291 E Mel Ave #323 Palm Springs, CA 92262

$159,000 Sold Price as of 08/22/2013

2 Beds
1 Baths
902 Sq.Ft.

Off Market

$159,000 Sold Price as of 08/22/2013 Refinance Your Mortgage

Map preview of 291 E Mel Ave #323, Palm Springs, CA 92262

Property Overview: 291 E Mel Ave #323 Palm Springs, CA has 2 bedrooms, 1 bathrooms, 902 living square feet and 1,257 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

291 E Mel Ave #323 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 $710,000. 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 $142,000 for the down payment and will need roughly $14,200 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 291 E Mel Ave #323

Last sold for $159,000 on August 22nd, 2013

August, 2013
Aug 22, 2013

Date

Sold (Public Records)

Public Records

$159,000

Price
July, 2013
Jul 16, 2013

Date

Price Change

CRMLS: 13688647PS

$159,000

Price
Listing provided courtesy of CRMLS

Beautiful, well maintained Unit in Highly desired Rancho El Mirador. Side street, corner location, with second story Mountain views overlooking a sparkling pool surrounded by lush, well manicured grounds. This immaculate unit is being sold Turn Key! Vaulted ceilings, in Unit Laundry, two Balconies, Community Pool, Spa and Tennis Court. Adjacent to Desert Regional Hospital, and close to down town Palm springs. Low HOA, you own the land. This is not a short sale but priced like one. Rare that units become available in this well sought after complex, this one will not last! Buyer to verify all information.

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September, 2008
Sep 30, 2008

Date

Sold (Public Records)

Public Records

$173,000

Price

Tax History for 291 E Mel Ave #323

Assessed Value (2020): $178,215

Year	Land Value	Improved Value	Assessed Value
2020	$44,552	$133,663	$178,215

About 291 E Mel Ave #323

Detailed summary of property

291 E Mel Ave #323 is a condominium in Palm Springs, CA 92262 and last sold on August 22, 2013 for $159,000. This condo has 2 bedrooms, 1 bathrooms, roughly 902 living square feet, and sits on an approximately 1,257 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 73.05% lower than the current median priced home. 291 E Mel Ave #323 was last sold on August 22, 2013 for $159,000. Local nearby listings include 20858 Bakal Dr, 7061 Newbury Ave and 7012 Newbury Ave. The average home in Palm Springs, CA is selling in 133 days. There are currently 744 homes for sale in the Palm Springs real estate market and 383 of them are single family homes while 346 of them are condos and 15 are townhomes. If you are the homeowner and looking to sell the home at 291 E Mel Ave #323 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 291 E Mel Ave #323

Public county record property details

Beds: 2
Baths: 1
Year built: 1983
Sq. Ft.: 902
Lot Size: 1,257
Stories: 1

Type: Condominium Unit (Residential)
Pool: No
Spa: No
County: Riverside
Lot#: 47
APN: 507-065-047

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

$780,000

Median List Price/Sq.Ft.

$471

Median Sold Price

$637,500

Median Sold Price/Sq.Ft.

$445

Total Inventory

451

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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