NOT LISTED FOR SALE

28160 Landau Blvd Cathedral City, CA 92234

Panorama Neighborhood

Estimated Value: $653,000 - $701,000

6 Beds
4 Baths
2,918 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 28, 2015

Last sale price $332,000 $114 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,206/month

12 Days on Market

Highlights

  • Santa Fe Architecture
  • Ceiling Fan
  • Paved or Partially Paved Lot
  • Central Air

About This Home

As of July 2015

Presenting a Santa Fe style duplex that sits directly across from the Desert Princess. The subject was built in 2004 and sold for $600,000 on 6/15/2006. This is a very large, very well designed duplex at 2,918 square feet. Large volume ceilings with 3 bedroom 2 bath units per side. Each side has it's own full two car garage, side yard and sliding glass doors leading out to a large patio off the kitchen. Side A is occupied, do not bother tenant. Side B was recently taken down to a shell and completely remodeled with a brand new custom kitchen including slab granite, custom island, custom cabinets, lighting and stainless steel appliances. Living, dining, kitchen and bath have brand new custom tile floors, new carpets in bedrooms, and new paint inside and out. Brand new bathrooms including matching slab granite and new cabinets. Easy care desert landscaping keeps the maintenance cost down. This duplex will fetch top rents. It's perfect for an owner user or bread and butter investor.

Last Agent to Sell the Property

David Leventhal

License #01133285 Listed on: 05/28/2015

Last Buyer's Agent

Out Side Agent

Desert Real Estate Consultants, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,370

Year Built

  • Built in 2004

Lot Details

  • 8,276 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • 4 Car Garage

Home Design

  • Santa Fe Architecture

Interior Spaces

  • 2,918 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Air
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 675051008

Community Details

Overview

  • 2 Units
  • Panorama Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,370

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Price Per Unit: 174500.00
  • Building Style: Santa Fe
  • List Price per Sq Ft: 119.60
  • Lp Sp Ratio: 0.9513
  • Year Built: 2004
  • Internal Listing I D: 20190608184702604646000000
  • Listing I D: 215016468
  • Listing Member Address: 18565 Soledad Cyn Rd., #300, Canyon Country, CA 91351
  • Listing Office Address: 18565 Soledad Cyn Rd., #300, Canyon Country, CA 91351
  • Listing Office Fax: (661) 251-4700
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Fax: (760) 999-9999
  • Land Type: Fee
  • Subdivision: Panorama
  • Unit Information Number Of Units Leased: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 2918.00

Garage/Parking

  • Parking Info Total Garage Spaces: 4.00
  • Parking Info Total Parking Spaces: 4.00

Utilities

  • Number Electric Meters: 2
  • Number Water Meters: 1
  • Cooling Type: Ceiling Fan(s), Central Air
  • Sewer: In, Connected and Paid
  • Water: In Street
  • Water Heater Feature: Gas
  • Number Gas Meter: 2
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 675051008
  • Lot Description: Alley Paved
  • Lot Size: 8276.00

Rental Info

  • Owner Pays: Water
  • Land Lease Type: Fee Simple

Multi Family

  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2015
Closed on
Jun 10, 2015
Sold by
Resolution Fund Management Series 12 3
Bought by
Battimo Maximiliano
Seller's Agent
David Leventhal
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$349,000
Sold Price
$332,000
Premium/Discount to List
-$17,000
-4.87%
Current Estimated Value
$674,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,465
Avg. Annual Appreciation
7.16%
Original Mortgage
$249,000
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 2010
Sold by
Perkins Mary
Bought by
Resolution Fund Management Series 123

Purchase Details

Closed on
Sep 23, 2009
Sold by
Perkins Mary and Cisneros Victor
Bought by
Perkins Mary

Purchase Details

Closed on
Jul 2, 2009
Sold by
Perkins Mary
Bought by
Perkins Mary and Cisneros Victor

Purchase Details

Closed on
Oct 15, 2008
Sold by
Perkins Mary
Bought by
Perkins Mary and Duran Linda

Purchase Details

Closed on
Mar 25, 2008
Sold by
Perkins Mary E
Bought by
Brite Investment

Purchase Details

Closed on
Apr 26, 2006
Sold by
Niese Duane M and Niese Alice L
Bought by
Perkins Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
10.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2006
Sold by
Windcrest Development Inc
Bought by
Niese Duane M and Niese Alice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
10.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2002
Sold by
Baldi Pasquale and Baldi Maria
Bought by
Windcrest Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.96%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Battimo Maximiliano $332,000 First Amer Title Co Resident
Resolution Fund Management Series 123 $175,920 None Available
Perkins Mary -- None Available
Perkins Mary -- None Available
Perkins Mary -- None Available
Brite Investment -- None Available
Perkins Mary $600,000 Landsafe Title
Niese Duane M $143,772 None Available
Windcrest Development $100,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Battimo Maximiliano $249,000
Previous Owner Resolution Fund Management $0
Previous Owner Resolution Fund Management Series 12 4 $2,000,000
Previous Owner Perkins Mary $532,000
Previous Owner Windcrest Development $25,000
Previous Owner Windcrest Development Inc $30,000
Previous Owner Windcrest Development Inc $100,000
Previous Owner Wild Crest Development Inc $130,000
Previous Owner Windcrest Development $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2015 07/28/15 Sold $332,000 -4.9% $114 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $349,000 -- $120 / 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 $6,370 $393,013 $98,251 $294,762
2023 $6,370 $377,754 $94,437 $283,317
2022 $6,139 $370,348 $92,586 $277,762
2021 $5,933 $363,087 $90,771 $272,316
2020 $5,635 $359,365 $89,841 $269,524
2019 $5,510 $352,320 $88,080 $264,240
2018 $5,436 $345,412 $86,353 $259,059
2017 $5,335 $338,640 $84,660 $253,980
2016 $5,191 $332,000 $83,000 $249,000
2015 $4,028 $245,178 $31,979 $213,199
2014 -- $240,377 $31,353 $209,024
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    David Leventhal

  • O

    Buyer's Agent in 2015

    Out Side Agent

    Desert Real Estate Consultants, Inc.

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 215016468

California Desert Association of REALTORS®

APN: 675-051-008

California Riverside County Cathedral City 92234 Panorama

28160 Landau Blvd, Cathedral City, CA

This home is located at 28160 Landau Blvd, Cathedral City, CA 92234 since 28 May 2015 and is currently estimated at $674,465, approximately $231 per square foot. This property was built in 2004. 28160 Landau Blvd is a home located in Riverside County with nearby schools including Rio Vista Elementary School, James Workman 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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