$209,500
$60K PRICE DROP

48255 Monroe St Unit 29 Indio, CA 92201

Estimated payment $1,979/month

Total Views 8,440
1 Bed
1.5 Baths
857 Sq Ft
$244 Price per Sq Ft

Highlights

  • Pool House
  • Pond View
  • Open Floorplan
  • Gated Community
  • Updated Kitchen
  • Community Lake

About This Home

HUGE PRICE REDUCTION!! Bright loft condo, furnished with views out to peaceful waterways and beautifully landscaped common area. Walking distance to Polo/Festival grounds, close to shopping and multiple golf courses. Unique loft layout is very desirable to renters and location is amazing for STRs (with HOA approval and license). Quail Lakes is a quiet gated community with pool, hot tub & tennis courts. Large patio looks out onto green space and is well-shaded with private laundry in closet. Private attached garage included. Kitchen, dining area, desk space, living room and half bath are on lower level. Master bedroom, master bath with 2 closets are upstairs on second level. New laminate flooring upstairs and tile downstairs. Great desert getaway or investment property - simply ''lock it & leave it'' when you're not here. Association-paid water, you pay only electric.

Listing Agent

lacey winterton

Realty Executives Desert Lifestyles License #02198914 Listed on: 10/16/2024

Realty Executives Desert Lifestyles

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,402

Year Built

  • Built in 1980

Lot Details

  • Home fronts a stream
  • Sprinkler System

HOA Fees

  • $715 Monthly HOA Fees

Property Views

  • Pond
  • Creek or Stream
  • Mountain
  • Desert
  • Pool

Home Design

  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 857 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Recessed Lighting
  • Drapes & Rods
  • Blinds
  • Sliding Doors
  • Entryway
  • Living Room
  • Dining Room
  • Den
  • Loft
  • Security Lights

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • Remodeled Bathroom

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 1 Parking Garage Space
  • Garage Door Opener
  • Automatic Gate
  • Guest Parking

Eco-Friendly Details

  • Green Features
  • Energy-Efficient Thermostat

Pool

  • Pool House
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Covered patio or porch
  • Gazebo

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Property is located within a water district
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 616211029

Community Details

Overview

  • Association fees include building & grounds, water, trash, sewer, security
  • Quail Lakes Racquet Club Subdivision
  • Community Lake
  • Planned Unit Development

Amenities

  • Meeting Room
  • Community Mailbox

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction
  • Pet Size Limit

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,402

Year Built

Built in 1980

Lot Details

0

HOA Fees

$715 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Two, Ground
  • Entry Location: Ground Level w/Steps
  • Included In Sale: Inventory list to be provided within 48 hours of an accepted offer
  • List Price per Sq Ft: 244.46
  • View Type: Creek/Stream, Water, Pond, Pool, Mountain(s), Desert
  • Water District Name: CVWD
  • Year Built: 1980
  • Listing I D: 219118375
  • Listing Member Address: 78065 Main Ste #107, La Quinta, CA 92253
  • Listing Office Address: 78065 Main St. #107, La Quinta, CA 92253
  • Listing Office Fax: (760) 771-9190
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Quail Lakes Racquet Club
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Microwave Oven, Self Cleaning Oven, Electric Oven, Exhaust Fan, Washer, Refrigerator, Disposal, Dishwasher
  • Interior Amenities: Built-In Features, Vaulted Ceiling(s), Two Story Ceilings, Recessed Lighting, Open Floorplan, High Ceilings (9 Ft+)
  • Range Hood: Yes
  • Flooring: Laminate, Tile
  • Bedroom Features: All Bedrooms Up, Primary Suite
  • Total Bedrooms: 1
  • Bathroom Features: Remodeled
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Remodeled
  • Laundry: Outside
  • Estimated Sq Ft: 857.00
  • Windows Treatments: Drapes, Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Tennis Court
  • Other Structures: Gazebo, Pool House
  • Foundation: Slab
  • Patio: Brick - Tile, Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, Community, In Ground
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Heated
  • View: Yes
  • Waterfront: Stream

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: Guest, Garage Door Opener
  • Total Covered Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 3.00
  • Total Uncovered Assigned Spaces: 1.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central
  • Heating Fuel: Electric
  • Security: Automatic Gate, Gated Community, Exterior Security Lights, Card/Code Access
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Electric

Association/Amenities

  • Community Features: Community Mailbox, Dog Park
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules, Size Limit
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Water, Trash, Sewer, Security
  • Association Amenities: Controlled Access, Tennis Courts, Pet Rules, Meeting Room, Lake or Pond, Hot Water, Guest Parking
  • HOA Information: Yes
  • HOA Fee 1: 715.00
  • Total Monthly Association Fees: 715.00
  • Unit Location: Inside Unit

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 616211029
  • Irrigation: Sprinkler System
  • Lot Acres: 0.0100
  • Lot Description: Automatic Gate
  • Lot Size: 436.00

Green Features

  • Green Energy Efficient: Thermostat
  • Green Features: Yes

Rental Info

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

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • School District: Coachella Valley Unified

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,402 $59,708 $22,772 $36,936
2023 $1,402 $57,391 $21,889 $35,502
2022 $1,256 $56,266 $21,460 $34,806
2021 $1,176 $55,164 $21,040 $34,124
2020 $1,086 $54,600 $20,825 $33,775
2019 $1,057 $53,530 $20,417 $33,113
2018 $1,044 $52,481 $20,017 $32,464
2017 $1,044 $51,453 $19,625 $31,828
2016 $1,016 $50,445 $19,241 $31,204
2015 $946 $49,690 $18,953 $30,737
2014 $944 $48,719 $18,583 $30,136
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $209,500 -4.6% $244 / Sq Ft
06/07/2025 06/07/25 Price Changed $219,500 -8.4% $256 / Sq Ft
02/07/2025 02/07/25 Price Changed $239,500 -4.0% $279 / Sq Ft
12/01/2024 12/01/24 Price Changed $249,500 -7.4% $291 / Sq Ft
10/16/2024 10/16/24 For Sale $269,500 +455.7% $314 / Sq Ft
10/26/2012 10/26/12 Sold $48,500 +6.6% $73 / Sq Ft
07/05/2012 07/05/12 For Sale $45,500 -- $68 / Sq Ft
Source: California Desert Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- Lawyers Title
Grant Deed -- None Available
Grant Deed $48,500 Multiple
Grant Deed $63,000 First American Title Company
Trustee Deed $149,209 Accommodation
Interfamily Deed Transfer -- Investors Title Company
Grant Deed $175,000 Investors Title Company
Grant Deed $35,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $85,000 New Conventional
Closed $85,800 New Conventional
Previous Owner $44,100 Purchase Money Mortgage
Previous Owner $178,600 Fannie Mae Freddie Mac
Previous Owner $140,000 Stand Alone First
Previous Owner $88,300 Unknown
Previous Owner $57,170 Purchase Money Mortgage
Previous Owner $35,000 Purchase Money Mortgage
Source: Public Records

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Source: California Desert Association of REALTORS®

MLS Number: 219118375

California Desert Association of REALTORS®

APN: 616-211-029