NOT LISTED FOR SALE

500 S Farrell Dr Unit M75 Palm Springs, CA 92264

Estimated Value: $359,000 - $374,000

2 Beds
2 Baths
1,175 Sq Ft
$450/mo HOA Fee

Last Sold November 22, 2023

Last sale price $355,000 $302 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,781/month

287 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Near a National Forest
  • Palm Springs High School Rated A-
  • Peek-A-Boo Views
  • Furnished

About This Home

As of November 2023

Given the historic price increases and fast paced competitive nature of real estate, the quality of this home sits behind the gated community of Mesquite Country Club. This home offers a great escape and affordable desert lifestyle as it sits on the ground level and steps away from one of 4 gated pools and tennis court. The oversized living room has upgraded, neutral tiled floors with sliding doors that lead onto the back patio area, overlooking the pool. The dining room, just off the kitchen has that open concept feel and will make entertaining easy. The kitchen has custom accented cabinetry, good counter space, white appliances and a stainless-steel dual sink. The main suite is at one end of the home with your own private brick patio with a beautiful slider, en-suite bathroom with semi-custom flooring, granite counters, huge vanity and a separate step in shower. The guest suite is good size and features warm toned colors, a slider that leads onto the patio and a guest bathroom that has been upgraded with beautiful granite counters, brushed nickel faucets, hardware and a large tub/shower combination. Additional features include, fully furnished home (except artwork), beautiful mirrors, upgraded flooring, climate provisions, outdoor laundry closet, minutes away from downtown Palm Springs, nightlife, hiking trails, casinos, golf and so much more.

Last Agent to Sell the Property

Robert Vail

COLDWELL BANKER REALTY License #02064891 Listed on: 01/11/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Kirk Bloomgarden

License #02185835

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,570

Year Built

  • Built in 1984

Lot Details

  • 1 Common Wall
  • Northwest Facing Home
  • Density is up to 1 Unit/Acre

HOA Fees

  • $450 Monthly HOA Fees

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Turnkey
  • Slab Foundation

Interior Spaces

  • 1,175 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Living Room
  • Dining Room
  • Den
  • Electric Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Home Security

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Suburban Location

Schools

  • Palm Springs High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 183
  • Assessor Parcel Number 502581075
  • $253 per year additional tax assessments

Community Details

Overview

  • 100 Units
  • Mesquite Country Club Association, Phone Number (760) 327-0301
  • Mesquite Country Club Subdivision
  • Maintained Community
  • Near a National Forest

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,570

Year Built

Built in 1984

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Fully Furnished
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained, Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Mesquite Country Club (33465)
  • View: Yes
  • Zoning: RGA
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 502581075
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1175.00 Square Feet
  • Interior Amenities: Built-in Features, Furnished
  • Stories: 2
  • Entry Location: Ground floor
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 302.13
  • Room Type: All Bedrooms Down, Den, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Spa Features: Association, Community, Heated, In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Primary Bath, Exhaust Fan(s), Granite Counters, Main Floor Full Bath, Remodeled, Upgraded

Exterior Features

  • Patio: Yes
  • Direction Faces: Northwest
  • Foundation: Slab
  • Exterior Features: Barbecue Private
  • View: Mountain(s), Peek-A-Boo
  • Fence: No
  • Patio And Porch Features: Covered, Patio Open
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Roof: Other
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Outside, Washer Included
  • 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), Maintenance Grounds, Controlled Access
  • Association Fee: 450.00
  • Association Fee Frequency: Monthly
  • Association Name: Mesquite Country Club
  • Phone: 760-327-0301
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Blm/National Forest, Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Mesquite Country Club

Schools

  • School District: Palm Springs Unified
  • High School: Palm Springs
  • High School: Palm Springs
  • High School2: PALSPR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • 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: 100
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 9407.00
  • Tax Lot: 1
  • Tax Tract Number: 183...
  • TaxOtherAnnualAssessmentAmount: 253.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2015
Closed on
Jul 24, 2015
Sold by
Roberts Darlene
Bought by
Hennessey Shawn and Hennessey Cheryl
Seller's Agent
Carol Deardorff
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$237,000
Sold Price
$233,000
Premium/Discount to List
-$4,000
-1.69%
Current Estimated Value
$365,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,977
Avg. Annual Appreciation
4.59%
Original Mortgage
$186,400
Outstanding Balance
$146,704
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$219,273

Purchase Details

Closed on
Sep 15, 2010
Sold by
Kelly Laverne and Roberts Darlene
Bought by
Roberts Darlene

Purchase Details

Closed on
Mar 12, 2007
Sold by
Kelly Laverne and Roberts Darlene
Bought by
Kelly Laverne and Roberts Darlene
Source: Public Records

Range of Values:

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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
Hennessey Shawn $233,000 None Available
Roberts Darlene -- Chicago Title Inland Empire
Roberts Darlene -- None Available
Kelly Laverne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hennessey Shawn $186,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $355,000 -1.4% $302 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
10/05/2023 10/05/23 Price Changed $360,000 -9.5% $306 / Sq Ft
05/17/2023 05/17/23 Price Changed $398,000 -4.1% $339 / Sq Ft
04/05/2023 04/05/23 Price Changed $415,000 -3.5% $353 / Sq Ft
01/11/2023 01/11/23 For Sale $430,000 +84.5% $366 / Sq Ft
08/24/2015 08/24/15 Sold $233,000 -1.7% $198 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $237,000 -- $202 / 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 $4,570 $362,100 $90,525 $271,575
2023 $4,570 $265,109 $66,276 $198,833
2022 $3,610 $259,912 $64,977 $194,935
2021 $3,540 $254,816 $63,703 $191,113
2020 $3,388 $252,204 $63,050 $189,154
2019 $3,332 $247,260 $61,814 $185,446
2018 $3,273 $242,412 $60,603 $181,809
2017 $3,228 $237,660 $59,415 $178,245
2016 $3,139 $233,000 $58,250 $174,750
2015 $1,852 $134,032 $29,776 $104,256
2014 $1,815 $131,409 $29,194 $102,215
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23003844

California Regional Multiple Listing Service (CRMLS)

APN: 502-581-075