NOT LISTED FOR SALE

2555 N Farrell Dr Palm Springs, CA 92262

Desert Park Estates Neighborhood

Estimated Value: $702,000 - $977,000

3 Beds
5 Baths
2,819 Sq Ft
$300/Sq Ft Est. Value

About This Home

This home is located at 2555 N Farrell Dr, Palm Springs, CA 92262 and is currently estimated at $844,977, approximately $299 per square foot. 2555 N Farrell Dr is a home located in Riverside County with nearby schools including Vista Del Monte Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2016
Sold by
Formeloza Steve F
Bought by
Formeloza Steve F and Formeloza Kriszel Pinlac
Current Estimated Value
$844,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,625
Outstanding Balance
$121,536
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$723,441

Purchase Details

Closed on
Jan 11, 2010
Sold by
Wells Fargo Bank Na
Bought by
Formeloza Steve F

Purchase Details

Closed on
Dec 10, 2009
Sold by
London Jessica S and London David R
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 15, 2004
Sold by
Gerber Michele Lassak and Lassak Michele
Bought by
London David R and London Jessica S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 1998
Sold by
Leimas Anthony J and Leimas Ellenore J
Bought by
Lassak Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,200
Interest Rate
6.89%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Formeloza Steve F -- First American Title Company
Formeloza Steve F $198,000 Ticor Title
Wells Fargo Bank Na $229,670 Accommodation
London David R $595,000 North American Title Co
Lassak Gerber Michele -- North American Title Co
Lassak Michele $156,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Formeloza Steve F $152,625
Previous Owner London David R $395,000
Previous Owner Lassak Michele $125,200
Closed Lassak Michele $31,300
Source: Public Records

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 $3,539 $274,402 $63,884 $210,518
2023 $3,539 $263,749 $61,404 $202,345
2022 $3,607 $258,578 $60,200 $198,378
2021 $3,537 $253,509 $59,020 $194,489
2020 $3,386 $250,910 $58,415 $192,495
2019 $3,330 $245,991 $57,270 $188,721
2018 $3,270 $241,169 $56,149 $185,020
2017 $3,223 $236,442 $55,049 $181,393
2016 $3,133 $231,807 $53,970 $177,837
2015 $2,999 $228,327 $53,160 $175,167
2014 $2,953 $223,857 $52,120 $171,737
Source: Public Records

Map

California Riverside County Palm Springs 92262 Desert Park Estates

2555 N Farrell Dr, Palm Springs, CA

This home is located at 2555 N Farrell Dr, Palm Springs, CA 92262 and is currently estimated at $844,977, approximately $299 per square foot. 2555 N Farrell Dr is a home located in Riverside County with nearby schools including Vista Del Monte 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.

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