NOT LISTED FOR SALE

48735 Gibraltar St Indio, CA 92201

Estimated Value: $588,000 - $744,000

4 Beds
3 Baths
2,591 Sq Ft
$263/Sq Ft Est. Value

Last Sold March 28, 2012

Last sale price $215,000 $83 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $3,964/month

10 Days on Market

About This Home

As of March 2012

This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage Finance and HomePath Renovation Mortgage Financing. Eligibility restrictions apply. If buyer intends to occupy property you must include Owner Occupant Certification Form signed by buyers with initial offer.

Last Agent to Sell the Property

John Uselton

HK Lane Real Estate License #01505724 Listed on: 01/17/2012

Co-Listed By

Amy Moore

HK Lane Real Estate License #01883271

Last Buyer's Agent

Raquel Davalos

RE/MAX Consultants

RE/MAX Consultants

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 9,486

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 2,591 Sq Ft Home
  • 2-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 9,486 Sq Ft Lot
  • Central Air

Community Details

  • Rincon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 602052004

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Two
  • Builders Tract Code: Rincon
  • List Price per Sq Ft: 92.55
  • Lp Sp Ratio: 0.8966
  • Year Built: 2000
  • Co Listing Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Co Listing Office Fax: (760) 834-7575
  • Listing I D: 21445926
  • Listing Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Listing Office Fax: (760) 834-7575
  • Selling Office Address: 44200 Town Center Way, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: Rincon
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 2591.00

Exterior Features

  • Roofing: Concrete, Tile

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Sewer: In, Connected and Paid

Lot Info

  • Assessor Parcel Number: 602052004
  • Lot Acres: 0.2200
  • Lot Size: 9486.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2012
Closed on
Mar 15, 2012
Sold by
Fannie Mae
Bought by
Lojero Gabriel
Seller's Agent
John Uselton
HK Lane Real Estate
Buyer's Agent
Raquel Davalos
RE/MAX Consultants
List Price
$239,800
Sold Price
$215,000
Premium/Discount to List
-$24,800
-10.34%
Current Estimated Value
$681,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,957
Avg. Annual Appreciation
8.70%
Original Mortgage
$209,070
Outstanding Balance
$143,411
Interest Rate
3.84%
Mortgage Type
FHA
Estimated Equity
$538,546

Purchase Details

Closed on
Dec 15, 2011
Sold by
Cross Jeffrey S and Cross Maria A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 13, 2007
Sold by
Hsbc Bank Usa Na
Bought by
Cross Jeffrey S and Cross Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,655
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2007
Sold by
Castillo Marco A
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
May 23, 2006
Sold by
Castillo Marco A
Bought by
Vergara Monica

Purchase Details

Closed on
Apr 23, 2003
Sold by
Fairchild Jonathan
Bought by
Castillo Marco A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 1999
Sold by
Oliphant & Williams Associates Inc
Bought by
Fairchild Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lojero Gabriel $215,000 Old Republic Title Company
Lojero Gabriel -- Old Republic Title Company
Federal National Mortgage Association $353,097 Landsafe Title
Cross Jeffrey S $345,000 First American Title Ins Co
Hsbc Bank Usa Na $423,000 Landsafe Title
Vergara Monica -- None Available
Castillo Marco A $285,000 Stewart Title Of Ca Inc
Fairchild Jonathan $201,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lojero Gabriel $209,070
Previous Owner Cross Jeffrey S $327,655
Previous Owner Castillo Marco A $256,500
Previous Owner Fairchild Jonathan $61,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2012 03/28/12 Sold $215,000 -10.3% $83 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
01/17/2012 01/17/12 For Sale $239,800 -- $93 / 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 $5,190 $281,874 $67,505 $214,369
2023 $5,190 $270,931 $64,885 $206,046
2022 $4,961 $265,619 $63,613 $202,006
2021 $4,701 $260,412 $62,366 $198,046
2020 $4,344 $257,743 $61,727 $196,016
2019 $4,239 $252,690 $60,517 $192,173
2018 $4,126 $247,736 $59,331 $188,405
2017 $4,113 $242,879 $58,168 $184,711
2016 $3,873 $228,118 $57,028 $171,090
2015 $3,669 $224,693 $56,172 $168,521
2014 $3,652 $220,294 $55,073 $165,221
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21445926

California Desert Association of REALTORS®

APN: 602-052-004