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68375 Espada Road

68375 Espada Road, Cathedral City, CA 92234
Property in Riverside
Sold Jul 28, 2016
$349,000
$215,000 by Franklin Loan Center
Mortgage Due Jun 01, 2050
Sold Feb 16, 2012
$215,000
$215,000 by Franklin Loan Center
Mortgage Due Mar 01, 2042
68375 Espada Road has been categorized by the local assessors in Cathedral City, CA as a residential type of property. The building on the property was first built in 2004 and is 20 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 68375 Espada Road has 2,232 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,276 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 696 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of tile. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Jul 5, 2016 for $349,000. That's $119.19 per sqft. Prior to that sales transaction, the property was also sold in Feb 7, 2012 for $215,000. 68375 Espada Road was last assessed in 2023. The total value of the property was assessed at $389,310. Specifically, the land the property is located on was valued at $97,325. While improvements on the property were assessed at a total of $291,985. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,674. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 696
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 2,928
  • Gross Building Area: 2,928
  • Building Area: 2,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,232
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PALM SPRINGS PANORAMA
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 341 MB 041/012 TR 2040

Ownership

  • Current Owner : SHEPARD ALEJANDRO
  • Current Owner 2: STERN DAVID
  • Previous Owner : MASON KURT C
  • Owner Before Previous Owner: SKYLINE VISTA EQUITIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 044923

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 2040
  • Parcel: 675-101-007
  • Lot: 341
  • Municipality: CATHEDRAL CITY
  • Latitude: 33.8408
  • Longitude: -116.468

    Address

  • Full Address: 68375 Espada Rd
  • Address - House Number: 68375
  • Address - Street Name: Espada
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Cathedral City
  • Carrier Code: C074
  • 4-Digit Zip Code: 5659
  • Zip Code: 92234

Valuation

    Tax

  • Total Area: 2,232
  • Tax Year: 2023
  • Tax Amount: $5,674
  • Tax Rate Code Area: 019-167

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 77
  • Final Value: 636,888
  • High Value: 746,564
  • Low Value: 527,213

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $215,000
  • First Open Lien Mortgage Lender: FRANKLIN LOAN CENTER
  • First Open Lien Mortgage Recording Date: May 12, 2020
  • First Open Lien Mortgage Loan Amount: $215,000
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $470,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $389,310
  • Assessed Land Value: $97,325
  • Assessed Improvements Value: $291,985

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 05, 2016
  • Current Sale Recording Date: Jul 28, 2016
  • Current Sale Transaction ID: 1669819319
  • Current Sale Price: $349,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016-0319371
  • Previous Sale Recording Date: Feb 16, 2012
  • Previous Sale Contract Date: Feb 07, 2012
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN LOAN CENTER
  • First Mortgage Transaction Date: Jul 28, 2016
  • First Mortgage Loan Amount: $207,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN LOAN CENTER
  • Previous Mortgage Transaction Date: Feb 16, 2012
  • Previous Mortgage Loan Amount: $215,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Mar 01, 2042

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Frequently Asked Questions

What neighborhood is 68375 Espada Road located in?
The 68375 Espada Road is a located in the neighborhood of Riverside in Cathedral City, Cathedral City.
What is the average sales price for listings in 68375 Espada Road?
The average sales price for units in 68375 Espada Road is $0 currently.

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