$1,421,000
SOLD MAY 9, 2025

48788 Cascade St Indio, CA 92201

6 Beds
4 Baths
3,182 Sq Ft
0.35 Acres

Recently Sold

$447 Per Sq Ft

15% Below List Price

70 Days on Market

Highlights

  • Guest House
  • Casita
  • 15,246 Sq Ft lot
  • In Ground Pool
  • Gated Community
  • Living Room with Fireplace

About This Home

As of May 2025

Here is your chance to buy in the highly sought-after community of Montage at Santa Rosa. This beautifully remodeled 6-bedroom home (including a detached casita) has unbelievable money-making potential, as the HOA allows Short-term rentals. Montage is located a short distance from Coachella and Stagecoach, which makes this an incredible investment opportunity. Professionally decorated to the nines with an eclectic vibe. Offered fully, furnished...this is the opportunity you have been waiting for! The backyard highlights include a sparkling pool and spa, fire pit, grassy areas, play spaces, a peaceful hammock, an incredible detached casita, as well as a professional-grade outdoor kitchen. Additionally, this property has solar, which offsets the utility bill. Having such profitability, these Montage properties fly off the market, schedule your private tour today. Showing days/times are limited, as this popular property has guest stays booked throughout the year.

Last Agent to Sell the Property

Nick Balsamo

Brick House Estates, Inc. License #01465076 Listed on: 02/28/2025

Co-Listed By

Carl Roetemeyer

Desert Lifestyle Properties License #01476460

Last Buyer's Agent

Jonathan Starr

RE/MAX MASTERS REALTY License #00891616

RE/MAX MASTERS REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 0.35 Acre Lot
  • Block Wall Fence
  • Sprinkler System

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 3,182 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Entryway
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Tile Flooring

Kitchen

  • Walk-In Pantry
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Outdoor Fireplace
  • Casita
  • Built-In Barbecue

Additional Features

  • Solar owned by a third party
  • Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 602410021

Community Details

Overview

  • Montage At Santa Rosa Subdivision

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground Level, No Unit Above
  • Building Number Of Stories: 2
  • Casita Features Other: Separate Casita with Bedroom and Bathroom
  • Included In Sale: Fully Furnished per inventory.
  • List Price per Sq Ft: 526.40
  • Lp Sp Ratio: 0.8500
  • Year Built: 2004
  • Co Listing Member Address: 200 N. Sunrise Way, Ste. B, Palm Springs, CA 92262
  • Co Listing Office Address: 200 N. Sunrise Way, Ste. B, Palm Springs, CA 92262
  • Co Listing Office Fax: (760) 646-8885
  • Listing I D: 219125607
  • Listing Member Address: 1980 Orange Tree Ln Ste 270, Redlands, CA 92374
  • Listing Office Address: 1980 Orange Tree Ln Ste 270, Redlands, CA 92374
  • Selling Office Address: 475 E. Badillo, Covina, CA 91723
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Montage at Santa Rosa
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Exterior, Living Room
  • Fireplace Features: Gas
  • Flooring: Tile
  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Kitchen Features: Granite Slab Counters
  • Estimated Sq Ft: 3182.00

Exterior Features

  • Other Features: Solar System Financed
  • Other Structures: Guest House/Casita
  • Built-in BBQ: Gas
  • Fencing: Block
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private

Garage/Parking

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

Utilities

  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central, Fireplace(s)
  • Security: Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 175.00
  • Total Monthly Association Fees: 175.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 602410021
  • Irrigation: Sprinkler System
  • Lot Size: 15246.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2025
Closed on
Apr 28, 2025
Sold by
Palm Springs Llc
Bought by
Karatzias Dennis and Karatzias Natalia
Seller's Agent
Nick Balsamo
Brick House Estates, Inc.
Buyer's Agent
Jonathan Starr
RE/MAX MASTERS REALTY
List Price
$1,675,000
Sold Price
$1,421,000
Premium/Discount to List
-$254,000
-15.16%
Views
9
Current Estimated Value
$1,436,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,303
Avg. Annual Appreciation
1.52%

