NOT LISTED FOR SALE

48255 Monroe St Unit 5 Indio, CA 92201

Estimated Value: $271,701 - $290,000

2 Beds
2 Baths
998 Sq Ft
$597/mo HOA Fee

Last Sold May 06, 2024

Last sale price $280,000 $281 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,383/month

43 Days on Market

Highlights

  • Heated In Ground Pool
  • Creek or Stream View
  • Contemporary Architecture
  • Gated Community
  • Clubhouse
  • Bamboo Flooring

About This Home

As of May 2024

Just two blocks from the home of the world-famous Coachella and Stagecoach music festivals, this fully furnished turnkey condo is perfect as your year-round residence or an easy vacation getaway. Located in Indio's gated Quail Lakes Racquet Club, the unit offers a prime top-floor setting overlooking the community's sparkling lakes, streams and waterfalls. The open two-bedroom, two-bath floorplan of approximately 1,000 s.f. is stylishly upgraded with bamboo wood flooring in living areas, custom paint and ceiling fans. Custom wood cabinetry with crown molding is showcased in a remodeled kitchen that features solid-surface countertops, and stainless steel appliances including a new Samsung French-door refrigerator and a new Whirlpool dishwasher. A vaulted ceiling enriches the living room, which opens to a view balcony with washer and dryer closet. High ceilings continue in the primary suite, where balcony access, mirrored wardrobe doors and an ensuite bath ensure personal comfort. A one-car garage is featured, along with a new HVAC system, and HOA dues cover gas, water and trash collection. The lushly landscaped Quail Lakes Racquet Club community reveals a large resort pool with spa, clubhouse, tennis and pickleball courts, winding paths and a charming gazebo. In addition to Coachella and Stagecoach, the Empire Polo Grounds host a full calendar of events, including the popular holiday lights drive-thru experience. Shopping centers, restaurants, golf, and Highway 111 are all close by.

Last Agent to Sell the Property

Koubek & Turney Realty Group

Bennion Deville Homes License #01942155T Listed on: 02/23/2024

Bennion Deville Homes

Last Buyer's Agent

Koubek & Turney Realty Group

Bennion Deville Homes License #01942155T Listed on: 02/23/2024

Bennion Deville Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,693

Year Built

  • Built in 1980

Lot Details

  • 0.3

HOA Fees

  • $597 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Property Views

  • Creek or Stream
  • Mountain
  • Park or Greenbelt
  • Pool

Home Design

  • Contemporary Architecture

Interior Spaces

  • 998 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Great Room
  • Dining Area

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

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

Additional Features

  • Open Patio
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 616-211-005

Community Details

Overview

  • Association fees include building and grounds, gas, sewer, water, trash
  • 50 Units

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,693

Year Built

Built in 1980

Lot Details

0

HOA Fees

$597 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Just two blocks from the home of the world-famous Coachella and Stagecoach music festivals, this fully furnished turnkey condo is perfect as your year-round residence or an easy vacation getaway. Located in Indio's gated Quail Lakes Racquet Club, the unit offers a prime top-floor setting overlooking the community's sparkling lakes, streams and waterfalls. The open two-bedroom, two-bath floorplan of approximately 1,000 square feet is stylishly upgraded with bamboo wood flooring, custom paint and ceiling fans. Custom wood cabinetry with crown molding is showcased in a remodeled kitchen that features solid-surface countertops, and stainless steel appliances including a new Samsung French-door refrigerator and a new Whirlpool dishwasher. A vaulted ceiling enriches the living room, which opens to a view balcony with washer and dryer closet. High ceilings continue in the primary suite, where balcony access, mirrored wardrobe doors and an ensuite bath ensure personal comfort. A one-car garage is featured, along with a new HVAC system, and HOA dues cover gas, water and trash collection. Quail Lakes Racquet Club reveals a large resort pool with spa, tennis and pickleball courts, winding paths and a charming gazebo.
  • Builders Tract Code: 1680
  • Complex Name: Quail Lakes Racquet Club
  • Entry Floor: 2
  • Living Area: 998
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1980
  • Builders Tract Name: Quail Lakes Racquet
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Bamboo, Laminate
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 280.56

