$455,000
SOLD FEB 7, 2022

505 S Farrell Dr Unit Q101 Palm Springs, CA 92264

2 Beds
2 Baths
1,175 Sq Ft
$420/mo HOA Fee

Recently Sold

$387 Per Sq Ft

1% Above List Price

52 Days on Market

Highlights

  • Golf Course Community
  • In Ground Pool
  • Gated Community
  • Palm Springs High School Rated A-
  • Primary Bedroom Suite
  • View of Trees or Woods

About This Home

As of February 2022

Wake up listening to the birds singing, enjoy a cup of coffee looking at the magical golden-reddish San Jacinto mountains, go for a stroll around the golf course w/ it's gorgeous greenbelt + tall palm trees. THIS IS WHAT PARADISE LOOKS LIKE. This spacious Villa, rarely available, only a few in the complex, and very sought home, (single level, no one above/below) is highly upgraded, ready to move-in. Use it as a comfortable primary home, 2nd home, or as a successful short-term rental (minimum 7 days rental). The best of all: Mesquite CC is a golf/tennis community, 18-hole public course, tennis, multiple pools /spas, clubhouse, incredible location in South Palm Springs (away from the windy area), near everything: shopping, restaurants, cafes, parks, biking/hiking trails, the PS Swim center, galleries. This peaceful, comfortable and posh 2BD/2BA (the BDs are on the opposite sides) offers privacy, premium location, generous rooms, vaulted ceilings, airy, bright, clean, upgraded kitchen + baths, granite counters, stainless steel appliances, stylish flooring, plantation shutters, 2 separate private patios, perfect for grilling + eating al fresco. You OWN the land. Low HOA includes water, trash, cable, building/ground maintenance.

Last Agent to Sell the Property

Leonardo Montenegro

Keller Williams Luxury Homes License #01413476 Listed on: 12/10/2021

Keller Williams Luxury Homes

Last Buyer's Agent

Vincent D'Angerio

Town Real Estate License #02009522

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,924

Year Built

  • Built in 1984

HOA Fees

  • $420 Monthly HOA Fees

Property Views

  • Woods
  • Mountain

Home Design

  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1,175 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Area

Kitchen

  • Galley Kitchen
  • Updated Kitchen
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Dressing Area
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Double Vanity
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Located Outside
  • Washer

Parking

  • 1 Car Parking Space
  • Detached Carport Space
  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool
  • Spa Fenced

Location

  • Ground Level
  • Property is near a park
  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Concrete Porch or Patio
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 502574002

Community Details

Overview

  • Association fees include building & grounds, water, trash, sewer, cable TV
  • Mesquite Country Club Subdivision
  • On-Site Maintenance
  • Community Lake
  • Greenbelt

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,924

Year Built

Built in 1984

Lot Details

0

HOA Fees

$420 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Ground Level, No Unit Above, Ground, One
  • Entry Location: Main Level
  • Included In Sale: All appliances.
  • List Price per Sq Ft: 382.98
  • Lp Sp Ratio: 1.0100
  • View Type: Mountain(s), Trees/Woods
  • Water District Name: Desert Water Agency
  • Year Built: 1984
  • Listing I D: 219071314
  • Listing Member Address: 435 N Palm Canyon Drive, Palm Springs, CA 92262
  • Listing Office Address: 435 N Palm Canyon Drive, Palm Springs, CA 92262
  • Listing Office Fax: (760) 322-9266
  • Selling Member Address: P O Box 5297, Palm Springs, CA 92263
  • Selling Office Address: 31267 Calle Cayuga, Cathedral City, CA 92234
  • Selling Office Fax: (760) 406-5744
  • Street Direction: S
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Mesquite Country Club
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave Oven, Electric Oven, Washer, Refrigerator
  • Interior Amenities: Recessed Lighting
  • Flooring: Carpet, Tile
  • Bedroom Features: All Bedrooms Down, Master Suite, Main Floor Master Bedroom, Main Floor Bedroom, Dressing Area
  • Total Bedrooms: 2
  • Bathroom Features: Double Vanity(s), Shower Over Tub, Remodeled
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area
  • Kitchen Features: Granite Counters, Remodeled, Galley Kitchen
  • Laundry: In Closet, Outside
  • Estimated Sq Ft: 1175.00

Exterior Features

  • Construction: Stucco
  • Other Features: End Unit, Tennis Court
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground, Fenced
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Fenced
  • View: Yes

Garage/Parking

  • Parking: Assigned, Covered, Guest, Detached Carport
  • Total Covered Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Security: Gated Community
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Electric

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Water, Trash, Sewer, Cable TV
  • Association Amenities: Golf Course, Tennis Courts, Maintenance Grounds, Lake or Pond, Greenbelt/Park
  • HOA Information: Yes
  • HOA Fee 1: 420.00
  • Total Monthly Association Fees: 420.00
  • Unit Location: End Unit, Ground Floor

