821 E Mel Ave Palm Springs, CA 92262

$460,000 Sold Price as of 11/30/2018

1 Beds
1 Baths
792 Sq.Ft.

Off Market

$460,000 Sold Price as of 11/30/2018 Refinance Your Mortgage

Map preview of 821 E Mel Ave, Palm Springs, CA 92262

Property Overview: 821 E Mel Ave Palm Springs, CA has 1 bedrooms, 1 bathrooms, 792 living square feet and 15,245 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

821 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 821 E Mel Ave

Last sold for $1,550,000 on June 8th, 2021

June, 2021
Jun 8, 2021

Date

Sold

CRMLS: MB21068365

$1,550,000

Price
May 5, 2021

Date

Pending

CRMLS: MB21068365

$1,359,000

Price
Apr 12, 2021

Date

Hold

CRMLS: MB21068365

$1,359,000

Price
Apr 12, 2021

Date

Active

CRMLS: MB21068365

$1,359,000

Price
Apr 1, 2021

Date

Coming Soon

CRMLS: MB21068365

$1,359,000

Price
Listing provided courtesy of CRMLS

Step into this incredible, extremely, stylish beautiful Mid-Century Modern Home and you will immediately be struck by its modern ambiance, generous open plan living areas and with lots of natural light through. The spacious chef’s kitchen with exquisite counters and large kitchen island seamlessly connects with the upbeat dining and living rooms. The huge backyard offers amazing Majestic mountain views, the sparkling pool and capacious wood deck lounging areas are all that one needs to sit back and relax. The Indoor-outdoor living is maximized by luxurious sleeping quarters that all connect to the backyard and gathering spaces that seamlessly bridge to the pool-side oasis. Extra backyard amenities, a small bar cabana, wood deck lounge area, small golf course area and possible RV parking. Spacious living room+ a family room with slider glass doors and amazing views to the beautiful outdoors & spa and the exterior huge entertain areas. Updated appliances, and so much more. This wonderful residence is located in the much sought-after Movie Colony/El Mirador neighborhood where there are no HOA fees and you own the land. This beautiful Mid Century Modern has all that you crave for in a Palm Springs home: Location/Sun/Space/Lighting/Views to the San Jacinto Maintains. This remarkable property is only minutes from downtown Palm Springs with its boutique shops and world class restaurants.

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November, 2018
Nov 30, 2018

Date

Sold (Public Records)

Public Records

$460,000

Price
September, 2018
Sep 18, 2018

Date

Sold (Public Records)

Public Records

$530,190

Price
February, 2018
Feb 16, 2018

Date

Canceled

CRMLS: SB18005823

$695,000

Price
Jan 12, 2018

Date

Active

CRMLS: SB18005823

$695,000

Price
Listing provided courtesy of CRMLS

The potential for this property is endless. Nestled in between multi-million dollar homes, this property has drafted plans to bring it to that level and beyond. Projections by the owner and other industry professionals place the potential resale value of the home north of $2,000,000. Please inquire for more information.

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April, 2017
Apr 11, 2017

Date

Sold

CRMLS: 17191914PS

$505,000

Price
Mar 8, 2017

Date

Active Under Contract

CRMLS: 17191914PS

$599,000

Price
Feb 2, 2017

Date

Price Change

CRMLS: 17191914PS

$599,000

Price
Jan 11, 2017

Date

Active

CRMLS: 17191914PS

$699,000

Price
Listing provided courtesy of CRMLS

$100,000 REDUCTION. Prime El Mirador Colony location. Main house and guest house on a 15,000+ sq ft lot. Newer pool with tanning shelves and a swim up bar and palapas. Main house has 1 bedroom and 2 baths. Remodeled kitchen, breakfast area, living room with fireplace and beautiful den. Loggia type oversized patio. Hardwood floors in main areas of home. Guest house has bedroom, living room, dining area, remodeled kitchen and bath as well as a large private yard and separate entrance.

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Tax History for 821 E Mel Ave

Assessed Value (2020): $469,200

Year	Land Value	Improved Value	Assessed Value
2020	$139,740	$329,460	$469,200

About 821 E Mel Ave

Detailed summary of property

821 E Mel Ave is categorized with a use code of Multi-Family Dwellings (Generic, Any Combination 2+) in Palm Springs, CA 92262 and last sold on November 30, 2018 for $460,000. This property has 1 bedrooms, 1 bathrooms, roughly 792 living square feet, and sits on an approximately 15,245 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 22.03% lower than the current median priced home. 821 E Mel Ave was last sold on November 30, 2018 for $460,000. 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 821 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 821 E Mel Ave

Public county record property details

Beds: 1
Baths: 1
Year built: 1941
Sq. Ft.: 792
Lot Size: 15,245
Stories: 1

Type: Multi-Family Dwellings (Generic, Any Combination 2+)
Pool: Yes
Spa: No
County: Riverside
Lot#: 12
APN: 507-082-006

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

Loan Type

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

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Call, Text or Message

(714) 706-1823

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