new - 6 days on rocket

494 N Monterey Rd, Palm Springs, CA, 92262

$875,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
1,647 SqFt
$531/SqFt
House

Location

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494 N Monterey Rd, Palm Springs$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Driveway, Garage
Garage2 spaces
Year Built1965
HeatingCentral
FireplaceGas, Living Room
ViewNone
MLS #24475311
Lot Size0.24 Acres
StatusActive

About 494 N Monterey Rd

Welcome to 494 N. Monterey Rd., a hidden gem situated on a spacious corner lot in the desirable Sunrise Park neighborhood. This 4-bedroom, 2.5-bathroom home offers 1,647 square feet of living space on an expansive lot, or provides endless possibilities for investors or homeowners looking to create their dream space. The property features a garage and ample parking, perfect for multiple vehicles or storage needs. The spacious backyard, with an empty deep pool and hot tub, is a blank canvas ready for your vision. Move in or design your ideal outdoor retreat. Whether planning a fix & flip project or seeking an income-generating rental property, this home offers excellent potential. The interior layout is ready for modern updates and customization to suit your style. This is a trust sale offered in as-is condition, but no court confirmation is required making the buying process straightforward. Bring highest and best, "as is" offers, with verification of funds and short or no contingencies. No repairs or cash credits. Broker/Agent does not guarantee the accuracy of square footage, lot size, zoning, permits, use code, schools and/or other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all information. Don't miss this opportunity to invest in a corner lot property with great bones, a prime location, and fantastic upside potential. Schedule your viewing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century Modern
  • Year Built: 1965
  • Stories: 1
  • Living Area: 1,647 SqFt

Listing Office:

  • Office Name: Estates & Trusts Realty, Inc
  • Office Phone: (310) 930-9200
  • Listing Agent: Jody Katz

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal
  • Flooring Type: Tile
  • Interior: Ceiling Fan(s)
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Door-Multi, Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Central

Other

Directions Information:

  • Directions: From Palm Springs Airport, take El Cielo Rd and E Tahquitz Canyon Way to N Farrell Dr 2 min (0.7 mi) - Follow N Farrell Dr to Alejo Rd. - Turn left at the 1st cross street onto N Monterey Rd. Destination will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
  • Price Per SqFt: $531/SqFt

Tax Information:

  • Annual Amount: $5,254
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palm Springs, CA.

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Palm Springs, CA

City

Med. Sold Price

$641.7K

Med. Price/SqFt

$422

Avg. Days On Market

55

# of Sold Homes

87

494 N Monterey Rd vs Palm Springs

6 DAYS ON ROCKET

-49 Days

$875,000

+$233.3K More

$531/SqFt

+$108 More

KEY TAKEAWAY

This property is $233.3K more than the Median Sold Price and $108/SqFt more than other homes in Palm Springs, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24475311

Listing Office:

  • Office Name: Estates & Trusts Realty, Inc
  • Office Phone: (310) 930-9200
  • Listing Agent: Jody Katz

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 7:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 16, 2009Home Sold
$340,000
Jun 12, 2009Home Sold
$159,924

Tax History

YEARPROP. TAXASSESSMENT
2021$5,254$405,446
2020$5,253$401,289
2018$5,069$385,708
2017$4,852$378,146

History based on county public records data.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-759488
5
/10

  • Katherine Finchy Elementary School

  • 777 E Tachevah Dr

  • 1.20 miles

  • Public District Grades KG-5

school-card-donut-759489
2
/10

  • Agua Caliente Elementary School

  • 30800 San Luis Rey Dr

  • 1.73 miles

  • Public District Grades KG-5

school-card-donut-759490
6
/10

  • Cahuilla Elementary School

  • 833 E Mesquite Ave

  • 1.89 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,979. Residents of Palm Springs, CA typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 494 N Monterey Rd

What is the listing price of this property?

The listing price of 494 N Monterey Rd property is $875,000.

What type of property is this?

The property 494 N Monterey Rd is a house located in Palm Springs, California, 92262.

Is this property for sale now?

Active Listing: 494 N Monterey Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,254 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 16, 2009 for $340,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 494 N Monterey Rd has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 494 N Monterey Rd is 1,647 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 494 N Monterey Rd is 1965.

Rocket Homes›California›Riverside County›Palm Springs›92262›494 N Monterey Rd

This home is located at 494 N Monterey Rd in Palm Springs, CA and zip code 92262 in the Sunrise Park neighborhood. This 1,647 square foot home, which was built in 1965, sits on a 0.24 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 31, 2024 and is currently priced at $875,000.

Over 4 listings were sold over their listed price in December 2024 in Palm Springs, CA. In the same period over 66 listings were sold below the listed price and 17 listings were sold for the listed price. Between November 2024 and December 2024, Palm Springs, CA real estate market has seen increase in the number of listings by 2.7%. In December 2024 median list price was $641,700 and the average listing age was 55 days.

From Rocket Homes Real Estate and based on county public records data.

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