NOT LISTED FOR SALE

Estimated Value: $671,000 - $835,891

4 Beds
3 Baths
2,396 Sq Ft
$317/Sq Ft Est. Value

Last Sold September 28, 2016

Last sale price $455,000 $190 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,669/month

36 Days on Market

About This Home

As of September 2016

Amazing 4 bedroom 3 Bath Contemporary Mediterranean home located on a desirable corner lot in a great neighborhood in the popular Cathedral City Cove! This low maintenance home offers everything you need. A formal living and dining room with a wall of glass overlooks the very large alumiwood covered flagstone patio with steps down to the pool. The chef's kitchen opens on to the breakfast room and family room that also open onto the back patio. A BR/Media room with projection screen, a guest bath and garage entry complete this side of the home. Three bedrooms are on the far side of the home. 2 large guest bedrooms with a hall bath and a very large Master Suite that look out onto the patio/pool area. The back yard has one level for outdoor dining/entertaining that steps down to a beautiful salt water pool, lawn and lounge area. $20K sewer assessment has been paid! Built-in wine cooler. 2 A/C zones. Dual pane windows. Vaulted ceilings throughout. Best priced home in the Cove!

Last Agent to Sell the Property

Jeff Palmer

Bennion Deville Homes License #01826978 Listed on: 06/15/2016

Bennion Deville Homes

Last Buyer's Agent

Stewart Penn

Compass License #01339266

Compass

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,722

Year Built

1958

Lot Details

0

Parking

2

Listing Details

  • Active Date: 2016-06-15
  • Full Bathroom: 1
  • Three Quarter Bathrooms: 2
  • Building Size: 2396.0
  • Building Structure Style: Mediterranean
  • Doors: Sliding Glass Door(s)
  • Driving Directions: From Hwy 111...turn south onto Melrose Drive. Turn right onto Rodeo road. On the corner of Melrose and Rodeo.
  • Full Street Address: 68300 RODEO RD
  • Lot Location: Corner Lot
  • Pool Construction: Gunite, In Ground
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2016-09-28
  • Property Condition: Updated/Remodeled
  • View Type: Pool View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1958

Interior Features

  • Bedroom Features: Master Suite
  • Eating Areas: Breakfast Area, Dining Area, Breakfast Room
  • Appliances: Gas, Range
  • Advertising Remarks: Amazing 4 bedroom 3 Bath Contemporary Mediterranean home located on a desirable corner lot in a great neighborhood in the popular Cathedral City Cove! This low maintenance home offers everything you need. A formal living and dining room with a wall of gla
  • Total Bedrooms: 4
  • Builders Tract Code: 7380
  • Builders Tract Name: CATHEDRAL CITY COVE
  • Fireplace: Yes
  • Levels: Ground Level
  • Interior Amenities: High Ceilings (9 Feet+)
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Refrigerator
  • Floor Material: Carpet, Ceramic Tile
  • Kitchen Features: Granite Counters, Open to Family Room, Remodeled
  • Laundry: Laundry in Closet
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 10890
  • Common Walls: Detached/No Common Walls
  • Construction: Stucco
  • Foundation: Foundation - Concrete Slab
  • Patio: Covered Porch, Covered
  • Fence: Block Wall
  • Windows: Double Pane Windows
  • Roofing: Spanish Clay Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Total Parking Spaces: 2
  • Parking Spaces Total: 2
  • Parking Type: Garage - Two Door, Garage Is Attached

Utilities

  • Sewer: In, Connected & Paid
  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Zoned A/C, Ceiling Fan(s)
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2016
Sold by
Gorman Brian E and Burrell Gorman Linwood J
Bought by
Wessels Patrick T and The Wessels Trust
Current Estimated Value
$759,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2013
Closed on
Nov 26, 2013
Sold by
Knox Walter B and Knox Walter B
Bought by
Gorman Brian E and Burrell Gorman Linwood J
Seller's Agent
Michael Adams
Buyer's Agent
Unknown Member
List Price
$399,500
Sold Price
$390,000
Premium/Discount to List
-$9,500
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$180,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2012
Sold by
Knox Walter B
Bought by
Knox Walter B and Walter B Knox Living Trust

Purchase Details

Closed on
Mar 23, 1995
Sold by
Clausen Jerry H
Bought by
Knox Walter B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
8.77%
Mortgage Type
Seller Take Back
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
Wessels Patrick T $455,000 Orange Coast Title Company
Gorman Brian E $390,000 Orange Coast Title Company
Knox Walter B -- None Available
Knox Walter B -- Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wessels Patrick T $364,000
Previous Owner Gorman Brian E $180,000
Previous Owner Knox Walter B $20,000
Previous Owner Knox Walter B $117,400
Previous Owner Knox Walter B $128,500
Previous Owner Knox Walter B $250,000
Previous Owner Knox Walter B $160,000
Previous Owner Knox Walter B $50,000
Previous Owner Knox Walter B $15,000
Previous Owner Knox Walter B $110,000
Previous Owner Knox Walter B $20,000
Previous Owner Knox Walter B $96,500
Previous Owner Knox Walter B $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2016 09/28/16 Sold $455,000 -2.2% $190 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
07/19/2016 07/19/16 Price Changed $465,000 -2.9% $194 / Sq Ft
06/15/2016 06/15/16 For Sale $479,000 +22.8% $200 / Sq Ft
01/09/2014 01/09/14 Sold $390,000 -2.4% $163 / Sq Ft
10/07/2013 10/07/13 For Sale $399,500 -- $167 / 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 $6,722 $538,505 $132,013 $406,492
2023 $6,722 $517,596 $126,888 $390,708
2022 $6,789 $507,448 $124,400 $383,048
2021 $6,622 $497,499 $121,961 $375,538
2020 $6,306 $492,399 $120,711 $371,688
2019 $6,178 $482,745 $118,345 $364,400
2018 $6,039 $473,280 $116,025 $357,255
2017 $5,823 $455,000 $113,750 $341,250
2016 $5,122 $403,855 $100,963 $302,892
2015 $4,928 $397,792 $99,448 $298,344
2014 $2,348 $182,961 $40,751 $142,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-135190PS

The MLS

APN: 687-131-002