NOT LISTED FOR SALE

48255 Monroe St Unit 7 Indio, CA 92201

Estimated Value: $262,739 - $304,000

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

Last Sold September 30, 2024

Last sale price $270,000 $271 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,315/month

83 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Tennis Courts
  • Gated Community
  • 2 Fireplaces
  • 1 Car Detached Garage

About This Home

As of September 2024

Stunning fully remodeled modern contemporary style condo awaits you. Walking inside this prime top-floor condo you will be amazed of how spacious and bright the living space is. Featuring high vaulted ceiling with a beautiful fan, fresh paint, updated light fixtures, outlets, switches & hardware throughout. The beautiful kitchen was recently remodeled with matching Whirlpool stainless steel appliances, new gorgeous soft closing cabinets, modern backsplash and countertops. The primary suite is specious and dramatic with it's vaulted ceiling, fan for air movement, desk space for quiet work. modern barn door with frosted glass accents, and glass slider doors leading to a private balcony with amazing views of the community's sparkling lake, streams, pool, and charming gazebo. The two full bathrooms have been renovated with new sink and shower fixtures, new vanities, light fixtures, cabinets and fresh paint. HOA dues cover gas, water and trash collection . A laundry in unit and a one car garage is included. The lushly landscaped Quail Lakes Racquet Club community reveals a large resort pool with spa, clubhouse, tennis, pickle ball courts, and winding paths. In addition this community is close to Coachella and Stagecoach music festivals, the Empire Polo Grounds host a full calendar of events, Shopping centers, restaurants, Old Town La Quinta and many golfing opportunities are near by.

Last Agent to Sell the Property

Repeka Mazmanian

Weichert Realtors-Preferred License #01826075 Listed on: 07/01/2024

Weichert Realtors-Preferred

Last Buyer's Agent

Hunter Brooks

eXp Realty Of Southern California Inc License #02212112

eXp Realty Of Southern California Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

HOA Fees

  • $597 Monthly HOA Fees

Interior Spaces

  • 998 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Living Room
  • Dining Area
  • Tile Flooring
  • Mountain Views
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Automatic Gate
  • Guest Parking
  • Unassigned Parking

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 616211007

Community Details

Overview

  • Quail Lakes Racquet Club Subdivision
  • Greenbelt
  • Planned Unit Development

Recreation

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

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

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
  • List Price per Sq Ft: 260.42
  • Lp Sp Ratio: 1.0400
  • View Type: Mountain(s)
  • Year Built: 1980
  • Listing I D: 219113676
  • Listing Member Address: 43100 Cook St., #104, Palm Desert, CA 92211
  • Listing Office Address: 43100 Cook St., #104, Palm Desert, CA 92211
  • Listing Office Fax: (760) 469-4606
  • Selling Member Address: 10620 Treena Street Ste 230, San Diego, CA 92131
  • Selling Office Address: 10620 Treena Street Ste 230, San Diego, CA 92131
  • Land Type: Fee
  • Subdivision: Quail Lakes Racquet Club
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry: Outside
  • Estimated Sq Ft: 998.00

Exterior Features

  • 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: Unassigned, Garage Door Opener
  • Total Covered Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Security: Automatic Gate, Gated Community
  • Sewer: Unknown

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Greenbelt/Park, Tennis Courts, Sport Court, Management, Guest Parking
  • HOA Information: Yes
  • HOA Fee 1: 597.00
  • Total Monthly Association Fees: 597.00
  • Unit Location: Second Floor

Lot Info

  • Assessor Parcel Number: 616211007
  • Lot Size: 0.03

Rental Info

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

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Sep 10, 2024
Sold by
Somogyi Andreas R
Bought by
Flores Eli S and Flores Gracie
Seller's Agent
Repeka Mazmanian
Weichert Realtors-Preferred
Buyer's Agent
Hunter Brooks
eXp Realty Of Southern California Inc
List Price
$269,900
Sold Price
$270,000
Premium/Discount to List
$100
0.04%
Views
80
Current Estimated Value
$285,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,685
Avg. Annual Appreciation
4.55%
Original Mortgage
$265,109
Outstanding Balance
$262,140
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$23,545

Purchase Details

Listed on
Jul 19, 2018
Closed on
Nov 26, 2018
Sold by
Jaimes Angel
Bought by
Somogyi Andreas R
Seller's Agent
Melissa Lerma
Bennion Deville Homes
Buyer's Agent
Repeka Mazmanian
Weichert Realtors-Preferred
List Price
$149,900
Sold Price
$148,500
Premium/Discount to List
-$1,400
-0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%
Original Mortgage
$141,075
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2005
Sold by
Briceno Ricardo
Bought by
James Angel

Purchase Details

Closed on
Feb 20, 2001
Sold by
Rowland Charles J
Bought by
Briceno Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,425
Interest Rate
9.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Flores Eli S $270,000 Lawyers Title
Somogyi Andreas R $148,500 First American Title
James Angel -- --
Briceno Ricardo $58,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Eli S $265,109
Previous Owner Somogyi Andreas R $141,075
Previous Owner Briceno Ricardo $52,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $270,000 +3.9% $271 / Sq Ft
09/22/2024 09/22/24 Pending -- -- --
08/02/2024 08/02/24 Price Changed $259,900 -1.9% $260 / Sq Ft
07/18/2024 07/18/24 Price Changed $264,900 -1.9% $265 / Sq Ft
07/01/2024 07/01/24 For Sale $269,900 +81.8% $270 / Sq Ft
12/14/2018 12/14/18 Sold $148,500 -0.9% $149 / Sq Ft View Prior Sale
11/14/2018 11/14/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $149,900 +0.9% $150 / Sq Ft
10/24/2018 10/24/18 Off Market $148,500 -- --
10/12/2018 10/12/18 Price Changed $149,900 -3.2% $150 / Sq Ft
07/19/2018 07/19/18 For Sale $154,900 -- $155 / 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 $2,716 $270,000 $67,500 $202,500
2023 $2,716 $159,219 $42,886 $116,333
2022 $2,538 $156,098 $42,046 $114,052
2021 $2,434 $153,038 $41,222 $111,816
2020 $2,330 $151,470 $40,800 $110,670
2019 $2,281 $148,500 $40,000 $108,500
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

  • R

    Seller's Agent in 2024

    Repeka Mazmanian

    Weichert Realtors-Preferred

    (760) 668-1865

    1 in this area

    15 Total Sales

    Repeka Mazmanian
    Section Image

  • H

    Buyer's Agent in 2024

    Hunter Brooks

    eXp Realty Of Southern California Inc

    (760) 574-0401

    5 in this area

    14 Total Sales

    Hunter Brooks
    Section Image

  • M

    Seller's Agent in 2018

    Melissa Lerma

    Bennion Deville Homes

  • J

    Seller Co-Listing Agent in 2018

    John Gonnello

    Bennion Deville Homes

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219113676

California Desert Association of REALTORS®

APN: 616-211-007

California Riverside County Indio 92201

48255 Monroe St Unit 7, Indio, CA

Not Listed for Sale

Condos

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