NOT LISTED FOR SALE

68030 Espada Rd Cathedral City, CA 92234

Panorama Neighborhood

Estimated Value: $506,000 - $608,401

3 Beds
2 Baths
1,352 Sq Ft
$414/Sq Ft Est. Value

Sale Details

Date Sold: March 22, 2024

Last sale price $620,000 $459 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,711 / mo

7 Days on Market

Highlights

  • In Ground Pool
  • Midcentury Modern Architecture
  • Secluded Lot
  • Solar Power System
  • Mountain View
  • High Ceiling

About This Home

As of March 2024

Built in 1961 this gated, Mid-Century home is your new private oasis. Located only a few minutes to downtown Palm Springs, this fully remodeled three bedroom, two bathroom pool and spa home features an open concept kitchen, high ceilings, fireplace, renovated bathrooms, new floors, new roof, solar power and numerous technological assets. Once inside the gates, the home is surrounded by mature hedge, affording the new owner a very secluded escape with fantastic mountain views and an abundance of privacy from the pool and spa. The grounds of the home are meticulously manicured and it sits of fee simple land, or land you own with no HOA. This home offers all the peacefulness and charm of a Mid-Century home, with all the amenities of an upgraded and modernized residence.

Last Agent to Sell the Property

Marcus Miceli

Initiate Realty, Inc. License #01439068 Listed on: 02/13/2024

Initiate Realty, Inc.

Last Buyer's Agent

Timothy Burks

License #01927139

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 8,276 Sq Ft Lot
  • South Facing Home
  • Fenced Yard
  • Secluded Lot
  • Sprinkler System
  • Back and Front Yard
  • Property is zoned R1

Home Design

  • Midcentury Modern Architecture
  • Composition Roof

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area
  • Ceramic Tile Flooring
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas and Electric Range
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger
  • Auto Driveway Gate

Pool

  • In Ground Pool
  • Heated Spa
  • Gas Heated Pool

Outdoor Features

  • Covered Patio or Porch
  • Gazebo
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Solar Power System
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 675-072-024

Home Details

Home Type

Single Family

Year Built

Built in 1961 | Remodeled

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level - no steps
  • Living Area: 1352
  • Lot Acreage: 0.1900
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1961
  • Builders Tract Name: Panorama
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Ceramic Tile
  • Appliances: Oven-Gas, Gas/Electric Range, Gas Grill
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, Main Floor Master Bedroom, Ground Floor Master, Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Kitchen Island
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Refrigerator, Solar Panels, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 428.25
  • Windows: Window Blinds

Exterior Features

  • Direction Faces: South
  • Other Features: High Ceilings (9 Feet+), Sprinkler System, Sliding Glass Doors, Slab
  • Other Structures: Gazebo
  • Tennis Court Y/N: No
  • Fence: Wood
  • Patio: Concrete Slab, Covered, Patio Open, Porch - Rear, Slab
  • Pool Description: In Ground, Heated with Gas
  • Pool: Yes
  • Roof: Composition
  • Spa: Hot Tub, Heated with Electricity
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway Gate, Electric Vehicle Charging Station(s)
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Exterior Security Lights, Gated, Smoke Detector, Prewired for alarm system, Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 675-072-024
  • Lot Description: Automatic Gate, Back Yard, Curbs, Exterior Security Lights, Fenced, Fenced Yard, Front Yard, Secluded, Single Lot
  • Lot Location: City
  • Lot Size Area: 8276

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Mar 7, 2024
Sold by
Bought by
Seller's Agent
Marcus Miceli
Initiate Realty, Inc.
Buyer's Agent
Timothy Burks
List Price
$579,000
Sold Price
$620,000
Premium/Discount to List
$41,000
7.08%
Views
16
Current Estimated Value
$559,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,650
Avg. Annual Appreciation
-4.40%
Original Mortgage
$468,100
Outstanding Balance
$457,092
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$102,258

Purchase Details

Listed on
May 14, 2020
Closed on
Jun 8, 2020
Sold by
Bought by
Seller's Agent
Josh Morrow
Christie's International Real Estate SoCal
Buyer's Agent
Roddy de la Garza
List Price
$429,000
Sold Price
$429,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%
Original Mortgage
$343,200
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2017
Sold by
Bought by

