NOT LISTED FOR SALE

38206 Paradise Way Cathedral City, CA 92234

Cathedral City Cove Neighborhood

Estimated Value: $809,000 - $873,000

2 Beds
2 Baths
2,560 Sq Ft
$326/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $589,000 $230 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,185/month

22 Days on Market

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • No HOA
  • Mountain View
  • High Ceiling
  • Home Office

About This Home

As of July 2020

Looking for a one of a kind pool home with mountain views, contemporary lines and a beautifully landscaped yard? Here it is! This gorgeous, desert-contemporary home is located in the upper section of the Cathedral City Cove and is perfect for buyers looking for a place to entertain in style.Completely re-imagined in the mid-2000s, this home was extensively renovated and expanded to include a massive living room (it's huge!) and a beautiful kitchen. And the fully enclosed backyard provides privacy while swimming or sunning next to the stunning pool with waterfall feature. This home is close to the new casino, city amphitheater, CV Repertory theater, Mary Pickford theaters and so much more. You really won't see a home like it again, so try to see it as soon as possible. All information stated is deemed accurate, but buyers are advised to verify details stated or otherwise prior to purchase.

Last Agent to Sell the Property

Geoffrey Moore

Town Real Estate License #01942291 Listed on: 06/19/2020

Co-Listed By

Kevin Stern

Town Real Estate License #01376548

Last Buyer's Agent

Jon Caruana

Compass License #01512713

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,737

Year Built

  • Built in 1952

Lot Details

  • 9,583 Sq Ft Lot
  • West Facing Home
  • Block Wall Fence
  • Property is zoned R1

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Flat Roof Shape
  • Foam Roof
  • Stucco

Interior Spaces

  • 2,560 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Living Room with Fireplace
  • Home Office
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Converted Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathtub
  • Shower Only

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gas Heated Pool
  • Gunite Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Sewer on Bond

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 686-165-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,737

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: Looking for a one of a kind pool home with mountain views, contemporary lines and a beautifully landscaped yard? Here it is! This gorgeous, desert-contemporary home is located in the upper section of the Cathedral City Cove and is perfect for buyers looking for a place to entertain in style. Completely re-imagined in the mid-2000s, this home was extensively renovated and expanded to include a massive living room (it's huge!) and a beautiful kitchen. And the fully enclosed backyard provides privacy while swimming or sunning next to the stunning pool with waterfall feature. This home is close to the new casino, city amphitheater, CV Repertory theater, Mary Pickford theaters and so much more. You really won't see a home like it again, so try to see it as soon as possible. All information stated is deemed accurate, but buyers are advised to verify details stated or otherwise prior to purchase.
  • Entry Location: Main Level
  • Exclusions: Furniture and personal belongings.
  • Living Area: 2560
  • Lot Acreage: 0.2200
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Year Built: 1952
  • Builders Tract Name: Cathedral City Cove
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Pre-wired for surround sound, Recessed Lighting, Sunken Living Room
  • Fireplace Rooms: Living Room
  • Flooring: Tile, Cement
  • Appliances: Range, Gas
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Master Bedroom, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tub Only, Tile, Remodeled, Shower Stall
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Area
  • Kitchen Features: Tile Counters, Remodeled
  • Laundry: In Closet, In Kitchen
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Hood Fan, Washer, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 230.08
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Custom Built, High Ceilings (9 Feet+)
  • Other Structures: None
  • Fence: Block
  • Pool Description: Heated with Gas, Gunite, In Ground, Private
  • Pool: Yes
  • Roof: Flat, Foam
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Connected on Bond
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 686-165-001
  • Geocode Override: No
  • Lot Size Area: 9583

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Jul 15, 2020
Sold by
Lorey Fred
Bought by
Ryan Michael
Seller's Agent
Geoffrey Moore
Town Real Estate
Buyer's Agent
Jon Caruana
Compass
List Price
$599,000
Sold Price
$589,000
Premium/Discount to List
-$10,000
-1.67%
Current Estimated Value
$833,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,890
Avg. Annual Appreciation
6.83%

Purchase Details

Listed on
Jan 23, 2015
Closed on
May 26, 2015
Sold by
Riggs Daniel L
Bought by
Lorey Fred
Seller's Agent
Daniel Riggs
Keller Williams Luxury Homes
Buyer's Agent
Geoffrey Moore
Town Real Estate
List Price
$550,000
Sold Price
$455,000
Premium/Discount to List
-$95,000
-17.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$200,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2015
Sold by
Lapaglia Michael R
Bought by
The Lapaglia Family Revocable Trust

