470 W Hermosa Pl Palm Springs, CA 92262

$391,500 Sold Price as of 02/22/2012

2 Beds
2 Baths
1,512 Sq.Ft.

Off Market

$391,500 Sold Price as of 02/22/2012 Refinance Your Mortgage

Map preview of 470 W Hermosa Pl, Palm Springs, CA 92262

Property Overview: 470 W Hermosa Pl Palm Springs, CA has 2 bedrooms, 2 bathrooms, 1,512 living square feet and 14,810 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

470 W Hermosa Pl is currently an off market home in the city of Palm Springs. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Palm Springs has a median list price of $710,000. The median price per/sqft for Palm Springs is $458. With those numbers in mind, if you are looking to purchase a median priced home in Palm Springs, CA and put 20% down you will need to save up $142,000 for the down payment and will need roughly $14,200 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Palm Springs the commission could be as much as $29,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 470 W Hermosa Pl

Last sold for $391,500 on February 22nd, 2012

June, 2017
Jun 1, 2017

Date

Expired

CRMLS: 16168284PS

$1,175,000

Price
Apr 27, 2017

Date

Active

CRMLS: 16168284PS

$1,175,000

Price
Apr 14, 2017

Date

Active Under Contract

CRMLS: 16168284PS

$1,175,000

Price
Oct 5, 2016

Date

Active

CRMLS: 16168284PS

$1,175,000

Price
Listing provided courtesy of CRMLS

Situated across the street from the Elizabeth Taylor Estate and directly next door to the Dinah Shore Estate, 470 West Hermosa Place offers one of the most PRIVATE lots available in Old Las Palmas. This prestigious address is close to Downtown, within walking distance to The Uptown Design District, yet is surrounded by private residences. Upon entering the private shared driveway, one can see the seclusion of the property as they approach the large decorative metal gates at the end of the easement. Built in 1940, this home boasts old-world Spanish charm, coupled with modern amenities that today's homeowners demand. Entering through the archways, the home is fully upgraded with tile floors throughout, newer finishes & granite countertops in the baths and kitchen, three fireplaces, pebble-tec pool/spa, dual zone A/C system, double-pane windows, and large open space concept in the kitchen/living rooms. The home has a three-car garage, plentiful parking and stellar views from all angles.

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March, 2017
Mar 7, 2017

Date

Expired

CRMLS: 16103494PS

$6,500

Price
Jun 29, 2016

Date

Price Change

CRMLS: 16103494PS

$6,500

Price
Mar 29, 2016

Date

Price Change

CRMLS: 16103494PS

$4,200

Price
Mar 8, 2016

Date

Price Change

CRMLS: 16103494PS

$4,900

Price
Listing provided courtesy of CRMLS

Leased July 15,2016 to end of Dec. Available Jan and Feb no March. Then again April 2017. Old Las Palmas home is available for vacation and annual lease. Furnished and move in ready. Please call for availability and dates. Occupied currently. Can be leased for less than 1 year. Please call for pricing and special event pricing. Need a large space for boat or RV. This is a must see then. This flag lot offers a private drive for total privacy. 3 bedroom and 3 baths. Sleeps a lot if needed. Pool and Spa have total privacy and the best views you could ask for. Currently used for vacation rental but available for annual lease as well.

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April, 2016
Apr 29, 2016

Date

Price Change

CRMLS: 15910101PS

$1,190,000

Price
Apr 9, 2016

Date

Price Change

CRMLS: 15910101PS

$1,150,000

Price
Feb 24, 2016

Date

Price Change

CRMLS: 15910101PS

$1,050,000

Price
Jan 13, 2016

Date

Price Change

CRMLS: 15910101PS

$1,225,000

Price
Nov 17, 2015

Date

Price Change

CRMLS: 15910101PS

$1,271,000

Price
Aug 17, 2015

Date

Price Change

CRMLS: 15910101PS

$1,275,000

Price
Aug 16, 2015

Date

Price Change

CRMLS: 15910101PS

$12,750,000

Price
Jul 21, 2015

Date

Price Change

CRMLS: 15910101PS

$1,310,000

Price
Jun 1, 2015

Date

Price Change

CRMLS: 15910101PS

$1,329,000

Price
Listing provided courtesy of CRMLS

Price slashed for fast sell!!!Bring offer. This privatized lot holds endless possibilities. Next to the Dinah Shore estate and close to Hollywood elite. This home currently is 3 bedrooms and 3 baths. There is a 3 car tandem attached garage. Newer pool and spa. Two zones of A/C. 3 fireplaces and tile flooring throughout. The over-sized lot will allow you to add on and create a larger home. The roof line will allow you to add 7 to 8 ft out. Additional space for bedrooms too! The neighborhood boast the best of Palm Springs lifestyle. A private and double gated drive. The possibilities are endless. Continue designing and create a private estate. Lot has space for multiple garages or multiple guest quarters. The home is in move in condition and has furnishings. This is a HUGE buy for the owner builder. Call for quotes and contractor. Rental information is available online.Call for your private showing.

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February, 2012
Feb 22, 2012

Date

Sold (Public Records)

Public Records

$391,500

Price
September, 2011
Sep 9, 2011

Date

Sold (Public Records)

Public Records

$280,000

Price

Tax History for 470 W Hermosa Pl

Assessed Value (2020): $482,962

Year	Land Value	Improved Value	Assessed Value
2020	$172,268	$310,694	$482,962

About 470 W Hermosa Pl

Detailed summary of property

470 W Hermosa Pl is a single family home in Palm Springs, CA 92262 and last sold on February 22, 2012 for $391,500. This house has 2 bedrooms, 2 bathrooms, roughly 1,512 living square feet, and sits on an approximately 14,810 square foot lot. Homes in Palm Springs are selling for a median price of $590,000 and a median price per square foot of $412. Based on Ardent Real Estate Group's Palm Springs Market Data, this home is sold 33.64% lower than the current median priced home. 470 W Hermosa Pl was last sold on February 22, 2012 for $391,500. Local nearby listings include 1225 Hardt St, 7061 Newbury Ave and 8257 Gardenia Vista Rd. The average home in Palm Springs, CA is selling in 133 days. There are currently 744 homes for sale in the Palm Springs real estate market and 383 of them are single family homes while 346 of them are condos and 15 are townhomes. If you are the homeowner and looking to sell the home at 470 W Hermosa Pl Palm Springs, CA 92262 contact Ardent Real Estate Group and we will put you in touch with one of our Palm Springs agents.

Public Facts for 470 W Hermosa Pl

Public county record property details

Beds: 2
Baths: 2
Year built: 1940
Sq. Ft.: 1,512
Lot Size: 14,810
Stories: 1

Type: Single Family Residential
Pool: Yes
Spa: No
County: Riverside
Lot#: 2
APN: 505-252-022

The source for these homes facts are from public records.

92262 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$785,000

Median List Price/Sq.Ft.

$472

Median Sold Price

$637,500

Median Sold Price/Sq.Ft.

$445

Total Inventory

468

Median Sale to List Price %

98.84%

Avg Days on Market

Loan Type

Conventional (26.92%), FHA (1.92%), VA (0%), Cash (38.46%), Other (5.77%)

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