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Cathedral City 92234
68148 Madrid Road
$639,000
● House - Off Market

68148 Madrid Road

Cathedral City, CA 92234
bedrooms
6 Beds
bathrooms
3 Baths
square feet
2,825 Ft²
$3,285
Est. Monthly
$49
HOA / Fees
14.11%
Cap Rate

About This Property

This hidden gem sits in the beautiful neighborhood of La Pasada.  A true find if you want something newer within a easy drive of Palm Springs.  Do not miss out on this beautiful spacious home filled with natural light, high ceilings, a outside fireplace with a yard full of edible fruit for your own private garden looking to the mountain vistas beyond.  The master suite has a spacious master bath with jet tub and walk in shower, as well as a large double vanity.    This quiet location close to amenities is a rare find.  The builder said the original floorplan could hold up to 7 bedrooms, if you have a large family and are looking for space in a very well maintained neighborhood, this is it,.  Acid etched concrete floors, custom cabinets, granite tile counters, double ovens in this gourmet kitchen, in door laundry room.  The current owners are using the property as a 3 bedroom, with a large master suite w/ retreat, 2 bedrooms on the opposite side of the house with a private area for entertainment or could easily be converted to a granny suite.  Dining room was also originally set up as a dining room or can be converted to a bedroom and third bay of garage can also be converted to a bedroom space.  This home can be enjoyed as it is or it can be customized to fit your families needs giving them the space to spread out.  The home has also been priced aggressively by the owners who are ready to have it go to its new owners.
Unit Size
2,825 Ft²
Days on Market
35 days
Land Size
0.20 acres
Price per sqft
$233
Property Type
House
Property Taxes
-
HOA Dues
$49
Year Built
2005

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Last updated: 2 years ago (CRMLS #219106444DA)

Price History

Date / Event Date Event Price
Mar 11, 2024 Sold
Sold
Feb 6, 2024 No longer available -
No longer available
Feb 5, 2024 Listed by RE/MAX Desert Properties $659,000
Listed by RE/MAX Desert Properties
This hidden gem sits in the beautiful neighborhood of La Pasada. A true find if you want something newer within a easy drive of Palm Springs. Do not miss out on this beautiful spacious home filled with natural light, high ceilings, a outside fireplace with a yard full of edible fruit for your own private garden looking to the mountain vistas beyond. The master suite has a spacious master bath with jet tub and walk in shower, as well as a large double vanity. This quiet location close to amenities is a rare find. The builder said the original floorplan could hold up to 7 bedrooms, if you have a large family and are looking for space in a very well maintained neighborhood, this is it,. Acid etched concrete floors, custom cabinets, granite tile counters, double ovens in this gourmet kitchen, in door laundry room. The current owners are using the property as a 3 bedroom, with a large master suite w/ retreat, 2 bedrooms on the opposite side of the house with a private area for entertainment or could easily be converted to a granny suite. Dining room was also originally set up as a dining room or can be converted to a bedroom and third bay of garage can also be converted to a bedroom space. This home can be enjoyed as it is or it can be customized to fit your families needs giving them the space to spread out. The home has also been priced aggressively by the owners who are ready to have it go to its new owners.
Jan 17, 2024 Price Decreased $660,000
↓ $40K (5.7%)
Price Decreased
Dec 23, 2023 Listed by I Heart Real Estate, Inc. $700,000
Listed by I Heart Real Estate, Inc.
Welcome to your dream home in the most desirable area of Cathedral City, La Pasada. This immaculate move-in ready home has a well keep secret over the others in the neighborhood. If you are looking for an expansive home touting a unique and flexible floor plan that can easily accommodate at least 5 bedrooms, than this is the home for you! Situated for total privacy with captivating mountain views and no neighbors behind, this property offers a serene oasis just minutes to downtown Palm Springs and conveniently located with easy access to shopping, dining, freeway, and the Coachella Valley, this home is perfectly positioned for both relaxation and convenience. The polished concrete offers endless possibilities, call me to find what those are. The owner's suite, nestled in the tranquil west wing, features a spa bathroom with direct access to the rear yard adorned with abundant fruit trees. A spacious walk-in closet and a versatile gym/office/bonus area complete this luxurious retreat. This home can easily allow for both owners to work from home due to the layout's privacy and extra living spaces. On the east wing, discover two bedrooms with an attached area that could serve as a bonus room, kid's retreat, or a parent's three-room suite. Enjoy the 10ft high ceiling and warmth of fireplaces in both the great room and the rear covered patio, perfect for cozy evenings. Home also offers a complete built-in home office area, formal dining, and a charming courtyard entry. The manager has listed the unit size as 2825 square feet.
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Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 473
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 3,695
  • Gross Building Area: 3,695
  • Building Area: 2,825
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,825
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 354M33-37
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: .20 ACRES NET IN LOT 9 MB 354/033 TR 27097

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 044904

Geography

  • Subdivision Tract Number: 27097
  • Parcel: 675-473-009
  • Lot: 9
  • Municipality: CATHEDRAL CITY
  • Latitude: 33.8483
  • Longitude: -116.473

    Address

  • Full Address: 68148 Madrid Rd
  • Address - House Number: 68148
  • Address - Street Name: Madrid
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Cathedral City
  • Carrier Code: C072
  • 4-Digit Zip Code: 4832
  • Zip Code: 92234

Valuation

    Tax

  • Total Area: 2,825
  • Tax Year: 2023
  • Tax Amount: $835,044
  • Tax Rate Code Area: 019-061

    Appraisal Valuation

  • Standard Deviation: 0.0765
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 647,925
  • High Value: 697,544
  • Low Value: 598,306

    Market Valuation

  • Market Total Value: $623,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $591,060
  • Assessed Land Value: $147,759
  • Assessed Improvements Value: $443,301

    Sales

  • Current Sale Contract Date: Feb 22, 2024
  • Current Sale Recording Date: Mar 11, 2024
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 66284
  • Previous Sale Recording Date: Aug 24, 2005
  • Previous Sale Contract Date: Jul 07, 2005
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cathedral City


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2 Iridium Way, RANCHO MIRAGE, CA, 92270

$8,000 /mo

  • 4 Beds
  • 3 Baths
  • 2,583 ft²
2 Iridium Way, RANCHO MIRAGE, CA, 92270 Listing by Anthony Bauer


Frequently Asked Questions

When was property at 68148 Madrid Road built and last sold?
The property at 68148 Madrid Road was built in 2005 and last sold on Feb 22, 2024 for $639,000.
How much is this home worth?
The estimated value of the home located at 68148 Madrid Road is $665,325.
What are some comparable homes to 68148 Madrid Road?
There are currently no comparable homes to 68148 Madrid Road.