tomo logo

$980,000

Beds
3
Baths
2.0
sq ft
1,560

1388 S Farrell Dr, Palm Springs, CA 92264

1388 S Farrell Dr

Palm Springs, CA 92264

  • <1 day on market
Palm Springs Retreat with Private Pool & Modern Upgrades Welcome to your dream desert oasis! This stunning single-story home in the heart of Palm Springs offers the perfect blend of modern elegance and resort-style living. Featuring three spacious bedrooms and two beautifully updated bathrooms, this home is designed for comfort and relaxation. Step inside to discover a bright and airy open floor plan, with stylish finishes and an updated kitchen that boasts sleek countertops, stainless steel appliances, and ample storage ideal for both everyday living and entertaining. The seamless flow from the kitchen to the living and dining areas creates a warm and inviting atmosphere. Outside, your private paradise awaits! The gorgeous pool sparkles under the desert sun, surrounded by lush landscaping and plenty of space for lounging and dining al fresco. Whether your are hosting guests or unwinding after a long day, this backyard is the ultimate retreat. Additional features include a two-car garage, modern upgrades throughout, and a prime Palm Springs location close to shopping, dining, golf, and outdoor adventures. Do not miss your chance to own this stunning pool home schedule your private tour today! short sale subject to lender approval.

Details

Property type

Single Family Residence

Est. home value

$1,073,836

Lot size

0.24 acres

Price per sq ft

$629

Year built

1964

HOA

No

Price History

03/05/2025
CRMLS

CRMLS #DW25047687

Listed
$980,000
-18.33%
08/23/2023
CRMLS

CRMLS #CV23078909

Sold
$1,200,000
+58.73%
12/06/2022
CRMLS

CRMLS #IV22228994

Sold
$756,000

Schools & Community

Neighborhood: 

Los Compadres

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Golf

High school district: 

Palm Springs Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

-$98,576
Asking price
$980,000
Closing costs (~8% of asking)
-$78,400
Est. remaining loan balance
-$1,000,176
Cash to seller
-$98,576

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2023

Original loan amount

$1,020,000

Est. remaining balance

$1,000,176

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Hamoudi Farraji

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/06/2025 at 12:50 AM

Listing updated: 03/05/2025 at 2:04 PM

Listed by: Crystal Concha, Crystal Concha, SunWest InvestmentsSunWest Investments Phone #: (562) 250-0350

MLS: CRMLS #DW25047687

CRMLS logo