68287 Madrid Rd Cathedral City, CA 92234

$525,000 Sold Price as of 05/19/2020

5 Beds
3 Baths
2,681 Sq.Ft.

Off Market

$525,000 Sold Price as of 05/19/2020 Refinance Your Mortgage

Map preview of 68287 Madrid Rd, Cathedral City, CA 92234

Property Overview: 68287 Madrid Rd Cathedral City, CA has 5 bedrooms, 3 bathrooms, 2,681 living square feet and 11,761 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

68287 Madrid Rd is currently an off market home in the city of Cathedral City. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Cathedral City has a median list price of $545,000. The median price per/sqft for Cathedral City is $312. With those numbers in mind, if you are looking to purchase a median priced home in Cathedral City, CA and put 20% down you will need to save up $109,000 for the down payment and will need roughly $10,900 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Cathedral City the commission could be as much as $25,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 68287 Madrid Rd

Last sold for $525,000 on May 19th, 2020

May, 2020
May 20, 2020

Date

Sold

CRMLS: 219041911PS

$525,000

Price
May 4, 2020

Date

Pending

CRMLS: 219041911PS

$519,000

Price
Apr 19, 2020

Date

Active Under Contract

CRMLS: 219041911PS

$519,000

Price
Apr 17, 2020

Date

Active

CRMLS: 219041911PS

$519,000

Price
Listing provided courtesy of CRMLS

Room for everyone! This bedroom 4 + casita option (see attached builder's floor plan) and 4 bath home is ready to move into. A split floor plan has master and one guest bedroom separated from two guest bedrooms (one as optional teen room) and attached casita with direct outdoor access. The expansive great room area and heart of the home consists of gourmet kitchen with GE Profile appliances, 5 burner gas cooktop, convection double oven, walk-in pantry, large sit up island/bar, family room with fireplace, dining area, and adjacent office/tech center. Formal dining room opens to front courtyard via double French doors for al fresco dining. The terrific back yard suited for entertaining includes covered patio w/fireplace, pool with spa waterfall, fire pit, and raised viewing area to enjoy the amazing mountain views and star gazing. Additional features include solar electric lease ($200/mo until June 2037) and three zoned HVAC, tandem 3 car garage, water softener, saline pool, 10' ceilings, recessed lighting, lighted ceiling fans...all on this oversized corner lot. Must see to appreciate all the details. All information deemed reliable. Buyer to verify.

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May, 2020
May 19, 2020

Date

Sold (Public Records)

Public Records

$525,000

Price
March, 2017
Mar 15, 2017

Date

Sold

CRMLS: 16179076PS

$425,000

Price
Mar 4, 2017

Date

Pending

CRMLS: 16179076PS

$449,900

Price
Feb 13, 2017

Date

Active Under Contract

CRMLS: 16179076PS

$449,900

Price
Dec 17, 2016

Date

Active

CRMLS: 16179076PS

$449,900

Price
Dec 8, 2016

Date

Active Under Contract

CRMLS: 16179076PS

$449,900

Price
Nov 11, 2016

Date

Active

CRMLS: 16179076PS

$449,900

Price
Listing provided courtesy of CRMLS

SPECTACULAR...newer home in desirable La Pasada neighborhood. This one has it all. 5 bedrooms 4 baths ( Casita is one of the beds and baths). Large open great room to Kitchen with stainless appliances, granite counters, cherry cabinets. Oversized formal dining room, office area, master bedroom with large walk-in closet. 3 car garage with evaporative cooler. Custom tile and plantation shutters t/o. The outdoor area is an entertainers paradise boasting gorgeous mountain views, pool/spa, fire pit, outdoor fireplace and outdoor shower. Situated on an oversized corner lot this home truly has everything your buyer could want. Similar homes in Palm Springs would be $200K more!

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March, 2017
Mar 15, 2017

Date

Sold (Public Records)

Public Records

$425,000

Price

Tax History for 68287 Madrid Rd

Assessed Value (2021): $451,012

Year	Land Value	Improved Value	Assessed Value
2021	$111,426	$339,586	$451,012

About 68287 Madrid Rd

Detailed summary of property

68287 Madrid Rd is a single family home in Cathedral City, CA 92234 and last sold on May 19, 2020 for $525,000. This house has 5 bedrooms, 3 bathrooms, roughly 2,681 living square feet, and sits on an approximately 11,761 square foot lot. Homes in Cathedral City are selling for a median price of $510,000 and a median price per square foot of $281. Based on Ardent Real Estate Group's Cathedral City Market Data, this home is sold 2.94% higher than the current median priced home. 68287 Madrid Rd was last sold on May 19, 2020 for $525,000. Local nearby listings include 7012 Newbury Ave, 5945 Mckinley Ave and 8736 Greenlawn St. The average home in Cathedral City, CA is selling in 105 days. There are currently 268 homes for sale in the Cathedral City real estate market and 197 of them are single family homes while 70 of them are condos and 1 are townhomes. If you are the homeowner and looking to sell the home at 68287 Madrid Rd Cathedral City, CA 92234 contact Ardent Real Estate Group and we will put you in touch with one of our Cathedral City agents.

Public Facts for 68287 Madrid Rd

Public county record property details

Beds: 5
Baths: 3
Year built: 2005
Sq. Ft.: 2,681
Lot Size: 11,761
Stories: 1

Type: Single Family Residential
Pool: Yes
Spa: No
County: Riverside
Lot#: 46
APN: 675-481-023

The source for these homes facts are from public records.

92234 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$545,000

Median List Price/Sq.Ft.

$310

Median Sold Price

$510,000

Median Sold Price/Sq.Ft.

$281

Total Inventory

266

Median Sale to List Price %

93.07%

Avg Days on Market

Loan Type

Conventional (24.39%), FHA (14.63%), VA (2.44%), Cash (26.83%), Other (9.76%)

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