Landlord's Agent in 2025
Michael Melik-Bakchian
LA Premier Realty, Inc.
(818) 455-3601
1 in this area
91 Total Sales
68261 Durango Rd Cathedral City, CA 92234
Panorama NeighborhoodEstimated Value: $581,000 - $647,000
5
Beds
4
Baths
2,774
Sq Ft
$225/Sq Ft
Est. Value
Highlights
- Heated Spa
- Open Floorplan
- Wood Flooring
- Updated Kitchen
- Mountain View
- High Ceiling
About This Home
As of October 2025Welcome to your desert oasis, a stunning and fully furnished rental property located in the desirable Cathedral City, just minutes from the heart of Palm Springs. This home is designed for modern comfort and sophisticated living. Step inside to a grand, open-concept living area featuring high vaulted ceilings and beautiful tile flooring that extends throughout the main level. The space is anchored by a striking, floor-to-ceiling tiled fireplace, providing both warmth and a contemporary aesthetic. Relax on the comfortable sectional sofa while enjoying the natural light from the expansive windows. The sleek, gourmet kitchen is a chef's dream, boasting high-gloss, two-toned cabinetry and Quartz countertops and backsplash. It comes fully equipped with modern, stainless steel appliances, including a spacious refrigerator and a built-in microwave, complemented by elegant red accent pieces. For entertainment, a dedicated game room awaits, complete with a pool table and foosball table, set against a stylish stone accent wall with a built-in fireplace and TV. A convenient sliding glass door provides seamless access to the outdoor living area. Wood flooring adds warmth and elegance to all bedrooms. Each of the three bedrooms features private access to a huge balcony that overlooks the lush backyard and offers a perfect space for morning coffee or evening relaxation. The private backyard is a true retreat. It features a sparkling swimming pool, a relaxing spa, and a separate playground area, all surrounded by lush, mature greenery for ultimate privacy. The outdoor kitchen with a built-in grill is perfect for al fresco dining and entertaining. This property offers an exceptional blend of luxurious indoor living and resort-style outdoor amenities, making it the perfect home base for your extended stay in the Palm Springs area.
Last Agent to Rent the Property
LA Premier Realty, Inc. Brokerage Phone: 818-455-3601 License #01914624 Listed on: 10/01/2025
Last Renter's Agent
LA Premier Realty, Inc. Brokerage Phone: 818-455-3601 License #01914624 Listed on: 10/01/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1989
Lot Details
- 7,841 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned R1
Parking
- 2 Car Direct Access Garage
- Parking Available
Property Views
- Mountain
- Pool
Home Design
- Entry on the 1st floor
- Slab Foundation
- Spanish Tile Roof
Interior Spaces
- 2,774 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Furnished
- High Ceiling
- Recessed Lighting
- Family Room with Fireplace
- Dining Room
Kitchen
- Updated Kitchen
- Gas Oven
- Gas Range
- Microwave
- Ice Maker
- Dishwasher
- Quartz Countertops
- Self-Closing Cabinet Doors
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- All Upper Level Bedrooms
- Walk-In Closet
- Remodeled Bathroom
- 4 Full Bathrooms
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Laundry in Garage
Home Security
- Alarm System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Eco-Friendly Details
- Energy-Efficient Windows
- Energy-Efficient Thermostat
Pool
- Heated Spa
- Heated Pool
Outdoor Features
- Balcony
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Schools
- Landau Elementary School
- James Workman Middle School
- Rancho Mirage High School
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- High-Efficiency Water Heater
Community Details
- No Home Owners Association
- No HOA Private Residence Association
- Panorama Subdivision
Listing and Financial Details
- Security Deposit $5,500
- Rent includes gardener, pool
- 12-Month Minimum Lease Term
- Available 10/1/25
- Tax Lot 224
- Tax Tract Number 19167
- Assessor Parcel Number 675281008
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2018
Closed on
Jul 12, 2018
Sold by
Ovakimlan Ovakim
Bought by
Babakhanyan Anna
Seller's Agent
Alejandro Perez-Munoz
HomeSmart
Buyer's Agent
Alejandro Perez-Munoz
HomeSmart
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
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
$264,704
Avg. Annual Appreciation
7.62%
Purchase Details
Listed on
May 28, 2018
Closed on
Jun 20, 2018
Sold by
Genera Elberta and Genera Margarita
Bought by
Babakhanyan Anna
Seller's Agent
Alejandro Perez-Munoz
HomeSmart
Buyer's Agent
Alejandro Perez-Munoz
HomeSmart
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Purchase Details
Listed on
May 26, 2014
Closed on
Oct 7, 2014
Sold by
Martinez Ruben Jamie
Bought by
Martinez Christina Genera
Seller's Agent
Cristie Bateman
HK Lane Real Estate
Buyer's Agent
Gil Herrera
eXp Realty of California, Inc.
