NOT LISTED FOR SALE

32551 Shifting Sands Trail Cathedral City, CA 92234

Whitewater Neighborhood

Estimated Value: $967,000 - $1,234,924

9 Beds
8 Baths
5,000 Sq Ft
$220/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $750,000 $150 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,980/month

58 Days on Market

Highlights

  • 17,859 Sq Ft lot
  • Community Pool
  • Central Heating and Cooling System
  • No HOA
  • Laundry Room

About This Home

As of October 2018

This property features three spacious 2bed/2bath and one 3 bed/2 bath floor plans. Each unit also has their own garage. Each unit is equipped with a master bedroom, renovated flooring, cabinets, and granite counter-tops.

Built in 1985, this property consists of two buildings on one parcel of land. The buildings are of wood frame construction, stucco exteriors, and pitched roofs. Parking surface is asphalt with with attached garages for each unit.

Last Agent to Sell the Property

Alex Garcia

MARCUS & MILLICHAP License #01072982 Listed on: 06/08/2018

Last Buyer's Agent

Rosa Salazar

Group Ten Realty License #01019487

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,801

Year Built

  • Built in 1985

Lot Details

  • 0.41 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 5,000 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 14
  • Assessor Parcel Number 6802320150000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Recreation

  • Community Pool

Building Details

  • 4 Separate Gas Meters
  • Electric Expense $757
  • Gardener Expense $720
  • Insurance Expense $1,568
  • Pool Expense $720
  • Trash Expense $780
  • Water Sewer Expense $880
  • New Taxes Expense $10,184
  • Operating Expense $18,229
  • Gross Income $59,280
  • Net Operating Income $41,051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,801

Year Built

Built in 1985

Lot Details

0

Parking

4

Listing Details

  • CapRate: 5.27
  • Price Per Unit: 194750
  • Property Attached: Yes
  • Subdivision Name Other: Cathedral City
  • Water Sewer Expenses: 880.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 6802320150000
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 150.00

Exterior Features

  • Pool Expense: 720.00
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, In Garage
  • Sewer: Other
  • Trash Expense: 780.00
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 17859.00

Multi Family

  • Average2 Bed Area: 1150 Square Feet
  • Average3 Bed Area: 1350 Square Feet
  • Electric Expense: 757.00
  • Gross Income: 59280.00
  • Gross Scheduled Income: 62400.00
  • Insurance Expense: 1568.00
  • Net Operating Income: 41051.00
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 18229.00
  • Rent Control: No
  • Total Expenses: 18229.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 10184.00
  • Tax Lot: 13
  • Tax Tract Number: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2018
Sold by
Yaghoubi Seyed R
Bought by
Ayala Roger and Ayala Morena
Current Estimated Value
$1,100,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2010
Sold by
Degrutt Juan C
Bought by
Yaghoubi Seyed R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,749
Interest Rate
4.18%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2005
Sold by
Degrutt Juan C and Degrutt Brenda M
Bought by
Degrutt Juan C

Purchase Details

Closed on
Apr 8, 2003
Sold by
Chapel Mortgage Corp
Bought by
Degrutt Juan C and Degrutt Brenda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2003
Sold by
Torres Fernando
Bought by
Chapel Mortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 4, 2002
Sold by
Laforgia A Barry
Bought by
Torres Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
9%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 2000
Sold by
Ottem Melissa
Bought by
Mctaggart Briar Conrad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 2000
Sold by
Mctaggart Briar Conrad
Bought by
Laforgia A Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 1999
Sold by
Kouri Christine Chammas
Bought by
Kouri Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,217
Interest Rate
7.72%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 1999
Sold by
Kouri and Joseph
Bought by
Mctaggart Briar Conrad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,217
Interest Rate
7.72%
Mortgage Type
FHA
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
Ayala Roger $750,000 First American Title Insuran
Yaghoubi Seyed R $286,000 Orange Coast Title Company
Degrutt Juan C -- Landsafe Title
Degrutt Juan C $445,000 Chicago Title
Chapel Mortgage Corp $382,000 Fidelity National Title
Torres Fernando $350,000 First American Title Co
Mctaggart Briar Conrad -- First American Title Co
Laforgia A Barry $250,000 First American Title Co
Kouri Joseph -- Old Republic Title Company
Mctaggart Briar Conrad $218,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayala Roger $563,300
Previous Owner Ayala Roger $562,500
Previous Owner Yaghoubi Seyed R $285,000
Previous Owner Yaghoubi Seyed R $278,749
Previous Owner Degrutt Juan C $356,000
Previous Owner Torres Fernando $280,000
Previous Owner Laforgia A Barry $200,000
Previous Owner Mctaggart Briar Conrad $216,217
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2018 10/12/18 Sold $750,000 -3.7% $150 / Sq Ft
06/08/2018 06/08/18 For Sale $779,000 -- $156 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,801 $836,633 $150,592 $686,041
2023 $11,801 $804,148 $144,746 $659,402
2022 $11,514 $788,381 $141,908 $646,473
2021 $11,176 $772,924 $139,126 $633,798
2020 $10,551 $765,000 $137,700 $627,300
2019 $10,307 $750,000 $135,000 $615,000
2018 $4,886 $322,023 $100,208 $221,815
2017 $4,773 $315,710 $98,244 $217,466
2016 $4,623 $309,520 $96,318 $213,202
2015 $4,448 $304,872 $94,872 $210,000
2014 $4,402 $298,902 $93,014 $205,888
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18149650

California Regional Multiple Listing Service (CRMLS)

APN: 680-232-015