NOT LISTED FOR SALE

500 S Farrell Dr Unit E38 Palm Springs, CA 92264

Palm Springs Area

Estimated Value: $383,484

2 Beds
2 Baths
1,175 Sq Ft
1,307 Sq Ft Lot

Sale Details

Date Sold: February 10, 2025

Last sale price $339,999 $289 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,980 / mo

11 Days on Market

Highlights

  • Unit is on the top floor
  • Gated Community
  • End Unit
  • In Ground Pool
  • Mountain View
  • Furnished

About This Home

As of February 2025

Located in Palm Springs at 500 S Farrell Unit E38, this property offers an enticing resort-style living experience in a quiet and peaceful setting. The turnkey, fully furnished unit boasts impressive mountain views visible right from the living room balcony, providing residents with a picturesque backdrop to daily life. Strategically positioned just minutes away from shopping, dining, and entertainment venues, the home strikes an ideal balance between tranquility and convenience.The community amenities are a significant highlight, featuring a sparkling pool and tennis facilities that enhance the lifestyle offerings. Residents can enjoy a low-maintenance lifestyle, with the Homeowners Association (HOA) covering essential services including basic cable, WIFI, trash removal, and landscaping. This comprehensive package reduces the typical stress of home maintenance and provides added value to the property.Moreover, the unit presents an attractive investment opportunity, with potential for short-term rentals that could generate additional income. This flexibility makes it appealing to both potential residents seeking a comfortable living space and investors looking for a versatile real estate asset. Potential buyers or their agents to verify all information independently, ensuring a transparent and well-informed purchasing process.

Last Agent to Sell the Property

Roger Meier

California Lifestyle Realty License #02162809 Listed on: 12/05/2024

Last Buyer's Agent

Carlo Lombardelli

Dyson & Dyson Real Estate

Dyson & Dyson Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1984

Lot Details

  • End Unit
  • South Facing Home

HOA Fees

  • $499 Monthly HOA Fees

Home Design

  • Stucco Exterior

Interior Spaces

  • 1,175 Sq Ft Home
  • Furnished
  • Sliding Doors
  • Living Room
  • Living Room Balcony
  • Dining Area
  • Tile Flooring
  • Mountain Views

Kitchen

  • Electric Cooktop
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • 4 Car Parking Spaces

Pool

  • In Ground Pool
  • In Ground Spa

Location

  • Unit is on the top floor

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 502581038

Community Details

Overview

  • Mesquite Country Club Subdivision
  • Planned Unit Development

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

1,307 Sq Ft Lot

HOA Fees

$499 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Leisure Faces South
  • Levels: Top
  • Entry Location: Top Level
  • List Price per Sq Ft: 289.36
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Year Built: 1984
  • Listing I D: 219120949
  • Listing Member Address: 50905 Avenida Bermudas, La Quinta, CA 92253
  • Listing Office Address: 50905 Avenida Bermudas, La Quinta, CA 92253
  • Listing Office Fax: (760) 564-0200
  • Selling Office Address: 74907 Hwy 111, Indian Wells, CA 92210
  • Street Direction: S
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Mesquite Country Club
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Cooktop, Washer, Refrigerator, Dishwasher
  • Interior Amenities: Living Room Balcony
  • Range Hood: Yes
  • Flooring: Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area
  • Laundry: In Closet
  • Estimated Sq Ft: 1175.00

Exterior Features

  • Construction: Stucco
  • Other Features: End Unit, Tennis Court
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Parking: Covered
  • Total Carport Spaces: 2.00
  • Total Covered Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Security: Gated Community
  • Sewer: Unknown

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 499.00
  • Total Monthly Association Fees: 499.00
  • Unit Location: End Unit

Lot Info

  • Assessor Parcel Number: 502581038
  • Lot Size: 1307.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2024
Closed on
Jan 13, 2025
Sold by
Bought by
Seller's Agent
Roger Meier
California Lifestyle Realty
Buyer's Agent
Carlo Lombardelli
Dyson & Dyson Real Estate
List Price
$339,999
Sold Price
$339,999
Views
17
Current Estimated Value
$383,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,485
Avg. Annual Appreciation
6.28%

Purchase Details

Listed on
Dec 5, 2024
Closed on
Dec 19, 2024
Sold by
Bought by
Seller's Agent
Roger Meier
California Lifestyle Realty
Buyer's Agent
Carlo Lombardelli
Dyson & Dyson Real Estate
List Price
$339,999
Sold Price
$339,999
Views
17

Purchase Details

Closed on
Dec 12, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 1993
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$340,000 First American Title
-- First American Title
$320,000 Equity Title Company
$270,000 Chicago Title Co
-- Commonwealth Land Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $240,500
Previous Owner $256,000
Previous Owner $32,000
Previous Owner $245,000
Previous Owner $436,000
Previous Owner $243,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 Sold $339,999 0.0% $289 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
12/05/2024 12/05/24 For Sale $339,999 -- $289 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,511 $346,798 $104,040 $242,758
2025 $5,081 $367,000 $110,100 $256,900
2023 $5,081 $384,218 $133,918 $250,300
2022 $4,764 $349,289 $121,744 $227,545
2021 $3,916 $283,975 $98,979 $184,996
2020 $3,462 $258,159 $89,981 $168,178
2019 $3,374 $250,640 $87,360 $163,280
2018 $3,256 $241,000 $84,000 $157,000
2017 $3,245 $239,000 $84,000 $155,000
2016 $3,213 $239,000 $84,000 $155,000
2015 $3,135 $240,000 $84,000 $156,000
2014 $3,133 $239,000 $84,000 $155,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219120949

California Desert Association of REALTORS®

APN: 502-581-038

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