NOT LISTED FOR SALE

68507 Terrace Rd Cathedral City, CA 92234

Cathedral City Cove Neighborhood

Estimated Value: $594,000 - $704,467

3 Beds
2 Baths
1,600 Sq Ft
$407/Sq Ft Est. Value

Last Sold March 12, 2014

Last sale price $288,000 $180 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $4,018/month

118 Days on Market

Highlights

  • In Ground Pool
  • Great Room
  • 1-Story Property
  • Mountain View
  • Ceramic Tile Flooring
  • Central Air

About This Home

As of March 2014

Not a short sale...Just priced to sell!! This is a beautiful, move in ready home with brand new kitchen cabinets, new granite counters, new appliances, new paint and carpet, a huge back yard with a pool and soooo much more!!!!! Do not miss out on this fantastic property!!

Last Agent to Sell the Property

Kerri Kerley

Bennion Deville Homes License #01783715 Listed on: 11/12/2013

Last Buyer's Agent

DANIEL BECKER

BERKSHIRE HATHAWAY CA PROP License #01944546

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,944

Year Built

  • Built in 1967

Lot Details

  • 0.25

Parking

  • 2 Car Garage

Property Views

  • Mountain
  • Pool

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Family Room
  • Dining Area

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Outdoor Pool

Additional Features

  • 0.25 Acre Lot
  • Central Air

Community Details

  • Cathedral City Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 686241007

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,944

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: Cathedral City Cove
  • List Price per Sq Ft: 187.44
  • Lp Sp Ratio: 0.9603
  • View Type: Mountain(s), Pool
  • Year Built: 1967
  • Listing I D: 213004204
  • Listing Member Address: 47350 Washington St., Ste. 101, La Quinta, CA 92253
  • Listing Office Address: 47350 Washington St. Ste. 101, La Quinta, CA 92253
  • Listing Office Fax: (760) 564-7969
  • Selling Office Address: 1270 E. Garvey Ave., Ste.100, Covina, CA 91724
  • Land Type: Fee
  • Subdivision: Cathedral City Cove
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area
  • Estimated Sq Ft: 1600.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Sewer: In, Connected and Paid

Lot Info

  • Assessor Parcel Number: 686241007
  • Lot Acres: 0.2500
  • Lot Size: 10890.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2015
Sold by
Friedman Herbert and Friedman Linda
Bought by
Friedman David M and Paskert William
Current Estimated Value
$651,617

Purchase Details

Listed on
Nov 12, 2013
Closed on
Jan 29, 2014
Sold by
Terrace Trust #68507
Bought by
Friedman David W and Paskert William
Seller's Agent
Kerri Kerley
Bennion Deville Homes
Buyer's Agent
DANIEL BECKER
BERKSHIRE HATHAWAY CA PROP
List Price
$314,900
Sold Price
$288,000
Premium/Discount to List
-$26,900
-8.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$214,250
Outstanding Balance
$162,394
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$489,223

Purchase Details

Closed on
Jun 12, 2013
Sold by
Newton Jonathan Carroll and Newton Laura Raquel
Bought by
Terrace Trust #68507 and Pdq Investments Llc

Purchase Details

Closed on
Jul 5, 2000
Sold by
Newton Jonathan Carroll
Bought by
Newton Laura Raquel

Purchase Details

Closed on
Jul 21, 1999
Sold by
Mccarthy John J
Bought by
Newton Jon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,357
Interest Rate
7.51%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 1999
Sold by
Barton Marilyn J
Bought by
Mccarthy John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.92%
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
Friedman David M -- Orange Coast Title Company
Friedman David W $288,000 First American Title Co
Terrace Trust #68507 $190,500 None Available
Newton Laura Raquel -- --
Newton Jon C $164,500 Chicago Title Co
Mccarthy John J $110,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedman David W $75,750
Open Friedman David W $214,250
Previous Owner Newton Jonathan Carroll $100,000
Previous Owner Newton Jonathan Carroll $216,750
Previous Owner Newton Jon C $162,357
Previous Owner Mccarthy John J $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2014 03/12/14 Sold $288,000 -4.0% $180 / Sq Ft
12/17/2013 12/17/13 Price Changed $299,900 -4.8% $187 / Sq Ft
11/12/2013 11/12/13 For Sale $314,900 -- $197 / 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 $5,944 $358,063 $107,415 $250,648
2023 $5,944 $344,161 $103,245 $240,916
2022 $5,963 $337,414 $101,221 $236,193
2021 $5,985 $330,799 $99,237 $231,562
2020 $5,625 $327,408 $98,220 $229,188
2019 $5,534 $320,990 $96,295 $224,695
2018 $5,434 $314,697 $94,408 $220,289
2017 $5,358 $308,527 $92,557 $215,970
2016 $5,232 $302,479 $90,743 $211,736
2015 $5,036 $293,760 $88,128 $205,632
2014 $3,815 $183,309 $43,277 $140,032
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kerri Kerley

    Bennion Deville Homes

    (760) 464-6040

    6 Total Sales

    Kerri Kerley
    Section Image

  • D

    Buyer's Agent in 2014

    DANIEL BECKER

    BERKSHIRE HATHAWAY CA PROP

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 213004204

California Desert Association of REALTORS®

APN: 686-241-007

California Riverside County Cathedral City 92234 Cathedral City Cove

68507 Terrace Rd, Cathedral City, CA

This home is located at 68507 Terrace Rd, Cathedral City, CA 92234 since 12 November 2013 and is currently estimated at $651,617, approximately $407 per square foot. This property was built in 1967. 68507 Terrace Rd is a home located in Riverside County with nearby schools including Rancho Mirage Elementary School, Nellie N. Coffman 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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