NOT LISTED FOR SALE

33375 Moreno Rd Cathedral City, CA 92234

Whitewater Neighborhood

Estimated Value: $628,000 - $917,000

9 Beds
9 Baths
5,200 Sq Ft
$152/Sq Ft Est. Value

Sale Details

Date Sold: November 21, 2018

Last sale price $499,000 $96 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,850 / mo

55 Days on Market

Highlights

  • Property is near park
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Traditional Architecture
  • Views
  • 1-minute walk to Ocotillo Park

About This Home

As of November 2018

Terrific Investment Opportunity. Each of the 3 units are large 3 bedroom/2.5 bath units. These units are currently all tenant occupied with month-to-month leases. All units are in excellent condition. Each unit has it's own garage. These units are townhouse style with all the bedrooms upstairs and kitchens downstairs. Extremely low maintenance landscaping as it's desert-scape. Do not disturb tenants. Write offers subject to an interior inspection. Buyers must cooperate with seller's 1031 exchange. The seller requires that all offers include verification of funds in cash or pre-qualified loans which would therefore assure a 30 day escrow plus or minus 10-15 days.

Last Agent to Sell the Property

Brittany Read

Southern Hills Real Estate License #01450471 Listed on: 08/21/2018

Last Buyer's Agent

Unknown Member

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1991

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot

Parking

  • 5 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 5,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Property Views

Bedrooms and Bathrooms

  • 9 Bedrooms

Location

  • Property is near park

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 680398004

Community Details

Overview

  • 3 Units
  • Rancho Ramon Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $100
  • Operating Expense $809
  • Gross Income $46,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1991

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Price Per Unit: 166333.00
  • Builders Tract Code: NA336
  • Building Style: Traditional
  • List Price per Sq Ft: 95.96
  • Lp Sp Ratio: 1.0000
  • Year Built: 1991
  • Internal Listing I D: 20190608184816155802000000
  • Listing I D: 218023184
  • Listing Office Address: 50855 Washington St. Ste C-260, La Quinta, CA 92253
  • Listing Office Fax: (760) 776-1397
  • List Office Board Code: California Desert Association of Realtors
  • Land Type: Fee
  • Subdivision: Rancho Ramon
  • Unit Information Number Of Units Leased: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 9
  • Half Bathrooms: 3
  • Total Bathrooms: 9.00
  • Full Bathrooms: 6
  • Estimated Sq Ft: 5200.00

Exterior Features

  • Construction: Stucco
  • Foundation: Slab
  • View: Yes

Garage/Parking

  • Parking Info Total Garage Spaces: 5.00
  • Parking Info Total Parking Spaces: 11.00

Utilities

  • Number Electric Meters: 3
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central, Forced Air
  • Sewer: Septic Tank
  • Number Gas Meter: 3
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 680398004
  • Lot Location: Corner Lot, Park Nearby
  • Lot Size: 8712.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Number Of Dishwashers: 3
  • Total Units: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2018
Closed on
Oct 12, 2018
Sold by
Bought by
Seller's Agent
Brittany Read
Southern Hills Real Estate
Buyer's Agent
Unknown Member
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$788,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,539
Avg. Annual Appreciation
6.26%
Original Mortgage
$389,250
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 3, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 21, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
4.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 2003
Sold by
Bought by

Purchase Details

Closed on
Oct 11, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
4.76%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Lawyers Title Company
$499,000 Lawyers Title Co
-- None Available
$225,000 Orange Coast Title Company
-- First American Title Co
-- --
$345,000 Commerce Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $389,250
Previous Owner $157,500
Previous Owner $336,000
Previous Owner $264,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/21/2018 11/21/18 Sold $499,000 0.0% $96 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $499,000 -- $96 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,979 $556,639 $139,437 $417,202
2023 $7,979 $535,025 $134,023 $401,002
2022 $7,767 $524,536 $131,396 $393,140
2021 $7,532 $514,252 $128,820 $385,432
2020 $7,108 $508,980 $127,500 $381,480
2019 $6,940 $499,000 $125,000 $374,000
2018 $4,781 $331,164 $82,789 $248,375
2017 $4,680 $324,671 $81,166 $243,505
2016 $4,535 $318,306 $79,575 $238,731
2015 $4,364 $313,527 $78,381 $235,146
2014 $4,321 $307,388 $76,847 $230,541
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Brittany Read

    Southern Hills Real Estate

  • U

    Buyer's Agent in 2018

    Unknown Member

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 218023184

California Desert Association of REALTORS®

APN: 680-398-004

California Riverside County Cathedral City 92234 Whitewater

33375 Moreno Rd, Cathedral City, CA

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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