NOT LISTED FOR SALE

48330 Garbo Dr Indio, CA 92201

Estimated Value: $225,000 - $247,000

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

Last Sold March 08, 2019

Last sale price $118,000 $168 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,583/month

5 Days on Market

Highlights

  • Golf Course Community
  • Central Air
  • Carpet
  • In Ground Pool

About This Home

As of March 2019

Back ON the MARKET! Located in Indian Palms, this END unit condo is perfect. Tile flooring throughout and in good condition. Tenant in place and wants to stay. photos were taken before tenant moved in but in near same condition. Good for investor.

Last Agent to Sell the Property

Lea-Perez Fernandez

HomeSmart License #02012043 Listed on: 01/09/2019

Last Buyer's Agent

Carlos Sanchez

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • 871

HOA Fees

  • $188 Monthly HOA Fees

Home Design

  • 704 Sq Ft Home

Kitchen

  • Gas Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Parking Spaces
  • Assigned Parking

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 614264044

Community Details

Overview

  • Indian Palms Subdivision

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa

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
  • Levels: Ground Level, No Unit Above
  • Builders Tract Code: Indian Palms
  • List Price per Sq Ft: 170.45
  • Lp Sp Ratio: 0.9833
  • Year Built: 1981
  • Listing I D: 219001185
  • Listing Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Member Fax: (951) 692-0384
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • Selling Member Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Selling Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Indian Palms
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Gas Range
  • Flooring: Carpet, Laminate
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Estimated Sq Ft: 704.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community

Garage/Parking

  • Parking: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Amenities: Golf Course
  • HOA Information: Yes
  • HOA Fee 1: 188.00
  • Total Monthly Association Fees: 188.00

Lot Info

  • Assessor Parcel Number: 614264044
  • Lot Acres: 0.0200
  • Lot Size: 871.00

Rental Info

  • 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
Jan 9, 2019
Closed on
Jan 22, 2019
Sold by
Tavakoli Robert and Tavakoli Ariana
Bought by
Aceves Patricia
Seller's Agent
Lea-Perez Fernandez
HomeSmart
Buyer's Agent
Carlos Sanchez
List Price
$120,000
Sold Price
$118,000
Premium/Discount to List
-$2,000
-1.67%
Current Estimated Value
$232,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,988
Avg. Annual Appreciation
10.46%
Original Mortgage
$114,460
Outstanding Balance
$100,221
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$132,767

Purchase Details

Closed on
Sep 15, 2014
Sold by
The Majid Family Limited Partnership
Bought by
Robert Tavakoli & Ariana Tavakoli Family

Purchase Details

Closed on
Sep 5, 2008
Sold by
U S Bank Na
Bought by
The Majid Family Lp

Purchase Details

Closed on
Jul 8, 2008
Sold by
Mestas Mary
Bought by
U S Bank Na

Purchase Details

Closed on
May 5, 2005
Sold by
Flores Geraldine
Bought by
Mestas Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,520
Interest Rate
6.65%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 16, 2003
Sold by
Rios Lorena M
Bought by
Flores Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
5.73%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 6, 2002
Sold by
Rodriguez Maria G Ramirez
Bought by
Rios Lorena M

Purchase Details

Closed on
Sep 5, 2001
Sold by
Rios Lorena M
Bought by
Rodriguez Maria G Ramirez

Purchase Details

Closed on
Jul 26, 2000
Sold by
Family T King Jo Ann Trustee & Gommel & King and Turner Jo Ann
Bought by
Rios Lorena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,750
Interest Rate
8.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aceves Patricia $118,000 Old Republic Title
Robert Tavakoli & Ariana Tavakoli Family $86,000 Lawyers Title
The Majid Family Lp $65,000 Ticor Title
U S Bank Na $59,500 Accommodation
Mestas Mary $166,909 Southland Title Corporation
Flores Geraldine $78,500 Fidelity Natl Title Ins Co
Rios Lorena M -- --
Rodriguez Maria G Ramirez -- --
Rios Lorena M $60,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aceves Patricia $114,460
Previous Owner Mestas Mary $133,520
Previous Owner Flores Geraldine $72,250
Previous Owner Rios Lorena M $58,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2019 03/08/19 Sold $118,000 -1.7% $168 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $120,000 -- $170 / 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 $2,120 $131,626 $4,460 $127,166
2023 $2,120 $126,517 $4,288 $122,229
2022 $1,921 $124,037 $4,204 $119,833
2021 $1,800 $121,606 $4,122 $117,484
2020 $1,759 $120,360 $4,080 $116,280
2019 $1,491 $92,652 $18,529 $74,123
2018 $1,470 $90,836 $18,167 $72,669
2017 $1,447 $89,056 $17,811 $71,245
2016 $1,420 $87,311 $17,462 $69,849
2015 $1,381 $86,000 $17,200 $68,800
2014 $1,166 $68,277 $21,008 $47,269
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219001185

California Desert Association of REALTORS®

APN: 614-264-044