NOT LISTED FOR SALE

48640 Cascade St Indio, CA 92201

Estimated Value: $1,312,000 - $1,745,824

4 Beds
3.5 Baths
3,308 Sq Ft
$479/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $1,225,000 $370 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $9,952/month

23 Days on Market

Highlights

  • Pebble Pool Finish
  • Gated Community
  • Furnished
  • Primary Bedroom Suite
  • 14,375 Sq Ft lot
  • Great Room with Fireplace

About This Home

As of April 2021

Welcome to the HIGHLY desirable community of Montage at Santa Rosa! Beaming with luxury inside and out, this home is designed for not only the entertainers lifestyle, but it truly feels as though you have your own private resort! A beautiful outdoor oasis features a gorgeous pebble tech salt water pool with an oversized and elevated spa, a custom outdoor fire pit with ample seating and a built in BBQ situated underneath the large covered patio... What a wonderful way to enjoy our perfect desert sunsets or soaking in our desert sun! Need some practice with your putting? Enjoy the top of the line putting green, right in your own private paradise! Many upgrades throughout the interior of the home include and impressive gourmet kitchen and wet bar, stainless steel appliances, a billiard room (can also be a formal dining area or enclosed as a 5th bedroom!), and a large open great room! Boasting at over 3300sf with 4 bedrooms, 3.5 bathrooms, this open floor plan is large yet, comfortably perfect for formal and casual entertaining. Location is everything and this home is located within a mile of the Polo fields, home to Coachella and Stagecoach festivals, or a short distance to dining, shopping, and golf! With no rental restrictions, Cascade is capable and has been generating significant rental income. Great for an investment, a relaxing additional residence or a place to call home! Schedule your showing today... you don't want to miss it!

Last Agent to Sell the Property

Cristen Farnham

Desert Sands Realty License #01743411 Listed on: 04/06/2021

Last Buyer's Agent

Anthony Bauer

Compass License #01253129

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 0.33 Acre Lot
  • West Facing Home
  • Misting System
  • Sprinkler System

HOA Fees

  • $150 Monthly HOA Fees

Interior Spaces

  • 3,308 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Dining Area
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity

Parking

  • 3 Car Attached Garage
  • Driveway

Pool

  • Pebble Pool Finish
  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 602410025

Community Details

Overview

  • Montage At Santa Rosa Subdivision

Recreation

  • Putting Green

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West
  • Levels: One
  • Building Number Of Stories: 1
  • Included In Sale: Furnishings per inventory
  • List Price per Sq Ft: 377.87
  • Lp Sp Ratio: 0.9800
  • Year Built: 2004
  • Listing I D: 219060121
  • Listing Office Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Listing Office Fax: (760) 262-3232
  • Selling Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: Montage at Santa Rosa
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Fireplace Features: Gas Log, Glass Doors
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s)
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Dining Area, Breakfast Nook
  • Kitchen Features: Pantry, Granite Tile Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 3308.00

Exterior Features

  • Other Features: Misting System, Putting Green
  • Built-in BBQ: Gas
  • Patio: Covered, Misters, Concrete Slab
  • Pool: Yes
  • Pool Construction: Pebble
  • Pool Description: In Ground, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • 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: 6.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 150.00
  • Total Monthly Association Fees: 150.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 602410025
  • Irrigation: Sprinkler System
  • Lot Size: 14375.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
Apr 20, 2021
Sold by
Torbati Gilda
Bought by
Torbati Sam
Seller's Agent
Cristen Farnham
Desert Sands Realty
Buyer's Agent
Anthony Bauer
Compass
List Price
$1,250,000
Sold Price
$1,225,000
Premium/Discount to List
-$25,000
-2%
Current Estimated Value
$1,584,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,456
Avg. Annual Appreciation
4.59%
Original Mortgage
$980,000
Outstanding Balance
$884,821
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$626,284

Purchase Details

Listed on
Apr 6, 2021
Closed on
Apr 15, 2021
Sold by
48640 Cascade Llc
Bought by
Shenkman Marc S and Hirsch Dina
Seller's Agent
Cristen Farnham
Desert Sands Realty
Buyer's Agent
Anthony Bauer
Compass
List Price
$1,250,000
Sold Price
$1,225,000
Premium/Discount to List
-$25,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Outstanding Balance
$884,821
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$626,284

Purchase Details

Closed on
Jan 2, 2018
Sold by
Weatherbee Joseph and Weatherbee Nicole
Bought by
48640 Cascade Llc

Purchase Details

Listed on
Aug 30, 2017
Closed on
Sep 26, 2017
Sold by
Waddell Laura and Waddell Kevin
Bought by
Weatherbee Joseph and Weatherbee Nicole
Seller's Agent
Alex Montoya
RE/MAX Platinum Properties
Buyer's Agent
Cristen Farnham
Desert Sands Realty
List Price
$729,000
Sold Price
$725,000
Premium/Discount to List
-$4,000
-0.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$580,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2011
Sold by
Padilla Francisco J and Padilla Maria A
Bought by
Padilla Francisco Javier and Padilla Maria Auxilio

Purchase Details

Closed on
Sep 30, 2004
Sold by
Zaphiro Group Llc
Bought by
Padilla Francisco J and Padilla Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2001
Sold by
Padilla Francisco Javier and Padialla Maria Auxilio
Bought by
Waddell Laura and Waddell Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Torbati Sam -- Lawyers Title
Shenkman Marc S $1,225,000 Lawyers Title
48640 Cascade Llc -- None Available
Weatherbee Joseph $725,000 Lawyers Title Company
Padilla Francisco Javier -- None Available
Padilla Francisco J $533,500 Stewart Title Riverside
Waddell Laura $570,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torbati Sam $980,000
Previous Owner Weatherbee Joseph $580,000
Previous Owner Padilla Francisco J $400,000
Previous Owner Waddell Laura $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2021 04/29/21 Sold $1,225,000 -2.0% $370 / Sq Ft
04/06/2021 04/06/21 For Sale $1,250,000 +72.4% $378 / Sq Ft
10/13/2017 10/13/17 Sold $725,000 -0.5% $219 / Sq Ft View Prior Sale
09/16/2017 09/16/17 Pending -- -- --
08/30/2017 08/30/17 For Sale $729,000 +27.9% $220 / Sq Ft
07/15/2016 07/15/16 Sold $570,000 -0.9% $172 / Sq Ft View Prior Sale
06/04/2016 06/04/16 Pending -- -- --
12/11/2015 12/11/15 For Sale $575,000 0.0% $174 / Sq Ft
06/06/2013 06/06/13 Rented $2,200 0.0% --
06/04/2013 06/04/13 Under Contract -- -- --
04/22/2013 04/22/13 For Rent $2,200 0.0% --
12/10/2012 12/10/12 Rented $2,200 0.0% --
12/10/2012 12/10/12 Under Contract -- -- --
11/26/2012 11/26/12 For Rent $2,200 -- --
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 $18,004 $1,355,976 $395,086 $960,890
2023 $18,004 $1,274,490 $379,746 $894,744
2022 $17,967 $1,249,500 $372,300 $877,200
2021 $11,195 $762,618 $226,724 $535,894
2020 $10,723 $754,800 $224,400 $530,400
2019 $10,497 $739,500 $221,850 $517,650
2018 $10,275 $725,000 $217,500 $507,500
2017 $8,551 $600,000 $171,000 $429,000
2016 $8,635 $627,000 $176,000 $451,000
2015 $7,651 $618,744 $173,245 $445,499
2014 $7,148 $522,000 $146,000 $376,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219060121

California Desert Association of REALTORS®

APN: 602-410-025