NOT LISTED FOR SALE

Estimated Value: $879,158 - $1,710,000

3 Beds
3 Baths
1,290 Sq Ft
$878/Sq Ft Est. Value

About This Home

This home is located at 694 E Mel Ave, Palm Springs, CA 92262 and is currently estimated at $1,133,040, approximately $878 per square foot. 694 E Mel Ave is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2000
Sold by
Elliott Larry W
Bought by
Otto Nathan F and Otto Gina K
Current Estimated Value
$1,133,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
8%

Purchase Details

Closed on
Feb 18, 1999
Sold by
Murray Lillian P and Murray Lydia
Bought by
Elliott Larry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,800
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 11, 1996
Sold by
Murray Lillian P
Bought by
Murray Lillian and Murray Lydia
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Otto Nathan F $325,000 Chicago Title Co
Elliott Larry W $218,000 First American Title Co
Murray Lillian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otto Nathan F $100,000
Open Otto Nathan F $300,000
Closed Otto Nathan F $75,000
Closed Otto Nathan F $282,100
Closed Otto Nathan F $286,090
Closed Otto Nathan F $287,000
Closed Otto Nathan F $290,000
Closed Otto Nathan F $290,000
Previous Owner Elliott Larry W $21,800
Previous Owner Elliott Larry W $174,400
Source: Public Records

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 $6,149 $500,504 $75,325 $425,179
2023 $6,149 $481,071 $72,401 $408,670
2022 $6,268 $471,639 $70,982 $400,657
2021 $6,141 $462,392 $69,591 $392,801
2020 $5,868 $457,652 $68,878 $388,774
2019 $5,767 $448,679 $67,528 $381,151
2018 $5,540 $430,382 $66,204 $364,178
2017 $5,457 $421,944 $64,906 $357,038
2016 $5,298 $413,672 $63,634 $350,038
2015 $4,775 $382,000 $59,000 $323,000
2014 $4,192 $332,000 $51,000 $281,000
Source: Public Records

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