Seller's Agent in 2023
Nick Ananyan
Titus Realty, Inc.
(818) 786-5511
1 in this area
96 Total Sales
68125 Santelmo Rd Cathedral City, CA 92234
Panorama NeighborhoodEstimated Value: $345,000 - $822,244
4
Beds
3
Baths
2,072
Sq Ft
$330/Sq Ft
Est. Value
Highlights
- Community Pool
- Central Heating and Cooling System
- 1-Story Property
- Tile Flooring
- Level Lot
About This Home
As of October 2023Incredible triplex in Panorama park. Secure building in a safe residential neighborhood. All the hard work is done. Complete remodel inside and out, including new plaster in pool and efficient filtration plumbing. The property consists of: one 2Br + 1Bath, currently rented for $2,195 and two 1Br + 1Bath units, currently rented for $1,595 each. Great hard working tenants. Pool is for tenant use only. All units have central air and individual water heaters with bright living rooms and individual patios. It is like living in a resort. All hardwood and tile flooring and new kitchens in two of the units. Carport parking for each residents and plenty of guest parking as well. This triplex is earning annually in excess of 64K and being sold at great GRM.
Last Agent to Sell the Property
Titus Realty, Inc. License #01320968 Listed on: 06/16/2023
Last Buyer's Agent
Lepe Tendwell Properties (Southeast San Diego Real Estate Inc.) License #02011784
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,040
Year Built
- Built in 1961
Lot Details
- 8,276 Sq Ft Lot
- Two or More Common Walls
- Level Lot
- Density is 2-5 Units/Acre
- Land Lease
Parking
- 3 Car Garage
- 3 Carport Spaces
Home Design
- Triplex
Interior Spaces
- 2,072 Sq Ft Home
- 1-Story Property
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Additional Features
- Exterior Lighting
- Urban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 547
- Tax Tract Number 2040
- Assessor Parcel Number 675113004
Community Details
Overview
- 3 Units
Recreation
- Community Pool
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $1,320
- Pool Expense $1,800
- Water Sewer Expense $540
- New Taxes Expense $10,900
- Operating Expense $15,760
- Gross Income $64,620
- Net Operating Income $48,860
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2023
Closed on
Sep 13, 2023
Sold by
Melkonyan Vrezh
Bought by
Hasegawahappens Trust and Hasegawa
Seller's Agent
Nick Ananyan
Titus Realty, Inc.
Buyer's Agent
Chris Go
Lepe Tendwell Properties (Southeast San Diego Real Estate Inc.)
List Price
$838,000
Sold Price
$770,000
Premium/Discount to List
-$68,000
-8.11%
Views
128
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,939
Avg. Annual Appreciation
-6.30%
Original Mortgage
$562,500
Outstanding Balance
$554,012
Interest Rate
8.25%
Mortgage Type
New Conventional
Estimated Equity
$129,049
Purchase Details
Closed on
Feb 20, 2023
Sold by
Zargarian Sahak
Bought by
Melkonyan Vrezh
Purchase Details
Listed on
Sep 17, 2021
Closed on
Oct 15, 2021
Sold by
Aykazyan Anita
Bought by
Zargarian Sahak
Seller's Agent
Thomas Kadar
Keller Williams Legacy
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$619,000
Sold Price
$641,000
Premium/Discount to List
$22,000
3.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.68%
Original Mortgage
$480,750
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 17, 2021
Closed on
Oct 1, 2021
Sold by
Eoc Capital Llc
Bought by
Zargarian Sahak
Seller's Agent
Thomas Kadar
Keller Williams Legacy
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$619,000
Sold Price
$641,000
Premium/Discount to List
$22,000
3.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,750
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 16, 2021
Sold by
Caries Eddy Oswaido
Bought by
Eoc Capital L L C
Purchase Details
Listed on
Feb 7, 2020
Closed on
Jun 26, 2020
Sold by
Bachelder Mark Byron
Bought by
Carias Eddy Oswaldo
Seller's Agent
Kimberlee Morgan
Redfin Corporation
Buyer's Agent
Thomas Kadar
Keller Williams Legacy
List Price
$450,000
Sold Price
$4,450,000
Premium/Discount to List
$4,000,000
888.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-30.95%
Original Mortgage
$439,274
Interest Rate
3.2%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 27, 2010
Sold by
Charest Anthony E
