NOT LISTED FOR SALE

Estimated Value: $473,000 - $498,000

2 Beds
2 Baths
1,208 Sq Ft
$404/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $219,000 $181 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,026/month

183 Days on Market

Highlights

  • Additional Residence on Property
  • Midcentury Modern Architecture
  • Deck
  • Heated In Ground Pool
  • Mountain View
  • Double Shower

About This Home

As of April 2015

Don not disturb occupants! Paradise found in the Cove. Fantastic mid-century bungalows, remodeled approximately only 5 years ago. Two homes on one lot, the property offers a resort-like setting with large saltwater heated pool & spa, boasts an oasis of fruit trees, cactus, palms & other tropical varieties that attract many hummingbirds. Enjoy the efficient split system heat & air, finished concrete counters, Ikea cabinets & recessed lights & dual head clear glass shower. Enclosed with a unique metal fence for privacy, the property is embraced with 180 degree views of mountains & lush trees. The pool is accented with a linear pattern concrete deck & adjustable sun to shade patio, perfect to place your outdoor furniture, BBQ & floaties for entertaining. There is good separation between the two houses, landscaped and nicely shaded with cool triangular sun sails and outdoor shower. This is a rare opportunity for a full-time home, 2nd home or rental.

Last Agent to Sell the Property

Jeff Miller

HomeSmart License #0960509 Listed on: 09/12/2014

HomeSmart

Last Buyer's Agent

Jeff Miller

Out Side Broker Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 9,583 Sq Ft Lot
  • Cul-De-Sac
  • South Facing Home
  • Privacy Fence
  • Fenced
  • Drip System Landscaping
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Sprinklers on Timer

Parking

  • 2 Car Parking Spaces

Property Views

  • Mountain
  • Hills

Home Design

  • Midcentury Modern Architecture
  • Modern Architecture
  • Flat Roof Shape
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,208 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Great Room
  • Dining Area

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Water Line To Refrigerator
  • Dishwasher
  • Concrete Kitchen Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • Secondary bathroom tub or shower combo
  • Double Shower
  • Shower Only
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Located Outside
  • Electric Dryer Hookup

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Saltwater Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Covered Patio or Porch

Additional Homes

  • Additional Residence on Property

Utilities

  • Central Air
  • Heating Available
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Cathedral City Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 687241031

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South, Leisure Faces South
  • Levels: Ground Level, No Unit Above, One
  • Builders Tract Code: Cathedral City Cove
  • Building Style: Mid Century, Modern
  • Included In Sale: 2 refrigerators, stove
  • List Price per Sq Ft: 182.04
  • Lp Sp Ratio: 0.9959
  • View Type: Hills, Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1959
  • Listing I D: 214082756
  • Listing Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Member Fax: (760) 844-7177
  • Listing Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Fax: (760) 844-7550
  • Selling Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Member Fax: (760) 844-7177
  • Selling Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Cathedral City Cove
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Water Line to Refrigerator, Refrigerator, Electric Dryer Hookup
  • Interior Amenities: Recessed Lighting
  • Flooring: Ceramic Tile, Wood
  • Total Bedrooms: 2
  • Bathroom Features: Double Shower, Tile Shower, Shower Stall, Shower Over Tub, Remodeled
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Dining Area
  • Kitchen Features: Concrete Counters
  • Laundry: Outside
  • Estimated Sq Ft: 1208.00
  • Windows Treatments: Double Pane Windows, Mini Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Two on a Lot
  • Other Structures: Outside Shower
  • Roofing: Composition, Shingle, Flat
  • Fencing: Privacy
  • Foundation: Slab, Raised
  • Patio: Covered, Deck
  • Pool: Yes
  • Pool Accessories: Unknown
  • Pool Construction: In Ground
  • Pool Description: Heated, Salt Water
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated, Private
  • View: Yes

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Sewer: Connected on Bond
  • Water: Water District
  • Water Heater Feature: Gas

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 687241031
  • Irrigation: Drip System, Sprinkler Timer
  • Lot Acres: 0.2200
  • Lot Description: Curbs, Street Public, Street Paved, Rectangular Lot, Landscaped, Fenced
  • Lot Location: Cul-De-Sac
  • Lot Size: 9583.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2016
Sold by
Pearson Elizabeth A
Bought by
Pearson Elizabeth Ann and Wells Family Trust
Current Estimated Value
$488,000

Purchase Details

Listed on
Sep 12, 2014
Closed on
Apr 2, 2015
Sold by
Hanson Kenneth Michael and Bjorklind Andrew Eric
Bought by
Pearson Elizabeth A
Seller's Agent
Jeff Miller
HomeSmart
Buyer's Agent
Jeff Miller
Out Side Broker Office
List Price
$249,900
Sold Price
$219,000
Premium/Discount to List
-$30,900
-12.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$200,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2009
Sold by
Us Bank National Association
Bought by
Hanson Kenneth Michael and Bjorklind Andrew Eric

Purchase Details

Closed on
Jan 14, 2009
Sold by
Flores Graciela
Bought by
Lasalle Bank Na and Mlmi Trust Series 2006-Rm5

Purchase Details

Closed on
Feb 10, 2007
Sold by
Flores Graciela
Bought by
Flores Graciela and Flores Maria Nieves

Purchase Details

Closed on
Aug 1, 2006
Sold by
Corte Alberto
Bought by
Flores Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
8.76%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 26, 2006
Sold by
Matros Thomas G and Matros Sue Anne
Bought by
Flores Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
8.76%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 7, 2005
Sold by
Matros Thomas G
Bought by
Matros Thomas G and Matros Sue Anne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pearson Elizabeth Ann -- None Available
Pearson Elizabeth A $219,000 Orange Coast Title
Hanson Kenneth Michael $61,500 Fidelity National Title
Lasalle Bank Na $57,378 None Available
Flores Graciela -- None Available
Flores Graciela $288,000 New Century Title Company
Flores Graciela $288,000 New Century Title Company
Matros Thomas G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pearson Elizabeth A $200,000
Previous Owner Flores Graciela $230,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2015 06/12/15 Off Market $219,000 -- --
04/17/2015 04/17/15 Sold $219,000 -12.4% $181 / Sq Ft
03/14/2015 03/14/15 Pending -- -- --
09/12/2014 09/12/14 For Sale $249,900 -- $207 / 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 $5,689 $263,196 $78,116 $185,080
2023 $5,689 $252,978 $75,084 $177,894
2022 $5,627 $248,018 $73,612 $174,406
2021 $5,509 $243,156 $72,169 $170,987
2020 $5,309 $240,663 $71,429 $169,234
2019 $5,219 $235,945 $70,029 $165,916
2018 $5,117 $231,319 $68,656 $162,663
2017 $5,044 $226,784 $67,310 $159,474
2016 $4,941 $222,339 $65,991 $156,348
2015 $3,077 $74,740 $15,600 $59,140
2014 $3,060 $73,279 $15,296 $57,983
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214082756

California Desert Association of REALTORS®

APN: 687-241-031