tomo logo

$699,999

Beds
5
Baths
4.0
sq ft
2,335

33455 Navajo Trl, Cathedral City, CA 92234

33455 Navajo Trl

Cathedral City, CA 92234

  • 81 days on market
Two on a lot. Rare and unique opportunity to live in one and rent the other. Each property has its own access. The main house with 1,252 sq. ft. was built in 1971. It consists of 3 Bedrooms, 2 bathrooms and an attached two car garage. On the opposite side of the large backyard stands 1,082 Sq. ft. living space; built in 2012. It has high ceilings, very airy and light with its own one car garage and consists of 2 bedrooms (second bedroom is an office conversion) and 2 bathrooms. The master bedroom has a separate entrance for extra privacy or roommates. In addition, it has RV access. The back house is currently rented for $2,000, however the market value for the back house is at least $2,300. The main house is month to month and it is rented for super low $2,400 a month. However, since there is no rent control for a single family residence it can be raised to current market rent of $2,850 or the new owner may choose to move in after giving the tenant appropriate notice. New solar was installed a year ago and is fully paid for. Both units have been very well maintained. Make it yours today and subsidize your retirement when the mortgage is paid off. Drive by only. Do not go on the property.

Details

Property type

Single Family Residence

Est. home value

$579,175

Lot size

7,841 sq ft

Price per sq ft

$300

Year built

1971

HOA

No

Price History

10/02/2024
CRMLS

CRMLS #SR24204636

Listed
$699,999
-5.28%
09/24/2024
CRMLS

CRMLS #SR24164419

Removed
$739,000
08/08/2024
CRMLS

CRMLS #SR24164419

Listed
$739,000
+39.43%

Schools & Community

Neighborhood: 

Whitewater

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

High school district: 

Palm Springs Unified

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

$273,405
Asking price
$699,999
Closing costs (~8% of asking)
-$56,000
Est. remaining loan balance
-$370,594
Cash to seller
$273,405

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

October 2021

Original loan amount

$397,500

Est. remaining balance

$370,594

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Tsovinar Melkonyan

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 8:40 AM

Listing updated: 12/05/2024 at 6:55 AM

Listed by: Nerses Ananyan, Titus Realty, Inc. Phone #: (818) 786-5511

MLS: CRMLS #SR24204636

CRMLS logo

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