1525 E Mel Ave Palm Springs, CA 92262

$729,000 Sold Price as of 03/16/2020

3 Beds
1 Baths
1,484 Sq.Ft.

Off Market

$729,000 Sold Price as of 03/16/2020 Refinance Your Mortgage

Map preview of 1525 E Mel Ave, Palm Springs, CA 92262

Property Overview: 1525 E Mel Ave Palm Springs, CA has 3 bedrooms, 1 bathrooms, 1,484 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

1525 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 $718,000. The median price per/sqft for Palm Springs is $458. 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 $143,600 for the down payment and will need roughly $14,360 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 $29,500. 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 1525 E Mel Ave

Last sold for $729,000 on March 16th, 2020

March, 2020
Mar 17, 2020

Date

Sold

CRMLS: 219031255DA

$729,000

Price
Feb 17, 2020

Date

Active Under Contract

CRMLS: 219031255DA

$739,000

Price
Feb 4, 2020

Date

Active

CRMLS: 219031255DA

$739,000

Price
Jan 27, 2020

Date

Active Under Contract

CRMLS: 219031255DA

$739,000

Price
Jan 23, 2020

Date

Price Change

CRMLS: 219031255DA

$739,000

Price
Dec 2, 2019

Date

Price Change

CRMLS: 219031255DA

$749,000

Price
Nov 14, 2019

Date

Price Change

CRMLS: 219031255DA

$755,000

Price
Nov 4, 2019

Date

Price Change

CRMLS: 219031255DA

$765,000

Price
Oct 5, 2019

Date

Active

CRMLS: 219031255DA

$774,000

Price
Listing provided courtesy of CRMLS

This fantastic 1952 MCM gem is Hollywood picture perfect AND located in the central Palm Springs neighborhood of Movie Colony East. Low maintenance, mature desert landscaping in the front yard gives way to a beautiful, lush-lawn flanked pool and spa in the backyard. (Can you see yourself while away the hours poolside soaking in sun and rich mountain views? Or maybe enjoying the fire pit on cool autumn evenings? We're talking LUX-U-RAY!)

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March, 2020
Mar 16, 2020

Date

Sold (Public Records)

Public Records

$729,000

Price
December, 2015
Dec 16, 2015

Date

Sold (Public Records)

Public Records

$552,000

Price
October, 2015
Oct 17, 2015

Date

Price Change

CRMLS: 15940065PS

$569,000

Price
Sep 18, 2015

Date

Price Change

CRMLS: 15940065PS

$579,000

Price
Listing provided courtesy of CRMLS

Here is your chance to own a move-in ready home in the much sought after Movie Colony East/Ruth Hardy Park neighborhood. This mid century atomic ranch style home boasts of two bedrooms and a den that can be made into an office or third bedroom. The extensive list of renovations include spa, re plastered and refinished pool, all pool equipment, added salt water system, pool decking, custom kitchen cabinets, kitchen island, granite countertops, stainless steel appliances, custom built in bedroom closet, refinished concrete floors and landscaping. The in ground pool, spa, and firepit are south-facing overlooking the expansive yard with mountain views. Best of all, you are in central Palm Springs! Furniture is available outside of escrow.

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November, 2014
Nov 24, 2014

Date

Price Change

CRMLS: 21474327DA

$399,900

Price
Listing provided courtesy of CRMLS

ALARM is ON. Contingent on successful cancellation of existing escrow. REDUCED..Smashing House...Smashing Price...3 Bed, 2 Bath, Fab 60ies Swedish Fireplace,Pool, Spa, Firepit, HUGE Mountain views..Beautifully rehabbed in loft/industrial/urban chic style with exposed ducting, gorgeous polished concrete floors and sunken dining/sitting area. Bank of single light doors lead to huge pool and all located in Movie Colony East/Ruth Hardy Park...you will not find a better sexier deal in todays market.

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November, 2014
Nov 24, 2014

Date

Price Change

CRMLS: 21470973DA

$425,000

Price
Listing provided courtesy of CRMLS

Complete remodel, midcentury home with sparkling pool and spa, back patio and yard faces south for that perfect south and west mountain view...high ceilings, decorated modern urban style, large carport and long driveway, polished cement floors throughout; central Ruth Hardy/East Movie Colony location, new bathroom tiles and fixtures, new dishwasher and stove, new hot water heater, new AC, new wood patio cover, new wood fence on two sides, new double pane windows; lots of things are new-new-new...extra bonus room with private bath could be office, den, or guest room

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Tax History for 1525 E Mel Ave

Assessed Value (2020): $597,500

Year	Land Value	Improved Value	Assessed Value
2020	$179,249	$418,251	$597,500

About 1525 E Mel Ave

Detailed summary of property

1525 E Mel Ave is a single family home in Palm Springs, CA 92262 and last sold on March 16, 2020 for $729,000. This house has 3 bedrooms, 1 bathrooms, roughly 1,484 living square feet, and sits on an approximately 10,454 square foot lot. Homes in Palm Springs are selling for a median price of $590,000 and a median price per square foot of $412. Based on Ardent Real Estate Group's Palm Springs Market Data, this home is sold 23.56% higher than the current median priced home. 1525 E Mel Ave was last sold on March 16, 2020 for $729,000. Local nearby listings include 20858 Bakal Dr, 7012 Newbury Ave and 5945 Mckinley Ave. The average home in Palm Springs, CA is selling in 130 days. There are currently 769 homes for sale in the Palm Springs real estate market and 397 of them are single family homes while 358 of them are condos and 14 are townhomes. If you are the homeowner and looking to sell the home at 1525 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 1525 E Mel Ave

Public county record property details

Beds: 3
Baths: 1
Year built: 1952
Sq. Ft.: 1,484
Lot Size: 10,454
Stories: 1

Type: Single Family Residential
Pool: Yes
Spa: No
County: Riverside
Lot#: 16
APN: 507-122-010

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

$785,000

Median List Price/Sq.Ft.

$472

Median Sold Price

$637,500

Median Sold Price/Sq.Ft.

$445

Total Inventory

468

Median Sale to List Price %

98.84%

Avg Days on Market

Loan Type

Conventional (26.92%), FHA (1.92%), VA (0%), Cash (38.46%), Other (5.77%)

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(714) 706-1823

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