NOT LISTED FOR SALE

68285 Farrell Ln Cathedral City, CA 92234

Cathedral City Cove Neighborhood

Estimated Value: $509,000 - $622,000

3 Beds
2 Baths
1,318 Sq Ft
$428/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $275,000 $209 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,474/month

11 Days on Market

Highlights

  • Primary Bedroom Suite
  • Custom Home
  • Private Yard
  • Panoramic View
  • Open Floorplan
  • Covered patio or porch

About This Home

As of March 2016

WOW! A mid-century home with its original charm and character. Incredible city light panoramic mountain views from your living room. Great middle Cove location without any through traffic. Huge lot with possible RV parking. Large central living room with built in shelves and fireplace. Large private lot. Practically every room has a door to the outside. Newer double pane windows and doors including newer sliding glass doors in all 3 bedrooms. Skylights in kitchen and bathrooms provide great natural lighting. Newer 2 car garage. Newer A/C unit. This home has been incredibly well maintained. You choose whether or not to update the original baths and kitchen. And the sewer assessment is paid in full saving the new owner approximately $1700 per year. Great location, value and condition! Priced to sell quickly.

Last Agent to Sell the Property

Dave Van Wess

HomeSmart License #01309922 Listed on: 02/15/2016

HomeSmart

Last Buyer's Agent

Donna Nelson

Coldwell Banker Residential Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,269

Year Built

  • Built in 1965

Lot Details

  • 0.27 Acre Lot
  • North Facing Home
  • Wood Fence
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Drip System Landscaping
  • Hillside Location
  • Private Yard
  • Back and Front Yard

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Custom Home
  • Midcentury Modern Architecture
  • Slab Foundation
  • Tar and Gravel Roof
  • Stucco Exterior

Interior Spaces

  • 1,318 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Brick Fireplace
  • Double Pane Windows
  • Sliding Doors
  • Living Room with Fireplace
  • Storage
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway
  • On-Street Parking

Eco-Friendly Details

  • Green Features
  • Energy-Efficient Windows
  • Energy-Efficient Doors

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Overhead Utilities
  • Property is located within a water district
  • Central Water Heater
  • Cable TV Available

Additional Features

  • Grab Bar In Bathroom
  • Covered patio or porch

Community Details

  • Cathedral City Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 687135018

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,269

Year Built

Built in 1965

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: Ground Level, No Unit Above
  • Builders Tract Code: Cathedral City Cove
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • Disability Access: Grab Bars in Bath(s)
  • Entry Location: Living Room
  • Included In Sale: Washer, Dryer, Refrigerator.
  • List Price per Sq Ft: 204.78
  • Lp Sp Ratio: 1.0189
  • View Type: City Lights, Mountain(s), Panoramic
  • Water District Name: Desert Water Agency
  • Year Built: 1965
  • Listing I D: 216005784
  • 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
  • Selling Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Selling Office Fax: (760) 834-7575
  • Land Type: Fee
  • Subdivision: Cathedral City Cove
  • Special Features: None

Interior Features

  • Appliances: Disposal, Dryer, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Open Floorplan, Storage
  • Fireplace Features: Brick
  • Flooring: Carpet, Tile
  • Bedroom Features: Main Floor Master Bedroom, Master Suite
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Three Quarter Bathrooms: 2
  • Laundry: Individual Room, Outside
  • Estimated Sq Ft: 1318.00
  • Windows Treatments: Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Custom Built
  • Roofing: Tar/Gravel
  • Fencing: Wood
  • Foundation: Slab
  • Patio: Covered
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway, On Street
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air, Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Heating Fuel: Wall Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Water Heater Central

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 687135018
  • Irrigation: Drip System
  • Lot Acres: 0.2700
  • Lot Description: Back Yard, Fenced, Front Yard, Irregular Lot, Street Paved, Street Public, Utilities - Overhead, Yard
  • Lot Location: Hillside
  • Lot Size: 11761.00

Green Features

  • Green Energy Efficient: Doors, Windows
  • Green Features: Yes

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
Mar 1, 2016
Sold by
Smith David O
Bought by
Nelson Scot Michael and Guajardo Lisa L
Seller's Agent
Dave Van Wess
HomeSmart
Buyer's Agent
Donna Nelson
Coldwell Banker Residential Brokerage
List Price
$269,900
Sold Price
$275,000
Premium/Discount to List
$5,100
1.89%
Current Estimated Value
$569,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,578
Avg. Annual Appreciation
7.96%
Original Mortgage
$220,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2012
Sold by
Isaminger Gerlo and Slater Robert J
Bought by
Smith David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2009
Sold by
Testa Robert
Bought by
Isaminger Gerlo and Slater Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,102
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 2006
Sold by
Mechling Richard
Bought by
Mechling Richard W and Richard W Mechling Trust
Source: Public Records

Range of Values:

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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
Nelson Scot Michael $275,000 Title 365
Smith David A $160,000 Orange Coast Title Co
Isaminger Gerlo $160,000 Orange Coast Title Co
Mechling Richard W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Scot Michael $209,000
Closed Nelson Scot Michael $220,000
Previous Owner Smith David A $128,000
Previous Owner Isaminger Gerlo $157,102
Previous Owner Mechling Richard $50,000
Previous Owner Mechling Richard $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $275,000 +1.9% $209 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $269,900 -- $205 / 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 $4,269 $325,535 $81,380 $244,155
2023 $4,269 $312,896 $78,221 $234,675
2022 $4,288 $306,762 $76,688 $230,074
2021 $4,174 $300,748 $75,185 $225,563
2020 $3,973 $297,666 $74,415 $223,251
2019 $3,888 $291,830 $72,956 $218,874
2018 $3,794 $286,109 $71,527 $214,582
2017 $3,727 $280,500 $70,125 $210,375
2016 $2,309 $169,763 $42,440 $127,323
2015 $2,221 $167,214 $41,803 $125,411
2014 $2,201 $163,940 $40,985 $122,955
Source: Public Records

Agents Affiliated with this Home

  • Dave Van Wess

    Seller's Agent in 2016

    Dave Van Wess

    HomeSmart

    (760) 534-1231

    2 in this area

    30 Total Sales

    Section Image

  • D

    Buyer's Agent in 2016

    Donna Nelson

    Coldwell Banker Residential Brokerage

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 216005784

California Desert Association of REALTORS®

APN: 687-135-018

California Riverside County Cathedral City 92234 Cathedral City Cove

68285 Farrell Ln, Cathedral City, CA

This home is located at 68285 Farrell Ln, Cathedral City, CA 92234 since 15 February 2016 and is currently estimated at $563,934, approximately $427 per square foot. This property was built in 1965. 68285 Farrell Ln 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.

California Desert Association of REALTORS® 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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