NOT LISTED FOR SALE

Estimated Value: $633,000 - $725,089

5 Beds
3 Baths
2,681 Sq Ft
$249/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $524,500 $196 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,341/month

18 Days on Market

Highlights

  • Heated In Ground Pool
  • Bonus Room
  • Great Room
  • Mountain View
  • Furnished
  • Den

About This Home

As of August 2020

Welcome to this stunning recently remodeled home, where modern elegance meets desert living. As you step inside, you'll be greeted by soaring high ceilings and an open floor plan, perfect for entertaining or gathering with friends and family. This spacious residence boasts 5 bedrooms and 3 bathrooms, offering a generous 2,681 square feet of living space. Situated on a large lot in a serene cul-de-sac, this home offers the ideal desert living experience. The backyard is a private oasis, complete with a pool, tanning shelf, and spa, ensuring your relaxation with no neighbors behind you! Additional features include indoor laundry room with washer/dryer, double car garage, fully updated kitchen, and all appliances. Conveniently located in Cathedral City, only 15 minutes from downtown Palm Springs! This home is fully furnished and ready for your immediate enjoyment. Don't miss out on this exceptional lease opportunity! Option for seasonal or long term lease.

Last Agent to Sell the Property

Sean Stanfield

Desert Sotheby's International Realty License #01024996 Listed on: 06/12/2020

Co-Listed By

Nicholas Collins

Desert Sotheby's International Realty License #02079936

Last Buyer's Agent

Izabell Manukyan

JohnHart Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,956

Year Built

  • Built in 2005

Lot Details

  • 0.26 Acre Lot
  • Sprinkler System

HOA Fees

  • $34 Monthly HOA Fees

Property Views

  • Mountain
  • Pool

Interior Spaces

  • 2,681 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Entryway
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Tile Flooring
  • Closed Circuit Camera
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Fence Around Pool

Outdoor Features

  • Fireplace in Patio

Utilities

  • Forced Air Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 675513006

Community Details

Overview

  • La Pasada Subdivision

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,956

Year Built

Built in 2005

Lot Details

0

HOA Fees

$34 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
  • List Price per Sq Ft: 199.55
  • Lp Sp Ratio: 0.9800
  • View Type: Mountain(s), Pool
  • Year Built: 2005
  • Co Listing Member Address: 74890 Highway 111, Indian Wells, CA 92210
  • Co Listing Member Fax: (805) 305-3056
  • Co Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Listing I D: 219044938
  • Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Selling Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Land Type: Fee
  • Subdivision: La Pasada
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room, Patio
  • Fireplace Features: Gas & Wood
  • Flooring: Tile
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 2681.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, Private, In Ground, Fenced
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Driveway, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Security: Closed Circuit Camera(s), Prewired For Alarm
  • Sewer: In Street Paid

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Amenities: Management, Pet Rules
  • HOA Information: Yes
  • HOA Fee 1: 34.00
  • Total Monthly Association Fees: 34.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 675513006
  • Irrigation: Sprinkler System
  • Lot Acres: 0.2600
  • Lot Size: 11326.00

Rental Info

  • Will Consider Lease: Yes
  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2021
Sold by
Martirosian Sona
Bought by
Boyajyan Melinda
Current Estimated Value
$668,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$367,810
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$308,264

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 30, 2020
Sold by
Shalvarjyan Vahan
Bought by
Martirosian Sona
Seller's Agent
Sean Stanfield
Desert Sotheby's International Realty
Buyer's Agent
Izabell Manukyan
JohnHart Real Estate
List Price
$535,000
Sold Price
$524,500
Premium/Discount to List
-$10,500
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Original Mortgage
$472,050
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 20, 2020
Sold by
Formby Charlotte Sophie and Formby Jonathan
Bought by
Martirosian Sona
Seller's Agent
Sean Stanfield
Desert Sotheby's International Realty
Buyer's Agent
Izabell Manukyan
JohnHart Real Estate
List Price
$535,000
Sold Price
$524,500
Premium/Discount to List
-$10,500
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,050
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2019
Sold by
Formby Jonathan and Formby Charlotte Sophia
Bought by
Formby Charlotte Sophia and Formby Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2017
Sold by
Formby Jonathan and Formby Sophia C
Bought by
Formby Jonathan and Formby Charlotte Sophia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2014
Sold by
Formby Jonathan
Bought by
Formby Jonathan and Formby Sophia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2006
Sold by
Formby Jonathan
Bought by
Formby Jonathan and Jonathan Formby Living 2006 Trust

Purchase Details

Closed on
Mar 28, 2006
Sold by
Formby Sophia Charlotte
Bought by
Formby Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 3, 2006
Sold by
Far West Industries
Bought by
Formby Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
1%
Mortgage Type
Negative Amortization
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
Boyajyan Melinda $540,000 Lawyers Title Company
Martirosian Sona -- Lawyers Title Company
Martirosian Sona $524,500 Lawyers Title
Formby Charlotte Sophia -- Wfg Title Company Of Ca
Formby Jonathan -- Chicago Title Company
Formby Jonathan -- Stewart Title & Uptown Escro
Formby Jonathan -- Accommodation
Formby Jonathan -- Lawyers Title Company
Formby Jonathan $627,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyajyan Melinda $405,000
Previous Owner Martirosian Sona $472,050
Previous Owner Formby Charlotte Sophia $315,000
Previous Owner Formby Jonathan $150,000
Previous Owner Formby Jonathan $210,000
Previous Owner Formby Jonathan $100,000
Previous Owner Formby Jonathan $375,000
Previous Owner Formby Jonathan $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Off Market $4,500 -- --
10/04/2024 10/04/24 For Rent $4,500 0.0% --
08/25/2020 08/25/20 Sold $524,500 -2.0% $196 / Sq Ft
07/07/2020 07/07/20 For Sale $535,000 0.0% $200 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $535,000 0.0% $200 / Sq Ft
10/18/2015 10/18/15 Rented $2,500 0.0% --
09/24/2015 09/24/15 Price Changed $2,500 -28.6% $1 / Sq Ft
09/16/2015 09/16/15 For Rent $3,500 +75.0% --
08/01/2014 08/01/14 Rented $2,000 0.0% --
07/28/2014 07/28/14 Under Contract -- -- --
07/25/2014 07/25/14 For Rent $2,000 -- --
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 $7,956 $584,510 $74,416 $510,094
2023 $7,956 $561,815 $71,527 $490,288
2022 $7,809 $550,800 $70,125 $480,675
2021 $7,405 $524,500 $68,750 $455,750
2020 $10,467 $796,672 $195,859 $600,813
2019 $6,322 $463,840 $114,400 $349,440
2018 $6,078 $446,000 $110,000 $336,000
2017 $5,902 $431,000 $106,000 $325,000
2016 $5,265 $385,000 $95,000 $290,000
2015 $4,737 $351,000 $86,000 $265,000
2014 $4,525 $330,000 $81,000 $249,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219044938

California Desert Association of REALTORS®

APN: 675-513-006