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48987 Hope Ln

Indio, CA 92201

2 bd 3 ba 1,494 sqft Built 1975 Lot 2,614 sqft condo
Most recent sale
$375,000
Sep 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 13, 2022 Sold $375,000 MLS #IV22124644
Jun 12, 2022 Listed $399,000 MLS #IV22124644
Aug 11, 2020 Listing removed $243,900 PalmSprings
Aug 11, 2020 Sold $235,000 MLS #19442378
Jun 20, 2020 Price changed $243,900 MLS #19442378
Jan 31, 2020 Price changed $249,900 MLS #19442378
Dec 11, 2019 Price changed $254,900 MLS #19442378
Mar 9, 2019 Listed $260,000 MLS #19442378
Feb 7, 2019 Sold $180,000 MLS #300720557
Dec 18, 2018 Listed $190,000 MLS #300720557
Apr 18, 2002 Sold $124,000 Public Record
Jul 15, 1998 Sold $102,000 Public Record
Aug 21, 1991 Sold $78,500 Public Record
Feb 1, 1984 Sold $88,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $353,736 $36,414 $390,150 $5,785
2024 $353,736 $36,414 $390,150 $5,662
2023 $340,000 $35,000 $375,000 $5,491
2022 $204,000 $35,700 $239,700 $3,680
2021 $200,000 $35,000 $235,000 $3,529
2020 $179,520 $4,080 $183,600 $2,826
2019 $124,473 $39,717 $164,190 $2,479
2018 $122,033 $38,939 $160,972 $2,417
2017 $119,641 $38,176 $157,817 $2,377
2016 $117,296 $37,428 $154,724 $2,342
2015 $115,535 $36,867 $152,402 $2,305
2014 $113,273 $36,146 $149,419 $2,270
2013 $85,000 $27,000 $112,000 $1,802
2012 $81,000 $26,000 $107,000 $1,705
2010 $103,000 $33,000 $136,000 $2,005
2009 $107,832 $34,412 $142,244 $2,032
2008 $105,718 $33,738 $139,456 $1,972
2007 $103,646 $33,077 $136,723 $1,900

Property facts

Year built
1975
Property type
condo
Stories
1
Beds
2
Baths
3
Living area
1,494 sqft
Lot size
2,614 sqft
ZIP code
92201
City
Indio
Street
Hope Ln
Coordinates
33.69282, -116.23264

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,250
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 48987 Hope Ln last sell?
48987 Hope Ln most recently sold on Sep 13, 2022 for $375,000.
What is the current tax assessment for 48987 Hope Ln?
The most recent total assessment for 48987 Hope Ln (year 2025) is $390,150 with $5,785 in property tax.
How does 48987 Hope Ln's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $375,000.
When was 48987 Hope Ln built?
48987 Hope Ln was built in 1975.
How does 48987 Hope Ln compare to others on Hope Ln?
We track 2 other properties on Hope Ln. Browse the list under "Other properties on Hope Ln" to compare beds, baths, and sale history.
What are the property facts for 48987 Hope Ln?
48987 Hope Ln is a 2 bed, 3 bath, 1,494 sqft, 2,614 sqft lot condo.
Is 48987 Hope Ln a flip candidate?
Yes — 48987 Hope Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 48987 Hope Ln a tax-appeal candidate?
No — 48987 Hope Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.4%
Implied 1-yr
+17.7%
2026 Q3
$865K
2026 Q4
$894.7K
ZIP 92201 — Median Price History + Forecast

Explore nearby

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