688 E Mel Ave Palm Springs, CA 92262

$1,900,000 Sold Price as of 06/08/2020
  • 3 Beds
  • 4 Baths
  • 3,110 Sq.Ft.
Off Market
$1,900,000 Sold Price as of 06/08/2020 Refinance Your Mortgage

Map preview of 688 E Mel Ave, Palm Springs, CA 92262

Property Overview: 688 E Mel Ave Palm Springs, CA has 3 bedrooms, 4 bathrooms, 3,110 living square feet and 16,988 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

688 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 688 E Mel Ave

Last sold for $1,900,000 on June 8th, 2020
  • June, 2020

  • Jun 9, 2020

    Date

    Sold

    CRMLS: 219042135DA

    $1,900,000

    Price

  • May 22, 2020

    Date

    Pending

    CRMLS: 219042135DA

    $1,990,000

    Price

  • May 12, 2020

    Date

    Active Under Contract

    CRMLS: 219042135DA

    $1,990,000

    Price

  • Apr 24, 2020

    Date

    Active

    CRMLS: 219042135DA

    $1,990,000

    Price

  • Listing provided courtesy of CRMLS

    In 1935, the then unknown architect Albert Frey dropped three boxes in the California Desert. It was a study in simplicity and minimalism. Nearly a century later, The Guthrie House retains its radical dramatic starkness that proves Frey's genius. In 2019, the home was fully renovated with entirely new systems by The Avi Ross Group using the finest materials and craftsmanship; 'The result: a chic zen-like retreat wreathed by staggering mountain views,' says the Los Angeles Times. As you approach the gated entrance of the expansive driveway, you enter a secluded oasis in the heart of downtown Palm Springs. The renovation touched all aspects of the home, including structural upgrades, plumbing, electrical, pool, stucco, drywall, roof, energy efficient doors, windows, and HVAC system, as well as a new detached pool house, outdoor bar and barbecue, four in-ground gas fire pits, and custom indoor doggie shower. The Guthrie House has been the backdrop of numerous fashion campaigns and architectural photo shoots, and written about by major international publications. For further information on this one of a kind home visit www.theguthriehouse.com

  • June, 2020

  • Jun 8, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,900,000

    Price

  • April, 2020

  • Apr 23, 2020

    Date

    Canceled

    CRMLS: 219037669DA

    $1,990,000

    Price

  • Mar 11, 2020

    Date

    Price Change

    CRMLS: 219037669DA

    $1,990,000

    Price

  • Jan 27, 2020

    Date

    Active

    CRMLS: 219037669DA

    $2,399,000

    Price

  • Listing provided courtesy of CRMLS

    Built by iconic modernist architect Albert Frey is a gated estate once known as the Errol Flynn Estate in the heart of Downtown Palm Springs.''The Guthrie House,'' originally built in 1935, was Frey's first residential property in Palm Springs, and was thoughtfully renovated with Frey in mind by Avi Ross Group in 2019. The home was taken down to the studs and rebuilt to today's structural standards, with all new plumbing, electrical, stucco, drywall, roof, energy efficient doors, windows, and HVAC system. Original features and architecture were meticulously restored. Custom built and designed maple cabinetry throughout. Experience simple and pure desert living with 3 stunning bedrooms, all boasting their own patio and fire pit, plus a detached pool house. From the picturesque mountain views to the large pool and spa, the raw desert landscape is the perfect setting. It is a perfect blend of architectural history with the conveniences of a brand new home, and encompasses the quintessential Palm Springs style, history and culture. The home is internationally known and studied, and the renovation has been written about by The Wall Street Journal, Dwell, LA Times. theguthriehouse.com

  • January, 2020

  • Jan 6, 2020

    Date

    Canceled

    CRMLS: 219034679PS

    $2,600,000

    Price

  • Nov 29, 2019

    Date

    Active

    CRMLS: 219034679PS

    $2,600,000

    Price

  • Listing provided courtesy of CRMLS

    An architectural masterpiece: Albert Frey's Guthrie House built in 1935 located in El Mirador is now being offered after a complete restoration and modernization by Avi Ross Group. ''Simple'' and ''Pure'' best describe Frey's work. He was the master of understatement, eliminating the insignificant, and in doing so, foreseeing the minimalist movement by decades. The re-envisioning of the home was no small task. It took extensive understanding and research into the original layout of the home. Discussions with Frey experts began the process, which included months of peeling back the decades of well-intentioned renovations to uncover much of the original Frey and the modern ''boxes'' dropped in the desert to emerge. The re-envisioning brings the Guthrie House up to today's standards, while maintaining many of Frey's original details.

