NOT LISTED FOR SALE

68630 Risueno Rd Cathedral City, CA 92234

Panorama Neighborhood

Estimated Value: $612,000 - $686,000

5 Beds
4 Baths
2,400 Sq Ft
$270/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $632,000 $263 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,112/month

26 Days on Market

Highlights

  • Guest House
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Casita
  • Contemporary Architecture
  • Secondary bathroom tub or shower combo

About This Home

As of August 2023

Fabulous home with detached casita located in the very desirable neighborhood of Panorama in Cathedral City. This 5 BR / 4 BA house (including casita) has everything: owned Tesla solar panel system, spacious bedrooms, vaulted ceilings, upgraded kitchen, 2 car garage, and more. The combined living/dining room features a fireplace and vaulted ceilings along with an additional family room leading out to a spacious backyard with a built-in BBQ for entertaining and low maintenance landscape. The backyard would be perfect for a pool! The house contains three bedrooms and a den (or a 4th bedroom), the front bedroom has a private exterior entrance and bath (aka. In-law suite). The big master en-suite has vaulted ceilings and a slider leading to a covered patio. Another feature of this home is the large detached one bedroom casita complete with a kitchenette, bathroom, large patio, and its own HVAC split system. The location is close to shopping, restaurants, the airport and freeway.

Last Agent to Sell the Property

Darren Shay

Coldwell Banker Realty License #01893686 Listed on: 07/12/2023

Coldwell Banker Realty

Last Buyer's Agent

Darren Shay

Coldwell Banker Realty License #01893686 Listed on: 07/12/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 8,276 Sq Ft Lot
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Tile Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Kitchenette
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Jack-and-Jill Bathroom
  • 4 Full Bathrooms
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Casita

Additional Features

  • Solar owned by seller
  • Guest House
  • Ground Level
  • Forced Air Heating and Cooling System

Community Details

  • Panorama Subdivision

Listing and Financial Details

  • Assessor Parcel Number 675331008

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground
  • Building Number Of Stories: 1
  • Building Style: Contemporary
  • Casita Features: Kitchenette
  • Casita Features Other: Bathroom (shower & toilet)
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 249.96
  • Lp Sp Ratio: 1.0500
  • Year Built: 1999
  • Listing I D: 219097356
  • Listing Member Address: 72-605 Highway 111 Ste B2, Palm Desert, CA 92260
  • Listing Office Address: 72-605 Highway 111 Ste B2, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Selling Member Address: 72-605 Highway 111 Ste B2, Palm Desert, CA 92260
  • Selling Office Address: 72-605 Highway 111 Ste B2, Palm Desert, CA 92260
  • Selling Office Fax: (760) 776-1666
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Panorama
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Microwave Oven, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: High Ceilings (9 Ft+), Vaulted Ceiling(s)
  • Fireplace Features: Gas
  • Flooring: Carpet, Tile, Laminate
  • Bedroom Features: Master Suite
  • Total Bedrooms: 5
  • Bathroom Features: Dual Entry-Jack & Jill, Shower Stall, Shower Over Tub
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Eating Areas: Living/Dining Combo
  • Kitchen Features: Granite Counters, Kitchenette
  • Laundry: Laundry Area
  • Estimated Sq Ft: 2400.00

Exterior Features

  • Other Features: Solar System Owned
  • Other Structures: Guest House/Casita
  • Roofing: Tile
  • Patio: Covered
  • Planned Unit Development: No

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking 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: 675331008
  • Irrigation: Sprinkler System
  • Lot Size: 8276.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Jul 20, 2023
Sold by
Blue Byron Max and Blue Kinh Trong
Bought by
Cayabyab Arcita A and Luu Kinh Trong
Seller's Agent
Darren Shay
Coldwell Banker Realty
Buyer's Agent
Darren Shay
Coldwell Banker Realty
List Price
$599,900
Sold Price
$632,000
Premium/Discount to List
$32,100
5.35%
Current Estimated Value
$647,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,508
Avg. Annual Appreciation
1.03%
Original Mortgage
$474,000
Outstanding Balance
$463,045
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$184,463

