NOT LISTED FOR SALE

48675 Gibraltar St Indio, CA 92201

Estimated Value: $719,000 - $731,000

4 Beds
2 Baths
1,756 Sq Ft
$413/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $729,000 $415 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,762/month

14 Days on Market

Highlights

  • Heated In Ground Pool
  • Deck
  • Traditional Architecture
  • Mountain View
  • Vaulted Ceiling
  • Secondary bathroom tub or shower combo

About This Home

As of March 2023

AIRBNB/SHORT TERM VACATION RENTALS ALLOWED!! This charming desert retreat is located in South Indio's highly desirable community of Rincon which is a short distance to Coachella & Stagecoach Festivals. This immaculately maintained 4 bedroom, 2 bath, 1,756 sqft. home with a pool & spa is perfect for entertaining guests or family gatherings. The well-lit & open floor plan includes an updated kitchen with granite countertops & stainless steel appliances with a breakfast nook. This easy to maintain home has tile throughout, no carpet. The great room fireplace is perfect for chilly evenings. The primary bedroom is spacious as is the primary bathroom with a two-sink vanity, glass shower, separate tub and a walk-in closet. The primary bedroom has a slider that opens onto the backyard with pool/spa access, & southwestern mountain views. It is ideal for relaxing & enjoying sunny desert days. The large laundry room with extra storage space leads into the large 3 car garage with newly installed high voltage electric car charger. Please call to schedule a viewing as this home won't last long.

Last Agent to Sell the Property

Brittany Read

Equity Union License #01450471 Listed on: 02/24/2023

Equity Union

Co-Listed By

Michael Read

Equity Union License #02037350

Last Buyer's Agent

Maggie Ding

Compass License #01414326

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,957

Year Built

  • Built in 2000

Lot Details

  • 8,276 Sq Ft Lot
  • Home has East and West Exposure
  • Block Wall Fence
  • Drip System Landscaping
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Lawn
  • Back and Front Yard

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 1,756 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Blinds
  • Sliding Doors
  • Great Room with Fireplace
  • Living Room
  • Dining Area
  • Tile Flooring
  • Mountain Views
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Pool

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

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater

Community Details

  • Rincon Subdivision
  • Community Mailbox

Listing and Financial Details

  • Assessor Parcel Number 602042010

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,957

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East, Leisure Faces West
  • Levels: One
  • Building Number Of Stories: 1
  • Building Style: Traditional
  • Included In Sale: Nothing
  • List Price per Sq Ft: 415.15
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Water District Name: Indio Water Authority
  • Year Built: 2000
  • Co Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing I D: 219091340
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Office Address: 21250 Hawthorne Blvd. Suite 750, Torrance, CA 90503
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Rincon
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Water Line to Refrigerator, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Vaulted Ceiling(s)
  • Fireplace Features: Gas Log, Tile, Glass Doors
  • Flooring: Tile
  • Bedroom Features: Primary Suite
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Shower Over Tub, Shower & Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Dining Area, Breakfast Nook
  • Kitchen Features: Granite Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 1756.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Fencing: Block, Fenced
  • Foundation: Slab
  • Patio: Deck
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, In Ground, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Garage Door Opener
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Security System Owned
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Community Mailbox

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 602042010
  • Irrigation: Drip System, Sprinkler Timer
  • Lot Description: Back Yard, Street Paved, Landscaped, Lawn, Front Yard, Fenced
  • Lot Size: 8276.00

Rental Info

  • Furnished: Unfurnished
  • 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
Feb 24, 2023
Closed on
Mar 8, 2023
Sold by
Fabrikant Jordan
Bought by
Wang Revocable Family Trust
Seller's Agent
Brittany Read
Equity Union
Buyer's Agent
Maggie Ding
Compass
List Price
$729,000
Sold Price
$729,000
Views
24
Current Estimated Value
$703,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,953
Avg. Annual Appreciation
-1.41%

