$810,000
SOLD OCT 16, 2025

49354 Sherman Dr Indio, CA 92201

4 Beds
3 Baths
2,212 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$366 Per Sq Ft

1% Below List Price

204 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Golf Cart Garage
  • Pebble Pool Finish
  • Golf Course View
  • Furnished

About This Home

As of October 2025

Potential Investors, this house has ALL 2025 Festival Weekends and BNP Tennis Tournament booked, rental income will be passed! This property is eligible for short-term rentals, providing great income opportunities. This recently updated, golf course home, presents a well-designed layout with ample living space. The fully furnished interiors contribute to a turn-key living experience. The primary bedroom provides a comfortable retreat, while the additional 3 bedrooms offer flexibility for guests or a home office. The 3 bathrooms include thoughtful finishes and fixtures. The property boasts a pool, making it ideal for relaxation and entertainment. The home overlooks a golf course, offering scenic views. Residents can take advantage of the nearby country club facilities. You don't want to miss the opportunity to own recently updated and well maintained vacation rental or primary residence in Indian Palms Country Club. So be it for investment or personal use we look forward to seeing you at our next scheduled showing.

Last Agent to Sell the Property

Blair Armstrong

Coldwell Banker Realty License #01940174 Listed on: 03/09/2025

Coldwell Banker Realty

Co-Listed By

David Shriner

Coldwell Banker Realty License #02181993

Last Buyer's Agent

Cristen Farnham

Coldwell Banker Realty License #01743411

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 7,405 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $300 Monthly HOA Fees

Property Views

  • Golf Course
  • Mountain
  • Desert
  • Pool

Interior Spaces

  • 2,212 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Fireplace
  • Great Room with Fireplace

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Golf Cart Garage

Pool

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

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Powered By Gas

Listing and Financial Details

  • Assessor Parcel Number 614470009

Community Details

Overview

  • Indian Palms Subdivision
  • Planned Unit Development

Recreation

  • Golf Course Community
  • Tennis Courts

Security

  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 368.44
  • Lp Sp Ratio: 0.9900
  • View Type: Desert, Pool, Mountain(s), Golf Course
  • Year Built: 2003
  • Co Listing Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Co Listing Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Co Listing Office Fax: (760) 360-1342
  • Listing I D: 219126186
  • Listing Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Fax: (760) 360-1342
  • Selling Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Selling Member Fax: (760) 200-2040
  • Selling Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Selling Office Fax: (760) 360-1342
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Indian Palms
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Fireplace Features: Gas
  • Flooring: Carpet, Tile
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 2212.00

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling Type: Air Conditioning, Gas
  • Heating: Forced Air
  • Security: 24 Hour Security
  • 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: Golf Course, Tennis Courts, Pet Rules
  • HOA Information: Yes
  • HOA Fee 1: 300.00
  • Total Monthly Association Fees: 300.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 614470009
  • Irrigation: Sprinkler System
  • Lot Size: 7405.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2025
Closed on
Oct 14, 2025
Sold by
Gonzalez Meghann
Bought by
Stoyanov Svetoslav S
Seller's Agent
Blair Armstrong
Coldwell Banker Realty
Buyer's Agent
Cristen Farnham
Coldwell Banker Realty
List Price
$815,000
Sold Price
$810,000
Premium/Discount to List
-$5,000
-0.61%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.86%
Original Mortgage
$648,000
Outstanding Balance
$648,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$146,374

Purchase Details

Listed on
Mar 9, 2025
Closed on
Oct 8, 2025
Sold by
Saavedra Paul C and Saavedra Tiffany L
Bought by
Stoyanov Svetoslav S
Seller's Agent
Blair Armstrong
Coldwell Banker Realty
Buyer's Agent
Cristen Farnham
Coldwell Banker Realty
List Price
$815,000
Sold Price
$810,000
Premium/Discount to List
-$5,000
-0.61%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Outstanding Balance
$648,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$146,374

Purchase Details

Closed on
May 17, 2017
Sold by
Bell Patrick M
Bought by
Bell Patrick M and The Patrick M Bell Trust

Purchase Details

Listed on
Dec 27, 2014
Closed on
May 6, 2015
Sold by
Chung Bell Soo Hi
Bought by
Bell Patrick M
Seller's Agent
Sandy Smith
RE/MAX Consultants
Buyer's Agent
Kathy Bell
Allison James Estates & Homes
List Price
$359,000
Sold Price
$355,000
Premium/Discount to List
-$4,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$283,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 27, 2014
Closed on
Apr 26, 2015
Sold by
Wambaugh Daniel E and Wambaugh Linda K
Bought by
Bell Patrick M
Seller's Agent
Sandy Smith
RE/MAX Consultants
Buyer's Agent
Kathy Bell
Allison James Estates & Homes
List Price
$359,000
Sold Price
$355,000
Premium/Discount to List
-$4,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2008
Sold by
The Bank Of New York
Bought by
Wambaugh Daniel E and Wambaugh Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2008
Sold by
Schwartz Sherri
Bought by
The Bank Of New York and Jp Morgan Chase Bank Na

Purchase Details

Closed on
Apr 19, 2006
Sold by
Faye Darren
Bought by
Schwartz Sherri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 11, 2005
Sold by
Schwartz Sherri
Bought by
Schwartz Sherri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,700
Interest Rate
5.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 12, 2004
Sold by
Paragon Indian Palms Associates Lp
Bought by
Schwartz Sherri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,124
Interest Rate
5.69%
Mortgage Type
Stand Alone First
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
Deed -- Equity Title Company
Grant Deed $810,000 Equity Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Ticor Title
Grant Deed $355,000 Ticor Title
Grant Deed $324,000 Landsafe Title San Bernardin
Trustee Deed $348,750 Landsafe Title
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Custom Title Solutions
Grant Deed $310,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $648,000 New Conventional
Previous Owner $283,000 New Conventional
Previous Owner $243,000 Purchase Money Mortgage
Previous Owner $464,000 Fannie Mae Freddie Mac
Previous Owner $116,700 Credit Line Revolving
Previous Owner $248,124 Stand Alone First
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2025 10/16/25 Sold $810,000 -0.6% $366 / Sq Ft
03/09/2025 03/09/25 For Sale $815,000 +129.6% $368 / Sq Ft
05/19/2015 05/19/15 Sold $355,000 -1.1% $160 / Sq Ft View Prior Sale
12/27/2014 12/27/14 For Sale $359,000 -- $162 / 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 $10,881 $739,499 $258,827 $480,672
2023 $10,881 $410,082 $143,527 $266,555
2022 $6,618 $402,042 $140,713 $261,329
2021 $6,407 $394,159 $137,954 $256,205
2020 $6,067 $390,118 $136,540 $253,578
2019 $5,924 $382,469 $133,863 $248,606
2018 $5,812 $374,971 $131,239 $243,732
2017 $5,769 $367,619 $128,666 $238,953
2016 $5,649 $360,412 $126,144 $234,268
2015 $4,990 $297,000 $104,000 $193,000
2014 $5,161 $310,000 $108,000 $202,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219126186

California Desert Association of REALTORS®

APN: 614-470-009