Seller's Agent in 2022
David Camerena
TRIFECTA REAL ESTATE GROUP
(909) 635-7721
2 in this area
23 Total Sales
68795 Cedar Rd Cathedral City, CA 92234
Whitewater NeighborhoodEstimated Value: $346,000 - $451,000
4
Beds
2
Baths
1,356
Sq Ft
$298/Sq Ft
Est. Value
Highlights
- No HOA
- No Heating
- 3-minute walk to Ocotillo Park
- Tile Flooring
- 1-Story Property
About This Home
As of February 2022Income-producing duplex with long term tenants located within an Opportunity Zone. Rents are well below market with upside potential. Both units are 2 bedrooms and 1 bath each, totaling 1,359 sqft of living space which sits on a large 9,000+ corner lot. This duplex is to be sold with the adjacent lot at 33215 Via de Anza, Cathedral City, CA. The lot will be sold with city approved plans to build out a new duplex. The front home will consist of approx. 1,440 sqft of Living area Plus a 2 - Car Garage Area approx. 486 sqft. The 2nd dwelling/home in the rear with approx. 674 sqft. of Living area Plus a 1 - Car Garage with approx. 238 sqft.. Please refer to MLS #IV21118007 for additional details. Sellers are asking $625,000 for both properties. Don't miss out on this great opportunity to own an income producing duplex and to build your own duplex/investment.
Last Agent to Sell the Property
TRIFECTA REAL ESTATE GROUP License #01371045 Listed on: 06/03/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,654
Year Built
- Built in 1956
Lot Details
- 9,148 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- Duplex
Interior Spaces
- 1,356 Sq Ft Home
- 1-Story Property
- Tile Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Parking
- Parking Available
- Gravel Driveway
- Unpaved Parking
Outdoor Features
- Exterior Lighting
Utilities
- No Heating
- Natural Gas Connected
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 45
- Tax Tract Number 449
- Assessor Parcel Number 680403004
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- Insurance Expense $1,000
- Water Sewer Expense $780
- New Taxes Expense $4,688
- Operating Expense $6,468
- Gross Income $21,600
- Net Operating Income $16,190
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2021
Closed on
Apr 19, 2022
Sold by
Jon Psarras Anthony
Bought by
Anthony Psarras Llc
Seller's Agent
David Camerena
TRIFECTA REAL ESTATE GROUP
Buyer's Agent
Anthony Psarras
Silver Sands Realty
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,760
Avg. Annual Appreciation
2.86%
Purchase Details
Listed on
Jun 3, 2021
Closed on
Feb 25, 2022
Sold by
Camarena and Amanda
Bought by
Psarras Anthony Jon
Seller's Agent
David Camerena
TRIFECTA REAL ESTATE GROUP
Buyer's Agent
Anthony Psarras
Silver Sands Realty
List Price
$375,000
Sold Price
$375,000
Purchase Details
Listed on
Jun 3, 2021
Closed on
Feb 17, 2022
Sold by
Camarena and Amanda
Bought by
Psarras Anthony Jon
Seller's Agent
David Camerena
TRIFECTA REAL ESTATE GROUP
Buyer's Agent
Anthony Psarras
Silver Sands Realty
List Price
$375,000
Sold Price
$375,000
Purchase Details
Listed on
Jun 12, 2018
Closed on
Oct 15, 2018
Sold by
Tzadok Tomer
Bought by
46517 Arabia Llc
Seller's Agent
Latasha O'Keith
Lamarc Realty
Buyer's Agent
David Camerena
TRIFECTA REAL ESTATE GROUP
List Price
$299,500
Sold Price
$265,000
Premium/Discount to List
-$34,500
-11.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%
Original Mortgage
$198,750
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 12, 2018
Closed on
Oct 12, 2018
Sold by
46517 Arabia Llc
Bought by
Camarena David and Cowans Amanda
Seller's Agent
Latasha O'Keith
Lamarc Realty
Buyer's Agent
David Camerena
TRIFECTA REAL ESTATE GROUP
List Price
$299,500
Sold Price
$265,000
Premium/Discount to List
-$34,500
-11.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 7, 2018
