NOT LISTED FOR SALE

1342 Yermo Dr S Unit 61 Palm Springs, CA 92262

Midtown Palm Springs Neighborhood

Estimated Value: $526,565 - $531,000

2 Beds
2 Baths
1,333 Sq Ft
$420/mo HOA Fee

Last Sold April 08, 2021

Last sale price $355,000 $266 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,745/month

101 Days on Market

Highlights

  • Unit is on the top floor
  • In Ground Pool
  • Peek-A-Boo Views
  • Palm Springs High School Rated A-
  • Gated Community
  • Living Room with Fireplace

About This Home

As of April 2021

Fantastic opportunity to own a condo in the heart of Palm Springs! This 2 bedroom/2 bath carriage house condo is located in the gated community of Tierra Hermosa. The location is highly desirable, as it's convenient to downtown, shopping, restaurants/bars, the Spa Casino and convention center! The carriage house floor plan is upstairs with a south facing balcony, nice separation of bedrooms, laundry inside the unit and you're just steps from the community pool/spa. In addition you'll enjoy having an attached 2 car garage for storage and parking!

Last Agent to Sell the Property

Stephanie Taylor

Bennion Deville Homes License #01820632 Listed on: 11/24/2020

Last Buyer's Agent

Christopher Pierson

Keller Williams Luxury Homes License #01921083

Keller Williams Luxury Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,302

Year Built

  • Built in 2004

Lot Details

  • End Unit
  • West Facing Home
  • Land Lease of $2,564 expires <<landLeaseExpirationDate>>

HOA Fees

  • $420 Monthly HOA Fees

Property Views

  • Peek-A-Boo
  • Mountain

Interior Spaces

  • 1,333 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Shutters
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Utility Room

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Guest Parking

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool
  • Spa Fenced

Location

  • Unit is on the top floor
  • Ground Level

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 009617807

Community Details

Overview

  • Association fees include building & grounds, water, trash
  • Tierra Hermosa Subdivision
  • On-Site Maintenance
  • Greenbelt
  • Planned Unit Development

Amenities

  • Community Mailbox

Recreation

  • Community Pool
  • Community Spa

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,302

Year Built

Built in 2004

Lot Details

0

HOA Fees

$420 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces West
  • Levels: Top
  • Building Number Of Stories: 1
  • Entry Location: Ground Level w/Steps
  • List Price per Sq Ft: 270.07
  • Lp Sp Ratio: 0.9900
  • View Type: Mountain(s), Peek-A-Boo
  • Year Built: 2004
  • Listing I D: 219053660
  • Listing Office Address: 47350 Washington St. Ste. 101, La Quinta, CA 92253
  • Listing Office Fax: (760) 564-7969
  • Post Direction: S
  • Selling Member Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Selling Office Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Selling Office Fax: (760) 322-9266
  • Land Type: Lease
  • Subdivision: Tierra Hermosa
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Oven, Microwave Oven, Washer, Refrigerator, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas
  • Flooring: Laminate, Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Granite Tile Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 1333.00
  • Windows Treatments: Shutters

Exterior Features

  • Patio: Balcony
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground, Fenced
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Fenced
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Security: Card/Code Access, Gated Community
  • Sewer: Unknown

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Water, Trash
  • Association Amenities: Controlled Access, Maintenance Grounds, Guest Parking, Greenbelt/Park
  • HOA Information: Yes
  • HOA Fee 1: 420.00
  • Total Monthly Association Fees: 420.00
  • Unit Location: End Unit, Top Floor, Second Floor

Lot Info

  • Assessor Parcel Number: 009617807

Rental Info

  • Furnished: Unfurnished
  • Land Lease Amt Annual: 2564.00
  • Land Lease Expiration Year: 2067
  • Land Lease Type: Lease
  • Rental Restrictions: Yes
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2013
Sold by
Peterson Edwin A and Peterson Elvy I
Bought by
Peterson Edwin A and Peterson Elvy I
Current Estimated Value
$529,141

Purchase Details

Closed on
May 14, 2012
Sold by
Peterson Astrid Elaine
Bought by
Peterson Edwin A and Peterson Elvy I

Purchase Details

Closed on
Dec 21, 2010
Sold by
Peterson Edwin A and Peterson Elvy I
Bought by
Peterson Astrid Elaine
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Peterson Edwin A -- Lawyers Title
Peterson Edwin A -- None Available
Peterson Astrid Elaine -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Record Owner $372,000
Closed Wheeler Padraic $372,000
Previous Owner Higginson Grant Kenneth $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2021 04/08/21 Sold $355,000 -1.4% $266 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
11/24/2020 11/24/20 For Sale $360,000 -- $270 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,302 $513,541 $149,401 $364,140
2023 $5,302 $493,600 $143,600 $350,000
2022 $5,302 $391,272 $120,972 $270,300
2021 $3,360 $241,172 $60,291 $180,881
2020 $3,216 $238,700 $59,673 $179,027
2019 $3,164 $234,020 $58,503 $175,517
2018 $3,108 $229,432 $57,356 $172,076
2017 $3,065 $224,934 $56,232 $168,702
2016 $2,971 $220,525 $55,130 $165,395
2015 $2,846 $217,213 $54,302 $162,911
2014 $2,800 $212,961 $53,240 $159,721
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Stephanie Taylor

    Bennion Deville Homes

  • C

    Buyer's Agent in 2021

    Christopher Pierson

    Keller Williams Luxury Homes

    (760) 880-1361

    2 in this area

    88 Total Sales

    Christopher Pierson
    Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219053660

California Desert Association of REALTORS®

APN: 009-617-807

California Riverside County Palm Springs 92262 Midtown Palm Springs

1342 Yermo Dr S Unit 61, Palm Springs, CA

This home is located at 1342 Yermo Dr S Unit 61, Palm Springs, CA 92262 since 24 November 2020 and is currently estimated at $529,141, approximately $396 per square foot. This property was built in 2004. 1342 Yermo Dr S Unit 61 is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes