67305 Medano Road, Cathedral City, California 92234, Cathedral City, 92234 - 4 bed, 2 bath

67305 Medano Road, Cathedral City, California 92234 home-pic-0
ACTIVE$610,000
67305 Medano Road, Cathedral City, California 92234
4Beds
2Baths
1,721Sqft
7,841Lot

Price Vs. Estimate

The estimated value ($554,504.385) is $55,495.615 (9%) lower than the list price ($610,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1721.
Top Cons:
Overpriced Relative to Market Estimate: The current listing price of $610,000 is significantly higher than the estimated property value of $540,847, potentially impacting buyer perception and financing.

Compared to the nearby listings

Price:$610.0K vs avg $550.0K (+$60,000)69%
Size:1,721 sqft vs avg 1,789 sqft46%
Price/sqft:$354 vs avg $30975%

More Insights

Built in 2004 (21 years old).
Condition: This property, built in 2004, is 20 years old and presents as move-in ready. The kitchen has been recently and extensively updated with modern quartz countertops, painted shaker-style cabinets, subway tile backsplash, and updated appliances, which is a significant positive. The main living areas and master bedroom feature well-maintained ceramic tile flooring, with laminate in other bedrooms. While the master bathroom is functional and clean, its vanity, countertop, and light fixtures appear original to the 2004 build, showing signs of being outdated compared to the modern kitchen. Overall, the home is well-maintained with key updates, but the bathrooms prevent it from reaching an 'Excellent' rating.
Year Built
2004
Close
-
List price
$610K
Original List price
$605K
Price/Sqft
$354
HOA
-
Days on market
-
Sold On
-
MLS number
219136701DA
Home ConditionGood
Features
Good View:
Patio
View-

About this home

Welcome to Rio Vista Community!This inviting single-family home built in 2004, offers 4 spacious bedrooms and 2 bathrooms 1,721 sq ft. The property boasts a generous 7,840 sq ft lot, providing ample outdoor space for relaxation and entertainment. Great open floor plan-The seamless flow between the living, dining, and kitchen areas creates an ideal environment for both daily living and entertaining. The Modern Kitchen has been update with with quartz counters. It is equipped with updated appliances, ample counter space, and storage, perfect for culinary enthusiasts. The Master Suite is a private retreat featuring an en-suite bathroom and generous closet space. The expansive backyard is ready for the family gatherings to be enjoyed! This property presents an excellent opportunity for both first-time homebuyers and those looking to upgrade to a more spacious residence.Schedule a viewing today and envision your new beginning in this charming home!

Nearby schools

6/10
Rio Vista Elementary School
Public,K-50.4mi
5/10
James Workman Middle School
Public,6-82.9mi
4/10
Desert Learning Academy
Public,K-123.0mi
6/10
Cathedral City High School
Public,9-123.9mi
Condition Rating
Good

This property, built in 2004, is 20 years old and presents as move-in ready. The kitchen has been recently and extensively updated with modern quartz countertops, painted shaker-style cabinets, subway tile backsplash, and updated appliances, which is a significant positive. The main living areas and master bedroom feature well-maintained ceramic tile flooring, with laminate in other bedrooms. While the master bathroom is functional and clean, its vanity, countertop, and light fixtures appear original to the 2004 build, showing signs of being outdated compared to the modern kitchen. Overall, the home is well-maintained with key updates, but the bathrooms prevent it from reaching an 'Excellent' rating.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1721.
Modern Construction & Updates: Built in 2004, this home features a modern updated kitchen with quartz counters and updated appliances, offering contemporary living and reduced immediate renovation needs.
Spacious & Open Floor Plan: The property boasts 4 spacious bedrooms, 2 bathrooms, and a great open floor plan that seamlessly connects living, dining, and kitchen areas, ideal for family life and entertaining.
Generous Lot Size & Outdoor Space: With a generous 7,840 sq ft lot, the property provides ample outdoor space and an expansive backyard, perfect for relaxation, entertainment, and potential future enhancements.
Family-Friendly Community & Schools: Located in the Rio Vista Community, the home benefits from proximity to Rio Vista Elementary School (rated 6) just 0.44 miles away, making it highly attractive for families.
Broad Buyer Appeal: The property is positioned as an excellent opportunity for both first-time homebuyers and those looking to upgrade, indicating a wide market appeal.

Cons

Overpriced Relative to Market Estimate: The current listing price of $610,000 is significantly higher than the estimated property value of $540,847, potentially impacting buyer perception and financing.
Recent Price Increase: The listing price recently increased from $605,000 to $610,000, which, combined with being above the estimated value, could deter potential buyers.
Generic Backyard/Outdoor Space: While described as expansive, the backyard lacks specific features or landscaping details, suggesting it may be a blank canvas requiring significant investment to fully utilize its potential.

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