NOT LISTED FOR SALE

48793 Spring Rain Ct Indio, CA 92201

Estimated Value: $1,193,000 - $1,654,412

5 Beds
3.5 Baths
3,346 Sq Ft
$434/Sq Ft Est. Value

Last Sold November 25, 2015

Last sale price $2,650 $1 Per Sq Ft

Est. 54,744% increase in value since last sale

Current estimated payment $8,639/month

166 Days on Market

Highlights

  • Attached Guest House
  • 0.34 Acre Lot
  • Corner Lot
  • Gated Community
  • Wood Flooring
  • Granite Countertops

About This Home

As of November 2015

Gated Montage Estate home features Four Bedrooms, Four Bathrooms 3350 sq ft. Corner lot location with Great room, Granite counters, Wood flooring, Fireplace, Three car garage and Large Private yard. Design your own pool.

Last Agent to Sell the Property

Guy Grimes

Guy Grimes R.E. Services License #00703594 Listed on: 06/12/2015

Last Buyer's Agent

Out Side Agent

Desert Real Estate Consultants, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 0.34 Acre Lot
  • East Facing Home
  • Stucco Fence
  • Corner Lot

HOA Fees

  • $126 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,346 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Wood Flooring
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Attached Guest House
  • Ground Level
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 602420033

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

$126 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East
  • Levels: One
  • Builders Tract Code: Montage at Santa Ros
  • Building Number Of Stories: 1
  • Entry Floor: 1
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 168.86
  • Lp Sp Ratio: 0.0047
  • Year Built: 2004
  • Listing I D: 215018020
  • Listing Member Address: 78365 Hwy 111, #223, La Quinta, CA 92253
  • Listing Member Fax: (760) 406-5643
  • Listing Office Address: 78365 Hwy 111, #223, La Quinta, CA 92253
  • Listing Office Fax: (760) 406-5643
  • Selling Member Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Fax: (760) 999-9999
  • Land Type: Fee
  • Subdivision: Montage at Santa Rosa
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave Oven, Exhaust Fan, Disposal
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Range Hood: Yes
  • Fireplace Features: Gas Log
  • Flooring: Wood
  • Total Bedrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Kitchen Features: Granite Counters, Granite Slab Counters, Galley Kitchen
  • Laundry: Individual Room
  • Estimated Sq Ft: 3346.00

Exterior Features

  • Other Structures: Guest House Attached
  • Fencing: Stucco Wall

Garage/Parking

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

Utilities

  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central
  • Sewer: Unknown

Association/Amenities

  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Association #3 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 126.00
  • Total Monthly Association Fees: 126.00
  • Unit Location: Ground Floor

Lot Info

  • Assessor Parcel Number: 602420033
  • Lot Acres: 0.3400
  • Lot Location: Corner Lot
  • Lot Size: 14810.00

Rental Info

  • Will Consider Lease: Yes
  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2020
Sold by
Preciado Julio C and Preciado Alma L
Bought by
Preciado Julio Cesar and Preciado Alma Leticia
Current Estimated Value
$1,453,353

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
Outstanding Balance
$453,974
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$999,379

Purchase Details

Closed on
Jun 8, 2018
Sold by
Grimes Robert N
Bought by
Preciado Julio C and Preciado Alma L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

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

Purchase Details

Closed on
Sep 28, 2004
Sold by
Zaphiro 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
$312,000
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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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
Preciado Julio Cesar -- Ticor Title
Preciado Julio C $625,000 Lawyers Title
Grimes Robert N -- None Available
Grimes Robert $565,500 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preciado Julio Cesar $510,400
Previous Owner Preciado Julio C $437,500
Previous Owner Grimes Robert $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2015 11/25/15 Sold $2,650 0.0% $1 / Sq Ft
11/25/2015 11/25/15 Rented $2,650 0.0% --
10/14/2015 10/14/15 Price Changed $565,000 -1.6% $169 / Sq Ft
10/13/2015 10/13/15 Price Changed $574,000 0.0% $172 / Sq Ft
09/22/2015 09/22/15 Price Changed $2,650 0.0% $1 / Sq Ft
09/22/2015 09/22/15 For Rent $2,650 0.0% --
09/09/2015 09/09/15 Price Changed $575,000 -0.9% $172 / Sq Ft
08/21/2015 08/21/15 Price Changed $580,000 0.0% $173 / Sq Ft
06/12/2015 06/12/15 Off Market $2,750 -- --
06/12/2015 06/12/15 For Rent $599,000 0.0% --
06/12/2015 06/12/15 For Sale $599,000 -- $179 / 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 $10,954 $740,940 $209,157 $531,783
2023 $10,954 $712,170 $201,036 $511,134
2022 $11,152 $698,207 $197,095 $501,112
2021 $10,463 $684,518 $193,231 $491,287
2020 $9,639 $677,500 $191,250 $486,250
2019 $8,548 $625,000 $187,500 $437,500
2018 $8,851 $643,000 $180,000 $463,000
2017 $8,812 $627,000 $176,000 $451,000
2016 $8,674 $630,000 $176,000 $454,000
2015 $8,441 $633,000 $177,000 $456,000
2014 $7,174 $524,000 $147,000 $377,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 215018020

California Desert Association of REALTORS®

APN: 602-420-033