NOT LISTED FOR SALE

48692 Pear St Indio, CA 92201

Estimated Value: $1,199,000 - $1,363,000

6 Beds
4.5 Baths
2,995 Sq Ft
$431/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $1,425,000 $476 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $8,414/month

47 Days on Market

Highlights

  • Pebble Pool Finish
  • Gated Community
  • 13,939 Sq Ft lot
  • Casita
  • Peek-A-Boo Views
  • Vaulted Ceiling

About This Home

As of September 2023

Welcome to The Orchard!!! Bringing you a one-of-a-kind home in this highly desired neighborhood. This Residence 2 plan with 6 bedrooms, 4.5 bathrooms has been meticulously renovated. Wide plank wood tile throughout, quartz and granite countertops throughout, 8 ft. doors, 10 ft. ceilings, updated cabinets, 5 1/2-inch baseboards, built in fireplace, air-conditioned garage and so much more. No detail was overlooked. The backyard oasis is an amazing outdoor space, perfect for entertaining and comes equipped with an outdoor BBQ, large group gathering spaces, Pergola covered patio, fire pit, and newer pool and spa. The Orchard is approved for 5 short term rentals per year during the festivals. This is an income producing property (income statement in documents) and will be perfect for someone looking to use as a primary or secondary residence with the ability to rent during festival season. Also comes Fully Furnished

Last Agent to Sell the Property

Paige Maccio-Smith

Compass License #01956853 Listed on: 07/13/2023

Co-Listed By

Richard MacMillan

HomeSmart License #01183445

Last Buyer's Agent

Michael Ahumada

RE/MAX Select One License #01824525

RE/MAX Select One

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 0.32 Acre Lot
  • Block Wall Fence
  • Drip System Landscaping
  • Sprinklers on Timer

HOA Fees

  • $180 Monthly HOA Fees

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,995 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Gas Fireplace
  • Awning
  • Shutters
  • Blinds
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Instant Hot Water

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

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

Outdoor Features

  • Covered Patio or Porch
  • Fireplace in Patio
  • Fire Pit
  • Casita
  • Built-In Barbecue

Location

  • Ground Level

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Property is located within a water district
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 602440002

Community Details

Overview

  • The Orchard Subdivision
  • On-Site Maintenance
  • Greenbelt

Amenities

  • Community Mailbox

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0.32 Acres

HOA Fees

$180 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground
  • Building Number Of Stories: 2
  • Building Style: Mediterranean
  • Included In Sale: Furnished
  • List Price per Sq Ft: 484.14
  • Lp Sp Ratio: 0.9800
  • View Type: Mountain(s), Peek-A-Boo
  • Water District Name: CVWD
  • Year Built: 2005
  • Co Listing Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Co Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Co Listing Office Fax: (760) 844-7550
  • Listing I D: 219097659
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Office Address: 30190 Town Center Dr., Ste. D, Laguna Niguel, CA 92677
  • Land Type: Fee
  • Subdivision: The Orchard
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave Oven, Electric Oven, Washer, Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Living Room, Patio
  • Interior Amenities: Vaulted Ceiling(s)
  • Range Hood: Yes
  • Fireplace Features: Fire Pit, Electric, Gas
  • Flooring: Carpet, Tile
  • Total Bedrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar, Formal Dining Room
  • Kitchen Features: Granite Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 2995.00
  • Windows Treatments: Blinds, Shutters

Exterior Features

  • Roofing: Tile
  • Built-in BBQ: Gas
  • Fencing: Block
  • Foundation: Slab
  • Patio: Awning(s), Concrete Slab, Covered
  • Pool: Yes
  • Pool Construction: In Ground, Pebble
  • Pool Description: Salt Water, Private, In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • Spa Hot Tub Description: Heated, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener, Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 8.00
  • Total Uncovered Assigned Spaces: 6.00

Utilities

  • Volt 220: 220V Throughout
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central, Zoned
  • Heating Fuel: Natural Gas
  • Security: Card/Code Access, Gated Community, Community
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas, Tankless, Instant Hot Water

