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Sold for $290,000
  • Listed by: Thomas Real Estate Group • Stephen Thomas • Contact: 714-998-8300
    Bought with: Berkshire Hathaway Home Services California Properties
    Tax assessed value
    $290,000

    505 S Farrell Dr Unit J56, Palm Springs, CA 92264

    2beds
    1,175sqft
    Condominium
    Built in 1984
    -- sqft lot
    $380,000 Zestimate®
    $247/sqft
    $2,485 Estimated rent

    Home value

    $380,000

    $342,000 - $422,000

    $2,485/mo

    Zestimate® history
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    What's special

    Multiple pools and spasTennis courtsSparkling pools and spasGated privacy and tranquilityLush grassy areasPatio decksBlank slate
    This elegant 2 bedroom, 2 bathroom condo is an excellent opportunity to buy a blank slate, ready for a buyer's personal touch!!! Situated in the long-standing Mesquite Country Club development, this condo is well located in world renowned Palm Springs. Take in the breath-taking mountain views, play tennis, or go for a long soak in the sparkling pools and spas. This unit needs some TLC, BUT gives any discerning buyer a highly coveted end unit location with views of the mountains from the two patio decks! HOA provides sewer, trash, water, structure maintenance, basic cable, and internet in addition to all the other amenities. Enjoy multiple pools and spas, tennis courts, lush grassy areas, and gated privacy and tranquility. Buyer to verify, but it's understood that Short Term Rentals ARE allowed for a minimum of 7 day stays. Seller advises new 2023 HVAC, and 2020 washer and dryer (included with sale). With close proximity to shopping, restaurants, airport, theatre, and the Village! Enjoy this beautiful opportunity for vacation home, private residence, or long-term investment opportunity!!! Call for details.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephen Thomas DRE #01341809 offers@thomasrealestategroup.com,

    Thomas Real Estate Group,

    Nicholas Thomas DRE #01410183,

    Thomas Real Estate Group

    Bought with:

    Dean Sipe, DRE #01789257

    Berkshire Hathaway Home Services California Properties

    Source: CRMLS,MLS#: PW25030108MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Living Room
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Bathtub, Tub Shower
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
    • Laundry: Laundry Closet, Outside, Stacked, Upper Level
    Features
    • Open Floorplan, All Bedrooms Up
    • Flooring: Carpet, Tile
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 1,175 sqft

    Property

    Parking
    • Parking features: Covered, Carport, Detached Carport, Gated, On Site, Paved
    • Has carport: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 2nd Level
    • Patio & porch: Covered, Patio
    • Pool features: Community, Gunite, In Ground, Association
    • Has spa: Yes
    • Spa features: Association, Community, Gunite, In Ground
    • Fencing: Block,Masonry
    • Has view: Yes
    • View description: Park/Greenbelt, Mountain(s), Peek-A-Boo
    Lot
    • Size: 1,307 Square Feet
    • Features: Greenbelt, Landscaped
    Details
    • Parcel number: 502573056
    • Zoning: RGA
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Mediterranean,Spanish
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Roof: Tile
    Condition
    • Fixer
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Sewer: Unknown
    • Water: Private
    • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Suburban, Gated, Pool
    • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security Gate, Gated Community, Key Card Entry
    • Subdivision: Mesquite Country Club (33465)
    HOA
    • Has HOA: Yes
    • Amenities included: Call for Rules, Controlled Access, Maintenance Grounds, Management, Pool, Pet Restrictions, Spa/Hot Tub, Security, Tennis Court(s), Trash, Cable TV, Water
    • Services included: Sewer
    • HOA fee: $509 monthly
    • HOA name: Mesquite Country Club
    • HOA phone: 760-327-0301
    Location
    • Region: Palm Springs

    Financial & listing details

    • Price per square foot: $247/sqft
    • Tax assessed value: $290,000
    • Annual tax amount: $3,618
    • Date on market: 2/12/2025
    • Cumulative days on market: 18 days
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/28/2025Sold$290,000-3.3%$247/sqft
    Source: CRMLS #PW25030108 Report a problem
    3/4/2025Contingent$299,888$255/sqft
    Source: CRMLS #PW25030108 Report a problem
    2/12/2025Listed for sale$299,888$255/sqft
    Source: CRMLS #PW25030108 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,618 +68%$290,000 +77.7%
    2024$2,153 -1.6%$163,238 +2%
    2023$2,188 0%$160,039 +2%
    2022$2,189 +2%$156,902 +2%
    2021$2,147 +4.3%$153,827 +1%
    2020$2,058 +1.7%$152,250 +2%
    2019$2,025 +1.8%$149,265 +2%
    2018$1,989 +1.4%$146,339 +2%
    2017$1,961 $143,470 +2%
    2016$1,961 +7.7%$140,657 +1.5%
    2015$1,822 +2.2%$138,546 +2%
    2014$1,783 $135,835 +0.5%
    2013-- $135,224 +2%
    2012-- $132,574 +2%
    2011-- $129,976 +0.8%
    2010-- $129,007 -0.2%
    2009-- $129,315 +2%
    2008-- $126,781 +2%
    2007-- $124,296 +2%
    2006-- $121,859 +2%
    2005-- $119,470 +3.9%
    2003-- $114,984 +2%
    2002-- $112,730 +2%
    2001$1,309 +17.2%$110,521 +17.6%
    2000$1,117 $94,000
    Find assessor info on the county website

    Neighborhood: 92264

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $380,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $380,000