Bought by
Bachelder Mark Byron
Purchase Details
Closed on
Nov 8, 2006
Sold by
Bachelder Mark Byron
Bought by
Charest Anthony E and Bachelder Mark Byron
Purchase Details
Closed on
Mar 29, 2006
Sold by
Reiner Donovan E
Bought by
Bachelder Mark B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Mar 22, 2004
Sold by
Walter Alan L and Fields William L
Bought by
Reiner Donovan E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 22, 2002
Sold by
Maher David E
Bought by
Fields William L and Walter Alan L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 15, 2001
Sold by
Maher Connie
Bought by
Maher David E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,400
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 11, 2001
Sold by
Duff Lloyd G and Duff Doreen E
Bought by
Duff Dean Lloyd
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hasegawahappens Trust | $770,000 | Ticor Title | |
| Melkonyan Vrezh | $641,000 | Accommodation/Courtesy Recordi | |
| Zargarian Sahak | -- | First American Title | |
| Zargarian Sahak | $641,000 | First American Title | |
| Eoc Capital L L C | -- | Accommodation/Courtesy Recordi | |
| Carias Eddy Oswaldo | $445,000 | First American Title | |
| Bachelder Mark Byron | -- | None Available | |
| Charest Anthony E | -- | None Available | |
| Bachelder Mark B | $455,000 | Stewart Title | |
| Reiner Donovan E | $367,500 | Stewart Title Company | |
| Fields William L | $210,000 | Chicago Title Insurance Co | |
| Maher David E | -- | Stewart Title | |
| Maher David E | $160,500 | Stewart Title | |
| Duff Dean Lloyd | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hasegawahappens Trust | $562,500 | |
| Previous Owner | Zargarian Sahak | $480,750 | |
| Previous Owner | Zargarian Sahak | $480,750 | |
| Previous Owner | Zargarian Sahak | $480,750 | |
| Previous Owner | Carias Eddy Oswaldo | $439,274 | |
| Previous Owner | Bachelder Mark Byron | $342,000 | |
| Previous Owner | Bachelder Mark B | $364,000 | |
| Previous Owner | Reiner Donovan E | $220,500 | |
| Previous Owner | Fields William L | $225,000 | |
| Previous Owner | Fields William L | $157,500 | |
| Previous Owner | Maher David E | $128,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/19/2023 10/19/23 | Sold | $770,000 | -3.6% | $372 / Sq Ft |
| 09/07/2023 09/07/23 | Pending | -- | -- | -- |
| 07/17/2023 07/17/23 | Price Changed | $799,000 | -4.7% | $386 / Sq Ft |
| 06/16/2023 06/16/23 | For Sale | $838,000 | +30.7% | $404 / Sq Ft |
| 10/26/2021 10/26/21 | Sold | $641,000 | +3.6% | $309 / Sq Ft |
| 09/22/2021 09/22/21 | Pending | -- | -- | -- |
| 09/17/2021 09/17/21 | For Sale | $619,000 | -86.1% | $299 / Sq Ft |
| 07/28/2020 07/28/20 | Sold | $4,450,000 | +888.9% | $2,148 / Sq Ft |
| 07/24/2020 07/24/20 | Pending | -- | -- | -- |
| 05/12/2020 05/12/20 | For Sale | $450,000 | -89.9% | $217 / Sq Ft |
| 03/25/2020 03/25/20 | Off Market | $4,450,000 | -- | -- |
| 02/07/2020 02/07/20 | For Sale | $450,000 | -- | $217 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,040 | $785,400 | $198,900 | $586,500 |
| 2023 | $12,040 | $653,820 | $193,800 | $460,020 |
| 2022 | $10,271 | $641,000 | $190,000 | $451,000 |
| 2021 | $7,553 | $445,000 | $120,000 | $325,000 |
| 2020 | $4,964 | $262,444 | $74,984 | $187,460 |
| 2019 | $4,727 | $254,800 | $72,800 | $182,000 |
| 2018 | $4,572 | $245,000 | $70,000 | $175,000 |
| 2017 | $4,438 | $237,000 | $67,000 | $170,000 |
| 2016 | $4,011 | $204,000 | $58,000 | $146,000 |
| 2015 | $3,892 | $204,000 | $58,000 | $146,000 |
| 2014 | $3,557 | $176,000 | $50,000 | $126,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
C
Buyer's Agent in 2023
Chris Go
Lepe Tendwell Properties (Southeast San Diego Real Estate Inc.)
(619) 880-5165
1 in this area
21 Total Sales
-
Seller's Agent in 2021
Thomas Kadar
Keller Williams Legacy
(949) 933-0488
1 in this area
42 Total Sales
-
N
Buyer's Agent in 2021
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
5,797 Total Sales
-
K
Seller's Agent in 2020
Kimberlee Morgan
Redfin Corporation
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR23106739
APN: 675-113-004
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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