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Controlled Access, Maintenance Grounds, Greenbelt/Park
  • HOA Information: Yes
  • HOA Fee 1: 180.00
  • Total Monthly Association Fees: 180.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 602440002
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Description: Fenced
  • Lot Size: 13939.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes
  • 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
Jul 13, 2023
Closed on
Aug 8, 2023
Sold by
Elliott Family Trust
Bought by
Holladay Family Trust and Holladay
Seller's Agent
Paige Maccio-Smith
Compass
Buyer's Agent
Michael Ahumada
RE/MAX Select One
List Price
$1,450,000
Sold Price
$1,425,000
Premium/Discount to List
-$25,000
-1.72%
Views
34
Current Estimated Value
$1,291,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$133,055
Avg. Annual Appreciation
-3.91%
Original Mortgage
$997,500
Outstanding Balance
$974,643
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$317,302

Purchase Details

Listed on
May 2, 2019
Closed on
Jul 8, 2019
Sold by
Cruz Guillermo Martinez
Bought by
Martinez Cruz Guillermo and Martinez Irene Rojas
Seller's Agent
Kimberly Oleson
Coldwell Banker Realty
Buyer's Agent
Paige Maccio-Smith
HomeSmart Professionals
List Price
$590,999
Sold Price
$565,000
Premium/Discount to List
-$25,999
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.17%
Original Mortgage
$143,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 2, 2019
Closed on
Jun 25, 2019
Sold by
Castillo Matthew and Castillo Crissy
Bought by
Chesser Peggie Elliott and Elliott Family Trust
Seller's Agent
Kimberly Oleson
Coldwell Banker Realty
Buyer's Agent
Paige Maccio-Smith
HomeSmart Professionals
List Price
$590,999
Sold Price
$565,000
Premium/Discount to List
-$25,999
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2014
Closed on
Mar 13, 2014
Sold by
Grimes Robert N
Bought by
Castillo Matthew and Castillo Crissy
Seller's Agent
Guy Grimes
Guy Grimes R.E. Services
Buyer's Agent
Yasmin Tobey
Ronald Christopher & Assoc.
List Price
$429,000
Sold Price
$429,900
Premium/Discount to List
$900
0.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$408,405
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2007
Sold by
Grimes Robert
Bought by
Grimes Robert N

Purchase Details

Closed on
Dec 2, 2004
Sold by
The Orchard Housing Group Llc
Bought by
Grimes Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization
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
Holladay Family Trust $1,425,000 None Listed On Document
Martinez Cruz Guillermo -- First American Title
Chesser Peggie Elliott $565,000 First American Title Co
Castillo Matthew $430,000 First American Title Company
Grimes Robert N -- None Available
Grimes Robert $610,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holladay Family Trust $997,500
Previous Owner Martinez Cruz Guillermo $143,000
Previous Owner Castillo Matthew $408,405
Previous Owner Grimes Robert $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2023 09/01/23 Sold $1,425,000 -1.7% $476 / Sq Ft
07/13/2023 07/13/23 For Sale $1,450,000 +156.6% $484 / Sq Ft
07/19/2019 07/19/19 Sold $565,000 -3.4% $189 / Sq Ft View Prior Sale
06/20/2019 06/20/19 Pending -- -- --
06/06/2019 06/06/19 Price Changed $585,000 -1.0% $195 / Sq Ft
05/02/2019 05/02/19 For Sale $590,999 +37.5% $197 / Sq Ft
04/17/2014 04/17/14 Sold $429,900 +0.2% $155 / Sq Ft View Prior Sale
03/05/2014 03/05/14 For Sale $429,000 -- $155 / Sq Ft
Source: California Desert Association of REALTORS®

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 $19,190 $1,427,999 $428,401 $999,598
2023 $19,190 $640,731 $178,174 $462,557
2022 $9,318 $628,169 $174,681 $453,488
2021 $8,834 $615,853 $171,256 $444,597
2020 $7,873 $565,000 $169,500 $395,500
2019 $6,583 $472,528 $141,757 $330,771
2018 $6,443 $463,264 $138,979 $324,285
2017 $6,445 $454,181 $136,254 $317,927
2016 $6,207 $445,277 $133,583 $311,694
2015 $5,903 $438,590 $131,577 $307,013
2014 $5,480 $392,000 $110,000 $282,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219097659

California Desert Association of REALTORS®

APN: 602-440-002

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