NOT LISTED FOR SALE

68437 Madrid Rd Cathedral City, CA 92234

Panorama Neighborhood

Estimated Value: $685,000 - $722,000

5 Beds
3 Baths
2,825 Sq Ft
$248/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $699,900 $248 Per Sq Ft

Current estimated payment $4,667/month

44 Days on Market

Highlights

  • Primary Bedroom Suite
  • Peek-A-Boo Views
  • Retreat
  • Updated Kitchen
  • Open Floorplan
  • Double Shower

About This Home

As of August 2023

This big house is immaculate and ready for you to move in! Completely updated to meet modern living requirements. A flexible, open floor plan with 4 bedrooms and an additional room that may be used as an office or fifth bedroom. This property has recently been refurbished and offers total seclusion and mountain views. Within minutes, you may reach dining options, stores, and downtown Palm Springs. With its location, freeway access is simple. The owner's suite is located in the east wing of the home and is entirely private. It has a luxurious, newly renovated shower with twin shower heads that is styled after a spa. The master has a gym/office/bonus area, a spacious walk-in closet, and direct entrance to the garden. In the west wing, there are 2 bedrooms AND an adjacent room that might be utilized for a bonus room, a kids' hideaway, or a variety of other purposes. A great room open floor plan is designed to maximize space and provide entertainment. The great room's Bifold doors are a welcome update! The kitchen boasts dual-oven appliances, a large kitchen island, quartz worktops, and a marble backsplash. A modern twist was added to the fireplace's remodeling. The floor of the two-car garage is finished with epoxy. There is a sizable covered patio in the backyard. Along with numerous other improvements, the entire house has new carpet and tile. Low HOA dues per month of $47. A definite must-see!

Last Agent to Sell the Property

Jose Espinoza

OZA Realty Inc. License #01754045 Listed on: 06/18/2023

Last Buyer's Agent

Dale Allen-Rowse

eXp Realty of California, Inc. License #01906595

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,704

Year Built

  • Built in 2005

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Back and Front Yard

HOA Fees

  • $47 Monthly HOA Fees

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,825 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Electric Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Sliding Doors
  • Great Room with Fireplace
  • Dining Area
  • Bonus Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Double Shower

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Central Water Heater

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 675481015

Community Details

Overview

  • La Pasada Subdivision

Additional Features

  • Community Mailbox
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,704

Year Built

Built in 2005

Lot Details

0

HOA Fees

$47 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground Level, No Unit Above
  • Building Number Of Stories: 1
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 247.75
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s), Peek-A-Boo
  • Year Built: 2005
  • Listing I D: 219096437
  • Listing Member Address: 78-115 Calle Estado Ste. 203, La Quinta, CA 92253
  • Listing Office Address: 78-115 Calle Estado Ste. 203, La Quinta, CA 92253
  • Listing Office Fax: (760) 777-6615
  • Selling Office Address: 296 North Palm Canyon Drive, Palm Springs, CA 92262
  • Land Type: Fee
  • Subdivision: La Pasada
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave Oven, Water Line to Refrigerator, Disposal
  • Appliances Other: Dual Ovens
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: High Ceilings (9 Ft+), Recessed Lighting, Open Floorplan
  • Range Hood: Yes
  • Fireplace Features: Electric
  • Flooring: Carpet, Tile
  • Bedroom Features: Dressing Area, Walk In Closet, Master Suite, Master Retreat, Main Floor Master Bedroom, Main Floor Bedroom
  • Total Bedrooms: 5
  • Bathroom Features: Double Shower, Shower Over Tub, Remodeled, Double Vanity(s)
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Kitchen Island, Dining Area, Breakfast Nook
  • Kitchen Features: Island, Quartz Counters, Remodeled, Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 2825.00
  • Windows Treatments: Double Pane Windows, Low Emissivity Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Slab
  • Roofing: Tile
  • Foundation: Slab
  • Patio: Covered, Concrete Slab
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Driveway, Garage Door Opener, Direct Entrance, Guest
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central, Forced Air, Fireplace(s)
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Water Heater Central

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Amenities: Management
  • HOA Information: Yes
  • HOA Fee 1: 47.00
  • Total Monthly Association Fees: 47.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 675481015
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Description: Back Yard, Street Paved, Sidewalks, Front Yard, Fenced
  • Lot Size: 8712.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2023
Closed on
Jul 7, 2023
Sold by
Novak Karel and Novak Hana
Bought by
Novak Karel
Seller's Agent
Jose Espinoza
OZA Realty Inc.
Buyer's Agent
Dale Allen-Rowse
eXp Realty of California, Inc.
List Price
$699,900
Sold Price
$699,900
Total Days on Market
44
Views
89
Current Estimated Value
$699,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$517
Avg. Annual Appreciation
-0.97%

