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$331,000

Beds
3
Baths
2.0
sq ft
1,046

31200 Landau Blvd Unit 408, Cathedral City, CA 92234

31200 Landau Blvd Unit 408

Cathedral City, CA 92234

  • 58 days on market
    • Price drop $4,000↓
This updated upstairs condo in the sought-after Cathedral Springs Community is ready for you to move right in! Rarely do 3-bedroom units like this come on the market, so don't miss your chance. Recent updates include a new furnace, freshly painted walls and cabinets, new toilet, new flooring, and modern window coverings. The open-concept living area is filled with natural light, creating a bright and welcoming space. The kitchen, right off the dining area, is ready for your personal touch. The master bedroom features its own en-suite bathroom for added privacy, while the two additional bedrooms are perfect for family, guests, or a home office. Step out onto the private balcony to enjoy your morning coffee or relax in the evening overlooking the tranquil community. The complex offers well-maintained grounds, a sparkling pool, and is conveniently located near shopping, dining, and local amenities. This is the perfect mix of comfort, style, and location!

Details

Property type

Condominium

Est. home value

$309,248

Lot size

Unknown

Price per sq ft

$317

Year built

1986

Monthly HOA fee

$486

Price History

02/03/2025
DesertArea

DesertArea #219121715

Price change
$331,000
-1.19%
01/26/2025
DesertArea

DesertArea #219121715

Price change
$335,000
-2.9%
12/27/2024
DesertArea

DesertArea #219121715

Listed
$345,000
+26.84%

Schools & Community

Neighborhood: 

Panorama

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

High school district: 

Palm Springs Unified

Number of units in community: 

248

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

$151,388
Asking price
$331,000
Closing costs (~8% of asking)
-$26,480
Est. remaining loan balance
-$153,132
Cash to seller
$151,388

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

Seller’s Loan History

Lender

Franklin Loan Center

Loan start date

August 2021

Original loan amount

$165,750

Est. remaining balance

$153,132

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Linda S Caldwell and The Linda S Calwell Family Trust

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?

Status: Active

Tomo last checked: 02/22/2025 at 9:20 PM

Listing updated: 02/03/2025 at 9:00 AM

Listed by: Errikka R Paiz, RE/MAX Desert Properties Phone #: (760) 203-1133

MLS: DesertArea #219121715

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