NOT LISTED FOR SALE

29120 Landau Blvd Cathedral City, CA 92234

Panorama Neighborhood

Estimated Value: $544,000 - $735,000

5 Beds
5 Baths
3,528 Sq Ft
$182/Sq Ft Est. Value

Last Sold April 24, 2013

Last sale price $280,000 $79 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $4,095/month

76 Days on Market

About This Home

As of April 2013

Here it is!Not your average income property!Located in the desireable Panorama area of Cathedral City.This fabulous multi-family dwelling is close to restaurants, shopping and golf. The main dwelling is a 2,073sf 3bed/2ba custom home constructed in 2000 with a 2 car garage, 2 balconies,plus a separate owner's storage unit with private entrance,bath, and it's own 2 car garage.This unit has potential for more improvements and additional income!There is also a totally renovated 1,120sf 2bed/2ba home,2 car garage, that has it's own private yard and patios.The main home is highly upgraded with tile counters and floors, a massive master suite with tile shower and sunken bath tub,private balconies, tons of storage and a long term tenant that would love to stay.The other other units have just been remodeled and are in excellent condition (vacant to tour).All three units have their own electric meters.There is major income potential here! Call for your private showing today

Last Agent to Sell the Property

Alan Berry

HomeSmart Professionals License #01265843 Listed on: 12/15/2012

HomeSmart Professionals

Co-Listed By

NonMember AgentDefault

NonMember OfficeDefault

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,977

Year Built

2000

Lot Details

0

Listing Details

  • Active Date: 2013-01-29
  • Building Size: 3528.0
  • Driving Directions: From Vista Chino, go south on Landau for 4 blocks. Complex is on the left hand side. look for my sign. Thanks for looking!
  • Full Street Address: 29120 LANDAU
  • Primary Object Modification Timestamp: 2014-01-24
  • Total Number of Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 2000

Interior Features

  • Appliances: Microwave, Range
  • Advertising Remarks: Here it is!Not your average income property!Located in the desireable Panorama area of Cathedral City.This fabulous multi-family dwelling is close to restaurants, shopping and golf. The main dwelling is a 2,073sf 3bed/2ba custom home constructed in 2000 w
  • Assessed Land Value: 50000.00
  • Builders Tract Name: PANORAMA
  • Number Of Buildings: 2
  • Appliances: Dishwasher, Garbage Disposal, Gas Dryer Hookup
  • Pool: No

Exterior Features

  • View: No
  • Lot Size Sq Ft: 8276

Garage/Parking

  • Parking Features: Driveway - Concrete
  • Parking Spaces Total: 6
  • Parking Type: Garage - Two Door

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central Furnace, Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Palacios Joseph M
Bought by
Palacios Joseph Martin and Palacios Joseph Martin
Current Estimated Value
$614,237

Purchase Details

Closed on
Sep 23, 2021
Sold by
Dede Artola Jr Ignacio and Dede Vera L
Bought by
Palacios Joseph M

Purchase Details

Listed on
Dec 15, 2012
Closed on
Mar 15, 2013
Sold by
Csaftis Ryan
Bought by
Palacios Joseph M and Dede Artola Jr Ignacio
Seller's Agent
Alan Berry
HomeSmart Professionals
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$279,900
Sold Price
$280,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$224,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 23, 2012
Closed on
Oct 3, 2012
Sold by
Csaftis Ryan
Bought by
Csaftis Ryan
Seller's Agent
James Udall
Buyer's Agent
James Udall
List Price
$159,990
Sold Price
$170,500
Premium/Discount to List
$10,510
6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
159.59%

Purchase Details

Listed on
Jan 23, 2012
Closed on
Sep 27, 2012
Sold by
Csaftis Cecelia
Bought by
Csaftis Ryan
Seller's Agent
James Udall
Buyer's Agent
James Udall
List Price
$159,990
Sold Price
$170,500
Premium/Discount to List
$10,510
6.57%

Purchase Details

Listed on
Jan 23, 2012
Closed on
Aug 20, 2012
Sold by
Thomas Chad
Bought by
Csaftis Ryan
Seller's Agent
James Udall
Buyer's Agent
James Udall
List Price
$159,990
Sold Price
$170,500
Premium/Discount to List
$10,510
6.57%

