NOT LISTED FOR SALE

291 E Mel Ave Unit 290 Palm Springs, CA 92262

Estimated Value: $314,000 - $373,000

2 Beds
2 Baths
902 Sq Ft
$250/mo HOA Fee

Last Sold December 19, 2018

Last sale price $187,000 $207 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,333/month

10 Days on Market

Highlights

  • Spa
  • Tennis Courts
  • Bathtub with Shower
  • Palm Springs High School Rated A-
  • Balcony
  • Brick Porch or Patio

About This Home

As of December 2018

Very rare opportunity to buy a condominium in the private Rancho El Mirador community! Conveniently located near the restaurants and shops of downtown Palm Springs. Property features both front and rear patios. The complex offers a community pool, spa, and tennis court.

Last Agent to Sell the Property

Richard Zigrang

Richard Zigrang, Broker License #01992790 Listed on: 09/17/2018

Last Buyer's Agent

Michael Hilgenberg

Keller Williams Realty License #00938044

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,740

Year Built

  • Built in 1983

Lot Details

  • No Units Located Below
  • Two or More Common Walls
  • No Landscaping

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Stucco

Interior Spaces

  • 902 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Laundry Room

Kitchen

  • Convection Oven
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available

Outdoor Features

  • Spa
  • Balcony
  • Brick Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 16384
  • Assessor Parcel Number 507065027

Community Details

Overview

  • 61 Units
  • Rancho El Mirador Association, Phone Number (760) 323-7475

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,740

Year Built

Built in 1983

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Rancho El Mirador (33245)
  • View: No
  • Zoning: R3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 507065027
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 902.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Below
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 207.32
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Living Room
  • Spa Features: Community
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Brick, Concrete
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Dues Paid Monthly, Management
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho El Mirador
  • Phone: (760) 323-7475
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • School District: Palm Springs Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 1307.00
  • Lot Size Acres: 0.0300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1307.0000 Square Feet
  • Number Of Units In Community: 61
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 446.02
  • Tax Lot: 1
  • Tax Tract Number: 16384

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2018
Sold by
Sawyer Priscilla
Bought by
Livi Askew Dee Ellyn
Current Estimated Value
$343,216

Purchase Details

Closed on
Apr 1, 2008
Sold by
Sawyer Priscilla and Sawyer Priscilla Mary
Bought by
Sawyer Priscilla

Purchase Details

Closed on
Mar 17, 2008
Sold by
Sawyer Richard
Bought by
Sawyer Priscilla

Purchase Details

Closed on
Jun 12, 2000
Sold by
Farr Janet C J
Bought by
Silva Leroy P

Purchase Details

Closed on
Apr 23, 1996
Sold by
Investment Capital Researchers Inc
Bought by
Farr Janet C and Fearick Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 12, 1994
Sold by
First American Title Insurance Company
Bought by
Investment Capital Researchers Inc
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
Livi Askew Dee Ellyn $187,000 None Available
Sawyer Priscilla -- First American Title Company
Sawyer Priscilla -- First American Title Company
Silva Leroy P -- --
Farr Janet C $61,000 Orange Coast Title
Farr Janet C -- Orange Coast Title
Investment Capital Researchers Inc $88,493 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farr Janet C $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2018 12/19/18 Sold $187,000 -1.6% $207 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $190,000 -- $211 / 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 $2,740 $208,596 $83,661 $124,935
2023 $2,740 $200,498 $80,413 $120,085
2022 $2,792 $196,568 $78,837 $117,731
2021 $2,739 $192,715 $77,292 $115,423
2020 $2,624 $190,740 $76,500 $114,240
2019 $2,582 $187,000 $75,000 $112,000
2018 $2,076 $146,359 $38,175 $108,184
2017 $2,049 $143,490 $37,427 $106,063
2016 $1,995 $140,678 $36,694 $103,984
2015 $1,907 $138,567 $36,144 $102,423
2014 $1,869 $135,855 $35,437 $100,418
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW18228548

California Regional Multiple Listing Service (CRMLS)

APN: 507-065-027