NOT LISTED FOR SALE

68237 Risueno Rd Cathedral City, CA 92234

Panorama Neighborhood

Estimated Value: $620,000 - $673,000

3 Beds
3 Baths
2,473 Sq Ft
$260/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $615,000 $249 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,954/month

78 Days on Market

Highlights

  • Heated In Ground Pool
  • Mountain View
  • Cathedral Ceiling
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Main Floor Primary Bedroom

About This Home

As of May 2024

Welcome to your new home in the vibrant neighborhood of Panorama Park! This stunning property offers a perfect balance of comfort and style, with recent upgrades that enhance its appeal. Located in a prime location, this residence is sure to captivate you from the moment you step inside.Upon entering, you'll be greeted by a spacious living area seamlessly connecting indoor and outdoor spaces through three new glass sliding doors. Whether you're hosting gatherings or enjoying quiet moments, this inviting atmosphere sets the stage for memorable experiences.The house spans over 2400 square feet, offering plenty of room for relaxation and rejuvenation. Retreat to the master suite, complete with its own ensuite bathroom and generous closet space, offering a private haven.Step outside to discover your own private sanctuary. The backyard has been transformed with lush artificial grass, creating a low-maintenance yet beautiful outdoor space perfect for lounging or outdoor activities. Take a refreshing dip in the pool or simply bask in the sunshine in your own tranquil retreat. The pool shed, freshly repainted, adds to the functionality of the outdoor area.With a recent upgraded HVAC system installed within the last two years, this home offers comforts and peace of mind.

Last Agent to Sell the Property

Damin Halum

Compass License #02065078 Listed on: 03/06/2024

Compass

Co-Listed By

Amirah Halum

Compass License #01945548

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 8,712 Sq Ft Lot
  • North Facing Home
  • Block Wall Fence
  • Drip System Landscaping

Interior Spaces

  • 2,473 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Entryway
  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

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

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Community Details

  • Panorama Subdivision

Listing and Financial Details

  • Assessor Parcel Number 675272014

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North
  • Levels: Two
  • Building Number Of Stories: 2
  • List Price per Sq Ft: 262.84
  • Lp Sp Ratio: 0.9500
  • View Type: Mountain(s)
  • Year Built: 1988
  • Co Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Co Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing I D: 219107994
  • Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Office Address: 2603 Camino Ramon, San Ramon, CA 94583
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Panorama
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Location: Great Room, Master Bedroom
  • Interior Amenities: Cathedral Ceiling(s), Two Story Ceilings, Wet Bar
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Tile
  • Bedroom Features: 2 Master Bedrooms, Main Floor Master Bedroom, Master Suite
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Dining Area, Kitchen Island
  • Kitchen Features: Granite Slab Counters
  • Laundry: Laundry Area
  • Estimated Sq Ft: 2473.00

Exterior Features

  • Other Features: Balcony
  • Fencing: Block
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Above Ground, Heated
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Fireplace(s), Forced Air
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 675272014
  • Irrigation: Drip System
  • Lot Size: 8712.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
May 1, 2024
Sold by
Harding Jack and Mannering Mac
Bought by
Hovey Todd
Seller's Agent
Damin Halum
Compass
List Price
$675,000
Sold Price
$615,000
Premium/Discount to List
-$60,000
-8.89%
Views
43
Current Estimated Value
$641,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,768
Avg. Annual Appreciation
2.72%
Original Mortgage
$584,250
Outstanding Balance
$576,058
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$65,710

Purchase Details

Listed on
Oct 14, 2020
Closed on
Oct 16, 2020
Sold by
Davtyan Arayik and Davtyan Narine
Bought by
Harding Jack and Mannering Mac
Seller's Agent
Armen Saroyan
SARO Realty Inc
Buyer's Agent
Damin Halum
Compass
List Price
$484,990
Sold Price
$480,000
Premium/Discount to List
-$4,990
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%

Purchase Details

Listed on
Dec 13, 2017
Closed on
Jan 31, 2018
Sold by
Mccolley William
Bought by
Davtyan Arayik and Davtyan Narine
Seller's Agent
Nick Balsamo
RE/MAX Consultants
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$394,900
Sold Price
$385,000
Premium/Discount to List
-$9,900
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$288,750
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 5, 2016
Closed on
Apr 21, 2016
Sold by
Ormonde Arlindo
Bought by
Mccolley William
Seller's Agent
Bruce Cathcart
La Quinta Palms Real Estate Co
Buyer's Agent
Nick Balsamo
Lake Laguna Realty
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%
Original Mortgage
$244,200
Interest Rate
3.59%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 5, 2016
Closed on
Apr 18, 2016
Sold by
Bloom David B
Bought by
Mccolley William
Seller's Agent
Bruce Cathcart
La Quinta Palms Real Estate Co
Buyer's Agent
Nick Balsamo
Lake Laguna Realty
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,200
Interest Rate
3.59%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 2014
Sold by
Herles Timothy J
Bought by
Herles Timothy J and Timothy J Herles Trust Of 2014

Purchase Details

Closed on
Dec 16, 2005
Sold by
Herles Mary Cynthia and Herles Timothy J
Bought by
Herles Timothy J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hovey Todd $615,000 Ticor Title
Harding Jack $480,000 Lawyers Title Co
Davtyan Arayik $385,000 Fidelity National Title Ie
Mccolley William -- Fidelity Natl Title Ins Co
Mccolley William $300,000 Fidelity Natl Title Ins Co
Herles Timothy J -- None Available
Herles Timothy J -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hovey Todd $584,250
Previous Owner Davtyan Arayik $288,750
Previous Owner Mccolley William $244,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2024 05/28/24 Sold $615,000 -5.4% $249 / Sq Ft
04/03/2024 04/03/24 Price Changed $649,999 -3.7% $263 / Sq Ft
03/06/2024 03/06/24 For Sale $675,000 +40.6% $273 / Sq Ft
11/10/2020 11/10/20 Sold $480,000 -1.0% $194 / Sq Ft View Prior Sale
11/08/2020 11/08/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $484,990 +26.0% $196 / Sq Ft
03/13/2018 03/13/18 Sold $385,000 -1.3% $156 / Sq Ft View Prior Sale
01/23/2018 01/23/18 Pending -- -- --
01/06/2018 01/06/18 Price Changed $389,900 -1.3% $158 / Sq Ft
12/13/2017 12/13/17 For Sale $394,900 +31.6% $160 / Sq Ft
05/24/2016 05/24/16 Sold $300,000 -3.2% $121 / Sq Ft View Prior Sale
05/20/2016 05/20/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $310,000 -- $125 / 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 $7,088 $627,299 $156,826 $470,473
2023 $7,088 $499,392 $41,616 $457,776
2022 $6,956 $489,600 $40,800 $448,800
2021 $6,925 $480,000 $40,000 $440,000
2020 $5,579 $400,553 $100,138 $300,415
2019 $5,466 $392,700 $98,175 $294,525
2018 $4,389 $312,120 $78,030 $234,090
2017 $4,309 $306,000 $76,500 $229,500
2016 $3,771 $259,471 $42,784 $216,687
2015 $3,375 $255,576 $42,143 $213,433
2014 $3,338 $250,571 $41,318 $209,253
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Damin Halum

    Compass

    (760) 249-2120

    5 in this area

    91 Total Sales

    Damin Halum
    Section Image
  • Amirah Halum

    Seller Co-Listing Agent in 2024

    Amirah Halum

    Compass

    (760) 625-7247

    2 in this area

    145 Total Sales

    Amirah Halum
    Section Image
  • Armen Saroyan

    Seller's Agent in 2020

    Armen Saroyan

    SARO Realty Inc

    (818) 268-9999

    13 Total Sales

    Armen Saroyan
    Section Image

  • N

    Seller's Agent in 2018

    Nick Balsamo

    RE/MAX

  • O

    Buyer's Agent in 2018

    Out Side Agent

    Desert Real Estate Consultants, Inc.

  • B

    Seller's Agent in 2016

    Bruce Cathcart

    La Quinta Palms Real Estate Co

    (760) 200-3383

    37 Total Sales

    Bruce Cathcart
    Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219107994

California Desert Association of REALTORS®

APN: 675-272-014

California Riverside County Cathedral City 92234 Panorama

68237 Risueno Rd, Cathedral City, CA

Not Listed for Sale

Detached

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