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Backup Offers

48255 Monroe St Unit 61, Indio, CA, 92201

$275,000

Home List Price

$3,266*

Closing Credit

2 Bedrooms
2 Full Baths
998 SqFt
$276/SqFt
Condo
Schools Nearby

Location

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48255 Monroe St Unit 61, Indio$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Garage
Garage1 space
Year Built1980
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewNeighborhood, Pool, Water
MLS #OC24052762
StatusAccepting Backup Offers
(Active Under Contract)

About 48255 Monroe St Unit 61

Welcome to this upgraded 2-bedroom, 2-bathroom condo nestled in the FHA Approved and gated Quail Lakes Community of Indio. Offering a unique blend of comfort and convenience, this condo has undergone extensive renovations, including new luxury vinyl flooring and fresh interior paint throughout. The thoughtfully designed floor plan features 2 generously sized bedrooms and 2 remodeled bathrooms, each adorned with stylish backlit mirrors for a touch of modern elegance. Additionally, recessed lighting illuminates the space, creating a warm and inviting ambiance. The full kitchen remodel boasts stainless steel appliances, custom cabinetry, and quartz countertops, making it a culinary delight. Enjoy the added charm of a vaulted ceiling in the living area. The lushly landscaped Quail Lakes Racquet Club community offers resort-style amenities including a large pool with spa, clubhouse, tennis and pickleball courts, winding paths, and a charming gazebo. The HOA also includes some utilities such as gas and water. Just blocks away from Coachella and Stagecoach music festivals, short term rentals are allowed during festival months. This home will not last!

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Stories: 1
  • Living Area: 998 SqFt

Listing Office:

  • Office Name: Realty One Group West
  • Office Phone: (949) 923-0930
  • Listing Agent: Joseph Demetry

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range
  • Interior: Quartz Counters, Recessed Lighting
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood, Pool, Water

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Assigned, Garage

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Monroe St towards Central Indio, right on Monroe St, enter gate

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $276/SqFt

HOA Fees:

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

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

Med. Sold Price

$530K

Med. Price/SqFt

$284

Avg. Days On Market

65

# of Sold Homes

80

48255 Monroe St Unit 61 vs Indio

44 DAYS ON ROCKET

-21 Days

$275,000

-$255K Less

$276/SqFt

-$9 Less

KEY TAKEAWAY

This property is $255K less than the Median Sold Price and $9/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: #OC24052762

Listing Office:

  • Office Name: Realty One Group West
  • Office Phone: (949) 923-0930
  • Listing Agent: Joseph Demetry

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: 4/29/2024, 10:25:19 AM 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.

Payment Calculator

$2,037

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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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-3060101
5
/10
  • Dr. Reynaldo J. Carreon Jr. Academy

  • 47368 Monroe St

  • 0.48 miles

  • Public Magnet Grades KG-5

school-card-donut-3060102
4
/10
  • Mountain Vista Elementary School

  • 49750 Hjorth St

  • 0.95 miles

  • Public District Grades KG-6

school-card-donut-3060103
4
/10
  • Theodore Roosevelt Elementary School

  • 83200 Doctor Carreon Blvd

  • 1.42 miles

  • Public District Grades KG-5

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. Most families are married, no kids. 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 61

What is the listing price of this property?

The listing price of 48255 Monroe St Unit 61 property is $275,000.

What type of property is this?

The property 48255 Monroe St Unit 61 is a condo located in Indio, California, 92201.

Is this property for sale now?

Accepting Backup Offers: 48255 Monroe St Unit 61 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 61 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 48255 Monroe St Unit 61 is 998 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 48255 Monroe St Unit 61 is 1980.

Rocket HomesCaliforniaRiverside CountyIndio9220148255 Monroe St Unit 61

This home is located at 48255 Monroe St Unit 61 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 March 15, 2024 and is currently priced at $275,000.

In March 2024 more than 17 listings in Indio, CA were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 40 were sold below. The inventory of homes for sale in Indio, CA between February 2024 and March 2024 increased 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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