$569,995
SOLD MAY 18, 2024
3 Beds
2 Baths
1,668 Sq Ft
0.45 Acres

Recently Sold

$342 Per Sq Ft

24 Days on Market

Highlights

  • Automatic Gate
  • Open Floorplan
  • Property is near a park
  • Updated Kitchen
  • Mountain View
  • Main Floor Bedroom

About This Home

As of May 2024

BACK ON THE MARKET DUE TO PREVIOUS BUYER NOT SECURING THEIR LOAN!! Welcome to this stunning, HUGE half acre lot property in Cathedral City! This 3 bedroom, 2 bathroom freshly remodeled home has completely new walk-in showers and sinks, kitchen appliances, A/C and heating system, and desert exterior landscaping. You'll fall in love with this family home when you see the beautiful laminate flooring, open concept living room and kitchen, granite countertops, stainless steel appliances, sliding doors, and the natural sunlight the home brings in. Retreat to the primary bedroom, complete with an upgraded ensuite bathroom and a generously sized walk-in closet. Each bedroom is equipped with mounted ceiling fans for added comfort during warmer months. Outside, the possibilities are endless with a backyard oasis featuring a covered patio with rolling sunshades, perfect for alfresco dining or relaxing in the shade. The backyard was redesigned with a gravel stone with a walkway, new trees and foliage, and new drip irrigation that will drastically lower your water bill. The home features a home generator if the power is to ever go out, plenty of storage sheds for gardening tools, and a closed off electric gate for perfect privacy! The additional large lot can be utilized in various ways - RV/car parking, basketball/tennis courts, or your dream resort backyard. You can also build an oversized ADU on the other side of the lot. If your'e a savvy investor, you can split the lot in two with California's SB9 law and build an additional home and ADU on the split lot. Maximize this lot for a total of four cash flowing structures! Rents are high in the area, with the main house leasing for $2,925/mo this past year. This property is located in prime location, with big box retail stores and food within a two minute drive (Home Depot, Walmart, Marshalls, Panera Bread, Raising Canes, etc). and Downtown Palm Springs within a five minute drive (museums, live events, high-end restaurants). Plus, Cathedral City is currently building out "Dream Homes Park," a $8.5M new park initiative within walking distance of the property. The "Dream Homes Park" is slated to open in 2025, and will feature a soccer/multi-use field, soccer field, futsal field with lighting, two basketball courts with lighting, and much more. No HOA, no land lease. There's so much potential for the property and the surrounding area, and it's competitively priced - both homeowners and investors alike!

Last Agent to Sell the Property

Alex Larcheveque

LPT Realty Brokerage Email: larchevequealex@gmail.com License #02165992 Listed on: 02/29/2024

Last Buyer's Agent

Ryan Dick

Compass License #01951618

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,738

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • 0.45 Acre Lot
  • Property fronts a private road
  • Brick Fence
  • Chain Link Fence
  • Drip System Landscaping
  • Corner Lot
  • Rectangular Lot
  • Sprinklers on Timer
  • Private Yard
  • Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway
  • Automatic Gate

Property Views

  • Mountain
  • Desert

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,668 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Dry Bar
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Laminate Flooring
  • Security Lights

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Self-Cleaning Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Utility Sink

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Humidity Controlled

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Gas Water Heater
  • Sewer Paid
  • Phone Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 96
  • Tax Tract Number 19015
  • Assessor Parcel Number 677341006
  • $1,157 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,738

Year Built

Built in 1981 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: Agent Cell
  • Other Phone Number: 9095697757
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Automatic Gate, Security Lights
  • Subdivision Name Other: Dream Homes
  • View: Yes
  • Zoning: R1
  • Architectural Style: Spanish
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 677341006
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1668.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Dry Bar, Granite Counters, Open Floorplan, Pantry
  • Stories: 1
  • Entry Location: In front, left of garage
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Living Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 341.72
  • Room Type: Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet, Walk-In Pantry
  • Window Features: Blinds, Screens
  • Bathroom Features: Bathtub, Shower, Exhaust Fan(s), Humidity Controlled, Remodeled, Stone Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Utility Sink

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Desert, Mountain(s)
  • Fence: Yes
  • Fencing: Brick, Chain Link
  • Patio And Porch Features: Concrete, Covered, Rear Porch
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage Faces Front, Garage - Single Door, Garage Door Opener, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Freezer, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Self Cleaning Oven
  • Electric: 220 Volts, Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Garage, Washer Hookup, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Suburban

