new - 6 days on rocket

505 S Farrell Dr Unit I53, Palm Springs, CA, 92264

$339,000

Home List Price

$4,026*

Closing Credit

1 Bedroom
1 Full Bath
797 SqFt
$425/SqFt
Condo

Location

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505 S Farrell Dr Unit I53, Palm Springs$339,000

Buyer Closing Credits

$4,026*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Detached Carport, Guest, Unassigned, Uncovered
Year Built1985
HeatingCentral, Forced Air
FireplaceNone
ViewMountain(s), Pool
MLS #24460775
StatusActive

About 505 S Farrell Dr Unit I53

Light, bright and airy, in the heart of Palm Springs, this hidden gem offers the perfect permanent residence, vacation getaway, or income property. Located in desirable Mesquite Country Club, this one bedroom/one bath condo is both private and close to everything. Stunning mountain views from the back patio. Sparkling pool and spa right around the corner from this unit. This condo boasts many newer upgrades from beautiful ceramic floor tiles throughout to all stainless steel appliances in the recently renovated kitchen. The bathroom has a walk-in shower, sink and vanity with marble top. Furnished per inventory, this condo is well stocked with cookware, dishware, linens and towels. HOA covers water, trash, cable and internet. Property is on fee simple land (not leased). Mesquite Country Club offers sparkling pools, spas, tennis courts, biking trails, secure gate access and short term vacation rentals (7 day minimum). This condo sleeps four with pull out sofa in living room. It's close to downtown Palm Springs with restaurants, theaters, coffee shops, hiking trails, horseback riding, golf, unique shops and galleries. This is your opportunity to own a piece of Palm Springs.

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Stories: 2
  • Living Area: 797 SqFt

Listing Office:

  • Office Name: Bennion Deville Homes
  • Office Phone: (760) 459-0057
  • Listing Agent: Robert Garcia

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Interior: Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s), Pool

Parking Information:

  • Attached Garage: No
  • Parking: Covered, Detached Carport, Guest, Unassigned, Uncovered

Utilities

Utilities Information:

  • Heating: Central, Forced Air

Other

Directions Information:

  • Directions: From Ramon take Farrell South to first set of gates on your right. Once inside gate, turn right to first parking lot. Unit is to the back of the parking lot on left side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $339,000
  • Price Per SqFt: $425/SqFt

HOA Fees:

  • Amount: $499
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,898
  • 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

$647K

Med. Price/SqFt

$422

Avg. Days On Market

57

# of Sold Homes

90

505 S Farrell Dr Unit I53 vs Palm Springs

6 DAYS ON ROCKET

-51 Days

$339,000

-$308K Less

$425/SqFt

+$3 More

KEY TAKEAWAY

This property is $308K less than the Median Sold Price and $3/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: #24460775

Listing Office:

  • Office Name: Bennion Deville Homes
  • Office Phone: (760) 459-0057
  • Listing Agent: Robert Garcia

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: 11/15/2024, 2:20:56 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

May 03, 2002Home Sold
$88,000
Aug 09, 1991Home Sold
$80,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,898$133,735
2020$1,898$132,354
2018$1,838$127,217
2017$1,767$124,723

History based on county public records data.

Payment Calculator

$2,258

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,083

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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-437274
6
/10

  • Cahuilla Elementary School

  • 833 E Mesquite Ave

  • 1.23 miles

  • Public District Grades KG-5

school-card-donut-437275
2
/10

  • Agua Caliente Elementary School

  • 30800 San Luis Rey Dr

  • 1.79 miles

  • Public District Grades KG-5

school-card-donut-437276
5
/10

  • Katherine Finchy Elementary School

  • 777 E Tachevah Dr

  • 1.87 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 $54,375. The majority of Palm Springs, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 S Farrell Dr Unit I53

What is the listing price of this property?

The listing price of 505 S Farrell Dr Unit I53 property is $339,000.

What type of property is this?

The property 505 S Farrell Dr Unit I53 is a condo located in Palm Springs, California, 92264.

Is this property for sale now?

Active Listing: 505 S Farrell Dr Unit I53 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 $1,898 (source: MLS/based on county public records data).

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

The last sale was on May 3, 2002 for $88,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 505 S Farrell Dr Unit I53 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 505 S Farrell Dr Unit I53 is 797 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 S Farrell Dr Unit I53 is 1985.

Rocket Homes›California›Riverside County›Palm Springs›92264›505 S Farrell Dr Unit I53

This home is located at 505 S Farrell Dr Unit I53 in Palm Springs, CA and zip code 92264 in the Sonora Sunrise neighborhood. This 797 square foot home was built in 1985. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $339,000.

Palm Springs, CA housing market in October 2024 saw over 11 listings sold above listed price, more than 19 sold at listed price and over 60 sold below. The number of listings in Palm Springs, CA increased by 25.9% between September 2024 and October 2024. While the average time on the market in October 2024 was 57 days, the median list price was $647,000.

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

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