NOT LISTED FOR SALE

1342 Yermo Dr S Palm Springs, CA 92262

Midtown Palm Springs Neighborhood

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

2 Beds
2 Baths
1,333 Sq Ft
$480/mo HOA Fee

Last Sold August 22, 2022

Last sale price $465,000 $349 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,805/month

42 Days on Market

Highlights

  • Gunite Spa
  • Primary Bedroom Suite
  • Gated Community
  • Palm Springs High School Rated A-
  • Panoramic View
  • Open Floorplan

About This Home

As of August 2022

SUN-KISSED pied-a-terre at gated Tierra Hermosa. If you haven't visited, take a closer look at this FABULOUS, albeit intimate, community. The coveted ''carriage house'' floor plan is a great value when compared with other 2BD, 2BA options around Central Palm Springs. Views from the second story are a mix of mountains, Spanish tile rooftops, and gorgeous blue skies. Living + dining areas play beautifully together. The fireplace with its floor-to-ceiling stonework, a delight. A nice-sized walk-in pantry and a laundry room frame the kitchen. Lots of room for counter seating. Elsewhere, we are LOVING the covered balcony with its spirited arches and iron railings. There is direct guest room access as well from this space. Back inside, the bedrooms enjoy a nice separation. En suite master features a smart built-in bookcase, large closet, and dual vanities. The resort-style pool + spa with cabana and mountain views are just a few steps from the front door. There is a second pool as well. Dog park too. 2-car garage features extra storage space. So much to LOVE here. Tierra Hermosa is a charming respite from the hustle & bustle of town and yet a short hop to the best the city has to offer in terms of dining and shopping. Enjoy it all.

Last Agent to Sell the Property

Brady Sandahl

Keller Williams Luxury Homes License #01416687 Listed on: 07/05/2022

Keller Williams Luxury Homes

Co-Listed By

Frankie Alvarado III

Keller Williams Luxury Homes License #02068166

Last Buyer's Agent

Alex Dethier

BD Homes-The Paul Kaplan Group License #01926911

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,302

Year Built

  • Built in 2004

Lot Details

  • End Unit
  • Drip System Landscaping
  • Land Lease of $2,564 expires <<landLeaseExpirationDate>>

HOA Fees

  • $480 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,333 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Stone Fireplace
  • Gas Fireplace
  • Shutters
  • Window Screens
  • Sliding Doors
  • Entryway
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Parking

  • 2 Car Direct Access Garage
  • Side by Side Parking
  • Garage Door Opener
  • Guest Parking

Pool

  • Gunite Spa
  • Fence Around Pool
  • Spa Fenced
  • Gunite Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Additional Features

  • Grab Bar In Bathroom
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 508063008

Community Details

Overview

  • Tierra Hermosa Subdivision
  • On-Site Maintenance

Amenities

  • Community Mailbox

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,302

Year Built

Built in 2004

Lot Details

0

HOA Fees

$480 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Two
  • Building Number Of Stories: 1
  • Building Style: Spanish
  • Disability Access: Grab Bars in Bath(s)
  • Entry Location: Ground Level w/Steps
  • Included In Sale: All attached appliances
  • List Price per Sq Ft: 348.84
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s), Panoramic
  • Year Built: 2004
  • Co Listing Member Address: 435 N Palm Canyon Drive, Palm Springs, CA 92262
  • Co Listing Office Address: 435 N Palm Canyon Drive, Palm Springs, CA 92262
  • Co Listing Office Fax: (760) 322-9266
  • Listing I D: 219081475
  • Listing Member Address: 435 N Palm Canyon Drive, Palm Springs, CA 92262
  • Listing Office Address: 435 N Palm Canyon Drive, Palm Springs, CA 92262
  • Listing Office Fax: (760) 322-9266
  • Post Direction: S
  • Selling Member Address: 201 North Palm Canyon Drive, Ste 120, Palm Springs, CA 92262
  • Selling Office Address: 201 N Palm Canyon Drive, Ste 120, Palm Springs, CA 92262
  • Selling Office Fax: (760) 327-3991
  • Land Type: Lease
  • Subdivision: Tierra Hermosa
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Microwave Oven, Exhaust Fan, Water Line to Refrigerator, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Built-In Features, Recessed Lighting, Open Floorplan, High Ceilings (9 Ft+)
  • Range Hood: Yes
  • Fireplace Features: Glass Doors, Gas, Stone
  • Flooring: Wood, Tile
  • Bedroom Features: Master Suite
  • Total Bedrooms: 2
  • Bathroom Features: Double Vanity(s), Tile Shower, Shower Over Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Granite Counters, Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 1333.00
  • Windows Treatments: Screens, Shutters

