NOT LISTED FOR SALE

31040 San Luis Rey Dr Cathedral City, CA 92234

Dream Homes Neighborhood

Estimated Value: $496,000 - $601,809

3 Beds
3 Baths
1,946 Sq Ft
$277/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $460,000 $236 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,499/month

27 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • No HOA
  • Midcentury Modern Architecture
  • Great Room
  • Covered Patio or Porch

About This Home

As of September 2023

Fantastic Fixer Home Opportunity in Prime Cathedral City Neighborhood! Sitting on a huge corner lot (approximately 12,200 square feet) this Mid-Century stunner is just minutes from Downtown Palm Springs. Open Modern-Concept layout w/ open-beam ceilings throughout. Living room w/ tiled fireplace. Spacious Master Bedroom Suite w/ walk-in closet. Large backyard w/ swimming pool & covered patio - perfect for entertaining! Plenty of room for expansion of existing home and/or an ADU addition. Fully gated & private lot. 2 car garage w/ plenty of driveway parking. Central AC + heat. Solar system. Laundry room. One block away from Agua Caliente Elementary & just minutes to the best shopping, dining, & entertainment the area has to offer. A unique opportunity that is not to be missed!

Last Agent to Sell the Property

Oliver Moussa

Revilo Realty, Inc. License #01721353 Listed on: 07/22/2023

Last Buyer's Agent

Daniel Dominguez

Keller Williams Realty License #01412553

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,786

Year Built

  • Built in 1957

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R1

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,946 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Mountain Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 677-371-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,786

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Builders Tract Code: 7180
  • Living Area: 1946
  • Lot Acreage: 0.2800
  • Stories: 1
  • Year Built: 1957
  • Builders Tract Name: Dream Homes
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 256.42

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 677-371-001
  • Lot Size Area: 12197

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2023
Closed on
Aug 31, 2023
Sold by
Jones Frank L
Bought by
Narsa Llc
Seller's Agent
Oliver Moussa
Revilo Realty, Inc.
Buyer's Agent
Daniel Dominguez
Keller Williams Realty
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%
Views
119
Current Estimated Value
$538,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,452
Avg. Annual Appreciation
8.82%

Purchase Details

Listed on
Apr 15, 2019
Closed on
Jun 4, 2019
Sold by
Eam Home Rentals Llc
Bought by
Jones Frank L
Seller's Agent
Alicia Zendejas
HomeSmart
Buyer's Agent
Unknown Member
List Price
$378,000
Sold Price
$365,000
Premium/Discount to List
-$13,000
-3.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$365,000
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Closed on
Jul 9, 2018
Sold by
Ellington Stephen P
Bought by
Eam Home Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,450
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 9, 2016
Sold by
Ellington Margaret A and Ellington Margaret A
Bought by
Ellington Stephen P

Purchase Details

Closed on
Sep 15, 2015
Sold by
Rcs Villa Portfino 211 Llc
Bought by
Palm Desert Villa Portofino Homeowners A

Purchase Details

Closed on
Dec 7, 1998
Sold by
Williams Margaret A and Williams Stephen P
Bought by
Ellington Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,603
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 1994
Sold by
Williams Margaret A and Thurtle Timothy Neal
Bought by
Williams Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,362
Interest Rate
8.8%
Mortgage Type
FHA
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
Narsa Llc $460,000 Stewart Title Of California
Jones Frank L $365,000 Chicago Title Company
Eam Home Rentals Llc $150,000 Orange Coast Title Company
Ellington Stephen P $50,000 Lawyers Title
Palm Desert Villa Portofino Homeowners A -- First American Title
Ellington Margaret A -- United Title Company
Williams Margaret A -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Frank L $365,800
Previous Owner Jones Frank L $365,000
Previous Owner Eam Home Rentals Llc $254,450
Previous Owner Ellington Margaret A $67,603
Previous Owner Williams Margaret A $69,362
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $460,000 -7.8% $236 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
07/22/2023 07/22/23 For Sale $499,000 +36.7% $256 / Sq Ft
07/18/2019 07/18/19 Sold $365,000 -3.4% $188 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $378,000 -- $194 / Sq Ft
Source: The MLS

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 $6,786 $469,200 $117,300 $351,900
2023 $6,786 $383,678 $26,279 $357,399
2022 $5,976 $376,156 $25,764 $350,392
2021 $5,855 $368,781 $25,259 $343,522
2020 $5,609 $365,000 $25,000 $340,000
2019 $2,928 $150,000 $30,000 $120,000
2018 $2,537 $121,181 $20,595 $100,586
2017 $2,493 $118,806 $20,192 $98,614
2016 $2,360 $116,478 $19,797 $96,681
2015 $2,293 $114,730 $19,500 $95,230
2014 $2,279 $112,484 $19,119 $93,365
Source: Public Records

Agents Affiliated with this Home

  • Oliver Moussa

    Seller's Agent in 2023

    Oliver Moussa

    Revilo Realty, Inc.

    (310) 422-3374

    1 in this area

    232 Total Sales

    Oliver Moussa
    Section Image

  • D

    Buyer's Agent in 2023

    Daniel Dominguez

    Keller Williams Realty

    Section Image

  • A

    Seller's Agent in 2019

    Alicia Zendejas

    HomeSmart

  • U

    Buyer's Agent in 2019

    Unknown Member

See All Agents

Map

Source: The MLS

MLS Number: 23-293433

The MLS

APN: 677-371-001

California Riverside County Cathedral City 92234 Dream Homes

31040 San Luis Rey Dr, Cathedral City, CA

This home is located at 31040 San Luis Rey Dr, Cathedral City, CA 92234 since 22 July 2023 and is currently estimated at $538,452, approximately $276 per square foot. This property was built in 1957. 31040 San Luis Rey Dr is a home located in Riverside County with nearby schools including Agua Caliente 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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