NOT LISTED FOR SALE

48255 Monroe St Unit 40 Indio, CA 92201

Estimated Value: $189,000 - $227,000

1 Bed
1 Bath
668 Sq Ft
$492/mo HOA Fee

Last Sold March 29, 2024

Last sale price $216,000 $323 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,819/month

188 Days on Market

Highlights

  • In Ground Pool
  • Pond View
  • Clubhouse
  • Gated Community
  • Community Lake
  • Secondary bathroom tub or shower combo

About This Home

As of March 2024

Stunning 1 bed, 1 bath condo located in the desirable Quail Lakes Racquet Club community is ready for you! Condo offers a charming interior aesthetic with grey toned paint scheme, gorgeous wood-look tile floors in the main living areas, private laundry area, and a great patio area with views of the pond and community swimming pool area! The kitchen has tile countertops with bar seating and updated turquoise appliances. The dining area has on-trend starburst chandelier and the bedroom has a mirrored closet, en-suite bath with granite counter and full-size tub with shower. Window divides the bedroom and living area, allowing for views into the living room or close for privacy. The patio also offers a small entree window shelf from the kitchen - great for hosting! A laundry closet with washer/dryer is located on the patio. Complete with a 1-car garage. Residents get to enjoy resort-like community amenities including a sparkling swimming pool, spa, clubhouse, tennis and racquet ball courts, beautiful landscaping throughout the entire community, and many unassigned parking spaces for guests! Don't miss this opportunity!

Last Agent to Sell the Property

Marsha McMahon Jones

Redfin Corporation License #02136398 Listed on: 09/12/2023

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,404

Year Built

  • Built in 1980

Lot Details

  • End Unit
  • Landscaped

HOA Fees

  • $492 Monthly HOA Fees

Home Design

  • Common Roof

Interior Spaces

  • 668 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Tile Flooring
  • Pond Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 1 Car Detached Garage
  • Assigned Parking
  • Unassigned Parking

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district

Additional Features

  • No Interior Steps
  • Concrete Porch or Patio

Listing and Financial Details

  • Assessor Parcel Number 616211040

Community Details

Overview

  • Quail Lakes Racquet Club Subdivision
  • On-Site Maintenance
  • Community Lake
  • Planned Unit Development

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Community Pool
  • Community Spa

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,404

Year Built

Built in 1980

Lot Details

0

HOA Fees

$492 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: One
  • Disability Access: No Interior Steps
  • List Price per Sq Ft: 332.34
  • Lp Sp Ratio: 0.9700
  • View Type: Pond
  • Water District Name: Coachella Valley Water District
  • Year Built: 1980
  • Listing I D: 219099736
  • Listing Member Address: 1260 Corona Pointe Ct Ste 306, Corona, CA 92879
  • Listing Office Address: 1260 Corona Pointe Ct Ste 306, Corona, CA 92879
  • Listing Office Fax: (949) 682-4734
  • Selling Office Address: 23925 Park Sorrento, Calabasas, CA 91302
  • Land Type: Fee
  • Subdivision: Quail Lakes Racquet Club
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Oven
  • Range Hood: Yes
  • Flooring: Tile
  • Total Bedrooms: 1
  • Bathroom Features: Shower Over Tub
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Tile Counters
  • Laundry: Laundry Area, Outside
  • Estimated Sq Ft: 668.00
  • Windows Treatments: Blinds

Exterior Features

  • Other Features: End Unit
  • Roofing: Common Roof
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground
  • 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, Unassigned
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Central
  • Security: Gated Community
  • Sewer: On Site
  • Water: Water District

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Controlled Access, Tennis Courts, Sport Court, Picnic Area, Maintenance Grounds, Lake or Pond, Clubhouse
  • HOA Information: Yes
  • HOA Fee 1: 492.00
  • Total Monthly Association Fees: 492.00
  • Unit Location: End Unit

Lot Info

  • Assessor Parcel Number: 616211040
  • Lot Description: Landscaped, Level
  • Lot Size: 871.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Mar 20, 2024
Sold by
Lawrence Andrew Eric
Bought by
Lawrence Andrew Eric
Seller's Agent
Marsha McMahon Jones
Redfin Corporation
List Price
$223,000
Sold Price
$216,000
Premium/Discount to List
-$7,000
-3.14%
Views
233
Current Estimated Value
$206,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,085
Avg. Annual Appreciation
-3.62%
Original Mortgage
$162,000
Outstanding Balance
$159,680
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$45,534

