NOT LISTED FOR SALE

601 N Farrell Dr Palm Springs, CA 92262

Oasis del Sol Neighborhood

Estimated Value: $797,937 - $1,155,000

3 Beds
2 Baths
1,304 Sq Ft
$718/Sq Ft Est. Value

Last Sold May 09, 2014

Last sale price $390,000 $299 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $5,602/month

73 Days on Market

About This Home

As of May 2014

This Mid-Century Meiselman in the central Palm Springs neighborhood of Sunrise Park awaits you and your vision. A three bedroom, two bath home with a two car (plus bonus parking) garage, solar panels, misting system and great flow to the back yard. This home has been used as a vacation rental but can easily be the primary home. Pool and west mountain views are the norm here in this home with classic 1950's architecture. Plenty of space to entertain outdoors, where the homeowner will find a covered patio, a lush side yard and citrus trees, along with a separate, much more private patio tucked behind the master bedroom. Inside there are open-beam ceilings and an efficient floor plan. The third guest room provides a Murphy bed, allowing for many uses of the room, and the garage has a bonus addition, enough room for covered parking for a small car. Vacation Rental income is $29,600 per year. Calendar of annual bookings available upon request.

Last Agent to Sell the Property

Ryan Cummings

Sotheby's International Realty License #01415106 Listed on: 01/20/2014

Sotheby's International Realty

Co-Listed By

John Moore

Sotheby's International Realty License #01923013

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,999

Year Built

1960

Lot Details

0

Parking

3

Listing Details

  • Active Date: 2014-01-20
  • Full Bathroom: 2
  • Building Size: 1304.0
  • Building Structure Style: Mid Century
  • Driving Directions: From Alejo head east on Farrell.
  • Full Street Address: 601 N FARRELL DR
  • Pool Construction: In Ground
  • Primary Object Modification Timestamp: 2015-09-25
  • Property Condition: Repair Cosmetic
  • Total Number of Units: 1
  • View Type: Mountain View, Pool View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Appliances: Range Hood
  • Advertising Remarks: This Mid-Century Meiselman in the central Palm Springs neighborhood of Sunrise Park awaits you and your vision. A three bedroom, two bath home with a two car (plus bonus parking) garage, solar panels, misting system and great flow to the back yard. This
  • Total Bedrooms: 3
  • Builders Tract Code: 5830
  • Builders Tract Name: SUNRISE PARK
  • Fireplace: Yes
  • Levels: One Level
  • Interior Amenities: Furnished
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Floor Material: Carpet
  • Laundry: Laundry Area In Unit
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 10019
  • Common Walls: Detached/No Common Walls
  • Patio: Covered

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Type: Garage - Three Door

Utilities

  • Sewer: In Street Paid
  • Cooling Type: Air Conditioning
  • Heating Type: Central Furnace
  • Security: Prewired for alarm system

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2019
Sold by
Catterlin Kenneth A and Root Thomas D
Bought by
Catterlin Kenneth A and Root Thomas D
Current Estimated Value
$936,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,600
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2015
Sold by
Catterlin Kenneth A and Root Thomas D
Bought by
The Catterlin Root Revocable Living Trus

Purchase Details

Listed on
Jan 20, 2014
Closed on
Apr 10, 2014
Sold by
Seibert Clay and Golden John R
Bought by
Catterlin Kenneth A and Root Thomas D
Seller's Agent
Ryan Cummings
Sotheby's International Realty
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$429,000
Sold Price
$390,000
Premium/Discount to List
-$39,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$210,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2003
Sold by
Schara Bernard L and Schara Carol J
Bought by
Siebert Clay and Golden John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,300
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1994
Sold by
Schara Bernard L and Schara Carol J
Bought by
Schara Bernard L and Schara Carol J

Purchase Details

Closed on
Oct 4, 1993
Sold by
Schara Bernard L and Schara Carol J
Bought by
Schara Bernard L and Schara Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Catterlin Kenneth A -- American Coast Title Company
The Catterlin Root Revocable Living Trus -- None Available
Catterlin Kenneth A $390,000 Chicago Title Company
Siebert Clay $317,000 Southland Title Corporation
Schara Bernard L -- --
Schara Bernard L -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Catterlin Kenneth A $254,300
Previous Owner Catterlin Kenneth A $257,600
Previous Owner Catterlin Kenneth A $275,000
Previous Owner Catterlin Kenneth A $210,000
Previous Owner Siebert Clay $253,751
Previous Owner Siebert Clay $285,300
Previous Owner Schara Bernard L $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2014 05/09/14 Sold $390,000 -2.3% $299 / Sq Ft
02/15/2014 02/15/14 Price Changed $399,000 -7.0% $306 / Sq Ft
01/20/2014 01/20/14 For Sale $429,000 -- $329 / Sq Ft
Source: Palm Springs Regional 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 $5,999 $487,917 $143,417 $344,500
2023 $5,999 $468,973 $137,849 $331,124
2022 $6,115 $459,779 $135,147 $324,632
2021 $5,991 $450,765 $132,498 $318,267
2020 $8,770 $446,144 $131,140 $315,004
2019 $8,561 $428,573 $128,569 $300,004
2018 $8,458 $420,171 $126,050 $294,121
2017 $8,377 $411,933 $123,579 $288,354
2016 $8,222 $403,856 $121,156 $282,700
2015 $4,966 $397,791 $119,337 $278,454
2014 $4,714 $367,652 $110,292 $257,360
Source: Public Records

Agents Affiliated with this Home

  • Ryan Cummings

    Seller's Agent in 2014

    Ryan Cummings

    Sotheby's International Realty

    (760) 409-0129

    1 in this area

    86 Total Sales

    Ryan Cummings
    Section Image
  • John Moore

    Seller Co-Listing Agent in 2014

    John Moore

    Sotheby's International Realty

    (760) 774-9614

    1 in this area

    46 Total Sales

    John Moore
    Section Image

  • N

    Buyer's Agent in 2014

    NonMember AgentDefault

    NonMember OfficeDefault

See All Agents

Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 14-730691PS

APN: 507-372-006

California Riverside County Palm Springs 92262 Oasis del Sol

601 N Farrell Dr, Palm Springs, CA

This home is located at 601 N Farrell Dr, Palm Springs, CA 92262 since 20 January 2014 and is currently estimated at $936,234, approximately $717 per square foot. This property was built in 1960. 601 N Farrell Dr is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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