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36405 Bankside Drive

36405 Bankside Drive, Cathedral City, CA 92234
Local assessors in Cathedral City, CA have categorized 36405 Bankside Drive as a industrial type of property. The home was built in 1987 and is 37 years old. It was most recently renovated and altered in 1988. The property's lot size has been calculated to be 21,344 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 36405 Bankside Drive is a 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 36405 Bankside Drive was last sold in Nov 30, 2021 for $1,646,000. According to our calculations, that's $155.66 per sqft. Prior to that sales transaction, the property was sold for $2,200,000 in Dec 5, 2016. Current property owners are expected to pay $49,955 in taxes per year. The property on 36405 Bankside Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,774,000. To break that down further, the land itself was valued at $816,000. While improvements to the property were assessed at a total of $2,958,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: D
  • Construction Type: Masonry
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,344
  • Total Building Area: 10,574
  • Gross Building Area: 10,574
  • Building Area: 10,574
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Industrial
  • Subdivision: TRACT 6066
  • Land Acres: 0.49
  • Standard Land Use Code: Light industrial
  • Legal Description 1: LOT 6 MB 103/004 TR 6066

Ownership

  • Current Owner : LAKOTA PROPERTIES LLC
  • Previous Owner : LAKOTA PROPERTIES LLC
  • Owner Before Previous Owner: BH BANKSIDE BUSINESS PARK LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 045000

Zoning

  • Zoning: CBP-2

Geography

  • Subdivision Tract Number: 6066
  • Parcel: 687-311-009
  • Lot: 6
  • Municipality: CATHEDRAL CITY
  • Latitude: 33.7839
  • Longitude: -116.469

    Address

  • Full Address: 36405 Bankside Dr
  • Address - House Number: 36405
  • Address - Street Name: Bankside
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Cathedral City
  • Carrier Code: C051
  • 4-Digit Zip Code: 7601
  • Zip Code: 92234

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $49,955
  • Tax Rate Code Area: 019-039

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,400,000
  • First Open Lien Mortgage Lender: T G GOLD PROPERTIES LLC
  • First Open Lien Mortgage Recording Date: Dec 01, 2021
  • First Open Lien Mortgage Loan Amount: $1,050,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: T G GOLD PROPERTIES LLC
  • Second Open Lien Mortgage Recording Date: Dec 29, 2023
  • Second Open Lien Mortgage Loan Amount: $350,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,774,000
  • Assessed Land Value: $816,000
  • Assessed Improvements Value: $2,958,000

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Transaction ID: 11872762973
  • Current Sale Price: $1,646,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0711428
  • Previous Sale Recording Date: Dec 13, 2016
  • Previous Sale Contract Date: Dec 05, 2016
  • Previous Sale Amount: $2,200,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: T G GOLD PROPERTIES LLC
  • First Mortgage Transaction Date: Dec 01, 2021
  • First Mortgage Loan Amount: $1,050,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: STEVE AGUILAR ETUX
  • Previous Mortgage Transaction Date: Dec 13, 2016
  • Previous Mortgage Loan Amount: $722,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Downtown Cathedral City



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Nearby Rentals

Unit for rent at 5300 E Waverly Drive, Palm Springs, CA, 92264

$1,475 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
5300 E Waverly Drive, Palm Springs, CA, 92264 Listing by Penny Hildebrand

Frequently Asked Questions

What neighborhood is 36405 Bankside Drive located in?
The 36405 Bankside Drive is a located in the neighborhood of Downtown Cathedral City in Downtown Cathedral City, Cathedral City.
What is the average sales price for listings in 36405 Bankside Drive?
The average sales price for units in 36405 Bankside Drive is $0 currently.

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