NOT LISTED FOR SALE

35200 Cathedral Canyon Dr Unit V177 Cathedral City, CA 92234

The Canyon Neighborhood

Estimated Value: $321,550 - $435,000

2 Beds
2 Baths
1,335 Sq Ft
$535/mo HOA Fee

Last Sold June 12, 2024

Last sale price $330,000 $247 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,775/month

89 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • 2 Fireplaces
  • Heated In Ground Pool
  • Pond View
  • Home fronts a stream

About This Home

As of June 2024

Welcome to your dream condo in the coveted community of Canyon Shores! This stunning 2 bedroom, 2 bath mostly furnished home is situated in one of the most desirable locations in the community, with a picturesque stream/pond by the front door and a larger pond next to the outdoor covered patio boasting breathtaking south facing mountain views and calming waterfall sounds.As you step inside, you'll be greeted by newer luxury vinyl flooring and newer paint throughout, creating a bright and inviting atmosphere. The home also features a spacious indoor laundry room and newer water heater, hvac system and furnace, ensuring that your comfort and convenience is always top priority.But the amenities don't stop there! Canyon Shores community offers 5 heated pools & spas, tennis and pickleball courts, a clubhouse with fitness center, and short-term rentals with a minimum of 7 days, making this an excellent opportunity for generating passive income and a perfect option for a 1031 tax exchange.Don't miss this rare chance to own a slice of paradise in the stunning community of Canyon Shores. Contact us today to schedule a private showing, as this beauty won't be around for long!

Last Agent to Sell the Property

David Colin

HomeSmart License #01710306 Listed on: 03/04/2024

HomeSmart

Last Buyer's Agent

Michael Malloch

Equity Union License #01945538

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,878

Year Built

  • Built in 1989

Lot Details

  • Home fronts a stream
  • Home has North and South Exposure
  • Sprinkler System

HOA Fees

  • $535 Monthly HOA Fees

Property Views

  • Pond
  • Creek or Stream
  • Mountain

Interior Spaces

  • 1,335 Sq Ft Home
  • Partially Furnished
  • 2 Fireplaces
  • Family Room
  • Vinyl Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • 3 Car Parking Spaces
  • 1 Assigned Parking Space

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • In Ground Spa
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 687066041

Community Details

Overview

  • Canyon Shores Subdivision

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,878

Year Built

Built in 1989

Lot Details

0

HOA Fees

$535 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: Ground
  • List Price per Sq Ft: 262.10
  • Lp Sp Ratio: 0.9400
  • View Type: Creek/Stream, Mountain(s), Pond
  • Year Built: 1989
  • Listing I D: 219107915
  • Listing Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Member Fax: (760) 844-7550
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • Selling Member Address: 70115 Hwy 111, Rancho Mirage, CA 92270
  • Selling Office Address: 70115 Hwy 111, Rancho Mirage, CA 92270
  • Land Type: Fee
  • Subdivision: Canyon Shores
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Flooring: Vinyl
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1335.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes
  • Waterfront: Stream

Garage/Parking

  • Parking: Assigned
  • Total Carport Spaces: 1.00
  • Total Covered Spaces: 1.00
  • Total Parking Spaces: 3.00
  • Total Uncovered Assigned Spaces: 1.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Fitness Center
  • HOA Information: Yes
  • HOA Fee 1: 535.00
  • Total Monthly Association Fees: 535.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 687066041
  • Irrigation: Sprinkler System
  • Lot Size: 1370.00

Rental Info

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

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Apr 30, 2024
Sold by
Welch Sarah
Bought by
Manukyan Evelina
Seller's Agent
David Colin
HomeSmart
Buyer's Agent
Michael Malloch
Equity Union
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%
Views
95
Current Estimated Value
$383,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,138
Avg. Annual Appreciation
13.13%
Original Mortgage
$264,000
Outstanding Balance
$260,758
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$122,380

Purchase Details

Closed on
Nov 1, 2023
Sold by
Hayes George M
Bought by
Welch Sarah

Purchase Details

Closed on
Dec 2, 1996
Sold by
Perline Paul A and Perline Catherine A
Bought by
Hayes George M and Welch Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
7.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 1993
Sold by
Karney Jules and Karney Barbara
Bought by
Perline Paul and Perline Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.24%
Mortgage Type
Seller Take Back
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
Manukyan Evelina $330,000 None Listed On Document
Welch Sarah -- None Listed On Document
Hayes George M $77,272 Continental Lawyers Title Co
Perline Paul $90,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manukyan Evelina $264,000
Previous Owner Hayes George M $62,400
Previous Owner Perline Paul $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $330,000 -5.7% $247 / Sq Ft
03/04/2024 03/04/24 For Sale $349,900 -- $262 / 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 $1,878 $336,600 $84,150 $252,450
2023 $1,878 $117,373 $31,291 $86,082
2022 $1,816 $115,073 $30,678 $84,395
2021 $1,762 $112,818 $30,077 $82,741
2020 $1,683 $111,662 $29,769 $81,893
2019 $1,659 $109,474 $29,186 $80,288
2018 $1,633 $107,328 $28,615 $78,713
2017 $1,612 $105,224 $28,054 $77,170
2016 $1,572 $103,161 $27,504 $75,657
2015 $1,524 $101,613 $27,092 $74,521
2014 $1,514 $99,624 $26,562 $73,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219107915

California Desert Association of REALTORS®

APN: 687-066-041