NOT LISTED FOR SALE

1388 S Farrell Dr Palm Springs, CA 92264

Los Compadres Neighborhood

Estimated Value: $959,000 - $1,243,000

3 Beds
2 Baths
1,560 Sq Ft
$667/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $1,200,000 $769 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $6,894/month

102 Days on Market

Highlights

  • In Ground Pool
  • Main Floor Bedroom
  • No HOA
  • Palm Springs High School Rated A-
  • Private Yard
  • Neighborhood Views

About This Home

As of August 2023

Stunning SINGLE STORY HOME with POOL! The home has a beautiful interior, with 3 bedrooms, 2 baths, an updated kitchen, and an attached 2-car garage. It also features a master suite with doors leading to a covered backyard patio and a gorgeous pool! Located just minutes away from major shopping centers and the 111 FWY!

Last Agent to Sell the Property

CESAR GOMEZ

ALIGN HOMES License #01876957 Listed on: 05/11/2023

Co-Listed By

Sahar Moghadam

ALIGN HOMES License #01929595

Last Buyer's Agent

Sahar Moghadam

ALIGN HOMES License #01929595

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,860

Year Built

  • Built in 1964

Lot Details

  • 10,454 Sq Ft Lot
  • Landscaped
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned R1C

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Cahuilla Elementary School
  • Raymond Cree Middle School
  • Palm Springs High School

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Los Compadres Subdivision

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 2777
  • Assessor Parcel Number 502333007

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,860

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: El Dorado Palm Springs (33447)
  • View: Yes
  • Zoning: R1C
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 502333007
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1560.00 Square Feet
  • Stories: 1
  • Entry Location: front door
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 769.23
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Features: Private, Gunite, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Palm Springs Unified
  • Elementary School: Cahuilla
  • Middle School: Raymond Cree
  • High School: Palm Springs
  • Elementary School: Cahuilla
  • High School: Palm Springs
  • Middle Or Junior School: Raymond Cree
  • Elementary School #2: CAHUIL
  • High School2: PALSPR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Lot 10000-19999 Sqft, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 10454.00
  • Lot Size Acres: 0.2400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10454.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 9407.00
  • Tax Lot: 39
  • Tax Tract Number: 2777

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2024
Sold by
Farraji Hamoudi
Bought by
Munguia Miguel Angel Jr Rom
Current Estimated Value
$1,040,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,445,000
Outstanding Balance
$1,426,060
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$386,050

Purchase Details

Closed on
Jun 21, 2023
Sold by
Reeland Investments
Bought by
Hamoudi Farraji

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2022
Closed on
Nov 28, 2022
Sold by
Stockpile Property Ventures Llc
Bought by
Reeland Investments
Seller's Agent
Tom Harness
RE/MAX HORIZON
Buyer's Agent
ERIC WEST
ERIC WEST, BROKER
List Price
$899,000
Sold Price
$756,000
Premium/Discount to List
-$143,000
-15.91%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.34%
Original Mortgage
$824,900
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2022
Closed on
Nov 15, 2022
Sold by
Michael J Mcardle Revocable Trust
Bought by
Stockpile Property Ventures Llc
Seller's Agent
Tom Harness
RE/MAX HORIZON
Buyer's Agent
ERIC WEST
ERIC WEST, BROKER
List Price
$899,000
Sold Price
$756,000
Premium/Discount to List
-$143,000
-15.91%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,900
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2017
Sold by
Mcardle Michael J
Bought by
Mcardle Michael J and The Michael J Mcardle Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Munguia Miguel Angel Jr Rom $1,700,000 Socal Title Company
Hamoudi Farraji $1,200,000 Pacific Coast Title
Reeland Investments $780,000 Lawyers Title
Stockpile Property Ventures Llc $760,000 Usa National Title
Mcardle Michael J -- None Available
Mcardle Michael J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munguia Miguel Angel Jr Rom $1,445,000
Previous Owner Hamoudi Farraji $1,020,000
Previous Owner Reeland Investments $824,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold $1,200,000 +9.6% $769 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $1,095,000 +44.8% $702 / Sq Ft
12/06/2022 12/06/22 Sold $756,000 -15.9% $485 / Sq Ft
12/03/2022 12/03/22 Price Changed $899,000 0.0% $576 / Sq Ft
12/03/2022 12/03/22 For Sale $899,000 -5.3% $576 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
11/08/2022 11/08/22 Price Changed $949,000 -5.0% $608 / Sq Ft
10/31/2022 10/31/22 Price Changed $999,000 -4.8% $640 / Sq Ft
10/25/2022 10/25/22 For Sale $1,049,000 -- $672 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,860 $1,224,000 $367,200 $856,800
2023 $14,860 $780,000 $300,000 $480,000
2022 $2,563 $184,748 $94,499 $90,249
2021 $2,513 $181,127 $92,647 $88,480
2020 $2,409 $179,271 $91,698 $87,573
2019 $2,368 $175,756 $89,900 $85,856
2018 $2,325 $172,311 $88,138 $84,173
2017 $4,772 $367,200 $127,500 $239,700
2016 $2,227 $165,621 $84,716 $80,905
2015 $2,125 $163,136 $83,445 $79,691
2014 $2,084 $159,942 $81,811 $78,131
Source: Public Records

Agents Affiliated with this Home

  • CESAR GOMEZ

    Seller's Agent in 2023

    CESAR GOMEZ

    ALIGN HOMES

    (909) 921-1012

    3 in this area

    573 Total Sales

    CESAR GOMEZ
    Section Image

  • S

    Seller Co-Listing Agent in 2023

    Sahar Moghadam

    ALIGN HOMES

    (909) 229-9464

    3 in this area

    522 Total Sales

    Sahar Moghadam
    Section Image
  • Tom Harness

    Seller's Agent in 2022

    Tom Harness

    RE/MAX

    (951) 776-7500

    1 in this area

    63 Total Sales

    Tom Harness
    Section Image
  • ERIC WEST

    Buyer's Agent in 2022

    ERIC WEST

    ERIC WEST, BROKER

    (310) 927-4019

    1 in this area

    46 Total Sales

    ERIC WEST
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23078909

California Regional Multiple Listing Service (CRMLS)

APN: 502-333-007

California Riverside County Palm Springs 92264 Los Compadres

1388 S Farrell Dr, Palm Springs, CA

This home is located at 1388 S Farrell Dr, Palm Springs, CA 92264 since 11 May 2023 and is currently estimated at $1,040,010, approximately $666 per square foot. This property was built in 1964. 1388 S Farrell Dr is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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