NOT LISTED FOR SALE

28850 Landau Blvd Cathedral City, CA 92234

Panorama Neighborhood

Estimated Value: $518,000 - $663,000

5 Beds
3.5 Baths
2,425 Sq Ft
$258/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $625,000 $258 Per Sq Ft

Current estimated payment $4,234/month

21 Days on Market

Highlights

  • Additional Residence on Property
  • Secondary bathroom tub or shower combo
  • Laundry Room
  • Mountain View
  • Walk-In Closet
  • Tile Flooring

About This Home

As of September 2022

28850 LANDAU BLVD. 1 & 2, CATHEDRAL CITY - This two unit complex has two houses on one lot. Front house is a 2 Br + 1 Ba, 992 sq. ft. with one car garage built in 1981. Back house is a 3 Br + 2 1/2 bath, 1513 sq. ft. with a 2 car garage built in 1995. Total sq ft = 2425. Front house has a fireplace and private side yard, dishwasher, Central Cir & Swamp cooler, W/D hook-ups, garage door opener in attached garage. Back house features nice arch door ways and windows, inside laundry room, balcony off master bedroom, extra storage closets, large block wall back yard, garage door opener in attached garage. Carpet and tile in both. Nice grass yard in front and mature trees on property. Street light and sidewalk in front of property. Alley way in rear of property. Located near Panorama Park. Great views of mountains. Each property has separate large driveways and newer garage doors. Has a block wall perimeters. Front house has a newer roof. Awesome mountain views! Currently tenant occupied both tenants are on a month to month agreement.

Last Agent to Sell the Property

Kelly Desselle

Golden State Land License #00931260 Listed on: 07/21/2022

Last Buyer's Agent

Kelly Desselle

Golden State Land License #00931260 Listed on: 07/21/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,277

Year Built

  • Built in 1995

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 61 x 145
  • Fenced
  • Landscaped
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Back Yard

Home Design

  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,425 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Blinds
  • Living Room with Fireplace
  • Dining Area
  • Mountain Views

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Dryer Hookup

Parking

  • 3 Car Garage
  • 6 Parking Garage Spaces
  • Garage Door Opener
  • Driveway

Additional Homes

  • Additional Residence on Property

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Property is located within a water district
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener, water, trash collection
  • Assessor Parcel Number 675111010

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Panorama Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Net Operating Income $39,633

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,277

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Attached/Detached: No
  • Levels: One, Two
  • Building Number Of Stories: 1
  • Entry Location: Main Level
  • List Price per Sq Ft: 286.60
  • Lp Sp Ratio: 0.9000
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1995
  • Internal Listing I D: 20220721194427340608000000
  • Listing I D: 219082203
  • Listing Member Address: 10 Waterloo Ct, Rancho Mirage, CA 92270
  • Listing Office Address: 10 Waterloo Ct, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 406-9895
  • List Office Board Code: Palm Springs Association of Realtors
  • Selling Member Address: 10 Waterloo Ct, Rancho Mirage, CA 92270
  • Selling Office Address: 10 Waterloo Ct, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 406-9895
  • Land Type: Fee
  • Subdivision: Panorama
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave Oven, Gas/Elec Dryer Hookup, Electric Range
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Range Hood: Yes
  • Number Of Disposals: 2
  • Fireplace Features: Gas & Wood
  • Flooring: Carpet, Tile, Linoleum
  • Bedroom Features: Walk In Closet
  • Total Bedrooms: 5
  • Bathroom Features: Shower Over Tub
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Kitchen Features: Formica Counters
  • Laundry Equipment: Hook-Ups
  • Laundry: In Garage, Individual Room
  • Estimated Sq Ft: 2425.00
  • Windows Treatments: Mini Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Two on a Lot
  • Roofing: Tile
  • View: Yes
  • Numberof Patios: 2
  • Paved: Yes

Garage/Parking

  • Parking: Driveway, Garage Door Opener
  • Parking Info Total Garage Spaces: 3.00
  • Parking Info Total Parking Spaces: 9.00
  • Total Uncovered Assigned Spaces: 6.00

Utilities

  • Number Electric Meters: 2
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning, Evaporative Cooling, Central Air
  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Number Gas Meter: 2
  • Water Heater: Yes
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 675111010
  • Lot Description: Alley Paved, Rectangular Lot, Street Paved, Street Lighting, Sidewalks, Landscaped, Fenced, Curbs, Back Yard
  • Lot Dimensions: 61 X 145
  • Lot Size: 8712.00

Rental Info

  • Owner Pays: Gardener, Water, Trash Collection
  • Tenant Pays: Cable TV, Electricity, Gas
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 1
  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Aug 15, 2022
Sold by
Unknown
Bought by
Michael W Santo Living Trust
Seller's Agent
Kelly Desselle
Golden State Land
Buyer's Agent
Kelly Desselle
Golden State Land
List Price
$695,000
Sold Price
$625,000
Premium/Discount to List
-$70,000
-10.07%
Current Estimated Value
$624,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$287
Avg. Annual Appreciation
-0.02%
Original Mortgage
$437,500
Outstanding Balance
$418,727
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$205,986
Source: Public Records

Range of Values:

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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
Michael W Santo Living Trust $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael W Santo Living Trust $437,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $625,000 -10.1% $258 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $695,000 0.0% $287 / Sq Ft
01/28/2018 01/28/18 Rented $1,600 0.0% --
01/06/2018 01/06/18 Price Changed $1,600 -5.9% $1 / Sq Ft
12/08/2017 12/08/17 For Rent $1,700 -- --
Source: Greater Palm Springs Multiple Listing Service

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 $10,277 $650,250 $182,070 $468,180
2023 $10,277 $625,000 $175,000 $450,000
2022 $5,624 $283,381 $35,346 $248,035
2021 $5,379 $277,825 $34,653 $243,172
2020 $5,097 $274,977 $34,298 $240,679
2019 $4,954 $269,586 $33,626 $235,960
2018 $4,854 $264,301 $32,967 $231,334
2017 $4,743 $259,120 $32,321 $226,799
2016 $4,614 $254,040 $31,688 $222,352
2015 $4,463 $250,226 $31,213 $219,013
2014 $4,409 $245,326 $30,602 $214,724
Source: Public Records

Agents Affiliated with this Home

  • Kelly Desselle

    Seller's Agent in 2022

    Kelly Desselle

    Golden State Land

    (760) 408-1978

    1 in this area

    52 Total Sales

    Kelly Desselle
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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219082203

Greater Palm Springs Multiple Listing Service

APN: 675-111-010

California Riverside County Cathedral City 92234 Panorama

28850 Landau Blvd, Cathedral City, CA

This home is located at 28850 Landau Blvd, Cathedral City, CA 92234 since 21 July 2022 and is currently estimated at $624,713, approximately $257 per square foot. This property was built in 1995. 28850 Landau Blvd is a home located in Riverside County with nearby schools including Landau 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.

Greater Palm Springs Multiple Listing Service 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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