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37255 Palo Verde Drive

37255 Palo Verde Drive, Cathedral City, CA 92234
Property in Sunair
Sold Apr 10, 2015
$219,000
$197,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2045
Sold Apr 23, 2012
$135,000
$87,750 by Hoffman Living Trust
Mortgage Due May 01, 2017
37255 Palo Verde Drive in Cathedral City, CA was first built in 1951 and is 73 years old. Although, the building on the property was most recently renovated and altered in 1978. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 3 partial bathrooms. 37255 Palo Verde Drive has 1,904 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,841 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of gravel/rock. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a carport. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 37255 Palo Verde Drive sold most recently in Mar 4, 2015 for a total of $219,000. If you work out the math, that's approximately a cost of $68.31 per sqft. Before that, the property was also sold for $135,000 in Mar 9, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,665 in taxes each year. The initial year of tax delinquency occurred in 2020. 37255 Palo Verde Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $290,570. If we break it down further, the land itself was valued at $63,537. Improvements to the property, however, were assessed at a total of $227,033. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 3,206
  • Gross Building Area: 3,206
  • Building Area: 1,904
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,904
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SUNAIR TR NO 1
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 5 BLK I MB 022/067 SUNAIR TR NO 1

Ownership

  • Current Owner : WEIK ULRICH BRETT ALLEN
  • Current Owner 2: WYSS JENNIFER ANNA
  • Previous Owner : BERTHELSEN LOREN R
  • Previous Owner 2: LINDSAY ALEXANDER N
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 08, 2024

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 1
  • Parcel: 687-104-009
  • Block: I
  • Lot: 5
  • Municipality: CATHEDRAL CITY
  • Latitude: 33.7777
  • Longitude: -116.468

    Address

  • Full Address: 37255 Palo Verde Dr
  • Address - House Number: 37255
  • Address - Street Name: Palo Verde
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Cathedral City
  • Carrier Code: C040
  • 4-Digit Zip Code: 7715
  • Zip Code: 92234

Valuation

    Tax

  • Total Area: 2,000
  • Tax Year: 2023
  • Tax Amount: $5,665
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 019-005

    Appraisal Valuation

  • Standard Deviation: 0.0759
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 94
  • Final Value: 762,984
  • High Value: 820,948
  • Low Value: 705,021

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $197,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 10, 2015
  • First Open Lien Mortgage Loan Amount: $197,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2045

    Market Valuation

  • Market Total Value: $395,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $290,570
  • Assessed Land Value: $63,537
  • Assessed Improvements Value: $227,033

    Sales

  • Current Sale Contract Date: Mar 04, 2015
  • Current Sale Recording Date: Apr 10, 2015
  • Current Sale Transaction ID: 1034287615
  • Current Sale Price: $219,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2015-0145263
  • Previous Sale Recording Date: Apr 23, 2012
  • Previous Sale Contract Date: Mar 09, 2012
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 10, 2015
  • First Mortgage Loan Amount: $197,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: HOFFMAN LIVING TRUST
  • Previous Mortgage Transaction Date: Apr 23, 2012
  • Previous Mortgage Loan Amount: $87,750
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2017

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Frequently Asked Questions

What neighborhood is 37255 Palo Verde Drive located in?
The 37255 Palo Verde Drive is a located in the neighborhood of Sunair in Sunair, Cathedral City.
What is the average sales price for listings in 37255 Palo Verde Drive?
The average sales price for units in 37255 Palo Verde Drive is $0 currently.

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