505 S Farrell Dr Unit A2 Palm Springs, CA 92264
1
Bed
1
Bath
797
Sq Ft
$420/mo
HOA Fee
Highlights
- On Golf Course
- In Ground Pool
- Mediterranean Architecture
- Palm Springs High School Rated A-
- Gated Community
- Furnished
About This Home
As of June 2020BACK ON THE MARKET DUE TO NO FAULT OF THE PROPERTY,VILLA MODEL WITH NO ONE ABOVE YOU!. Remodeled turn key move in model perfect. Completely remodeled kitchen, bath, flooring, stainless appliances etc. Perfect as a turn key rental. Mesquite CC allows minimum 7 day rentals as opposed to most other condo associations which require 30 day minimums. Lovely grassy area with patio and BBQ out back. Property is vacant so no social distancing issues with previewing or showing. Inventory list including the furniture will be provided. Furniture to be noted in offer if fiananced that it is of no value.
Last Agent to Sell the Property
Desert Lifestyle Properties License #01042736 Listed on: 03/23/2020
Last Buyer's Agent
Leonardo Montenegro
License #01413476
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,794
Year Built
- Built in 1985
HOA Fees
- $420 Monthly HOA Fees
Home Design
- Mediterranean Architecture
Interior Spaces
- 797 Sq Ft Home
- 2-Story Property
- Furnished
- Living Room
- Tile Flooring
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- 1 Covered Space
- Automatic Gate
- Unassigned Parking
Pool
Additional Features
- On Golf Course
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 502-573-002
Community Details
Overview
- 368 Units
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
Pet Policy
- Pets Allowed
Security
- Gated Community
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
Similar Homes in Palm Springs, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Seller's Agent in 2025
Barbara Saint Clair
Bennion Deville Homes
(760) 699-3026
22 Total Sales
-
Seller's Agent in 2020
Bryan Burns
Desert Lifestyle Properties
(760) 567-3712
36 Total Sales
-
L
Buyer's Agent in 2020
Leonardo Montenegro
-
J
Seller's Agent in 2016
James Pifer
Desert Lifestyle Properties
-
Buyer's Agent in 2016
Bruce Dahnke
Bennion Deville Homes
(760) 636-6157
15 Total Sales
-
Buyer's Agent in 2013
Bill Weaver
GDW Realty
(415) 987-7071
17 Total Sales
Map
Source: The MLS
MLS Number: 20-566576
APN: 502-573-002
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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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