24 Hour Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,204

Year Built

Built in 1981

Lot Details

0

HOA Fees

$259 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: One, Ground
  • List Price per Sq Ft: 284.09
  • Lp Sp Ratio: 1.0200
  • Year Built: 1981
  • Listing I D: 219073737
  • Listing Member Address: 74710 Hwy 111 Ste 102, Palm Desert, CA 92260
  • Listing Office Address: 74710 Hwy 111 Ste 102, Palm Desert, CA 92260
  • Selling Office Address: 9917 Walker Street, Dennis Rosas, Cypress, CA 90630
  • Land Type: Fee
  • Subdivision: Indian Palms
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Features: Granite Counters
  • Laundry: Community
  • Estimated Sq Ft: 704.00

Exterior Features

  • Planned Unit Development: Yes

Garage/Parking

  • Parking: Assigned
  • Total Parking Spaces: 1.00
  • Total Uncovered Assigned Spaces: 1.00

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Gated Community, Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Amenities: Golf Course, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 226.00
  • HOA Fee 2: 33.00
  • Total Monthly Association Fees: 259.00

Lot Info

  • Assessor Parcel Number: 614264034
  • Lot Size: 871.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Mar 16, 2022
Sold by
Farias Paniagua Jose M
Bought by
Loquet Christopher Michael
Seller's Agent
Maria Farias
NextHome Select
Buyer's Agent
Rene Loquet
BHHS CA Properties
List Price
$200,000
Sold Price
$205,000
Premium/Discount to List
$5,000
2.5%
Current Estimated Value
$244,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,580
Avg. Annual Appreciation
5.08%
Original Mortgage
$153,750
Outstanding Balance
$143,538
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$101,042

Purchase Details

Listed on
Feb 3, 2022
Closed on
Mar 14, 2022
Sold by
Loquet Jacqueline
Bought by
Loquet Christopher Michael
Seller's Agent
Maria Farias
NextHome Select
Buyer's Agent
Rene Loquet
BHHS CA Properties
List Price
$200,000
Sold Price
$205,000
Premium/Discount to List
$5,000
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Outstanding Balance
$143,538
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$101,042

Purchase Details

Closed on
Apr 16, 2008
Sold by
Aurora Loan Services Llc
Bought by
Farias Jose M and Farias Wilver R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,609
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 2008
Sold by
Camarena Marta
Bought by
Aurora Loan Services

Purchase Details

Closed on
Feb 21, 2007
Sold by
Villagrana Manny
Bought by
Camarena Marta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,300
Interest Rate
7.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 17, 2005
Sold by
Garza Diana G
Bought by
Camarena Marta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
9.52%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 1, 2001
Sold by
Bravo Ramiro and Bravo Maria Magdalena
Bought by
Garza Diana G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,472
Interest Rate
7%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 1998
Sold by
Ballin Christof A
Bought by
Bravo Ramiro and Bravo Maria Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,562
Interest Rate
6.69%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Loquet Christopher Michael $205,000 Landwood Title
Loquet Christopher Michael -- Landwood Title
Farias Jose M $90,000 Lsi Title Company
Aurora Loan Services $132,998 Accommodation
Camarena Marta -- Chicago Title Company
Camarena Marta $165,000 First American Title Company
Garza Diana G $65,000 Commonwealth Land Title Co
Bravo Ramiro $35,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loquet Christopher Michael $153,750
Closed Loquet Christopher Michael $153,750
Previous Owner Farias Jose M $88,609
Previous Owner Camarena Marta $125,300
Previous Owner Camarena Marta $148,500
Previous Owner Garza Diana G $63,472
Previous Owner Bravo Ramiro $34,562
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $205,000 +2.5% $291 / Sq Ft
02/03/2022 02/03/22 For Sale $200,000 -- $284 / 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 $3,204 $217,547 $63,672 $153,875
2023 $3,204 $209,100 $61,200 $147,900
2022 $1,821 $109,194 $27,295 $81,899
2021 $1,794 $107,054 $26,760 $80,294
2020 $1,670 $105,957 $26,486 $79,471
2019 $1,617 $102,960 $25,967 $76,993
2018 $1,569 $99,000 $25,000 $74,000
2017 $1,410 $86,000 $21,000 $65,000
2016 $1,404 $86,000 $21,000 $65,000
2015 $1,283 $78,000 $19,000 $59,000
2014 $1,187 $70,000 $17,000 $53,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219073737

California Desert Association of REALTORS®

APN: 614-264-034