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68875 Hermosillo Road

68875 Hermosillo Road, Cathedral City, CA 92234
Sold Jun 26, 2019
$325,000
$374,000 by Ocmbc, Inc.
Mortgage Due Sep 01, 2053
Sold Feb 29, 1996
$81,000
$80,959 by C L O S Inc
Mortgage Due Mar 01, 2026
Local assessors in Cathedral City, CA have categorized 68875 Hermosillo Road as a residential type of property. The home was built in 1988 and is 36 years old. It was most recently renovated and altered in 1989. The property's lot size has been calculated to be 8,276 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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. If we look only at the heated or air conditioned part of the building, then 68875 Hermosillo Road has a total of 1,302 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. The home sources its water from a water system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 462 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 wood control joints. The building has a roof that is made of tile. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 68875 Hermosillo Road sold most recently in Jun 6, 2019 for a total of $325,000. If you work out the math, that's approximately a cost of $184.24 per sqft. Before that, the property was also sold for $81,000 in Feb 12, 1996. 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 $5,243 in taxes each year. The initial year of tax delinquency occurred in 2019. 68875 Hermosillo Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $348,462. If we break it down further, the land itself was valued at $42,886. Improvements to the property, however, were assessed at a total of $305,576. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1988
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,764
  • Gross Building Area: 1,764
  • Building Area: 1,302
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,302
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PALM SPRINGS PANORAMA 1
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 376 MB 038/083 PALM SPRINGS PANORAMA 1

Ownership

  • Current Owner : MOAD LARRY
  • Previous Owner : ROMERO IVAN
  • Previous Owner 2: CAZARES MARTHA
  • Owner Before Previous Owner: FIRST NATIONWIDE BANK FSB
  • Ownership Rights Codes: Sole Owner
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 08, 2024

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 044924

Zoning

  • Zoning: R1

Geography

  • Parcel: 675-342-007
  • Lot: 376
  • Municipality: CATHEDRAL CITY
  • Latitude: 33.8331
  • Longitude: -116.461

    Address

  • Full Address: 68875 Hermosillo Rd
  • Address - House Number: 68875
  • Address - Street Name: Hermosillo
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Cathedral City
  • Carrier Code: C052
  • 4-Digit Zip Code: 3848
  • Zip Code: 92234

Valuation

    Tax

  • Total Area: 1,302
  • Tax Year: 2023
  • Tax Amount: $5,243
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 019-167

    Appraisal Valuation

  • Standard Deviation: 0.1905
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 74
  • Final Value: 528,183
  • High Value: 628,818
  • Low Value: 427,547

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $374,000
  • First Open Lien Mortgage Lender: OCMBC, INC.
  • First Open Lien Mortgage Recording Date: Aug 16, 2023
  • First Open Lien Mortgage Loan Amount: $374,000
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $374,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $348,462
  • Assessed Land Value: $42,886
  • Assessed Improvements Value: $305,576

    Sales

  • Current Sale Contract Date: Jun 06, 2019
  • Current Sale Recording Date: Jun 26, 2019
  • Current Sale Transaction ID: 11617679028
  • Current Sale Price: $325,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-0232724
  • Previous Sale Recording Date: Feb 29, 1996
  • Previous Sale Contract Date: Feb 12, 1996
  • Previous Sale Amount: $81,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN EQUITY MORTGAGE
  • First Mortgage Transaction Date: Jun 26, 2019
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: C L O S INC
  • Previous Mortgage Transaction Date: Feb 29, 1996
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $80,959
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2026

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Frequently Asked Questions

What neighborhood is 68875 Hermosillo Road located in?
The 68875 Hermosillo Road is a located in the neighborhood of Palm Springs Panorama in Palm Springs Panorama, Cathedral City.
What is the average sales price for listings in 68875 Hermosillo Road?
The average sales price for units in 68875 Hermosillo Road is $0 currently.

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