NOT LISTED FOR SALE

48674 Gibraltar St Indio, CA 92201

Estimated Value: $825,000 - $1,037,000

4 Beds
3 Baths
2,108 Sq Ft
$465/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $1,095,000 $519 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $6,558/month

34 Days on Market

Highlights

  • Guest House
  • Gourmet Kitchen
  • Contemporary Architecture
  • Pebble Pool Finish
  • Primary Bedroom Suite
  • Two Way Fireplace

About This Home

As of June 2022

This turnkey furnished home SHINES! A passionate makeover has wrapped. Feels like the backdrop for a modern day ''Palm Springs Weekend'' flick with its cool vibe. The HIGHLY successful vacation rental history cannot be overstated. 4BD, 3BA, 2,108 sq. ft. with gated formal entry. Detached casita holds its own with modernist finishes + dual vanities + double doors to the courtyard. Main house living areas flow effortlessly. Island-style kitchen. Fireplace designed to be enjoyed in both living and dining rooms. Sliders open to the perfect outdoor conversation area under a new pergola. Outdoor kitchen + wet bar with gas barbecue, all new! Smart system by Pentair runs pool + spa. Mini pebble tec surface + multi-colored LED lighting. The long list of 2021 upgrades include paint, flooring, fixtures, and smart-lock system. Landscape improvements: hardscape, sprinklers, premium turf, and pool equipment. Thoughtful + space appropriate plantings are a treat; pink pearl bougainvillea + tropical ''sweet memories.'' They're pool friendly as well! The Rincon community is tucked away off Avenue 50 across from Rancho La Quinta Country Club. The polo grounds and famed musical festivals are a short hop away. West Indio's proximity to neighboring La Quinta is a plus. Rincon homeowners do not pay HOA fees. Very STR friendly. Enjoy it all!

Last Agent to Sell the Property

Brady Sandahl

Keller Williams Luxury Homes License #01416687 Listed on: 05/15/2022

Keller Williams Luxury Homes

Co-Listed By

Cheryll Malesh

Keller Williams Realty License #00638304

Last Buyer's Agent

Neal Nussbaum

HomeSmart License #01872204

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,510

Year Built

  • Built in 1998

Lot Details

  • 8,276 Sq Ft Lot
  • Home has East and West Exposure
  • Wrought Iron Fence
  • Block Wall Fence
  • Level Lot
  • Drip System Landscaping
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Back and Front Yard

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 2,108 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Two Way Fireplace
  • Fireplace With Glass Doors
  • See Through Fireplace
  • Gas Fireplace
  • Shutters
  • Custom Window Coverings
  • Blinds
  • Window Screens
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Utility Room
  • Security System Owned

Kitchen

  • Gourmet Kitchen
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Tile Bathroom Countertop
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Parking

  • 2 Car Direct Access Garage
  • Side by Side Parking
  • Garage Door Opener

Pool

  • Pebble Pool Finish
  • Gunite Pool
  • Outdoor Pool
  • Saltwater Pool
  • Gunite Spa
  • Waterfall Pool Feature
  • Fence Around Pool
  • Pool Tile

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Additional Features

  • Guest House
  • Ground Level

Community Details

  • Rincon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 602040031

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,510

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, Leisure Faces East
  • Levels: One
  • Building Number Of Stories: 1
  • Building Style: Contemporary
  • Casita Features Other: French Doors, dual vanities
  • Entry Location: Ground Level - No Steps
  • Included In Sale: Turnkey Furnished
  • List Price per Sq Ft: 519.45
  • Lp Sp Ratio: 1.0000
  • Year Built: 1998
  • Co Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Co Listing Office Fax: (760) 770-9510
  • Listing I D: 219078818
  • Listing Member Address: 435 N Palm Canyon Drive, Palm Springs, CA 92262
  • Listing Office Address: 435 N Palm Canyon Drive, Palm Springs, CA 92262
  • Listing Office Fax: (760) 322-9266
  • Selling Member Address: 431 S. Palm Canyon Drive, Suite 100 Floor 1, Palm Springs, CA 92262
  • Selling Member Fax: (760) 406-4202
  • Selling Office Address: 431 S. Palm Canyon Drive, Suite 100 Floor 1, Palm Springs, CA 92262
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Rincon
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Electric Oven, Exhaust Fan, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Dining Room, Living Room
  • Interior Amenities: Built-In Features, Recessed Lighting, High Ceilings (9 Ft+)
  • Range Hood: Yes
  • Fireplace Features: See Through, Glass Doors, Gas, Two Way
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Tile Shower, Tile Counters, Shower & Tub, Remodeled
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Quartz Counters, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 2108.00
  • Windows Treatments: Custom Window Covering, Shutters, Blinds, Screens, Mini Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Barbeque Private
  • Other Structures: Guest House/Casita
  • Built-in BBQ: Gas
  • Fencing: Block, Wrought Iron
  • Foundation: Slab
  • Patio: Covered
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: Gunite, Pebble
  • Pool Description: Salt Water, Tile, Fenced
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite
  • Spa Hot Tub Description: Private

