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Sold for $308,000
  • Listed by: Bennion Deville Homes • Scott Stcyr • Contact: 760-734-8700
    Bought with: Compass
    $308,000

    505 S Farrell Dr Unit Q105, Palm Springs, CA 92264

    1beds
    797sqft
    Condominium
    Built in 1985
    -- sqft lot
    $309,400 Zestimate®
    $386/sqft
    $1,929 Estimated rent

    Home value

    $309,400

    $278,000 - $343,000

    $1,929/mo

    Zestimate® history
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    What's special

    This delightful condo, located in the highly sought-after gated community of Mesquite Country Club, offers the perfect combination of charm and practicality. Impeccably clean and well-maintained, this home is ideal as an investment property, a Palm Springs retreat, or a full-time residence. The home features two outdoor patios--one at the front and one at the rear--allowing you to enjoy the stunning views of the San Jacinto Mountains and the lush green spaces that surround the property. Within the community, residents can take advantage of multiple pools, spas, and courts for tennis and pickleball. Short-term rentals are permitted with a 7-day minimum, making this an excellent opportunity for those seeking rental income. The HOA provides exceptional value by covering water, sewer, trash, building maintenance, cable TV, and internet. Located just minutes from the vibrant dining, shopping, and entertainment of Palm Springs, this condo offers the perfect gateway to the desert lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Stcyr DRE #02137207 760-734-8700,

    Bennion Deville Homes

    Bought with:

    Ty Nasief, DRE #01947034

    Compass

    Source: CRMLS,MLS#: 219121708DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Bedroom, Living Room
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub, Separate Shower
    Kitchen
    • Features: Kitchen Island, Laminate Counters
    Heating
    • Electric, Forced Air, Heat Pump
    Cooling
    • Electric, Heat Pump
    Appliances
    • Included: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
    • Laundry: Laundry Closet, Laundry Room, Outside
    Features
    • Breakfast Bar, Living Room Deck Attached, Partially Furnished, Bedroom on Main Level
    • Flooring: Carpet, Tile
    • Windows: Blinds
    • Has fireplace: No
    Interior area
    • Total interior livable area: 797 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Covered, Detached Carport, Community Structure, Unassigned
    • Carport spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Concrete
    • Has private pool: Yes
    • Pool features: Community, Gunite, Electric Heat, In Ground
    • Spa features: Community, Gunite, In Ground
    • Fencing: Block,Masonry
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 1,307 Square Feet
    • Features: 2-5 Units/Acre, Greenbelt, Lawn, Landscaped, Planned Unit Development
    Details
    • Parcel number: 502574006
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Mediterranean
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Gated, Pool
    • Security: Fire Detection System, Security Gate, Gated Community, Key Card Entry, Smoke Detector(s)
    • Subdivision: Mesquite Country Clu
    HOA
    • Has HOA: Yes
    • Amenities included: Controlled Access, Maintenance Grounds, Hot Water, Management, Other, Pet Restrictions, Security, Tennis Court(s), Trash, Cable TV, Water
    • Services included: Sewer
    • HOA fee: $507 monthly
    • HOA name: Mesquite Country Club
    Location
    • Region: Palm Springs

    Financial & listing details

    • Price per square foot: $386/sqft
    • Tax assessed value: $193,753
    • Annual tax amount: $2,501
    • Date on market: 12/27/2024
    • Listing terms: Cash,Conventional
    • Inclusions: Home is partially staged. Staging furniture available for sale outside of escrow. Inventory of non-staged furniture included in sale is available for review.

    Price history

    DateEventPrice
    3/11/2025Sold$308,000-3.4%$386/sqft
    Source: CRMLS #219121708DA Report a problem
    2/7/2025Pending sale$319,000$400/sqft
    Source: Greater Palm Springs Realtors #219121708 Report a problem
    1/21/2025Contingent$319,000$400/sqft
    Source: Greater Palm Springs Realtors #219121708 Report a problem
    12/27/2024Listed for sale$319,000+78.2%$400/sqft
    Source: CDAR/ Desert Area MLS #219121708 Report a problem
    9/21/2020Sold$179,000-1.9%$225/sqft
    Source: CLAW #20601880 Report a problem
    8/28/2020Pending sale$182,500$229/sqft
    Source: BHGRE I Leaskou Partners #20601880 Report a problem
    7/11/2020Listed for sale$182,500$229/sqft
    Source: BHGRE I Leaskou Partners #20601880 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,501 -2.4%$193,753 +2%
    2024$2,563 -1.7%$189,955 +2%
    2023$2,608 -0.1%$186,231 +2%
    2022$2,611 +1.9%$182,580 +2%
    2021$2,562 +47.4%$179,000 +49.8%
    2020$1,738 +1.5%$119,497 +2%
    2019$1,712 +1.7%$117,155 +2%
    2018$1,684 +1.3%$114,859 +2%
    2017$1,663 $112,608 +2%
    2016$1,663 +7.6%$110,401 +1.5%
    2015$1,546 +2.3%$108,744 +2%
    2014$1,511 $106,616 +0.5%
    2013-- $106,135 +2%
    2012-- $104,055 +2%
    2011-- $102,016 +0.8%
    2010-- $101,255 -0.2%
    2009-- $101,498 +2%
    2008-- $99,508 +2%
    2007-- $97,558 +2%
    2006-- $95,646 +2%
    2005-- $93,772 +3.9%
    2003-- $90,252 +2%
    2002-- $88,483 +2%
    2001$1,119 +22.4%$86,749 +25.7%
    2000$914 $69,000
    Find assessor info on the county website

    Neighborhood: 92264

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $309,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $309,400