tomo logo

$615,000

Beds
3
Baths
2.0
sq ft
2,119

68345 Risueno Rd, Cathedral City, CA 92234

68345 Risueno Rd

Cathedral City, CA 92234

  • 18 days on market
Live at your own resort and work from home. Move out of the big city to the Desert where your Dollar buys you more house for the money.. This light and open floor plan is over 2100 ft.² 3 bedroom 2 bath with living and family room large open kitchen has been renovated with custom countertops and lots of cabinets, central Vac. and automatic black out shutters washer and dryer included The resort style backyard, offers outside living and entertaining from the covered patio to the resort style pool & spa. Enjoy spectacular views while you wine and dine outside. See list of amenities

Details

Property type

Single Family Residence

Est. home value

$638,984

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$291

Year built

1989

Price History

06/18/2024
DesertArea

DesertArea #219113095

Listed
$615,000
-2.23%
06/17/2024
DesertArea

DesertArea #219110665

Removed
$629,000
05/29/2024
DesertArea

DesertArea #219110665

Listed
$629,000

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

$77,876
Asking price
$615,000
Closing costs (~8% of asking)
-$49,200
Est. remaining loan balance
-$487,924
Cash to seller
$77,876

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

June 2023

Original loan amount

$493,600

Est. remaining balance

$487,924

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

Thomas E Menendez and Claudio M Yerahian

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: 07/05/2024 at 8:40 PM

Listing updated: 06/21/2024 at 10:53 AM

Listed by: Jeff Litton, HomeSmart Phone #: (760) 322-5333

MLS: DesertArea #219113095

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