NOT LISTED FOR SALE

Estimated Value: $468,000 - $500,000

3 Beds
2.5 Baths
1,607 Sq Ft
$301/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $340,000 $212 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,257/month

338 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • 2 Car Attached Garage
  • Mountain View
  • Great Room with Fireplace
  • Tile Countertops

About This Home

As of January 2021

This wonderful home is located in the community of Verano in Cathedral City, California. It sits on a corner lot with a beautiful view of the mountains from the front patio. The moment you enter the home you're met with a very spacious great room with vaulted ceilings that's great for entertaining. The kitchen is open and bright with plenty of cabinet space, a pantry and tile counters and features a newer Kenmore Elite dishwasher and a newer Kenmore Elite refrigerator. There's three bedrooms, two full baths and a powder room. There's a lovely front porch, a covered courtyard area plus an additional patio in the back that has a beautiful view of the mountains to the west. The 2-car garage is located off an alley that's designed specifically for entering and exiting the garages in the community. The home is conveniently located on the north side of Cathedral City with close access to the I-10 freeway and within walking distance to Rio Vista Elementary School and the newly renovated community clubhouse, gym, pool and other community amenities. Verano is conveniently located within driving distance to the Empire Polo Club, home to the Coachella Valley Music and Arts Festival, and the Stagecoach Festival; and the Indian Wells Tennis Garden, home to the BNP Paribas Open.

Last Agent to Sell the Property

Mark Wasserman

Berkshire Hathaway HomeServices California Properties License #01895485 Listed on: 02/22/2020

Co-Listed By

Mark Wasserman

Berkshire Hathaway HomeServices California Properties License #01895485

Last Buyer's Agent

Khris Jung

Sunset Realty License #01981186

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,213

Year Built

  • Built in 2004

Lot Details

  • 5,227 Sq Ft Lot
  • West Facing Home
  • Sprinkler System

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,607 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Mountain Views
  • Security System Owned
  • Gas Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Schools

  • Rio Vista Elementary School

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 677563013
  • Special Tax Authority

Community Details

Overview

  • Verano Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,213

Year Built

Built in 2004

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West
  • Levels: Ground
  • Building Number Of Stories: 1
  • Entry Floor: 1
  • Included In Sale: Refrigerator.
  • List Price per Sq Ft: 217.80
  • Lp Sp Ratio: 0.9700
  • View Type: Mountain(s)
  • Year Built: 2004
  • Co Listing Member Address: 74-990 Highway 111, Indian Wells, CA 92210
  • Co Listing Member Fax: (760) 360-7408
  • Co Listing Office Address: 74-990 Highway 111, Indian Wells, CA 92210
  • Listing I D: 219039647
  • Listing Office Address: 74-990 Highway 111, Indian Wells, CA 92210
  • Selling Office Address: 1130 Roddy Way, La Habra, CA 90631
  • Land Type: Fee
  • Subdivision: Verano
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Dryer Hookup, Microwave Oven
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Kitchen Features: Tile Counters
  • Estimated Sq Ft: 1607.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Security: Security System Owned
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Amenities: Clubhouse
  • HOA Information: Yes
  • HOA Fee 1: 180.00
  • Total Monthly Association Fees: 180.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 677563013
  • Irrigation: Sprinkler System
  • Lot Acres: 0.1199
  • Lot Size: 5227.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Yes

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary School: Rio Vista
  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2020
Closed on
Dec 30, 2020
Sold by
Pellum William Earl and Pellum Leanna Joy
Bought by
Alba Miguel
Seller's Agent
Mark Wasserman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Khris Jung
Sunset Realty
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Current Estimated Value
$484,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,423
Avg. Annual Appreciation
7.93%
Original Mortgage
$333,841
Outstanding Balance
$298,429
Interest Rate
2.67%
Mortgage Type
FHA
Estimated Equity
$185,994

Purchase Details

Listed on
Dec 13, 2017
Closed on
Feb 26, 2018
Sold by
Edwards Bridges W
Bought by
Pellum William Earl and Pellum Leanna Joy
Seller's Agent
C.R. Silva
HomeSmart Professionals
Buyer's Agent
David Lyle
Douglas Elliman of California, Inc.
List Price
$269,000
Sold Price
$257,000
Premium/Discount to List
-$12,000
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$262,525
Interest Rate
4.32%
Mortgage Type
VA

Purchase Details

Closed on
Aug 13, 2003
Sold by
Sol Pacific Llc
Bought by
Edwards Bridges W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Alba Miguel $345,000 Lawyers Title Company
Pellum William Earl $257,000 First American Title Company
Edwards Bridges W $190,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alba Miguel $333,841
Previous Owner Pellum William Earl $262,525
Previous Owner Edwards Bridges W $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $340,000 -2.9% $212 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
10/19/2020 10/19/20 For Sale $350,000 0.0% $218 / Sq Ft
10/19/2020 10/19/20 Price Changed $350,000 +2.9% $218 / Sq Ft
09/10/2020 09/10/20 Off Market $340,000 -- --
07/01/2020 07/01/20 For Sale $344,999 0.0% $215 / Sq Ft
07/01/2020 07/01/20 Price Changed $344,999 +1.5% $215 / Sq Ft
05/09/2020 05/09/20 Off Market $340,000 -- --
02/22/2020 02/22/20 For Sale $345,000 +34.2% $215 / Sq Ft
03/23/2018 03/23/18 Sold $257,000 -0.8% $160 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
02/01/2018 02/01/18 Price Changed $259,000 -3.7% $161 / Sq Ft
12/13/2017 12/13/17 For Sale $269,000 -- $167 / Sq Ft
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 $6,213 $368,026 $92,006 $276,020
2023 $6,213 $353,736 $88,434 $265,302
2022 $6,086 $346,800 $86,700 $260,100
2021 $5,686 $270,151 $67,537 $202,614
2020 $5,450 $267,382 $66,845 $200,537
2019 $5,206 $262,140 $65,535 $196,605
2018 $5,177 $257,000 $63,000 $194,000
2017 $4,823 $238,000 $60,000 $178,000
2016 $4,755 $238,000 $60,000 $178,000
2015 $4,169 $198,000 $50,000 $148,000
2014 $4,031 $187,000 $47,000 $140,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219039647

California Desert Association of REALTORS®

APN: 677-563-013