$258,500
SOLD OCT 31, 2014

505 S Farrell Dr Unit Q101 Palm Springs, CA 92264

2 Beds
2 Baths
1,175 Sq Ft
$380/mo HOA Fee

Recently Sold

$220 Per Sq Ft

12 Days on Market

Highlights

  • Golf Course Community
  • In Ground Pool
  • Golf Course View
  • Palm Springs High School Rated A-
  • Gated Community
  • End Unit

About This Home

As of February 2022

VERY DESIREABLE single story VILLA (no one above you), 2BD/2BA GORGEOUS and STUNNING Private setting! Magnificent Mountain and Golf Course Views from the Formal Dining Room and Kitchen Window. The condo has been completely remodeled with beautiful granite countertops, newer cabinets and custom shutters throughout. Louvered door separates the 2nd bedroom and remodeled bath into its own like suite! In the master bathroom an Aqua Spa'' walk-in shower was added along with 2 sinks, cabinets and mirrors! Kitchen is equipped with newer appliances. A glassed Bar Area with wine racks and storage was added for entertaining. Ceiling fans and tiled floors throughout most of the home. New AC installed in 2014! When it comes to enjoying the outside you can relax (or entertain) on your tiled patio area in a private setting. FEE LAND (own the land). Golf Course gated community which is close to Downtown Palm Springs!

Last Agent to Sell the Property

Geri Downs

Coldwell Banker Realty License #01354621 Listed on: 10/12/2014

Coldwell Banker Realty

Co-Listed By

The Downs Team

Coldwell Banker Realty License #02071119

Last Buyer's Agent

Carol Deardorff

Re/Max Desert Properties License #00981272

Re/Max Desert Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,924

Year Built

  • Built in 1984

Lot Details

  • End Unit

HOA Fees

  • $380 Monthly HOA Fees

Property Views

  • Golf Course
  • Mountain

Home Design

  • Tile Roof

Interior Spaces

  • 1,175 Sq Ft Home
  • 1-Story Property
  • Shutters
  • Living Room
  • Dining Room
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • 2 Car Parking Spaces

Pool

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 502574002

Community Details

Overview

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

Recreation

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

Pet Policy

  • Pet Restriction

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,924

Year Built

Built in 1984

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Ground Level, No Unit Above, One
  • Builders Tract Code: Mesquite Country Clu
  • Entry Floor: 1
  • Included In Sale: Washer, Dryer, Refrigerator included.
  • List Price per Sq Ft: 220.00
  • Lp Sp Ratio: 1.0000
  • View Type: Golf Course, Mountain(s)
  • Year Built: 1984
  • Co Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Co Listing Member Fax: (760) 766-1666
  • Co Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Co Listing Office Fax: (760) 776-1666
  • Listing I D: 214084036
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Member Fax: (760) 776-1666
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Selling Member Address: 333 N Palm Canyon Drive, Suite 102, Palm Springs, CA 92262
  • Selling Member Fax: (760) 770-8440
  • Selling Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Selling Office Fax: (760) 776-1666
  • Street Direction: S
  • Land Type: Fee
  • Subdivision: Mesquite Country Club
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Dishwasher
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry: In Closet, Outside
  • Estimated Sq Ft: 1175.00
  • Windows Treatments: Shutters

Exterior Features

  • Roofing: Tile
  • Pool: Yes
  • Pool Accessories: Safety Fence
  • Pool Construction: In Ground
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Total Carport Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Card/Code Access

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Trash, Cable TV, Clubhouse
  • Association Amenities: Controlled Access, Tennis Courts, Racquetball, Pet Rules, Maintenance Grounds, Greenbelt/Park, Golf Course
  • HOA Information: Yes
  • HOA Fee 1: 380.00
  • Total Monthly Association Fees: 380.00
  • Unit Location: End Unit, Outside Unit

Lot Info

  • Assessor Parcel Number: 502574002
  • Lot Acres: 0.0300
  • Lot Size: 1307.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

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

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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: California Desert Association of REALTORS®

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

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214084036

California Desert Association of REALTORS®

APN: 502-574-002