NOT LISTED FOR SALE

Estimated Value: $264,000 - $304,000

3 Beds
2 Baths
1,200 Sq Ft
$351/mo HOA Fee

Last Sold February 28, 2018

Last sale price $150,000 $125 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,149/month

15 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Granite Countertops
  • Heated In Ground Pool
  • Clubhouse
  • Tennis Courts

About This Home

As of February 2018

Welcome to the best kept secret in the desert Cathedral Springs. This 3 bedroom with tile through out (no carpeting) also granite counter tops in kitchen. Two patios, one off of living room and one off of the bedroom. Patio off of bedroom has a storage shed to put pool toys, broom or other belongings and is steps away to one of the four pools,.Cathedral Springs is a gated community located minutes from Palm Springs Int'l, Shopping, Restaurants and has easy Freeway Access with low monthly HOA's of $351 which include Earthquake Insurance, use of All 4 Community Pools & Spas, Lighted Tennis Courts, Newly Remodeled Fitness Room, Park-like Grounds & Clubhouse w/On-site Management & Security.

Last Agent to Sell the Property

Jennifer Matthews

RE/MAX Consultants License #01745765 Listed on: 01/26/2018

Last Buyer's Agent

Jennifer Matthews

RE/MAX Consultants License #01745765

RE/MAX Consultants

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,476

Year Built

  • Built in 1987

Lot Details

  • 1,307

HOA Fees

  • $351 Monthly HOA Fees

Interior Spaces

  • 1,200 Sq Ft Home
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • 1 Car Parking Space
  • Guest Parking

Pool

  • Heated In Ground Pool
  • In Ground Spa

Location

  • Ground Level

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 678173009

Community Details

Overview

  • Association fees include building & grounds, clubhouse, trash, water
  • Cathedral Springs Subdivision
  • On-Site Maintenance
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction
  • Breed Restrictions

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,476

Year Built

Built in 1987

Lot Details

0

HOA Fees

$351 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Ground
  • Builders Tract Code: Cathedral Springs
  • Included In Sale: All Appliances
  • List Price per Sq Ft: 137.50
  • Lp Sp Ratio: 0.9091
  • Year Built: 1987
  • Listing I D: 218003190
  • Listing Office Address: 44200 Town Center Way, Palm Desert, CA 92260
  • Selling Office Address: 44200 Town Center Way, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: Cathedral Springs
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave Oven, Refrigerator, Stackable W/D Hookup
  • Flooring: Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Features: Granite Counters
  • Estimated Sq Ft: 1200.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community

Garage/Parking

  • Total Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: Card/Code Access
  • Sewer: In Street Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules, Breed Restrictions, Call
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Clubhouse, Trash, Water
  • Association Amenities: Clubhouse, Controlled Access, Fitness Center, Greenbelt/Park, Guest Parking, Maintenance Grounds, Management, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 351.00
  • Total Monthly Association Fees: 351.00

Lot Info

  • Assessor Parcel Number: 678173009
  • Lot Acres: 0.0300
  • Lot Size: 1307.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2018
Closed on
Feb 27, 2018
Sold by
Subramanian Vigneswari
Bought by
Thiagarajab Paraneetharan
Seller's Agent
Jennifer Matthews
RE/MAX Consultants
Buyer's Agent
Jennifer Matthews
RE/MAX Consultants
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%
Current Estimated Value
$292,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,309
Avg. Annual Appreciation
9.33%

Purchase Details

Listed on
Jan 26, 2018
Closed on
Feb 15, 2018
Sold by
Al Nazzal Lamies J and Nazzal Hussam
Bought by
Thiagarajah Oarabeetgarab
Seller's Agent
Jennifer Matthews
RE/MAX Consultants
Buyer's Agent
Jennifer Matthews
RE/MAX Consultants
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%

Purchase Details

Closed on
Nov 19, 2008
Sold by
Nazzal Jane S
Bought by
Nazzal Hussam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2008
Sold by
Mulig Gregory S
Bought by
Al Nazzal Lamies J and Nazzal Hussam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2004
Sold by
Lombardo Brion
Bought by
Mulig Gregory S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 1994
Sold by
Lukas Edward and Lukas Wanda J
Bought by
Lombardo Brion
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
Thiagarajab Paraneetharan -- Ticor Title Company Of Calif
Thiagarajah Oarabeetgarab $150,000 None Available
Nazzal Hussam -- Orange Coast Title
Al Nazzal Lamies J $136,000 Orange Coast Title
Mulig Gregory S $197,500 Chicago Title Co
Lombardo Brion $71,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Al Nazzal Lamies J $75,000
Previous Owner Mulig Gregory S $137,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2018 08/13/18 Rented $1,200 -4.0% --
07/26/2018 07/26/18 Off Market $1,250 -- --
02/28/2018 02/28/18 Sold $150,000 -9.1% $125 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $165,000 -- $138 / 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 $2,476 $170,670 $34,133 $136,537
2023 $2,476 $164,044 $32,808 $131,236
2022 $2,411 $160,828 $32,165 $128,663
2021 $2,345 $157,676 $31,535 $126,141
2020 $2,235 $156,060 $31,212 $124,848
2019 $2,201 $153,000 $30,600 $122,400
2018 $2,164 $150,000 $15,000 $135,000
2017 $2,085 $143,000 $36,000 $107,000
2016 $2,015 $139,000 $35,000 $104,000
2015 $1,735 $119,000 $30,000 $89,000
2014 $1,666 $112,000 $28,000 $84,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 218003190

California Desert Association of REALTORS®

APN: 678-173-009