NOT LISTED FOR SALE

48255 Monroe St Unit 34 Indio, CA 92201

Estimated Value: $264,591 - $290,000

2 Beds
2 Baths
998 Sq Ft
$566/mo HOA Fee

Last Sold November 30, 2023

Last sale price $250,000 $251 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,347/month

21 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Great Room
  • In Ground Pool
  • View of Trees or Woods
  • Granite Countertops

About This Home

As of November 2023

Discover this charming ground floor unit in Indio, CA, just walking distance from the iconic Coachella and Stagecoach festival polo fields. This delightful home showcases tile floors throughout, along with sleek slab granite kitchen countertops and custom cabinets. Stainless steel appliances provide a modern touch, while both bathrooms feature custom vanities. Washer and dryer are conveniently located in the patio storage. Step outside to your private oasis right off the pool, where you'll find lush flowers, serene gardens, babbling streams, tranquil ponds, and even some friendly fish. This complex is lovingly tended by dedicated gardeners, ensuring its year-round beauty. Plus, you'll appreciate the low HOA fees and the added bonus of vinyl windows. Not to mention, there's a spacious on-site garage, measuring about 10x20 feet, providing extra convenience. This unit has everything you need to live comfortably and stylishly, with a murphy bed in the secondary bedroom to save space and create a more flexible living space. The tiled showers are easy to clean and maintain, and the gas and water is included in your HOA dues.Whether you seek an ideal winter residence, full-time residence or an investment opportunity, this property offers it all. Don't miss out on this gem! Vacasa income projection is $20,500-$32,100!

Last Agent to Sell the Property

Marius Olbrych

Coldwell Banker Realty License #02101685 Listed on: 10/11/2023

Coldwell Banker Realty

Last Buyer's Agent

Daisy Becerra

HomeSmart License #02120920

HomeSmart

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • Lake Front
  • South Facing Home
  • Sprinkler System

HOA Fees

  • $566 Monthly HOA Fees

Property Views

  • Pond
  • Woods
  • Pool

Interior Spaces

  • 998 Sq Ft Home
  • Great Room
  • Ceramic Tile Flooring

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 616211034

Community Details

Overview

  • Association fees include gas, water, trash
  • Quail Lakes Racquet Club Subdivision
  • Greenbelt

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0

HOA Fees

$566 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces South
  • Levels: Ground
  • Builders Tract Code: Quail Lakes Racquet
  • List Price per Sq Ft: 267.54
  • Lp Sp Ratio: 0.9400
  • View Type: Pool, Trees/Woods, Pond
  • Year Built: 1980
  • Listing I D: 219101181
  • Listing Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Fax: (760) 360-1342
  • Selling Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Quail Lakes Racquet Club
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Washer, Refrigerator, Dishwasher
  • Flooring: Ceramic Tile
  • Bedroom Features: Primary Suite
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Features: Granite Slab Counters
  • Laundry: In Closet, Outside
  • Estimated Sq Ft: 998.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: Assigned
  • Total Covered Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Security: Card/Code Access, Gated Community, Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Gas, Water, Trash
  • Association Amenities: Guest Parking, Tennis Courts, Pet Rules
  • HOA Information: Yes
  • HOA Fee 1: 566.00
  • Total Monthly Association Fees: 566.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 616211034
  • Irrigation: Sprinkler System
  • Lot Location: Greenbelt, Waterfront, Lake Front
  • Lot Size: 0.03

Rental Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Nov 21, 2023
Sold by
Gutierrez Javier
Bought by
Demacedo Soares Madeleine Noelle
Seller's Agent
Marius Olbrych
Coldwell Banker Realty
Buyer's Agent
Daisy Becerra
HomeSmart
List Price
$272,000
Sold Price
$250,000
Premium/Discount to List
-$22,000
-8.09%
Views
80
Current Estimated Value
$279,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,648
Avg. Annual Appreciation
5.43%
Original Mortgage
$245,471
Outstanding Balance
$240,823
Interest Rate
7.79%
Mortgage Type
FHA
Estimated Equity
$38,825

Purchase Details

Closed on
Dec 31, 2020
Sold by
Gutierrez Javier and Gutierrez Javier
Bought by
Gutierrez Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2016
Sold by
Gutierrez Ana L
Bought by
Gutierrez Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2016
Sold by
Davies Trevor Richard and Davies Linda June
Bought by
Gutierrez Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2012
Sold by
Moore Howard B and Moore George Eileen
Bought by
Davies Trevor Richard and Davies Linda June
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Demacedo Soares Madeleine Noelle $250,000 First American Title
Gutierrez Javier -- Ticor Title Riverside
Gutierrez Javier -- Chicago Title Company
Gutierrez Javier $140,000 Chicago Title Company
Davies Trevor Richard $70,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demacedo Soares Madeleine Noelle $245,471
Previous Owner Gutierrez Javier $111,500
Previous Owner Gutierrez Javier $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold $250,000 -6.4% $251 / Sq Ft
10/21/2023 10/21/23 Price Changed $267,000 -1.8% $268 / Sq Ft
10/11/2023 10/11/23 For Sale $272,000 -- $273 / 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 $3,824 $255,000 $63,750 $191,250
2023 $3,824 $156,168 $44,618 $111,550
2022 $2,499 $153,107 $43,744 $109,363
2021 $2,397 $150,106 $42,887 $107,219
2020 $2,293 $148,568 $42,448 $106,120
2019 $2,244 $145,656 $41,616 $104,040
2018 $2,208 $142,800 $40,800 $102,000
2017 $1,345 $74,265 $23,338 $50,927
2016 $1,304 $72,810 $22,881 $49,929
2015 $1,222 $71,719 $22,539 $49,180
2014 $1,218 $70,316 $22,099 $48,217
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219101181

California Desert Association of REALTORS®

APN: 616-211-034