NOT LISTED FOR SALE

48255 Monroe St Unit 63 Indio, CA 92201

Estimated Value: $266,000 - $292,000

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

Last Sold July 31, 2024

Last sale price $265,000 $266 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,355/month

30 Days on Market

Highlights

  • In Ground Pool
  • Community Lake
  • 2 Fireplaces
  • Gated Community
  • Secondary bathroom tub or shower combo
  • High Ceiling

About This Home

As of July 2024

Turn key 2 bed/2 bath condo located in the highly desirable Quail Lakes Racquet Club Community is ready to be made yours. Featuring vaulted ceilings, recessed lights, a private balcony, in-unit laundry with included washer and dryer, and a 1-car garage! The kitchen offers tile countertops, white appliances with included refrigerator, and the cabinets add a pop of color with seafoam green! The kitchen opens to the dining area with ceiling fan which flows into the spacious living room with attached balcony offering great views of the pool area. Both of the bedrooms are separated by the bathrooms with the large main bedroom featuring balcony access as well as a private ensuite with dual, on-trend, vessel sinks and a full tub/shower combo. There is also a full-size hall bathroom with pedestal sink for guests and the secondary bedroom to share. Residents get to enjoy Resort-like amenities including a sparkling swimming pool and spa, a beautiful community lake to sit by and watch the birds with gazebo area, and tennis courts! Also conveniently located near shopping, dining, and many Golfing options nearby!

Last Agent to Sell the Property

Marsha McMahon Jones

Redfin Corporation License #02136398 Listed on: 06/22/2024

Redfin Corporation

Last Buyer's Agent

Sondra Bittner

C 21 Coachella Valley RE License #02143777

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,989

Year Built

  • Built in 1980

Lot Details

  • Level Lot
  • Sprinkler System

HOA Fees

  • $597 Monthly HOA Fees

Home Design

  • Common Roof

Interior Spaces

  • 998 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Pool Views

Kitchen

  • Gas Oven
  • Microwave
  • Tile Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway
  • 1 Assigned Parking Space

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 616211063

Community Details

Overview

  • Quail Lakes Racquet Club Subdivision
  • Community Lake
  • Planned Unit Development

Recreation

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

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,989

Year Built

Built in 1980

Lot Details

0

HOA Fees

$597 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: One
  • Included In Sale: The refrigerator, washer & dryerare included.
  • List Price per Sq Ft: 280.56
  • Lp Sp Ratio: 0.9500
  • View Type: Pool
  • Year Built: 1980
  • Listing I D: 219113273
  • 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 Member Address: 75108 Gerald Ford Dr., Ste. #2, Palm Desert, CA 92211
  • Selling Office Address: 75108 Gerald Ford Dr., Ste. #2, Palm Desert, CA 92211
  • Selling Office Fax: (760) 345-7977
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Quail Lakes Racquet Club
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Oven, Microwave Oven, Washer, Refrigerator
  • Interior Amenities: Built-In Features, Recessed Lighting, High Ceilings (9 Ft+)
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 2
  • Bathroom Features: Shower Over Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area
  • Kitchen Features: Tile Counters
  • Laundry: Laundry Area
  • Estimated Sq Ft: 998.00

Exterior Features

  • Other Features: Balcony
  • Roofing: Common Roof
  • Patio: Balcony
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, 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, Driveway, Covered
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 2.00
  • Total Uncovered Assigned Spaces: 1.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Security: Gated Community
  • Sewer: On Site
  • Water: In Street

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Controlled Access, Tennis Courts, Paddle Tennis, Management, Lake or Pond
  • HOA Information: Yes
  • HOA Fee 1: 597.00
  • Total Monthly Association Fees: 597.00
  • Unit Location: Second Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 616211063
  • Irrigation: Sprinkler System
  • Lot Description: Level, Street Paved