Purchase Details

Closed on
Dec 18, 2021
Sold by
Palm Springs Llc
Bought by
Palm Springs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2020
Sold by
Chase Andrew
Bought by
Palm Springs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2020
Sold by
Chase Andrew
Bought by
Palm Springs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2019
Closed on
Dec 10, 2019
Sold by
Hoffman David and Hoffman Alysa
Bought by
Chase Andrew
Seller's Agent
Craig Conley
Bennion Deville Homes
Buyer's Agent
Craig Conley
Coldwell Banker Residential Brokerage
List Price
$795,000
Sold Price
$790,000
Premium/Discount to List
-$5,000
-0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.30%

Purchase Details

Closed on
Jan 21, 2011
Sold by
Hoffman Alysa and Hoffman David
Bought by
Hoffman David and Hoffman Alysa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2008
Sold by
Central Mortgage Co
Bought by
Nelson Alysa C and Hoffman David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2007
Sold by
Allen Jean Ann
Bought by
Central Mortgage Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2007
Sold by
Desert Sands Group Llc
Bought by
Mortgage Electronic Registration Service

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2007
Sold by
Atistar Mortgage Solutions Llc
Bought by
Desert Sands Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2006
Sold by
Desert Sands Group Llc
Bought by
Atistar Mortgage Solutions Llc

Purchase Details

Closed on
Aug 21, 2006
Sold by
Allen Jean Ann
Bought by
Desert Sands Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2006
Sold by
Fraser Linc Llc
Bought by
Allen Jean Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,000
Interest Rate
8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 1, 2006
Sold by
Fraser William B
Bought by
Fraser Linc Llc

Purchase Details

Closed on
Apr 4, 2005
Sold by
Fraser Jeanette M
Bought by
Fraser William B

Purchase Details

Closed on
Sep 30, 2004
Sold by
Zaphiro Group Llc
Bought by
Fraser William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,250
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Grant Deed $1,421,000 Fidelity National Title
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Boston National Ttl Agcy Llc
Quit Claim Deed -- None Available
Grant Deed $790,000 Orange Coast Title Of Ca
Interfamily Deed Transfer -- Lsi
Grant Deed $565,000 Orange Coast Title Co
Trustee Deed $797,043 United Title Company
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed -- Financial Title Company La
Grant Deed -- None Available
Grant Deed $920,000 Stewart Title Company
Grant Deed -- Stewart Title Riverside
Interfamily Deed Transfer -- Stewart Title Riverside
Grant Deed $557,000 Stewart Title Riverside
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $720,000 New Conventional
Previous Owner $474,000 New Conventional
Previous Owner $405,000 New Conventional
Previous Owner $417,000 Purchase Money Mortgage
Previous Owner $100,000 Purchase Money Mortgage
Previous Owner $40,000 Purchase Money Mortgage
Previous Owner $736,000 Fannie Mae Freddie Mac
Previous Owner $445,250 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2025 05/09/25 Sold $1,421,000 -15.2% $447 / Sq Ft
02/28/2025 02/28/25 For Sale $1,675,000 +112.0% $526 / Sq Ft
12/19/2019 12/19/19 Sold $790,000 -0.6% $248 / Sq Ft View Prior Sale
12/16/2019 12/16/19 Pending -- -- --
11/10/2019 11/10/19 For Sale $795,000 0.0% $250 / Sq Ft
11/10/2019 11/10/19 Pending -- -- --
11/07/2019 11/07/19 For Sale $795,000 -- $250 / 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 $12,942 $885,848 $273,408 $612,440
2023 $12,942 $851,452 $262,793 $588,659
2022 $12,195 $834,758 $257,641 $577,117
2021 $11,658 $818,391 $252,590 $565,801
2020 $10,865 $790,000 $57,000 $733,000
2019 $9,554 $703,040 $192,400 $510,640
2018 $9,186 $676,000 $185,000 $491,000
2017 $8,891 $640,000 $175,000 $465,000
2016 $8,828 $649,000 $178,000 $471,000
2015 $8,478 $643,000 $176,000 $467,000
2014 $7,263 $538,000 $147,000 $391,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219125607

California Desert Association of REALTORS®

APN: 602-410-021