NOT LISTED FOR SALE

48758 Spring Rain Ct Indio, CA 92201

Estimated Value: $1,228,000 - $1,531,000

4 Beds
3.5 Baths
3,308 Sq Ft
$436/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $810,000 $245 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $8,874/month

18 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • 3 Car Attached Garage
  • In Ground Pool
  • Pool View
  • Controlled Access

About This Home

As of September 2019

Stunning Montage At Santa Rosa home! Only one available Italian Stack Stone Model. Never rented original owners meticulously kept. Over 75K in outdoor upgrades Bar with running water electric TV and BBQ Grill. Pool and Spa with outdoor shower are the main focal point. Available space to park up to 10 cars with garage pass through! Excellent vacation Rental no restrictions. This home has beautiful finishes throughout from the upgraded flooring, custom interior paint, plantation wood shutters, Wine room with Cooler. Gourmet kitchen is a chefs dream with ample room, beautiful dramatic granite counter tops. Formal dining may be converted into a 5th bedroom! Beautifully landscaped courtyard with water feature gorgeous Tuscan exterior. Great for entertaining, great space to just relax, enjoy family holidays. Excellent Investment property walk to Coachella Fest and StageCoach Events!!

Last Agent to Sell the Property

Angela Maciel-Gibbons

BPO Homes License #01735647 Listed on: 07/25/2019

Last Buyer's Agent

Unknown Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 0.31 Acre Lot

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 3,308 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Pool Views

Kitchen

  • Gas Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

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

Listing and Financial Details

  • Assessor Parcel Number 602420027

Community Details

Overview

  • Montage At Santa Rosa Subdivision

Recreation

  • Golf Course Community

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

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 Level, No Unit Above, One
  • Builders Tract Code: Montage at Santa Ros
  • Building Number Of Stories: 1
  • Included In Sale: Stove, Bar/BBQ , Light Lamps
  • List Price per Sq Ft: 256.95
  • Lp Sp Ratio: 0.9529
  • View Type: Pool
  • Year Built: 2004
  • Listing I D: 219020125
  • Listing Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Montage at Santa Rosa
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Gas Range
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Flooring: Carpet, Tile
  • Total Bedrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 3308.00

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 5.00

Utilities

  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

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

Lot Info

  • Assessor Parcel Number: 602420027
  • Lot Acres: 0.3100
  • Lot Size: 13504.00

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

Closed on
Jan 8, 2021
Sold by
Rat Pack Properties Llc
Bought by
Torbati Sam and Gabrielzadeh Gady
Current Estimated Value
$1,443,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Outstanding Balance
$450,714
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$992,828

Purchase Details

Closed on
Mar 19, 2020
Sold by
Torbati Sam and Gabrielzadeh Gady
Bought by
Rat Pack Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2020
Sold by
Rat Pack Properties Llc
Bought by
Torbati Sam and Gabrielzadeh Gady

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2019
Closed on
Sep 26, 2019
Sold by
Torbati Sam and Gabrielzadeh Gady
Bought by
Rat Pack Properties Llc
Seller's Agent
Angela Maciel-Gibbons
BPO Homes
Buyer's Agent
Unknown Member
List Price
$850,000
Sold Price
$810,000
Premium/Discount to List
-$40,000
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%
Original Mortgage
$728,500
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 25, 2019
Closed on
Sep 6, 2019
Sold by
Pegah Aghaebrahimlan
Bought by
Gabrielzadeh Gady
Seller's Agent
Angela Maciel-Gibbons
BPO Homes
Buyer's Agent
Unknown Member
List Price
$850,000
Sold Price
$810,000
Premium/Discount to List
-$40,000
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,500
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 25, 2019
Closed on
Sep 5, 2019
Sold by
Torbati Gilda
Bought by
Torbati Sam
Seller's Agent
Angela Maciel-Gibbons
BPO Homes
Buyer's Agent
Unknown Member
List Price
$850,000
Sold Price
$810,000
Premium/Discount to List
-$40,000
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,500
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 25, 2019
Closed on
Aug 19, 2019
Sold by
Valencia Raphael and Valencia Socorro
Bought by
Torbati Sam and Gabrielzadeh Gady
Seller's Agent
Angela Maciel-Gibbons
BPO Homes
Buyer's Agent
Unknown Member
List Price
$850,000
Sold Price
$810,000
Premium/Discount to List
-$40,000
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,500
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 28, 2004
Sold by
Zaphiro Group Llc
Bought by
Valencia Raphael and Valencia Socorro
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
Torbati Sam -- Fidelity National Title Co
Torbati Sam -- Fidelity National Title Co
Rat Pack Properties Llc -- None Available
Gabrielzadeh Gady -- Fidelity National Title Co
Torbati Sam -- Fidelity National Title Co
Torbati Sam -- Fidelity National Title Co
Rat Pack Properties Llc -- None Available
Gabrielzadeh Gady -- First American Title Company
Torbati Sam -- Fidelity Natl Ttl Inland Emp
Torbati Sam $810,000 Fidelity National Title
Valencia Raphael $588,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torbati Sam $505,000
Previous Owner Torbati Sam $510,400
Previous Owner Torbati Sam $728,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2019 09/12/19 Sold $810,000 -4.7% $245 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
07/25/2019 07/25/19 For Sale $850,000 -- $257 / 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 $13,934 $968,772 $135,299 $833,473
2023 $13,934 $931,156 $130,047 $801,109
2022 $13,146 $912,899 $127,498 $785,401
2021 $12,856 $884,065 $126,295 $757,770
2020 $11,223 $810,000 $57,000 $753,000
2019 $9,822 $723,840 $187,200 $536,640
2018 $9,444 $696,000 $180,000 $516,000
2017 $8,970 $646,000 $167,000 $479,000
2016 $9,021 $657,000 $170,000 $487,000
2015 $8,767 $659,000 $170,000 $489,000
2014 $7,530 $552,000 $143,000 $409,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219020125

California Desert Association of REALTORS®

APN: 602-420-027