Purchase Details

Listed on
Feb 8, 2021
Closed on
Apr 8, 2021
Sold by
Trim Rachel M
Bought by
Trim Allen
Seller's Agent
Bahareh Kamoei
BBS Brokers Realty
Buyer's Agent
Brittany Read
Equity Union
List Price
$489,000
Sold Price
$510,000
Premium/Discount to List
$21,000
4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.24%
Original Mortgage
$326,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2021
Closed on
Feb 22, 2021
Sold by
Valadez Jesse F
Bought by
Fabrikant Jordan
Seller's Agent
Bahareh Kamoei
BBS Brokers Realty
Buyer's Agent
Brittany Read
Equity Union
List Price
$489,000
Sold Price
$510,000
Premium/Discount to List
$21,000
4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 28, 2016
Closed on
Jan 1, 2017
Sold by
Us Bank Na
Bought by
Valadez Jesse F
Seller's Agent
Suzie Waggoner
HK Lane Real Estate
Buyer's Agent
Brian Ferguson
Keller Williams Realty
List Price
$260,000
Sold Price
$247,000
Premium/Discount to List
-$13,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.34%
Original Mortgage
$242,526
Interest Rate
4.32%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 2016
Sold by
Fournier John
Bought by
Us Bank Na

Purchase Details

Closed on
Jan 26, 2005
Sold by
Fournier John
Bought by
Fournier John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 22, 2003
Sold by
Latta James L and Latta Mary E
Bought by
Fournier John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2001
Sold by
Covert Dennis Joe and Covert Charlotte Justina
Bought by
Latta James L and Latta Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,800
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2000
Sold by
Oliphant & Williams Associates Inc
Bought by
Covert Dennis Joe and Covert Charlotte Justina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,050
Interest Rate
8.2%
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
Wang Revocable Family Trust $729,000 Lawyers Title
Trim Allen -- First American Title Company
Fabrikant Jordan -- First American Title Company
Fabrikant Jordan $510,000 Lawyers Title Company
Valadez Jesse F $247,000 Servicelink Title Company
Us Bank Na $254,150 Accommodation
Fournier John L -- Orange Coast Title Co
Fournier John $260,000 Orange Coast Title Co
Latta James L $221,000 Southland Title Corporation
Covert Dennis Joe $177,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trim Allen $326,250
Previous Owner Valadez Jesse F $257,000
Previous Owner Valadez Jesse F $242,526
Previous Owner Fournier John $350,000
Previous Owner Fournier John L $296,000
Previous Owner Fournier John $189,600
Previous Owner Latta James L $176,800
Previous Owner Covert Dennis Joe $50,000
Previous Owner Covert Dennis Joe $133,050
Closed Covert Dennis Joe $35,450
Closed Fournier John L $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $729,000 0.0% $415 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $729,000 +42.9% $415 / Sq Ft
03/16/2021 03/16/21 Sold $510,000 +4.3% $290 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $489,000 +98.0% $278 / Sq Ft
02/10/2017 02/10/17 Sold $247,000 +5.6% $141 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
12/20/2016 12/20/16 Price Changed $234,000 -10.0% $133 / Sq Ft
12/12/2016 12/12/16 For Sale $260,000 0.0% $148 / Sq Ft
12/07/2016 12/07/16 Pending -- -- --
11/28/2016 11/28/16 For Sale $260,000 -- $148 / 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 $10,957 $758,451 $93,636 $664,815
2023 $10,957 $530,604 $130,050 $400,554
2022 $8,286 $520,200 $127,500 $392,700
2021 $4,837 $264,830 $66,206 $198,624
2020 $4,382 $262,116 $65,528 $196,588
2019 $4,285 $256,978 $64,244 $192,734
2018 $4,187 $251,940 $62,985 $188,955
2017 $4,519 $273,000 $68,000 $205,000
2016 $4,446 $273,000 $68,000 $205,000
2015 $4,155 $264,000 $66,000 $198,000
2014 $3,963 $245,000 $61,000 $184,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219091340

California Desert Association of REALTORS®

APN: 602-042-010