NOT LISTED FOR SALE

155 W Hermosa Place Unit 7 Palm Springs, CA 92262

Old Las Palmas Neighborhood

Estimated Value: $466,000 - $526,000

1 Bed
2 Baths
761 Sq Ft
$443/mo HOA Fee

Last Sold April 20, 2021

Last sale price $384,000 $505 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,483/month

146 Days on Market

Highlights

  • Golf Course Community
  • Heated In Ground Pool
  • Open Floorplan
  • Palm Springs High School Rated A-
  • Updated Kitchen
  • Midcentury Modern Architecture

About This Home

As of April 2021

Available for Back up Offers...Exclusive opportunity in heart of Old Las Palmas at this architecturally impressive Mid-Century Modern Condo. 'VIlla Hermosa' designed by Albert Frey in 1947. Enjoy hip & private enclave right in the center of up-beat vibe of happening Palm Springs Uptown Design District! Nestled-in w/multi-million dollar celebrity estates. Leave your car in the covered parking--visit iconic & vibrant spots like Trina Turk, The Workshop, Trio--a plethora of unique boutiques & restaurants. Stroll to downtown attractions or simply indulge yourself in the community's resort-like sparkling swimming pool/spa. Desirable (all) 1-level living w two baths, picturesque palm tree framed Mountain vistas. Fully enclosed patio for indoor/outdoor lifestyle. Interior features bright & light open floor-plan. Sensible updates, all tile floors. Superb vacation or rental investment w/rare short term 3-day rental flexibility allowed! Can be furnished per inventory so you may simply move right in or use as your weekend retreat & rent to offset your fun!

Last Agent to Sell the Property

Richard Chamberlin

Coldwell Banker Realty License #01232493 Listed on: 11/19/2020

Last Buyer's Agent

Reagan Richter

HK Lane Real Estate License #02031224

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,205

Year Built

  • Built in 2003

Lot Details

  • Wrought Iron Fence
  • Block Wall Fence
  • Drip System Landscaping
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $443 Monthly HOA Fees

Property Views

  • Mountain
  • Pool

Home Design

  • Midcentury Modern Architecture
  • Modern Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Foam Roof
  • Stucco Exterior

Interior Spaces

  • 761 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Double Pane Windows
  • Vertical Blinds
  • Double Door Entry
  • French Doors
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Updated Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Shower Only in Secondary Bathroom

Parking

  • 3 Car Parking Spaces
  • 1 Detached Carport Space
  • Guest Parking
  • On-Street Parking
  • 1 Assigned Parking Space

Accessible Home Design

  • Wheelchair Adaptable
  • No Interior Steps

Eco-Friendly Details

  • Green Features
  • Energy-Efficient Windows

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Spa
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Enclosed Patio or Porch

Location

  • Ground Level
  • Property is near a park
  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 505266007

Community Details

Overview

  • Association fees include building & grounds, water, trash, maintenance paid, gas, earthquake insurance
  • 21 Units
  • Built by Albert Frey AIA
  • Las Palmas Villa Hermosa Subdivision

Amenities

  • Laundry Facilities
  • Community Mailbox

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,205

Year Built

Built in 2003

Lot Details

0

HOA Fees

$443 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: One, Ground
  • Builder Name: Albert Frey AIA
  • Builders Tract Code: 29987
  • Building Style: Mid Century, Modern
  • Disability Access: No Interior Steps, Wheelchair Adaptable
  • Entry Floor: 1
  • Entry Location: Ground Level - No Steps
  • Included In Sale: furnishings can be negotiated to be included for a turnkey package
  • List Price per Sq Ft: 519.05
  • Lp Sp Ratio: 0.9700
  • Unit Total In Complex: 21
  • View Type: Mountain(s), Pool
  • Year Built: 2003
  • Listing I D: 219053397
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Selling Office Address: 800 N Palm Canyon Dr, Suite D& E, Palm Springs, CA 92262
  • Selling Office Fax: (760) 832-6203
  • Street Direction: W
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Las Palmas - Villa Hermosa
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave Oven
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Flooring: Tile
  • Bedroom Features: Main Floor Master Bedroom
  • Total Bedrooms: 1
  • Bathroom Features: Remodeled, Shower Stall
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Living/Dining Combo
  • Kitchen Features: Laminate Counters, Remodeled
  • Laundry: Community
  • Estimated Sq Ft: 761.00
  • Windows Treatments: Double Pane Windows, Blinds, Vertical Blinds

