NOT LISTED FOR SALE

Estimated Value: $252,000 - $622,000

2 Beds
1 Bath
1,194 Sq Ft
$364/Sq Ft Est. Value

Last Sold June 12, 2013

Last sale price $67,500 $57 Per Sq Ft

Est. 521% increase in value since last sale

Current estimated payment $2,544/month

36 Days on Market

About This Home

As of June 2013

Charming HUD owned home! Wonderful potential! This two bedroom, one bath home would make a great starter, weekend get-away or an investment property. Within walking distance to IMAX Theatre, restaurants and more. State law requires Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a low to moderate flood risk. Security bars on windows need to be removed, or quick release installed. Repairs: Repair roof / fascia and eaves. Repair water heater. Exposed electrical, Missing smoke detectors. Defective paint / surfaces. For overbidding and/or escrow repair information, please see attached Overbidding and Escrow'' MLS addendum. Lead based paint addendum required.

Last Agent to Sell the Property

Kristopher Maddock

Weichert Realtors-Preferred License #01485000 Listed on: 11/14/2012

Co-Listed By

Maria Richards

Weichert Realtors-Preferred License #01465668

Last Buyer's Agent

Alice Baker

Bennion Deville Homes License #00523860

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,965

Year Built

  • Built in 1946

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,194 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • 1 Car Parking Space

Utilities

  • Evaporated cooling system
  • Property is located within a water district

Community Details

  • Cathedral City Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 687236003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,965

Year Built

Built in 1946

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: 58.63
  • Lp Sp Ratio: 0.9643
  • Year Built: 1946
  • Co Listing Member Address: 43100 Cook St., #104, Palm Desert, CA 92211
  • Co Listing Office Address: 43100 Cook St., #104, Palm Desert, CA 92211
  • Co Listing Office Fax: (760) 469-4606
  • Listing I D: 21465612
  • Listing Office Address: 43100 Cook St., #104, Palm Desert, CA 92211
  • Listing Office Fax: (760) 469-4606
  • Selling Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-6951
  • Land Type: Fee
  • Subdivision: Cathedral City Cove
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Estimated Sq Ft: 1194.00

Exterior Features

  • Roofing: Flat

Garage/Parking

  • Total Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Cooling Type: Evaporative Cooling
  • Sewer: In, Connected and Paid
  • Water: Water District

Lot Info

  • Assessor Parcel Number: 687236003
  • Lot Acres: 0.1400
  • Lot Size: 6098.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2012
Closed on
Jun 7, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Illingworth Carmen Leticia
Seller's Agent
Kristopher Maddock
Weichert Realtors-Preferred
Buyer's Agent
Alice Baker
Bennion Deville Homes
List Price
$70,000
Sold Price
$67,500
Premium/Discount to List
-$2,500
-3.57%
Current Estimated Value
$419,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,959
Avg. Annual Appreciation
15.93%

Purchase Details

Closed on
Aug 22, 2012
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Sep 27, 2000
Sold by
Spring Dennis
Bought by
Spring Dennis and Livingston Cliff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,866
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 2000
Sold by
Larson Calvin D
Bought by
Spring Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,866
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 2000
Sold by
Lawrence C Wayne and Lawrence Edith Elizabeth
Bought by
Larson Calvin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
8.53%

Purchase Details

Closed on
Apr 14, 2000
Sold by
Lawrence C Wayne
Bought by
Larson Calvin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
8.53%

Purchase Details

Closed on
Feb 4, 1998
Sold by
Janus Yvonne and Hernandez Edd
Bought by
Lawrence C Wayne
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Illingworth Carmen Leticia $67,500 Chicago Title Inland Empire
The Secretary Of Housing & Urban Develop -- Landsafe Title
Bank Of America Na $97,815 Landsafe Title
Spring Dennis -- Chicago Title Co
Spring Dennis $87,000 Chicago Title Co
Larson Calvin D $53,000 Chicago Title Co
Larson Calvin D $58,500 Chicago Title Co
Lawrence C Wayne $72,194 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spring Dennis $85,866
Previous Owner Larson Calvin D $42,400
Closed Spring Dennis $2,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2013 06/12/13 Sold $67,500 -3.6% $57 / Sq Ft
12/20/2012 12/20/12 Pending -- -- --
12/18/2012 12/18/12 For Sale $70,000 0.0% $59 / Sq Ft
12/06/2012 12/06/12 Pending -- -- --
11/14/2012 11/14/12 For Sale $70,000 -- $59 / 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 $2,965 $83,108 $36,936 $46,172
2023 $2,965 $79,882 $35,502 $44,380
2022 $2,921 $78,316 $34,806 $43,510
2021 $2,878 $76,781 $34,124 $42,657
2020 $2,801 $75,995 $33,775 $42,220
2019 $2,765 $74,506 $33,113 $41,393
2018 $2,724 $73,046 $32,464 $40,582
2017 $2,692 $71,615 $31,828 $39,787
2016 $2,655 $70,211 $31,204 $39,007
2015 $2,624 $69,159 $30,737 $38,422
2014 $2,602 $67,806 $30,136 $37,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21465612

California Desert Association of REALTORS®

APN: 687-236-003