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$999,000

Beds
3
Baths
1.5
sq ft
1,360

668 N Farrell Dr, Palm Springs, CA 92262

668 N Farrell Dr

Palm Springs, CA 92262

  • 86 days on market
    • Price drop $100,000↓
Your Desert Oasis Awaits!!! Here is your chance to own a FULLY FURNISHED MEISELMAN - a piece of Palm Springs history. This outdoor retreat comes complete with a custom bar for sunset cocktails, a sophisticated outdoor living room, a cozy firepit surrounded by Adirondack chairs and an expansive yard for the kids or pups to run themselves ragged. Oh - and don't forget the oversized pool and hot tub for year-round entertaining! When you just can't take any more of the breathtaking sunsets or panoramic mountain views, retire to the chic interior. With its vibrant colors and stylish mid-century wallpaper, every room pops with personality. It's a blend of classic Palm Springs flair and modern comfort. Home has a good rental history and includes leased solar panels. Whether you're looking to make this your permanent residence or for a desert investment, this home is it!

Details

Property type

Single Family Residence

Est. home value

$1,234,192

Lot size

0.26 acres

Price per sq ft

$735

Year built

1960

HOA

No

Price History

11/09/2024
CLAW

CLAW #24428685

Price change
$999,000
-9.1%
08/28/2024
CLAW

CLAW #24428685

Listed
$1,099,000
-8.34%
08/01/2024
CLAW

CLAW #24391921

Removed
$1,199,000

Schools & Community

Neighborhood: 

Sunmor

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$144,413
Asking price
$999,000
Closing costs (~8% of asking)
-$79,920
Est. remaining loan balance
-$774,667
Cash to seller
$144,413

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

Seller’s Loan History

Lender

City National Bank

Loan start date

December 2021

Original loan amount

$825,000

Est. remaining balance

$774,667

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Lucky Bee Llc

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: 11/22/2024 at 12:55 PM

Listing updated: 11/09/2024 at 9:10 AM

Listed by: Sean Galligan, Keller Williams Beverly Hills Phone #: (310) 432-6400

MLS: CLAW #24428685

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