NOT LISTED FOR SALE

68355 Risueno Rd Cathedral City, CA 92234

Panorama Neighborhood

Estimated Value: $497,000 - $627,000

4 Beds
2 Baths
1,790 Sq Ft
$321/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $515,000 $288 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,754/month

44 Days on Market

Highlights

  • In Ground Pool
  • Great Room
  • Solar owned by a third party
  • Mountain View
  • 2 Car Attached Garage
  • Tile Flooring

About This Home

As of July 2021

This is most likely the home you've been looking for! A totally remodeled pool home in the Panorama community. Wake up to the sun rise over your private pool or complete the day lounging there with your favorite drink. This 4 bedroom/2 bath home has beautiful touches throughout.

Last Agent to Sell the Property

Gary Morlock

Coldwell Banker Realty License #02008544 Listed on: 06/09/2021

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,508

Year Built

  • Built in 1990

Lot Details

  • 8,276 Sq Ft Lot
  • Home has North and South Exposure

Interior Spaces

  • 1,790 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Mountain Views

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Above Ground Spa

Additional Features

  • Solar owned by a third party
  • Central Heating and Cooling System

Community Details

  • Panorama Subdivision

Listing and Financial Details

  • Assessor Parcel Number 675262011

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,508

Year Built

Built in 1990

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, Leisure Faces South
  • Levels: Ground Level, No Unit Above
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 267.60
  • Lp Sp Ratio: 1.0800
  • View Type: Mountain(s)
  • Year Built: 1990
  • Listing I D: 219063318
  • Listing Office Address: 74-990 Highway 111, Indian Wells, CA 92210
  • Selling Office Address: 15490 Ventura Blvd, #100, Sherman Oaks, CA 91403
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Panorama
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Fireplace Features: Gas
  • Flooring: Laminate, Tile
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1790.00

Exterior Features

  • Other Features: Solar System Financed
  • Pool: Yes
  • Pool Construction: Gunite
  • Pool Description: In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Above Ground
  • Spa Hot Tub Description: Private Portable
  • 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: Central Air
  • Heating: Central
  • Sewer: In, Connected and Paid

Lot Info

  • Assessor Parcel Number: 675262011
  • Lot Size: 8276.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2024
Sold by
Mardakhanian Family Living Trust and Mardakhanian Henry
Bought by
Mardakhanian Family Living Trust and Mardakhanian
Current Estimated Value
$574,070

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jun 16, 2021
Sold by
Perkins Fred and Perkins Amanda
Bought by
Mardakhanian Henry and Mardakhanian Nazell
Seller's Agent
Gary Morlock
Coldwell Banker Realty
List Price
$479,000
Sold Price
$515,000
Premium/Discount to List
$36,000
7.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%

Purchase Details

Closed on
Aug 25, 2016
Sold by
Marshall Joseph
Bought by
Marshall Jessica R

Purchase Details

Closed on
Sep 29, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Perkins Fred and Perkins Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,226
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2011
Sold by
Smith Elizabeth A and Smith James R
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 2, 2002
Sold by
Opfer W V and Opfer Sharon L
Bought by
Smith James R and Smith Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,851
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 1995
Sold by
Opfer W V and Opfer Sharon L
Bought by
Opfer W and Opfer Sharon L
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
Mardakhanian Family Living Trust -- None Listed On Document
Mardakhanian Henry $515,000 First American Title Company
Marshall Jessica R -- Orange Coast Title Co
Perkins Fred $145,000 Ticor Title
Federal Home Loan Mortgage Corporation $157,900 None Available
Smith James R $172,000 Commonwealth Land Title Co
Opfer W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perkins Fred $141,226
Previous Owner Smith James R $58,000
Previous Owner Smith James R $278,000
Previous Owner Smith James R $32,500
Previous Owner Smith James R $17,000
Previous Owner Smith James R $208,800
Previous Owner Smith Elizabeth A $50,638
Previous Owner Smith James R $165,851
Previous Owner Opfer W $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $515,000 +7.5% $288 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $479,000 -- $268 / 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 $7,508 $546,521 $175,099 $371,422
2023 $7,508 $525,300 $168,300 $357,000
2022 $7,378 $515,000 $165,000 $350,000
2021 $2,810 $168,247 $42,059 $126,188
2020 $2,670 $166,523 $41,628 $124,895
2019 $2,609 $163,259 $40,812 $122,447
2018 $2,582 $160,059 $40,013 $120,046
2017 $2,531 $156,922 $39,229 $117,693
2016 $2,463 $153,846 $38,460 $115,386
2015 $2,380 $151,536 $37,883 $113,653
2014 $2,353 $148,570 $37,142 $111,428
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gary Morlock

    Coldwell Banker Realty

    (760) 636-8098

    1 in this area

    58 Total Sales

    Gary Morlock
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219063318

California Desert Association of REALTORS®

APN: 675-262-011

California Riverside County Cathedral City 92234 Panorama

68355 Risueno Rd, Cathedral City, CA

This home is located at 68355 Risueno Rd, Cathedral City, CA 92234 since 09 June 2021 and is currently estimated at $574,070, approximately $320 per square foot. This property was built in 1990. 68355 Risueno Rd is a home located in Riverside County with nearby schools including Landau Elementary School, James Workman Middle School, and Rancho Mirage High.

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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