tomo logo

$499,000

Beds
2
Baths
1.0
sq ft
1,056

37491 Palo Verde Dr, Cathedral City, CA 92234

37491 Palo Verde Dr

Cathedral City, CA 92234

  • 91 days on market
    • Price drop $16,000↓
Motivated Seller! NO HOA and you own the land! Welcome to this renovated mid century style home nestle in the sought-after Cathedral City Cove neighborhood featuring two bedrooms and one bath. The kitchen was tastefully renovated by the present owners by installing new quartz countertops and natural stone backsplash, new dishwasher, new cooktop, new kitchen sink, pull out trash, new kitchen flooring, and upgraded lights to LED's. Additional upgrades include a new tankless water heater, new washer and dryer, and in the laundry room new tile floors were installed. The roof was re-sealed. The spacious private backyard offers endless possibilities for a pool and ADU or both. The house is conveniently located, it's minutes away from Cathedral City's restaurants, shopping centers, Target, Trader Joe's, and the Agua Caliente Casino.

Details

Property type

Single Family Residence

Est. home value

$472,069

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$473

Year built

1957

Price History

10/31/2024
DesertArea

DesertArea #219115040

Price change
$499,000
-3.11%
09/28/2024
DesertArea

DesertArea #219115040

Price change
$515,000
-1.34%
08/06/2024
DesertArea

DesertArea #219115040

Listed
$522,000
+19.31%

Schools & Community

Neighborhood: 

Cathedral Canyon Cove

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

$108,270
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$350,810
Cash to seller
$108,270

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

Seller’s Loan History

Lender

Change Lending Llc

Loan start date

February 2022

Original loan amount

$371,875

Est. remaining balance

$350,810

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Ian Lecklitner and Artemis Thomas Hansard

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: 11/04/2024 at 8:20 PM

Listing updated: 11/03/2024 at 11:50 PM

Listed by: Ana Beatriz Cisneros, RE/MAX Desert Properties Phone #: (760) 203-1133

MLS: DesertArea #219115040

DesertArea logo

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