NOT LISTED FOR SALE

48640 Gibraltar St Indio, CA 92201

Estimated Value: $667,000 - $787,000

4 Beds
2.5 Baths
2,591 Sq Ft
$279/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $480,000 $185 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,537/month

2 Days on Market

Highlights

  • Heated In Ground Pool
  • Open Floorplan
  • Property is near a park
  • Primary Bedroom Suite
  • Contemporary Architecture
  • Great Room with Fireplace

About This Home

As of August 2020

Wonderful home in Rincon community with 4 bedrooms, 3 bathrooms, and 3-car garage, with no HOA! This home features vaulted ceilings, a spacious living room, and a dramatic staircase which leads to 3 bedrooms upstairs including a great main suite with adjoining retreat, walk-in closet, bathtub, and separate shower. There is also one-bedroom downstairs, for the perfect office or guest retreat! Light and bright kitchen with island, plenty of cabinetry, and breakfast area overlooking an elegant Great room with fireplace. French patio doors lead you the impressive entertainer's yard with private pool, spa, covered patio area lined with fruit trees along the side yard. Perfectly located in the quiet center of Rincon and close to the community park, Coachella Music Festivals, Casinos, Indian Wells Tennis Garden, and a short drive to plenty of shopping and dining on Highway 111.

Last Agent to Sell the Property

Gregory Manns

HomeSmart License #01167143 Listed on: 06/30/2020

HomeSmart

Last Buyer's Agent

Pat Adams

eXp Realty of Southern California, Inc License #02053696

eXp Realty of Southern California, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,559

Year Built

  • Built in 1998

Lot Details

  • 8,276 Sq Ft Lot
  • West Facing Home
  • Block Wall Fence
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Lawn
  • Back and Front Yard

Home Design

  • Contemporary Architecture
  • Stucco Exterior

Interior Spaces

  • 2,591 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Stone Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Ceramic Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 3 Car Direct Access Garage
  • Guest Parking
  • On-Street Parking

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Sewer in Street
  • Cable TV Available

Community Details

  • Rincon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 602040030

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,559

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West
  • Levels: Two
  • Building Number Of Stories: 1
  • Building Style: Contemporary
  • Entry Location: Living Room, Foyer
  • List Price per Sq Ft: 181.01
  • Lp Sp Ratio: 1.0200
  • Year Built: 1998
  • Listing I D: 219045312
  • Listing Member Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Member Fax: (760) 507-3844
  • Listing Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 435 N Palm Canyon Drive, Palm Springs, CA 92262
  • Selling Office Fax: (760) 322-9266
  • Land Type: Fee
  • Subdivision: Rincon
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Convection Oven, Electric Oven, Electric Range
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan
  • Fireplace Features: Stone
  • Flooring: Carpet, Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s)
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Nook, Formal Dining Room
  • Kitchen Features: Ceramic Counters, Island
  • Estimated Sq Ft: 2591.00

Exterior Features

  • Construction: Stucco
  • Fencing: Block
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated
  • 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: On Street, Direct Entrance, Guest
  • Total Covered Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air
  • Sewer: In Street Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 602040030
  • Irrigation: Sprinkler System
  • Lot Acres: 0.1899
  • Lot Description: Back Yard, Utilities Underground, Street Lighting, Street Paved, Lawn, Front Yard, Fenced, Curbs
  • Lot Location: Park Nearby
  • Lot Size: 8276.00

Rental Info

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

Multi Family

  • Total Fireplaces: 2

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Gurusinghe Gavin Rohan and Chagar Rajeni
Bought by
Gurusinghe And Chagar Trust and Gurusinghe
Current Estimated Value
$723,418

