NOT LISTED FOR SALE

259 N Farrell Dr Palm Springs, CA 92262

Estimated Value: $846,000 - $1,114,000

3 Beds
2 Baths
1,284 Sq Ft
$762/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $760,000 $592 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,133/month

250 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • Laundry Room
  • Palm Springs High School Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of August 2020

This stunning, fully renovated Mid-Century Modern home features a remodeled kitchen and bathroom, new roof and windows, and an eye-catching circular driveway. The backyard has been transformed into a true Palm Springs oasis, equipped with a bocce ball court, patio cover, fire pit, artificial turf and pool with beautiful mountain views. Bi-fold glass doors slide open to create indoor-outdoor living space ideal for cool desert evenings. This home is in a perfect location, just minutes from shopping and restaurants.

Last Agent to Sell the Property

Chris Milano

NextMove Real Estate License #01934091 Listed on: 11/19/2019

Last Buyer's Agent

Richard Gullo

Core7 Real Estate Referrals License #01439062

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,144

Year Built

  • Built in 1958

Lot Details

  • 0.25 Acre Lot
  • Property is zoned R1C

Home Design

  • Patio Home

Interior Spaces

  • 1,284 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Carport Spaces

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 502123003

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,144

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R1C
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 502123003
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1284.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 591.90
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Palm Springs Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Patio Home
  • Lot Size Sq Ft: 10890.00
  • Lot Size Acres: 0.2500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10890.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 447.01
  • Tax Lot: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2019
Closed on
Jul 30, 2020
Sold by
Blake Richards Enterprises Inc
Bought by
Gerlt Andrew Allen and Clausen Michael James
Seller's Agent
Chris Milano
NextMove Real Estate
Buyer's Agent
Richard Gullo
Core7 Real Estate Referrals
List Price
$759,999
Sold Price
$760,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$978,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,085
Avg. Annual Appreciation
5.76%
Original Mortgage
$510,000
Outstanding Balance
$453,422
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$555,343

Purchase Details

Closed on
Jul 16, 2019
Sold by
Paul Steven J
Bought by
Divnus Llc

Purchase Details

Closed on
Jul 15, 2019
Sold by
Divinus Llc
Bought by
Blake Richards Enterprises Inc

Purchase Details

Closed on
Sep 9, 2011
Sold by
Bank Of America Na
Bought by
Paull Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2011
Sold by
Colglazier Raymond E
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Sep 24, 2006
Sold by
Colglazier Raymond E and Colglazier Raymond E
Bought by
Colglazier Raymond E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
7.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 12, 2005
Sold by
Nyblom David N
Bought by
Colglazier Raymond E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,800
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 10, 2005
Sold by
Banfield Charles
Bought by
Nyblom David N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,600
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2004
Sold by
Panik Lawrence and Panik Patricia
Bought by
Banfield Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,125
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2000
Sold by
Panik Joseph J and Panik Margaret H
Bought by
Panik Lawrence and Panik Patricia
Source: Public Records

Range of Values:

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Average Value
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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
Gerlt Andrew Allen $760,000 Ticor Ttl Orange Cnty Branch
Divnus Llc $500,000 Ticor Title San Diego Branch
Blake Richards Enterprises Inc $521,000 Ticor Title San Diego Branch
Paull Steven J $202,000 Landsafe Title
Bac Home Loans Servicing Lp $225,000 Landsafe Default Inc
Colglazier Raymond E -- North American Title Company
Colglazier Raymond E $549,000 North American Title Company
Nyblom David N $512,500 North American Title
Banfield Charles $375,000 New Century Title Company Ri
Panik Lawrence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerlt Andrew Allen $510,000
Previous Owner Paull Steven J $151,500
Previous Owner Colglazier Raymond E $504,000
Previous Owner Colglazier Raymond E $109,800
Previous Owner Colglazier Raymond E $439,200
Previous Owner Nyblom David N $409,600
Previous Owner Banfield Charles $337,125
Closed Nyblom David N $51,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $760,000 +2.0% $592 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
07/25/2020 07/25/20 Price Changed $745,000 +508.2% $580 / Sq Ft
06/22/2020 06/22/20 Price Changed $122,500 -83.6% $95 / Sq Ft
06/04/2020 06/04/20 Price Changed $749,000 -1.4% $583 / Sq Ft
03/24/2020 03/24/20 For Sale $759,999 0.0% $592 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
01/21/2020 01/21/20 Price Changed $759,999 -1.7% $592 / Sq Ft
12/26/2019 12/26/19 Price Changed $772,888 -2.0% $602 / Sq Ft
11/19/2019 11/19/19 For Sale $789,000 -- $614 / 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 $10,144 $835,635 $246,794 $588,841
2023 $10,144 $803,188 $237,211 $565,977
2022 $10,345 $787,440 $232,560 $554,880
2021 $9,979 $760,000 $228,000 $532,000
2020 $6,742 $521,000 $90,000 $431,000
2019 $3,098 $227,439 $69,805 $157,634
2018 $3,043 $222,981 $68,437 $154,544
2017 $2,999 $218,610 $67,096 $151,514
2016 $2,916 $214,325 $65,781 $148,544
2015 $2,790 $211,107 $64,794 $146,313
2014 $2,745 $206,974 $63,526 $143,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19268076

California Regional Multiple Listing Service (CRMLS)

APN: 502-123-003