Exterior Features

  • Other Features: End Unit
  • Roofing: Tile
  • Foundation: Slab
  • Patio: Covered, Balcony
  • Pool: Yes
  • Pool Construction: Gunite
  • Pool Description: Fenced
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite
  • Spa Hot Tub Description: Fenced
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Guest, Garage Door Opener, Direct Entrance, Side By Side
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Volt 220: In Laundry
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating: Central
  • Security: Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Maintenance Grounds, Management
  • HOA Information: Yes
  • HOA Fee 1: 480.00
  • Total Monthly Association Fees: 480.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 508063008
  • Irrigation: Drip System
  • Lot Description: Utilities Underground
  • Lot Size: 973.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Amt Annual: 2564.00
  • Land Lease Expiration Year: 2067
  • Land Lease Type: Lease

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2012
Closed on
Mar 19, 2013
Sold by
Peterson Edwin A and Peterson Elvy I
Bought by
Peterson Edwin A and Peterson Elvy I
Seller's Agent
Steve Caro
Real Estate eBroker
Buyer's Agent
Kenneth Reiley
HK Lane Real Estate
List Price
$229,900
Sold Price
$185,000
Premium/Discount to List
-$44,900
-19.53%
Current Estimated Value
$529,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,141
Avg. Annual Appreciation
9.12%

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:

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List Price
Sold Price
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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
08/22/2022 08/22/22 Sold $465,000 0.0% $349 / Sq Ft
07/05/2022 07/05/22 For Sale $465,000 +151.4% $349 / Sq Ft
04/15/2013 04/15/13 Sold $185,000 -19.5% $139 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
01/11/2013 01/11/13 For Sale $229,900 0.0% $172 / Sq Ft
01/03/2013 01/03/13 Pending -- -- --
12/07/2012 12/07/12 For Sale $229,900 -- $172 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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

  • Brady Sandahl

    Seller's Agent in 2022

    Brady Sandahl

    Keller Williams Luxury Homes

    (760) 656-6052

    17 in this area

    535 Total Sales

    Brady Sandahl
    Section Image

  • F

    Seller Co-Listing Agent in 2022

    Frankie Alvarado III

    Keller Williams Luxury Homes

    (808) 491-8668

    12 in this area

    173 Total Sales

    Frankie Alvarado III
    Section Image
  • Alex Dethier

    Buyer's Agent in 2022

    Alex Dethier

    BD Homes-The Paul Kaplan Group

    (760) 808-3300

    7 in this area

    285 Total Sales

    Alex Dethier
    Section Image

  • S

    Seller's Agent in 2013

    Steve Caro

    Real Estate eBroker

  • K

    Buyer's Agent in 2013

    Kenneth Reiley

    HK Lane Real Estate

See All Agents

Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219081475

Greater Palm Springs Multiple Listing Service

APN: 009-617-807

California Riverside County Palm Springs 92262 Midtown Palm Springs

1342 Yermo Dr S, Palm Springs, CA

This home is located at 1342 Yermo Dr S, Palm Springs, CA 92262 since 05 July 2022 and is currently estimated at $529,141, approximately $396 per square foot. This property was built in 2004. 1342 Yermo Dr S 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.

Greater Palm Springs Multiple Listing Service 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.

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