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505 S Farrell Dr #G42, Palm Springs, CA 92264
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505 S Farrell Dr #G42 Palm Springs, CA 92264

$389,000
  • 2 Beds
  • 2 Baths
  • 1,175 Sq.Ft.
For Sale
$389,000 Get Pre-Qualified
Map preview of 505 S Farrell Dr #G42, Palm Springs, CA 92264

Property Overview: 505 S Farrell Dr #G42 Palm Springs, CA has 2 bedrooms, 2 bathrooms, 1,175 living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Discover the draw of the Mesquite Country Club condo, set on FEE SIMPLE land! This second-level unit boasts a spacious living room and primary suite with high ceilings, a large built-in vanity, dressing area, and Primary full bathroom. Sliding glass doors lead to a spacious patio deck offering stunning views of the mountains, greenbelt, tennis courts, and pools; perfect for enjoying beautiful sunsets. The open floor plan features a kitchen that opens up to the dining room. The second bedroom has its own separate patio deck overlooking the fountain in the roundabout. Tile flooring, recessed lighting, and central air, comfort abounds. The kitchen is equipped with an electric range, refrigerator, dishwasher, and microwave. HOA amenities include Wi-Fi, cable, internet, pool, spa, tennis courts, gas, water, and trash. Palm Springs offers endless entertainment options including the Prescott Land Preserve walking trails! This is FEE SIMPLE LAND (you own)!!! Plus, this unit can be utilized as a minimum 7-day vacation rental with a permit (check with the City to verify), making it an ideal investment property. AND, it is delivered TURN-KEY FURNISHED.

Listed by Robert Kalin | BRE #01224701 | Keller Williams Luxury Homes
Last checked: 9 minutes ago | Last updated: April 26th, 2024 | Source CRMLS | DOM: 24
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Home details

Lot Sq. Ft
--
HOA Dues
$497/mo
Year built
1984
Garage
--
Property Type:
Condominium
Status
Active
MLS#
24372371
City
Palm Springs
County
Riverside
Time on Site
31 days

Open Houses for 505 S Farrell Dr #G42

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Property Details for 505 S Farrell Dr #G42

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, In Closet
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile
  • Dressing Area, Living Room, Primary Bathroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
  • Security Features: Card/Code Access, Gated Community
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Community, Heated
Exterior Features
  • No Pool
  • Pool Features: Community
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Detached Carport, Parking Space, Guest
  • No Attached Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Mountain(s), Pool
  • Total # of Units: 600
  • Parcel Number: 502573042
  • Entry Level: 2
  • Offered With Property: Totally turnkey furnished.
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $497 (Monthly)
  • Association Amenities: Controlled Access, Pool, Spa/Hot Tub, Cable TV
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Subdivision Name: Mesquite Country Club
  • Directions: SW corner or Farrell Ramon. Enter gates, veer right. At roundabout, unit is directly over the pool
View more facts & features

Local Palm Springs Agent

Sale History for 505 S Farrell Dr #G42

Last sold for $270,000 on April 12th, 2019

  • March, 2024

  • Mar 26, 2024

    Date

    Active

    CRMLS: 24372371

    $389,000

    Price

  • April, 2019

  • Apr 12, 2019

    Date

    Sold

    CRMLS: 218034278DA

    $270,000

    Price

  • Mar 25, 2019

    Date

    Pending

    CRMLS: 218034278DA

    $275,000

    Price

  • Mar 9, 2019

    Date

    Active Under Contract

    CRMLS: 218034278DA

    $275,000

    Price

  • Feb 20, 2019

    Date

    Price Change

    CRMLS: 218034278DA

    $275,000

    Price

  • Feb 1, 2019

    Date

    Active

    CRMLS: 218034278DA

    $279,000

    Price

  • Jan 14, 2019

    Date

    Active Under Contract

    CRMLS: 218034278DA

    $279,000

    Price

  • Dec 7, 2018

    Date

    Active

    CRMLS: 218034278DA

    $279,000

    Price

  • Listing provided courtesy of CRMLS

    Situated toward the back of the development, this well maintained second floor end-unit condo is just steps from the pool. You'll love the panoramic mountain vistas from the generous-sized balcony. Both bathrooms have been updated with granite countertops, modern sinks and fixtures, and new tiling in the master shower. Mesquite Country Club is a gated development offering golf and tennis which is located in south Palm Springs just minutes away from shopping, dining, the airport, and downtown. Investors will appreciate the low 7-day minimum for rentals, and the property is offered furnished.

  • April, 2019

  • Apr 12, 2019

    Date

    Sold (Public Records)

    Public Records

    $270,000

    Price

  • September, 2007

  • Sep 4, 2007

    Date

    Sold (Public Records)

    Public Records

    $250,000

    Price

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Tax History for 505 S Farrell Dr #G42

Assessed Value (2020): $275,400
Year Land Value Improved Value Assessed Value
2020 $30,600 $244,800 $275,400

Home Value Compared to the Market

This property vs the competition

505 S Farrell Dr #G42 is listed 51.92% lower than the median list price for the city of Palm Springs which has a median list price of $809,000. The median price per/sqft for Palm Springs is $485 and this home is listed at $331.06 per/sqft which puts the price per square foot 31.74% lower than the median price per square foot for the city of Palm Springs.

About 505 S Farrell Dr #G42

Detailed summary of property

505 S Farrell Dr #G42 is a condominium located in Palm Springs, CA 92264 and is currently for sale. This condo offers 2 bedrooms, 2 bathrooms, roughly 1,175 living square feet, and sits on an approximately -- square foot lot. 505 S Farrell Dr #G42 was first listed on ArdentRealEstateGroup.com on March 26, 2024. The homeowner is currently asking $389,000. The median priced home in Palm Springs is $809,000 with a median price per square foot of $485. Based on Ardent Real Estate Group's Palm Springs Market Data, this home is listed 51.92% lower than the median priced home. Local competing homes currently for sale include 24975 7th St, 24754 Ward St and 375 Central Ave #165. This home does have a Homeowners Association and the monthly fee is $497 per month. While the average home in Palm Springs, CA is selling in 105 days, 505 S Farrell Dr #G42 has a days on market of 24 days. There are currently 919 homes for sale in the Palm Springs real estate market and 474 of them are single family homes while 428 of them are condos and 17 are townhomes. For more information on this home for sale at 505 S Farrell Dr #G42 Palm Springs, CA 92264 contact Ardent Real Estate Group and we will put you in touch with one of our Palm Springs agents.

Public Facts for 505 S Farrell Dr #G42

Public county record property details
Beds
2
Baths
2
Year built
1984
Sq. Ft.
1,175
Lot Size
1,306
Stories
2
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Riverside
Lot#
162
APN
502-573-042

The source for these homes facts are from public records.

92264 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$740,000
Median List Price/Sq.Ft.
$440
Median Sold Price
$549,000
Median Sold Price/Sq.Ft.
$399
Total Inventory
415
Median Sale to List Price %
92.27%
Avg Days on Market
60
Loan Type
Conventional (23.08%), FHA (0%), VA (0%), Cash (40%), Other (18.46%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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