Purchase Details

Closed on
Mar 17, 2016
Sold by
Bought by

Purchase Details

Listed on
Oct 13, 2012
Closed on
Feb 13, 2013
Sold by
Bought by
Seller's Agent
Frances Chestnut
JBRE, Inc
Buyer's Agent
Matthew Reader
List Price
$179,900
Sold Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%
Original Mortgage
$176,248
Interest Rate
3.49%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 19, 2012
Sold by
Bought by

Purchase Details

Closed on
Aug 11, 2005
Sold by
Bought by

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
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
5.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 8, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,978
Interest Rate
8.01%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$620,000 First American Title
$429,000 Fidelity National Title
$317,500 Fidelity Sherman Oaks
-- Fidelity National Title Comp
$196,000 Fidelity National Title
$184,136 Accommodation
$179,500 Orange Coast Title
$235,629 None Available
$295,000 Orange Coast Title Co
-- Fidelity National Title Insu
$99,500 Chicago Title Co
-- --
-- Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $468,100
Previous Owner $343,200
Previous Owner $294,500
Previous Owner $176,248
Previous Owner $210,000
Previous Owner $142,000
Previous Owner $98,978
Previous Owner $59,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2024 03/22/24 Sold $620,000 +7.1% $459 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $579,000 +35.0% $428 / Sq Ft
06/18/2020 06/18/20 Sold $429,000 0.0% $317 / Sq Ft View Prior Sale
05/28/2020 05/28/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $429,000 +35.1% $317 / Sq Ft
10/16/2017 10/16/17 Sold $317,500 -9.3% $235 / Sq Ft View Prior Sale
10/03/2017 10/03/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $349,999 +94.6% $259 / Sq Ft
03/29/2013 03/29/13 Sold $179,900 0.0% $133 / Sq Ft View Prior Sale
03/22/2013 03/22/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $179,900 0.0% $133 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
12/19/2012 12/19/12 Price Changed $179,900 -2.2% $133 / Sq Ft
11/12/2012 11/12/12 Price Changed $184,000 -0.5% $136 / Sq Ft
10/26/2012 10/26/12 Price Changed $184,900 -0.1% $137 / Sq Ft
10/13/2012 10/13/12 For Sale $185,000 -- $137 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,478 $632,399 $158,101 $474,298
2023 $6,556 $450,954 $99,861 $351,093
2022 $6,430 $442,112 $97,903 $344,209
2021 $6,257 $433,444 $95,984 $337,460
2020 $4,619 $330,326 $82,711 $247,615
2019 $4,522 $323,850 $81,090 $242,760
2018 $4,456 $317,500 $79,500 $238,000
2017 $3,120 $204,000 $51,000 $153,000
2016 $6,243 $186,719 $46,809 $139,910
2015 $2,798 $183,916 $46,107 $137,809
2014 $2,742 $180,314 $45,204 $135,110
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Marcus Miceli

    Initiate Realty, Inc.

    (310) 741-8342

    1 in this area

    32 Total Sales

    Marcus Miceli
    Section Image

  • T

    Buyer's Agent in 2024

    Timothy Burks

    (888) 294-1415

    1 in this area

    15 Total Sales

    Timothy Burks
    Section Image
  • Josh Morrow

    Seller's Agent in 2020

    Josh Morrow

    Christie's International Real Estate SoCal

    (310) 654-9800

    57 Total Sales

    Josh Morrow
    Section Image
  • Aaron Kirman

    Seller Co-Listing Agent in 2020

    Aaron Kirman

    Christie's International Real Estate SoCal

    (424) 249-7162

    226 Total Sales

    Aaron Kirman
    Section Image

  • R

    Buyer's Agent in 2020

    Roddy de la Garza

    Section Image

  • J

    Seller's Agent in 2017

    Joseph Chung

    Compass

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-354873

The MLS

APN: 675-072-024

California Riverside County Cathedral City 92234 Panorama

68030 Espada Rd, Cathedral City, CA

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The MLS © 2026 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.
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