NOT LISTED FOR SALE

68590 Risueno Rd Cathedral City, CA 92234

Panorama Neighborhood

Estimated Value: $708,000 - $905,000

5 Beds
4 Baths
2,797 Sq Ft
$296/Sq Ft Est. Value

Sale Details

Date Sold: February 1, 2023

Last sale price $890,000 $318 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,557 / mo

14 Days on Market

Highlights

  • Pebble Pool Finish
  • Private Lot
  • Granite Countertops
  • Updated Kitchen
  • Secondary bathroom tub or shower combo
  • Covered Patio or Porch

About This Home

As of February 2023

Own this truly amazing home with essentially no electric bill & as low as 5.5% FIXED mortgage for qualified buyers with rate buy-down by seller (see agent remarks). This 2797sf 5 bed, 4 bath resort property (including a detached 1 bed, 1 bath casita) & must be seen to truly appreciate. Possibly the nicest & most upgraded home in Cathedral City. Personally remodeled by a local renowned contractor as his primary residence, an incredible amount of detail & care has been put into every facet of the home, with no expense spared. The rear yard feels like spa-like mini-resort with a lagoon-like salt water pebbletech pool & spa (with both solar & natural gas heat), custom firepit, tropical landscaping, & built-in outdoor heaters. The interior is geared for both relaxing & entertaining & is centered by a great room w/fireplace, vaulted ceilings, sky lights throughout, & a cook's kitchen with Viking/Bosch stainless steel appliances, cutting board island, & extensive countertops. There's a custom-designed liquor bar cabinet with color-changing LEDs to set the mood & various art niches & custom lighting throughout. All beds/baths are spaced apart, with only one bedroom sharing a wall with any other, perfect for large families. No expense has been spared & every detail has been attended to. Make this truly one-of-a-kind property yours!

Last Agent to Sell the Property

Lawrence French

License #01733241 Listed on: 12/05/2022

Last Buyer's Agent

Klint Watkins

HK Lane Real Estate License #01820348

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 8,276 Sq Ft Lot
  • Block Wall Fence
  • Landscaped
  • Private Lot
  • Sprinklers on Timer
  • Front Yard

Home Design

  • "S" Clay Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,797 Sq Ft Home
  • 1-Story Property
  • Dry Bar
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • French Doors
  • Family Room
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Wood Countertops
  • Disposal

Flooring

  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • Pebble Pool Finish
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Community Details

  • Panorama Subdivision

Listing and Financial Details

  • Assessor Parcel Number 675313019

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 339.61
  • Lp Sp Ratio: 0.9400
  • Year Built: 2001
  • Listing I D: 219087990
  • Listing Member Address: 16835 Algonquin St. #157, Huntington Beach, CA 92649
  • Listing Office Address: 16835 Algonquin St., #157, Huntington Beach, CA 92649
  • Selling Office Address: 155 S Palm Canyon Drive, Suite A2, Palm Springs, CA 92262
  • Selling Office Fax: (760) 325-0763
  • Land Type: Fee
  • Subdivision: Panorama
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave Oven, Exhaust Fan, Water Line to Refrigerator, Refrigerator, Ice Maker, Gas Dryer Hookup, Disposal
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Recessed Lighting, Dry Bar
  • Range Hood: Yes
  • Fireplace Features: Gas
  • Flooring: Carpet, Travertine
  • Total Bedrooms: 5
  • Bathroom Features: Double Vanity(s), Shower Stall, Shower Over Tub, Remodeled
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Island, Wood Counters, Granite Slab Counters, Remodeled
  • Laundry: Individual Room
  • Estimated Sq Ft: 2797.00

Exterior Features

  • Construction: Stucco
  • Roofing: Clay Tile
  • Fencing: Block
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: Pebble
  • Pool Description: Heated, Salt Water, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • Spa Hot Tub Description: Heated

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener, Driveway
  • Total Covered Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 8.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 675313019
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Description: Fenced, Private, Landscaped, Front Yard
  • Lot Size: 8276.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2022
Closed on
Dec 27, 2022
Sold by
Bought by
Seller's Agent
Lawrence French
Buyer's Agent
Klint Watkins
HK Lane Real Estate
List Price
$949,900
Sold Price
$890,000
Premium/Discount to List
-$59,900
-6.31%
Views
48
Current Estimated Value
$827,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,140
Avg. Annual Appreciation
-2.15%
Original Mortgage
$660,000
Outstanding Balance
$638,333
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$189,527

Purchase Details

Closed on
Apr 20, 2016
Sold by
Bought by

Purchase Details

Closed on
Dec 19, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,631
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 29, 2011
Closed on
Dec 22, 2011
Sold by
Bought by
Seller's Agent
Greg Norris
Greg Norris, Broker
Buyer's Agent
Greg Norris
Greg Norris, Broker
Sold Price
$180,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%
Original Mortgage
$178,090
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,090
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 27, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 3, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 31, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 22, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.13%

Purchase Details

Closed on
Jan 17, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$890,000 Ticor Title
-- None Available
$186,000 Orange Coast Title
$181,000 First American Title Company
-- First American Title Company
-- None Available
-- None Available
-- Fidelity National Title Co
-- First American Title Co
$480,000 First American Title Co
$330,000 First American Title Co
-- First American Title Co
$34,000 First American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $660,000
Previous Owner $182,631
Previous Owner $178,090
Previous Owner $417,000
Previous Owner $380,000
Previous Owner $264,000
Previous Owner $125,000
Closed $33,000
Closed $47,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2023 02/01/23 Sold $890,000 -6.3% $318 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
12/05/2022 12/05/22 For Sale $949,900 +425.0% $340 / Sq Ft
02/08/2012 02/08/12 Sold $180,932 0.0% $85 / Sq Ft View Prior Sale
11/30/2011 11/30/11 Pending -- -- --
11/29/2011 11/29/11 Off Market $180,932 -- --
Source: California Desert Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,869 $925,956 $41,616 $884,340
2023 $12,869 $220,140 $55,032 $165,108
2022 $4,105 $215,824 $53,953 $161,871
2021 $4,649 $211,594 $52,896 $158,698
2020 $3,389 $209,425 $52,354 $157,071
2019 $3,320 $205,320 $51,328 $153,992
2018 $3,243 $201,295 $50,322 $150,973
2017 $3,063 $197,349 $49,336 $148,013
2016 $2,978 $193,480 $48,369 $145,111
2015 $2,876 $190,576 $47,644 $142,932
2014 $2,736 $186,844 $46,711 $140,133
Source: Public Records

Agents Affiliated with this Home

  • Lawrence French

    Seller's Agent in 2023

    Lawrence French

    (760) 392-0000

    2 in this area

    9 Total Sales

    Lawrence French
    Section Image

  • K

    Buyer's Agent in 2023

    Klint Watkins

    HK Lane Real Estate

  • G

    Seller's Agent in 2012

    Greg Norris

    Greg Norris, Broker

    (951) 515-5308

    3 Total Sales

    Greg Norris
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219087990

California Desert Association of REALTORS®

APN: 675-313-019

California Riverside County Cathedral City 92234 Panorama

68590 Risueno Rd, Cathedral City, CA

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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