NOT LISTED FOR SALE

291 E Mel Ave Unit 260 Palm Springs, CA 92262

Estimated Value: $343,362 - $373,000

2 Beds
2 Baths
902 Sq Ft
1,307 Sq Ft Lot

Last Sold June 10, 2016

Last sale price $193,000 $214 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,218/month

3 Days on Market

About This Home

As of June 2016

Palm Springs getaway-condominium, OFFERED FURNISHED per inventory,recently renovated, features 2 BEDROOMS, 2 BATHS, dining area,remodeled kitchen with breakfast bar, remodeled baths, new paint, crown moldings, recessed lighting, 2 patios with views, this is a lower unit. The Rancho El Mirador community is adjacent to Desert Regional Medical Center close to downtown Palm Springs. This community offers pool/spa, Tennis, well maintained grounds, gated access, Low HOA's and YOU OWN THE LAND. Call today to see the wonderful Palm Springs property.

Last Agent to Sell the Property

Kathryn Tomasino

Keller Williams Luxury Homes License #01762787 Listed on: 05/06/2016

Keller Williams Luxury Homes

Last Buyer's Agent

Emma Dixon Shawn Wanta

Bennion Deville Homes

Bennion Deville Homes

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,977

Year Built

1983

Lot Details

0

Listing Details

  • Entry Location: Ground Level - no steps
  • Active Date: 2016-05-06
  • Full Bathroom: 2
  • Building Size: 902.0
  • Driving Directions: From indian Canyon turn east on E. Mel, community is the first on the south side of the street. Park in guest parking along Mel.
  • Full Street Address: 291 E MEL AVE
  • Pool Construction: Gunite, In Ground
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2016-06-12
  • Spa Descriptions: Association Spa
  • Unit Floor In Building: 1
  • Total Number of Units: 64
  • View Type: Peek-A-Boo View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1983

Interior Features

  • Eating Areas: Breakfast Area, Breakfast Nook, Dining Area
  • Appliances: Gas/Electric Range, Microwave
  • Advertising Remarks: Kathryn Tomasino 760.333.9990 calbre# 01762787, Palm Springs getaway-condominium, OFFERED FURNISHED per inventory ,recently renovated, features 2 BEDROOMS, 2 BATHS, dining area,remodeled kitchen with breakfast bar, remodeled baths, new paint, crown mol
  • Total Bedrooms: 2
  • Builders Tract Code: 5720
  • Builders Tract Name: RANCHO EL MIRADOR
  • Fireplace: No
  • Levels: Ground Level, One Level
  • Playing Courts: Community, East/West, Tennis Court Private
  • Interior Amenities: Crown Moldings, Furnished
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Floor Material: Ceramic Tile
  • Kitchen Features: Granite Counters, Remodeled
  • Laundry: Laundry in Closet, Laundry Area In Unit
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 1307
  • Common Walls: Attached
  • Direction Faces: Faces North
  • Patio: Tile

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Type: Assigned, Carport, Parking for Guests

Utilities

  • Cooling Type: Central A/C
  • Heating Type: Central Furnace
  • Security: Gated Community

Condo/Co-op/Association

  • Amenities: Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Gated Community, Gated Parking, Onsite Property Management, Tennis Courts
  • HOA: No
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Sewer Paid, Trash Paid, Water Paid
  • Association Rules: PetsPermitted, Assoc Pet Rules
  • Association Name: Rancho El Mirador
  • HOA Fees: 265.0

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2016
Closed on
May 13, 2016
Sold by
Lbe Family Limited Partnership
Bought by
Magbiray Marlyn Reyes
Seller's Agent
Kathryn Tomasino
Keller Williams Luxury Homes
Buyer's Agent
Emma Dixon Shawn Wanta
Bennion Deville Homes
List Price
$189,000
Sold Price
$193,000
Premium/Discount to List
$4,000
2.12%
Current Estimated Value
$364,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,341
Avg. Annual Appreciation
7.11%
Original Mortgage
$154,400
Outstanding Balance
$70,245
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$294,096

Purchase Details

Closed on
Sep 22, 2014
Sold by
Harkison Diane
Bought by
Lbe Family Limited Partnership

Purchase Details

Closed on
Mar 10, 2000
Sold by
Ayala Ruben S and Ayala Irene M
Bought by
Ayala Ruben S and Ayala Irene M
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
Magbiray Marlyn Reyes $193,000 Fidelity National Title Ie
Lbe Family Limited Partnership $135,000 Orange Coast Title
Ayala Ruben S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magbiray Marlyn Reyes $154,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2016 06/10/16 Sold $193,000 +2.1% $214 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $189,000 +40.0% $210 / Sq Ft
12/29/2014 12/29/14 Sold $135,000 0.0% $150 / Sq Ft
09/24/2014 09/24/14 Pending -- -- --
09/05/2014 09/05/14 Off Market $135,000 -- --
08/30/2014 08/30/14 For Sale $145,000 -- $161 / Sq Ft
Source: The MLS

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 $2,977 $228,464 $57,114 $171,350
2023 $2,977 $219,596 $54,898 $164,698
2022 $3,033 $215,291 $53,822 $161,469
2021 $2,976 $211,070 $52,767 $158,303
2020 $2,849 $208,906 $52,226 $156,680
2019 $2,804 $204,810 $51,202 $153,608
2018 $2,755 $200,796 $50,199 $150,597
2017 $2,717 $196,860 $49,215 $147,645
2016 $1,950 $137,058 $34,518 $102,540
2015 $1,863 $135,000 $34,000 $101,000
2014 $1,611 $114,757 $28,689 $86,068
Source: Public Records

Agents Affiliated with this Home

  • Kathryn Tomasino

    Seller's Agent in 2016

    Kathryn Tomasino

    Keller Williams Luxury Homes

    (760) 333-9990

    89 Total Sales

    Kathryn Tomasino
    Section Image

  • E

    Buyer's Agent in 2016

    Emma Dixon Shawn Wanta

    Bennion Deville Homes

    Section Image
  • Rachel Winetsky

    Seller's Agent in 2014

    Rachel Winetsky

    RE/MAX

    (909) 957-5558

    65 Total Sales

    Rachel Winetsky
    Section Image
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Map

Source: The MLS

MLS Number: 16-121782PS

The MLS

APN: 507-065-030

California Riverside County Palm Springs 92262

291 E Mel Ave Unit 260, Palm Springs, CA

This home is located at 291 E Mel Ave Unit 260, Palm Springs, CA 92262 since 06 May 2016 and is currently estimated at $364,341, approximately $403 per square foot. This property was built in 1983. 291 E Mel Ave Unit 260 is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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