48255 Monroe Street 5, Indio, California 92201, Indio, 92201 - 2 bed, 2 bath
ACTIVE$309,900
48255 Monroe Street 5, Indio, California 92201
2Beds
2Baths
998Sqft
1,024Lot
Year Built
1980
Close
-
List price
$310K
Original List price
$310K
Price/Sqft
$311
HOA
$715
Days on market
-
Sold On
-
MLS number
219139703DA
Home ConditionGood
Features
Good View: Lake
Deck
ViewLake
About this home
We found 3 Cons,5 Pros. Rank: price - $309.9K(55th), sqft - 998(45th), beds - 2(50th), baths - 2(50th).
Quail Lakes in Indio offer this beautiful 2-bedroom 2 bath, the primary bedroom offers vaulted ceiling and custom closet built-ins. Unit very well maintained with updated painted cabinets, newer a/c, laminated flooring, newer windows throughout, and sliding doors must see to appreciate. This unit is on the top floor for those amazing views to the lakes from your own private balcony. Community offers pool and spa. Laundry area included also Parking garage
Nearby schools
3/10
Mountain Vista Elementary School
Public,•K-6•1.0mi
3/10
Cahuilla Desert Academy Junior High
Public,•7-8•2.1mi
3/10
Coachella Valley High School
Public,•9-12•4.3mi
Price History
Date
Event
Price
12/08/25
Listing
$309,900
05/06/24
Sold
$280,000
03/14/18
Sold
$144,000
06/24/10
Sold
$59,500
08/11/05
Sold
$168,000
06/07/02
Sold
$83,000
02/09/01
Sold
$59,000
Condition Rating
Good
Built in 1980, this property has undergone significant updates that elevate its condition. The description highlights 'updated painted cabinets, newer a/c, laminated flooring, newer windows throughout, and sliding doors,' indicating recent investments in major systems and cosmetic features. The kitchen features modern stainless steel appliances and painted white cabinets, making it functional and aesthetically pleasing, though the countertops suggest an older style. The laminate flooring is consistent throughout, and the property is described as 'very well maintained.' While not a full, high-end renovation, these updates make the unit move-in ready with no immediate renovation required, aligning with the 'Good' condition criteria.
Pros & Cons
Pros
Panoramic Lake Views: The top-floor unit offers 'amazing views to the lakes from your own private balcony,' enhancing desirability and lifestyle.
Extensive Recent Updates: Features 'updated painted cabinets, newer a/c, laminated flooring, newer windows throughout, and sliding doors,' indicating significant investment in modernization and reduced immediate repair needs.
Desirable Community Amenities: Access to a 'community pool and spa' along with a 'parking garage' and 'laundry area' provides convenience and recreational opportunities.
Well-Maintained Condition: Described as 'very well maintained,' suggesting a property that has been cared for, minimizing potential buyer concerns about neglect.
Primary Suite Enhancements: The primary bedroom boasts a 'vaulted ceiling and custom closet built-ins,' adding a touch of luxury and practical storage solutions.
Cons
High Monthly Association Fee: The 'association_fee: $715.0' is substantial for a 998 sqft condominium, significantly increasing the total monthly housing cost.
Property Age: Built in 1980, the property is over 40 years old, which may imply potential for aging infrastructure issues despite recent cosmetic updates.
Limited Living Space: With 998 sqft, the unit offers relatively compact living quarters for a 2-bedroom, 2-bath configuration, which might not suit all buyer needs.