NOT LISTED FOR SALE

34650 Marcia Rd Cathedral City, CA 92234

The Canyon Neighborhood

Estimated Value: $646,000 - $1,156,042

-- Bed
-- Bath
5,000 Sq Ft
$195/Sq Ft Est. Value

Last Sold February 24, 2017

Last sale price $615,000 $123 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,450/month

54 Days on Market

About This Home

As of February 2017

This an excellent owner user building with great income. All units are 3 Bedroom 2 Bath no adjoining walls with other units. Two car garage with auto door opener. Laundry in garage and direct access to units from garages. Landscape is all drought tolerant with drip sprinkler system.Tile roof , copper plumbing. All units have private patios the rear units have decent size rear yards. Priced for immediate sale.

Last Agent to Sell the Property

Renee Aguilar

Premier Southland Properties License #01212148 Listed on: 10/02/2016

Last Buyer's Agent

Kelly Laule

Better Living SoCal License #01773280

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,879

Year Built

  • Built in 1994

Lot Details

  • 0.33

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex

Interior Spaces

  • 5,000 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Additional Features

  • 0.33 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 673-181-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,879

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5000
  • Stories: 1
  • Year Built: 1994
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 4
  • Number Disposal: 4
  • Number Range: 4
  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 125.00

Exterior Features

  • Tennis Court Y/N: No
  • Number Patio: 4
  • Paved: Yes
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 4+ Car
  • Total Parking: 8

Utilities

  • Cooling: Central
  • Heating: Central
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Value: 238731
  • Assessed Land Value: 74271
  • Assessor Parcel Number: 673-181-019
  • Geocode Override: No
  • Lot Size Area: 14375

Rental Info

  • Number Leased: 4

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.20
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: 4plex
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2016
Closed on
Feb 3, 2017
Sold by
Black Elk Properties Llc
Bought by
Zunzunegui Julio J and Zunzunegui Amy M
Seller's Agent
Renee Aguilar
Premier Southland Properties
Buyer's Agent
Kelly Laule
Better Living SoCal
List Price
$625,000
Sold Price
$615,000
Premium/Discount to List
-$10,000
-1.6%
Current Estimated Value
$973,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,261
Avg. Annual Appreciation
5.53%
Original Mortgage
$461,250
Outstanding Balance
$382,880
Interest Rate
4.12%
Mortgage Type
Commercial
Estimated Equity
$590,381

Purchase Details

Closed on
Oct 30, 2012
Sold by
Flexner Jenna Nelson
Bought by
Black Elk Properties Llc

Purchase Details

Closed on
Jul 25, 2011
Sold by
Flexner Erik
Bought by
Flexner Jenna Nelson

Purchase Details

Closed on
Mar 18, 2010
Sold by
Halverson Valerie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 27, 2007
Sold by
Federal National Mortgage Association
Bought by
Flexner Jenna Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
3.87%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2007
Sold by
Schwartz Ronald I and Schwartz Arlene S
Bought by
Halverson Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
3.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2007
Sold by
Schwartz Ronald I and Schwartz Arlene S
Bought by
Schwartz Ronald I and Schwartz Arlene S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
3.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 19, 2007
Sold by
Schwartz Ronald and Schwartz Arlene
Bought by
Schwartz Ronald I and Schwartz Arlene S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,400
Interest Rate
7.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 19, 1999
Sold by
Fsla Pomona
Bought by
Schwartz Ronald and Schwartz Arlene

Purchase Details

Closed on
Mar 16, 1999
Sold by
Thiessen Alfred and Thiessen Anita
Bought by
Pomona First Fsla
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
Zunzunegui Julio J $615,000 Fidelity National Title Comp
Black Elk Properties Llc -- Accommodation
Flexner Jenna Nelson -- Stewart Title Of California
Federal National Mortgage Association $639,830 Landsafe Title
Flexner Jenna Nelson $295,000 Stewart Title Of California
Halverson Valerie $726,000 Commonwealth Land Title Co
Schwartz Ronald I -- Commonwealth Land Title Co
Schwartz Ronald I -- None Available
Schwartz Ronald $165,000 Chicago Title Co
Pomona First Fsla $147,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zunzunegui Julio J $461,250
Previous Owner Flexner Jenna Nelson $221,250
Previous Owner Halverson Valerie $544,400
Previous Owner Schwartz Ronald $525,000
Previous Owner Schwartz Ronald $280,000
Previous Owner Schwartz Ronald $191,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2017 02/24/17 Sold $615,000 -1.6% $123 / Sq Ft
11/25/2016 11/25/16 Pending -- -- --
10/02/2016 10/02/16 For Sale $625,000 -- $125 / 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 $13,879 $713,752 $141,819 $571,933
2023 $13,879 $686,038 $136,313 $549,725
2022 $13,362 $672,588 $133,641 $538,947
2021 $12,990 $659,401 $131,021 $528,380
2020 $12,422 $652,641 $129,678 $522,963
2019 $12,203 $639,845 $127,136 $512,709
2018 $11,966 $627,300 $124,644 $502,656
2017 $8,079 $319,261 $75,756 $243,505
2016 $7,926 $313,002 $74,271 $238,731
2015 $7,762 $308,302 $73,156 $235,146
2014 $7,705 $302,265 $71,724 $230,541
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Renee Aguilar

    Premier Southland Properties

    Section Image

  • K

    Buyer's Agent in 2017

    Kelly Laule

    Better Living SoCal

See All Agents

Map

Source: The MLS

MLS Number: 16-167762

The MLS

APN: 673-181-019

California Riverside County Cathedral City 92234 The Canyon

34650 Marcia Rd, Cathedral City, CA

This home is located at 34650 Marcia Rd, Cathedral City, CA 92234 since 02 October 2016 and is currently estimated at $973,261, approximately $194 per square foot. This property was built in 1994. 34650 Marcia Rd is a home located in Riverside County with nearby schools including Cathedral City Elementary School, Nellie N. Coffman Middle School, and Cathedral City High School.

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