NOT LISTED FOR SALE

48713 Spring Rain Ct Indio, CA 92201

Estimated Value: $1,239,000 - $1,382,000

4 Beds
3 Baths
2,667 Sq Ft
$486/Sq Ft Est. Value

Last Sold October 17, 2023

Last sale price $1,225,000 $459 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,408/month

85 Days on Market

Highlights

  • Pebble Pool Finish
  • Gated Community
  • Mountain View
  • Two Primary Bedrooms
  • Two Primary Bathrooms
  • Tuscan Architecture

About This Home

As of October 2023

Great Investment opportunity!This rare find is located at the end of a cul-de-sac on a huge pie shaped lot with a side yard big enough for a detached casita and/or a 3rd car garage casita as others have done.The home has TWO master bedrooms, huge pool, Spa, comes fully furnished with lots of outdoor games to attract guests.Montage at Santa Rosa homes produce the most income as short term rentals in the Coachella Valley. Usually HOA means NO short term rentals, but the Montage HOA allows short term rentals and they are protected by the HOA. It's just walking distance to the famous Coachella Polo Grounds, so Stagecoach and Coachella guests prefer to stay here since they can just walk to the festivals.

Last Agent to Sell the Property

Michael Smith

Vacaystay Real Estate License #02119749 Listed on: 07/11/2023

Last Buyer's Agent

Damian Costello

HomeSmart License #01970079

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,926

Year Built

  • Built in 2004

Lot Details

  • 0.3 Acre Lot
  • Sprinklers on Timer

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Tuscan Architecture

Interior Spaces

  • 2,667 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Fireplace With Glass Doors
  • French Doors
  • Family Room with Fireplace
  • Tile Flooring
  • Mountain Views

Kitchen

  • Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Two Primary Bathrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

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

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 602420031

Community Details

Overview

  • Montage At Santa Rosa Subdivision

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,926

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
  • Levels: Ground
  • Building Number Of Stories: 1
  • Building Style: Tuscan
  • Included In Sale: All furniture
  • List Price per Sq Ft: 487.44
  • Lp Sp Ratio: 0.9400
  • View Type: Mountain(s)
  • Year Built: 2004
  • Listing I D: 219097367
  • Listing Member Address: 78115 Calle Estado Ste 203, La Quinta, CA 92253
  • Listing Office Address: 78115 Calle Estado Ste 203, La Quinta, CA 92253
  • Listing Office Fax: (760) 777-6615
  • Selling Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Montage at Santa Rosa
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Convection Oven, Gas Oven, Gas Range, Water Line to Refrigerator, Washer, Refrigerator, Gas Dryer Hookup, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Fireplace Features: Glass Doors
  • Flooring: Tile, Spanish Tile
  • Bedroom Features: 2 Master Bedrooms
  • Total Bedrooms: 4
  • Bathroom Features: 2 Master Baths
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Kitchen Island
  • Estimated Sq Ft: 2667.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground, Pebble
  • Pool Description: In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener, Driveway
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: Gated Community
  • Sewer: In Street Paid
  • Water: In Street
  • Water Heater Feature: Gas

Association/Amenities

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

Condo/Co-op/Association

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

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 602420031
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Size: 13068.00

Rental Info

  • Furnished: Furnished
  • 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
Jul 11, 2023
Closed on
Oct 6, 2023
Sold by
Metheny John
Bought by
Amtoun Almahdi
Seller's Agent
Michael Smith
Vacaystay Real Estate
Buyer's Agent
Damian Costello
HomeSmart
List Price
$1,600,000
Sold Price
$1,225,000
Premium/Discount to List
-$375,000
-23.44%
Views
65
Current Estimated Value
$1,295,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,378
Avg. Annual Appreciation
2.86%

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jul 9, 2021
Sold by
Tang David and Tang Jitreamas
Bought by
Metheny John
Seller's Agent
Michael Smith
OZA Realty Inc.
Buyer's Agent
Michael Smith
Vacaystay Real Estate
List Price
$1,450,000
Sold Price
$1,450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.51%
Original Mortgage
$1,087,500
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 26, 2021
Sold by
Tang Stephen and Tang Douglas Kimberly
Bought by
Tang David and Tang Jitramas
Seller's Agent
Michael Smith
OZA Realty Inc.
Buyer's Agent
Michael Smith
Vacaystay Real Estate
List Price
$1,450,000
Sold Price
$1,450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,500
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 26, 2019
Closed on
Aug 22, 2019
Sold by
Stuart Joseph Woodward
Bought by
Tang Stephen and Tang Douglas Kimberly
Seller's Agent
Kaitlyn Stuart
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Alicia Zendejas
Bennion Deville Homes
List Price
$699,900
Sold Price
$660,000
Premium/Discount to List
-$39,900
-5.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.67%
Original Mortgage
$484,350
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2017
Closed on
Jul 26, 2017
Sold by
Beyers William A and Cooper Beyers Debra J
Bought by
Stuart Joseph Woodward
Seller's Agent
Angela Maciel-Gibbons
BPO Homes
Buyer's Agent
Unknown Member
List Price
$580,000
Sold Price
$580,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%

Purchase Details

Closed on
Jul 29, 2015
Sold by
Dunlop James and Dunlop Helen
Bought by
Beyers William A and Cooper Beyers Debra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2008
Sold by
Dunlop James L and Dunlop Helen J
Bought by
Dunlop James and Dunlop Helen

Purchase Details

Closed on
Mar 25, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Dunlop James and Dunlop Helen

