NOT LISTED FOR SALE

Estimated Value: $889,862 - $1,005,000

3 Beds
2 Baths
1,374 Sq Ft
$691/Sq Ft Est. Value

Last Sold February 07, 2024

Last sale price $970,000 $706 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,914/month

6 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • No HOA
  • Palm Springs High School Rated A-
  • Contemporary Architecture
  • Fenced Yard

About This Home

As of February 2024

Welcome to 744 N. Hermosa Dr, a captivating oasis nestled in the heart of Palm Springs. This 3BR/2BR pool home is centrally located on a quiet street in the historic Movie Colony East neighborhood. Take in the amazing mountain views as you enter the private, gated front yard with tranquil fountain or relax in the ultra-private backyard patio, pool and spa. This home has all the charm of a mid-1900's home along with many modern upgrades and newer finishes such as slate tile floor throughout, a gas fireplace in the living room, updated bathrooms and modern kitchen. The home also has a newer roof, recessed lighting, A/C and windows. Discover your own private paradise. Whether you're seeking a permanent residence or second home, this property presents an excellent opportunity in one of Palm Springs' most coveted neighborhoods. No HOA or Land Lease - you own the land!

Last Agent to Sell the Property

Julian Heaney

Equity Union License #01890838 Listed on: 01/05/2024

Equity Union

Last Buyer's Agent

Chase Hoyt

Compass License #02118508

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,064

Year Built

  • Built in 1947

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced Yard
  • Block Wall Fence
  • Property is zoned R1C

Property Views

  • Mountain
  • Desert

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,374 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Tile Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Shed
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 507-281-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,064

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Welcome to 744 N. Hermosa Dr, a captivating oasis nestled in the heart of Palm Springs. This 3BR/2BR pool home is centrally located on a quiet street in the historic Movie Colony East neighborhood. Take in the amazing mountain views as you enter the private, gated front yard with tranquil fountain or relax in the ultra-private backyard patio, pool and spa. This home has all the charm of a mid-1900's home along with many modern upgrades and newer finishes such as slate tile floor throughout, a gas fireplace in the living room, updated bathrooms and modern kitchen. The home also has a newer roof, recessed lighting, A/C and windows. Discover your own private paradise. Whether you're seeking a permanent residence or second home, this property presents an excellent opportunity in one of Palm Springs' most coveted neighborhoods. No HOA or Land Lease - you own the land!
  • Builders Tract Code: 5740
  • Living Area: 1374
  • Lot Acreage: 0.1300
  • Stories: 1
  • Year Built: 1947
  • Builders Tract Name: Movie Colony East
  • Number Of Photos: 47
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 716.89

Exterior Features

  • Other Structures: Shed(s)
  • Fence: Block
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: Private, In Ground
  • Spa Yn: Yes
  • View: Desert, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 507-281-019
  • Lot Description: Fenced Yard
  • Lot Size Area: 5663

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Jan 26, 2024
Sold by
Crowley Walter E and Kincaid Donald J
Bought by
Cutler Stuart and Cutler Sue-Ellen
Seller's Agent
Julian Heaney
Equity Union
Buyer's Agent
Chase Hoyt
Compass
List Price
$985,000
Sold Price
$970,000
Premium/Discount to List
-$15,000
-1.52%
Views
34
Current Estimated Value
$949,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,784
Avg. Annual Appreciation
-1.87%
Original Mortgage
$679,000
Outstanding Balance
$668,323
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$274,779

Purchase Details

Listed on
Oct 19, 2016
Closed on
Jan 11, 2017
Sold by
Tafoya Sammy Rudy
Bought by
Crowley Walter E and Kincaid Donald J
Seller's Agent
Brett Kayzar
Compass
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$599,000
Sold Price
$563,500
Premium/Discount to List
-$35,500
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$394,450
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2016
Closed on
Dec 15, 2016
Sold by
Manley Marilee Michelle
Bought by
Summerlee Timothy Paul and Summerlee Araceli
Seller's Agent
Brett Kayzar
Compass
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$599,000
Sold Price
$563,500
Premium/Discount to List
-$35,500
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,450
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2014
Sold by
Tafoya Sammy Rudy and Duncan David W
Bought by
Tafoya Sammy Rudy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,800
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2004
Sold by
Schwecke Barbara and Schwecke Eston
Bought by
Tafoya Sammy Rudy and Duncan David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,200
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2004
Sold by
Johnson Larry A
Bought by
Schwecke Eston and Schwecke Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,910
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2002
Sold by
Johnson Larry Alan
Bought by
Johnson Larry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 1999
Sold by
Alan Johnson Larry
Bought by
Johnson Larry Alan
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
Cutler Stuart $970,000 Lawyers Title
Crowley Walter E $563,500 Lawyers Title
Summerlee Timothy Paul $15,000 Lawyers Title Co
Tafoya Sammy Rudy -- First American Title
Tafoya Sammy Rudy $519,000 Chicago Title Co
Schwecke Eston $270,000 First American Title Co
Johnson Larry A -- --
Johnson Larry Alan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cutler Stuart $679,000
Previous Owner Crowley Walter E $378,000
Previous Owner Crowley Walter E $394,450
Previous Owner Tafoya Sammy Rudy $440,800
Previous Owner Tafoya Sammy Rudy $150,000
Previous Owner Tafoya Sammy Rudy $415,200
Previous Owner Schwecke Eston $242,910
Previous Owner Johnson Larry A $122,000
Previous Owner Johnson Larry A $120,000
Previous Owner Johnson Larry Alan $87,600
Previous Owner Johnson Larry Alan $77,600
Closed Tafoya Sammy Rudy $51,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2024 02/07/24 Sold $970,000 -1.5% $706 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $985,000 +74.8% $717 / Sq Ft
02/01/2017 02/01/17 Sold $563,500 -2.7% $410 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
12/02/2016 12/02/16 Price Changed $579,000 -3.3% $421 / Sq Ft
10/19/2016 10/19/16 For Sale $599,000 -- $436 / 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 $8,064 $1,681,976 $296,822 $1,385,154
2023 $8,064 $628,589 $188,575 $440,014
2022 $8,226 $616,265 $184,878 $431,387
2021 $8,060 $604,182 $181,253 $422,929
2020 $7,699 $597,988 $179,395 $418,593
2019 $7,567 $586,264 $175,878 $410,386
2018 $7,426 $574,770 $172,431 $402,339
2017 $7,317 $563,500 $164,000 $399,500
2016 $4,968 $380,000 $114,000 $266,000
2015 $5,111 $379,000 $114,000 $265,000
2014 $4,069 $315,000 $94,000 $221,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-343423

The MLS

APN: 507-281-019