$118,000
SOLD MAY 11, 2016

505 S Farrell Dr Unit A2 Palm Springs, CA 92264

1 Bed
1 Bath
797 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$148 Per Sq Ft

15% Below List Price

242 Days on Market

About This Home

As of June 2020

THIS VERY LIGHT AND BRIGHT 1 BEDROOM, 1 BATH SINGLE LEVEL VILLA UNIT WITH NO ONE ABOVE OR BELOW OFFERS AN OPEN SPACIOUS LIVING ROOM WITH SOARING CEILINGS, COMFORTABLE DINING AREA AND KITCHEN, LARGE MASTER SUITE WITH A SEPARATE PRIVATE LARGEBALCONY. UNIT IS JUST STEPS AWAY FROM A BEAUTIFUL COMMUNITY POOL. MESQUITE COUNTRY CLUB HAS ALL THE RESORT AMENITIES YOU COULD IMAGINE: POOLS, SPAS AND TENNIS COURTS. IT IS CLOSE TO DOWNTOWN PALM SPRINGS, SHOPPING, RESTAURANTS, MOVIE THEATERS AND CASINOS. HOA INCLUDES WATER, TRASH AND BASIC CABLE.

Last Agent to Sell the Property

James Pifer

Desert Lifestyle Properties License #00523967 Listed on: 08/15/2015

Last Buyer's Agent

Bruce Dahnke

Bennion Deville Homes License #01918176

Bennion Deville Homes

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,794

Year Built

1985

Lot Details

0

Listing Details

  • Cross Street: FARRELL & RAMON
  • Entry Location: Ground Level - no steps
  • Active Date: 2016-03-16
  • Full Bathroom: 1
  • Building Size: 797.0
  • Building Structure Style: Mediterranean
  • Driving Directions: Enter security gate on West side of Farrell South of Ramon. Go through gate and go right at first set of carports. Second single level unit on right.
  • Full Street Address: 505 S FARRELL DR
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2016-05-17
  • Property Condition: Repair Cosmetic
  • Spa Descriptions: Association Spa
  • Mello Roos: Unknown
  • Unit Floor In Building: 1
  • Total Number of Units: 1
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1985

Interior Features

  • Bathroom Features: Shower Over Tub
  • Bedroom Features: Master Suite
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Appliances: Range Hood, Range, Electric
  • Advertising Remarks: THIS VERY LIGHT AND BRIGHT 1 BEDROOM, 1 BATH SINGLE LEVEL VILLA UNIT WITH NO ONE ABOVE OR BELOW OFFERS AN OPEN SPACIOUS LIVING ROOM WITH SOARING CEILINGS, COMFORTABLE DINING AREA AND KITCHEN, LARGE MASTER SUITE WITH A SEPARATE PRIVATE LARGEBALCONY. UNIT I
  • Total Bedrooms: 1
  • Builders Tract Code: 6540
  • Builders Tract Name: MESQUITE COUNTRY CLU
  • Fireplace: No
  • Levels: One Level
  • Playing Courts: Community, Tennis Court Private
  • Spa: Yes
  • Interior Amenities: Cathedral-Vaulted Ceilings
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Association Phone Number: 760-600-0067
  • Floor Material: Ceramic Tile, Laminated
  • Laundry: Laundry in Closet
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 1307
  • Common Walls: Attached
  • Direction Faces: Faces West
  • Entry Floor: 1
  • Construction: Stucco
  • Foundation: Foundation - Concrete Slab
  • Other Features: High Ceilings (9 Feet+)
  • Patio: Covered
  • Windows: Double Pane Windows, Vertical Blinds
  • Roofing: Composition
  • Water: District/Public

Garage/Parking

  • Carport Spaces: 1
  • Total Parking Spaces: 1
  • Parking Type: Carport Detached

Utilities

  • Sewer: In, Connected & Paid
  • TV Svcs: Cable TV
  • Volt 220: In Kitchen
  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating Type: Forced Air
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector

Condo/Co-op/Association

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Gated Community, Tennis Courts
  • HOA: No
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Cable TV, Trash Paid, Water and Sewer Paid
  • Association Rules: PetsPermitted, Assoc Pet Rules
  • Association Name: Mesquite Country Club
  • HOA Fees: 420.0

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
May 20, 2020
Sold by
Reetz Randy S and Bender Kevin
Bought by
Louden Janice M
Seller's Agent
Bryan Burns
Desert Lifestyle Properties
Buyer's Agent
Leonardo Montenegro
List Price
$209,000
Sold Price
$195,000
Premium/Discount to List
-$14,000
-6.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%

Purchase Details

Closed on
Aug 13, 2018
Sold by
Reetz Randy Scott and Bender Kevin
Bought by
Reetz Randy S and Bender Kevin

Purchase Details

Listed on
Aug 15, 2015
Closed on
Apr 18, 2016
Sold by
Cao Jiqiang and Shao Lihong
Bought by
Reetz Randy Scott and Bender Kevin
Seller's Agent
James Pifer
Desert Lifestyle Properties
Buyer's Agent
Bruce Dahnke
Bennion Deville Homes
List Price
$139,500
Sold Price
$118,000
Premium/Discount to List
-$21,500
-15.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.35%

Purchase Details

Closed on
May 1, 2004
Sold by
Covetta Melvyn D
Bought by
Cao Jiqiang and Shao Lihong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2001
Sold by
Covetta Mel D
Bought by
Covetta Melvyn D

Purchase Details

Closed on
Jan 15, 1999
Sold by
Sago Audrey L and Sago Bruce
Bought by
Covetta Mel D
Source: Public Records

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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 Type Sale Price Title Company
Grant Deed $195,000 Orange Coast Title
Interfamily Deed Transfer -- None Available
Grant Deed $118,000 Orange Coast Title Co
Grant Deed $170,000 First American Title Co
Interfamily Deed Transfer -- --
Grant Deed $63,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $136,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 For Sale $325,000 +66.7% $408 / Sq Ft
06/09/2020 06/09/20 Sold $195,000 -6.7% $245 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $209,000 +77.1% $262 / Sq Ft
05/11/2016 05/11/16 Sold $118,000 -15.4% $148 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $139,500 +18.2% $175 / Sq Ft
03/15/2016 03/15/16 Off Market $118,000 -- --
03/05/2016 03/05/16 Price Changed $139,500 -6.9% $175 / Sq Ft
01/14/2016 01/14/16 Price Changed $149,900 -6.3% $188 / Sq Ft
12/28/2015 12/28/15 Price Changed $159,900 -5.9% $201 / Sq Ft
11/15/2015 11/15/15 Price Changed $169,900 -5.6% $213 / Sq Ft
08/15/2015 08/15/15 For Sale $179,900 0.0% $226 / Sq Ft
04/29/2013 04/29/13 Rented $1,000 0.0% --
04/17/2013 04/17/13 Under Contract -- -- --
04/08/2013 04/08/13 For Rent $1,000 -- --
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 $2,794 $213,258 $54,681 $158,577
2023 $2,794 $204,978 $52,558 $152,420
2022 $2,847 $200,960 $51,528 $149,432
2021 $2,793 $197,020 $50,518 $146,502
2020 $1,839 $127,725 $32,471 $95,254
2019 $1,811 $125,222 $31,835 $93,387
2018 $1,781 $122,767 $31,212 $91,555
2017 $1,758 $120,360 $30,600 $89,760
2016 $2,085 $148,000 $37,000 $111,000
2015 $1,971 $144,000 $36,000 $108,000
2014 $1,931 $141,000 $35,000 $106,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-933081PS

The MLS

APN: 502-573-002