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505 S Farrell Dr Unit G42, Palm Springs, CA, 92264

$389,000

Home List Price

$4,619*

Closing Credit

2 Bedrooms
2 Full Baths
1,175 SqFt
$331/SqFt
Condo
Schools Nearby

Location

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505 S Farrell Dr Unit G42, Palm Springs$389,000

Buyer Closing Credits

$4,619*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDetached Carport, Guest, One Space
Year Built1984
HeatingCentral
FireplaceNone
ViewMountain(s), Pool
MLS #24372371
StatusActive

About 505 S Farrell Dr Unit G42

Discover the draw of the Mesquite Country Club condo, set on FEE SIMPLE land! This second-level unit boasts a spacious living room and primary suite with high ceilings, a large built-in vanity, dressing area, and Primary full bathroom. Sliding glass doors lead to a spacious patio deck offering stunning views of the mountains, greenbelt, tennis courts, and pools; perfect for enjoying beautiful sunsets. The open floor plan features a kitchen that opens up to the dining room. The second bedroom has its own separate patio deck overlooking the fountain in the roundabout. Tile flooring, recessed lighting, and central air, comfort abounds. The kitchen is equipped with an electric range, refrigerator, dishwasher, and microwave. HOA amenities include Wi-Fi, cable, internet, pool, spa, tennis courts, gas, water, and trash. Palm Springs offers endless entertainment options including the Prescott Land Preserve walking trails! This is FEE SIMPLE LAND (you own)!!! Plus, this unit can be utilized as a minimum 7-day vacation rental with a permit (check with the City to verify), making it an ideal investment property. AND, it is delivered TURN-KEY FURNISHED.

Property Details

Property Features

Property Information:

  • Year Built: 1984
  • Stories: 2
  • Living Area: 1,175 SqFt

Listing Office:

  • Office Name: Keller Williams Luxury Homes
  • Office Phone: (760) 322-2286
  • Listing Agent: Robert Kalin

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Tile
  • Interior: Ceiling Fan(s), Dressing Area
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

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

Parking Information:

  • Attached Garage: No
  • Parking: Detached Carport, Guest, One Space

Utilities

Utilities Information:

  • Heating: Central

School Info

Assigned Schools Information:

  • Palm Springs High School, Public District Grades 9-12
  • Raymond Cree Middle School, Public District Grades 6-8
  • Cahuilla Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: SW corner or Farrell Ramon. Enter gates, veer right. At roundabout, unit is directly over the pool

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,000
  • Price Per SqFt: $331/SqFt

HOA Fees:

  • Amount: $497
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,676
  • 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

$635.1K

Med. Price/SqFt

$420

Avg. Days On Market

56

# of Sold Homes

138

505 S Farrell Dr Unit G42 vs Palm Springs

32 DAYS ON ROCKET

-24 Days

$389,000

-$246.1K Less

$331/SqFt

-$90 Less

KEY TAKEAWAY

This property is $246.1K less than the Median Sold Price and $90/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: #24372371

Listing Office:

  • Office Name: Keller Williams Luxury Homes
  • Office Phone: (760) 322-2286
  • Listing Agent: Robert Kalin

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: 4/28/2024, 12:25:20 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

Apr 12, 2019Home Sold
$270,000
Sep 04, 2007Home Sold
$250,000
Jan 02, 2004Home Sold
$187,000
Mar 20, 2001Home Sold
$142,500
Mar 04, 1998Home Sold
$77,500

Tax History

YEARPROP. TAXASSESSMENT
2021$3,676$278,253
2020$3,675$275,400
2018$3,230$239,000
2017$3,052$231,000

History based on county public records data.

Payment Calculator

$2,506

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,233

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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.

Elementary School

school-card-donut-1766045
4
/10

  • Cahuilla Elementary School

  • 833 E Mesquite Ave

  • 1.25 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1766046
4
/10

  • Raymond Cree Middle School

  • 1011 E Vista Chino

  • 2.24 miles

  • Public District Grades 6-8

High School

school-card-donut-1766047
6
/10

  • Palm Springs High School

  • 2401 E Baristo Rd

  • 0.31 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,375. The most common annual income of people living in Palm Springs, CA is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 S Farrell Dr Unit G42

What is the listing price of this property?

The listing price of 505 S Farrell Dr Unit G42 property is $389,000.

What type of property is this?

The property 505 S Farrell Dr Unit G42 is a condo located in Palm Springs, California, 92264.

Is this property for sale now?

Active Listing: 505 S Farrell Dr Unit G42 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 505 S Farrell Dr Unit G42 are:
Cahuilla Elementary School: GreatSchools Rating 4/10
Raymond Cree Middle School: GreatSchools Rating 4/10
Palm Springs High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,676 (source: MLS/based on county public records data).

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

The last sale was on April 12, 2019 for $270,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 505 S Farrell Dr Unit G42 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 505 S Farrell Dr Unit G42 is 1,175 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 S Farrell Dr Unit G42 is 1984.

Rocket Homes›California›Riverside County›Palm Springs›92264›505 S Farrell Dr Unit G42

This home is located at 505 S Farrell Dr Unit G42 in Palm Springs, CA and zip code 92264 in the Sonora Sunrise neighborhood. This 1,175 square foot home was built in 1984. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $389,000.

Over 13 listings were sold over their listed price in March 2024 in Palm Springs, CA. In the same period over 93 listings were sold below the listed price and 32 listings were sold for the listed price. The number of listings in Palm Springs, CA increased by 7.7% between February 2024 and March 2024. In March 2024 median list price was $635,164 and the average listing age was 56 days.

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

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