  • June, 2019

  • Jun 28, 2019

    Date

    Canceled

    CRMLS: 19479276PS

    $2,499,000

    Price

  • Jun 28, 2019

    Date

    Active

    CRMLS: 19479276PS

    $2,499,000

    Price

  • Jun 18, 2019

    Date

    Hold

    CRMLS: 19479276PS

    $2,499,000

    Price

  • Listing provided courtesy of CRMLS

    Albert Frey's 1935 Guthrie House re-envisioned! This iconic masterpiece sits in the El Mirador Corridor in the heart of central Palm Springs. 'Simple" and 'pure' best describe Frey's work. He was a master of understatement, eliminating the insignificant, and in doing so, foreseeing the minimalist movement by decades. The loving restoration of this house began with extensive research into the original layout of the home, discussions with Frey experts, months of peeling back layers to uncover Frey's original vision with his emphasis on the relationship of the buildings and the raw, California desert. With the Guthrie House, the focus was to integrate the natural desert into the home while accommodating the comfort of today's living standards. Cement flooring throughout, interior stucco on bathroom walls mimic surrounding mountains, range hood custom made, hand painted brick wall in kitchen mirrors Le Corbusier's Parisian apartment, pool designed as natural pond, panoramic mountain views!

  • June, 2015

  • Jun 30, 2015

    Date

    Sold (Public Records)

    Public Records

    $745,000

    Price

  • March, 2015

  • Mar 16, 2015

    Date

    Price Change

    CRMLS: 14817085PS

    $895,000

    Price

  • Listing provided courtesy of CRMLS

    $100,000 price reduction! Unique home needs to be re-envisioned or build your dream estate in the prestigious El Mirador area of Central Palm Springs. The home needs work. Over 3,000 sf of living space situated on over 16,000 sf lot with unobstructed, panoramic views of the mountains. Large, salt water pool in front of home. This property is walled with electric gates to enter. Tree lined driveway leads to 2 car garage. Walking distance to downtown restaurants, galleries, shops, bistros. This property is being sold separately or with the adjacent vacant lot. See additional MLS #14-817087PS. Total for both properties is $1,450,000. The vacant lot has it's own APN and can be sold separately. This combination of properties has tremendous potential for extensive estate or build a second home.

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Tax History for 688 E Mel Ave

Assessed Value (2020): $837,704
Year Land Value Improved Value Assessed Value
2020 $270,171 $567,533 $837,704

About 688 E Mel Ave

Detailed summary of property

688 E Mel Ave is a single family home in Palm Springs, CA 92262 and last sold on June 8, 2020 for $1,900,000. This house has 3 bedrooms, 4 bathrooms, roughly 3,110 living square feet, and sits on an approximately 16,988 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 222.03% higher than the current median priced home. 688 E Mel Ave was last sold on June 8, 2020 for $1,900,000. Local nearby listings include 20858 Bakal Dr, 7061 Newbury Ave and 7012 Newbury Ave. The average home in Palm Springs, CA is selling in 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 688 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 688 E Mel Ave

Public county record property details
Beds
3
Baths
4
Year built
2019
Sq. Ft.
3,110
Lot Size
16,988
Stories
1
Type
Single Family Residential
Pool
Yes
Spa
No
County
Riverside
Lot#
26
APN
507-081-002

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

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Nearby Homes to 688 E Mel Ave

Data from public records.

3 Beds | 2 Baths | 1,290 Sq. Ft.
2 Beds | 3 Baths | 2,302 Sq. Ft.
3 Beds | 2 Baths | 2,165 Sq. Ft.
4 Beds | 1 Baths | 2,736 Sq. Ft.
4 Beds | 4 Baths | 3,906 Sq. Ft.
-- Beds | -- Baths | -- Sq. Ft.
2 Beds | 2 Baths | 1,839 Sq. Ft.
4 Beds | 3 Baths | 3,546 Sq. Ft.
3 Beds | 2 Baths | 2,018 Sq. Ft.
3 Beds | 1 Baths | 1,400 Sq. Ft.
2 Beds | 4 Baths | 2,714 Sq. Ft.
3 Beds | 1 Baths | 1,916 Sq. Ft.

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