NOT LISTED FOR SALE

2990 N Farrell Dr Palm Springs, CA 92262

Desert Park Estates Neighborhood

Estimated Value: $963,000 - $1,366,000

4 Beds
4 Baths
2,586 Sq Ft
$447/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $795,000 $307 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,092/month

12 Days on Market

About This Home

As of June 2017

Stunning luxury home by Homes 29, Inc in conjunction with All Valley Construction. Surrounded by amazing views of the San Jacinto Mtns! This sophisticated home offers up clean, unobstructed open spaces and soaring ceilings. Custom everything! Designer tile, cabinetry, hardware and quartz counters. Smart LED lighting and super efficient HVAC systems hold this home to the highest energy standards. Polished concrete floors, large kit island draped w/ quartz counters, back lit floating mirrors and an outdoor courtyard representing what we all envision PS living to be about. Come see for yourself. Available now...

Last Agent to Sell the Property

Joe Woods

Equity Union License #01898608 Listed on: 04/18/2017

Co-Listed By

John Murasky

Bennion Deville Homes License #01941754

Last Buyer's Agent

John Burge

Bennion Deville Homes License #01489191

Bennion Deville Homes

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,267

Year Built

2017

Lot Details

0

Parking

3

Listing Details

  • Cross Street: FARRELL/RACQUET CLUB
  • Entry Location: Living Room
  • Active Date: 2017-04-18
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Building Size: 2586.0
  • Building Structure Style: Modern
  • Driving Directions: From Downtown PS, N. on Palm Cyn, (R) Vista Chino, (L) Sunrise, (R) Francis, (L) Farrell and home on Right with sign.
  • Full Street Address: 2990 N FARRELL DR
  • Number Of Remote Controls: 2
  • Pool Construction: In Ground
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2017-06-19
  • Property Condition: New Construction
  • Spa Construction: Gunite, In Ground
  • Spa Descriptions: Private Spa
  • Mello Roos: Unknown
  • Total Number of Units: 1
  • View Type: Mountain View
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2017

Interior Features

  • Bathroom Features: Powder Room, Double Vanity(s), Dual Entry (Jack & Jill) Bath, Linen Closet, Low Flow Shower(s), Low Flow Toilet(s), Tile, Under Vanity Lighting
  • Bedroom Features: All Bedrooms Down, Ground Floor Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Master Retreat, Master Suite, WalkInCloset
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Kitchen Island
  • Appliances: Built-Ins, Range Hood, Microwave, Range, Built-In And Free Standing, Built-In Electric, Built-In Gas, Cooktop - Gas, Oven-Electric
  • Advertising Remarks: New luxury home, private pool/spa, draped quartz counters, polished concrete floors, custom windows/doors, three-car garage in the heart of Palm Springs!
  • Total Bedrooms: 4
  • Builders Tract Code: 4980
  • Builders Tract Name: DESERT PARK ESTATES
  • Fireplace: Yes
  • Levels: Ground Level
  • Spa: Yes
  • Appliances: Dishwasher, Freezer, Garbage Disposal, Ice Maker, Recirculated Exhaust Fan, Refrigerator, Water Line to Refrigerator
  • Fireplace Features: Fire Pit
  • Floor Material: Concrete Slab, Ceramic Tile
  • Kitchen Features: Pantry, Island, Stone Counters
  • Laundry: Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 14379
  • Common Walls: Detached/No Common Walls
  • Direction Faces: Faces West
  • Entry Floor: 1
  • Construction: Stucco, Wood
  • Foundation: Foundation - Concrete Slab
  • Other Structures: Guest House Attached
  • Patio: Covered Porch
  • Fence: Block Wall

Garage/Parking

  • Garage Spaces: 3.0
  • Total Parking Spaces: 3
  • Parking Type: Garage Is Attached, Garage - Three Door

Utilities

  • Sewer: In, Connected & Paid
  • Water District: DESERT WATER
  • Sprinklers: Drip System, Sprinkler System, Sprinkler Timer
  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central A/C, Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Central Furnace, Forced Air
  • Security: Fire and Smoke Detection System, Fire Sprinklers

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2019
Sold by
Lucas Robert G and Lucas Trenton Scott
Bought by
Lucas Robert G and Lucas Trenton Scott
Current Estimated Value
$1,155,997

Purchase Details

Listed on
Apr 18, 2017
Closed on
May 3, 2017
Sold by
Homes 29 Inc
Bought by
Lucas Robert G and Lucas Trenton Scott
Seller's Agent
Joe Woods
Equity Union
Buyer's Agent
John Burge
Bennion Deville Homes
List Price
$799,000
Sold Price
$795,000
Premium/Discount to List
-$4,000
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$620,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 27, 2015
Sold by
Savone Umberto and Beja Savone Babette
Bought by
Homes 29 Inc

Purchase Details

Closed on
Jun 20, 2013
Sold by
Savone Umberto
Bought by
Umberto & Babette Savone Living Trust
Source: Public Records

Range of Values:

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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
Lucas Robert G -- None Available
Lucas Robert G $795,000 Orange Coast Title Company
Homes 29 Inc $320,000 Lawyers Title Company
Umberto & Babette Savone Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucas Robert G $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2017 06/16/17 Sold $795,000 -0.5% $307 / Sq Ft
04/30/2017 04/30/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $799,000 -- $309 / 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 $11,267 $922,660 $232,114 $690,546
2023 $11,267 $886,833 $223,101 $663,732
2022 $11,495 $869,445 $218,727 $650,718
2021 $11,262 $852,398 $214,439 $637,959
2020 $10,753 $843,659 $212,241 $631,418
2019 $10,566 $827,118 $208,080 $619,038
2018 $10,368 $810,900 $204,000 $606,900
2017 $7,905 $610,457 $110,457 $500,000
2016 $1,342 $108,292 $108,292 $0
2015 $201 $16,558 $16,558 $0
2014 -- $16,235 $16,235 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Woods

    Seller's Agent in 2017

    Joe Woods

    Equity Union

    (760) 567-3880

    1 in this area

    31 Total Sales

    Joe Woods
    Section Image
  • John Murasky

    Seller Co-Listing Agent in 2017

    John Murasky

    Bennion Deville Homes

    (760) 898-8857

    25 Total Sales

    John Murasky
    Section Image
  • John Burge

    Buyer's Agent in 2017

    John Burge

    Bennion Deville Homes

    (760) 409-4651

    46 Total Sales

    John Burge
    Section Image
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Map

Source: The MLS

MLS Number: 17-222312PS

The MLS

APN: 501-254-003

California Riverside County Palm Springs 92262 Desert Park Estates

2990 N Farrell Dr, Palm Springs, CA

This home is located at 2990 N Farrell Dr, Palm Springs, CA 92262 since 18 April 2017 and is currently estimated at $1,155,997, approximately $447 per square foot. This property was built in 2017. 2990 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.

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