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Sold for $325,000
  • Listed by: Dylan Jones, Broker • Dylan Jones • Contact: 949-566-1082
    Bought with: Dylan Jones, Broker
    $325,000

    505 S Farrell Dr Unit S116, Palm Springs, CA 92264

    1beds
    797sqft
    Condominium
    Built in 1985
    -- sqft lot
    $323,700 Zestimate®
    $408/sqft
    $1,926 Estimated rent

    Home value

    $323,700

    $291,000 - $359,000

    $1,926/mo

    Zestimate® history
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    What's special

    New toiletsDelta plumbing fixturesExtra-large bedroomNew paintNew laminate flooringNew quartz countersGorgeous mountain views
    Price Improvement!! Welcome to your perfect Palm Springs getaway! This highly desirable “villa unit” offers vaulted ceilings with no neighbors above or below and gorgeous mountain views. The interior has been tastefully renovated and is offered fully furnished! New paint and new laminate flooring throughout give the unit a fresh look. The brand new kitchen features white European flat panel cabinets, new quartz counters, stylish tiled backsplash and all new Samsung appliances. The bathroom features a marble shower with dual heads and body sprayers, new vanity with quartz top, new toilets and lighting. Delta plumbing fixtures throughout. The extra-large bedroom has large, mirrored closets with built-in organizers and a beautiful patio. This unit also has private laundry and plenty of storage. Gated Mesquite Country Club offers tennis, pools, and beautifully maintained grounds. Centrally located near all of the Palm Springs hot spots, this unit makes the perfect full time, part time, or rental property. Offered fully furnished, owned land, and added bonus of short term 7-day minimum rentals adds to the many options for investment opportunity. Don’t miss your chance to own this stunning piece of Palm Springs!

    Zillow last checked:

    Listing updated:

    Listed by:

    Dylan Jones DRE #02130343 949-566-1082,

    Dylan Jones, Broker

    Bought with:

    Mandy Abbott, DRE #02054384

    Dylan Jones, Broker

    Source: CRMLS,MLS#: OC25076650MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Kitchen
    • Features: Remodeled, Updated Kitchen
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Range, Microwave, Refrigerator
    • Laundry: Laundry Closet
    Features
    • All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below
    Interior area
    • Total interior livable area: 797 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: ground
    • Patio & porch: Rear Porch, Front Porch
    • Pool features: Association
    • Has spa: Yes
    • Spa features: Association
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 1,307 Square Feet
    Details
    • Parcel number: 502574017
    • Zoning: RGA
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Preserve/Public Land, Sidewalks
    • Subdivision: Mesquite Country Club (33465)
    HOA
    • Has HOA: Yes
    • Amenities included: Controlled Access, Maintenance Grounds, Pool, Spa/Hot Tub, Tennis Court(s), Trash
    • HOA fee: $507 monthly
    • HOA name: Mesquite Country Club
    • HOA phone: 760-327-0301
    Location
    • Region: Palm Springs

    Financial & listing details

    • Price per square foot: $408/sqft
    • Tax assessed value: $292,694
    • Annual tax amount: $3,568
    • Date on market: 4/10/2025
    • Cumulative days on market: 24 days
    • Listing terms: Cash,Cash to Existing Loan,1031 Exchange

    Price history

    DateEventPrice
    5/28/2025Sold$325,000-3%$408/sqft
    Source: CRMLS #OC25076650 Report a problem
    5/24/2025Pending sale$334,900$420/sqft
    Source: CRMLS #OC25076650 Report a problem
    5/5/2025Contingent$334,900$420/sqft
    Source: CRMLS #OC25076650 Report a problem
    4/24/2025Price change$334,900-4.3%$420/sqft
    Source: CRMLS #OC25076650 Report a problem
    4/10/2025Listed for sale$349,900+40%$439/sqft
    Source: CRMLS #OC25076650 Report a problem
    2/24/2025Sold$250,000+19%$314/sqft
    Source: Public Record Report a problem
    5/4/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    3/30/2022Listed for rent$2,000$3/sqft
    Source: Zillow Rental Manager Report a problem
    11/18/2004Sold$210,000+153%$263/sqft
    Source: CDAR/ Desert Area MLS #41191991 Report a problem
    8/13/1999Sold$83,000$104/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,568 -2.5%$292,694 +2%
    2024$3,657 +5.4%$286,956 +9.8%
    2023$3,471 +7.4%$261,460 +10%
    2022$3,232 +21.7%$237,691 +23%
    2021$2,655 +13%$193,244 +10%
    2020$2,349 +2.6%$175,677 +3%
    2019$2,290 +3.7%$170,560 +4%
    2018$2,209 +0.7%$164,000 +1.2%
    2017$2,193 $162,000 +9.5%
    2016$2,193 +16.2%$148,000 +2.8%
    2015$1,888 +2.2%$144,000 +2.1%
    2014$1,846 $141,000 +18.5%
    2013-- $119,000 +20.2%
    2012-- $99,000 -2.9%
    2011-- $102,000 -26.6%
    2010-- $139,000 -4.1%
    2009-- $145,000 -9.9%
    2008-- $161,000 -26.3%
    2007-- $218,484 +2%
    2006-- $214,200 +2%
    2005-- $210,000 +138.4%
    2003-- $88,078 +2%
    2002-- $86,352 +2%
    2001$1,096 +2.2%$84,660 +2%
    2000$1,072 $83,000
    Find assessor info on the county website

    Neighborhood: 92264

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $323,700
    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
    $323,700