48841 Andorra, Indio, California 92201, Indio, 92201 - 4 bed, 3 bath
ACTIVE$565,000$2,754/sqft
Est. Value: $595,357
5%
BelowEstimate
48841 Andorra, Indio, California 92201
4Beds
3Baths
2,754Sqft
9,148Lot
Price Vs. Estimate
The estimated value ($595,356.76) is $30,356.76 (5%) higher than the list price ($565,000). This property may be underpriced.
Key pros and cons
Top Pros:
No Homeowners Association (HOA): The absence of an HOA means no recurring fees and greater freedom for property modifications, offering significant cost savings and flexibility to the buyer.
Top Cons:
Short Sale Status: Being a short sale, the transaction process is typically more complex, lengthy, and uncertain, requiring specific expertise and patience from the buyer.
Compared to the nearby listings
Price:$565.0K vs avg $550.0K (+$15,000)51%
Size:2,754 sqft vs avg 1,928 sqft91%
Price/sqft:$205 vs avg $3012%
More Insights
Built in 1994 (32 years old).
Condition: The property was built in 1994, making it 30 years old. While the exterior appears to be in decent condition from the single provided image, there are no interior photos to assess the kitchen, bathrooms, or other critical areas. Given its age, it's highly probable that the major systems, kitchen appliances, light fixtures, flooring, and bathroom finishes are original or have not been updated in over 15-20 years, suggesting they are functional but likely outdated. The MLS listing itself identifies 'Property Age' as a weakness, implying a need for updates to meet modern standards. This aligns with the 'Fair' condition criteria, indicating an aged home that is maintained but shows signs of being outdated and may require minor updates or repairs.
Year Built
1994
Close
-
List price
$565K
Original List price
$565K
Price/Sqft
$205
HOA
-
Days on market
-
Sold On
-
MLS number
GD25281560
Home ConditionFair
Features
View-
About this home
Property is a short sale. 4 bedrooms, 2.5 bathrooms. No HOA!
D
Diana Avanesova
Listing Agent
Nearby schools
3/10
Mountain Vista Elementary School
Public,•K-6•1.1mi
3/10
Cahuilla Desert Academy Junior High
Public,•7-8•2.9mi
3/10
Coachella Valley High School
Public,•9-12•5.1mi
Price History
Date
Event
Price
05/27/22
Sold
$925,000
12/05/19
Sold
$425,000
03/29/17
Sold
$335,000
06/23/06
Sold
$520,000
Condition Rating
Fair
The property was built in 1994, making it 30 years old. While the exterior appears to be in decent condition from the single provided image, there are no interior photos to assess the kitchen, bathrooms, or other critical areas. Given its age, it's highly probable that the major systems, kitchen appliances, light fixtures, flooring, and bathroom finishes are original or have not been updated in over 15-20 years, suggesting they are functional but likely outdated. The MLS listing itself identifies 'Property Age' as a weakness, implying a need for updates to meet modern standards. This aligns with the 'Fair' condition criteria, indicating an aged home that is maintained but shows signs of being outdated and may require minor updates or repairs.
Pros & Cons
Pros
No Homeowners Association (HOA): The absence of an HOA means no recurring fees and greater freedom for property modifications, offering significant cost savings and flexibility to the buyer.
Spacious Interior: With 2754 square feet, the property offers ample living space for a 4-bedroom home, accommodating various family needs and activities.
Generous Lot Size: The 9148 square foot lot provides substantial outdoor space, offering potential for landscaping, a pool, or outdoor entertaining areas.
Elementary School Proximity: Mountain Vista Elementary School is conveniently located just 1.12 miles away, a significant advantage for families with young children.
Potential Value Proposition: Currently listed at $565,000, the property sold for $925,000 in May 2022, indicating a substantial price reduction that could represent a strong investment opportunity for buyers willing to navigate a short sale.
Cons
Short Sale Status: Being a short sale, the transaction process is typically more complex, lengthy, and uncertain, requiring specific expertise and patience from the buyer.
Property Age: Built in 1994, the home is 30 years old, which may imply a need for updates to systems (e.g., HVAC, plumbing, electrical) or aesthetic renovations to meet modern standards.
Lack of Views: The property explicitly states 'None' for views, which can be a drawback for buyers prioritizing scenic surroundings and may impact resale value in some markets.