Purchase Details

Closed on
Dec 3, 2010
Sold by
Riggs Michael
Bought by
Riggs Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,066
Interest Rate
4.21%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2009
Sold by
Riggs Jane
Bought by
Riggs Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,584
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Riggs Daniel L and Riggs Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,584
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2008
Sold by
Wilson William Andrew
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital I Inc Trust 2

Purchase Details

Closed on
Feb 19, 2008
Sold by
Wilson William Andrew
Bought by
Overland Financial

Purchase Details

Closed on
Jan 16, 2008
Sold by
Colton David William
Bought by
Wilson William Andrew

Purchase Details

Closed on
Jul 3, 2006
Sold by
Wilson William Andrew
Bought by
Wilson William Andrew and Colton David William

Purchase Details

Closed on
Jul 26, 2005
Sold by
Wilson William A
Bought by
Ad1950 Llc

Purchase Details

Closed on
Mar 26, 2005
Sold by
Foley Francis J and Foley Lucy B
Bought by
Wilson William Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage
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
Ryan Michael $589,000 First American Title Company
Lorey Fred $455,000 Lawyers Title Company
The Lapaglia Family Revocable Trust -- None Available
Riggs Daniel L -- Nations Title Company
Riggs Michael -- Landsafe Title San Bernardin
Riggs Daniel L $299,000 Landsafe Title San Bernardin
Deutsche Bank National Trust Co $233,750 Landsafe Title
Overland Financial -- None Available
Wilson William Andrew -- United General Title Ins Co
Wilson William Andrew -- Lawyers Title Co
Ad1950 Llc -- --
Wilson William Andrew $280,000 New Century Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lorey Fred $200,000
Previous Owner Riggs Daniel L $297,066
Previous Owner Riggs Daniel L $293,584
Previous Owner Wilson William Andrew $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2020 07/24/20 Sold $589,000 0.0% $230 / Sq Ft
07/11/2020 07/11/20 Pending -- -- --
07/09/2020 07/09/20 Price Changed $589,000 -1.7% $230 / Sq Ft
06/19/2020 06/19/20 For Sale $599,000 +31.6% $234 / Sq Ft
06/26/2015 06/26/15 Sold $455,000 0.0% $178 / Sq Ft View Prior Sale
03/20/2015 03/20/15 Price Changed $455,000 -13.3% $178 / Sq Ft
02/05/2015 02/05/15 Price Changed $525,000 -4.5% $205 / Sq Ft
01/23/2015 01/23/15 For Sale $550,000 -- $215 / 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 $9,737 $651,075 $189,425 $461,650
2023 $9,737 $625,795 $182,070 $443,725
2022 $9,679 $600,780 $178,500 $422,280
2021 $9,496 $589,000 $175,000 $414,000
2020 $8,071 $500,013 $150,003 $350,010
2019 $7,942 $490,210 $147,062 $343,148
2018 $7,802 $480,599 $144,179 $336,420
2017 $7,695 $471,176 $141,352 $329,824
2016 $7,507 $461,938 $138,581 $323,357
2015 $5,680 $322,349 $96,703 $225,646
2014 -- $316,036 $94,809 $221,227
Source: Public Records

Agents Affiliated with this Home

  • Geoffrey Moore

    Seller's Agent in 2020

    Geoffrey Moore

    Town Real Estate

    (760) 641-5689

    3 in this area

    96 Total Sales

    Geoffrey Moore
    Section Image

  • K

    Seller Co-Listing Agent in 2020

    Kevin Stern

    Town Real Estate

    Section Image
  • Jon Caruana

    Buyer's Agent in 2020

    Jon Caruana

    Compass

    (760) 534-8185

    145 Total Sales

    Jon Caruana
    Section Image

  • D

    Seller's Agent in 2015

    Daniel Riggs

    Keller Williams Luxury Homes

See All Agents

Map

Source: The MLS

MLS Number: 20-593680

The MLS

APN: 686-165-001

California Riverside County Cathedral City 92234 Cathedral City Cove

38206 Paradise Way, Cathedral City, CA

This home is located at 38206 Paradise Way, Cathedral City, CA 92234 since 19 June 2020 and is currently estimated at $833,890, approximately $325 per square foot. This property was built in 1952. 38206 Paradise Way is a home located in Riverside County with nearby schools including Rancho Mirage Elementary School, Nellie N. Coffman Middle School, and Cathedral City High School.

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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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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