NOT LISTED FOR SALE

48255 Monroe St Unit 38 Indio, CA 92201

Estimated Value: $184,000 - $195,553

1 Bed
1 Bath
668 Sq Ft
$330/mo HOA Fee

Last Sold June 04, 2019

Last sale price $100,000 $150 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,491/month

91 Days on Market

Highlights

  • Heated In Ground Pool
  • Tennis Courts
  • Controlled Access
  • Creek or Stream View
  • 1 Car Detached Garage
  • Tile Flooring

About This Home

As of June 2019

Investors dream, reliable tenant, Property is leased through August 31, 2019. Buyer to assume and honor Lease. One bedroom Condo on the ground level with a detached garage in the beautiful Gated community of Quail Lakes. The Condo has been updated with new carpet, new paint,and new bathroom . The view from the patio is of the Large pool and Gazabo surrounded by running streams that pass through the whole property and give it a Park like and peaceful atmosphere . Very few one bedroom condominiums available .

Last Agent to Sell the Property

Trish Fitzgerald

Anita McGregor, Broker License #01723849 Listed on: 02/05/2019

Last Buyer's Agent

Trish Fitzgerald

Shoot 4 The Moon Properties, Inc. License #01723849

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • 871

HOA Fees

  • $330 Monthly HOA Fees

Property Views

  • Creek or Stream
  • Pool

Home Design

  • 668 Sq Ft Home

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Guest Parking

Pool

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

Location

  • Ground Level

Utilities

  • Hot Water Heating System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 616211038

Community Details

Overview

  • Quail Lakes Racquet Club Subdivision
  • On-Site Maintenance

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Ground
  • Builders Tract Code: Quail Lakes Racquet
  • List Price per Sq Ft: 194.61
  • Lp Sp Ratio: 0.7692
  • View Type: Creek/Stream, Pool
  • Year Built: 1980
  • Listing I D: 219004193
  • Listing Office Address: 78065 Main St. #107, La Quinta, CA 92253
  • Listing Office Fax: (760) 771-9190
  • Selling Office Address: 78065 Main St. #107, La Quinta, CA 92253
  • Selling Office Fax: (760) 771-9190
  • Land Type: Fee
  • Subdivision: Quail Lakes Racquet Club
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Estimated Sq Ft: 668.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Not Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Heated
  • View: Yes

Garage/Parking

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

Utilities

  • Sewer: In Street Paid

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Amenities: Controlled Access, Tennis Courts, Pet Rules, Maintenance Grounds, Hot Water, Guest Parking
  • HOA Information: Yes
  • HOA Fee 1: 330.00
  • Total Monthly Association Fees: 330.00

Lot Info

  • Assessor Parcel Number: 616211038
  • Lot Acres: 0.0200
  • Lot Size: 871.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2023
Sold by
Handler Therese K
Bought by
Maury And Therese Handler Living Trust and Handler
Current Estimated Value
$190,888

Purchase Details

Listed on
Feb 5, 2019
Closed on
May 23, 2019
Sold by
Winterton Lacey and Gould Fergus
Bought by
Handler Maury J and Handler Therese K
Seller's Agent
Trish Fitzgerald
Anita McGregor, Broker
Buyer's Agent
Trish Fitzgerald
Realty Executives Desert Lifestyles
List Price
$130,000
Sold Price
$100,000
Premium/Discount to List
-$30,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%

Purchase Details

Listed on
Feb 5, 2019
Closed on
May 13, 2019
Sold by
Steinke Erica
Bought by
Steinke Craig
Seller's Agent
Trish Fitzgerald
Anita McGregor, Broker
Buyer's Agent
Trish Fitzgerald
Realty Executives Desert Lifestyles
List Price
$130,000
Sold Price
$100,000
Premium/Discount to List
-$30,000
-23.08%

Purchase Details

Closed on
Feb 25, 2019
Sold by
Winterton Lacey
Bought by
Smith Scott Royal

Purchase Details

Closed on
Jan 17, 2014
Sold by
Steinke Craig
Bought by
Winterton Lacey

Purchase Details

Listed on
Jan 28, 2013
Closed on
Mar 28, 2013
Sold by
Federal National Mortgage Association
Bought by
Winterton Lacey and Steinke Craig
Seller's Agent
Roger Joles
Bennion Deville Homes
Buyer's Agent
Trish Fitzgerald
Realty Executives Desert Lifestyles
List Price
$58,000
Sold Price
$51,000
Premium/Discount to List
-$7,000
-12.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%

Purchase Details

Closed on
Nov 23, 2012
Sold by
Ridley Jack A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 12, 2003
Sold by
George Eileen E and Moore Howard B
Bought by
Ridley Jack A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,200
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 1998
Sold by
Sterling Holding Corp
Bought by
George Eileen E and Moore Howard B

Purchase Details

Closed on
Sep 3, 1997
Sold by
Sims Dennis H and Sims Carol L
Bought by
Sterling Holding Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maury And Therese Handler Living Trust -- None Listed On Document
Handler Maury J $100,000 Wfg Title
Steinke Craig -- Wfg National Title Co Of Ca
Smith Scott Royal -- None Available
Winterton Lacey -- None Available
Winterton Lacey $51,000 Lawyers Title Company
Federal National Mortgage Association $36,700 Landsafe Title
Ridley Jack A $71,500 Fidelity National Title Co
George Eileen E $20,000 Fidelity National Title Co
Sterling Holding Corp $35,049 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ridley Jack A $57,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2019 06/04/19 Sold $100,000 -23.1% $150 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $130,000 +154.9% $195 / Sq Ft
03/29/2013 03/29/13 Sold $51,000 -12.1% $76 / Sq Ft View Prior Sale
01/28/2013 01/28/13 For Sale $58,000 -- $87 / Sq Ft
Source: California Desert Association of REALTORS®

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 $2,045 $111,547 $83,661 $27,886
2023 $2,045 $107,217 $80,413 $26,804
2022 $1,883 $105,116 $78,837 $26,279
2021 $1,792 $103,056 $77,292 $25,764
2020 $1,695 $102,000 $76,500 $25,500
2019 $1,104 $57,160 $16,810 $40,350
2018 $1,090 $56,040 $16,481 $39,559
2017 $1,090 $54,942 $16,158 $38,784
2016 $1,060 $53,866 $15,842 $38,024
2015 $988 $53,058 $15,605 $37,453
2014 $986 $52,020 $15,300 $36,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219004193

California Desert Association of REALTORS®

APN: 616-211-038