Schools

  • School District: Palm Springs Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Front Yard, Landscaped, Lot 10000-19999 Sqft, Rectangular Lot, Park Nearby, Sprinkler System, Sprinklers Drip System, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 19602.00
  • Lot Size Acres: 0.4500

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 19602.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 447.02
  • Tax Lot: 96
  • Tax Tract Number: 019015
  • TaxOtherAnnualAssessmentAmount: 1157.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Apr 5, 2024
Sold by
Larcheveque Alexander
Bought by
Houston Cole
Seller's Agent
Alex Larcheveque
LPT Realty
Buyer's Agent
Ryan Dick
Compass
List Price
$569,995
Sold Price
$569,995
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%
Original Mortgage
$554,761
Outstanding Balance
$547,406
Interest Rate
6.82%
Mortgage Type
FHA
Estimated Equity
$90,615

Purchase Details

Listed on
Feb 22, 2022
Closed on
Mar 29, 2022
Sold by
Louvet Marital Trust
Bought by
Larcheveque Alexander
Seller's Agent
Peter Zarenejad
Keller Williams Realty
Buyer's Agent
Alex Larcheveque
LPT Realty
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.73%
Original Mortgage
$495,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2021
Sold by
Villanueva Louvet Ismael
Bought by
Louvet Marital Trust

Purchase Details

Closed on
Feb 9, 2018
Sold by
Louvet Bernard G and Villanueva Louvet Ismael
Bought by
Louvet Bernard Gilbert and Louvet Ismael Villanueva

Purchase Details

Listed on
Dec 7, 2016
Closed on
Jan 24, 2017
Sold by
Martha Jose A
Bought by
Louvet Bernard G and Louvet Ismael Vilanueva
Seller's Agent
Lorena Ruiz
Choice 1 Realty
Buyer's Agent
Michael Valerio
HomeSmart
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.41%
Original Mortgage
$156,000
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 1998
Sold by
Abel Diaz
Bought by
Martha Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,611
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 1997
Sold by
Susie Diaz
Bought by
Diaz Abel L
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $565,000 Chicago Title
Grant Deed $5,454,545 Orange Coast Title
Deed -- --
Interfamily Deed Transfer -- None Available
Grant Deed $140,000 Ticor Title Company
Grant Deed $72,000 Commonwealth Land Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $554,761 FHA
Previous Owner $495,000 New Conventional
Previous Owner $455,000 New Conventional
Previous Owner $156,000 Commercial
Previous Owner $71,611 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $599,998 +5.3% $360 / Sq Ft
05/18/2024 05/18/24 Sold $569,995 0.0% $342 / Sq Ft
05/06/2024 05/06/24 For Sale $569,995 0.0% $342 / Sq Ft
05/01/2024 05/01/24 Price Changed $569,995 0.0% $342 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $569,995 0.0% $342 / Sq Ft
06/27/2022 06/27/22 Rented $2,925 +0.9% --
06/15/2022 06/15/22 Price Changed $2,900 -7.9% $2 / Sq Ft
06/08/2022 06/08/22 For Rent $3,150 0.0% --
04/19/2022 04/19/22 Sold $550,000 0.0% $330 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/15/2022 03/15/22 Price Changed $550,000 -4.3% $330 / Sq Ft
02/22/2022 02/22/22 For Sale $575,000 +310.7% $345 / Sq Ft
03/02/2017 03/02/17 Sold $140,000 0.0% $84 / Sq Ft
12/15/2016 12/15/16 Pending -- -- --
12/15/2016 12/15/16 Off Market $140,000 -- --
12/07/2016 12/07/16 For Sale $140,000 -- $84 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,738 $576,293 $144,073 $432,220
2023 $7,738 $535,500 $25,500 $510,000
2022 $3,006 $153,107 $38,276 $114,831
2021 $3,080 $150,106 $37,526 $112,580
2020 $2,832 $148,568 $37,142 $111,426
2019 $2,777 $145,656 $36,414 $109,242
2018 $2,719 $142,800 $35,700 $107,100
2017 $2,223 $97,237 $33,762 $63,475
2016 $2,185 $95,331 $33,100 $62,231
2015 $2,125 $93,901 $32,603 $61,298
2014 $2,115 $92,064 $31,965 $60,099
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24038740

California Regional Multiple Listing Service (CRMLS)

APN: 677-341-006