291 E Mel Ave #372 Palm Springs, CA 92262

$201,000 Sold Price as of 01/25/2019
  • 2 Beds
  • 1 Baths
  • 902 Sq.Ft.
Off Market
$201,000 Sold Price as of 01/25/2019 Refinance Your Mortgage

Map preview of 291 E Mel Ave #372, Palm Springs, CA 92262

Property Overview: 291 E Mel Ave #372 Palm Springs, CA has 2 bedrooms, 1 bathrooms, 902 living square feet and 1,183 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 #372 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 #372

Last sold for $201,000 on January 25th, 2019
  • January, 2019

  • Jan 25, 2019

    Date

    Sold

    CRMLS: 19420684PS

    $201,000

    Price

  • Jan 24, 2019

    Date

    Pending

    CRMLS: 19420684PS

    $210,000

    Price

  • Jan 16, 2019

    Date

    Active Under Contract

    CRMLS: 19420684PS

    $210,000

    Price

  • Listing provided courtesy of CRMLS

    Check out this second-floor, end-unit, 2-bedroom condo in gated Rancho El Mirador in Central Palm Springs. Units rarely come on the market here. The unit features an open floor plan and updated kitchen, 2 balconies with stunning mountain views from the front balcony and a quiet location within the community. Built on the grounds of the former historic El Mirador Hotel, the small neighborhood is gated with 61 total condominiums, immaculately maintained grounds, heated swimming pool and spa, tennis court and assigned covered parking. Convenient to downtown shops and restaurants. The condo would make a very smart investment. Rancho El Mirador is next door to Desert Regional Medical Center making it a popular rental among its staff. There is a 7-day minimum rental policy. Fee simple land (you own it!) and low HOA dues.

  • January, 2019

  • Jan 25, 2019

    Date

    Sold (Public Records)

    Public Records

    $201,000

    Price

  • June, 2011

  • Jun 28, 2011

    Date

    Sold (Public Records)

    Public Records

    $120,000

    Price

Show More

Tax History for 291 E Mel Ave #372

Assessed Value (2020): $205,020
Year Land Value Improved Value Assessed Value
2020 $99,450 $105,570 $205,020

About 291 E Mel Ave #372

Detailed summary of property

291 E Mel Ave #372 is a condominium in Palm Springs, CA 92262 and last sold on January 25, 2019 for $201,000. This condo has 2 bedrooms, 1 bathrooms, roughly 902 living square feet, and sits on an approximately 1,183 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 65.93% lower than the current median priced home. 291 E Mel Ave #372 was last sold on January 25, 2019 for $201,000. 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 #372 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 #372

Public county record property details
Beds
2
Baths
1
Year built
1983
Sq. Ft.
902
Lot Size
1,183
Stories
1
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Riverside
Lot#
50
APN
507-065-050

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
61
Loan Type
Conventional (26.92%), FHA (1.92%), VA (0%), Cash (38.46%), Other (5.77%)

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Nearby Homes to 291 E Mel Ave #372

Data from public records.

2 Beds | 1 Baths | 902 Sq. Ft.
2 Beds | 1 Baths | 902 Sq. Ft.
2 Beds | 1 Baths | 902 Sq. Ft.
2 Beds | 1 Baths | 902 Sq. Ft.
2 Beds | 1 Baths | 902 Sq. Ft.
2 Beds | 1 Baths | 902 Sq. Ft.
2 Beds | 1 Baths | 902 Sq. Ft.
2 Beds | 1 Baths | 902 Sq. Ft.
2 Beds | 1 Baths | 902 Sq. Ft.
2 Beds | 1 Baths | 902 Sq. Ft.
2 Beds | 1 Baths | 902 Sq. Ft.
2 Beds | 1 Baths | 902 Sq. Ft.

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