48792 Spring Rain Court Indio, CA 92201

$860,000 Sold Price as of 01/25/2021

4 Beds
2 Baths
2,888 Sq.Ft.

Off Market

$860,000 Sold Price as of 01/25/2021 Refinance Your Mortgage

Map preview of 48792 Spring Rain Court, Indio, CA 92201

Property Overview: 48792 Spring Rain Court Indio, CA has 4 bedrooms, 2 bathrooms, 2,888 living square feet and 14,810 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

48792 Spring Rain Court is currently an off market home in the city of Indio. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Indio has a median list price of $599,000. The median price per/sqft for Indio is $308. With those numbers in mind, if you are looking to purchase a median priced home in Indio, CA and put 20% down you will need to save up $119,800 for the down payment and will need roughly $11,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Indio the commission could be as much as $26,250. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 48792 Spring Rain Court

Last sold for $860,000 on January 25th, 2021

February, 2024
Feb 8, 2024

Date

Expired

CRMLS: 219101056DA

$1,390,000

Price
Oct 9, 2023

Date

Active

CRMLS: 219101056DA

$1,450,000

Price
Listing provided courtesy of CRMLS

Welcome to the prestigious Montage subdivision in Indio, CA, where an incredible investment opportunity awaits. This stunning vacation rental property, nestled in the heart of a thriving community. Its prime location just blocks away from the renowned Indio polo fields, hosting the famous Coachella and Stagecoach concerts, ensures a consistent stream of potential guests seeking unforgettable experiences. As you step inside this exquisite house, you'll be greeted by a spacious and thoughtfully designed interior spanning across 4 bedrooms and 3 bathrooms. Every room has been meticulously furnished to provide a comfortable and stylish environment, making it an ideal turnkey investment opportunity. Situated on a generous half-acre lot, the property boasts abundant space for outdoor recreation and relaxation. Imagine lounging by the poolside, basking in the warm California sun, or hosting memorable gatherings in the expansive backyard. The possibilities are endless for creating cherished memories in this picturesque setting. For those seeking an outstanding investment opportunity, this turnkey furnished property presents an irresistible proposition. With its prime location, luxurious features, and proven track record of substantial rental income, this house is poised to provide an exceptional return on investment.

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September, 2023
Sep 11, 2023

Date

Canceled

CRMLS: SR23082951

$1,500,000

Price
May 13, 2023

Date

Active

CRMLS: SR23082951

$1,750,000

Price
Listing provided courtesy of CRMLS

This immaculate home is in the Montage community on an expansive corner lot! Enter through the private gated courtyard into this remarkable home of resort style living, bright and open floor plan. Gourmet kitchen with granite counters, breakfast bar, double oven, stainless steal appliances and cozy breakfast nook with views of the fabulous backyard and adjacent to the relaxing great room with fireplace and custom-built ins. Lavish master suite with walk in closet and additional closet, tiled shower, separate tub, dual sinks, and French doors to the amazing backyard. Two guest suites where one bathroom has roll in shower and has travertine from top to bottom including the floors and counters. Magnificent yard with a 50 ft Pebble Tech lap pool, spa and easy to maintain landscape. Fruit trees, V-Cool window tint, 3-car garage and much more. A must see!

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January, 2021
Jan 25, 2021

Date

Sold (Public Records)

Public Records

$860,000

Price
November, 2010
Nov 18, 2010

Date

Sold (Public Records)

Public Records

$460,000

Price

Tax History for 48792 Spring Rain Court

Assessed Value (2020): $538,869

Year	Land Value	Improved Value	Assessed Value
2020	$161,658	$377,211	$538,869

About 48792 Spring Rain Court

Detailed summary of property

48792 Spring Rain Court is a single family home in Indio, CA 92201 and last sold on January 25, 2021 for $860,000. This house has 4 bedrooms, 2 bathrooms, roughly 2,888 living square feet, and sits on an approximately 14,810 square foot lot. Homes in Indio are selling for a median price of $525,000 and a median price per square foot of $280. Based on Ardent Real Estate Group's Indio Market Data, this home is sold 63.81% higher than the current median priced home. 48792 Spring Rain Court was last sold on January 25, 2021 for $860,000. Local nearby listings include 1728 Arden Ave, 1765 Dumbarton Ave and 1676 Dumbarton Ave. The average home in Indio, CA is selling in 83 days. There are currently 489 homes for sale in the Indio real estate market and 465 of them are single family homes while 24 of them are condos and 0 are townhomes. If you are the homeowner and looking to sell the home at 48792 Spring Rain Court Indio, CA 92201 contact Ardent Real Estate Group and we will put you in touch with one of our Indio agents.

Public Facts for 48792 Spring Rain Court

Public county record property details

Beds: 4
Baths: 2
Year built: 2004
Sq. Ft.: 2,888
Lot Size: 14,810
Stories: 1

Type: Single Family Residential
Pool: Yes
Spa: No
County: Riverside
Lot#: 46
APN: 602-420-026

The source for these homes facts are from public records.

92201 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$599,000

Median List Price/Sq.Ft.

$326

Median Sold Price

$490,000

Median Sold Price/Sq.Ft.

$298

Total Inventory

270

Median Sale to List Price %

96.08%

Avg Days on Market

Loan Type

Conventional (34.88%), FHA (18.6%), VA (2.33%), Cash (23.26%), Other (11.63%)

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