NOT LISTED FOR SALE

48255 Monroe St Unit 58 Indio, CA 92201

Estimated Value: $260,179 - $291,000

2 Beds
2 Baths
998 Sq Ft
$441/ mo HOA Fee

Last Sold May 18, 2022

Last sale price $255,000 $256 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,238/month

17 Days on Market

Highlights

  • Spa
  • Updated Kitchen
  • Tennis Courts
  • Pond View
  • Quartz Countertops
  • Breakfast Bar

About This Home

As of May 2022

Gorgeous, newly remodeled two bedroom two bath condo in Indio! Just a short walk to the Coachella Festival grounds, close to shopping and restaurants, this location couldn't be better! Bright and airy with all new appliances, quartz counter tops and fresh paint. New tile in the bedrooms and kitchen, new fans and light fixtures throughout, this is a fantastic opportunity for first time homebuyers, those looking for a desert getaway, or investors. Located in the Desert Sands School District and in the heart of it all, you do not want to miss out on the opportunity to make this your new home!
**NO STR ALLOWED**
First showings will be during the open house on Sunday the 27th starting at 1:00.

Last Agent to Sell the Property

KELLY TWEEDIE

KELLER WILLIAMS-LA QUINTA License #02074655 Listed on: 03/25/2022

KELLER WILLIAMS-LA QUINTA

Last Buyer's Agent

Lily L. McMillen

MCMILLEN REAL ESTATE License #01197687

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $441 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available

Property Views

  • Pond
  • Pool

Home Design

  • Tile Roof

Interior Spaces

  • 998 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Oven
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Spa
  • Concrete Porch or Patio

Schools

  • Indio High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 58
  • Tax Tract Number 12822
  • Assessor Parcel Number 616211058
  • $466 per year additional tax assessments

Community Details

Overview

  • 68 Units
  • Quail Lakes Association, Phone Number (760) 346-1161
  • Drm HOA

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Year Built

Built in 1980 | Remodeled

Lot Details

1,307 Sq Ft Lot

HOA Fees

$441 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Card/Code Access
  • View: Yes
  • Zoning: R3PD
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 616211058
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 998.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 255.51
  • Room Type: All Bedrooms Down, Laundry
  • Spa Features: Community
  • Bathroom Features: Bathtub, Shower In Tub, Quartz Counters, Remodeled
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Pond, Pool
  • Patio And Porch Features: Concrete
  • Pool Features: Community
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Closet, Outside, Washer Hookup
  • 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), Gas, Water, Controlled Access
  • Association Fee: 441.00
  • Association Fee Frequency: Monthly
  • Association Name: Quail Lakes
  • Phone: 760-346-1161
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: DRM

Schools

  • High School: Indio
  • High School2: INDIO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1307.00
  • Lot Size Acres: 0.0300
  • Latitude Manual: 33.69800000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1307.0000 Square Feet
  • Number Of Units In Community: 68
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 491.00
  • Tax Lot: 58
  • Tax Tract Number: 12822
  • TaxOtherAnnualAssessmentAmount: 466.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 18, 2022
Sold by
Leon Martha L
Bought by
Leon Rigoberto
Seller's Agent
KELLY TWEEDIE
KELLER WILLIAMS-LA QUINTA
Buyer's Agent
Lily L. McMillen
MCMILLEN REAL ESTATE
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%
Current Estimated Value
$278,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,060
Avg. Annual Appreciation
2.28%
Original Mortgage
$242,250
Outstanding Balance
$227,560
Interest Rate
4.72%
Mortgage Type
Balloon
Estimated Equity
$50,500

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 11, 2022
Sold by
Leon Martha L
Bought by
Leon Rigoberto
Seller's Agent
KELLY TWEEDIE
KELLER WILLIAMS-LA QUINTA
Buyer's Agent
Lily L. McMillen
MCMILLEN REAL ESTATE
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Outstanding Balance
$227,560
Interest Rate
4.72%
Mortgage Type
Balloon
Estimated Equity
$50,500

Purchase Details

Listed on
Mar 25, 2022
Closed on
Apr 19, 2022
Sold by
Leon Martha L
Bought by
Leon Rigoberto
Seller's Agent
KELLY TWEEDIE
KELLER WILLIAMS-LA QUINTA
Buyer's Agent
Lily L. McMillen
MCMILLEN REAL ESTATE
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Outstanding Balance
$227,560
Interest Rate
4.72%
Mortgage Type
Balloon
Estimated Equity
$50,500

Purchase Details

Closed on
Sep 21, 2005
Sold by
Brannian Robert C and Brannian Judith A
Bought by
Stanford William Michael and Stanford Mary Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 13, 2004
Sold by
Brannian Robert C and Brannian Judith A
Bought by
Brannian Robert C and Brannian Judith A

Purchase Details

Closed on
Mar 1, 2004
Sold by
Coleman Norman E and Coleman Connie
Bought by
Brannian Robert C and Brannian Judith A

Purchase Details

Closed on
Apr 15, 1998
Sold by
Brewer Keith and Brewer Carol Brewer
Bought by
Coleman Norman E and Coleman Connie

Purchase Details

Closed on
Aug 29, 1995
Sold by
Thomas Bonnie
Bought by
Brewer Keith and Brewer Carol Brewer
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
Leon Rigoberto -- None Listed On Document
Leon Rigoberto -- --
Leon Rigoberto -- None Listed On Document
Leon Rigoberto $255,000 None Listed On Document
Stanford William Michael $201,000 Orange Coast Title
Brannian Robert C -- --
Brannian Robert C $130,000 First American Title Co
Coleman Norman E $51,000 First American Title Ins Co
Brewer Keith $60,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leon Rigoberto $242,250
Closed Leon Rigoberto $242,250
Previous Owner Stanford William Michael $160,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2022 05/18/22 Sold $255,000 -7.3% $256 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $275,000 -- $276 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,017 $270,607 $79,590 $191,017
2023 $4,017 $260,100 $76,500 $183,600
2022 $3,176 $205,805 $60,872 $144,933
2021 $2,618 $167,321 $49,489 $117,832
2020 $2,339 $152,110 $44,990 $107,120
2019 $2,270 $147,680 $43,680 $104,000
2018 $2,198 $142,000 $42,000 $100,000
2017 $2,118 $133,000 $40,000 $93,000
2016 $1,833 $114,000 $34,000 $80,000
2015 $1,627 $104,000 $31,000 $73,000
2014 $1,545 $96,000 $29,000 $67,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV22055517

California Regional Multiple Listing Service (CRMLS)

APN: 616-211-058

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