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68581 Terrace Road

68581 Terrace Road, Cathedral City, CA 92234
Sold Jul 19, 2012
$164,500
$131,600 by Prospect Mortgage Llc
Mortgage Due Aug 01, 2042
Sold Jul 12, 2000
$139,500
$71,000 by Countrywide Home Loans Inc
Mortgage Due Aug 01, 2030
68581 Terrace Road in Cathedral City, CA was first built in 1963 and is 61 years old. This has been categorized as a residential property type. There are a total of 2 floors. 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 2 partial bathrooms. 68581 Terrace Road has 1,759 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 10,019 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. For those who need parking, there is a detached garage. The garage is 504 sqft. There are a total of 2 available parking spaces. 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. 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, 68581 Terrace Road was last sold in May 30, 2012 for $164,500. According to our calculations, that's $91.95 per sqft. Prior to that sales transaction, the property was sold for $139,500 in May 20, 2000. Current property owners are expected to pay $4,101 in taxes per year. The property on 68581 Terrace Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $194,692. To break that down further, the land itself was valued at $58,406. While improvements to the property were assessed at a total of $136,286. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Gravel/rock
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,789
  • Gross Building Area: 1,789
  • Building Area: 1,759
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,759
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 1 MB 043/036 TR 2294

Ownership

  • Current Owner : ELLENBERGER MARY ELIZABETH
  • Previous Owner : WEBER JANET MARIE
  • Owner Before Previous Owner: JONES PAUL F
  • Owner Before Previous Owner 2: JONES COLLEEN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 2294
  • Parcel: 686-241-013
  • Lot: 1
  • Municipality: CATHEDRAL CITY
  • Latitude: 33.7722
  • Longitude: -116.465

    Address

  • Full Address: 68581 Terrace Rd
  • Address - House Number: 68581
  • Address - Street Name: Terrace
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Cathedral City
  • Carrier Code: C041
  • 4-Digit Zip Code: 2049
  • Zip Code: 92234

Valuation

    Tax

  • Total Area: 1,759
  • Tax Year: 2023
  • Tax Amount: $4,101
  • Tax Rate Code Area: 019-022

    Appraisal Valuation

  • Standard Deviation: 0.1839
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 75
  • Final Value: 617,404
  • High Value: 731,003
  • Low Value: 503,805

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $131,600
  • First Open Lien Mortgage Lender: PROSPECT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 19, 2012
  • First Open Lien Mortgage Loan Amount: $131,600
  • 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: Aug 01, 2042

    Market Valuation

  • Market Total Value: $425,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $194,692
  • Assessed Land Value: $58,406
  • Assessed Improvements Value: $136,286

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 30, 2012
  • Current Sale Recording Date: Jul 19, 2012
  • Current Sale Transaction ID: 1043025226
  • Current Sale Price: $164,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2012-0336327
  • Previous Sale Recording Date: Jul 12, 2000
  • Previous Sale Contract Date: May 20, 2000
  • Previous Sale Amount: $139,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPECT MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 19, 2012
  • First Mortgage Loan Amount: $131,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Jul 12, 2000
  • Previous Mortgage Loan Amount: $71,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2030

About Homestead Estates



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Frequently Asked Questions

What neighborhood is 68581 Terrace Road located in?
The 68581 Terrace Road is a located in the neighborhood of Homestead Estates in Homestead Estates, Cathedral City.
What is the average sales price for listings in 68581 Terrace Road?
The average sales price for units in 68581 Terrace Road is $0 currently.

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