Purchase Details

Listed on
Jun 30, 2020
Closed on
Aug 3, 2020
Sold by
The Majid Family Limited Partnership
Bought by
Gurusinghe Gavin and Chagar Rajeni
Seller's Agent
Gregory Manns
HomeSmart
Buyer's Agent
Pat Adams
eXp Realty of Southern California, Inc
List Price
$469,000
Sold Price
$480,000
Premium/Discount to List
$11,000
2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$374,400
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 27, 2015
Closed on
May 25, 2016
Sold by
Cook Gerta and Lala Dhuarata
Bought by
The Majid Family Limited Partnership
Seller's Agent
Gary Farris
HOM Sotheby's International
Buyer's Agent
Unknown Member
List Price
$379,000
Sold Price
$365,000
Premium/Discount to List
-$14,000
-3.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$255,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2012
Sold by
Cook Gerta
Bought by
Cook Gerta and Lala Dhurata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2012
Sold by
Cook Edward L
Bought by
Cook Gerta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2009
Sold by
Rios Massiel
Bought by
Rios Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2009
Sold by
Rios Jose A
Bought by
Cook Edward L and Cook Gerta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2008
Sold by
Rios Massiel
Bought by
Rios Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Rios Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2007
Sold by
Manasse Veronica
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jun 2, 2005
Sold by
Manasse Veronica
Bought by
Monsoor Ann M

Purchase Details

Closed on
Feb 14, 2005
Sold by
Monsoor Ann M
Bought by
Manasse Veronica

Purchase Details

Closed on
Jun 14, 2004
Sold by
Manasse Veronica
Bought by
Monsoor Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2004
Sold by
Shaikh Arif J
Bought by
Manasse Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2000
Sold by
Duckworth Gina
Bought by
Shaikh Arif J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
8.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 1999
Sold by
Oliphant & Williams Associates Inc
Bought by
Duckworth Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,700
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gurusinghe And Chagar Trust -- None Listed On Document
Gurusinghe Gavin $480,000 Chicago Title Company
The Majid Family Limited Partnership $365,000 Lawyers Title Company
Cook Gerta -- First American Title Company
Cook Gerta -- First American Title Company
Rios Jose A -- Stewart Title
Cook Edward L $250,000 Stewart Title
Rios Jose A -- Fidelity National Title Co
Rios Jose A $292,000 Fidelity National Title Co
Deutsche Bank National Trust Co $505,239 Accommodation
Monsoor Ann M -- --
Manasse Veronica -- --
Monsoor Ann M -- Fidelity National Title Co
Manasse Veronica $389,000 Fidelity National Title Co
Shaikh Arif J $250,000 Fidelity National Title Co
Duckworth Gina $176,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gurusinghe Gavin $374,400
Previous Owner The Majid Family Limited Partnership $255,000
Previous Owner Cook Gerta $125,000
Previous Owner Cook Edward L $175,000
Previous Owner Rios Jose A $230,000
Previous Owner Manasse Veronica $311,200
Previous Owner Shaikh Arif J $196,000
Previous Owner Duckworth Gina $140,700
Closed Manasse Veronica $77,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2020 08/06/20 Sold $480,000 +2.3% $185 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $469,000 +28.5% $181 / Sq Ft
07/07/2016 07/07/16 Sold $365,000 -3.7% $141 / Sq Ft View Prior Sale
05/19/2016 05/19/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $379,000 0.0% $146 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
12/27/2015 12/27/15 For Sale $379,000 -- $146 / 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 $8,559 $519,566 $97,418 $422,148
2023 $8,559 $499,392 $93,636 $405,756
2022 $8,184 $489,600 $91,800 $397,800
2021 $7,640 $480,000 $90,000 $390,000
2020 $6,092 $387,339 $96,834 $290,505
2019 $5,962 $379,745 $94,936 $284,809
2018 $5,833 $372,300 $93,075 $279,225
2017 $5,825 $365,000 $91,250 $273,750
2016 $4,351 $272,594 $68,147 $204,447
2015 $4,124 $268,501 $67,124 $201,377
2014 $4,106 $263,243 $65,810 $197,433
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219045312

California Desert Association of REALTORS®

APN: 602-040-030