NOT LISTED FOR SALE

68430 Risueno Rd Cathedral City, CA 92234

Panorama Neighborhood

Estimated Value: $587,170 - $639,000

3 Beds
2.5 Baths
2,230 Sq Ft
$272/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $445,000 $200 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,724/month

24 Days on Market

Highlights

  • Heated In Ground Pool
  • Mountain View
  • Secondary bathroom tub or shower combo
  • Updated Kitchen
  • Vaulted Ceiling
  • Bonus Room

About This Home

As of July 2020

This highly upgraded 3 bedroom, 2.5 bath pool home with over 2,200 sf of living area is located in the ever popular Panorama neighborhood of north Cathedral City. The kitchen is nicely remodeled with new cabinets, quartz counter tops, and stainless steel appliances. All bathrooms have been remodeled, and there's upgraded tile and laminate flooring throughout the home. It's being offered turnkey furnished, and other features include large living room and separate family room, two dining areas, inside laundry room, walk in closet in master bedroom, nicely finished and cooled garage, and RV parking. Expansive back yard for great outdoor living that features an in ground pool and spa, large covered patio area for outdoor grilling and dining, and spectacular mountain views. This property is a must see if you've been looking for a special move in ready home in Cathedral City!

Last Agent to Sell the Property

Jeff Milbrandt

HomeSmart License #01248987 Listed on: 06/05/2020

HomeSmart

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 8,712 Sq Ft Lot
  • Home has North and South Exposure
  • Block Wall Fence
  • Stucco Fence
  • Landscaped
  • Sprinkler System
  • Back and Front Yard

Home Design

  • Slab Foundation
  • "S" Clay Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,230 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Log Fireplace
  • Vertical Blinds
  • Drapes & Rods
  • Window Screens
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Utility Room
  • Mountain Views
  • Security Lights

Kitchen

  • Updated Kitchen
  • Breakfast Room
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Secondary bathroom tub or shower combo
  • Shower Only
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool
  • Gunite Spa

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

  • Panorama Subdivision

Listing and Financial Details

  • Assessor Parcel Number 675243020

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South, Leisure Faces North
  • Levels: One
  • Building Number Of Stories: 1
  • Building Style: Ranch
  • Entry Location: Ground Level - No Steps
  • Included In Sale: All indoor and outdoor furniture and accessories.
  • List Price per Sq Ft: 201.79
  • Lp Sp Ratio: 0.9900
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1991
  • Listing I D: 219044099
  • Listing Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Member Fax: (760) 656-0158
  • Listing Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Panorama
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Microwave Oven, Washer, Refrigerator, Disposal, Dishwasher, Gas/Elec Dryer Hookup
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Recessed Lighting, Vaulted Ceiling(s)
  • Fireplace Features: Gas Starter, Gas Log, Gas & Wood
  • Flooring: Laminate, Tile
  • Bedroom Features: Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Powder Room, Tile Shower, Shower Stall, Shower Over Tub, Shower & Tub
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Nook, Living/Dining Combo, Dining Area
  • Kitchen Features: Remodeled, Quartz Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 2230.00
  • Windows Treatments: Drapes, Vertical Blinds, Screens

Exterior Features

  • Construction: Stucco
  • Roofing: Clay Tile
  • Fencing: Block, Stucco Wall
  • Foundation: Slab
  • Patio: Covered, Concrete Slab
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated, Gunite, In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Driveway, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 5.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Laundry
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Security: Exterior Security Lights
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 675243020
  • Irrigation: Sprinkler System
  • Lot Acres: 0.2000
  • Lot Description: Back Yard, Street Public, Landscaped, Front Yard, Fenced
  • Lot Size: 8712.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jul 1, 2020
Sold by
Khachatrian Tina and Khachatrian Tigran
Bought by
Abrahamian Armond and Abrahamian Alenoush
Seller's Agent
Jeff Milbrandt
HomeSmart
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%
Current Estimated Value
$605,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,793
Avg. Annual Appreciation
5.46%
Original Mortgage
$333,750
Outstanding Balance
$296,497
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$300,401