Purchase Details

Closed on
Dec 13, 2022
Sold by
Clear Recon Corp
Bought by
Novak Karel and Novak Hana

Purchase Details

Listed on
Oct 8, 2015
Closed on
Jan 25, 2016
Sold by
Ruiz Lorena
Bought by
Ruiz Gomez Manuel Nicolas
Seller's Agent
Lorena Ruiz
Choice 1 Realty
Buyer's Agent
Mario Perez
Keller Williams Realty
List Price
$365,000
Sold Price
$363,000
Premium/Discount to List
-$2,000
-0.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$356,425
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 8, 2015
Closed on
Jan 14, 2016
Sold by
Ruiz Gomez Manuel Nicolas
Bought by
Toro Christian P
Seller's Agent
Lorena Ruiz
Choice 1 Realty
Buyer's Agent
Mario Perez
Keller Williams Realty
List Price
$365,000
Sold Price
$363,000
Premium/Discount to List
-$2,000
-0.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,425
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 2012
Sold by
Ruiz Gomez Carlos B
Bought by
Ruiz Gomez Manuel Nicolas

Purchase Details

Closed on
Aug 9, 2011
Sold by
Rodriguez Angelica
Bought by
Ruiz Carlos B

Purchase Details

Closed on
Feb 28, 2006
Sold by
Far West Industries
Bought by
Rodriguez Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,920
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Novak Karel -- None Listed On Document
Novak Karel $420,000 --
Ruiz Gomez Manuel Nicolas -- Ticor Title Company
Toro Christian P $363,000 Ticor Title Company
Ruiz Gomez Manuel Nicolas -- None Available
Ruiz Carlos B $230,000 Orange Coast Title Company O
Rodriguez Angelica $490,000 Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toro Christian P $356,425
Previous Owner Ruiz Carlos B $90,000
Previous Owner Rodriguez Angelica $391,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $699,900 0.0% $248 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
06/18/2023 06/18/23 For Sale $699,900 +92.8% $248 / Sq Ft
02/22/2016 02/22/16 Sold $363,000 -0.5% $128 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $365,000 -2.7% $129 / Sq Ft
01/07/2016 01/07/16 Pending -- -- --
10/08/2015 10/08/15 For Sale $375,000 -- $133 / 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 $9,704 $713,897 $178,474 $535,423
2023 $9,704 $625,000 $150,000 $475,000
2022 $6,052 $404,927 $101,231 $303,696
2021 $5,883 $396,989 $99,247 $297,742
2020 $5,585 $392,920 $98,230 $294,690
2019 $5,480 $385,216 $96,304 $288,912
2018 $5,344 $377,664 $94,416 $283,248
2017 $5,255 $370,260 $92,565 $277,695
2016 $3,631 $244,033 $61,007 $183,026
2015 $3,505 $240,370 $60,092 $180,278
2014 $3,477 $235,664 $58,916 $176,748
Source: Public Records

Agents Affiliated with this Home

  • Jose Espinoza

    Seller's Agent in 2023

    Jose Espinoza

    OZA Realty Inc.

    (760) 272-1284

    1 in this area

    117 Total Sales

    Section Image

  • D

    Buyer's Agent in 2023

    Dale Allen-Rowse

    eXp Realty of California, Inc.

  • D

    Buyer's Agent in 2023

    Dale Rowse

    Platinum Star Properties

    (323) 633-3185

    1 in this area

    3 Total Sales

    Section Image

  • L

    Seller's Agent in 2016

    Lorena Ruiz

    Choice 1 Realty

    (760) 272-5552

    6 in this area

    137 Total Sales

    Section Image

  • M

    Buyer's Agent in 2016

    Mario Perez

    Keller Williams Realty

    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219096437

California Desert Association of REALTORS®

APN: 675-481-015

California Riverside County Cathedral City 92234 Panorama

68437 Madrid Rd, Cathedral City, CA

This home is located at 68437 Madrid Rd, Cathedral City, CA 92234 since 18 June 2023 and is currently estimated at $699,383, approximately $247 per square foot. This property was built in 2005. 68437 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.

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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