Purchase Details

Closed on
May 22, 2007
Sold by
Saluto Denise
Bought by
Deutsche Bank National Trust Co and First Franklin Mortgage Loan Trust 2006-

Purchase Details

Closed on
May 21, 2007
Sold by
Saluto Denise
Bought by
Deutsche Bank National Trust Co and First Franklin Mortgage Loan Trust 2006-

Purchase Details

Closed on
Feb 23, 2007
Sold by
Atistar Mortgage Solutions Llc
Bought by
Snj Properties Llc

Purchase Details

Closed on
Nov 1, 2006
Sold by
Snj Properties Llc
Bought by
Atistar Mortgage Solutions Llc

Purchase Details

Closed on
Apr 28, 2006
Sold by
Saluto Denise
Bought by
Snj Properties Llc

Purchase Details

Closed on
Nov 2, 2005
Sold by
Simo Jose P and Simo Carmelita P
Bought by
Saluto Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
6.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 4, 2004
Sold by
Zaphiro Group Llc
Bought by
Simo Jose P and Simo Carmelita P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,275
Interest Rate
6.8%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Amtoun Almahdi $1,225,000 None Listed On Document
Metheny John $1,450,000 Fidelity National Title Co
Tang David $289,227 None Available
Tang Stephen $660,000 Orange Coast Title Company
Stuart Joseph Woodward -- Orange Coast Title Company
Stuart Joseph Woodward $580,000 Equity Title Company
Beyers William A $549,000 Equity Title
Dunlop James -- None Available
Dunlop James $480,000 First American Title Ins Co
Deutsche Bank National Trust Co $605,946 None Available
Deutsche Bank National Trust Co $605,946 Accommodation
Snj Properties Llc -- None Available
Atistar Mortgage Solutions Llc -- Financial Title Company La
Snj Properties Llc -- None Available
Saluto Denise $720,000 Stewart Title Company
Simo Jose P $495,500 Stewart Title Riverside
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Metheny John $1,087,500
Previous Owner Tang Stephen $484,350
Previous Owner Beyers William A $411,750
Previous Owner Saluto Denise $576,000
Previous Owner Simo Jose P $396,275
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2023 10/17/23 Sold $1,225,000 -5.8% $459 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/26/2023 09/26/23 Price Changed $1,300,000 -11.9% $487 / Sq Ft
08/11/2023 08/11/23 Price Changed $1,475,000 -1.7% $553 / Sq Ft
08/02/2023 08/02/23 Price Changed $1,500,000 -6.3% $562 / Sq Ft
07/11/2023 07/11/23 For Sale $1,600,000 +10.3% $600 / Sq Ft
08/19/2021 08/19/21 Sold $1,450,000 0.0% $544 / Sq Ft View Prior Sale
04/30/2021 04/30/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $1,450,000 +119.7% $544 / Sq Ft
09/20/2019 09/20/19 Sold $660,000 -5.7% $247 / Sq Ft View Prior Sale
08/20/2019 08/20/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $699,900 +20.7% $262 / Sq Ft
08/07/2017 08/07/17 Sold $580,000 0.0% $217 / Sq Ft View Prior Sale
07/22/2017 07/22/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $580,000 +5.6% $217 / Sq Ft
09/29/2015 09/29/15 Sold $549,000 0.0% $206 / Sq Ft View Prior Sale
08/29/2015 08/29/15 Pending -- -- --
06/16/2015 06/16/15 Off Market $549,000 -- --
05/08/2015 05/08/15 For Sale $549,000 0.0% $206 / Sq Ft
04/10/2015 04/10/15 For Sale $549,000 -- $206 / 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 $16,926 $1,249,499 $374,851 $874,648
2023 $16,926 $1,478,999 $443,701 $1,035,298
2022 $19,996 $1,450,000 $435,001 $1,014,999
2021 $9,744 $666,837 $57,590 $609,247
2020 $9,195 $660,000 $57,000 $603,000
2019 $8,302 $591,600 $177,480 $414,120
2018 $8,133 $580,000 $174,000 $406,000
2017 $7,921 $559,980 $151,980 $408,000
2016 $7,632 $549,000 $149,000 $400,000
2015 $7,512 $558,877 $157,374 $401,503
2014 $6,372 $461,000 $130,000 $331,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Michael Smith

    Vacaystay Real Estate

    (760) 777-6622

    20 in this area

    28 Total Sales

    Michael Smith
    Section Image

  • D

    Buyer's Agent in 2023

    Damian Costello

    HomeSmart

    Section Image

  • K

    Seller's Agent in 2019

    Kaitlyn Stuart

    Berkshire Hathaway HomeServices California Properties

    (760) 464-9603

    Kaitlyn Stuart
    Section Image

  • A

    Buyer's Agent in 2019

    Alicia Zendejas

    Bennion Deville Homes

  • Angela Maciel-Gibbons

    Seller's Agent in 2017

    Angela Maciel-Gibbons

    BPO Homes

    (760) 880-8568

    55 in this area

    139 Total Sales

    Angela Maciel-Gibbons
    Section Image

  • U

    Buyer's Agent in 2017

    Unknown Member

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219097367

California Desert Association of REALTORS®

APN: 602-420-031

California Riverside County Indio 92201

48713 Spring Rain Ct, Indio, CA

This home is located at 48713 Spring Rain Ct, Indio, CA 92201 since 11 July 2023 and is currently estimated at $1,295,378, approximately $485 per square foot. This property was built in 2004. 48713 Spring Rain Ct is a home located in Riverside County with nearby schools including Mountain Vista Elementary School, Cahuilla Desert Academy Junior High, and Coachella Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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