NOT LISTED FOR SALE

48505 Hepburn Dr Indio, CA 92201

Estimated Value: $621,000 - $819,000

3 Beds
2 Baths
2,096 Sq Ft
$336/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $750,000 $358 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,701/month

9 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • 3 Car Attached Garage
  • In Ground Pool
  • 1 Fireplace
  • Solar owned by seller

About This Home

As of February 2022

Come take a look at this beautiful oasis tucked away inside Indian Palms Country Club. This custom home features an open concept floor plan, epoxy concrete floors throughout the entire house, granite kitchen counter tops, large kitchen island, walk in pantry, wet bar, private pebbletech pool with spa, outdoor built in BBQ island with sink, covered patio, large master bedroom with large walk in closet and en-suite with soak in tub with jets . This house has it all as your private oasis or perfect for entertaining your guests. Conveniently located near grocery stores, restaurants, shopping and just blocks from the Coachella/Riverside County Fairgrounds. This house also has a paid off 40 panel solar system. (Monthly bill averages around $10) This house may be used as a seasonal rental, as well as a vacation rental (Only during the month of April). HOA's are very low. $31 a month and another one that is $400 ANNUALLY

Last Agent to Sell the Property

Anthony Bauer

Coldwell Banker Realty License #01253129 Listed on: 01/10/2022

Coldwell Banker Realty

Last Buyer's Agent

Dan Ruzicka

HomeSmart License #02002671

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,559

Year Built

  • Built in 2002

Lot Details

  • 8,712 Sq Ft Lot
  • Block Wall Fence
  • Sprinkler System

HOA Fees

  • $70 Monthly HOA Fees

Interior Spaces

  • 2,096 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Additional Features

  • Solar owned by seller
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 614300015

Community Details

Overview

  • Indian Palms Subdivision
  • Planned Unit Development

Recreation

  • Golf Course Community

Security

  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,559

Year Built

Built in 2002

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • List Price per Sq Ft: 300.10
  • Lp Sp Ratio: 1.1900
  • Year Built: 2002
  • Listing I D: 219072284
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • 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

  • Flooring: Mixed
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 2096.00

Exterior Features

  • Other Features: Solar System Owned
  • Fencing: Block
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Central
  • Security: 24 Hour Security
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 70.00
  • Total Monthly Association Fees: 70.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 614300015
  • Irrigation: Sprinkler System
  • Lot Size: 8712.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2022
Closed on
Feb 25, 2022
Sold by
Eric Homuth Kevin
Bought by
Homuth Kevin Eric and Homuth Lisa
Seller's Agent
Anthony Bauer
Coldwell Banker Realty
Buyer's Agent
Dan Ruzicka
HomeSmart
List Price
$629,000
Sold Price
$750,000
Premium/Discount to List
$121,000
19.24%
Current Estimated Value
$704,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,311
Avg. Annual Appreciation
-1.69%
Original Mortgage
$450,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2022
Closed on
Jan 26, 2022
Sold by
Wadley Dennis C and Wadley Susan L
Bought by
Holmuth Kevin Eric and Holmuth Lisa
Seller's Agent
Anthony Bauer
Coldwell Banker Realty
Buyer's Agent
Dan Ruzicka
HomeSmart
List Price
$629,000
Sold Price
$750,000
Premium/Discount to List
$121,000
19.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2020
Closed on
Oct 26, 2020
Sold by
Mcgrath James Richard
Bought by
Wadley Dennis C and Wadley Susan L
Seller's Agent
Hernan Mejia
MC & ASSOCIATES
Buyer's Agent
Diane Kohnen
List Price
$385,000
Sold Price
$450,000
Premium/Discount to List
$65,000
16.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.00%
Original Mortgage
$300,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2018
Closed on
Jan 11, 2019
Sold by
Kimsey Christian and Kimsey Theresa M
Bought by
Mcgrath James Richard and Foscarini Phillip Anthony
Seller's Agent
Adele Davis
Beaumont Realty Inc.
Buyer's Agent
CRMLS FILL Agent
CRMLS
List Price
$399,900
Sold Price
$355,000
Premium/Discount to List
-$44,900
-11.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.51%