Exterior Features

  • Construction: Hard Coat Stucco
  • Other Features: Premium Lot
  • Roofing: Foam
  • Fencing: Block, Wrought Iron
  • Foundation: Slab
  • Patio: Concrete Slab, Enclosed
  • Pool: Yes
  • Pool Accessories: Safety Gate
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated, Community, In Ground, Gunite
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Community, Heated
  • View: Yes

Garage/Parking

  • Parking: Assigned, Guest, On Street, Detached Carport
  • Total Carport Spaces: 1.00
  • Total Covered Spaces: 1.00
  • Total Parking Spaces: 3.00
  • Total Uncovered Assigned Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Forced Air, Hot Water
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Water, Trash, Maintenance Paid, Gas, Earthquake Insurance
  • Association Amenities: Pet Rules
  • HOA Information: Yes
  • HOA Fee 1: 443.00
  • Total Monthly Association Fees: 443.00
  • Unit Location: Ground Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 505266007
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Description: Curbs, Utilities Underground, Street Public, Sidewalks, Level, Landscaped
  • Lot Location: Near Public Transit, Park Nearby
  • Lot Size: 436.00

Green Features

  • Green Energy Efficient: Windows
  • Green Features: Yes
  • Green Location: Transportation, Walkability

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 2

MLS Schools

  • Other Schools: Palm Valley
  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Apr 5, 2021
Sold by
Lee Kenneth D and Lee Andrea R
Bought by
Carcieri Elizabeth
Seller's Agent
Richard Chamberlin
Coldwell Banker Realty
Buyer's Agent
Reagan Richter
HK Lane Real Estate
List Price
$449,000
Sold Price
$384,000
Premium/Discount to List
-$65,000
-14.48%
Current Estimated Value
$496,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,933
Avg. Annual Appreciation
5.87%

Purchase Details

Closed on
Dec 12, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lee Kenneth D and Lee Andrea R

Purchase Details

Closed on
Jun 1, 2011
Sold by
Shaffer Patricia
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 26, 2005
Sold by
Webster Tad R
Bought by
Shaffer Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2002
Sold by
Spartan Villa Hermosa Llc
Bought by
Webster Tad R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
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
Carcieri Elizabeth $384,000 Equity Title Company
Lee Kenneth D $130,000 Lsi Title Company
Federal Home Loan Mortgage Corporation $129,178 Accommodation
Shaffer Patricia $275,000 Commonwealth Land Title Co
Webster Tad R $169,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaffer Patricia $220,000
Previous Owner Webster Tad R $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2021 04/20/21 Sold $384,000 -2.8% $505 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
03/19/2021 03/19/21 Price Changed $395,000 -1.0% $519 / Sq Ft
01/05/2021 01/05/21 Price Changed $399,000 -3.9% $524 / Sq Ft
12/15/2020 12/15/20 Price Changed $415,000 -7.6% $545 / Sq Ft
11/19/2020 11/19/20 For Sale $449,000 -- $590 / 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 $5,205 $415,651 $172,105 $243,546
2023 $5,205 $399,513 $165,423 $234,090
2022 $5,308 $391,680 $162,180 $229,500
2021 $2,196 $150,843 $38,288 $112,555
2020 $2,106 $149,297 $37,896 $111,401
2019 $2,073 $146,370 $37,153 $109,217
2018 $2,038 $143,501 $36,426 $107,075
2017 $2,011 $140,688 $35,712 $104,976
2016 $1,958 $137,930 $35,012 $102,918
2015 $1,871 $135,860 $34,487 $101,373
2014 $1,834 $133,200 $33,812 $99,388
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Richard Chamberlin

    Coldwell Banker Realty

  • R

    Buyer's Agent in 2021

    Reagan Richter

    HK Lane Real Estate

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219053397

California Desert Association of REALTORS®

APN: 505-266-007

California Riverside County Palm Springs 92262 Old Las Palmas

155 W Hermosa Place Unit 7, Palm Springs, CA

This home is located at 155 W Hermosa Place Unit 7, Palm Springs, CA 92262 since 19 November 2020 and is currently estimated at $496,933, approximately $653 per square foot. This property was built in 2003. 155 W Hermosa Place Unit 7 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.

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