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2024
Closed on
Jul 29, 2024
Sold by
Bowman Charles G and Bowman Lydia P
Bought by
Avalos Christy and Avalos Cristobal
Seller's Agent
Marsha McMahon Jones
Redfin Corporation
Buyer's Agent
Sondra Bittner
C 21 Coachella Valley RE
List Price
$279,999
Sold Price
$265,000
Premium/Discount to List
-$14,999
-5.36%
Views
13
Current Estimated Value
$276,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,997
Avg. Annual Appreciation
4.31%
Original Mortgage
$115,000
Outstanding Balance
$113,905
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$163,092

Purchase Details

Listed on
Nov 13, 2020
Closed on
Jan 25, 2021
Sold by
Mcneilly John J
Bought by
Bowman Charles G and Bowman Lydia P
Seller's Agent
Elise Moore
Bennion Deville Homes
Buyer's Agent
Tyson Hawley
KUD Properties, Inc.
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%
Original Mortgage
$162,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 13, 2018
Closed on
Dec 12, 2018
Sold by
Mckinley Drew M and Herrera Leslie A
Bought by
Mcneilly John J
Seller's Agent
Team Michael Hilgenberg w/ Keller Will
Keller Williams Realty
Buyer's Agent
Elise Moore
Bennion Deville Homes
List Price
$159,000
Sold Price
$156,000
Premium/Discount to List
-$3,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$140,400
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2010
Sold by
Smith Troy Lee
Bought by
Mckinley Drew M and Herrera Leslie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2007
Sold by
Davis Jacqueline C
Bought by
Smith Troy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2004
Sold by
Watson Craig S and Watson Dorothea M
Bought by
Davis Jacqueline C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,800
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2001
Sold by
Mayes Edna M
Bought by
Watson Craig S and Watson Dorothea M
Source: Public Records

Range of Values:

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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
Avalos Christy $265,000 None Listed On Document
Avalos Cristobal -- None Listed On Document
Bowman Charles G $180,000 Orange Coast Title Company
Mcneilly John J $156,000 Orange Coast Title
Mckinley Drew M $58,000 Fidelity National Title Sb
Smith Troy Lee $173,000 Southland Title Corporation
Davis Jacqueline C $164,000 First American Title Co
Watson Craig S -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avalos Cristobal $115,000
Previous Owner Bowman Charles G $162,000
Previous Owner Mcneilly John J $140,400
Previous Owner Mckinley Drew M $46,400
Previous Owner Smith Troy Lee $138,400
Previous Owner Davis Jacqueline C $155,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $265,000 -5.4% $266 / Sq Ft
06/22/2024 06/22/24 For Sale $279,999 +55.6% $281 / Sq Ft
01/28/2021 01/28/21 Sold $180,000 0.0% $180 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
11/13/2020 11/13/20 For Sale $180,000 +15.4% $180 / Sq Ft
01/09/2019 01/09/19 Sold $156,000 -1.9% $156 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
11/26/2018 11/26/18 For Sale $159,000 0.0% $159 / Sq Ft
11/11/2018 11/11/18 Pending -- -- --
11/05/2018 11/05/18 For Sale $159,000 0.0% $159 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
10/13/2018 10/13/18 For Sale $159,000 -- $159 / 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 $2,989 $265,000 $66,000 $199,000
2023 $2,989 $187,272 $57,222 $130,050
2022 $2,801 $163,981 $78,837 $85,144
2021 $2,534 $160,767 $77,292 $83,475
2020 $2,429 $159,120 $76,500 $82,620
2019 $1,225 $66,604 $17,222 $49,382
2018 $1,209 $65,299 $16,886 $48,413
2017 $1,210 $64,019 $16,555 $47,464
2016 $1,174 $62,765 $16,231 $46,534
2015 $1,098 $61,824 $15,988 $45,836
2014 $1,095 $60,615 $15,676 $44,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219113273

California Desert Association of REALTORS®

APN: 616-211-063