NOT LISTED FOR SALE

49848 Bates St Indio, CA 92201

Estimated Value: $405,000 - $538,000

3 Beds
3 Baths
2,047 Sq Ft
$239/Sq Ft Est. Value

Last Sold May 01, 2015

Last sale price $250,000 $122 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,303/month

29 Days on Market

Highlights

  • Golf Course Community
  • Two Primary Bedrooms
  • Pond View
  • Fitness Center
  • Gated Community
  • Green Roof

About This Home

As of May 2015

BRAND NEW! 3 bedroom/3 bath home on nice size lot that backs up to a large greenbelt, with room for a pool. This home is under construction and will be ready for occupancy in February 2015 just in time for the Season! Still plenty of time to choose your interior options including flooring and kitchen appointments. This home enjoys a large great room concept designed for indoor-outdoor entertaining. Large kitchen with deluxe Whirlpool stainless steel appliance package including refrigerator, granite slab countertops, spacious walk-in pantry and large island. Front and rear yard landscaping with automatic sprinkler system is included. Located in the last phase of construction of 26 new homes being built by ADS Inc. within the 24 hour guard-gated, golf course community of Indian Palms Country Club, including 27 holes of golf, a great club house, pools, spas, hotel and a great restaurant.

Last Agent to Sell the Property

James Rees

CADO Real Estate License #00512448 Listed on: 01/15/2015

Last Buyer's Agent

James Rees

CADO Real Estate License #00512448 Listed on: 01/15/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 6,300 Sq Ft Lot
  • West Facing Home
  • Level Lot
  • Sprinklers on Timer

HOA Fees

Property Views

  • Pond
  • Mountain
  • Desert

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco Exterior
  • Stone Veneer

Interior Spaces

  • 2,047 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Built-In Features
  • Fireplace With Glass Doors
  • Double Pane Windows
  • Sliding Doors
  • Entryway
  • Great Room with Fireplace
  • Breakfast Room
  • Den
  • Ceramic Tile Flooring
  • Fire Sprinkler System

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Low Flow Toliet
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Golf Cart Parking

Eco-Friendly Details

  • Green Features
  • Green Roof
  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Exposure or Shade
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • High-Efficiency Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 614595005
  • Special Tax Authority

Community Details

Overview

  • Association fees include clubhouse, security
  • Built by Alliance Developme
  • Indian Palms Subdivision, Plan 3

Amenities

  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Meeting Room
  • Card Room
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center

Security

  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

HOA Fees

$269 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West
  • Levels: One
  • Builder Model Name: Plan 3
  • Builder Name: Alliance Developme
  • Builders Tract Code: Indian Palms
  • Building Number Of Stories: 1
  • Building Style: Mediterranean
  • Entry Location: Main Level
  • List Price per Sq Ft: 131.85
  • Lp Sp Ratio: 0.9263
  • View Type: Desert, Mountain(s), Pond
  • Water District Name: Coachella Valley Water Dist.
  • Year Built: 2015
  • Listing I D: 215001884
  • Listing Member Address: 227 Las Lomas, Attn: James Rees, Palm Desert, CA 92260
  • Listing Office Address: 227 Las Lomas, Attn: James Rees, Palm Desert, CA 92260
  • Listing Office Fax: (760) 341-8419
  • Selling Member Address: 227 Las Lomas, Attn: James Rees, Palm Desert, CA 92260
  • Selling Office Address: 227 Las Lomas, Attn: James Rees, Palm Desert, CA 92260
  • Selling Office Fax: (760) 341-8419
  • Land Type: Fee
  • Subdivision: Indian Palms
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Dryer Hookup, Water Line to Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Built-In Features, Hi-Speed Data Wiring
  • Fireplace Features: Glass Doors
  • Flooring: Ceramic Tile
  • Bedroom Features: 2 Master Bedrooms, All Bedrooms Down, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Low Flow Toilet(s), Shower & Tub
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Breakfast Room, Kitchen Island
  • Kitchen Features: Island, Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 2047.00
  • Windows Treatments: Double Pane Windows

Exterior Features

  • Construction: Stone Veneer, Stucco
  • Other Features: Slab
  • Roofing: Concrete, Tile
  • Foundation: Slab
  • Patio: Covered
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Central Air
  • Heating: Forced Air
  • Security: 24 Hour Security, Fire Sprinkler System
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Water Heater Unit