Purchase Details

Closed on
Oct 31, 2005
Sold by
Mcloon Charles and Mcloon Cristina A
Bought by
Thomas Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 12, 2005
Sold by
Mcloon Charles and Mcloon Cristina A
Bought by
Mcloon Charles and Mcloon Cristina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 4, 2004
Sold by
Adam Thomas W and Adam Naomi Z
Bought by
Mcloon Charles and Mcloon Cristina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,600
Interest Rate
5.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2003
Sold by
Adam Thomas W and Adam Naomi Z
Bought by
Adam Thomas W and Adam Naomi Z

Purchase Details

Closed on
Jan 16, 2003
Sold by
Adam Thomas W and Adam Naomi Z
Bought by
Adam Thomas W and Adam Naomi Z

Purchase Details

Closed on
Sep 25, 2002
Sold by
Adam Thomas W and Adam Naomi Z
Bought by
Adam Thomas W and Adam Naomi Z

Purchase Details

Closed on
Feb 4, 2002
Sold by
R Way Inc
Bought by
Adam Thomas W and Adam Naomi Z

Purchase Details

Closed on
Jul 27, 1999
Sold by
Degaine William J
Bought by
R Way Inc
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
Palacios Joseph Martin -- None Available
Palacios Joseph M -- None Listed On Document
Palacios Joseph M $280,000 Equity Title Orange County-I
Csaftis Ryan -- Equity Title
Csaftis Ryan -- Equity Title
Csaftis Ryan -- Ticor Title
Thomas Chad $520,000 Orange Coast Title
Mcloon Charles -- --
Mcloon Charles $397,000 Orange Coast Title Company
Adam Thomas W -- American Title Co
Adam Thomas W -- American Title Co
Adam Thomas W -- --
Adam Thomas W $265,000 First American Title Co
R Way Inc $75,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Artola Ignacio Dede $340,000
Previous Owner Deartola Vera L $300,000
Previous Owner Palacios Joseph M $224,000
Previous Owner Thomas Chad $416,000
Previous Owner Mcloon Charles $305,600
Previous Owner Adam Thomas W $140,000
Previous Owner Adam Thomas W $100,350
Previous Owner R-Way Inc $150,000
Previous Owner R Way Inc $150,000
Previous Owner R Way Inc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2013 04/24/13 Sold $280,000 0.0% $79 / Sq Ft
03/01/2013 03/01/13 Pending -- -- --
12/15/2012 12/15/12 For Sale $279,900 +64.2% $79 / Sq Ft
10/15/2012 10/15/12 Sold $170,500 +6.6% $152 / Sq Ft
10/12/2012 10/12/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $159,990 -- $143 / Sq Ft
Source: Palm Springs Regional 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 $8,977 $610,124 $117,158 $492,966
2023 $8,977 $586,433 $112,609 $473,824
2022 $8,744 $574,935 $110,401 $464,534
2021 $5,296 $318,533 $79,631 $238,902
2020 $5,033 $315,268 $78,815 $236,453
2019 $4,913 $206,067 $51,515 $154,552
2018 $4,878 $303,026 $75,755 $227,271
2017 $4,779 $297,085 $74,270 $222,815
2016 $4,651 $291,261 $72,814 $218,447
2015 $4,496 $286,888 $71,721 $215,167
2014 $4,440 $281,270 $70,317 $210,953
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Alan Berry

    HomeSmart Professionals

    Section Image

  • N

    Seller Co-Listing Agent in 2013

    NonMember AgentDefault

    NonMember OfficeDefault

  • J

    Seller's Agent in 2012

    James Udall

  • O

    Buyer Co-Listing Agent in 2012

    Out Side Agent

    Desert Real Estate Consultants, Inc.

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 12-640937PS

APN: 675-211-042

California Riverside County Cathedral City 92234 Panorama

29120 Landau Blvd, Cathedral City, CA

This home is located at 29120 Landau Blvd, Cathedral City, CA 92234 since 15 December 2012 and is currently estimated at $643,398, approximately $182 per square foot. This property was built in 2000. 29120 Landau Blvd is a home located in Riverside County with nearby schools including Landau Elementary School, James Workman Middle School, and Rancho Mirage High.

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