Purchase Details

Listed on
Nov 7, 2017
Closed on
May 2, 2018
Sold by
Hovakimyan Hovik
Bought by
Khachatrian Tina and Khachatrian Tigran
Seller's Agent
Alejandro Perez-Munoz
HomeSmart
Buyer's Agent
Jeff Milbrandt
HomeSmart
List Price
$379,999
Sold Price
$380,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$304,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2014
Sold by
Hansen Matthew W and Hansen Morena J
Bought by
Hovakimyan Hovik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,750
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 3, 2011
Sold by
Federal National Mortgage Association
Bought by
Hansen Matthew W and Hansen Morena J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,183
Interest Rate
4.79%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 2010
Sold by
Jimenez Jose A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 23, 2005
Sold by
Palacios Aracely
Bought by
Jimenez Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,800
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2004
Sold by
Mcnamara Margaret
Bought by
Jimenez Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,800
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2002
Sold by
Mcnamara Gerald
Bought by
Mcnamara Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.83%

Purchase Details

Closed on
Jan 14, 1994
Sold by
Mcnamara Gerald and Mcnamara Margaret
Bought by
Mcnamara Gerald and Mcnamara Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Abrahamian Armond $445,000 Fidelity National Title Co
Ohanian Meghedi -- Fidelity National Title Co
Khachatrian Tina $380,000 Orange Coast Title
Hovakimyan Hovik $265,000 Landwood Title
Hansen Matthew W $190,000 Lsi Title Company Inc
Federal National Mortgage Association $508,124 Accommodation
Jimenez Jose A -- First American Title Co
Jimenez Jose A $392,000 First American Title Co
Mcnamara Margaret -- Commonwealth Land Title Co
Mcnamara Gerald -- Northern Counties Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abrahamian Armond $333,750
Previous Owner Khachatrian Tina $304,000
Previous Owner Hovakimyan Hovik $145,750
Previous Owner Hansen Matthew W $185,183
Previous Owner Jimenez Jose A $352,800
Previous Owner Mcnamara Margaret $100,000
Previous Owner Mcnamara Gerald $100,000
Closed Mcnamara Margaret $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2020 07/02/20 Sold $445,000 -1.1% $200 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $450,000 +18.4% $202 / Sq Ft
06/12/2018 06/12/18 Sold $380,000 0.0% $170 / Sq Ft View Prior Sale
04/21/2018 04/21/18 Pending -- -- --
11/07/2017 11/07/17 For Sale $379,999 -- $170 / 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 $6,710 $481,679 $124,478 $357,201
2023 $6,710 $462,978 $119,646 $343,332
2022 $6,726 $453,900 $117,300 $336,600
2021 $6,544 $445,000 $115,000 $330,000
2020 $5,647 $395,352 $98,838 $296,514
2019 $5,769 $387,600 $96,900 $290,700
2018 $4,075 $279,908 $69,977 $209,931
2017 $4,002 $274,420 $68,605 $205,815
2016 $3,889 $269,040 $67,260 $201,780
2015 $3,753 $265,000 $66,250 $198,750
2014 $2,965 $198,571 $49,642 $148,929
Source: Public Records

Agents Affiliated with this Home

  • Jeff Milbrandt

    Seller's Agent in 2020

    Jeff Milbrandt

    HomeSmart

    (760) 408-6980

    14 Total Sales

    Jeff Milbrandt
    Section Image

  • A

    Seller's Agent in 2018

    Alejandro Perez-Munoz

    HomeSmart

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219044099

California Desert Association of REALTORS®

APN: 675-243-020

California Riverside County Cathedral City 92234 Panorama

68430 Risueno Rd, Cathedral City, CA

Not Listed for Sale

Detached

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.

Nearby Homes