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$789,000

Beds
4
Baths
2.0
sq ft
1,457

3940 E Mesquite Ave, Palm Springs, CA 92264

3940 E Mesquite Ave

Palm Springs, CA 92264

  • 122 days on market
    • Price drop $11,000↓
Situated up from the street with panoramic views of lush Demuth Park and the San Jacinto Mountains, this updated home is quintessential Palm Springs living. Inside is an ideal floorplan which separates the 4 bedrooms and 2 bathrooms from the living/dining area for added privacy. The living area is bright and open with cathedral ceilings and views of the pool and patio. The large ensuite master has convenient direct access via sliding doors to the outdoor area and pool. The generous wrap around patio area features a sparkling mosaic-tiled pool and spa, mature landscape and amazing, wireless west mountain views. A two-car garage and oversized driveway provide additional parking for your guests. Upgrades include owned solar, roof in 2017, new AC unit and Nest thermostat system, water filtration system, tile throughout and new baseboards. Super desirable south end location, close to downtown, airport, restaurants and shopping is ideal for a primary/secondary home or continued use as a successful Airbnb property.

Details

Property type

Single Family Residence

Est. home value

$809,219

Lot size

6,098 sq ft

Price per sq ft

$542

Year built

1976

Price History

03/21/2024
CRMLS

CRMLS #SR24036678

Price change
$789,000
-1.38%
02/28/2024
CRMLS

CRMLS #SR24036678

Listed
$800,000
+11.11%
12/17/2021
DesertArea

DesertArea #219069610

Sold
$720,000

Schools & Community

Neighborhood: 

Demuth Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

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

$246,062
Asking price
$789,000
Closing costs (~8% of asking)
-$63,120
Est. remaining loan balance
-$479,818
Cash to seller
$246,062

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

Seller’s Loan History

Lender

Nmsi Inc

Loan start date

February 2022

Original loan amount

$504,000

Est. remaining balance

$479,818

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Vinh Ngo

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?

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Status: Active

Tomo last checked: 06/29/2024 at 7:15 AM

Listing updated: 03/20/2024 at 10:40 PM

Listed by: Khuong Lam, First Team Real Estate Phone #: (714) 964-3311

MLS: CRMLS #SR24036678

CRMLS logo

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