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Backup Offers

48255 Monroe St Unit 5, Indio, CA, 92201

$280,000

Home List Price

$3,325*

Closing Credit

2 Bedrooms
2 Full Baths
998 SqFt
$281/SqFt
Condo
Schools Nearby

Location

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48255 Monroe St Unit 5, Indio$280,000

Buyer Closing Credits

$3,325*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDoor-Single, Garage, Guest
Garage1 space
Year Built1980
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewPark, Mountain(s), Pool, Creek/Stream
MLS #24360937
StatusAccepting Backup Offers
(Active Under Contract)

About 48255 Monroe St Unit 5

Just two blocks from the home of the world-famous Coachella and Stagecoach music festivals, this fully furnished turnkey condo is perfect as your year-round residence or an easy vacation getaway. Located in Indio's gated Quail Lakes Racquet Club, the unit offers a prime top-floor setting overlooking the community's sparkling lakes, streams and waterfalls. The open two-bedroom, two-bath floorplan of approximately 1,000 s.f. is stylishly upgraded with bamboo wood flooring in living areas, custom paint and ceiling fans. Custom wood cabinetry with crown molding is showcased in a remodeled kitchen that features solid-surface countertops, and stainless steel appliances including a new Samsung French-door refrigerator and a new Whirlpool dishwasher. A vaulted ceiling enriches the living room, which opens to a view balcony with washer and dryer closet. High ceilings continue in the primary suite, where balcony access, mirrored wardrobe doors and an ensuite bath ensure personal comfort. A one-car garage is featured, along with a new HVAC system, and HOA dues cover gas, water and trash collection. The lushly landscaped Quail Lakes Racquet Club community reveals a large resort pool with spa, clubhouse, tennis and pickleball courts, winding paths and a charming gazebo. In addition to Coachella and Stagecoach, the Empire Polo Grounds host a full calendar of events, including the popular holiday lights drive-thru experience. Shopping centers, restaurants, golf, and Highway 111 are all close by.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1980
  • Stories: 2
  • Living Area: 998 SqFt

Listing Office:

  • Office Name: Bennion Deville Homes
  • Office Phone: (760) 459-0057
  • Listing Agent: Koubek & Turney Realty Group

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Bamboo, Laminate
  • Interior: Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Park, Mountain(s), Pool, Creek/Stream

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Door-Single, Garage, Guest

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Highway 111 go south on Monroe St. Just after passing 48th St the entrance to Quail Lakes Racquet Club is on the right. Once through the gate unit #5 is in the first building upstairs.

Price Information

Listing Price Info

Price Summary:

  • List Price: $280,000
  • Price Per SqFt: $281/SqFt

HOA Fees:

  • Amount: $597
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Indio, CA.

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Indio, CA

City

Med. Sold Price

$530K

Med. Price/SqFt

$284

Avg. Days On Market

65

# of Sold Homes

80

48255 Monroe St Unit 5 vs Indio

65 DAYS ON ROCKET

-0 Day

$280,000

-$250K Less

$281/SqFt

-$4 Less

KEY TAKEAWAY

This property is $250K less than the Median Sold Price and $4/SqFt less than other homes in Indio, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24360937

Listing Office:

  • Office Name: Bennion Deville Homes
  • Office Phone: (760) 459-0057
  • Listing Agent: Koubek & Turney Realty Group

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 7:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$2,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2540663
5
/10

  • Dr. Reynaldo J. Carreon Jr. Academy

  • 47368 Monroe St

  • 0.48 miles

  • Public Magnet Grades KG-5

school-card-donut-2540664
4
/10

  • Mountain Vista Elementary School

  • 49750 Hjorth St

  • 0.95 miles

  • Public District Grades KG-6

school-card-donut-2540665
4
/10

  • Theodore Roosevelt Elementary School

  • 83200 Doctor Carreon Blvd

  • 1.42 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,333. Typical income of Indio, CA residents is between $35k-100k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 48255 Monroe St Unit 5

What is the listing price of this property?

The listing price of 48255 Monroe St Unit 5 property is $280,000.

What type of property is this?

The property 48255 Monroe St Unit 5 is a condo located in Indio, California, 92201.

Is this property for sale now?

Accepting Backup Offers: 48255 Monroe St Unit 5 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 48255 Monroe St Unit 5 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 48255 Monroe St Unit 5 is 998 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 48255 Monroe St Unit 5 is 1980.

Rocket Homes›California›Riverside County›Indio›92201›48255 Monroe St Unit 5

This home is located at 48255 Monroe St Unit 5 in Indio, CA and zip code 92201. This 998 square foot home was built in 1980. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $280,000.

While more than 17 listings in Indio, CA in March 2024 were sold above asking price, there were more than 23 listings sold at asking price, and more than 40 were sold below. Between February 2024 and March 2024, Indio, CA real estate market has seen increase in the number of listings by 21.1%. The median list price of listings available in March 2024 was $530,000, while the average time on the real estate market was 65 days.

From Rocket Homes Real Estate and based on county public records data.

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