Lot Info

  • Assessor Parcel Number: 502574002
  • Lot Location: Near Public Transit, Park Nearby
  • Lot Size: 1307.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Dec 30, 2021
Sold by
James Michael Hartley Trust
Bought by
Conte Michael Elwood
Seller's Agent
Leonardo Montenegro
Keller Williams Luxury Homes
Buyer's Agent
Vincent D'Angerio
Town Real Estate
List Price
$450,000
Sold Price
$455,000
Premium/Discount to List
$5,000
1.11%
Current Estimated Value
$459,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,492
Avg. Annual Appreciation
0.28%
Original Mortgage
$409,500
Outstanding Balance
$378,945
Interest Rate
3.11%
Estimated Equity
$80,547

Purchase Details

Listed on
Jun 6, 2018
Closed on
Jun 8, 2018
Sold by
Olmstead Kenneth John
Bought by
Hartley James Michael
Seller's Agent
Gregory Albert
Equity Union
Buyer's Agent
Mugge & Man Associates
Bennion Deville Homes
List Price
$304,000
Sold Price
$290,000
Premium/Discount to List
-$14,000
-4.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.53%
Original Mortgage
$224,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 31, 2015
Closed on
Apr 27, 2015
Sold by
Pawlowski Longin and Pawlowska Elzbieta
Bought by
Olmstead Kenneth John
Seller's Agent
Carol Deardorff
Buyer's Agent
Robert Baeten
Desert Lifestyle Properties
List Price
$289,900
Sold Price
$273,000
Premium/Discount to List
-$16,900
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%

Purchase Details

Listed on
Oct 12, 2014
Closed on
Oct 23, 2014
Sold by
Dorrell Ronald D and Dorrell Joyce B
Bought by
Pawlowski Longin and Pawlowska Elzbieta
Seller's Agent
Geri Downs
Coldwell Banker Realty
Buyer's Agent
Carol Deardorff
Re/Max Desert Properties
List Price
$258,500
Sold Price
$258,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%

Purchase Details

Closed on
Oct 15, 1998
Sold by
Jarco and Ruth
Bought by
Dorrell Ronald D and Dorrell Joyce B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 1994
Sold by
Brodel Barbara
Bought by
Jarco Ludwik and Jarco Ruth
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $455,000 Lawyers Title
Grant Deed $280,000 Orange Coast Title Company
Grant Deed $273,000 Chicago Title
Grant Deed $258,500 Chicago Title
Grant Deed $99,000 First American Title Ins Co
Grant Deed $110,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $409,500 No Value Available
Previous Owner $224,000 New Conventional
Previous Owner $60,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2022 02/07/22 Sold $455,000 +1.1% $387 / Sq Ft
12/10/2021 12/10/21 For Sale $450,000 +55.2% $383 / Sq Ft
07/23/2018 07/23/18 Sold $290,000 -4.6% $247 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $304,000 +11.4% $259 / Sq Ft
05/08/2015 05/08/15 Sold $273,000 -2.5% $232 / Sq Ft
04/21/2015 04/21/15 Price Changed $279,900 -3.4% $238 / Sq Ft
03/31/2015 03/31/15 For Sale $289,900 +12.1% $247 / Sq Ft
10/31/2014 10/31/14 Sold $258,500 0.0% $220 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
10/12/2014 10/12/14 For Sale $258,500 -- $220 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $5,924 $801,211 $164,487 $636,724
2023 $5,924 $464,100 $158,100 $306,000
2022 $4,054 $294,328 $73,581 $220,747
2021 $3,975 $288,558 $72,139 $216,419
2020 $3,803 $285,600 $71,400 $214,200
2019 $3,740 $280,000 $70,000 $210,000
2018 $3,451 $256,670 $63,375 $193,295
2017 $3,403 $251,638 $62,133 $189,505
2016 $3,308 $246,705 $60,915 $185,790
2015 $3,359 $258,500 $64,625 $193,875
2014 $1,709 $122,755 $38,358 $84,397
Source: Public Records

Agents Affiliated with this Home

  • Leonardo Montenegro

    Seller's Agent in 2022

    Leonardo Montenegro

    Keller Williams Luxury Homes

    (760) 464-5600

    129 Total Sales

    Section Image
  • Vincent D'Angerio

    Buyer's Agent in 2022

    Vincent D'Angerio

    Town Real Estate

    (408) 807-3251

    26 Total Sales

    Section Image
  • Gregory Albert

    Seller's Agent in 2018

    Gregory Albert

    Equity Union

    (760) 831-5561

    61 Total Sales

    Section Image

  • M

    Buyer's Agent in 2018

    Mugge & Man Associates

    Bennion Deville Homes

    (760) 422-3085

    13 Total Sales

    Section Image

  • J

    Buyer Co-Listing Agent in 2018

    Joel Mugge

    Bennion Deville Homes

    (612) 728-2263

    15 Total Sales

    Section Image

  • R

    Buyer's Agent in 2015

    Robert Baeten

    Desert Lifestyle Properties

    Section Image
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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219071314

Greater Palm Springs Multiple Listing Service

APN: 502-574-002

California Riverside County Palm Springs 92264

505 S Farrell Dr Unit Q101, Palm Springs, CA

This home is located at 505 S Farrell Dr Unit Q101, Palm Springs, CA 92264 and is currently priced at $455,000, approximately $387 per square foot. This property was built in 1984. 505 S Farrell Dr Unit Q101 is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Palm Springs Multiple Listing Service 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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