NOT LISTED FOR SALE

48255 Monroe St Unit 4 Indio, CA 92201

Estimated Value: $253,684 - $281,000

2 Beds
2 Baths
998 Sq Ft
$330/mo HOA Fee

Last Sold March 24, 2017

Last sale price $130,000 $130 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,924/month

38 Days on Market

Highlights

  • Access To Lake
  • Pond View
  • Main Floor Bedroom
  • In Ground Pool
  • Contemporary Architecture
  • Furnished

About This Home

As of March 2017

What a wonderful find in the gated community of Quail Lakes! This attractive furnished condo offers 2 bedrooms,2 bathrooms and a covered patio with ceiling fan off the family room & master suite that overlooks the tranquil lake and pool area! This home is a lovely floor plan with open layout living & dinning room,roomy kitchen with breakfast bar, master bedroom with private bathroom, wood laminate flooring, plantation shutters and ceiling fans.This is a great property to have as a desert getaway or full-time resident.Enjoy the manicured grounds with cascading water features, lake,pool,spa,sports court and drought-tolerant flora.

Last Agent to Sell the Property

Julie Bertone

Berkshire Hathaway H.S.C.P. License #01266545 Listed on: 01/03/2017

Berkshire Hathaway H.S.C.P.

Last Buyer's Agent

Julie Bertone

Berkshire Hathaway H.S.C.P. License #01266545 Listed on: 01/03/2017

Berkshire Hathaway H.S.C.P.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Garage Door Opener
  • Automatic Gate
  • Assigned Parking

Property Views

  • Pond
  • Pool
  • Rock

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 998 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Home Security

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Access To Lake
  • Covered Patio or Porch
  • Exterior Lighting

Additional Features

  • No Interior Steps
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 12822
  • Assessor Parcel Number 616211004

Community Details

Overview

  • Quail Lakes Association, Phone Number (949) 728-8414

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0

HOA Fees

$330 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Smoke Detector(s)
  • View: Yes
  • Zoning: R3PD
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 616211004
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 998.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Furnished
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 130.26
  • Room Type: Main Floor Bedroom
  • Spa Features: Association, Heated, In Ground

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Pond, Pool, Rocks
  • Patio And Porch Features: Concrete, Covered, Patio Open, Rear Porch
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Door Opener
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Trash, Pet Rules, Pets Permitted
  • Association Fee: 330.00
  • Association Fee Frequency: Monthly
  • Association Name: Quail Lakes
  • Phone: 949-728-8414
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 1307.00

Multi Family

  • Lease Considered: No
  • Waterfront Features: Lake

Tax Info

  • Tax Census Tract: 491.00
  • Tax Lot: 4
  • Tax Tract Number: 12822

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2017
Closed on
Feb 15, 2017
Sold by
Segaar Stanley
Bought by
Robinson Robert H and Malecka Kamila Katarzyna
Seller's Agent
Julie Bertone
Berkshire Hathaway H.S.C.P.
Buyer's Agent
Julie Bertone
Berkshire Hathaway H.S.C.P.
List Price
$129,900
Sold Price
$130,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$265,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,171
Avg. Annual Appreciation
8.46%
Original Mortgage
$123,500
Outstanding Balance
$102,167
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$163,004

Purchase Details

Listed on
Nov 3, 2015
Closed on
Feb 26, 2016
Sold by
Cross Robert
Bought by
Cross Terri
Seller's Agent
Robert Cross
Cross Realty
Buyer's Agent
Julie Bertone
Equity Union
List Price
$139,500
Sold Price
$132,000
Premium/Discount to List
-$7,500
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.46%

Purchase Details

Listed on
Nov 3, 2015
Closed on
Feb 25, 2016
Sold by
Burks Michael and Burks Dean
Bought by
Segaar Pauline
Seller's Agent
Robert Cross
Cross Realty
Buyer's Agent
Julie Bertone
Equity Union
List Price
$139,500
Sold Price
$132,000
Premium/Discount to List
-$7,500
-5.38%

Purchase Details

Closed on
Apr 8, 2011
Sold by
Jacobs Connie
Bought by
Jacobs Connie and Burks Michael

Purchase Details

Closed on
Mar 18, 2011
Sold by
Boone Cary
Bought by
Jacobs Connie

Purchase Details

Closed on
Oct 5, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Boone Cary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2008
Sold by
Elwell Carrie
Bought by
Hsbc Bank Usa Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2006
Sold by
Samuel Jey R and Samuel Sujita P
Bought by
Elwell Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2004
Sold by
Jacobs Harold and Jacobs Connie
Bought by
Samuel Jey R and Samuel Sujita P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2002
Sold by
Kempe Edson W and Kempe Jane
Bought by
Jacobs Harold and Jacobs Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2001
Sold by
Parker Robert K and Parker Frances S
Bought by
Kempe Edson W and Kempe Jane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Robinson Robert H $130,000 Stewart Title
Cross Terri -- Ticor Title Company
Segaar Pauline $127,000 Ticor Title Company
Jacobs Connie -- Accommodation
Jacobs Connie $74,000 Ticor Title Riverside
Boone Cary $82,000 Landamerica
Hsbc Bank Usa Na $148,500 None Available
Elwell Carrie $220,000 New Century Title Company
Samuel Jey R $185,000 New Century Title Company Ri
Jacobs Harold $76,000 First American Title Co
Kempe Edson W $62,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Robert H $123,500
Previous Owner Boone Cary $60,000
Previous Owner Elwell Carrie $176,000
Previous Owner Samuel Jey R $148,000
Previous Owner Jacobs Harold $68,400
Previous Owner Kempe Edson W $47,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2017 03/24/17 Sold $130,000 +0.1% $130 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
01/03/2017 01/03/17 For Sale $129,900 -1.6% $130 / Sq Ft
03/08/2016 03/08/16 Sold $132,000 -5.4% $132 / Sq Ft View Prior Sale
02/23/2016 02/23/16 Pending -- -- --
11/03/2015 11/03/15 For Sale $139,500 -- $140 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,444 $150,869 $40,617 $110,252
2023 $2,444 $145,013 $39,041 $105,972
2022 $2,269 $142,171 $38,276 $103,895
2021 $2,169 $139,384 $37,526 $101,858
2020 $2,067 $137,956 $37,142 $100,814
2019 $2,020 $135,252 $36,414 $98,838
2018 $1,986 $132,600 $35,700 $96,900
2017 $2,072 $129,540 $37,740 $91,800
2016 $1,679 $102,000 $30,600 $71,400
2015 $1,104 $69,286 $15,988 $53,298
2014 $1,099 $67,931 $15,676 $52,255
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Julie Bertone

    Berkshire Hathaway H.S.C.P.

    Section Image
  • Jennie Robinson

    Buyer Co-Listing Agent in 2017

    Jennie Robinson

    Windermere Real Estate

    (760) 413-5209

    2 in this area

    9 Total Sales

    Jennie Robinson
    Section Image

  • R

    Seller's Agent in 2016

    Robert Cross

    Cross Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17000987

California Regional Multiple Listing Service (CRMLS)

APN: 616-211-004

California Riverside County Indio 92201

48255 Monroe St Unit 4, Indio, CA

Not Listed for Sale

Condos

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