NOT LISTED FOR SALE

32521 Whispering Palms Trail Cathedral City, CA 92234

Whitewater Neighborhood

Estimated Value: $756,000 - $1,018,925

11 Beds
8 Baths
4,800 Sq Ft
$188/Sq Ft Est. Value

Last Sold July 07, 2015

Last sale price $515,000 $107 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,706/month

24 Days on Market

About This Home

As of July 2015

You'll do a double-take when you see this great investment property for the first time. With its exterior elevation and Spanish red-tiled roof it looks more like a charming Hacienda-style private home than the four unit building that it is. Lush landscaping and mature trees add to the undeniable curb appeal. The entry level floor holds one 3BD/2BA and one 2BD/2BA unit. The two upstairs units are both 3BD/2BA. There is garage parking for each unit.

Last Agent to Sell the Property

Phil Pappalardo

Phil Pappalardo Broker License #00833731 Listed on: 05/14/2015

Last Buyer's Agent

Lawrence Cohen

HomeSmart License #00880224

HomeSmart

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,006

Year Built

1987

Lot Details

0

Parking

6

Listing Details

  • Cross Street: RAMON, 33RD AVE.
  • Active Date: 2015-06-22
  • Building Size: 4800.0
  • Driving Directions: From Palm Springs, east on Ramon Rd., past Landau to Whispering Palms, right. From the east, go west past Cathedral Canyon Dr. then left on Whispering Palms.
  • Full Street Address: 32521 WHISPERING PALMS TRL
  • Primary Object Modification Timestamp: 2015-11-25
  • Mello Roos: Unknown
  • Total Number of Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Advertising Remarks: You'll do a double-take when you see this great investment property for the first time. With its exterior elevation and Spanish red-tiled roof it looks more like a charming Hacienda-style private home than the four unit building that it is. Lush landscapi
  • Assessed Land Value: 100454.00
  • Total Bedrooms: 11
  • Builders Tract Code: NOT IN A DEVELOPMENT
  • Builders Tract Name: NOT IN A DEVELOPMENT
  • Number Of Buildings: 1
  • Pool: No

Exterior Features

  • View: No
  • Lot Size Sq Ft: 13504

Garage/Parking

  • Garage Spaces: 6.0
  • Parking Spaces Total: 6
  • Parking Type: Garage - Single Door, Garage - Two Door

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Electric
  • Cooling Type: Air Conditioning
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2015
Sold by
Suarez Linda Luria and Suarez Julio A
Bought by
The Suarez Family Living Trust
Current Estimated Value
$905,015

Purchase Details

Listed on
May 14, 2015
Closed on
Jun 17, 2015
Sold by
Tyler Paula and Tyler Paula Anne
Bought by
Suarez Linda Luria and Suarez Julio A
Seller's Agent
Phil Pappalardo
Phil Pappalardo Broker
Buyer's Agent
Lawrence Cohen
HomeSmart
List Price
$529,000
Sold Price
$515,000
Premium/Discount to List
-$14,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%

Purchase Details

Listed on
Feb 25, 2013
Closed on
Apr 18, 2013
Sold by
Battaglia Philip M and Battaglia Lorraine M
Bought by
Persico Betty and Tyler Paula
Seller's Agent
Jack Cretney
Jack Cretney & Associates
Buyer's Agent
Phil Pappalardo
Phil Pappalardo Broker
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$356,250
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2012
Sold by
Battaglia Philip M
Bought by
Battaglia Philip M and Battaglia Lorraine M

Purchase Details

Closed on
Oct 4, 2007
Sold by
Battaglia Lorraine M
Bought by
Battaglia Philip M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 7, 2007
Sold by
Rocha Octavio Alfonso
Bought by
Battaglia Philip M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 2007
Sold by
Diaz Gustavo
Bought by
Rocha Octavio Alfonso

Purchase Details

Closed on
Apr 27, 2005
Sold by
Nakagawa Gregory D and Nakagawa Tisa
Bought by
Diaz Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2003
Sold by
C A R Haller Inc
Bought by
Nakagawa Gregory D and Nakagawa Tisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Interest Rate
4.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 9, 1999
Sold by
Haller Carole Ann Roos
Bought by
C A R Haller Inc

Purchase Details

Closed on
Feb 19, 1999
Sold by
William Forsell
Bought by
Haller Carole Ann Roos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,250
Interest Rate
6.92%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 1996
Sold by
Forsell Kristie Kay
Bought by
Forsell William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,850
Interest Rate
7.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 1996
Sold by
American Svgs Bank Fa
Bought by
Forsell William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,850
Interest Rate
7.97%
Mortgage Type
Commercial
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
The Suarez Family Living Trust -- None Available
Suarez Linda Luria $515,000 Equity Title Orange County I
Persico Betty $475,000 First American Title Company
Battaglia Philip M -- None Available
Battaglia Philip M -- Financial Title Company
Battaglia Philip M $572,000 Financial Title Company
Rocha Octavio Alfonso $5,000 None Available
Diaz Gustavo $629,000 Orange Coast Title
Nakagawa Gregory D $465,000 Orange Coast Title
C A R Haller Inc -- --
Haller Carole Ann Roos $239,000 Commonwealth Land Title Co
Forsell William H -- Investors Title Company
Forsell William $300,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Persico Betty $356,250
Previous Owner Battaglia Philip M $400,000
Previous Owner Diaz Gustavo $500,000
Previous Owner Nakagawa Gregory D $325,500
Previous Owner Haller Carole Ann Roos $179,250
Previous Owner Forsell William $134,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2015 07/07/15 Sold $515,000 -2.6% $107 / Sq Ft
06/07/2015 06/07/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $529,000 +11.4% $110 / Sq Ft
05/31/2013 05/31/13 Sold $475,000 -4.0% $99 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $495,000 -- $103 / 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 $9,006 $609,647 $142,051 $467,596
2023 $9,006 $585,976 $136,536 $449,440
2022 $7,497 $574,487 $133,859 $440,628
2021 $7,342 $563,224 $131,235 $431,989
2020 $7,971 $557,450 $129,890 $427,560
2019 $6,825 $546,521 $127,344 $419,177
2018 $7,549 $535,806 $124,848 $410,958
2017 $7,397 $525,300 $122,400 $402,900
2016 $7,168 $515,000 $120,000 $395,000
2015 $6,649 $486,688 $102,460 $384,228
2014 $6,585 $477,156 $100,454 $376,702
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Phil Pappalardo

    Phil Pappalardo Broker

    (760) 799-2010

    7 Total Sales

    Section Image

  • L

    Buyer's Agent in 2015

    Lawrence Cohen

    HomeSmart

    Section Image

  • L

    Buyer's Agent in 2015

    Larry Cohen

    HomeSmart

  • J

    Seller's Agent in 2013

    Jack Cretney

    Jack Cretney & Associates

See All Agents

Map

Source: The MLS

MLS Number: 15-904181PS

The MLS

APN: 680-231-031

California Riverside County Cathedral City 92234 Whitewater

32521 Whispering Palms Trail, Cathedral City, CA

This home is located at 32521 Whispering Palms Trail, Cathedral City, CA 92234 since 14 May 2015 and is currently estimated at $903,731, approximately $188 per square foot. This property was built in 1987. 32521 Whispering Palms Trail is a home located in Riverside County with nearby schools including Agua Caliente Elementary School, Nellie N. Coffman Middle School, and Cathedral City High School.

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