NOT LISTED FOR SALE

Estimated Value: $422,000 - $485,000

3 Beds
2 Baths
1,305 Sq Ft
$359/Sq Ft Est. Value

Last Sold July 01, 2014

Last sale price $229,000 $175 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,774/month

23 Days on Market

About This Home

As of July 2014

Desert living at a great value! This newly renovated 1,305 sq. ft home on an over sized lot is nestled in Cathedral City's Panorama development. Freshly painted, 3bd/2 ba, features an upgraded kitchen with granite counter tops and stainless steel appliances. Large private backyard with an elegantly curved pool and spa. Spectacular, unobstructed mountain views. Tile flooring in living areas. Brand new carpet in bedrooms. Central heating and air. Two car garage. Gated RV parking. All this make for comfortable indoor living and fabulous outdoor entertaining.

Last Agent to Sell the Property

Guy Prehn

Compass License #01884472 Listed on: 04/25/2014

Compass

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Home Details

Home Type

Single Family

Year Built

1988

Lot Details

0

Parking

2

Listing Details

  • Entry Location: Ground Level - no steps
  • Active Date: 2014-04-25
  • Full Bathroom: 2
  • Building Size: 1305.0
  • Building Structure Style: Hacienda
  • Doors: Sliding Glass Door(s)
  • Driving Directions: Landau Blvd. turn East onto Tortuga. Turn right onto Avenida La Paz. Left onto Risueno Road.
  • Full Street Address: 68100 RISUENO RD
  • Pool Construction: In Ground
  • Primary Object Modification Timestamp: 2015-10-01
  • Property Condition: Updated/Remodeled
  • Spa Construction: In Ground
  • Mello Roos: Unknown
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1988

Interior Features

  • Bathroom Features: Shower Over Tub
  • Bedroom Features: All Bedrooms Down, Ground Floor Master Bedroom
  • Eating Areas: Dining Area, In Kitchen
  • Appliances: Microwave, Range, Oven
  • Advertising Remarks: Desert living at a great value! This newly renovated 1,305 sq. ft home on an over sized lot is nestled in Cathedral City's Panorama development. Freshly painted, 3bd/2 ba, features an upgraded kitchen with granite counter tops and stainless steel applianc
  • Total Bedrooms: 3
  • Builders Tract Code: 7260
  • Builders Tract Name: PANORAMA
  • Fireplace: Yes
  • Levels: Ground Level
  • Spa: Yes
  • Interior Amenities: Drywall Walls, High Ceilings (9 Feet+)
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Electric Dryer Hookup, Garbage Disposal, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Refrigerator
  • Floor Material: Carpet
  • Kitchen Features: Granite Counters
  • Laundry: In Garage
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 9583
  • Common Walls: Detached/No Common Walls
  • Direction Faces: Faces South
  • Construction: Stucco
  • Foundation: Foundation - Concrete Slab
  • Other Features: High Ceilings (9 Feet+)
  • Patio: Patio Open
  • Fence: Block Wall

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway - Concrete, RV Gated
  • Parking Type: Garage - Two Door, RV Access

Utilities

  • Sprinklers: Sprinkler System
  • TV Svcs: Cable TV
  • Water Heater: Water Heater Unit
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central A/C
  • Heating Type: Central Furnace, Fireplace
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Lot Description: Back Yard, Front Yard

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2014
Closed on
May 27, 2014
Sold by
Goldman Michael L
Bought by
Serna Roberto Ibarra and Serna Maria Del Rocio
Seller's Agent
Guy Prehn
Compass
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$237,500
Sold Price
$229,000
Premium/Discount to List
-$8,500
-3.58%
Current Estimated Value
$468,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,724
Avg. Annual Appreciation
6.35%
Original Mortgage
$224,852
Outstanding Balance
$171,349
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$297,375

Purchase Details

Listed on
Feb 6, 2014
Closed on
Mar 11, 2014
Sold by
Corona Mario A and Corona Mely P
Bought by
Goldman Michael L
Seller's Agent
Debbie Bianco
Coldwell Banker Realty
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$97,000
Sold Price
$165,000
Premium/Discount to List
$68,000
70.1%

Purchase Details

Closed on
Jan 26, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Corona Mario A and Corona Mely P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,316
Interest Rate
4.92%
Mortgage Type
VA

Purchase Details

Closed on
Aug 29, 2008
Sold by
Medina Rene Vega
Bought by
Mortgage Electronic Registration Systems and Deutsche Bank National Trust Co

Purchase Details

Closed on
Aug 27, 2008
Sold by
Medina Rene Vega
Bought by
Deutsche Bank National Trust Co and Soundview Home Loan Trust 2006-Eq1

Purchase Details

Closed on
Jul 18, 2006
Sold by
Medina Rene Vega
Bought by
Medina Rene Vega

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2005
Sold by
Yahut Dawn E
Bought by
Medina Rene Vega

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2005
Sold by
Trejo Jorge
Bought by
Medina Rene Vega

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2004
Sold by
Trejo Georgina Montoya
Bought by
Trejo Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,800
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2004
Sold by
Finley Peter E
Bought by
Trejo Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,800
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2003
Sold by
Miller Connie M
Bought by
Finley Peter E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,500
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 1994
Sold by
Miller Connie M and Shoemaker Victor Ellis
Bought by
Miller Connie M
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Serna Roberto Ibarra $229,000 Chicago Title
Goldman Michael L $165,000 Equity Title Orange County-I
Corona Mario A $159,000 First American Title Ins Co
Mortgage Electronic Registration Systems $155,125 Accommodation
Deutsche Bank National Trust Co $155,125 Accommodation
Medina Rene Vega -- Financial Title Company
Medina Rene Vega -- Fidelity Natl Title Ins Co
Medina Rene Vega $340,000 Fidelity Natl Title Ins Co
Trejo Jorge -- Southland Title Corporation
Trejo Jorge $287,000 Southland Title Corporation
Finley Peter E $216,500 Southland Title
Miller Connie M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serna Roberto Ibarra $224,852
Previous Owner Corona Mario A $162,316
Previous Owner Medina Rene Vega $320,000
Previous Owner Medina Rene Vega $272,000
Previous Owner Trejo Jorge $253,800
Previous Owner Finley Peter E $216,500
Closed Medina Rene Vega $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2014 07/01/14 Sold $229,000 -3.6% $175 / Sq Ft
04/25/2014 04/25/14 For Sale $237,500 +43.9% $182 / Sq Ft
03/28/2014 03/28/14 Sold $165,000 +70.1% $126 / Sq Ft View Prior Sale
03/07/2014 03/07/14 Pending -- -- --
02/06/2014 02/06/14 For Sale $97,000 -- $74 / Sq Ft
Source: Palm Springs Regional Association of Realtors

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 $4,079 $275,212 $69,701 $205,511
2023 $4,079 $264,528 $66,996 $197,532
2022 $3,960 $259,342 $65,683 $193,659
2021 $3,837 $254,258 $64,396 $189,862
2020 $3,641 $251,652 $63,736 $187,916
2019 $3,561 $246,719 $62,487 $184,232
2018 $3,514 $241,882 $61,262 $180,620
2017 $3,447 $237,140 $60,061 $177,079
2016 $3,350 $232,491 $58,884 $173,607
2015 $3,233 $229,000 $58,000 $171,000
2014 $2,493 $167,023 $41,754 $125,269
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 14-755297PS

APN: 675-253-028

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