Purchase Details

Listed on
Sep 12, 2023
Closed on
Mar 19, 2024
Sold by
Oconnor Mark Allen
Bought by
Oconnor Mark Allen and Oconnor Julie Anne
Seller's Agent
Marsha McMahon Jones
Redfin Corporation
List Price
$223,000
Sold Price
$216,000
Premium/Discount to List
-$7,000
-3.14%
Views
233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Outstanding Balance
$159,680
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$45,534

Purchase Details

Listed on
Oct 16, 2019
Closed on
Dec 27, 2019
Sold by
Gomez Edwin and Gomez Jessica
Bought by
Lawrence Andrew Eric
Seller's Agent
Eve Zimmerle
Keller Williams Realty
Buyer's Agent
Tammy Wheat
Keller Williams Luxury Homes
List Price
$135,000
Sold Price
$127,000
Premium/Discount to List
-$8,000
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.31%
Original Mortgage
$116,100
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2017
Closed on
Jul 18, 2017
Sold by
Ramirez Alberto H and Ramirez Diana O
Bought by
Gomez Edwin and Gomez Jessica
Seller's Agent
Yvonne Smith
First Team Real Estate
Buyer's Agent
GUILLERMO CASTILLO
GUILLERMO CASTILLO, BROKER
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.00%
Original Mortgage
$72,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2016
Sold by
Ramirez Alberto H and Ramirez Diana O
Bought by
Ramirez Alberto H and Ramirez Diana O

Purchase Details

Closed on
Feb 16, 2007
Sold by
Franz Lyndon W
Bought by
Ramirez Alberto H and Ramirez Diana O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2005
Sold by
Anelauskas Vincent and Anelauskas Dalia J
Bought by
Franz Lyndon W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lawrence Andrew Eric $216,000 None Listed On Document
Oconnor Mark Allen -- None Listed On Document
Lawrence Andrew Eric $135,000 None Available
Gomez Edwin $90,000 Ticor Title San Diego Branch
Ramirez Alberto H -- None Available
Ramirez Alberto H $145,000 First American Title
Franz Lyndon W $125,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnor Mark Allen $162,000
Previous Owner Lawrence Andrew Eric $116,100
Previous Owner Gomez Edwin $72,000
Previous Owner Ramirez Alberto H $116,000
Previous Owner Franz Lyndon W $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $216,000 -2.7% $323 / Sq Ft
02/12/2024 02/12/24 Price Changed $222,000 -0.4% $332 / Sq Ft
01/08/2024 01/08/24 Price Changed $223,000 -0.4% $334 / Sq Ft
10/05/2023 10/05/23 Price Changed $224,000 +0.4% $335 / Sq Ft
09/12/2023 09/12/23 For Sale $223,000 +75.6% $334 / Sq Ft
12/30/2019 12/30/19 Sold $127,000 -5.9% $190 / Sq Ft
10/16/2019 10/16/19 For Sale $135,000 +50.0% $202 / Sq Ft
09/05/2017 09/05/17 Sold $90,000 -10.0% $135 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $100,000 -- $150 / 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 $2,404 $220,320 $55,080 $165,240
2023 $2,404 $141,906 $78,837 $63,069
2022 $2,230 $139,125 $77,292 $61,833
2021 $2,130 $136,398 $75,777 $60,621
2020 $2,119 $135,000 $75,000 $60,000
2019 $1,550 $91,800 $25,500 $66,300
2018 $1,527 $90,000 $25,000 $65,000
2017 $1,525 $88,000 $27,000 $61,000
2016 $1,306 $73,000 $23,000 $50,000
2015 $1,113 $63,000 $20,000 $43,000
2014 $1,074 $59,000 $18,000 $41,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Marsha McMahon Jones

    Redfin Corporation

    Section Image

  • E

    Seller's Agent in 2019

    Eve Zimmerle

    Keller Williams Realty

  • T

    Buyer's Agent in 2019

    Tammy Wheat

    Keller Williams Luxury Homes

  • Yvonne Smith

    Seller's Agent in 2017

    Yvonne Smith

    First Team Real Estate

    (951) 719-7496

    48 Total Sales

    Section Image
  • GUILLERMO CASTILLO

    Buyer's Agent in 2017

    GUILLERMO CASTILLO

    GUILLERMO CASTILLO, BROKER

    (818) 203-7494

    12 Total Sales

    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219099736

California Desert Association of REALTORS®

APN: 616-211-040

California Riverside County Indio 92201

48255 Monroe St Unit 40, Indio, CA

This home is located at 48255 Monroe St Unit 40, Indio, CA 92201 since 12 September 2023 and is currently estimated at $206,915, approximately $309 per square foot. This property was built in 1980. 48255 Monroe St Unit 40 is a home located in Riverside County with nearby schools including Mountain Vista Elementary School, Cahuilla Desert Academy Junior High, and Coachella Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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