NOT LISTED FOR SALE

48987 Hope Ln Indio, CA 92201

Estimated Value: $369,000 - $409,000

3 Beds
2 Baths
1,494 Sq Ft
$411/mo HOA Fee

Last Sold September 13, 2022

Last sale price $375,000 $251 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,897/month

63 Days on Market

Highlights

  • Golf Course Community
  • Filtered Pool
  • Mountain View
  • 24-Hour Security
  • Open Floorplan
  • Property is near clubhouse and park

About This Home

As of September 2022

Wonderful corner unit three bedroom condo with great location and steps away from pool. Perfect for outdoor living with inviting and spacious patio with majestic mountain views and greenbelt. This is a wonderful, well-located mid-century modern property with walls of glass and vaulted ceilings. This unit has been recently updated with paint along with modern ceiling fans. Second patio is off master bedroom and allows for great use of space inside and out. Spacious 1494 sq feet, 3 bed 2 bath. Also, we will provide up to $500 for a home warranty of the buyers choosing. HOA $411 monthly to be verified by buyer.

Last Agent to Sell the Property

DAVID JACKSON

PACIFIC HOME BROKERS License #01212753 Listed on: 06/11/2022

PACIFIC HOME BROKERS

Last Buyer's Agent

Judy Woodard

RE/MAX Consultants License #01438876

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1975

Lot Details

  • 1 Common Wall
  • Security Fence
  • Wrought Iron Fence
  • Block Wall Fence
  • Front Yard Sprinklers
  • Zero Lot Line

HOA Fees

  • $411 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Detached Carport Spaces
  • Parking Available

Property Views

  • Mountain
  • Park or Greenbelt

Home Design

  • Patio Home
  • Planned Development
  • Flat Roof Shape
  • Slab Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Common Roof
  • Clay Roof

Interior Spaces

  • 1,494 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Partially Furnished
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room Off Kitchen

Kitchen

  • Open to Family Room
  • Double Oven
  • Gas Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Pots and Pans Drawers

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Jack-and-Jill Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Filtered Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Location

  • Property is near clubhouse and park
  • Suburban Location

Utilities

  • Whole House Fan
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Hot Water Circulator
  • Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Outdoor Grill

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 4700
  • Assessor Parcel Number 614280039
  • $652 per year additional tax assessments

Community Details

Overview

  • 2,300 Units
  • Indian Palms Association, Phone Number (760) 862-1202
  • Desert Management HOA
  • Indian Palms Subdivision
  • Greenbelt

Amenities

  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Community Spa
  • Park

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1975

Lot Details

0

HOA Fees

$411 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: All furniture and appliances convey
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: 24 Hour Security, Gated with Attendant
  • Subdivision Name Other: Indian Palms (31432)
  • View: Yes
  • Zoning: R2
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 614280039
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1494.00 Square Feet
  • Interior Amenities: Block Walls, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, High Ceilings, Open Floorplan, Partially Furnished, Tile Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 251.00
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Hollywood Bathroom (Jack&Jill)
  • Room Kitchen Features: Kitchen Open To Family Room, Pots & Pan Drawers

Exterior Features

  • Foundation: Slab
  • Exterior Features: Barbecue Private
  • View: Mountain(s), Park/Greenbelt
  • Fence: Yes
  • Fencing: Block, Security, Wrought Iron
  • Pool Features: Community, Fenced, Filtered, Gunite, In Ground
  • Pool Private: No
  • Roof: Clay, Common Roof, Flat
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, Double Oven, Electric Oven, Electric Range, Gas Oven, Gas Range, Hot Water Circulator, Microwave, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central, Electric, Natural Gas
  • Laundry Features: Dryer Included, In Closet, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Golf Course, Tennis Court(s), Recreation Room, Guard, Security, Controlled Access
  • Association Fee: 411.00
  • Association Fee Frequency: Monthly
  • Association Name: Indian Palms
  • Phone: (760) 862-1202
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Golf, Park, Sidewalks, Suburban
  • Association Management: Desert Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse, Corner Lot, Greenbelt, Park Nearby, Patio Home, Sprinkler System, Sprinklers In Front, Sprinklers Timer, Zero Lot Line
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units In Community: 2300
  • Number Of Units Total: 2300

