NOT LISTED FOR SALE

291 E Mel Ave Unit 223 Palm Springs, CA 92262

Estimated Value: $374,000 - $424,571

2 Beds
2 Baths
902 Sq Ft
$300/mo HOA Fee

Last Sold December 12, 2022

Last sale price $415,000 $460 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,901/month

43 Days on Market

Highlights

  • Unit is on the top floor
  • In Ground Pool
  • Updated Kitchen
  • Palm Springs High School Rated A-
  • Gated Community
  • Mountain View

About This Home

As of December 2022

Experience the Palm Springs lifestyle in this pristine, recently and fully remodeled 2 bedroom 2 bath condo on fee land - you own the land! A desirable location, situated within walking distance to shops and restaurants, only 1 mile from Downtown Palm Springs and a half a mile from Ruth Hardy Park. Not only will you fall in love with this location, you will fall in love with this refreshing and bright unit. Remodeled within the last 3-4 years, this is an end unit on the second floor with vaulted ceilings, breathtaking Mountain Views from your living room balcony, updated appliances, 2 private balconies, and laundry inside the unit. Furnished per inventory list, this condo is move in ready! The lush common grounds are meticulously cared for with a sunken tennis court, pool & spa heated year round, and plenty of guest parking. Whether you are looking for a primary home, seasonal residence or an investment opportunity this is a must-see!

Last Agent to Sell the Property

Melinda Wong

Radius Agent Realty License #02106589 Listed on: 10/20/2022

Radius Agent Realty

Last Buyer's Agent

Tari Clay

Berkshire Hathaway HomeServices California Properties License #01280133

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,400

Year Built

  • Built in 1983

Lot Details

  • 1,307

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Stucco Exterior

Interior Spaces

  • 902 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • 2 Fireplaces
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Tile Flooring
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Freezer
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • 1 Car Parking Space
  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Additional Features

  • Unit is on the top floor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 507065037

Community Details

Overview

  • Association fees include building & grounds, water, trash
  • Rancho El Mirador Subdivision
  • On-Site Maintenance

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,400

Year Built

Built in 1983

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Two, Top
  • List Price per Sq Ft: 460.09
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Year Built: 1983
  • Listing I D: 219086073
  • Listing Member Address: 1160 Battery St East #100, San Francisco, CA 94111
  • Listing Office Address: 1160 Battery St East #100, San Francisco, CA 94111
  • Selling Member Address: 2905 E. Tahquitz Canyon Way, Palm Springs, CA 92262
  • Selling Office Address: 2905 E Tahquitz Canyon Way, Palm Springs, CA 92262
  • Selling Office Fax: (760) 322-5083
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Rancho El Mirador
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Cooktop, Electric Oven, Exhaust Fan, Washer, Refrigerator, Freezer, Dishwasher
  • Interior Amenities: Vaulted Ceiling(s)
  • Flooring: Tile
  • Total Bedrooms: 2
  • Bathroom Features: Remodeled
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Living/Dining Combo
  • Kitchen Features: Remodeled, Quartz Counters
  • Laundry: In Closet
  • Estimated Sq Ft: 902.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Patio: Covered, Balcony
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Parking: Assigned
  • Total Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Cooling Type: Air Conditioning, Electric, Central Air
  • Heating: Central
  • Heating Fuel: Electric
  • Security: Community, Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Water, Trash
  • Association Amenities: Guest Parking, Tennis Courts, Pet Rules, Maintenance Grounds
  • HOA Information: Yes
  • HOA Fee 1: 300.00
  • Total Monthly Association Fees: 300.00

Lot Info

  • Assessor Parcel Number: 507065037
  • Lot Size: 1307.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Nov 28, 2022
Sold by
Herrmann Jason
Bought by
Manning Timber Jordan and Manning Nathan Sean
Seller's Agent
Melinda Wong
Radius Agent Realty
Buyer's Agent
Tari Clay
Berkshire Hathaway HomeServices California Properties
List Price
$435,000
Sold Price
$415,000
Premium/Discount to List
-$20,000
-4.6%
Views
66
Current Estimated Value
$397,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,107
Avg. Annual Appreciation
-1.52%
Original Mortgage
$373,500
Outstanding Balance
$362,920
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$34,973

