1505 E Mel Ave Palm Springs, CA 92262

$396,000 Sold Price as of 10/31/2013

4 Beds
1 Baths
1,660 Sq.Ft.

Off Market

$396,000 Sold Price as of 10/31/2013 Refinance Your Mortgage

Map preview of 1505 E Mel Ave, Palm Springs, CA 92262

Property Overview: 1505 E Mel Ave Palm Springs, CA has 4 bedrooms, 1 bathrooms, 1,660 living square feet and 10,454 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1505 E Mel Ave is currently an off market home in the city of Palm Springs. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Palm Springs has a median list price of $789,999. The median price per/sqft for Palm Springs is $474. With those numbers in mind, if you are looking to purchase a median priced home in Palm Springs, CA and put 20% down you will need to save up $158,000 for the down payment and will need roughly $15,800 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Palm Springs the commission could be as much as $38,750. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1505 E Mel Ave

Last sold for $396,000 on October 31st, 2013

November, 2014
Nov 24, 2014

Date

Price Change

CRMLS: 21477929DA

$449,000

Price
Listing provided courtesy of CRMLS

Smashing 2 Bed (Originally 3 Now HUGE Master), 2 Bath Home in splendid condition located in the sexy Ruth Hardy Park area of Palm Springs, Location, Location. Living Room features terrific fireplace, flanked by single light dual pane doors leading onto covered outdoor dining patio with West facing mountain views. Formal Dining Room, Kitchen features Honed Black Granite countertops, Stainless Appliances, Self closing hi end Cabinets, Recessed lighting, Tile floor, Master Bedroom was originally TWO bedrooms, now HUGE, Gorgeous Hardwood Floors except Kitchen and Bathrooms. NEW AC and FURNACE. Tile Roof, 2 Car Garage, Another Patio at front; North facing. Great landscaping, Beautiful Exterior Stone work. Brand New Pool and Spa. Gated, Roofed, Tiled Breezeway and NOW the GIFT; an Unfinished Marvelous Very LARGE Room with 18 inch Ceramic Tile Floors, Electricity, Dual Pane Windows & French Doors built behind garage. Guest Bedroom or Office? Huge lot, Great Views. It could be yours!!

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October, 2013
Oct 31, 2013

Date

Sold (Public Records)

Public Records

$396,000

Price
August, 2013
Aug 28, 2013

Date

Price Change

CRMLS: 13696381PS

$419,000

Price
Aug 14, 2013

Date

Price Change

CRMLS: 13696381PS

$429,000

Price
Listing provided courtesy of CRMLS

REDUCED! 1946 Charmer! New pool/Spa, New AC/Heater, Updated baths, Newer Roof, Newer Windows and Doors, refinished original hardwood floors! Built as a 3 bedroom convert to a 2 bedroom over the years - seller will convert back to a 3 bedroom if desired. Huge lot in historical Movie Colony Eastwalk to Ruth Hardy and stores. Great full time residence, 2nd home, or vacation rental! Large garage with attached unfinished work room/Casita. RV parking with sewer connection. You own the land! No HOA...At this price the property is being sold in " AS IS" condition with no Additional Expense to the Seller.

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May, 2013
May 23, 2013

Date

Price Change

CRMLS: 13674527PS

$449,000

Price
Listing provided courtesy of CRMLS
September, 2012
Sep 14, 2012

Date

Sold (Public Records)

Public Records

$229,500

Price

Tax History for 1505 E Mel Ave

Assessed Value (2020): $443,699

Year	Land Value	Improved Value	Assessed Value
2020	$133,383	$310,316	$443,699

About 1505 E Mel Ave

Detailed summary of property

1505 E Mel Ave is a single family home in Palm Springs, CA 92262 and last sold on October 31, 2013 for $396,000. This house has 4 bedrooms, 1 bathrooms, roughly 1,660 living square feet, and sits on an approximately 10,454 square foot lot. Homes in Palm Springs are selling for a median price of $775,000 and a median price per square foot of $455. Based on Ardent Real Estate Group's Palm Springs Market Data, this home is sold 48.9% lower than the current median priced home. 1505 E Mel Ave was last sold on October 31, 2013 for $396,000. Local nearby listings include 25546 Amanda St, 25597 Pacific St and 25226 Court St. The average home in Palm Springs, CA is selling in 108 days. There are currently 895 homes for sale in the Palm Springs real estate market and 453 of them are single family homes while 426 of them are condos and 16 are townhomes. If you are the homeowner and looking to sell the home at 1505 E Mel Ave Palm Springs, CA 92262 contact Ardent Real Estate Group and we will put you in touch with one of our Palm Springs agents.

Public Facts for 1505 E Mel Ave

Public county record property details

Beds: 4
Baths: 1
Year built: 1946
Sq. Ft.: 1,660
Lot Size: 10,454
Stories: 1

Type: Single Family Residential
Pool: Yes
Spa: No
County: Riverside
Lot#: 17
APN: 507-122-009

The source for these homes facts are from public records.

92262 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$849,000

Median List Price/Sq.Ft.

$496

Median Sold Price

$750,000

Median Sold Price/Sq.Ft.

$472

Total Inventory

503

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (15.6%), FHA (2.75%), VA (1.83%), Cash (38.53%), Other (14.68%)

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