558 N Hermosa Dr Palm Springs, CA 92262

$800,000 Sold Price as of 10/09/2020

3 Beds
1 Baths
1,390 Sq.Ft.

Off Market

$800,000 Sold Price as of 10/09/2020 Refinance Your Mortgage

Map preview of 558 N Hermosa Dr, Palm Springs, CA 92262

Property Overview: 558 N Hermosa Dr Palm Springs, CA has 3 bedrooms, 1 bathrooms, 1,390 living square feet and 5,662 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

558 N Hermosa Dr 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 $718,000. 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 $143,600 for the down payment and will need roughly $14,360 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 558 N Hermosa Dr

Last sold for $800,000 on October 9th, 2020

October, 2020
Oct 9, 2020

Date

Sold

CRMLS: 219049605PS

$800,000

Price
Sep 23, 2020

Date

Pending

CRMLS: 219049605PS

$779,000

Price
Sep 15, 2020

Date

Active Under Contract

CRMLS: 219049605PS

$779,000

Price
Listing provided courtesy of CRMLS

Beautifully upgraded Movie Colony East bungalow. Newer, front loaded pool with fantastic wireless western mountain views. PRIVATE walled property, an easy stroll to the Village! Both bathrooms, and bedroom & garage flooring were renewed in 2020. Windows, electric panel, kitchen and much more all done in 2013. Large rear garden with cool covered patio just off the dining area. Open great room concept with social kitchen and direct access to the 2 car garage. Three spacious bedrooms including an owner suite that opens to the back garden. Clean, fresh color pallet.... the perfect ''in town'' location ready to enjoy!

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October, 2020
Oct 9, 2020

Date

Sold (Public Records)

Public Records

$800,000

Price
November, 2014
Nov 24, 2014

Date

Price Change

CRMLS: 21477145DA

$295,000

Price
Listing provided courtesy of CRMLS

558 North Hermosa is located in the heart of Palm Springs in the communities of Ruth Hardy Park & Movie Colony East. This California Bungalow is in a great location close to downtown, yet quiet and private. Opportunity is Knocking and just in time for a new season in the desert. Fresh and clean with new paint & carpet, you'll enjoy an easy lifestyle here with over 1,300 square feet with 3 bedrooms, 2 baths and newly installed central air conditioner. With all the charm of palm springs; this Bungalow is ready to be your oasis in the desert. This is a must see before you buy - priced to sell and an easy choice for the desert lifestyle.

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July, 2013
Jul 30, 2013

Date

Sold (Public Records)

Public Records

$295,000

Price

Tax History for 558 N Hermosa Dr

Assessed Value (2020): $359,799

Year	Land Value	Improved Value	Assessed Value
2020	$100,876	$258,923	$359,799

About 558 N Hermosa Dr

Detailed summary of property

558 N Hermosa Dr is a single family home in Palm Springs, CA 92262 and last sold on October 9, 2020 for $800,000. This house has 3 bedrooms, 1 bathrooms, roughly 1,390 living square feet, and sits on an approximately 5,662 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 35.59% higher than the current median priced home. 558 N Hermosa Dr was last sold on October 9, 2020 for $800,000. Local nearby listings include 1225 Hardt St, 7061 Newbury Ave and 7012 Newbury Ave. The average home in Palm Springs, CA is selling in 130 days. There are currently 769 homes for sale in the Palm Springs real estate market and 397 of them are single family homes while 358 of them are condos and 14 are townhomes. If you are the homeowner and looking to sell the home at 558 N Hermosa Dr 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 558 N Hermosa Dr

Public county record property details

Beds: 3
Baths: 1
Year built: 1973
Sq. Ft.: 1,390
Lot Size: 5,662
Stories: 1

Type: Single Family Residential
Pool: Yes
Spa: No
County: Riverside
Lot#: 5
APN: 507-291-015

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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