NOT LISTED FOR SALE

68287 Madrid Rd Cathedral City, CA 92234

Panorama Neighborhood

Estimated Value: $666,000 - $753,298

5 Beds
4 Baths
2,681 Sq Ft
$264/Sq Ft Est. Value

Last Sold March 15, 2017

Last sale price $425,000 $159 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,528/month

93 Days on Market

About This Home

As of March 2017

SPECTACULAR...newer home in desirable La Pasada neighborhood. This one has it all. 5 bedrooms 4 baths ( Casita is one of the beds and baths). Large open great room to Kitchen with stainless appliances, granite counters, cherry cabinets. Oversized formal dining room, office area, master bedroom with large walk-in closet. 3 car garage with evaporative cooler. Custom tile and plantation shutters t/o. The outdoor area is an entertainers paradise boasting gorgeous mountain views, pool/spa, fire pit, outdoor fireplace and outdoor shower. Situated on an oversized corner lot this home truly has everything your buyer could want. Similar homes in Palm Springs would be $200K more!

Last Agent to Sell the Property

Bryan Burns

Desert Lifestyle Properties License #01042736 Listed on: 11/11/2016

Desert Lifestyle Properties

Last Buyer's Agent

James Meyer

Town Real Estate License #01709748

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,829

Year Built

2005

Lot Details

0

Parking

3

Listing Details

  • Active Date: 2016-12-16
  • Full Bathroom: 4
  • Building Size: 2681.0
  • Building Structure Style: Mediterranean
  • Driving Directions: Landau north to Madrid home is on the right side on the corner of Riviera
  • Full Street Address: 68287 MADRID RD
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2017-03-15
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2005

Interior Features

  • Appliances: Built-Ins
  • Advertising Remarks: SPECTACULAR...newer home in desirable La Pasada neighborhood. This one has it all. 5 bedrooms 4 baths ( Casita is one of the beds and baths). Large open great room to Kitchen with stainless appliances, granite counters, cherry cabinets. Oversized formal d
  • Total Bedrooms: 5
  • Builders Tract Code: 7200
  • Builders Tract Name: LA PASADA
  • Fireplace: Yes
  • Levels: One Level
  • Fireplace Rooms: Great Room
  • Appliances: Dishwasher, Refrigerator
  • Floor Material: Carpet, Ceramic Tile
  • Laundry: Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 11761
  • Common Walls: Detached/No Common Walls

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Type: Garage - Three Door

Utilities

  • Cooling Type: Central A/C
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • HOA Fees: 34.0

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2020
Sold by
Nani Terry W and Wood Steven
Bought by
Stewart Daniel Thomas and Murray Michael Louis
Current Estimated Value
$707,805

Purchase Details

Listed on
Nov 11, 2016
Closed on
Feb 16, 2017
Sold by
Glowitz Joseph Andrew
Bought by
Nani Terry W and Wood Steven C
Seller's Agent
Bryan Burns
Desert Lifestyle Properties
Buyer's Agent
James Meyer
Town Real Estate
List Price
$449,900
Sold Price
$425,000
Premium/Discount to List
-$24,900
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$437,992
Interest Rate
4.19%
Mortgage Type
VA

Purchase Details

Closed on
Aug 19, 2005
Sold by
Far West Industries
Bought by
Glowitz Joseph Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac
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
Stewart Daniel Thomas $525,000 Lawyers Title Company
Nani Terry W $425,000 Orange Coast Title Company
Glowitz Joseph Andrew $593,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nani Terry W $440,800
Previous Owner Nani Terry W $437,992
Previous Owner Glowitz Joseph Andrew $327,600
Previous Owner Glowitz Joseph Andrew $348,060
Previous Owner Glowitz Joseph Andrew $359,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2017 03/15/17 Sold $425,000 -5.5% $159 / Sq Ft
02/12/2017 02/12/17 Pending -- -- --
11/11/2016 11/11/16 For Sale $449,900 -- $168 / Sq Ft
Source: The MLS

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 $7,829 $574,159 $75,187 $498,972
2023 $7,829 $551,866 $72,268 $479,598
2022 $7,682 $541,046 $70,851 $470,195
2021 $7,482 $530,438 $69,462 $460,976
2020 $6,084 $451,012 $111,426 $339,586
2019 $5,965 $442,170 $109,242 $332,928
2018 $5,835 $433,500 $107,100 $326,400
2017 $5,739 $425,000 $108,000 $317,000
2016 $5,278 $393,000 $98,000 $295,000
2015 $4,773 $361,000 $90,000 $271,000
2014 $4,452 $331,000 $83,000 $248,000
Source: Public Records

Agents Affiliated with this Home

  • Bryan Burns

    Seller's Agent in 2017

    Bryan Burns

    Desert Lifestyle Properties

    (760) 567-3712

    2 in this area

    36 Total Sales

    Section Image

  • J

    Buyer's Agent in 2017

    James Meyer

    Town Real Estate

    Section Image
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Map

Source: The MLS

MLS Number: 16-179076PS

The MLS

APN: 675-481-023

California Riverside County Cathedral City 92234 Panorama

68287 Madrid Rd, Cathedral City, CA

This home is located at 68287 Madrid Rd, Cathedral City, CA 92234 since 11 November 2016 and is currently estimated at $707,825, approximately $264 per square foot. This property was built in 2005. 68287 Madrid Rd is a home located in Riverside County with nearby schools including Rio Vista Elementary School, James Workman 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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