NOT LISTED FOR SALE

68954 Olancha Rd Cathedral City, CA 92234

Whitewater Neighborhood

Estimated Value: $181,790

0.44 Acre
$413,168 Price per Acre
19,166 Sq Ft Lot

Last Sold September 28, 2016

Last sale price $94,000

Est. 93% increase in value since last sale

Current estimated payment $1,134/month

88 Days on Market

Highlights

  • 19,166 Sq Ft lot
  • No HOA
  • 1-minute walk to Patriot Park
  • Property is near public transit
  • Views

About This Lot

As of September 2016

"Planned community commercial" is the Hot ticket in Zoning right now! Zoned Commercial PCC. This attractive lot can offer a plethora in Zoning Multi Plex's is also a possibility. Cathedral City is an established community with lots of improvements and expansions in current operation, this site is nearly turn key. Save time, Save money, Build, Hold, Trade! Land is LIMITLESS in Options! Owner says lets make a deal! Submit.

Last Agent to Sell the Property

Maria Barrantes Adair

MPA Exchange, Inc License #01907060 Listed on: 06/16/2016

Last Buyer's Agent

Raquel Davalos

RE/MAX Consultants License #01213031

RE/MAX Consultants

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,099

Lot Details

  • 0.44 Acre Lot
  • Property is zoned PCC

Location

  • Property is near public transit
  • Urban Location
  • Suburban Location

Additional Features

  • Property Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 680481020

Property Details

Property Type

Land

Est. Annual Taxes

$2,099

Lot Details

0

Listing Details

  • Current Use Comments: Vacant
  • Improvements: There used to be a house on site years ago. There was water, gas and electric. Owner says they are still there and that they are capped.
  • Possible Use Comments: Multi Family, SFR, Commercial ( Permits always required) speak to Robert Rodriguez in Cathedral City.
  • View: Yes
  • Zoning: PCC
  • Property Type: Land
  • Parcel Number: 680481020
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 4.90

Utilities

  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 19166.00
  • Price Per Lot Square Foot: 5.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2017
Sold by
Gomez Armando Salazar and Salazar Armando
Bought by
Gomez Armando Salazar and Salazar Trust
Current Estimated Value
$181,790

Purchase Details

Listed on
Jun 16, 2016
Closed on
Sep 14, 2016
Sold by
Waldrep Adin
Bought by
Waldrep Sheena Marina
Seller's Agent
Maria Barrantes Adair
MPA Exchange, Inc
Buyer's Agent
Raquel Davalos
RE/MAX Consultants
List Price
$98,000
Sold Price
$94,000
Premium/Discount to List
-$4,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%

Purchase Details

Listed on
Jun 16, 2016
Closed on
Sep 12, 2016
Sold by
Waldrep Sheena Marina
Bought by
Salazar Armando
Seller's Agent
Maria Barrantes Adair
MPA Exchange, Inc
Buyer's Agent
Raquel Davalos
RE/MAX Consultants
List Price
$98,000
Sold Price
$94,000
Premium/Discount to List
-$4,000
-4.08%

Purchase Details

Closed on
Aug 17, 2013
Sold by
Waldrep Adin
Bought by
Waldrep Sheena Marina

Purchase Details

Closed on
Apr 30, 2010
Sold by
Guemiksizian Elizabeth Lisa
Bought by
Waldrep Adin

Purchase Details

Closed on
Jun 5, 2006
Sold by
Sadoian Arpenik
Bought by
Guemiksizian Elizabeth Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
7.15%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 29, 2005
Sold by
Ruiz Vivian
Bought by
Ruiz Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,250
Interest Rate
7.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 26, 2005
Sold by
Ruiz Daniel
Bought by
Guemiksizian Elizabeth Lisa and Sadoian Arpenik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,250
Interest Rate
7.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 31, 2003
Sold by
Ruiz Daniel
Bought by
Ruiz Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,700
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Gomez Armando Salazar -- None Available
Waldrep Sheena Marina -- First American Title Company
Salazar Armando $94,000 First American Title Company
Waldrep Sheena Marina -- Accommodation
Waldrep Adin $28,000 Fidelity National Title Co
Guemiksizian Elizabeth Lisa -- Landamerica Commonwealth Lan
Ruiz Daniel -- Stewart Title Of Ca Inc
Guemiksizian Elizabeth Lisa $290,000 Stewart Title Of Ca Inc
Ruiz Daniel -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guemiksizian Elizabeth Lisa $199,500
Previous Owner Guemiksizian Elizabeth Lisa $225,250
Previous Owner Ruiz Daniel $51,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2016 09/28/16 Sold $94,000 -4.1% --
09/12/2016 09/12/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $98,000 -- --
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 $2,099 $109,092 $109,092 --
2023 $2,099 $104,856 $104,856 $0
2022 $1,976 $102,800 $102,800 $0
2021 $1,895 $100,785 $100,785 $0
2020 $1,803 $99,752 $99,752 $0
2019 $1,762 $97,797 $97,797 $0
2018 $1,715 $95,880 $95,880 $0
2017 $1,684 $94,000 $94,000 $0
2016 $877 $30,527 $30,527 $0
2015 $856 $30,069 $30,069 $0
2014 $849 $29,481 $29,481 $0
Source: Public Records

Agents Affiliated with this Home

  • Maria Barrantes Adair

    Seller's Agent in 2016

    Maria Barrantes Adair

    MPA Exchange, Inc

    (760) 409-1884

    9 Total Sales

    Maria Barrantes Adair
    Section Image

  • R

    Buyer's Agent in 2016

    Raquel Davalos

    RE/MAX

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV16131229

California Regional Multiple Listing Service (CRMLS)

APN: 680-481-020

California Riverside County Cathedral City 92234 Whitewater

68954 Olancha Rd, Cathedral City, CA

Not Listed for Sale

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