List Price
$338,000
Sold Price
$338,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.62%
Purchase Details
Listed on
May 26, 2014
Closed on
Jul 29, 2014
Sold by
Martinez Ruben Jamie
Bought by
Martinez Christina Genera
Seller's Agent
Cristie Bateman
HK Lane Real Estate
Buyer's Agent
Gil Herrera
eXp Realty of California, Inc.
List Price
$338,000
Sold Price
$338,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,877
Interest Rate
4.12%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 19, 2014
Sold by
Khanyan Markar H and Petrosyan Lida
Bought by
Martinez Christina Genera and Genera Eliberto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,877
Interest Rate
4.12%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 6, 2011
Sold by
Khanyan Markar H
Bought by
Khanyan Markar H and Petrosyan Lida
Purchase Details
Closed on
Feb 3, 2010
Sold by
Petrosyan Lida
Bought by
Khanyan Markar H
Purchase Details
Closed on
Feb 2, 2010
Sold by
Yanez Julian T and Yanez Sofia
Bought by
Khanyan Markar H
Purchase Details
Closed on
Sep 11, 1996
Sold by
Federal National Mortgage Association
Bought by
Yanez Julian T and Yanez Sofia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,350
Interest Rate
7.87%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 12, 1996
Sold by
Matthews Gordon G and Matthews Rita
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Oct 6, 1995
Sold by
G G & R Matthews Ltd Partnership
Bought by
Matthews Gordon G and Matthews Rita
Purchase Details
Closed on
Dec 31, 1993
Sold by
Rosen Genevieve Ellen
Bought by
The Rosen Family Trust
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 |
|---|---|---|---|
| Babakhanyan Anna | -- | Orange Coast Title Company O | |
| Babakhanyan Anna | $360,000 | Orange Coast Title Company O | |
| Martinez Christina Genera | -- | Orange Coast Title Company | |
| Martinez Christina Genera | -- | Orange Coast Title Company | |
| Martinez Christina Genera | $338,000 | Orange Coast Title Company | |
| Khanyan Markar H | -- | None Available | |
| Khanyan Markar H | -- | Lawyers Title Ie | |
| Khanyan Markar H | $235,000 | Lawyers Title Ie | |
| Yanez Julian T | $155,000 | Stewart Title | |
| Federal National Mortgage Association | $162,425 | American Title Ins Co | |
| Matthews Gordon G | -- | -- | |
| The Rosen Family Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Martinez Christina Genera | $331,877 | |
| Previous Owner | Yanez Julian T | $150,350 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/17/2025 10/17/25 | Rented | $5,000 | -9.1% | -- | |
| 10/01/2025 10/01/25 | For Rent | $5,500 | 0.0% | -- | |
| 07/18/2018 07/18/18 | Sold | $360,000 | -4.0% | $133 / Sq Ft | View Prior Sale |
| 06/12/2018 06/12/18 | Pending | -- | -- | -- | |
| 05/28/2018 05/28/18 | For Sale | $375,000 | +10.9% | $138 / Sq Ft | |
| 08/19/2014 08/19/14 | Sold | $338,000 | 0.0% | $125 / Sq Ft | View Prior Sale |
| 05/26/2014 05/26/14 | For Sale | $338,000 | -- | $125 / 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 | $6,252 | $411,425 | $100,395 | $311,030 |
| 2023 | $6,252 | $395,451 | $96,498 | $298,953 |
| 2022 | $6,149 | $387,698 | $94,606 | $293,092 |
| 2021 | $5,973 | $380,097 | $92,751 | $287,346 |
| 2020 | $5,943 | $376,200 | $91,800 | $284,400 |
| 2019 | $5,059 | $360,000 | $90,000 | $270,000 |
| 2018 | $4,948 | $357,015 | $89,781 | $267,234 |
| 2017 | $4,860 | $350,016 | $88,021 | $261,995 |
| 2016 | $4,720 | $343,154 | $86,296 | $256,858 |
| 2015 | $4,552 | $338,000 | $85,000 | $253,000 |
| 2014 | $3,564 | $247,448 | $61,860 | $185,588 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Melik-Bakchian
-
A
Seller's Agent in 2018
Alejandro Perez-Munoz
HomeSmart
-
C
Seller's Agent in 2014
Cristie Bateman
HK Lane Real Estate
-
G
Buyer's Agent in 2014
Gil Herrera
eXp Realty of California, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25228785
APN: 675-281-008
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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