NOT LISTED FOR SALE

1 Bankside Dr Cathedral City, CA 92234

Downtown Cathedral City Neighborhood

Estimated Value: $280,000

0.35 Acre
$800,000 Price per Acre
15,246 Sq Ft Lot

Last Sold July 21, 2015

Last sale price $70,750

Est. 296% increase in value since last sale

Current estimated payment $2,006/month

18 Days on Market

About This Lot

As of July 2015

Large Corner lot Approximately 15,246 sq. ft., Level. Zoning is Multi-Family, 7 units possible per city. Owner may carry. Seller has another lot on Bankside Dr for sale (10,607 sq. ft. Priced at $62,500, 4 units possible per the city. APN: 687-092-002)

Last Agent to Sell the Property

Steve Welty

Steve Welty & Associates Inc License #00387455 Listed on: 05/14/2015

Steve Welty & Associates Inc

Last Buyer's Agent

Steve Welty

Steve Welty & Associates Inc License #00387455 Listed on: 05/14/2015

Steve Welty & Associates Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,899

Lot Details

  • 0.35

Property Views

  • Mountain
  • Desert

Additional Features

  • 0.35 Acre Lot
  • Sewer in Street

Community Details

  • Cathedral City Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 687101007

Property Details

Property Type

Land

Est. Annual Taxes

$5,899

Lot Details

0

Listing Details

  • Property Type: D
  • Builders Tract Code: NA336
  • Lp Sp Ratio: 0.8956
  • View Type: Desert, Mountain(s)
  • Internal Listing I D: 20190608124828421196000000
  • Listing I D: 215015458
  • Listing Member Address: 74-100 Old Prospector, Palm Desert, CA 92260
  • Listing Office Address: 74-100 Old Prospector, Palm Desert, CA 92260
  • Listing Office Fax: (760) 568-4785
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 74-100 Old Prospector, Palm Desert, CA 92260
  • Selling Office Address: 74-100 Old Prospector, Palm Desert, CA 92260
  • Selling Office Fax: (760) 568-4785
  • Land Type: Fee
  • Subdivision: Cathedral City Cove
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Sewer: In Street Paid

Lot Info

  • Assessor Parcel Number: 687101007
  • Lot Acres: 0.3500
  • Lot Size: 15246.00
  • List Price per Acre: 225714.29

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2022
Sold by
St Michael Investments
Bought by
Conrad J Lopes 2002 Family Trust
Current Estimated Value
$280,000

Purchase Details

Listed on
May 14, 2015
Closed on
Jul 14, 2015
Sold by
Sttc Llc
Bought by
Saint Michael Investments Lp
Seller's Agent
Steve Welty
Steve Welty & Associates Inc
Buyer's Agent
Steve Welty
Steve Welty & Associates Inc
List Price
$79,000
Sold Price
$70,750
Premium/Discount to List
-$8,250
-10.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.53%

Purchase Details

Closed on
Feb 4, 2014
Sold by
Towers Golden Hill
Bought by
Sttc Llc

Purchase Details

Closed on
Nov 1, 2005
Sold by
Goodell Jon
Bought by
Golden Hill Towers Llc

Purchase Details

Closed on
May 6, 2002
Sold by
Naanes Dorothy W and Depatie Dorothy M
Bought by
Goodell Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.71%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Conrad J Lopes 2002 Family Trust $220,000 --
Saint Michael Investments Lp $79,000 Stewart Title Of Ca Inc
Sttc Llc $65,600 None Available
Golden Hill Towers Llc -- Commonwealth Land Title Co
Goodell Jon $80,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goodell Jon $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2015 07/21/15 Sold $70,750 -10.4% --
05/14/2015 05/14/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $79,000 -- --
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,899 $228,888 $228,888 --
2023 $5,899 $89,884 $89,884 $0
2022 $4,301 $88,122 $88,122 $0
2021 $4,295 $86,395 $86,395 $0
2020 $4,224 $85,510 $85,510 $0
2019 $4,206 $83,834 $83,834 $0
2018 $4,188 $82,191 $82,191 $0
2017 $4,166 $80,580 $80,580 $0
2016 $4,131 $79,000 $79,000 $0
2015 $3,975 $67,318 $67,318 $0
2014 -- $94,511 $94,511 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Welty

    Seller's Agent in 2015

    Steve Welty

    Steve Welty & Associates Inc

    (760) 773-5538

    363 Total Sales

    Steve Welty
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Map

Source: California Desert Association of REALTORS®

MLS Number: 215015458

California Desert Association of REALTORS®

APN: 687-101-007

California Riverside County Cathedral City 92234 Downtown Cathedral City

1 Bankside Dr, Cathedral City, CA

This home is located at 1 Bankside Dr, Cathedral City, CA 92234 since 14 May 2015 and is currently estimated at $280,000. 1 Bankside Dr is a home located in Riverside County with nearby schools including Rancho Mirage Elementary School, Nellie N. Coffman Middle School, and Cathedral City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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