$165,000
SOLD FEB 11, 2025

48255 Monroe St Unit 37 Indio, CA 92201

1 Bed
1 Bath
668 Sq Ft
$715/mo HOA Fee

Recently Sold

$247 Per Sq Ft

21% Below List Price

37 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Open Floorplan
  • Unit is on the top floor
  • Gated Community
  • Clubhouse

About This Home

As of February 2025

Quail Lakes Racquet Club gated community in Indio. Walking distance to Coachella Festival and Polo grounds. Open floor plan with soaring ceilings and balcony overlooking the resort style pool, lush landscaping, spa and gazebo. Spacious one bedroom condo w private one car garage. Kitchen equipped w stainless appliances, granite countertops. Ceramic Tile throughout. Private laundry area w full sized washer and dryer located in patio closet. HOA includes a resort style pool, spa, clubhouse, tennis courts, racquet ball courts and more! This private complex has many unassigned parking spaces for visiting guests. Located close to shopping, restaurants and a ''pitch shot'' to Indian Palms Golf Course. Furnished.

Last Agent to Sell the Property

Raymond Radas

HomeSmart License #01091175 Listed on: 01/04/2025

Last Buyer's Agent

Raymond Radas

Equity Union License #01091175

Equity Union

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • End Unit
  • Sprinkler System

HOA Fees

  • $715 Monthly HOA Fees

Interior Spaces

  • 668 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Great Room
  • Living Room with Attached Deck
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Pool Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Automatic Gate
  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Living Room Balcony
  • Covered Patio or Porch

Additional Features

  • Unit is on the top floor
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 616211037

Community Details

Overview

  • Association fees include clubhouse
  • Quail Lakes Racquet Club Subdivision
  • On-Site Maintenance
  • Planned Unit Development

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Recreation Room
  • Community Mailbox

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Sport Court
  • Racquetball
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

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: Top
  • Included In Sale: All furnishings and appliances.
  • List Price per Sq Ft: 314.37
  • Lp Sp Ratio: 0.7900
  • View Type: Pool
  • Year Built: 1980
  • Listing I D: 219122108
  • Listing Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Quail Lakes Racquet Club
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Self Cleaning Oven, Gas Oven, Exhaust Fan, Washer, Refrigerator, Disposal, Dishwasher
  • Interior Amenities: Cathedral Ceiling(s), Vaulted Ceiling(s), Two Story Ceilings, Open Floorplan, Living Room Balcony, Living Room Deck Attached, High Ceilings (9 Ft+)
  • Flooring: Ceramic Tile
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo, Dining Area
  • Kitchen Features: Granite Counters
  • Laundry: In Closet
  • Estimated Sq Ft: 668.00

Exterior Features

  • Patio: Covered, Balcony
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Security: Automatic Gate, Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Community Features: Community Mailbox, Pickle Ball Courts
  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Clubhouse
  • Association Amenities: Barbecue, Tennis Courts, Sport Court, Recreation Room, Racquetball, Management, Maintenance Grounds, Guest Parking, Fitness Center, Clubhouse
  • HOA Information: Yes
  • HOA Fee 1: 715.00
  • Total Monthly Association Fees: 715.00
  • Unit Location: End Unit, Second Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 616211037
  • Irrigation: Sprinkler System
  • Lot Size: 668.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2025
Closed on
Jan 14, 2025
Sold by
Close Jesse Philip
Bought by
Nacham Family Trust and Nacham
Seller's Agent
Raymond Radas
HomeSmart
Buyer's Agent
Raymond Radas
Equity Union
List Price
$210,000
Sold Price
$165,000
Premium/Discount to List
-$45,000
-21.43%
Views
11
Current Estimated Value
$173,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,178
Avg. Annual Appreciation
5.72%

Purchase Details

Listed on
Jul 3, 2019
Closed on
Jul 17, 2019
Sold by
Griffith Sheri and Griffith Michael
Bought by
Close Jesse Philip
Seller's Agent
Michelle Biagioni
Storyliving By Disney Realty
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$128,800
Sold Price
$123,000
Premium/Discount to List
-$5,800
-4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$110,700
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2017
Closed on
Aug 9, 2017
Sold by
Premaok Kenneth and Premaok Wendelyn
Bought by
Griffith Sheri and Griffith Michael
Seller's Agent
Denise Francis
Coldwell Banker Realty
Buyer's Agent
Michael Valerio
HomeSmart
List Price
$115,000
Sold Price
$100,000
Premium/Discount to List
-$15,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%
Original Mortgage
$60,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2015
Sold by
Premack Holdings Inc
Bought by
Premack Kenneth and Premack Wendelyn

Purchase Details

Listed on
Jan 18, 2013
Closed on
Feb 12, 2013
Sold by
Fannie Mae
Bought by
Premack Holdings Inc
Seller's Agent
Denise Francis
Coldwell Banker Realty
Buyer's Agent
Denise Francis
Coldwell Banker Realty
List Price
$47,000
Sold Price
$52,700
Premium/Discount to List
$5,700
12.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%

Purchase Details

Closed on
Dec 3, 2012
Sold by
Ridley Jack
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 2, 2003
Sold by
Sutton William L and Sutton Ann D
Bought by
Ridley Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,300
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2002
Sold by
Lamar William L
Bought by
Sutton William L and Sutton Ann D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $165,000 Fidelity National Title
Grant Deed $123,000 Equity Title Company
Grant Deed $100,000 Lawyers Title
Grant Deed -- None Available
Grant Deed $53,000 Old Republic Title Company
Trustee Deed $34,900 Landsafe Title
Grant Deed $72,000 First American Title Co
Grant Deed $40,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $110,700 New Conventional
Previous Owner $60,000 New Conventional
Previous Owner $56,300 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2025 02/11/25 Sold $165,000 -21.4% $247 / Sq Ft
02/10/2025 02/10/25 Pending -- -- --
01/04/2025 01/04/25 For Sale $210,000 +70.7% $314 / Sq Ft
08/16/2019 08/16/19 Sold $123,000 -4.5% $184 / Sq Ft View Prior Sale
07/03/2019 07/03/19 For Sale $128,800 +28.8% $193 / Sq Ft
09/08/2017 09/08/17 Sold $100,000 0.0% $150 / Sq Ft View Prior Sale
08/08/2017 08/08/17 Pending -- -- --
04/28/2017 04/28/17 Price Changed $100,000 -13.0% $150 / Sq Ft
03/27/2017 03/27/17 For Sale $115,000 +118.2% $172 / Sq Ft
02/13/2013 02/13/13 Sold $52,700 +12.1% $79 / Sq Ft View Prior Sale
01/18/2013 01/18/13 For Sale $47,000 -- $70 / 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 $2,241 $134,514 $82,021 $52,493
2023 $2,241 $129,292 $78,837 $50,455
2022 $2,071 $126,758 $77,292 $49,466
2021 $1,974 $124,274 $75,777 $48,497
2020 $1,875 $123,000 $75,000 $48,000
2019 $1,681 $102,000 $28,560 $73,440
2018 $1,656 $100,000 $28,000 $72,000
2017 $1,106 $56,173 $18,865 $37,308
2016 $1,075 $55,073 $18,496 $36,577
2015 $1,000 $53,994 $18,134 $35,860
2014 $997 $52,938 $17,780 $35,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219122108

California Desert Association of REALTORS®

APN: 616-211-037