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2890 North Farrell Drive

2890 North Farrell Drive, Palm Springs, CA 92262
Sold Feb 27, 2024
$650,000
$758,400 by Kiavi Funding Inc
Mortgage Due Feb 27, 2054
Sold Jun 17, 2013
$413,000
$282,000 by Franklin Loan Center
Mortgage Due Jul 01, 2043
2890 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 1979 and is 45 years old. However, we must point out that the home was most recently renovated and altered in 1984. 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 2 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, 2890 North Farrell Drive has 2,366 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 16,117 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 detached garage for those who require parking. The garage measured 540 sqft. According to our sources, there are a total of 2 available parking spaces. 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 good. 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 gravel/rock. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 2890 North Farrell Drive sold most recently in Feb 13, 2024 for a total of $650,000. If you work out the math, that's approximately a cost of $244.18 per sqft. Before that, the property was also sold for $413,000 in Jun 11, 2013. 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 $7,003 in taxes each year. 2890 North Farrell Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $500,599. If we break it down further, the land itself was valued at $136,108. Improvements to the property, however, were assessed at a total of $364,491. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1979
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 540
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 2,662
  • Gross Building Area: 2,662
  • Building Area: 2,366
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,366
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DESERT PARK ESTATES 10
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 1 MB 033/020 DESERT PARK ESTATES 10

Ownership

  • Current Owner : 2890 FARRELL LLC
  • Previous Owner : FISCHBERG GLENN MARK
  • Previous Owner 2: FISCHBERG ANDREA YOLANDA
  • Owner Before Previous Owner: GIBBONS TERRY L
  • Owner Before Previous Owner 2: GIBBONS DIANNA G
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 044604

Zoning

  • Zoning: R1C

Geography

  • Parcel: 501-264-001
  • Lot: 1
  • Municipality: PALM SPRINGS
  • Latitude: 33.8556
  • Longitude: -116.52

    Address

  • Full Address: 2890 N Farrell Dr
  • Address - House Number: 2890
  • Street Direction: N
  • Address - Street Name: Farrell
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palm Springs
  • Carrier Code: C071
  • 4-Digit Zip Code: 2605
  • Zip Code: 92262

Valuation

    Tax

  • Total Area: 2,366
  • Tax Year: 2023
  • Tax Amount: $7,003
  • Tax Rate Code Area: 011-030

    Appraisal Valuation

  • Standard Deviation: 0.1825
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 937,923
  • High Value: 1,109,138
  • Low Value: 766,709

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $758,400
  • First Open Lien Mortgage Lender: KIAVI FUNDING INC
  • First Open Lien Mortgage Recording Date: Feb 27, 2024
  • First Open Lien Mortgage Loan Amount: $758,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 27, 2054

    Market Valuation

  • Market Total Value: $766,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $500,599
  • Assessed Land Value: $136,108
  • Assessed Improvements Value: $364,491

    Sales

  • Current Sale Contract Date: Feb 13, 2024
  • Current Sale Recording Date: Feb 27, 2024
  • Current Sale Transaction ID: 11921583633
  • Current Sale Price: $650,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 53553
  • Previous Sale Recording Date: Jun 17, 2013
  • Previous Sale Contract Date: Jun 11, 2013
  • Previous Sale Amount: $413,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: KIAVI FUNDING INC
  • First Mortgage Transaction Date: Feb 27, 2024
  • First Mortgage Loan Amount: $758,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN LOAN CENTER
  • Previous Mortgage Transaction Date: Jun 17, 2013
  • Previous Mortgage Loan Amount: $282,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2043

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Frequently Asked Questions

What neighborhood is 2890 North Farrell Drive located in?
The 2890 North Farrell Drive is a located in the neighborhood of Desert Park Estates in Desert Park Estates, Palm Springs.
What is the average sales price for listings in 2890 North Farrell Drive?
The average sales price for units in 2890 North Farrell Drive is $0 currently.

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