NOT LISTED FOR SALE

38649 Paradise Way Cathedral City, CA 92234

Cathedral City Cove Neighborhood

Estimated Value: $513,000 - $761,000

3 Beds
2 Baths
1,311 Sq Ft
$481/Sq Ft Est. Value

Last Sold July 23, 2013

Last sale price $320,000 $244 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,909/month

17 Days on Market

About This Home

As of July 2013

Welcome Home to the Cat Canyon Cove Club! This great Cove mini-estate was completely remodeled in 2008. In the kitchen you'll find Jenn-air Stainless Steel Appliances, recessed lighting and custom fans throughout the house. Master retreat has it's own restful private patio w/ gate, and is complemented by a luxurious resort-stlye bathroom with spa bathtub and large step-in shower surrounded by custom tile work. It's like having your own private day spa! Natural lighting adds to its peaceful serenity. The Open Kitchen and Living Room open out to the front patio with Fogco misting system, lots of landscaping, a pool, hummingbirds, butterflies, and amazing views. There's a putting green! A Third patio w/ teak deck provides nice afternoon shade. The HVAC and Evap Cooler are newer and the roof is under 2 years old. This a great property which epitomizes, the relaxed and carefree Cove lifestyle.

Last Agent to Sell the Property

Kristin Rain

Bennion Deville Home Referrals License #01789500 Listed on: 05/06/2013

Last Buyer's Agent

David Lyle

Douglas Elliman of California, Inc. License #01880665

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,566

Year Built

1957

Lot Details

0

Listing Details

  • Active Date: 2013-05-06
  • Building Size: 1311.0
  • Building Structure Style: Mid Century
  • Driving Directions: Take Cathedral Canyon to Terrace, go right, and then Left on Paradise.
  • Full Street Address: 38649 PARADISE WAY
  • Land Lease Purchase: No
  • Pool Construction: Above Ground
  • Primary Object Modification Timestamp: 2014-04-09
  • Mello Roos: Unknown
  • Total Number of Units: 1
  • View Type: Desert View, Mountain View, Pasture View, Valley View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1957

Interior Features

  • Bathroom Features: 2 Master Baths, Remodeled, Shower Stall
  • Appliances: Built-In And Free Standing
  • Advertising Remarks: Welcome Home to the Cat Canyon Cove Club! This great Cove mini-estate was completely remodeled in 2008. In the kitchen you'll find Jenn-air Stainless Steel Appliances, recessed lighting and custom fans throughout the house. Master retreat has it's own
  • Total Bedrooms: 3
  • Builders Tract Code: 7380
  • Builders Tract Name: CATHEDRAL CITY COVE
  • Fireplace: Yes
  • Levels: Ground Level
  • Spa: No
  • Fireplace Rooms: Living Room
  • Laundry: Laundry in Closet
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 6970
  • Common Walls: Detached/No Common Walls
  • Direction Faces: Faces East

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Type: Garage - Single Door

Utilities

  • Sewer: Connected on Bond
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Evaporative
  • Heating Type: Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2013
Closed on
Jul 19, 2013
Sold by
Thometz Laird M
Bought by
Thometz Nancy
Seller's Agent
Kristin Rain
Bennion Deville Home Referrals
Buyer's Agent
David Lyle
Douglas Elliman of California, Inc.
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Current Estimated Value
$631,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,036
Avg. Annual Appreciation
5.29%
Original Mortgage
$80,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2013
Closed on
Jun 4, 2013
Sold by
Crandall James and Thometz Nancy T
Bought by
Zachik Susanne M
Seller's Agent
Kristin Rain
Bennion Deville Home Referrals
Buyer's Agent
David Lyle
Douglas Elliman of California, Inc.
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2012
Sold by
Crandall James
Bought by
Crandall Ii James and Thometz Nancy

Purchase Details

Closed on
Aug 27, 2010
Sold by
Talerico Joseph W
Bought by
Crandall Ii James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,265
Interest Rate
4.28%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 3, 2006
Sold by
Talerico Joseph William
Bought by
Talerico Joseph W

Purchase Details

Closed on
May 19, 2006
Sold by
Murphy John P
Bought by
Talerico Joseph William and Terifaj Paula L

Purchase Details

Closed on
Jul 5, 2002
Sold by
Murphy John P
Bought by
Murphy John P and Aiken David

Purchase Details

Closed on
Mar 28, 2001
Sold by
Treece Joseph C
Bought by
Murphy John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,400
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2000
Sold by
Treece Jeane L
Bought by
Treece Joseph C
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
Thometz Nancy -- Orange Coast Title Company
Zachik Susanne M $320,000 Orange Coast Title Company
Crandall Ii James -- None Available
Crandall Ii James $200,000 Orange Coast Title Co
Talerico Joseph W -- None Available
Talerico Joseph William $250,000 New Century Title
Murphy John P -- --
Murphy John P $135,000 First American Title Co
Treece Joseph C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zachik Susanne M $75,000
Closed Zachik Susanne M $80,000
Previous Owner Zachik Susanne M $80,000
Previous Owner Crandall Ii James $194,265
Previous Owner Terifaj Paula L $130,000
Previous Owner Talerico Joseph W $90,000
Previous Owner Murphy John P $121,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2013 07/23/13 Sold $320,000 -1.5% $244 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $325,000 -- $248 / Sq Ft
Source: Palm Springs Regional 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 $6,566 $392,264 $117,676 $274,588
2023 $6,566 $377,033 $113,107 $263,926
2022 $6,593 $369,641 $110,890 $258,751
2021 $6,472 $362,394 $108,716 $253,678
2020 $6,228 $358,679 $107,602 $251,077
2019 $6,130 $351,647 $105,493 $246,154
2018 $6,022 $344,753 $103,425 $241,328
2017 $5,940 $337,995 $101,398 $236,597
2016 $5,803 $331,368 $99,410 $231,958
2015 $5,644 $326,393 $97,918 $228,475
2014 $5,606 $320,000 $96,000 $224,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kristin Rain

    Bennion Deville Home Referrals

    Section Image

  • D

    Buyer's Agent in 2013

    David Lyle

    Douglas Elliman of California, Inc.

See All Agents

Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 13-670375PS

APN: 686-202-005

California Riverside County Cathedral City 92234 Cathedral City Cove

38649 Paradise Way, Cathedral City, CA

This home is located at 38649 Paradise Way, Cathedral City, CA 92234 since 06 May 2013 and is currently estimated at $631,036, approximately $481 per square foot. This property was built in 1957. 38649 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.

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