NOT LISTED FOR SALE

Estimated Value: $651,000 - $706,000

3 Beds
3 Baths
1,649 Sq Ft
$480/mo HOA Fee

Last Sold May 01, 2023

Last sale price $662,000 $401 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,855/month

16 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Mountain View
  • Palm Springs High School Rated A-
  • Gated Community
  • Living Room with Fireplace

About This Home

As of May 2023

Welcome to the gated community of Tierra Hermosa. Beautiful 3 bed / 3 bath condo with high ceilings, light and bright open living area, breathtaking mountain views, and private walled-in backyard for outdoor entertainment! Ideally situated in Central Palm Springs, close to all the restaurants, shopping and walking distance to downtown. You will appreciate the many updates in this home. Recently all the appliances have been replaced, entire home was painted, garage floor is epoxy, new garage door motor, nest thermostat, ring doorbell, electric shade, blackout shades, new ceiling fans, new drapes, new carpet, new bathroom fixtures and more. Ideally situated in complex with private entrance and a few steps to the dog park and both pools. Well kept unit that can be sold turnkey furnished outside of escrow!

Last Agent to Sell the Property

Christian Cocca

Equity Union License #01311179 Listed on: 04/02/2023

Last Buyer's Agent

Heidi Meaney

Bennion Deville Homes License #00932726

Bennion Deville Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,825

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • Drip System Landscaping
  • Sprinkler System
  • Land Lease of $2,563 expires <<landLeaseExpirationDate>>

HOA Fees

  • $480 Monthly HOA Fees

Interior Spaces

  • 1,649 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Shutters
  • Custom Window Coverings
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Mountain Views

Flooring

  • Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Parking

  • 2 Parking Garage Spaces
  • Side by Side Parking
  • Garage Door Opener
  • Driveway
  • Automatic Gate

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 009617814

Community Details

Overview

  • 82 Units
  • Tierra Hermosa Subdivision

Amenities

  • Community Barbecue Grill
  • Community Mailbox

Recreation

  • Community Pool
  • Community Spa
  • Dog Park

Security

  • Security Service
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,825

Year Built

Built in 2005

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
  • List Price per Sq Ft: 405.70
  • Lp Sp Ratio: 0.9900
  • Unit Total In Complex: 82
  • View Type: Mountain(s)
  • Year Built: 2005
  • Co Selling Member Address: 201 N Palm Canyon Drive, Suite 120, Palm Springs, CA 92262
  • Co Selling Office Address: 201 N Palm Canyon Drive, Suite 120, Palm Springs, CA 92262
  • Co Selling Office Fax: (760) 327-3991
  • Listing I D: 219093079
  • Listing Office Address: 460 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Fax: (818) 380-5100
  • Post Direction: E
  • Selling Member Address: 201 N Palm Canyon Drive, Suite 120, Palm Springs, CA 92262
  • Selling Office Address: 201 N Palm Canyon Drive, Suite 120, Palm Springs, CA 92262
  • Selling Office Fax: (760) 327-3991
  • Land Type: Lease
  • New Construction: No
  • Subdivision: Tierra Hermosa
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Built-In Features, Two Story Ceilings
  • Fireplace Features: Gas
  • Flooring: Carpet, Mixed, Stone Tile, Laminate
  • Bedroom Features: Master Suite
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Dining Area
  • Estimated Sq Ft: 1649.00
  • Windows Treatments: Custom Window Covering, Shutters, Double Pane Windows

Exterior Features

  • Patio: Enclosed
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Side By Side, Driveway, Garage Door Opener, Direct Entrance
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: Automatic Gate, Community
  • Sewer: In, Connected and Paid

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Barbecue, Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 480.00
  • Total Monthly Association Fees: 480.00
  • Unit Location: End Unit

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 009617814
  • Irrigation: Drip System, Sprinkler System

Rental Info

  • Furnished: Unfurnished
  • Land Lease Amt Annual: 2563.00
  • 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
Jun 2, 2020
Closed on
Aug 10, 2020
Sold by
Ospelt Werner
Bought by
Binder Esther Ospelt
Seller's Agent
David Banks
Bennion Deville Homes
Buyer's Agent
Chantal Sanchez
Pacific Sotheby's International Realty
List Price
$449,985
Sold Price
$428,777
Premium/Discount to List
-$21,208
-4.71%
Current Estimated Value
$683,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,579
Avg. Annual Appreciation
9.38%
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
Binder Esther Ospelt -- Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dunn-Shimosaka Family Trust $105,000
Closed Cocca Christian $452,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $662,000 -1.0% $401 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/04/2023 04/04/23 Price Changed $669,000 +3.1% $406 / Sq Ft
04/03/2023 04/03/23 Price Changed $649,000 +1.6% $394 / Sq Ft
04/02/2023 04/02/23 For Sale $639,000 +13.1% $388 / Sq Ft
10/05/2021 10/05/21 Sold $565,000 +0.9% $343 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/08/2021 08/08/21 For Sale $560,000 +30.6% $340 / Sq Ft
08/28/2020 08/28/20 Sold $428,777 +0.9% $260 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/31/2020 07/31/20 Price Changed $424,985 -0.9% $258 / Sq Ft
07/12/2020 07/12/20 Off Market $428,777 -- --
06/02/2020 06/02/20 For Sale $449,985 -- $273 / 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 $7,825 $687,514 $193,727 $493,787
2023 $7,825 $605,472 $171,972 $433,500
2022 $7,825 $593,600 $168,600 $425,000
2021 $6,149 $457,377 $135,600 $321,777
2020 $5,588 $429,520 $144,560 $284,960
2019 $0 $429,520 $144,115 $285,405
2018 $5,395 $413,000 $139,000 $274,000
2017 $5,319 $405,000 $136,000 $269,000
2016 $5,008 $392,000 $133,000 $259,000
2015 $4,744 $381,000 $125,000 $256,000
2014 $4,467 $356,000 $122,000 $234,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219093079

Greater Palm Springs Multiple Listing Service

APN: 009-617-814