NOT LISTED FOR SALE

155 W Hermosa Place Unit 5 Palm Springs, CA 92262

Old Las Palmas Neighborhood

Estimated Value: $473,002 - $536,000

1 Bed
1 Bath
663 Sq Ft
$516/mo HOA Fee

Last Sold March 22, 2024

Last sale price $515,000 $777 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,555/month

25 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Quartz Countertops
  • Palm Springs High School Rated A-
  • End Unit
  • Double Door Entry

About This Home

As of March 2024

This iconic mid-century modern complex, designed by legendary architect Albert Frey, is in the Old Las Palmas neighborhood right in the heart of Palm Springs. Villa Hermosa is a unique investment opportunity with the HOA allowing short-term rentals and buyers to verify. Clean lines, geometric shapes, and expansive open space dominate the exterior, reflecting the International Style of modernism that Frey championed. Cantilevered roofs provide shade and architectural drama, while the complex layout embraces the desert landscape, which offers its residents both privacy and community. The result is a stunningly simple yet captivating structure with a perfect location. The condo has two patios, one of which is one of the largest patios in the complex and has stunning mountain views. The remodeled kitchen is generous in size, with updated appliances, counter, and lighting. Enjoy the walk-in shower with the renovated bathroom. The living spaces have updated tile and shutters. Take in the beautifully golden-red-colored San Jacinto Mountains with coffee or a twilight dinner party on the patio.

Last Agent to Sell the Property

Ttk Represents

Compass License #01327863 Listed on: 02/01/2024

Compass

Last Buyer's Agent

Jesse Huskey

Compass License #01475480

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,272

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • End Unit
  • Block Wall Fence
  • Sprinkler System
  • Historic Home

HOA Fees

  • $516 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Metal Siding
  • Stucco

Interior Spaces

  • 663 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Plantation Shutters
  • Double Door Entry
  • French Doors
  • Living Room
  • Tile Flooring
  • Mountain Views

Kitchen

  • Oven or Range
  • Gas and Electric Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Assigned Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill
  • Front Porch

Utilities

  • Air Conditioning
  • Central Heating
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 505-266-005

Community Details

Overview

  • Association fees include trash, water and sewer paid, earthquake insurance, gas, building and grounds
  • 21 Units
  • Association Phone (760) 712-4061

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,272

Year Built

Built in 2003 | Remodeled

Lot Details

0

HOA Fees

$516 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Builders Tract Code: 5900
  • Complex Name: Villa Hermosa
  • Disability Access: 32 inch or more wide doors
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Living Area: 663
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 2003
  • Builders Tract Name: LasPalmas-VllaHermosa
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Common Walls, Recessed Lighting
  • Flooring: Tile
  • Appliances: Gas/Electric Range, Microwave, Gas
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Quartz Counters, Remodeled
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 791.86
  • Windows: Plantation Shutters

Exterior Features

  • Construction: Metal Siding, Stucco
  • Other Features: Barbecue Private, Double Door Entry, End Unit, French Doors, Historical
  • Tennis Court Y/N: No
  • Fence: Block
  • Patio: Porch - Front, Porch - Rear
  • Pool Description: Community
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned, Covered Parking, Parking Space
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Community, Fire and Smoke Detection System
  • Sewer: In Street Paid

Association/Amenities

  • Amenities: Spa, Pool
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water and Sewer Paid, Earthquake Insurance, Gas, Building and Grounds
  • HOA Fees: 516.00
  • Phone: 7607124061|
  • HOA: Yes

Lot Info

  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 505-266-005
  • Lot Size Area: 1067

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 5, 2024
Sold by
Scott V Serafin Revocable Trust and Serafin Scott V
Bought by
Serafin Scott V
Seller's Agent
Ttk Represents
Compass
Buyer's Agent
Jesse Huskey
Compass
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Views
22
Current Estimated Value
$511,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,499
Avg. Annual Appreciation
-0.43%

Purchase Details

Closed on
Dec 10, 2021
Sold by
Serafin Scott V
Bought by
Scott V Serafin Revocable Trust and Serafin

Purchase Details

Closed on
Jul 6, 2015
Sold by
Bell Allen Damon
Bought by
Serafin Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2015
Closed on
Mar 9, 2015
Sold by
Slusser Rodney C
Bought by
Bell Allen Damon
Seller's Agent
David Whitworth
Compass
Buyer's Agent
Jacquelyn Storm
Cameron Realty Group
List Price
$239,000
Sold Price
$239,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%

Purchase Details

Listed on
Feb 15, 2015
Closed on
Mar 7, 2015
Sold by
Bell Stuart
Bought by
Bell Allen Damon
Seller's Agent
David Whitworth
Compass
Buyer's Agent
Jacquelyn Storm
Cameron Realty Group
List Price
$239,000
Sold Price
$239,000

Purchase Details

Closed on
Feb 5, 2007
Sold by
Slusser Rodney C and Defacio Paul A
Bought by
Slusser Rodney C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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Average Value
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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
Serafin Scott V $515,000 Orange Coast Title
Scott V Serafin Revocable Trust -- None Listed On Document
Serafin Scott $285,000 Orange Coast Title Company
Bell Allen Damon $239,000 Orange Coast Title
Bell Allen Damon -- None Available
Slusser Rodney C -- Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Serafin Scott $130,000
Previous Owner Slusser Rodney C $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2024 03/22/24 Sold $515,000 -1.9% $777 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $525,000 +119.7% $792 / Sq Ft
03/13/2015 03/13/15 Sold $239,000 0.0% $328 / Sq Ft View Prior Sale
02/15/2015 02/15/15 For Sale $239,000 -- $328 / 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 $4,272 $525,300 $193,800 $331,500
2023 $4,272 $324,274 $81,067 $243,207
2022 $4,356 $317,917 $79,478 $238,439
2021 $4,270 $311,684 $77,920 $233,764
2020 $4,084 $308,490 $77,122 $231,368
2019 $4,016 $302,442 $75,610 $226,832
2018 $3,944 $296,513 $74,128 $222,385
2017 $3,889 $290,700 $72,675 $218,025
2016 $3,780 $285,000 $71,250 $213,750
2015 $2,841 $223,000 $71,000 $152,000
2014 -- $171,000 $55,000 $116,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Ttk Represents

    Compass

    (760) 350-9253

    8 in this area

    238 Total Sales

    Ttk Represents
    Section Image
  • Jesse Huskey

    Buyer's Agent in 2024

    Jesse Huskey

    Compass

    (760) 668-8933

    4 in this area

    143 Total Sales

    Jesse Huskey
    Section Image
  • David Whitworth

    Seller's Agent in 2015

    David Whitworth

    Compass

    (760) 218-7110

    2 in this area

    142 Total Sales

    David Whitworth
    Section Image

  • J

    Buyer's Agent in 2015

    Jacquelyn Storm

    Cameron Realty Group

See All Agents

Map

Source: The MLS

MLS Number: 24-353411

The MLS

APN: 505-266-005

California Riverside County Palm Springs 92262 Old Las Palmas

155 W Hermosa Place Unit 5, Palm Springs, CA

This home is located at 155 W Hermosa Place Unit 5, Palm Springs, CA 92262 since 01 February 2024 and is currently estimated at $511,501, approximately $771 per square foot. This property was built in 2003. 155 W Hermosa Place Unit 5 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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