NOT LISTED FOR SALE

68100 Tortuga Rd Cathedral City, CA 92234

Panorama Neighborhood

Estimated Value: $292,000 - $569,000

4 Beds
2 Baths
1,650 Sq Ft
$264/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $257,500 $156 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,811/month

62 Days on Market

About This Home

As of August 2016

Great Panorama neighborhood location. Two 2 bedroom detached houses on a lot. This is a good set up for two families or live in one and rent the other to cover most of your mortgage payment. Two 1 Car Garages and lots of parking space for extra vehicles or RV. Walled/Fenced on 3 sides, you could make this a private compound. Also, great opportunity for 1031 Exchange, as owner has several Duplexes, Fourplexes, 5 & 6 unit apartment building for sale in Cathedral City and other cities in the Coachella Valley.

Last Agent to Sell the Property

Gary Anderson

Gary Anderson, R.E. Broker License #00873508 Listed on: 06/24/2016

Last Buyer's Agent

Gary Anderson

Gary Anderson, R.E. Broker License #00873508 Listed on: 06/24/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,210

Year Built

  • Built in 1962

Lot Details

  • 8,712

Parking

  • 2 Car Garage

Home Design

  • 1,650 Sq Ft Home
  • Ranch Style House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 8,712 Sq Ft Lot
  • Ground Level
  • Property is located within a water district
  • Property Views

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 675233028

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Panorama Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,210

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Ground, One, Ground Level, No Unit Above
  • Price Per Unit: 139950.00
  • Building Style: Ranch
  • List Price per Sq Ft: 169.64
  • Lp Sp Ratio: 0.9200
  • Year Built: 1962
  • Internal Listing I D: 20190608184729788039000000
  • Listing I D: 216019242
  • Listing Member Address: 16400 Bubbling Wells Rd, #128, Desert Hot Springs, CA 92240
  • Listing Office Address: 16400 Bubbling Wells Rd, #128, Desert Hot Springs, CA 92240
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 16400 Bubbling Wells Rd, #128, Desert Hot Springs, CA 92240
  • Selling Office Address: 16400 Bubbling Wells Rd, #128, Desert Hot Springs, CA 92240
  • Land Type: Fee
  • Subdivision: Panorama
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1650.00

Exterior Features

  • View: Yes

Garage/Parking

  • Parking Info Total Garage Spaces: 2.00
  • Parking Info Total Parking Spaces: 4.00

Utilities

  • Number Electric Meters: 2
  • Number Water Meters: 1
  • Sewer: Unknown
  • Water: Water District
  • Number Gas Meter: 2

Lot Info

  • Assessor Parcel Number: 675233028
  • Lot Size: 8712.00

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas
  • Land Lease Type: Fee Simple

Multi Family

  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2023
Sold by
Lopez Maritza
Bought by
Maritza Lopez Living Trust and Lopez
Current Estimated Value
$436,175

Purchase Details

Listed on
Jun 24, 2016
Closed on
Jul 12, 2016
Sold by
Infinity Palm Springs
Bought by
Lopez Maritza
Seller's Agent
Gary Anderson
Gary Anderson, R.E. Broker
Buyer's Agent
Gary Anderson
Gary Anderson, R.E. Broker
List Price
$279,900
Sold Price
$257,500
Premium/Discount to List
-$22,400
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$191,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 2013
Sold by
Gil Evangelina
Bought by
Infinity Palm Springs

Purchase Details

Closed on
Apr 18, 2012
Sold by
Gil Evangelina
Bought by
Gil Evangelina and Evangelina Gil Living Trust

Purchase Details

Closed on
Dec 16, 2010
Sold by
Gil Evangelina
Bought by
Gil Evangelina and Evangelina Gil Living Trust

Purchase Details

Closed on
Mar 5, 2010
Sold by
Aurora Loan Services Llc
Bought by
Gil Evangelina

Purchase Details

Closed on
Jun 1, 2009
Sold by
Romero Guillermina
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Aug 21, 2001
Sold by
Thomas Gloria I
Bought by
Romero Guillermina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,123
Interest Rate
6.73%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maritza Lopez Living Trust -- None Listed On Document
Lopez Maritza $257,500 Chicago Title Company
Infinity Palm Springs $140,000 Stewart Title Of California
Gil Evangelina -- First American Title Company
Gil Evangelina -- None Available
Gil Evangelina $104,500 Lsi Title Company Inc
Aurora Loan Services Llc $317,199 None Available
Romero Guillermina $132,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Maritza $191,000
Previous Owner Romero Guillermina $281,250
Previous Owner Romero Guillermina $180,000
Previous Owner Romero Guillermina $130,123
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $257,500 -8.0% $156 / Sq Ft
08/25/2016 08/25/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $279,900 -- $170 / Sq Ft
Source: California Desert 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 $5,210 $298,844 $76,015 $222,829
2023 $5,210 $287,241 $73,064 $214,177
2022 $4,984 $281,610 $71,632 $209,978
2021 $4,802 $276,089 $70,228 $205,861
2020 $4,565 $273,259 $69,508 $203,751
2019 $4,459 $267,902 $68,146 $199,756
2018 $4,405 $262,650 $66,810 $195,840
2017 $4,320 $257,500 $65,500 $192,000
2016 $2,883 $145,627 $31,204 $114,423
2015 $2,796 $143,442 $30,737 $112,705
2014 $2,761 $140,635 $30,136 $110,499
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Gary Anderson

    Gary Anderson, R.E. Broker

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 216019242

California Desert Association of REALTORS®

APN: 675-233-028

California Riverside County Cathedral City 92234 Panorama

68100 Tortuga Rd, Cathedral City, CA

This home is located at 68100 Tortuga Rd, Cathedral City, CA 92234 since 24 June 2016 and is currently estimated at $436,175, approximately $264 per square foot. This property was built in 1962. 68100 Tortuga Rd is a home located in Riverside County with nearby schools including Landau Elementary School, James Workman Middle School, and Rancho Mirage High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes