NOT LISTED FOR SALE

486 N Hermosa Dr Palm Springs, CA 92262

Midtown Palm Springs Neighborhood

Estimated Value: $696,306 - $864,000

3 Beds
3 Baths
1,650 Sq Ft
2,178 Sq Ft Lot

Last Sold May 29, 2018

Last sale price $525,000 $318 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,979/month

14 Days on Market

About This Home

As of May 2018

Green House East condo on FEE LAND (land you own) offers 3 bedrooms and 3 bathrooms. Enter via the direct access from the street into the large private courtyard equipped with private spool, sitting area and mountain views. Once inside, the open floor plan yields way for entertaining and great flow. The wet bar is located behind antique wooden doors and a beverage fridge is located just inside the kitchen. The kitchen offers up a large 4 burner gas range with stainless back splash, built in microwave and stainless refrigerator and dishwasher. The two master suites are located on opposite sides of the condo allowing for maximum privacy. The third bedroom could easily be converted back into a den should one desire. The bathroom counters, showers and kitchen have all been updated with new stone for a sleek contemporary feel. Call for a private showing.

Last Agent to Sell the Property

Leaskou-King & Associates

Desert Lifestyle Properties License #01893443 Listed on: 03/26/2018

Desert Lifestyle Properties

Last Buyer's Agent

William Sileo

The Paul Kaplan Group Inc License #02039275

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2018
Closed on
Apr 10, 2018
Sold by
Lochart Andrew and Dunbar Melisa
Bought by
Mitchell Robert E and Cuesta Jose De La
Seller's Agent
Leaskou-King & Associates
Desert Lifestyle Properties
Buyer's Agent
William Sileo
The Paul Kaplan Group Inc
List Price
$525,000
Sold Price
$525,000
Total Days on Market
14
Current Estimated Value
$782,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,577
Avg. Annual Appreciation
5.83%
Original Mortgage
$393,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2016
Sold by
Lochart Andrew and Dunbar Melisa
Bought by
Dunbar Lochart Trust

Purchase Details

Closed on
Nov 16, 2011
Sold by
Kettler William E and William Kettler Family Trust
Bought by
Lochart Andrew and Dunbar Melisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2011
Sold by
Kettler William
Bought by
Kettler William E and William Kettler Family Trust

Purchase Details

Closed on
Apr 2, 2008
Sold by
Greenhouse East Homeowners Assn Inc
Bought by
Kettler William and Kettler Marjorie M
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
Mitchell Robert E $525,000 First American Title Company
Dunbar Lochart Trust -- None Available
Lochart Andrew $290,000 Lawyers Title Company
Kettler William E -- None Available
Kettler William $64,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Robert E $444,600
Closed Mitchell Robert E $56,929
Previous Owner Mitchell Robert E $393,750
Previous Owner Lochart Andrew $97,300
Previous Owner Lockhart Andrew $225,000
Previous Owner Lochart Andrew $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2018 05/29/18 Sold $525,000 0.0% $318 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $525,000 -- $318 / Sq Ft
Source: Palm Springs Regional 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
2023 $7,286 $574,161 $143,539 $430,622
2022 $7,428 $562,904 $140,725 $422,179
2021 $7,277 $551,867 $137,966 $413,901
2020 $6,951 $546,209 $136,552 $409,657
2019 $6,831 $535,500 $133,875 $401,625
2018 $4,285 $330,950 $80,030 $250,920
2017 $4,223 $324,461 $78,461 $246,000
2016 $4,102 $318,100 $76,923 $241,177
2015 $3,934 $313,323 $75,768 $237,555
2014 $3,878 $307,187 $74,285 $232,902
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Ben & Josh

    BHGRE I Leaskou Partners

  • William Sileo

    Buyer's Agent in 2018

    William Sileo

    The Paul Kaplan Group Inc

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-326694PS

APN: 508-550-004

California Riverside County Palm Springs 92262 Midtown Palm Springs

486 N Hermosa Dr, Palm Springs, CA

This home is located at 486 N Hermosa Dr, Palm Springs, CA 92262 since 26 March 2018 and is currently estimated at $782,577, approximately $474 per square foot. This property was built in 1979. 486 N Hermosa Dr 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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