NOT LISTED FOR SALE

68541 Terrace Rd Cathedral City, CA 92234

Cathedral City Cove Neighborhood

Estimated Value: $472,000 - $639,000

3 Beds
2 Baths
1,534 Sq Ft
$388/Sq Ft Est. Value

Last Sold March 23, 2012

Last sale price $139,500 $91 Per Sq Ft

Est. 327% increase in value since last sale

Current estimated payment $3,622/month

137 Days on Market

Highlights

  • Outdoor Pool
  • Traditional Architecture
  • Covered Patio or Porch
  • Primary Bedroom Suite
  • Secondary bathroom tub or shower combo
  • Detached Garage

About This Home

As of March 2012

New Paint, New Carpet, this refurbished 3bedroom/2bath home in Cathedral City is neat and clean! Beautiful oak door invites you to enter this charming home. Paint color and ceramic tile is color coordinated. Kitchen has white washed cabinetry with corian counter, cook top and double oven. Living area is spacious with an inviting fireplace. Family room has built-in oak cabinetry with sink and wine rack. Both bathrooms have oak cabinets with cultured marble tops. Each bedroom is spacious and has closet space. The back yard has a built-in pool and spa to enjoy those summer days! Hurry out to see this home! Move-in ready!

Last Agent to Sell the Property

Louie Shell Norwood

License #00552358 Listed on: 10/31/2011

Last Buyer's Agent

Camille Victour

Capitis Real Estate License #01884400

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1963

Lot Details

  • 8,276 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence

Parking

  • Detached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,534 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Trash Compactor
  • Laundry in Garage
  • Property Views

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Pool

  • Outdoor Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

  • Cathedral City Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 686241009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,800

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: NA-336
  • Building Style: Traditional
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 97.72
  • Lp Sp Ratio: 0.9306
  • Year Built: 1963
  • Listing I D: 21444915
  • Listing Member Address: 74-040 Hwy 111 Ste. L-216, Palm Desert, CA 92260
  • Listing Office Address: 74-040 Hwy 111 Ste. L-216, Palm Desert, CA 92260
  • Listing Office Fax: (866) 261-5412
  • Selling Office Address: 70227 Hwy 111, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 777-9091
  • Land Type: Fee
  • Subdivision: Cathedral City Cove
  • Special Features: None

Interior Features

  • Appliances: Trash Compactor
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: All Bedrooms Down, Master Suite
  • Total Bedrooms: 3
  • Bathroom Features: Shower Over Tub, Shower Stall
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area
  • Laundry: In Garage
  • Estimated Sq Ft: 1534.00

Exterior Features

  • Construction: Stucco
  • Other Features: Slab
  • Roofing: Composition, Shingle
  • Fencing: Block, Wood
  • Foundation: Slab
  • Patio: Concrete Slab, Covered
  • Pool: Yes
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District

Condo/Co-op/Association

  • Unit Location: Ground Floor

Lot Info

  • Assessor Parcel Number: 686241009
  • Lot Acres: 0.1900
  • Lot Size: 8276.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2011
Closed on
Mar 19, 2012
Sold by
Federal National Mortgage Association
Bought by
Lange Carrie A
Seller's Agent
Louie Shell Norwood
Buyer's Agent
Camille Victour
Capitis Real Estate
List Price
$179,000
Sold Price
$139,500
Premium/Discount to List
-$39,500
-22.07%
Current Estimated Value
$595,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,300
Avg. Annual Appreciation
11.39%

Purchase Details

Closed on
Oct 14, 2011
Sold by
Cavoretto Mark and Cavoretto Cherylynn
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 5, 2004
Sold by
Cavoretto Mark
Bought by
Cavoretto Mark and Cavoretto Cherylynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,600
Interest Rate
5.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2000
Sold by
Cavoretto Jerald J
Bought by
Cavoretto Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,100
Interest Rate
9.37%

Purchase Details

Closed on
Jun 15, 2000
Sold by
Redevelopment Agency City Of Desert Hot
Bought by
Hilton John and Hilton Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,100
Interest Rate
9.37%

Purchase Details

Closed on
May 24, 2000
Sold by
Cavoretto Donna L
Bought by
Cavoretto Jerald J
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
Lange Carrie A $139,500 Stewart Title Of California
Federal National Mortgage Association $143,100 None Available
Cavoretto Mark -- Fidelity National Title Co
Cavoretto Mark $163,000 Fidelity National Title Ins
Hilton John $10,000 Fidelity National Title Co
Cavoretto Jerald J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cavoretto Mark $351,000
Previous Owner Cavoretto Mark $69,425
Previous Owner Cavoretto Mark $251,500
Previous Owner Cavoretto Mark $151,600
Previous Owner Cavoretto Mark $50,000
Previous Owner Cavoretto Mark $136,500
Previous Owner Cavoretto Mark $114,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2012 03/23/12 Sold $139,500 -6.9% $91 / Sq Ft
03/16/2012 03/16/12 Pending -- -- --
02/21/2012 02/21/12 Price Changed $149,900 -11.8% $98 / Sq Ft
01/31/2012 01/31/12 Price Changed $169,900 -5.1% $111 / Sq Ft
10/31/2011 10/31/11 For Sale $179,000 -- $117 / 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 $4,800 $254,962 $64,049 $190,913
2023 $4,800 $245,063 $61,563 $183,500
2022 $4,799 $240,258 $60,356 $179,902
2021 $4,711 $235,548 $59,173 $176,375
2020 $4,541 $233,134 $58,567 $174,567
2019 $4,470 $228,564 $57,419 $171,145
2018 $4,392 $224,084 $56,294 $167,790
2017 $4,333 $219,691 $55,191 $164,500
2016 $4,240 $215,384 $54,109 $161,275
2015 $4,132 $212,151 $53,298 $158,853
2014 $4,106 $207,998 $52,255 $155,743
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Louie Shell Norwood

  • C

    Buyer's Agent in 2012

    Camille Victour

    Capitis Real Estate

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 21444915

California Desert Association of REALTORS®

APN: 686-241-009

California Riverside County Cathedral City 92234 Cathedral City Cove

68541 Terrace Rd, Cathedral City, CA

This home is located at 68541 Terrace Rd, Cathedral City, CA 92234 since 31 October 2011 and is currently estimated at $595,800, approximately $388 per square foot. This property was built in 1963. 68541 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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