NOT LISTED FOR SALE

29140 Landau Blvd Cathedral City, CA 92234

Panorama Neighborhood

Estimated Value: $461,000 - $654,000

5 Beds
4 Baths
2,492 Sq Ft
$238/Sq Ft Est. Value

Last Sold December 11, 2014

Last sale price $294,500 $118 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,671/month

129 Days on Market

Highlights

  • Contemporary Architecture
  • 1-Story Property
  • West Facing Home
  • Double Pane Windows
  • Forced Air Heating and Cooling System
  • Paved or Partially Paved Lot

About This Home

As of December 2014

Back on Market. Great Buy. Perfect for Owner Plus Income Property. Spacious Duplex Near Schools and Shopping Across From Desert Princess Resort & Country Club. One Unit 3 bed/2 bath 1334 sf and 2nd Unit, 2 bed/2 bath 1225 sf. Open plan, Private Patios. Each with Large Extended 2 Car Garages. Newer Cabinetry, Fixtures. Inside Laundry. Unit B also has Fresh Paint & New Carpet. Good Fwy Access. Great Investment!

Last Agent to Sell the Property

Win Glas

Main Street Realtors License #01391369 Listed on: 08/04/2014

Last Buyer's Agent

Lorena Ruiz

Choice 1 Realty License #01276235

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,426

Year Built

  • Built in 2001

Lot Details

  • 8,276 Sq Ft Lot
  • West Facing Home
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Contemporary Architecture
  • Tile Roof
  • Common Roof
  • Stucco Exterior

Interior Spaces

  • 2,492 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vertical Blinds
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 5 Bedrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 675211041

Community Details

Overview

  • 2 Units
  • Panorama Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,426

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Orientation Faces: Front Door Faces West
  • Levels: Ground Level, No Unit Above, One
  • Price Per Unit: 149500.00
  • Building Style: Contemporary
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 119.98
  • Lp Sp Ratio: 0.9849
  • Year Built: 2001
  • Internal Listing I D: 20190608184646228801000000
  • Listing I D: 214086227
  • Listing Office Address: 244 Redondo Ave., Long Beach, CA 90803
  • Listing Office Fax: (562) 719-2658
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 68100 Ramon Road, Ste B7, Cathedral City, CA 92234
  • Selling Member Fax: (760) 770-0211
  • Selling Office Address: 68100 Ramon Road, Ste B7, Cathedral City, CA 92234
  • Selling Office Fax: (760) 770-0211
  • Land Type: Fee
  • Subdivision: Panorama
  • Unit Information Number Of Units Leased: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Disposals: 2
  • Number of Ranges: 2
  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Estimated Sq Ft: 2492.00
  • Windows Treatments: Double Pane Windows, Vertical Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Common Roof, Tile
  • Numberof Patios: 2

Garage/Parking

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

Utilities

  • TV Svcs: Cable TV
  • Number Electric Meters: 2
  • Number Water Meters: 2
  • Cooling Type: Central Air
  • Heating: Forced Air
  • Security: Fire Alarm
  • Sewer: In Street Paid
  • Number Gas Meter: 2
  • Water Heater: Yes

Lot Info

  • Assessor Parcel Number: 675211041
  • Lot Description: Alley Paved, Curbs, Street Public, Sidewalks, Level
  • Lot Size: 8276.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Number Of Dishwashers: 2
  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2014
Closed on
Nov 11, 2014
Sold by
Maloy Harell L and Maloy Nancy L
Bought by
Contreras Luis Miguel
Seller's Agent
Win Glas
Main Street Realtors
Buyer's Agent
Lorena Ruiz
Choice 1 Realty
List Price
$299,000
Sold Price
$294,500
Premium/Discount to List
-$4,500
-1.51%
Current Estimated Value
$591,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,413
Avg. Annual Appreciation
6.72%
Original Mortgage
$289,165
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 2008
Sold by
Progressive Properties & Investments Inc
Bought by
Maloy Harell L and Maloy Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 2003
Sold by
Maloy Harell L and Maloy Nancy L
Bought by
Progressive Properties & Investments Inc

Purchase Details

Closed on
Dec 18, 2001
Sold by
Big Valley Development
Bought by
Maloy Harell L and Maloy Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.11%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Contreras Luis Miguel $294,500 Old Republic Title Company
Maloy Harell L -- None Available
Progressive Properties & Investments Inc -- --
Maloy Harell L $230,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contreras Luis Miguel $279,000
Closed Contreras Luis Miguel $288,371
Closed Contreras Luis Miguel $289,165
Previous Owner Maloy Harell L $275,000
Previous Owner Maloy Harell L $80,000
Previous Owner Big Valley Development Inc $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2014 12/11/14 Sold $294,500 -1.5% $118 / Sq Ft
12/11/2014 12/11/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $299,000 -- $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 $5,426 $353,936 $88,932 $265,004
2023 $5,426 $340,194 $85,480 $254,714
2022 $5,251 $333,524 $83,804 $249,720
2021 $5,077 $326,985 $82,161 $244,824
2020 $4,808 $323,633 $81,319 $242,314
2019 $4,691 $317,288 $79,725 $237,563
2018 $4,626 $311,067 $78,162 $232,905
2017 $4,531 $304,969 $76,630 $228,339
2016 $4,401 $298,990 $75,128 $223,862
2015 $4,246 $294,500 $74,000 $220,500
2014 $3,379 $230,000 $50,000 $180,000
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2014

    Win Glas

    Main Street Realtors

  • L

    Buyer's Agent in 2014

    Lorena Ruiz

    Choice 1 Realty

    (760) 272-5552

    6 in this area

    138 Total Sales

    Lorena Ruiz
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Map

Source: California Desert Association of REALTORS®

MLS Number: 214086227

California Desert Association of REALTORS®

APN: 675-211-041

California Riverside County Cathedral City 92234 Panorama

29140 Landau Blvd, Cathedral City, CA

This home is located at 29140 Landau Blvd, Cathedral City, CA 92234 since 04 August 2014 and is currently estimated at $591,913, approximately $237 per square foot. This property was built in 2001. 29140 Landau Blvd is a home located in Riverside County with nearby schools including Landau Elementary School, James Workman Middle School, and Rancho Mirage High.

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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