NOT LISTED FOR SALE

49244 Sherman Dr Indio, CA 92201

Estimated Value: $717,000 - $784,826

3 Beds
3 Baths
2,026 Sq Ft
$371/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $790,000 $390 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,774/month

104 Days on Market

Highlights

  • On Golf Course
  • Pebble Pool Finish
  • Lake View
  • Fitness Center
  • Gated Community
  • Open Floorplan

About This Home

As of June 2024

Welcome to the epitome of luxe living! This stunning property, maintained by its original owners, offers unparalleled VIEWS of the lush golf course landscape, creating an idyllic backdrop.Currently operating as an Airbnb, this home presents a rare opportunity with its HOA that allows for short-term rentals. Step inside a TURNKEY furnished haven where every detail has been meticulously curated. The interior boasts upgrades galore, from the custom made electric fireplace, sleek kitchen cabinets and backsplash, to the large porcelain tile flooring. The upgraded bathrooms boast stylish tile flooring and all bedrooms feature designer wallpaper accents. This property features smart home technology including an aqua link system for effortless control of the pool and remote control of the AC and alarm. Entertain in style with a pebble tec pool and spa, the epitome of resort-style living right in your own backyard. Gather with loved ones around the backyard firepit for unforgettable moments under the stars. The garage provides ample space for your golf cart and vehicles. The low HOA fees include front landscape maintenance and access to the lifestyle center. Whether you're seeking a permanent residence, a second home, or a rental property, this exquisite home offers endless possibilities. Embrace the desert lifestyle with close proximity to the world-famous polo grounds, home of the renowned Coachella Music and Stagecoach Festivals. Don't miss out on this slice of paradise.

Last Agent to Sell the Property

Bahareh Kamoei

BBS Brokers Realty License #01873752 Listed on: 02/23/2024

Last Buyer's Agent

Jennifer Pazos

KW Coachella Valley License #01927832

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020

Lot Details

  • 6,534 Sq Ft Lot
  • On Golf Course
  • Fenced
  • Drip System Landscaping

HOA Fees

Property Views

  • Lake
  • Golf Course
  • Mountain

Home Design

  • Turnkey

Interior Spaces

  • 2,026 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Electric Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Tile Flooring

Kitchen

  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Golf Cart Garage

Pool

  • Pebble Pool Finish
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 614470072

Community Details

Overview

  • Built by Gallery Homes
  • Indian Palms Subdivision
  • Planned Unit Development

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Sport Court
  • Fitness Center

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2020

Lot Details

0

HOA Fees

$263 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builder Name: Gallery Homes
  • Building Number Of Stories: 1
  • Included In Sale: property offered turnkey furnished per sellers' inventory list
  • List Price per Sq Ft: 394.37
  • Lp Sp Ratio: 0.9900
  • View Type: Golf Course, Mountain(s), Lake
  • Year Built: 2020
  • Co Listing Member Address: 77564 Country Club Dr. #250, Palm Desert, CA 92211
  • Co Listing Member Fax: (760) 406-9883
  • Co Listing Office Address: 77564 Country Club Dr. #250, Palm Desert, CA 92211
  • Listing I D: 219107364
  • Listing Member Address: 77564 Country Club Dr. #250, Palm Desert, CA 92211
  • Listing Office Address: 77564 Country Club Dr. #250, Palm Desert, CA 92211
  • Selling Office Address: 7898 Mission Grove Pkwy S #102, Riverside, CA 92508
  • Land Type: Fee
  • Subdivision: Indian Palms
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer, Gas Range, Dryer
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: High Ceilings (9 Ft+), Open Floorplan, Recessed Lighting
  • Fireplace Features: Electric
  • Flooring: Tile
  • Bedroom Features: Walk In Closet
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Granite Counters, Island, Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 2026.00
  • Windows Treatments: Double Pane Windows

Exterior Features

  • Patio: Covered
  • Pool: Yes
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated, Private, In Ground
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • Spa Hot Tub Description: Heated, Private
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Security: Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Community Features: Community Mailbox, Pickle Ball Courts, Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Tennis Courts, Sport Court, Fitness Center, Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 224.00
  • HOA Fee 2: 39.00
  • Total Monthly Association Fees: 263.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 614470072
  • Irrigation: Drip System
  • Lot Description: Fenced
  • Lot Location: On Golf Course
  • Lot Size: 6534.00

Rental Info

  • Furnished: Turnkey
  • 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

Listed on
Feb 23, 2024
Closed on
May 23, 2024
Sold by
Benmoshe Oren A and Benmoshe Victoria
Bought by
Cole Roger and Cerasin Jill
Seller's Agent
Bahareh Kamoei
BBS Brokers Realty
Buyer's Agent
Jennifer Pazos
KW Coachella Valley
List Price
$799,000
Sold Price
$790,000
Premium/Discount to List
-$9,000
-1.13%
Views
9
Current Estimated Value
$752,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,793
Avg. Annual Appreciation
-3.05%
Original Mortgage
$592,500
Outstanding Balance
$584,715
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$167,492

Purchase Details

Closed on
Jun 11, 2021
Sold by
Gallery Links Partners Llc
Bought by
Benmoshe Oren A and Benmoshe Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,920
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2019
Sold by
Indian Palms Development Company
Bought by
Gallery Links Partners Llc

Purchase Details

Closed on
Sep 25, 2009
Sold by
La Vista Grande 121 Llc
Bought by
Indian Palms Development Company Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cole Roger $790,000 Lawyers Title
Benmoshe Oren A $392,500 Stewart Title Of Ca Inc
Gallery Links Partners Llc -- None Available
Indian Palms Development Company Llc -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Roger $592,500
Previous Owner Benmoshe Oren A $313,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2024 06/18/24 Sold $790,000 -1.1% $390 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $799,000 0.0% $394 / Sq Ft
04/30/2024 04/30/24 Price Changed $799,000 -3.2% $394 / Sq Ft
04/20/2024 04/20/24 Off Market $825,000 -- --
02/23/2024 02/23/24 For Sale $825,000 +110.2% $407 / Sq Ft
09/28/2021 09/28/21 Sold $392,400 0.0% $194 / Sq Ft View Prior Sale
06/22/2021 06/22/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $392,400 -- $194 / 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 $7,407 $805,799 $282,032 $523,767
2023 $7,407 $443,088 $76,500 $366,588
2022 $6,009 $392,400 $75,000 $317,400
2021 $1,419 $30,310 $30,310 $0
2020 $1,087 $30,000 $30,000 $0
2019 $1,087 $32,394 $32,394 $0
2018 $1,082 $31,759 $31,759 $0
2017 $1,138 $31,137 $31,137 $0
2016 $1,120 $30,527 $30,527 $0
2015 $1,113 $30,069 $30,069 $0
2014 $1,106 $29,481 $29,481 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219107364

California Desert Association of REALTORS®

APN: 614-470-072