2875 N Los Felices Rd #215 Palm Springs, CA 92262

$41,500 Sold Price as of 05/04/2001

1 Beds
1 Baths
589 Sq.Ft.

Off Market

$41,500 Sold Price as of 05/04/2001 Refinance Your Mortgage

Map preview of 2875 N Los Felices Rd #215, Palm Springs, CA 92262

Property Overview: 2875 N Los Felices Rd #215 Palm Springs, CA has 1 bedrooms, 1 bathrooms, 589 living square feet and 623 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2875 N Los Felices Rd #215 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 $799,000. The median price per/sqft for Palm Springs is $482. 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 $159,800 for the down payment and will need roughly $15,980 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 $32,500. 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 2875 N Los Felices Rd #215

Last sold for $41,500 on May 4th, 2001

October, 2023
Oct 15, 2023

Date

Expired

CRMLS: 219096152DA

$179,000

Price
Jun 13, 2023

Date

Active

CRMLS: 219096152DA

$205,000

Price
Listing provided courtesy of CRMLS

Prime Palm Springs Investment Opportunity!Introducing a remarkable investment opportunity in Palm Springs! Each condo comes with 589 sqft of living space and a mountain views. These condos provide an ideal chance to capitalize on the high demand for vacation rentals in this sought-after location.Why Choose these Condos for your next Investment?Mountain views create a captivating backdrop, enhancing the allure and value of these units.Lucrative investment potential: Palm Springs is a highly sought-after vacation destination, with strong demand for vacation rentals, providing excellent income-generating opportunities.Dual-unit advantage: Owning two units increases your rental potential and diversifies your investment portfolio.Palm Springs' real estate market continues to experience steady growth, ensuring long-term value for your investmentFlexibility for personal use: Enjoy the option to use one unit for personal vacation getaways while renting out the other, striking a perfect balance between personal enjoyment and investment returnsDon't miss out on this investment opportunity in Palm Springs! Capitalize on the allure of these condos with mountain views and their potential for lucrative returnsContact us today to seize this chance to elevate your investment portfolio in the coveted Palm Springs Area.

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May, 2001
May 4, 2001

Date

Sold (Public Records)

Public Records

$41,500

Price
December, 1998
Dec 22, 1998

Date

Sold (Public Records)

Public Records

$25,000

Price

Tax History for 2875 N Los Felices Rd #215

Assessed Value (2021): $57,155

Year	Land Value	Improved Value	Assessed Value
2021	$15,832	$41,323	$57,155

About 2875 N Los Felices Rd #215

Detailed summary of property

2875 N Los Felices Rd #215 is a condominium in Palm Springs, CA 92262 and last sold on May 4, 2001 for $41,500. This condo has 1 bedrooms, 1 bathrooms, roughly 589 living square feet, and sits on an approximately 623 square foot lot. Homes in Palm Springs are selling for a median price of $650,000 and a median price per square foot of $438. Based on Ardent Real Estate Group's Palm Springs Market Data, this home is sold 93.62% lower than the current median priced home. 2875 N Los Felices Rd #215 was last sold on May 4, 2001 for $41,500. Local nearby listings include 25226 Court St, 1112 E Benedict Rd and 20694 Hillsdale Rd. The average home in Palm Springs, CA is selling in 106 days. There are currently 917 homes for sale in the Palm Springs real estate market and 467 of them are single family homes while 433 of them are condos and 17 are townhomes. If you are the homeowner and looking to sell the home at 2875 N Los Felices Rd #215 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 2875 N Los Felices Rd #215

Public county record property details

Beds: 1
Baths: 1
Year built: 1981
Sq. Ft.: 589
Lot Size: 623
Stories: 1

Type: Condominium Unit (Residential)
Pool: No
Spa: No
County: Riverside
Lot#: 88
APN: 504-041-088

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

$839,900

Median List Price/Sq.Ft.

$496

Median Sold Price

$750,000

Median Sold Price/Sq.Ft.

$472

Total Inventory

498

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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