NOT LISTED FOR SALE

266 N Farrell Dr Palm Springs, CA 92262

Estimated Value: $926,000 - $1,388,937

4 Beds
3 Baths
2,008 Sq Ft
$537/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $628,000 $313 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,567/month

49 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Laundry Room
  • Palm Springs High School Rated A-
  • No HOA
  • Forced Air Zoned Heating and Cooling System

About This Home

As of January 2020

Renovated 1958 built Mid Century Modern located in the heart of Palm Springs. This Post and beam constructed 4BD/3BA property boasts approx 2008 SF on a nice sized lot, including a guest studio with ensuite bathroom and kitchen, natural Tongue & Groove Ceilings, Polished concrete floors, interior laundry, large circular driveway, RV yard access, pool, patio, built in BBQ, and a Solar Power System (that is owned, not rented). New kitchens, upgraded bathroom finishes, fans, and nest Wi-Fi thermostat. Plenty of space to entertain, ideal for indoor/outdoor living. New array of ficus trees will bring additional privacy in just months. Faces Gorgeous Mountain views. Just minutes from Tramway, downtown, PS International Airport, and many amenities (Golf, dining, gym). You own the land with NO HOA dues. Great primary/second home or perfect location for cash-generating vacation rental. Don't let this one get away!

Last Agent to Sell the Property

Codrin Mihai

HOME LIBERTY License #01510894 Listed on: 11/01/2019

Last Buyer's Agent

Lynee LaVoie

Cherie Miller & Associates License #02021036

Cherie Miller & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,454

Year Built

  • Built in 1958

Lot Details

  • 9,583 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1C

Property Views

  • Mountain
  • Neighborhood

Interior Spaces

  • 2,008 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 502121004

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,454

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Sunrise Park (33257)
  • View: Yes
  • Zoning: R1C
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 502121004
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2008.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 312.75
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Zoned
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Schools

  • School District: Palm Springs Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9583.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 447.01
  • Tax Lot: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Dec 29, 2019
Sold by
Structured Capital Llc
Bought by
Ensworth Deena
Seller's Agent
Codrin Mihai
HOME LIBERTY
Buyer's Agent
Lynee LaVoie
Cherie Miller & Associates
List Price
$648,000
Sold Price
$628,000
Premium/Discount to List
-$20,000
-3.09%
Current Estimated Value
$1,077,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,984
Avg. Annual Appreciation
10.11%
Original Mortgage
$448,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2019
Sold by
Structured Capital Inc
Bought by
Structured Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 2017
Sold by
Waters Tonya
Bought by
Waters Brian Doran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,900
Interest Rate
3.88%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 31, 2017
Sold by
Waters Brian Doran
Bought by
Structured Capital Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,900
Interest Rate
3.88%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 10, 2017
Sold by
Bryant Jacquelyn
Bought by
Waters Brian Doran

Purchase Details

Closed on
Sep 2, 2016
Sold by
Waters Real Estate Llc
Bought by
Bryant Jacquelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,925
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2015
Sold by
B2a Properties Llc
Bought by
Waters Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.8%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 22, 2014
Sold by
Cornelius Byron and Cornelius Hilda
Bought by
B2a Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,400
Interest Rate
4.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Ensworth Deena $628,000 Fidelity National Title
Structured Capital Llc -- Ticor Title Riverside
Waters Brian Doran -- Fidelity National Title Comp
Structured Capital Inc $450,000 Fidelity National Title Ie
Waters Brian Doran -- Non Avaliable
Bryant Jacquelyn $431,500 Fidelity Sherman Oaks
Waters Real Estate Llc $420,000 Fidelity National Title Co
B2a Properties Llc $380,500 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ensworth Deena $240,000
Open Ensworth Deena $480,000
Closed Ensworth Deena $40,000
Closed Ensworth Deena $448,000
Previous Owner Structured Capital Llc $450,000
Previous Owner Structured Capital Inc $450,900
Previous Owner Structured Capital Inc $450,900
Previous Owner Bryant Jacquelyn $409,925
Previous Owner Waters Real Estate Llc $115,000
Previous Owner Waters Real Estate Llc $390,000
Previous Owner B2a Properties Llc $342,400
Previous Owner Cornelius Byron $390,000
Previous Owner Cornelius Byron $355,000
Previous Owner Cornelius Byron $349,000
Previous Owner Cornelius Byron $142,558
Previous Owner Cornelius Byron $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold $628,000 0.0% $313 / Sq Ft
12/09/2019 12/09/19 Price Changed $628,000 -1.1% $313 / Sq Ft
11/23/2019 11/23/19 Price Changed $635,000 -2.0% $316 / Sq Ft
11/01/2019 11/01/19 For Sale $648,000 -- $323 / 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 $8,454 $686,804 $98,426 $588,378
2023 $8,454 $660,137 $94,605 $565,532
2022 $8,624 $647,194 $92,750 $554,444
2021 $8,451 $634,505 $90,932 $543,573
2020 $8,072 $628,000 $140,000 $488,000
2019 $5,981 $459,000 $137,700 $321,300
2018 $5,871 $450,000 $135,000 $315,000
2017 $5,658 $431,000 $131,000 $300,000
2016 $5,818 $426,405 $101,525 $324,880
2015 $5,682 $450,000 $135,000 $315,000
2014 $3,931 $290,577 $57,687 $232,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV19255725

California Regional Multiple Listing Service (CRMLS)

APN: 502-121-004