NOT LISTED FOR SALE

68160 Terrace Rd Cathedral City, CA 92234

Cathedral City Cove Neighborhood

Estimated Value: $708,000 - $814,000

3 Beds
2 Baths
1,326 Sq Ft
$568/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $725,000 $547 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,987/month

20 Days on Market

Highlights

  • In Ground Pool
  • Secondary bathroom tub or shower combo
  • Covered Patio or Porch
  • Panoramic View
  • Private Yard
  • Formal Dining Room

About This Home

As of February 2022

This home's setting offers the best of both worlds: natural beauty and a sense of seclusion, yet a central location for easy access to Palm Springs, Cathedral City,Rancho Mirage and Palm Desert. Located in Cathedral Canyon Cove two minutes from Hwy 111, the back of the property abuts undeveloped desert hills and washes, affording both mountain vistas and valley views in the distance. A walk or a jog on the trails behind the house followed by a soak in the spa or a jump in the pool is a perfect way to start the day. The 3BR/2BA property's living room and master bedroom sliders open to coveredpatio, pool, spa and views; dining room with fireplace adjoins a white and stainless kitchen in a very open format. This home has been a very successful vacation rental for the current owners.

Last Agent to Sell the Property

Kelli Ross

Bennion Deville Homes License #01224922 Listed on: 01/07/2022

Last Buyer's Agent

David Neglia

Douglas Elliman of California, Inc. License #01963045

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,602

Year Built

  • Built in 1977

Lot Details

  • 8,276 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Private Yard
  • Lawn

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Desert
  • Pool

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,326 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Raised Hearth
  • Gas Log Fireplace
  • Custom Window Coverings
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room with Fireplace
  • Formal Dining Room
  • Security System Owned

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo
  • Shower Only
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Pool
  • Heated Spa
  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Overhead Utilities
  • Property is located within a water district
  • Central Water Heater
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

  • Cathedral City Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 687270002

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,602

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South
  • Levels: One
  • Building Number Of Stories: 1
  • Building Style: Ranch
  • Entry Location: Ground Level - No Steps, Foyer
  • List Price per Sq Ft: 496.98
  • Lp Sp Ratio: 1.1000
  • View Type: City Lights, Pool, Panoramic, Mountain(s), Desert
  • Water District Name: Desert Water Agency
  • Year Built: 1977
  • Listing I D: 219072200
  • Listing Office Address: 201 N Palm Canyon Drive Ste120, Palm Springs, CA 92262
  • Listing Office Fax: (760) 327-3991
  • Selling Office Address: 668 N Palm Canyon Drive, Suite 208, Palm Springs, CA 92262
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Cathedral City Cove
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Microwave Oven, Washer, Refrigerator, Ice Maker, Gas Dryer Hookup, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Dining Room
  • Fireplace Features: Raised Hearth, Gas & Wood
  • Flooring: Carpet, Tile
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom
  • Total Bedrooms: 3
  • Bathroom Features: Shower Over Tub, Tile Shower, Shower Stall
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Formal Dining Room
  • Kitchen Features: Tile Counters
  • Laundry: In Garage
  • Estimated Sq Ft: 1326.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Construction: Stucco
  • Roofing: Shingle
  • Fencing: Block, Fenced, Wood
  • Foundation: Concrete Block
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Driveway, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Evaporative Cooling, Central Air, Ceiling Fan(s)
  • Heating: Central, Forced Air, Fireplace(s)
  • Heating Fuel: Natural Gas
  • Security: Security System Owned
  • Sewer: In, Connected and Paid, In Street Paid
  • Water: Water District
  • Water Heater Feature: Water Heater Central

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 687270002
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Description: Fenced, Yard, Utilities - Overhead, Private, Street Paved, Single Lot, Landscaped, Lawn
  • Lot Size: 8276.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Jan 20, 2022
Sold by
Lapso Russell L
Bought by
Mckean Daniel Thomas and Pratt Christopher Wallace
Seller's Agent
Kelli Ross
Bennion Deville Homes
Buyer's Agent
David Neglia
Douglas Elliman of California, Inc.
List Price
$659,000
Sold Price
$725,000
Premium/Discount to List
$66,000
10.02%
Current Estimated Value
$753,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,021
Avg. Annual Appreciation
1.07%
Original Mortgage
$580,000
Outstanding Balance
$465,494
Interest Rate
2.79%
Mortgage Type
New Conventional
Estimated Equity
$287,527
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Mckean Daniel Thomas $725,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckean Daniel Thomas $580,000
Previous Owner Lapso Russell L $250,000
Previous Owner Lapso Russell L $141,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $725,000 +10.0% $547 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $659,000 -- $497 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $10,602 $769,375 $191,017 $578,358
2023 $10,602 $739,500 $183,600 $555,900
2022 $4,087 $204,177 $34,290 $169,887
2021 $4,008 $200,174 $33,618 $166,556
2020 $3,871 $198,123 $33,274 $164,849
2019 $3,797 $194,239 $32,622 $161,617
2018 $3,738 $190,432 $31,983 $158,449
2017 $3,675 $186,699 $31,356 $155,343
2016 $3,605 $183,040 $30,742 $152,298
2015 $3,512 $180,292 $30,281 $150,011
2014 $3,479 $176,762 $29,689 $147,073
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kelli Ross

    Bennion Deville Homes

  • D

    Buyer's Agent in 2022

    David Neglia

    Douglas Elliman of California, Inc.

See All Agents

Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219072200

Greater Palm Springs Multiple Listing Service

APN: 687-270-002

California Riverside County Cathedral City 92234 Cathedral City Cove

68160 Terrace Rd, Cathedral City, CA

This home is located at 68160 Terrace Rd, Cathedral City, CA 92234 since 07 January 2022 and is currently estimated at $753,021, approximately $567 per square foot. This property was built in 1977. 68160 Terrace Rd is a home located in Riverside County with nearby schools including Rancho Mirage Elementary School, Nellie N. Coffman Middle School, and Cathedral City High School.

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.

Greater Palm Springs Multiple Listing Service 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.

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