Sold by
Tzadok Tomer
Bought by
46517 Arabia Llc
Purchase Details
Closed on
Nov 21, 2017
Sold by
46517 Arabic Llc
Bought by
Tzadok Tomer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 26, 2016
Closed on
Nov 23, 2016
Sold by
Bv Investments Llc
Bought by
46517 Arabia Llc
Seller's Agent
Brian Gordon
Lotus Property Services, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$270,000
Sold Price
$245,000
Premium/Discount to List
-$25,000
-9.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$1,000,000
Interest Rate
4.03%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 10, 2015
Sold by
Clipner George P
Bought by
Bv Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.97%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 21, 2014
Sold by
Clipner George P
Bought by
Clipner George P
Purchase Details
Closed on
Nov 4, 2013
Sold by
Okeefe Thomas J
Bought by
Clipner George P and Clipner Lindsay
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Anthony Psarras Llc | -- | None Listed On Document | |
| Psarras Anthony Jon | $375,000 | None Listed On Document | |
| Psarras Anthony Jon | $375,000 | None Listed On Document | |
| 46517 Arabia Llc | -- | Old Republic Title Company | |
| Camarena David | $265,000 | Old Republic Title Company | |
| Esquivel William | -- | Old Republic Title Company | |
| 46517 Arabia Llc | -- | Accommodation | |
| Tzadok Tomer | -- | None Available | |
| 46517 Arabia Llc | $245,000 | Ticor Title Company | |
| Bv Investments Llc | $145,000 | Ticor Title Company | |
| Clipner George P | -- | None Available | |
| Clipner George P | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Camarena David | $203,895 | |
| Previous Owner | Camarena David | $198,750 | |
| Previous Owner | Tzadok Tomer | $180,000 | |
| Previous Owner | Arabia Llc | $1,000,000 | |
| Previous Owner | 46517 Arabia Llc | $1,000,000 | |
| Previous Owner | Bv Investments Llc | $112,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/25/2022 02/25/22 | Sold | $375,000 | 0.0% | $277 / Sq Ft |
| 12/16/2021 12/16/21 | Pending | -- | -- | -- |
| 06/03/2021 06/03/21 | For Sale | $375,000 | +41.5% | $277 / Sq Ft |
| 10/18/2018 10/18/18 | Sold | $265,000 | -11.5% | $195 / Sq Ft |
| 08/06/2018 08/06/18 | Pending | -- | -- | -- |
| 06/12/2018 06/12/18 | For Sale | $299,500 | +22.2% | $220 / Sq Ft |
| 12/30/2016 12/30/16 | Sold | $245,000 | -9.3% | $180 / Sq Ft |
| 11/14/2016 11/14/16 | Pending | -- | -- | -- |
| 10/26/2016 10/26/16 | For Sale | $270,000 | -- | $199 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,654 | $397,952 | $100,814 | $297,138 |
| 2023 | $5,654 | $382,500 | $96,900 | $285,600 |
| 2022 | $4,256 | $278,559 | $69,374 | $209,185 |
| 2021 | $4,119 | $273,098 | $68,014 | $205,084 |
| 2020 | $3,629 | $270,299 | $67,317 | $202,982 |
| 2019 | $3,551 | $265,000 | $66,000 | $199,000 |
| 2018 | $2,857 | $211,140 | $53,040 | $158,100 |
| 2017 | $2,803 | $207,000 | $52,000 | $155,000 |
| 2016 | $1,735 | $120,000 | $32,000 | $88,000 |
| 2015 | $1,082 | $73,444 | $11,277 | $62,167 |
| 2014 | -- | $72,007 | $11,057 | $60,950 |
Source: Public Records
Agents Affiliated with this Home
-
David Camerena
-
Anthony Psarras
Buyer's Agent in 2022
Anthony Psarras
Silver Sands Realty
(775) 720-6885
1 in this area
5 Total Sales
-
L
Seller's Agent in 2018
Latasha O'Keith
Lamarc Realty
-
Brian Gordon
Seller's Agent in 2016
Brian Gordon
Lotus Property Services, Inc.
(626) 582-8001
16 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2016
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
5,800 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV21117611
APN: 680-403-004
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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