Exterior Features

  • Pool Description: In Ground, Heated, Community
  • Pool: Yes
  • Spa: Community, Heated, In Ground
  • Spa Yn: Yes
  • View: Green Belt, Mountains, Pool, Creek/Stream
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car, Garage Is Detached, Parking for Guests

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Clubhouse, Gated Community, Guest Parking, Greenbelt/Park, Pickleball, Spa, Pool, Tennis Courts
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Gas, Sewer, Water, Trash
  • HOA Fees: 597.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 616-211-005

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Apr 8, 2024
Sold by
Bullington Andrew P and Bullington Kelly L
Bought by
Rabago Karina
Seller's Agent
Koubek & Turney Realty Group
Bennion Deville Homes
Buyer's Agent
Koubek & Turney Realty Group
Bennion Deville Homes
List Price
$295,000
Sold Price
$280,000
Premium/Discount to List
-$15,000
-5.08%
Views
61
Current Estimated Value
$286,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,746
Avg. Annual Appreciation
0.10%
Original Mortgage
$274,928
Outstanding Balance
$271,318
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$9,056

Purchase Details

Listed on
Dec 27, 2017
Closed on
Feb 22, 2018
Sold by
Edmiston Janne Michelle
Bought by
Bullington Andrew P and Bullington Kelly J
Seller's Agent
Robert Cross
Cross Realty
Buyer's Agent
Unknown Member
List Price
$143,000
Sold Price
$144,000
Premium/Discount to List
$1,000
0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%
Original Mortgage
$129,600
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 17, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Edmiston Janne Michelle

Purchase Details

Closed on
Oct 21, 2009
Sold by
Toledo Angel
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 14, 2005
Sold by
Morris Christine Ann
Bought by
Toledo Angel

Purchase Details

Closed on
Mar 3, 2003
Sold by
Morris Christine Ann and Dailey Marty Andre
Bought by
Morris Christine Ann

Purchase Details

Closed on
Apr 19, 2002
Sold by
Ramos Rogelio T and Ramos Eugenia V
Bought by
Morris Christine Ann and Dailey Marty Andre

Purchase Details

Closed on
Jan 10, 2001
Sold by
Strain Stanley and Strain Darlene
Bought by
Dunkeson Angelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Rabago Karina $280,000 Orange Coast Title
Bullington Andrew P $144,000 Ti Con Title
Edmiston Janne Michelle $59,500 First American Title Ins Co
Federal Home Loan Mortgage Corporation $105,000 Landsafe Title
Toledo Angel $168,000 Chicago Title
Morris Christine Ann -- --
Morris Christine Ann $83,000 Commerce Title
Dunkeson Angelina $59,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rabago Karina $10,768
Open Rabago Karina $274,928
Previous Owner Bullington Andrew P $129,600
Previous Owner Toledo Angel $122,500
Previous Owner Dunkeson Angelina $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $280,000 0.0% $281 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
03/17/2024 03/17/24 Price Changed $280,000 0.0% $281 / Sq Ft
03/16/2024 03/16/24 Price Changed $280,000 -5.1% $281 / Sq Ft
02/23/2024 02/23/24 For Sale $295,000 +104.9% $296 / Sq Ft
03/14/2018 03/14/18 Sold $144,000 +0.7% $144 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $143,000 0.0% $143 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
12/27/2017 12/27/17 For Sale $143,000 -- $143 / Sq Ft
Source: The MLS

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 $2,693 $285,600 $71,400 $214,200
2023 $2,693 $157,481 $21,871 $135,610
2022 $2,516 $154,394 $21,443 $132,951
2021 $2,413 $151,368 $21,023 $130,345
2020 $2,309 $149,817 $20,808 $129,009
2019 $2,260 $146,880 $20,400 $126,480
2018 $1,147 $67,489 $22,115 $45,374
2017 $1,146 $66,167 $21,682 $44,485
2016 $1,111 $64,870 $21,257 $43,613
2015 $1,036 $63,898 $20,939 $42,959
2014 $1,032 $62,648 $20,530 $42,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-360937

The MLS

APN: 616-211-005