NOT LISTED FOR SALE

Estimated Value: $434,000 - $496,000

2 Beds
2 Baths
1,100 Sq Ft
$419/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $458,000 $416 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,856/month

100 Days on Market

Highlights

  • Private Yard
  • Ductless Heating Or Cooling System
  • Ceiling Fan
  • No HOA
  • Laundry Room
  • Level Lot

About This Home

As of February 2024

Turn key duplex in Cathedral City Cove. This property is freshly reimagined and WAITING FOR YOU TO DECIDE WHETHER YOU MOVE INTO THE newly designed and SPACIOUS TWO BED one bath house or the completely remodeled studio that is detached and has its own yard! If you're looking for the ideal property, this is it. Both units have new kitchens, new baths, new flooring, new paint, new roofs, new Split System heat and air conditioning in each room, new windows, and new appliances. Studio is all electric and separately metered. The two bedroom unit has gas and electric with separate meters, and a covered carport. Step onto the back patio to enjoy the fire pits (one for each unit) and mature fruit trees. This location is super quiet and walking distance to Casino, stores and restaurants. Whether you’re looking for a place to call home, or you want to add an amazing property to your investment portfolio, this is the place.

Last Agent to Sell the Property

Mark McMahon

Real Broker License #01789434 Listed on: 10/12/2023

Real Broker

Last Buyer's Agent

Anna Sadowska

Crissanna Luxury Real Estate License #01701469

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 5,663 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Private Yard

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Vinyl Flooring

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Carport Space
  • On-Street Parking

Location

  • Suburban Location

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 215
  • Tax Tract Number 450
  • Assessor Parcel Number 687241033
  • $1,974 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Cathedral City Cove Subdivision

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Net Operating Income $30,021

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Cathedral City Cove (33611)
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 687241033
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 416.36
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking Features: Carport, Street
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Gas Cooktop
  • Heating Type: Ductless
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Yard
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 40800.00
  • Lot Size Area: 5663.0000 Square Feet
  • Net Operating Income: 30021.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 10799.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 450.00
  • Tax Lot: 215
  • Tax Tract Number: 450
  • TaxOtherAnnualAssessmentAmount: 1974.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Mar 8, 2024
Sold by
Garcia Christopher Joel
Bought by
Sagc Llc
Seller's Agent
Mark McMahon
Real Broker
Buyer's Agent
Anna Sadowska
Crissanna Luxury Real Estate
List Price
$489,000
Sold Price
$458,000
Premium/Discount to List
-$31,000
-6.34%
Views
286
Current Estimated Value
$460,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,492
Avg. Annual Appreciation
0.29%

Purchase Details

Closed on
Aug 8, 2023
Sold by
Myhbp Llc
Bought by
Garcia Christopher Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,500
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2022
Sold by
Lilia Iniguez Anna
Bought by
Myhbp Llc

Purchase Details

Closed on
Mar 20, 1999
Sold by
Dougherty John Frank
Bought by
Iniquiz Anna Lilia

Purchase Details

Closed on
Dec 13, 1998
Sold by
Dougherty Marcela F
Bought by
Dougherty John Frank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sagc Llc -- None Listed On Document
Garcia Christopher Joel $458,000 None Listed On Document
Myhbp Llc $230,000 None Listed On Document
Iniguez Anna Lilia -- None Listed On Document
Iniquiz Anna Lilia -- --
Dougherty John Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Christopher Joel $251,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $458,000 -6.3% $416 / Sq Ft
01/20/2024 01/20/24 Pending -- -- --
10/12/2023 10/12/23 For Sale $489,000 -- $445 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,378 $467,160 $163,200 $303,960
2023 $5,378 $230,000 $92,001 $137,999
2022 $2,642 $51,788 $17,676 $34,112
2021 $2,607 $50,774 $17,330 $33,444
2020 $2,545 $50,255 $17,153 $33,102
2019 $2,515 $49,270 $16,817 $32,453
2018 $2,480 $48,305 $16,488 $31,817
2017 $2,454 $47,359 $16,165 $31,194
2016 $2,426 $46,432 $15,849 $30,583
2015 $2,397 $45,737 $15,612 $30,125
2014 $2,495 $44,843 $15,307 $29,536
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23190598

California Regional Multiple Listing Service (CRMLS)

APN: 687-241-033