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266 North Farrell Drive

266 North Farrell Drive, Palm Springs, CA 92262
House in Sunmor
Sold Jan 24, 2020
$628,000
$240,000 by Us Bank Na
Mortgage Due Aug 01, 2051
Sold Aug 11, 2017
$450,000
$450,900 by Anchor Loans Inc
Mortgage
266 North Farrell Drive has been categorized by the local assessors in Palm Springs, CA as a residential type of property. The building on the property was first built in 1958 and is 66 years old. However, we must point out that the home was most recently renovated and altered in 1995. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 266 North Farrell Drive has 2,073 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,583 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 370 sqft. According to our sources, there is one available parking space. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 266 North Farrell Drive sold most recently in Dec 29, 2019 for a total of $628,000. If you work out the math, that's approximately a cost of $241.54 per sqft. Before that, the property was also sold for $450,000 in Jul 31, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,614 in taxes each year. The initial year of tax delinquency occurred in 2021. 266 North Farrell Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $660,137. If we break it down further, the land itself was valued at $94,605. Improvements to the property, however, were assessed at a total of $565,532. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 370
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 2,600
  • Gross Building Area: 2,600
  • Building Area: 2,073
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,073
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ENCHANTED HOMES 1
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 32 MB 034/017 ENCHANTED HOMES 1

Ownership

  • Current Owner : ENSWORTH DEENA
  • Previous Owner : STRUCTURED CAPITAL LLC
  • Owner Before Previous Owner: WATERS BRIAN DORAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 044701

Zoning

  • Zoning: R1C

Geography

  • Subdivision Tract Number: 1
  • Parcel: 502-121-004
  • Lot: 32
  • Municipality: PALM SPRINGS
  • Latitude: 33.8264
  • Longitude: -116.518

    Address

  • Full Address: 266 N Farrell Dr
  • Address - House Number: 266
  • Street Direction: N
  • Address - Street Name: Farrell
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palm Springs
  • Carrier Code: C078
  • 4-Digit Zip Code: 6971
  • Zip Code: 92262

Valuation

    Tax

  • Total Area: 2,008
  • Tax Year: 2023
  • Tax Amount: $8,614
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 011-003

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 896,209
  • High Value: 1,048,792
  • Low Value: 743,625

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Aug 17, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $240,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $783,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $660,137
  • Assessed Land Value: $94,605
  • Assessed Improvements Value: $565,532

    Sales

  • Current Sale Contract Date: Dec 29, 2019
  • Current Sale Recording Date: Jan 24, 2020
  • Current Sale Transaction ID: 11720527904
  • Current Sale Price: $628,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0038587
  • Previous Sale Recording Date: Aug 11, 2017
  • Previous Sale Contract Date: Jul 31, 2017
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Jan 24, 2020
  • First Mortgage Loan Amount: $448,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: ANCHOR LOANS INC
  • Previous Mortgage Transaction Date: Aug 11, 2017
  • Previous Mortgage Loan Amount: $450,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Sunmor



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Frequently Asked Questions

What neighborhood is 266 North Farrell Drive located in?
The 266 North Farrell Drive is a house located in the neighborhood of Sunmor in Sunmor, Palm Springs.
What is the average sales price for listings in 266 North Farrell Drive?
The average sales price for units in 266 North Farrell Drive is $0 currently.

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