NOT LISTED FOR SALE

Estimated Value: $479,000 - $796,000

2 Beds
1 Bath
888 Sq Ft
$704/Sq Ft Est. Value

Last Sold September 24, 2018

Last sale price $280,000 $315 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,872/month

3 Days on Market

Highlights

  • Custom Home
  • Corner Lot
  • Tile Countertops
  • City Lights View
  • Concrete Porch or Patio
  • Living Room

About This Home

As of September 2018

Charming mid-century cottage on corner lot with mountain and city light views in the Upper Cathedral City Cove. As of the listing date of 08/12/18, this is the lowest priced home in the upper Cove. Great opportunity to move into a highly desirable community. Home previously used as a long-term rental. I believe it can rent for $1250-$1300 per month. Light and bright living room and dining area. Laminate flooring. Updated bath. Small private yard. Outdoor laundry hookups. Charming original kitchen with tile counters. Move-in ready. Surrounded by larger well-maintained homes. Great investment opportunity! Cove homes have appreciated significantly in the last few years and many homes are worth as much or more than what they were worth during our last peak in 2005. Priced to sell as this is the least expensive and best valued upper Cove home currently on the market.

Last Agent to Sell the Property

Dave Van Wess

HomeSmart License #01309922 Listed on: 08/12/2018

HomeSmart

Last Buyer's Agent

Unknown Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,497

Year Built

  • Built in 1959

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 90' x 74' x 89' x 72'
  • East Facing Home
  • Split Rail Fence
  • Wood Fence
  • Corner Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Drip System Landscaping
  • Back and Front Yard

Property Views

  • City Lights
  • Mountain

Home Design

  • Custom Home
  • Cottage
  • Brick Exterior Construction
  • Slab Foundation
  • Plaster Walls
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 888 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Laminate Flooring
  • Security System Owned

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry in Carport
  • 220 Volts In Laundry
  • Electric Dryer Hookup

Parking

  • 1 Attached Carport Space
  • 1 Car Parking Space
  • Driveway
  • On-Street Parking

Eco-Friendly Details

  • Green Features
  • Energy-Efficient Windows

Utilities

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

Additional Features

  • No Interior Steps
  • Concrete Porch or Patio

Community Details

  • Cathedral City Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 686203004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,497

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East
  • Levels: One
  • Builders Tract Code: Cathedral City Cove
  • Building Style: Cottage
  • Disability Access: No Interior Steps
  • Entry Location: Living Room
  • List Price per Sq Ft: 314.19
  • Lp Sp Ratio: 1.0036
  • View Type: City Lights, Mountain(s)
  • Water District Name: Desert Water Agency
  • Year Built: 1959
  • Listing I D: 218022142
  • Listing Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Member Fax: (760) 844-7081
  • Listing Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Cathedral City Cove
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Dryer Hookup, Gas Oven, Gas Range, Microwave Oven
  • Interior Amenities: Plaster Walls
  • Flooring: Laminate
  • Total Bedrooms: 2
  • Bathroom Features: Shower Stall
  • Total Bathrooms: 1.00
  • Three Quarter Bathrooms: 1
  • Eating Areas: Dining Area
  • Kitchen Features: Tile Counters
  • Laundry: In Carport, Outside
  • Estimated Sq Ft: 888.00

Exterior Features

  • Construction: Brick, Stucco
  • Other Features: Custom Built
  • Roofing: Composition, Shingle
  • Fencing: Split Rail, Wood
  • Foundation: Slab
  • Patio: Concrete Slab
  • View: Yes

Garage/Parking

  • Parking: Attached Carport, Driveway, On Street
  • Total Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Laundry
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Security System Owned
  • Sewer: In Street on Bond
  • Water: Water District
  • Water Heater Feature: Gas, Water Heater Central, Water Heater Unit

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 686203004
  • Irrigation: Drip System
  • Lot Acres: 0.1400
  • Lot Description: Back Yard, Fenced, Front Yard, Rectangular Lot, Street Paved, Street Public, Utilities - Overhead
  • Lot Dimensions: 90' x 74' x 89' x 72'
  • Lot Location: Corner Lot
  • Lot Size: 6098.00

Green Features

  • Green Energy Efficient: Windows
  • Green Features: Yes

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2018
Closed on
Aug 31, 2018
Sold by
Riley Michael and Riley Deborah
Bought by
Peek Denny C and Peek Kenneth
Seller's Agent
Dave Van Wess
HomeSmart
Buyer's Agent
Unknown Member
List Price
$279,000
Sold Price
$280,000
Premium/Discount to List
$1,000
0.36%
Current Estimated Value
$625,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,176
Avg. Annual Appreciation
11.79%
Original Mortgage
$242,165
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 2, 2004
Sold by
Baratto Lino Anthony
Bought by
Riley Michael and Riley Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 1999
Sold by
Barco Robert L
Bought by
Baratto Lino

Purchase Details

Closed on
Jan 26, 1999
Sold by
Miner Melvin Douglas Sr Trust and Gregory Alan
Bought by
Barco Robert L
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
Peek Denny C $280,000 Chicago Title Company
Riley Michael $260,000 Equity Title Company
Baratto Lino -- --
Barco Robert L $42,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peek Denny C $350,000
Closed Peek Denny C $242,165
Previous Owner Riley Michael $185,000
Previous Owner Riley Michael $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2018 09/24/18 Sold $280,000 +0.4% $315 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
08/12/2018 08/12/18 For Sale $279,000 -- $314 / 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 $6,497 $386,506 $83,661 $302,845
2023 $6,497 $371,499 $80,413 $291,086
2022 $6,522 $364,216 $78,837 $285,379
2021 $6,403 $357,076 $77,292 $279,784
2020 $5,319 $285,600 $76,500 $209,100
2019 $5,324 $280,000 $75,000 $205,000
2018 $4,181 $190,000 $47,000 $143,000
2017 $3,962 $173,000 $43,000 $130,000
2016 $3,817 $164,000 $41,000 $123,000
2015 $3,762 $164,000 $41,000 $123,000
2014 $3,780 $164,000 $41,000 $123,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 218022142

California Desert Association of REALTORS®

APN: 686-203-004