Purchase Details

Listed on
Nov 2, 2016
Closed on
Dec 2, 2016
Sold by
Equity Trust Company
Bought by
Herrmann Jason
Seller's Agent
Steve Weiser
Evolve Realty
Buyer's Agent
James Applegate
AC Palm Desert Referrals
List Price
$199,900
Sold Price
$194,000
Premium/Discount to List
-$5,900
-2.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.56%
Original Mortgage
$174,600
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2014
Closed on
Jun 3, 2014
Sold by
Sheridan Paula J
Bought by
Equity Trust Company
Seller's Agent
Timothy McTavish
Desert Sotheby's International Realty
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$174,900
Sold Price
$168,000
Premium/Discount to List
-$6,900
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%

Purchase Details

Closed on
Feb 19, 2014
Sold by
Dusek Dorothy E
Bought by
Sheridan Paula J

Purchase Details

Closed on
Mar 22, 2011
Sold by
Kennedy Christopher B
Bought by
Dusek Dorothy E and Sheridan Paula J

Purchase Details

Closed on
Sep 21, 2004
Sold by
Vintrov Eliran
Bought by
Kennedy Christopher B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 6, 2004
Sold by
Haas Donald and Haas Delia
Bought by
Vintrov Eliran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2003
Sold by
Haas Donald
Bought by
Haas Donald and Haas Delia

Purchase Details

Closed on
Nov 15, 2002
Sold by
Oneill Kevin J
Bought by
Haas Donald

Purchase Details

Closed on
Aug 9, 2000
Sold by
Investment Capital Researchers Inc
Bought by
Oneill Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
8.07%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 27, 2000
Sold by
Kirkgard Mark M and Kirkgard Erin M
Bought by
Investment Capital Researchers Inc
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Manning Timber Jordan $415,000 First American Title
Herrmann Jason $194,000 Equity Title Company
Equity Trust Company $168,000 Lawyers Title
Sheridan Paula J -- None Available
Dusek Dorothy E $115,000 Ticor Title
Kennedy Christopher B $235,000 Fidelity National Title Ins
Vintrov Eliran $143,000 Ticor Title San Bernardino
Haas Donald -- --
Haas Donald $105,000 Commonwealth Land Title Co
Oneill Kevin J $75,000 Orange Coast Title
Investment Capital Researchers Inc $72,011 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manning Timber Jordan $373,500
Previous Owner Herrmann Jason $168,000
Previous Owner Herrmann Jason $174,600
Previous Owner Kennedy Christopher B $64,800
Previous Owner Kennedy Christopher B $47,000
Previous Owner Kennedy Christopher B $188,000
Previous Owner Vintrov Eliran $114,400
Previous Owner Oneill Kevin J $67,500
Closed Vintrov Eliran $28,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2022 12/12/22 Sold $415,000 0.0% $460 / Sq Ft
11/15/2022 11/15/22 Price Changed $415,000 -2.4% $460 / Sq Ft
11/02/2022 11/02/22 Price Changed $425,000 -2.3% $471 / Sq Ft
10/20/2022 10/20/22 For Sale $435,000 +124.2% $482 / Sq Ft
12/20/2016 12/20/16 Sold $194,000 -3.0% $215 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
11/26/2016 11/26/16 For Sale $199,900 +3.0% $222 / Sq Ft
11/23/2016 11/23/16 Off Market $194,000 -- --
11/14/2016 11/14/16 Price Changed $199,900 -6.8% $222 / Sq Ft
11/04/2016 11/04/16 Price Changed $214,500 -4.2% $238 / Sq Ft
11/02/2016 11/02/16 For Sale $224,000 +33.3% $248 / Sq Ft
06/17/2014 06/17/14 Sold $168,000 -1.2% $186 / Sq Ft
05/11/2014 05/11/14 Pending -- -- --
04/10/2014 04/10/14 Price Changed $170,000 -2.8% $188 / Sq Ft
02/20/2014 02/20/14 For Sale $174,900 -- $194 / Sq Ft
Source: California Desert Association of REALTORS®

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 $5,400 $431,766 $72,828 $358,938
2023 $5,400 $415,000 $70,000 $345,000
2022 $2,993 $212,165 $53,041 $159,124
2021 $2,936 $208,005 $52,001 $156,004
2020 $2,812 $205,873 $51,468 $154,405
2019 $2,767 $201,837 $50,459 $151,378
2018 $2,718 $197,880 $49,470 $148,410
2017 $2,682 $194,000 $48,500 $145,500
2016 $2,407 $173,967 $43,491 $130,476
2015 $2,304 $171,356 $42,839 $128,517
2014 $1,677 $120,186 $30,046 $90,140
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219086073

California Desert Association of REALTORS®

APN: 507-065-037