NOT LISTED FOR SALE

2970 N Farrell Dr Palm Springs, CA 92262

Desert Park Estates Neighborhood

Estimated Value: $1,092,000 - $1,531,000

4 Beds
3 Baths
2,505 Sq Ft
$517/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $1,450,000 $579 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $8,599/month

36 Days on Market

Highlights

  • Heated In Ground Pool
  • Two Primary Bedrooms
  • Mountain View
  • Palm Springs High School Rated A-
  • Midcentury Modern Architecture
  • Fireplace in Primary Bedroom

About This Home

As of May 2022

Welcome to 2970 N Farrell Dr. located in the Desert Park Estates neighborhood, just minutes away from downtown Palm Springs. This Mid-Century home designed by Architect Hugh Kaptur, AIA in 1961, has been thoughtfully updated. Boasting 4 bedrooms with 3 full baths, an expanded kitchen with a butler's pantry, and incredible mountain views from the spacious backyard with private pool and spa. Iconic butterfly roof design and minimalist landscaping draw you in to an entertainer's paradise.

Last Agent to Sell the Property

Team Michael Hilgenberg w/ Keller Will

Keller Williams Realty License #00938044 Listed on: 03/01/2022

Keller Williams Realty

Co-Listed By

Marty Guzman

Keller Williams Realty License #02071281

Last Buyer's Agent

Joshua Glaz

The Ave License #01856858

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,855

Year Built

  • Built in 1961

Lot Details

  • 0.31 Acre Lot
  • Block Wall Fence
  • Sprinkler System

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Foam Roof
  • Stucco Exterior
  • Stone Exterior Construction

Interior Spaces

  • 2,505 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Shutters
  • Custom Window Coverings
  • Sliding Doors
  • Living Room
  • Dining Area
  • Mountain Views
  • Security System Leased

Kitchen

  • Butlers Pantry
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window

Community Details

  • Desert Park Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 501254004

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,855

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • List Price per Sq Ft: 558.88
  • Lp Sp Ratio: 1.0400
  • View Type: Mountain(s)
  • Year Built: 1961
  • Co Listing Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Co Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Co Listing Office Fax: (760) 770-9510
  • Co Selling Office Address: 10835 Downey Ave, Downey, CA 90241
  • Listing I D: 219075470
  • Listing Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-9510
  • Selling Office Address: 10835 Downey Ave, Downey, CA 90241
  • Street Direction: N
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Desert Park Estates
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Electric Oven, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Master Bedroom
  • Range Hood: Yes
  • Fireplace Features: Gas
  • Flooring: Carpet, Tile
  • Bedroom Features: 2 Master Bedrooms
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Kitchen Features: Granite Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 2505.00
  • Windows Treatments: Custom Window Covering, Shutters

Exterior Features

  • Construction: Stucco, Stone
  • Roofing: Foam
  • Fencing: Block
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener, Driveway
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Cooling Type: Air Conditioning, Wall/Window Unit(s), Central Air
  • Heating: Central
  • Security: Security System Leased
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 501254004
  • Irrigation: Sprinkler System
  • Lot Size: 13504.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2022
Sold by
Correyero Joseba Bermejo
Bought by
Carretero Lazaro Bermejo
Current Estimated Value
$1,294,115

Purchase Details

Closed on
Oct 28, 2022
Sold by
Carretero Lazaro Bermejo
Bought by
Correyero Joseba Bermejo

Purchase Details

Closed on
Jul 19, 2022
Sold by
Bermejo Correyero Joseba
Bought by
Correyero Joseba Bermejo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,368,750
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2022
Closed on
Jun 6, 2022
Sold by
Bermejo Correyero Joseba
Bought by
Carretero Lazaro Bermejo
Seller's Agent
Team Michael Hilgenberg w/ Keller Will
Keller Williams Realty
Buyer's Agent
Joshua Glaz
The Ave
List Price
$1,399,999
Sold Price
$1,450,000
Premium/Discount to List
$50,001
3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.27%
Original Mortgage
$1,368,750
Interest Rate
5.81%
Mortgage Type
New Conventional
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
Carretero Lazaro Bermejo -- Pacific Coast Title
2970 N Farrell Dr -- Pacific Coast Title
Correyero Joseba Bermejo -- Pacific Coast Title
Correyero Joseba Bermejo -- None Listed On Document
Carretero Lazaro Bermejo -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Correyero Joseba Bermejo $1,368,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $1,450,000 +3.6% $579 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $1,399,999 -- $559 / 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 $20,855 $1,508,580 $416,160 $1,092,420
2023 $20,855 $1,450,000 $400,000 $1,050,000
2022 $14,427 $147,900 $12,767 $135,133
2021 $2,047 $145,001 $12,517 $132,484
2020 $1,964 $143,515 $12,389 $131,126
2019 $1,932 $140,702 $12,147 $128,555
2018 $1,897 $137,944 $11,910 $126,034
2017 $1,869 $135,240 $11,677 $123,563
2016 $1,818 $132,590 $11,449 $121,141
2015 $1,732 $130,600 $11,278 $119,322
2014 $1,694 $128,044 $11,058 $116,986
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller Co-Listing Agent in 2022

    Marty Guzman

    Keller Williams Realty

    (760) 904-9608

    3 in this area

    32 Total Sales

    Marty Guzman
    Section Image
  • Joshua Glaz

    Buyer's Agent in 2022

    Joshua Glaz

    The Ave

    (562) 413-9399

    2 in this area

    253 Total Sales

    Joshua Glaz
    Section Image
  • Anthony Estevez

    Buyer Co-Listing Agent in 2022

    Anthony Estevez

    The Ave

    (310) 465-3566

    2 in this area

    43 Total Sales

    Anthony Estevez
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219075470

California Desert Association of REALTORS®

APN: 501-254-004

California Riverside County Palm Springs 92262 Desert Park Estates

2970 N Farrell Dr, Palm Springs, CA

This home is located at 2970 N Farrell Dr, Palm Springs, CA 92262 since 01 March 2022 and is currently estimated at $1,294,115, approximately $516 per square foot. This property was built in 1961. 2970 N Farrell Dr is a home located in Riverside County with nearby schools including Vista Del Monte 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.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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