NOT LISTED FOR SALE

155 W Hermosa Place Unit 2 Palm Springs, CA 92262

Old Las Palmas Neighborhood

Estimated Value: $265,000 - $508,000

1 Bed
1 Bath
540 Sq Ft
436 Sq Ft Lot

Last Sold December 06, 2016

Last sale price $278,000 $515 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,320/month

170 Days on Market

About This Home

As of December 2016

Rare Mid-Century modern, totally remodeled junior one bedroom vibrant big city condo with every opportunity capitalized on to optimize the use of space and elegant design. Finishes include white lacquer cabinetry and frosted glass accents throughout. Villa Hermosa, originally designed by mid-century architect Albert Frey in 1947 and beautifully restored in 2003, is a short walk to downtown Palm Springs, Ernest Coffee, Dish and many other vibrant Uptown Design District businesses. Excellent vacation/income property allowing short term rentals.

Last Agent to Sell the Property

Jeff Blacker

Compass License #01711459 Listed on: 06/19/2016

Compass

Last Buyer's Agent

Stuart Bell

Real Estate eBroker Inc. License #02012217

Real Estate eBroker Inc.

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,011

Year Built

2003

Lot Details

0

Listing Details

  • Cross Street: N PALM CANYON DR
  • Entry Location: Ground Level - no steps
  • Active Date: 2016-06-19
  • Full Bathroom: 1
  • Building Size: 540.0
  • Building Structure Style: Mid Century
  • Driving Directions: From N Palm Canyon Dr, go west on Hermosa and the complex is on your left. Walk trough gate and unit is on your right once you hit the open grassy area.
  • Full Street Address: 155 W HERMOSA PL
  • Pool Descriptions: Community Pool, Heated And Filtered, Association Pool
  • Primary Object Modification Timestamp: 2016-12-06
  • Property Condition: Updated/Remodeled
  • Spa Descriptions: Association Spa
  • Unit Floor In Building: 1
  • Total Number of Units: 21
  • View Type: Courtyard View, Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 2003

Interior Features

  • Bathroom Features: Remodeled
  • Appliances: Range Hood, Range
  • Advertising Remarks: Rare Mid-Century modern, totally remodeled junior one bedroom vibrant big city condo with every opportunity capitalized on to optimize the use of space and elegant design. Finishes include white lacquer cabinetry and frosted glass accents throughout. Vill
  • Total Bedrooms: 1
  • Builders Tract Code: 5900
  • Builders Tract Name: LASPALMAS-VLLAHERMOSA
  • Fireplace: No
  • Levels: Ground Level
  • Spa: Yes
  • Appliances: Dishwasher, Garbage Disposal, Refrigerator
  • Laundry: Community
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 436
  • Common Walls: Attached
  • Entry Floor: 1
  • Construction: Stucco
  • Foundation: Foundation - Concrete Slab
  • Other Features: Slab
  • Patio: Covered Porch, Porch - Front, Porch - Rear
  • Community Features: Community Mailbox
  • Windows: Window Blinds
  • Water: District/Public

Garage/Parking

  • Carport Spaces: 1
  • Total Parking Spaces: 1
  • Parking Type: Carport Detached

Utilities

  • Sewer: In, Connected & Paid
  • Water District: DESERT WATER AGENCY
  • Sprinklers: Drip System
  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central Furnace, Forced Air

Condo/Co-op/Association

  • HOA: No
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Water and Sewer Paid
  • Association Rules: PetsPermitted, Assoc Pet Rules
  • Association Name: Villa Hermosa
  • HOA Fees: 383.0

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2016
Closed on
Nov 8, 2016
Sold by
Lenning Mark Scott and Westbrook Harry Anderson
Bought by
Shores Del
Seller's Agent
Jeff Blacker
Compass
Buyer's Agent
Stuart Bell
Real Estate eBroker Inc.
List Price
$285,000
Sold Price
$278,000
Premium/Discount to List
-$7,000
-2.46%
Current Estimated Value
$378,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,669
Avg. Annual Appreciation
3.53%
Original Mortgage
$264,100
Outstanding Balance
$212,360
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$166,309

Purchase Details

Listed on
Jan 21, 2014
Closed on
Feb 9, 2014
Sold by
Fleming James and Fleming Kathleen
Bought by
Lenning Mark Scott and Westbrook Harry Anderson
Seller's Agent
Jacquelyn Storm
Cameron Realty Group
Buyer's Agent
Jeff Blacker
Compass
List Price
$195,000
Sold Price
$187,000
Premium/Discount to List
-$8,000
-4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.39%
Original Mortgage
$158,950
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fleming James and Fleming Kathleen

Purchase Details

Closed on
Nov 26, 2008
Sold by
Craig Matthew J
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 4, 2003
Sold by
Spartan Villa Hermosa Llc
Bought by
Craig Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,100
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shores Del $278,000 Stewart Title
Lenning Mark Scott $187,000 Lawyers Title
Fleming James $99,500 Lsi Title
Federal Home Loan Mortgage Corporation $95,216 Accommodation
Craig Matthew J $139,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shores Del $264,100
Previous Owner Lenning Mark Scott $158,950
Previous Owner Craig Matthew J $125,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2016 12/06/16 Sold $278,000 0.0% $515 / Sq Ft
09/14/2016 09/14/16 Off Market $278,000 -- --
06/19/2016 06/19/16 For Sale $285,000 +52.4% $528 / Sq Ft
02/28/2014 02/28/14 Sold $187,000 -4.1% $346 / Sq Ft View Prior Sale
01/21/2014 01/21/14 For Sale $195,000 -- $361 / Sq Ft
Source: The MLS

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 $4,011 $322,637 $80,658 $241,979
2023 $4,011 $310,111 $77,527 $232,584
2022 $4,086 $304,031 $76,007 $228,024
2021 $4,004 $298,070 $74,517 $223,553
2020 $3,830 $295,014 $73,753 $221,261
2019 $3,765 $289,230 $72,307 $216,923
2018 $3,696 $283,560 $70,890 $212,670
2017 $3,642 $278,000 $69,500 $208,500
2016 $2,648 $193,643 $48,410 $145,233
2015 $2,535 $190,736 $47,684 $143,052
2014 $1,482 $104,518 $26,128 $78,390
Source: Public Records

Agents Affiliated with this Home

  • Jeff Blacker

    Seller's Agent in 2016

    Jeff Blacker

    Compass

    (760) 408-5075

    111 Total Sales

    Jeff Blacker
    Section Image

  • S

    Buyer's Agent in 2016

    Stuart Bell

    Real Estate eBroker Inc.

    (213) 479-4131

    1 in this area

    3 Total Sales

    Stuart Bell
    Section Image

  • A

    Buyer's Agent in 2016

    Allen Damon Bell

    Architecture 8, Inc.

  • J

    Seller's Agent in 2014

    Jacquelyn Storm

    Cameron Realty Group

See All Agents

Map

Source: The MLS

MLS Number: 16-136440PS

The MLS

APN: 505-266-002

California Riverside County Palm Springs 92262 Old Las Palmas

155 W Hermosa Place Unit 2, Palm Springs, CA

This home is located at 155 W Hermosa Place Unit 2, Palm Springs, CA 92262 since 19 June 2016 and is currently estimated at $378,669, approximately $701 per square foot. This property was built in 2003. 155 W Hermosa Place Unit 2 is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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