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$650,000

Beds
3
Baths
2.0
sq ft
2,062

31140 Avenida del Padre, Cathedral City, CA 92234

31140 Avenida del Padre

Cathedral City, CA 92234

  • 74 days on market
Contingent: Tenants in Place FEB - MARCH 2025. "Find your way home and enjoy all that Palm Springs has to offer with a rare Desert Oasis with a private pool overlooking 12 palm trees, pool and jacuzzi on iAquaLink. Whether relaxing in the great room or on the private patio surrounded by stunning greenery, you'll find yourself bathed in soft eastern light morning to afternoon, and shielded from harsh western heat in the evenings. There is plenty of room for everyone with three generously sized bedrooms and a living room that also functions as an office area. This is the quintessential Desert Oasis experience at its finest with a pool, jacuzzi at your luxury. Just 15 minutes from downtown Palm Springs and walking distance to hiking at the Cimarron Golf Course. Home features SOLAR and upgraded with NEST thermostats."

Details

Property type

Single Family Residence

Est. home value

$648,137

Lot size

7,841 sq ft

Price per sq ft

$316

Year built

2003

HOA

No

Price History

12/05/2024
CLAW

CLAW #24417875

Listed
$650,000
10/28/2024
CLAW

CLAW #24417875

Removed
$650,000
10/23/2024
CLAW

CLAW #24417875

Price change
$650,000
+5.18%

Schools & Community

Neighborhood: 

Panorama

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$192,609
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$405,391
Cash to seller
$192,609

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

February 2023

Original loan amount

$414,500

Est. remaining balance

$405,391

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Sung Hyun Um and Jewel Sung Joo Um

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 7:45 AM

Listing updated: 12/04/2024 at 7:55 PM

Listed by: Crystal Um, Coldwell Banker Realty Phone #: (714) 348-2350

MLS: CLAW #24417875

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