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For sale
  • Listed by: HomeSmart • Suzette Hart • Contact: 760-777-2411
    $245,000

    48255 Monroe St APT 12, Indio, CA 92201

    1beds
    857sqft
    : 
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    Condominium
    Built in 1980
    -- sqft lot
    $237,300 Zestimate®
    $286/sqft
    $858/mo HOA

    What's special

    BACK ON THE MARKET!! Short Sale has been approved. Turnkey, end unit loft condo, with views of the waterway, tennis courts and common area gazebo. Inside the complex you will discover well maintained landscaping. The unit comes with a smart security system and a single car detached garage. This is a prime location, just blocks from the Polo/Festival grounds, close to shopping and multiple golf courses. The loft layout is great for renters and is amazing for STRs (with HOA approval and a license). Quail Lakes is a gated community with a club house, pool, hot tub & tennis courts. The back patio looks out onto the ''lazy river'' and has it's own private laundry area(in the patio closet). Kitchen, dining area, desk space, living room and remodeled half bath are on the first level. Main bedroom/loft, partially remodeled main bath with 2 closets is on the second level. There is all NEW LVP flooring downstairs. Upstairs has carpet in the bedroom. This would make a great desert getaway or investment property - This complex is an FHA Approved Complex.. Call today to schedule an appointment to see this home.
    65 days
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    91
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    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Suzette Hart DRE #02095219 760-777-2411,

    HomeSmart,

    Amber Placentia & Assoc... DRE #02004287 760-835-3764,

    HomeSmart

    Source: CRMLS,MLS#: 219144779DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bedroom, Loft, Living Room, Primary Bedroom, Dining Room
      Primary bedroom
      • Features: Primary Suite
      Bedroom
      • Features: All Bedrooms Up
      Bathroom
      • Features: Bathtub, Remodeled, Separate Shower
      Kitchen
      • Features: Tile Counters
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
      • Laundry: Laundry Closet, Outside
      Features
      • Breakfast Bar, Cathedral Ceiling(s), Separate/Formal Dining Room, High Ceilings, All Bedrooms Up, Loft, Primary Suite
      • Flooring: Carpet, Laminate, Vinyl
      • Windows: Blinds, Double Pane Windows, Drapes
      • Has fireplace: No
      Interior area
      • Total interior livable area: 857 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage, Garage Door Opener
      • Garage spaces: 1
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Concrete, Covered
      • Fencing: None
      • Has view: Yes
      • View description: Park/Greenbelt, Water
      • Has water view: Yes
      • Water view: Water
      Lot
      • Features: Planned Unit Development
      Details
      • Parcel number: 616211012
      • Special conditions: Short Sale

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Traditional
      • Property subtype: Condominium
      Materials
      • Stucco
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 1980

      Community & HOA

      Community
      • Features: Gated
      • Security: Gated Community
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Controlled Access, Sport Court, Fitness Center, Maintenance Grounds, Management, Barbecue, Picnic Area, Recreation Room, Tennis Court(s)
      • HOA fee: $858 monthly
      • HOA name: Quail Lakes Racquet Club
      • HOA phone: 760-346-1161
      Location
      • Region: Indio

      Financial & listing details

      • Price per square foot: $286/sqft
      • Tax assessed value: $249,389
      • Annual tax amount: $3,773
      • Date on market: 3/13/2026
      • Listing terms: Cash,Cash to New Loan,Conventional,FHA
      • Inclusions: Refrigerator, Dishwasher, Microwave, gas range.
      • Exclusions: Washer/Dryer

        Estimated market value

        $237,300

        $225,000 - $249,000

        $2,146/mo

        Price history

        DateEventPrice
        6/4/2026Listed for sale$245,000-4.9%$286/sqft
        Source: Greater Palm Springs Realtors #219144779 Report a problem
        4/16/2026Listing removed$257,500$300/sqft
        Source: Greater Palm Springs Realtors #219144779 Report a problem
        4/3/2026Price change$257,500-0.6%$300/sqft
        Source: CDAR/ Desert Area MLS #219144779 Report a problem
        3/14/2026Listed for sale$259,000+5.9%$302/sqft
        Source: CDAR/ Desert Area MLS #219144779 Report a problem
        11/6/2023Sold$244,500-2.2%$285/sqft
        Source: CRMLS #TR23169306 Report a problem
        10/10/2023Pending sale$249,900$292/sqft
        Source: CRMLS #TR23169306 Report a problem
        9/14/2023Listed for sale$249,900+96.8%$292/sqft
        Source: CRMLS #TR23169306 Report a problem
        5/14/2021Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        4/9/2021Listed for rent$1,399+39.9%$2/sqft
        Source: Zillow Rental Network Premium Report a problem
        2/16/2019Listing removed$1,000$1/sqft
        Source: Whitestar Management, Inc. Report a problem
        2/7/2019Listed for rent$1,000$1/sqft
        Source: Whitestar Management, Inc. Report a problem
        1/10/2019Sold$127,000$148/sqft
        Source: CDAR/ Desert Area MLS #218024192 Report a problem
        10/30/2018Pending sale$127,000$148/sqft
        Source: Keller Williams Realty #218024192 Report a problem
        10/12/2018Price change$127,000+4.1%$148/sqft
        Source: Keller Williams Realty #218024192 Report a problem
        9/11/2018Pending sale$122,000$142/sqft
        Source: Keller Williams Realty #218024192 Report a problem
        9/1/2018Listed for sale$122,000+1.7%$142/sqft
        Source: Keller Williams Realty #218024192 Report a problem
        9/2/2004Sold$120,000$140/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,773 +2.4%$249,389 +2%
        2024$3,683 +56.6%$244,500 +79.6%
        2023$2,353 +4.7%$136,165 +2%
        2022$2,247 +4.6%$133,496 +2%
        2021$2,149 +4.9%$130,880 +1%
        2020$2,049 -0.3%$129,539 -1.1%
        2019$2,056 +3.2%$131,040 +4%
        2018$1,992 +9.7%$126,000 +14.5%
        2017$1,815 $110,000 +14.6%
        2016$1,815 +25.1%$96,000 +6.7%
        2015$1,451 +13.5%$90,000 +20%
        2014$1,278 $75,000 +50%
        2013-- $50,000 -2%
        2012-- $51,000 +15.9%
        2011-- $44,000 -32.3%
        2010-- $65,000 -3%
        2009-- $67,000 -47.4%
        2008-- $127,344 +2%
        2007-- $124,848 +2%
        2006-- $122,400 +2%
        2005-- $120,000 +140%
        2003-- $50,000
        2002-- $50,000 +42.9%
        2001$542 +10.7%$35,000 +16.7%
        2000$490 $30,000

        Find assessor info on the county website

        Monthly payment

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 92201

        Getting around

        33 / 100
        Car-Dependent
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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