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Side By Side, Garage Door Opener, Direct Entrance
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Volt 220: In Laundry
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating: Central
  • Security: Security System Owned
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 602040031
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Description: Back Yard, Yard, Utilities Underground, Private, Sidewalks, Level, Lawn, Front Yard, Fenced, Curbs
  • Lot Size: 8276.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2022
Closed on
May 31, 2022
Sold by
Gurusinghe and Rajeni
Bought by
Rudden Robert and Hoffman Roxanne
Seller's Agent
Brady Sandahl
Keller Williams Luxury Homes
Buyer's Agent
Neal Nussbaum
HomeSmart
List Price
$1,095,000
Sold Price
$1,095,000
Current Estimated Value
$980,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$114,613
Avg. Annual Appreciation
-3.27%
Original Mortgage
$250,000
Outstanding Balance
$237,938
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$742,449

Purchase Details

Closed on
Mar 4, 2021
Sold by
Schram Marnie
Bought by
Gurusinghe Gavin and Chagar Rajeni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2018
Sold by
Schram Frank John and Schram Marnie Louise
Bought by
Schram Marnie

Purchase Details

Listed on
Dec 31, 2015
Closed on
Mar 25, 2016
Sold by
Logan Melissa
Bought by
Logan Robert D
Seller's Agent
John Miller
Bennion Deville Homes
Buyer's Agent
Claudine Messika
Tarbell REALTORS
List Price
$299,000
Sold Price
$289,000
Premium/Discount to List
-$10,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.66%

Purchase Details

Listed on
Dec 31, 2015
Closed on
Mar 21, 2016
Sold by
Logan Robert D and Logan Douglas J
Bought by
The Frank John Schram & Marnie Louise Sc
Seller's Agent
John Miller
Bennion Deville Homes
Buyer's Agent
Claudine Messika
Tarbell REALTORS
List Price
$299,000
Sold Price
$289,000
Premium/Discount to List
-$10,000
-3.34%

Purchase Details

Closed on
Nov 22, 2004
Sold by
Logan Robert D
Bought by
Logan Robert D and Logan Douglas J

Purchase Details

Closed on
Mar 8, 2004
Sold by
Cousins Colleen B
Bought by
Logan Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2002
Sold by
Holum Gary and Cousins Colleen B
Bought by
Cousins Colleen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 1999
Sold by
Oliphant & Williams Associates Inc
Bought by
Holum Gary and Holum Colleen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,539
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
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
Rudden Robert $1,095,000 First American Title
Gurusinghe Gavin $420,000 Orange Coast Title Co
Schram Marnie -- None Available
Logan Robert D -- Equity Title Company
The Frank John Schram & Marnie Louise Sc $289,000 Equity Title Company
Logan Robert D -- --
Logan Robert D $340,000 Orange Coast Title Co
Cousins Colleen B -- Fidelity National Title Ins
Holum Gary $196,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rudden Robert $250,000
Previous Owner Gurusinghe Gavin $336,000
Previous Owner Logan Robert D $268,000
Previous Owner Cousins Colleen B $215,000
Previous Owner Holum Gary $170,539
Closed Logan Robert D $50,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2022 06/28/22 Sold $1,095,000 0.0% $519 / Sq Ft
06/18/2022 06/18/22 Pending -- -- --
05/15/2022 05/15/22 For Sale $1,095,000 +278.9% $519 / Sq Ft
04/12/2016 04/12/16 Sold $289,000 -3.3% $137 / Sq Ft View Prior Sale
03/18/2016 03/18/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $299,000 0.0% $142 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
02/03/2016 02/03/16 Price Changed $299,000 -6.3% $142 / Sq Ft
12/31/2015 12/31/15 For Sale $319,000 0.0% $151 / Sq Ft
12/30/2013 12/30/13 Rented $1,750 0.0% --
11/30/2013 11/30/13 Under Contract -- -- --
11/13/2013 11/13/13 For Rent $1,750 +75.0% --
04/01/2013 04/01/13 Rented $1,000 -42.9% --
04/01/2013 04/01/13 For Rent $1,750 +2.9% --
02/13/2012 02/13/12 Rented $1,700 -2.9% --
02/10/2012 02/10/12 Under Contract -- -- --
01/03/2012 01/03/12 For Rent $1,750 -- --
Source: Greater Palm Springs Multiple Listing Service

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 $16,510 $1,162,021 $290,770 $871,251
2023 $16,510 $1,116,900 $279,480 $837,420
2022 $7,332 $428,400 $91,800 $336,600
2021 $5,308 $316,060 $79,014 $237,046
2020 $4,944 $312,820 $78,204 $234,616
2019 $4,836 $306,687 $76,671 $230,016
2018 $4,725 $300,674 $75,168 $225,506
2017 $4,714 $294,780 $73,695 $221,085
2016 $4,780 $306,000 $76,000 $230,000
2015 $4,481 $297,000 $74,000 $223,000
2014 $4,217 $272,000 $68,000 $204,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219078818

Greater Palm Springs Multiple Listing Service

APN: 602-040-031