10 days on rocket

505 S Farrell Dr Unit Q105, Palm Springs, CA, 92264

$319,000

Home List Price

$3,788*

Closing Credit

1 Bedroom
1 Full Bath
797 SqFt
$400/SqFt
Condo

Location

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505 S Farrell Dr Unit Q105, Palm Springs$319,000

Buyer Closing Credits

$3,788*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Detached Carport, Community Structure, Unassigned
Year Built1985
HeatingElectric, Forced Air, Heat Pump
CoolingElectric, Heat Pump
ViewMountain(s)
Private PoolYes
MLS #219121708DA
Lot Size0.03 Acres
StatusActive

About 505 S Farrell Dr Unit Q105

This delightful condo, located in the highly sought-after gated community of Mesquite Country Club, offers the perfect combination of charm and practicality. Impeccably clean and well-maintained, this home is ideal as an investment property, a Palm Springs retreat, or a full-time residence. The home features two outdoor patios--one at the front and one at the rear--allowing you to enjoy the stunning views of the San Jacinto Mountains and the lush green spaces that surround the property. Within the community, residents can take advantage of multiple pools, spas, and courts for tennis and pickleball. Short-term rentals are permitted with a 7-day minimum, making this an excellent opportunity for those seeking rental income. The HOA provides exceptional value by covering water, sewer, trash, building maintenance, cable TV, and internet. Located just minutes from the vibrant dining, shopping, and entertainment of Palm Springs, this condo offers the perfect gateway to the desert lifestyle.

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 1985
  • Stories: 2
  • Living Area: 797 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Flooring Type: Carpet, Tile
  • Interior: Breakfast Bar, Living Room Deck Attached, Partially Furnished, Bedroom on Main Level

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s)

Parking Information:

  • Attached Garage: No
  • Parking: Covered, Detached Carport, Community Structure, Unassigned

Lot Features

Lot Information:

  • Lot: Greenbelt, Lawn, Landscaped
  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Electric, Heat Pump

Other

Directions Information:

  • Directions: Ramon Road to South Farrell Drive Cross Street: Ramon Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $319,000
  • Price Per SqFt: $400/SqFt

HOA Fees:

  • Amount: $507
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,738
  • 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

505 S Farrell Dr Unit Q105 vs Palm Springs

10 DAYS ON ROCKET

-45 Days

$319,000

-$322.7K Less

$400/SqFt

-$23 Less

KEY TAKEAWAY

This property is $322.7K less than the Median Sold Price and $23/SqFt less 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: #219121708DA

Listing Office:

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

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: 1/7/2025, 10:21:01 AM 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 21, 2020Home Sold
$179,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,738$179,000
2020$1,738$119,497
2018$1,684$114,859
2017$1,620$112,608

History based on county public records data.

Payment Calculator

$2,167

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,023

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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-881076
6
/10

  • Cahuilla Elementary School

  • 833 E Mesquite Ave

  • 1.23 miles

  • Public District Grades KG-5

school-card-donut-881077
2
/10

  • Agua Caliente Elementary School

  • 30800 San Luis Rey Dr

  • 1.79 miles

  • Public District Grades KG-5

school-card-donut-881078
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. Typical income of Palm Springs, CA residents is between $35k-100k annually. Most families are single, no kids. 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 505 S Farrell Dr Unit Q105

What is the listing price of this property?

The listing price of 505 S Farrell Dr Unit Q105 property is $319,000.

What type of property is this?

The property 505 S Farrell Dr Unit Q105 is a condo located in Palm Springs, California, 92264.

Is this property for sale now?

Active Listing: 505 S Farrell Dr Unit Q105 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 $1,738 (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 21, 2020 for $179,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 505 S Farrell Dr Unit Q105 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 505 S Farrell Dr Unit Q105 is 797 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 S Farrell Dr Unit Q105 is 1985.

Rocket Homes›California›Riverside County›Palm Springs›92264›505 S Farrell Dr Unit Q105

This home is located at 505 S Farrell Dr Unit Q105 in Palm Springs, CA and zip code 92264 in the Sonora Sunrise neighborhood. This 797 square foot home, which was built in 1985, sits on a 0.03 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since December 27, 2024 and is currently priced at $319,000.

In December 2024, from all listings sold in Palm Springs, CA there were more than 4 sold above asking price, over 66 sold below and more than 17 were sold right at the asked price. The number of listings in Palm Springs, CA increased by 2.7% between November 2024 and December 2024. While the average time on the market in December 2024 was 55 days, the median list price was $641,700.

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

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