NOT LISTED FOR SALE

291 E Mel Ave Unit 243 Palm Springs, CA 92262

Estimated Value: $323,990 - $373,000

2 Beds
2 Baths
902 Sq Ft
$389/Sq Ft Est. Value

About This Home

This home is located at 291 E Mel Ave Unit 243, Palm Springs, CA 92262 and is currently estimated at $350,998, approximately $389 per square foot. 291 E Mel Ave Unit 243 is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2000
Sold by
Herschel Welty Steven C
Bought by
Passarello W Michael and Mercedes Passarello A
Current Estimated Value
$350,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
8.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 1999
Sold by
Welty Steven C and Welty Cheryl L
Bought by
Welty Steven C and Welty Cheryl L

Purchase Details

Closed on
May 6, 1996
Sold by
Investment Capital Researchers Inc
Bought by
Welty Steven C and Welty Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
8.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 15, 1995
Sold by
Luis Frank M and Luis Joyce T
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.

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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

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.

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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
Passarello W Michael $77,500 Orange Coast Title
Welty Steven C -- --
Welty Steven C $60,000 Orange Coast Title
Investment Capital Researchers Inc $71,336 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Passarello W Michael $60,100
Closed Passarello W Michael $73,600
Previous Owner Welty Steven C $54,000
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 $1,560 $116,748 $30,120 $86,628
2023 $1,560 $112,216 $28,951 $83,265
2022 $1,583 $110,017 $28,384 $81,633
2021 $1,554 $107,861 $27,828 $80,033
2020 $1,493 $106,756 $27,543 $79,213
2019 $1,469 $104,663 $27,003 $77,660
2018 $1,444 $102,612 $26,474 $76,138
2017 $1,425 $100,601 $25,955 $74,646
2016 $1,388 $98,630 $25,447 $73,183
2015 $1,321 $97,151 $25,066 $72,085
2014 $1,286 $95,250 $24,576 $70,674
Source: Public Records

Map

California Riverside County Palm Springs 92262

291 E Mel Ave Unit 243, Palm Springs, CA

This home is located at 291 E Mel Ave Unit 243, Palm Springs, CA 92262 and is currently estimated at $350,998, approximately $389 per square foot. 291 E Mel Ave Unit 243 is a home located in Riverside County with nearby schools including Katherine Finchy 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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