Seller's Agent in 2020
Nathan Diones
REGIONCY REAL ESTATE
(909) 709-3781
1 in this area
26 Total Sales
38411 Paradise Way Cathedral City, CA 92234
Cathedral City Cove NeighborhoodEstimated Value: $462,000 - $598,000
2
Beds
2
Baths
1,808
Sq Ft
$303/Sq Ft
Est. Value
Highlights
- Laundry Room
- Central Heating
- 1-Story Property
- Landscaped
About This Home
As of November 2020Remodeled and 100% occupied Duplex located in the desirable Cathedral City Cove, surrounded by residential homes, with unique character and a BASEMENT makes this duplex one of a kind! Each unit has one large bedroom, a kitchen with separate dining room, a living room and one bathroom. Fresh paint inside and out, wood floors, ceiling fans, newer roof, laundry area, and beautiful mountain and valley views! The front patio provides you with some awesome views of the valley while enjoying the peace and serenity of the cove, yet close to shopping, restaurants, movies and more! A rock wall surrounds the low-maintenance front yard and driveway. BONUS: There is a LARGE underground basement, with stairs going down to it from outside, underneath Unit #B! Could be used as a storage room, separate office, gym, etc. This would make a great investment property or live in one and rent the other.
Last Agent to Sell the Property
REGIONCY REAL ESTATE License #01767311 Listed on: 09/29/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,590
Year Built
- Built in 1958
Lot Details
- 9,148 Sq Ft Lot
- 1 Common Wall
- Landscaped
Parking
- 1 Car Garage
Home Design
- Property Attached
Interior Spaces
- 1,808 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Location
- Suburban Location
Utilities
- Central Heating
- Sewer on Bond
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 33
- Tax Tract Number 1234
- Assessor Parcel Number 686172013
Community Details
Overview
- 2 Units
- Cathedral City Cove Subdivision
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $800
- Trash Expense $200
- Water Sewer Expense $240
- New Taxes Expense $5,027
- Operating Expense $10,240
- Gross Income $31,200
- Net Operating Income $20,240
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 29, 2020
Closed on
Oct 10, 2020
Sold by
Capozzi Brent T and Lahodny Lorne K
Bought by
Gima Gabriel Joshua
Seller's Agent
Nathan Diones
REGIONCY REAL ESTATE
Buyer's Agent
Darryl Keene
List Price
$389,000
Sold Price
$395,000
Premium/Discount to List
$6,000
1.54%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,687
Avg. Annual Appreciation
6.91%
Original Mortgage
$296,250
Outstanding Balance
$263,018
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$285,669
Purchase Details
Closed on
Mar 2, 2020
Sold by
Lahodny Deeann N
Bought by
Lahodny Lorne K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 18, 2017
Closed on
Nov 6, 2017
Sold by
Mti Capital Inc
Bought by
Lahodny Lorne K
Seller's Agent
Jason Franey
LIV Sotheby's International
Buyer's Agent
Nathan Diones
REGIONCY REAL ESTATE
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%
Purchase Details
Closed on
Oct 20, 2016
Sold by
Sapienzae Samuel and Sapienzae Helen
Bought by
Mti Capital Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
3.54%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 10, 1994
Sold by
Sapienzae Samuel
Bought by
Sapienzae Samuel and Sapienzae Helen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
7%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gima Gabriel Joshua | $395,000 | Stewart Title | |
| Lahodny Lorne K | -- | Ticor Ttl Orange Cnty Branch | |
| Lahodny Lorne K | $275,000 | Stewart Title Of California | |
| Mti Capital Inc | $169,000 | Chicago Title Company | |
| Sapienzae Samuel | -- | Union Land Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gima Gabriel Joshua | $296,250 | |
| Previous Owner | Lahodny Lorne K | $210,000 | |
| Previous Owner | Mti Capital Inc | $118,000 | |
| Previous Owner | Sapienzae Samuel | $61,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/25/2020 11/25/20 | Sold | $395,000 | +1.5% | $218 / Sq Ft | |
| 10/05/2020 10/05/20 | Pending | -- | -- | -- | |
| 09/29/2020 09/29/20 | For Sale | $389,000 | +41.5% | $215 / Sq Ft | |
| 11/16/2017 11/16/17 | Sold | $275,000 | -8.3% | $224 / Sq Ft | View Prior Sale |
| 11/15/2017 11/15/17 | Pending | -- | -- | -- | |
| 07/18/2017 07/18/17 | For Sale | $299,900 | -- | $244 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,590 | $427,558 | $129,890 | $297,668 |
| 2023 | $7,590 | $410,958 | $124,848 | $286,110 |
| 2022 | $7,556 | $402,900 | $122,400 | $280,500 |
| 2021 | $7,525 | $395,000 | $120,000 | $275,000 |
| 2020 | $5,798 | $286,109 | $86,353 | $199,756 |
| 2019 | $5,699 | $280,500 | $84,660 | $195,840 |
| 2018 | $5,566 | $275,000 | $83,000 | $192,000 |
| 2017 | $4,233 | $169,000 | $51,000 | $118,000 |
| 2016 | $3,251 | $93,904 | $24,000 | $69,904 |
| 2015 | $3,189 | $92,496 | $23,641 | $68,855 |
| 2014 | $3,171 | $90,686 | $23,179 | $67,507 |
Source: Public Records
Agents Affiliated with this Home
-
Nathan Diones
-
Darryl Keene
D
Buyer's Agent in 2020
Darryl Keene
(760) 218-1793
2 in this area
27 Total Sales
-
Jason Franey
Seller's Agent in 2017
Jason Franey
LIV Sotheby's International
(805) 794-6150
60 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: EV20204014
APN: 686-172-013
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