Purchase Details

Listed on
Apr 10, 2019
Closed on
May 6, 2019
Sold by
Ocean Capital Group Inc
Bought by
Blue Byron Max and Luu Kinh Trong
Seller's Agent
Peter Gates
Ocean Capital Real Estate
Buyer's Agent
Darren Shay
Coldwell Banker Realty
List Price
$449,900
Sold Price
$420,000
Premium/Discount to List
-$29,900
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%

Purchase Details

Listed on
Feb 5, 2019
Closed on
Mar 4, 2019
Sold by
Fannie Mae
Bought by
Ocean Capital Group Inc
Seller's Agent
Michael Ricks
Bennion Deville Homes
List Price
$354,000
Sold Price
$354,500
Premium/Discount to List
$500
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
124.20%

Purchase Details

Listed on
Feb 5, 2019
Closed on
Jan 29, 2019
Sold by
Jacobs Robert and Jacobs Agnes M
Bought by
Federal National Mortgage Association
Seller's Agent
Michael Ricks
Bennion Deville Homes
List Price
$354,000
Sold Price
$354,500
Premium/Discount to List
$500
0.14%

Purchase Details

Closed on
Aug 15, 2006
Sold by
Jacobs Robert and Jacobs Agnes M
Bought by
Jacobs Robert and Jacobs Agnes M

Purchase Details

Closed on
May 31, 2006
Sold by
Jacobs Agnes Marie
Bought by
Jacobs Robert and Jacobs Agnes M

Purchase Details

Closed on
Feb 23, 1999
Sold by
Jacobs Robert
Bought by
Jacobs Agnes Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 1999
Sold by
Lamb Cathleen
Bought by
Lamb David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cayabyab Arcita A $632,000 First American Title
Blue Byron Max $420,000 Lawyers Title Company
Ocean Capital Group Inc $354,500 Lawyers Title Ie
Federal National Mortgage Association $337,916 Title365
Jacobs Robert -- None Available
Jacobs Robert -- None Available
Jacobs Agnes Marie -- First American Title Co
Jacobs Agnes Marie $144,000 First American Title Co
Lamb David -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cayabyab Arcita A $474,000
Previous Owner Jacobs Agnes Marie $123,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2023 08/28/23 Sold $632,000 +5.4% $263 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $599,900 +42.8% $250 / Sq Ft
05/22/2019 05/22/19 Sold $420,000 -4.5% $175 / Sq Ft View Prior Sale
05/06/2019 05/06/19 Pending -- -- --
04/23/2019 04/23/19 Price Changed $439,900 -2.2% $183 / Sq Ft
04/10/2019 04/10/19 For Sale $449,900 +26.9% $187 / Sq Ft
03/06/2019 03/06/19 Sold $354,500 +0.1% $148 / Sq Ft View Prior Sale
02/14/2019 02/14/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $354,000 -- $148 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $8,716 $644,640 $161,160 $483,480
2023 $8,716 $450,321 $42,886 $407,435
2022 $6,330 $441,493 $42,046 $399,447
2021 $6,158 $432,837 $41,222 $391,615
2020 $5,838 $428,400 $40,800 $387,600
2019 $3,652 $249,902 $28,094 $221,808
2018 $3,553 $245,003 $27,545 $217,458
2017 $3,486 $240,200 $27,005 $213,195
2016 $3,387 $235,491 $26,476 $209,015
2015 $3,269 $231,955 $26,079 $205,876
2014 $3,233 $227,414 $25,569 $201,845
Source: Public Records

Agents Affiliated with this Home

  • Darren Shay

    Seller's Agent in 2023

    Darren Shay

    Coldwell Banker Realty

    (954) 873-5064

    3 in this area

    101 Total Sales

    Darren Shay
    Section Image

  • M

    Seller's Agent in 2019

    Michael Ricks

    Bennion Deville Homes

    Section Image

  • P

    Seller's Agent in 2019

    Peter Gates

    Ocean Capital Real Estate

    Section Image
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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219097356

Greater Palm Springs Multiple Listing Service

APN: 675-331-008

California Riverside County Cathedral City 92234 Panorama

68630 Risueno Rd, Cathedral City, CA

Not Listed for Sale

Detached

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