NOT LISTED FOR SALE

48312 Garbo Dr Indio, CA 92201

Estimated Value: $227,815 - $247,000

2 Beds
1 Bath
704 Sq Ft
$188/mo HOA Fee

Last Sold January 23, 2020

Last sale price $129,900 $185 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,623/month

58 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Spanish Architecture
  • In Ground Pool
  • Clubhouse
  • Tennis Courts

About This Home

As of January 2020

Incredible investment opportunity. Clean 2 bdrm condo in Indian Palms CC. Ready for immediate move in!

Last Agent to Sell the Property

Amie Arbid

Power Brokers License #01280377 Listed on: 10/08/2019

Last Buyer's Agent

Kara Moscato

Desert Elite Properties, Inc. License #01823565

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • 871

HOA Fees

Home Design

  • Spanish Architecture

Interior Spaces

  • 704 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • 1 Assigned Parking Space

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Spa
  • Gunite Pool

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 614264042

Community Details

Overview

  • Association fees include building & grounds, clubhouse
  • Indian Palms Subdivision
  • Greenbelt
  • Planned Unit Development

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Ground Level, No Unit Above, One
  • Builders Tract Code: Indian Palms
  • Building Style: Spanish
  • List Price per Sq Ft: 184.52
  • Lp Sp Ratio: 1.0000
  • Year Built: 1981
  • Listing I D: 219031394
  • Listing Office Address: 9100 Wilshire Blvd.Suite 725 E, Beverly Hills, CA 90212
  • Listing Office Fax: (760) 269-3560
  • Selling Member Address: 75280 Highway 111, Ste. 99, Indian Wells, CA 92210
  • Selling Office Address: 75280 Highway 111, Ste. 99, Indian Wells, CA 92210
  • Land Type: Fee
  • Subdivision: Indian Palms
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Estimated Sq Ft: 704.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, Gunite, In Ground
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Community

Garage/Parking

  • Parking: Assigned
  • Total Parking Spaces: 1.00
  • Total Uncovered Assigned Spaces: 1.00

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Central
  • Security: Gated Community
  • Sewer: Unknown

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules, Call
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Clubhouse
  • Association Amenities: Clubhouse, Golf Course, Greenbelt/Park, Pet Rules, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 158.00
  • HOA Fee 2: 30.00
  • Total Monthly Association Fees: 188.00
  • Unit Location: Ground Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 614264042
  • Lot Acres: 0.0200
  • Lot Size: 871.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
Dec 19, 2019
Sold by
Ypn Holdings Inc
Bought by
Montigny Richard and Montigny Nancy
Seller's Agent
Amie Arbid
Power Brokers
Buyer's Agent
Kara Moscato
Desert Elite Properties, Inc.
List Price
$129,900
Sold Price
$129,900
Current Estimated Value
$236,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,054
Avg. Annual Appreciation
10.60%
Original Mortgage
$103,920
Outstanding Balance
$91,853
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$143,796

Purchase Details

Listed on
Nov 16, 2011
Closed on
Jan 17, 2012
Sold by
The Bank Of New York Mellon
Bought by
Ynp Holdings Inc
Seller's Agent
Jesus Martinez
Coldwell Banker Realty
Buyer's Agent
David Colin
Coldwell Banker Residential Brokerage
List Price
$36,800
Sold Price
$35,000
Premium/Discount to List
-$1,800
-4.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.91%

Purchase Details

Closed on
Oct 17, 2011
Sold by
Adame Ruben and Meza Joanna E Adame
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Dec 15, 2010
Sold by
Adame Ruben and Meza Joanna E Adame
Bought by
Indian Palms Country Club Homeowners Ass

Purchase Details

Closed on
Jul 15, 2005
Sold by
Page Michael
Bought by
Page Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,680
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 1996
Sold by
Household Finance Corp Of California
Bought by
Curatolo Stanley and Curatolo Rose Ann

Purchase Details

Closed on
Jun 28, 1994
Sold by
Fgb Realty Advisors Inc
Bought by
Fgb Realty Advisors Inc
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
Montigny Richard $130,000 Orange Coast Ttl Co Of Socal
Ynp Holdings Inc $35,000 Stewart Title Rv
The Bank Of New York Mellon $39,150 Landsafe Title
Indian Palms Country Club Homeowners Ass $12,499 None Available
Page Bonnie -- Commerce Title
Adame Ruben $167,500 Commerce Title
Curatolo Stanley $20,000 --
Fgb Realty Advisors Inc $28,800 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montigny Richard $103,920
Previous Owner Adame Ruben $133,680
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2020 01/23/20 Sold $129,900 0.0% $185 / Sq Ft
12/05/2019 12/05/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $129,900 +271.1% $185 / Sq Ft
02/10/2012 02/10/12 Sold $35,000 +0.3% $50 / Sq Ft View Prior Sale
01/18/2012 01/18/12 Pending -- -- --
12/14/2011 12/14/11 Price Changed $34,900 -5.2% $50 / Sq Ft
11/16/2011 11/16/11 For Sale $36,800 -- $52 / 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 $2,315 $142,059 $4,372 $137,687
2023 $2,315 $136,545 $4,203 $132,342
2022 $2,114 $133,869 $4,121 $129,748
2021 $2,063 $131,245 $4,041 $127,204
2020 $872 $40,187 $11,480 $28,707
2019 $845 $39,400 $11,255 $28,145
2018 $836 $38,629 $11,035 $27,594
2017 $826 $37,872 $10,819 $27,053
2016 $815 $37,130 $10,607 $26,523
2015 $773 $36,575 $10,449 $26,126
2014 $766 $35,861 $10,246 $25,615
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Amie Arbid

    Power Brokers

  • K

    Buyer's Agent in 2020

    Kara Moscato

    Desert Elite Properties, Inc.

    (760) 670-9703

    3 in this area

    91 Total Sales

    Kara Moscato
    Section Image

  • J

    Seller's Agent in 2012

    Jesus Martinez

    Coldwell Banker Realty

  • D

    Buyer's Agent in 2012

    David Colin

    Coldwell Banker Residential Brokerage

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219031394

California Desert Association of REALTORS®

APN: 614-264-042

California Riverside County Indio 92201

48312 Garbo Dr, Indio, CA

Not Listed for Sale

Condos

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