Association/Amenities

  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Clubhouse, Security
  • Association Amenities: Banquet Facilities, Card Room, Clubhouse, Fitness Center, Golf - Par 3, Golf Course, Meeting Room, Picnic Area, Recreation Room, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 239.00
  • HOA Fee 2: 30.00
  • Total Monthly Association Fees: 269.00
  • Unit Location: Ground Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 614595005
  • Irrigation: Sprinkler Timer
  • Lot Acres: 0.1400
  • Lot Description: Level
  • Lot Size: 6300.00

Green Features

  • Green Energy Efficient: Appliances, Construction, Doors, Electrical/Lighting, Exposure/Shade, HVAC, Insulation, Roof, Thermostat, Water Heater, Windows
  • Green Features: Yes

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Yes

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2025
Sold by
Reischman Kathryn L
Bought by
Reischman Family Trust and Reischman
Current Estimated Value
$489,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Outstanding Balance
$116,872
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$373,123

Purchase Details

Closed on
Feb 22, 2023
Sold by
Reischman Kathryn L
Bought by
Reischman Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2021
Sold by
Reischman Larry A and Reischman Kathryn L
Bought by
Reischman Larry A and Reischman Kathryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,068
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2019
Sold by
Reischman Larry A and Reischman Kathryn L
Bought by
Reischman Larry A and Reischman Kathryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2018
Sold by
Reischman Larry A and Reischman Kathryn L
Bought by
Reischman Larry A and Reischman Kathryn L

Purchase Details

Closed on
Mar 24, 2016
Sold by
Reischman Larry and Reischman Larry A
Bought by
Reischman Larry A and Reischman Kathryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2015
Sold by
Sm5 Partners Llc
Bought by
Reischman Larry and Reischman Kathryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2011
Sold by
Sidney Holdings Llc
Bought by
Sms Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,144
Interest Rate
4.73%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 26, 2009
Sold by
Landsource Holding Company Llc
Bought by
Sidney Holdings Llc

Purchase Details

Closed on
Feb 15, 2007
Sold by
Mw Housing Partners Iii Lp
Bought by
Landsource Holding Co Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Reischman Family Trust -- Fidelity National Title
Reischman Kathryn L -- Fidelity National Title
Reischman Family Trust -- --
Reischman Kathryn L -- None Listed On Document
Reischman Larry A -- Amrock Llc
Reischman Larry A -- Amrock Llc
Reischman Larry A -- First American Title Company
Reischman Larry A -- First American Title Company
Reischman Larry A -- None Available
Reischman Larry A -- First American Title Company
Reischman Larry $250,000 First American Title Company
Sms Partners Llc -- North American Title Co Inc
Sidney Holdings Llc -- First American
Landsource Holding Co Llc -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reischman Kathryn L $117,500
Previous Owner Reischman Kathryn L $58,000
Previous Owner Reischman Larry A $251,068
Previous Owner Reischman Larry A $249,750
Previous Owner Reischman Larry A $210,000
Previous Owner Reischman Larry $210,000
Previous Owner Sms Partners Llc $109,144
Previous Owner Sms Partners Llc $196,456
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2015 05/01/15 Sold $250,000 -7.4% $122 / Sq Ft
01/15/2015 01/15/15 For Sale $269,900 -- $132 / 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 $5,743 $300,452 $75,109 $225,343
2023 $5,743 $288,788 $72,194 $216,594
2022 $5,489 $283,127 $70,779 $212,348
2021 $5,309 $277,577 $69,392 $208,185
2020 $5,143 $274,732 $68,681 $206,051
2019 $5,011 $269,346 $67,335 $202,011
2018 $4,917 $264,065 $66,016 $198,049
2017 $4,904 $258,888 $64,722 $194,166
2016 $4,820 $253,812 $63,453 $190,359
2015 $1,952 $38,527 $8,527 $30,000
2014 $1,285 $8,360 $8,360 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    James Rees

    CADO Real Estate

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 215001884

California Desert Association of REALTORS®

APN: 614-595-005

California Riverside County Indio 92201

49848 Bates St, Indio, CA

Not Listed for Sale

Detached

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