Purchase Details

Listed on
Dec 3, 2012
Closed on
Feb 15, 2013
Sold by
Kimsey Christian
Bought by
Kimsey Christian and Kimsey Theresa M
Seller's Agent
Jose Espinoza
OZA Realty Inc.
Buyer's Agent
Denise Francis
Coldwell Banker Realty
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$255,192
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 3, 2012
Closed on
Jan 8, 2013
Sold by
Kimsey Theresa Marie
Bought by
Kimsey Christian
Seller's Agent
Jose Espinoza
OZA Realty Inc.
Buyer's Agent
Denise Francis
Coldwell Banker Realty
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,192
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 3, 2012
Closed on
Dec 21, 2012
Sold by
Sventeen Properties Llc
Bought by
Kimsey Christian
Seller's Agent
Jose Espinoza
OZA Realty Inc.
Buyer's Agent
Denise Francis
Coldwell Banker Realty
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,192
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 2012
Sold by
Rhyneer P J and Rhyneer Linda
Bought by
Seventeen Properties Llc

Purchase Details

Closed on
May 11, 2006
Sold by
Rhyneer P J and Rhyneer Linda
Bought by
Rhyneer P J and Rhyneer Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 13, 2001
Sold by
Wollgast Arthur F
Bought by
Rhyneer P J and Rhyneer Linda

Purchase Details

Closed on
Feb 14, 1994
Sold by
Meyers Valance J and Meyers Catherine Y
Bought by
Wollgast Arthur F
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
Homuth Kevin Eric $750,000 Chicago Title
Holmuth Kevin Eric $750,000 Chicago Title
Wadley Dennis C $450,000 Fidelity National Title
Mcgrath James Richard $355,000 Fidelity National Title
Kimsey Christian -- None Available
Kimsey Christian -- Orange Coast Title Of Ca
Kimsey Christian $260,000 Orange Coast Title
Seventeen Properties Llc -- None Available
Rhyneer P J -- Multiple
Rhyneer P J $36,000 First American Title Co
Wollgast Arthur F $26,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holmuth Kevin Eric $450,000
Previous Owner Wadley Dennis C $300,000
Previous Owner Kimsey Christian $255,192
Previous Owner Rhyneer P J $372,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2022 02/07/22 Sold $750,000 +19.2% $358 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $629,000 +39.8% $300 / Sq Ft
11/19/2020 11/19/20 Sold $450,000 +5.9% $215 / Sq Ft View Prior Sale
10/23/2020 10/23/20 Price Changed $425,000 +10.4% $203 / Sq Ft
09/06/2020 09/06/20 For Sale $385,000 +8.5% $184 / Sq Ft
02/19/2019 02/19/19 Sold $355,000 -11.2% $169 / Sq Ft View Prior Sale
01/09/2019 01/09/19 Pending -- -- --
10/24/2018 10/24/18 For Sale $399,900 +53.9% $191 / Sq Ft
01/31/2013 01/31/13 Sold $259,900 0.0% $124 / Sq Ft View Prior Sale
12/03/2012 12/03/12 For Sale $259,900 -- $124 / 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 $10,559 $795,905 $84,896 $711,009
2023 $10,559 $765,000 $81,600 $683,400
2022 $6,438 $459,000 $81,600 $377,400
2021 $6,349 $450,000 $80,000 $370,000
2020 $9,963 $362,100 $19,125 $342,975
2019 $9,023 $286,897 $71,720 $215,177
2018 $8,932 $281,272 $70,315 $210,957
2017 $8,859 $275,758 $68,937 $206,821
2016 $7,306 $270,352 $67,586 $202,766
2015 $7,273 $266,293 $66,572 $199,721
2014 $3,739 $261,078 $65,269 $195,809
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219072284

California Desert Association of REALTORS®

APN: 614-300-015