Tax Info

  • Tax Census Tract: 491.02
  • Tax Lot: 2
  • Tax Tract Number: 4700
  • TaxOtherAnnualAssessmentAmount: 652.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2022
Closed on
Aug 23, 2022
Sold by
Bowker Erma B Trust
Bought by
Ratekin Diane Esther and Yates Thomas Dale
Seller's Agent
DAVID JACKSON
PACIFIC HOME BROKERS
Buyer's Agent
Judy Woodard
RE/MAX Consultants
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Views
43
Current Estimated Value
$387,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,799
Avg. Annual Appreciation
0.98%
Original Mortgage
$281,250
Outstanding Balance
$268,434
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$119,365

Purchase Details

Listed on
Mar 9, 2019
Closed on
Jul 20, 2020
Sold by
Jelikal Llc
Bought by
Cost Curtis W
Seller's Agent
Michael Paduano
Bennion Deville Homes
Buyer's Agent
NoEmail NoEmail
Madera Non-Member
List Price
$260,000
Sold Price
$235,000
Premium/Discount to List
-$25,000
-9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.06%

Purchase Details

Listed on
Dec 18, 2018
Closed on
Jan 23, 2019
Sold by
Murray Erca Sonya
Bought by
Jelikal Llc
Seller's Agent
Judy Woodard
RE/MAX Consultants
Buyer's Agent
Michael Paduano
Bennion Deville Homes
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.31%

Purchase Details

Closed on
Sep 2, 2011
Sold by
Petersen Judy Gay
Bought by
Petersen Judy Gay

Purchase Details

Closed on
Apr 1, 2002
Sold by
Barrington Robert S
Bought by
Petersen Judy Gay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1998
Sold by
Barrington Carol F
Bought by
Barrington Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 1998
Sold by
Dardi Joseph C and Dardi Geri Goularte
Bought by
Barrington Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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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
Ratekin Diane Esther $375,000 --
Cost Curtis W $235,000 Orange Coast Ttl Co Of Socal
Jelikal Llc $180,000 Wfg Title Company Of Califor
Petersen Judy Gay -- None Available
Petersen Judy Gay $124,000 Fidelity National Title Ins
Barrington Robert S -- Fidelity National Title Ins
Barrington Robert S $102,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ratekin Diane Esther $281,250
Previous Owner Petersen Judy Gay $99,200
Previous Owner Barrington Robert S $76,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2022 09/13/22 Sold $375,000 -6.0% $251 / Sq Ft
06/11/2022 06/11/22 For Sale $399,000 +69.8% $267 / Sq Ft
08/11/2020 08/11/20 Sold $235,000 -3.6% $157 / Sq Ft View Prior Sale
07/08/2020 07/08/20 Pending -- -- --
06/20/2020 06/20/20 Price Changed $243,900 -2.4% $163 / Sq Ft
01/31/2020 01/31/20 Price Changed $249,900 -2.0% $167 / Sq Ft
12/11/2019 12/11/19 Price Changed $254,900 -2.0% $171 / Sq Ft
03/09/2019 03/09/19 For Sale $260,000 +44.4% $174 / Sq Ft
02/07/2019 02/07/19 Sold $180,000 -5.3% $120 / Sq Ft View Prior Sale
01/16/2019 01/16/19 Pending -- -- --
12/18/2018 12/18/18 For Sale $190,000 -- $127 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,663 $390,150 $36,414 $353,736
2023 $5,663 $375,000 $35,000 $340,000
2022 $3,681 $239,700 $35,700 $204,000
2021 $3,530 $235,000 $35,000 $200,000
2020 $2,826 $183,600 $4,080 $179,520
2019 $0 $164,190 $39,717 $124,473
2018 $2,417 $160,972 $38,939 $122,033
2017 $2,377 $157,817 $38,176 $119,641
2016 $2,342 $154,724 $37,428 $117,296
2015 $2,305 $152,402 $36,867 $115,535
2014 $2,270 $149,419 $36,146 $113,273
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22124644

California Regional Multiple Listing Service (CRMLS)

APN: 614-280-039

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