626 N Hermosa Dr Palm Springs, CA 92262

$549,000 Sold Price as of 01/14/2015

2 Beds
1 Baths
1,533 Sq.Ft.

Off Market

$549,000 Sold Price as of 01/14/2015 Refinance Your Mortgage

Map preview of 626 N Hermosa Dr, Palm Springs, CA 92262

Property Overview: 626 N Hermosa Dr Palm Springs, CA has 2 bedrooms, 1 bathrooms, 1,533 living square feet and 6,098 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

626 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 626 N Hermosa Dr

Last sold for $549,000 on January 14th, 2015

January, 2015
Jan 14, 2015

Date

Sold (Public Records)

Public Records

$549,000

Price
November, 2014
Nov 28, 2014

Date

Price Change

CRMLS: 14813043PS

$549,000

Price
Listing provided courtesy of CRMLS

Charm and Location! You'll fall in love with the mid-century inspired lines and western mountain views of this two bedroom, two bathroom home in the heart of Ruth Hardy Park/Movie Colony East. Just 8/10ths of a mile from the shops, restaurants and galleries of Palm Canyon Drive. Since their purchase in 2001 the current owners have transformed it and the yard. Block walls with custom-designed gates and a pool and spa were added. Roof, doors and windows were replaced. Electrical panel replaced and system updated. Track lighting, ceiling fans and a sound system were added. The A/V components including the flat screen TVs will remain. Plumbing upgrades include a tankless hot water heater, custom-designed shower in the Master and Toto toilets. Walls and ceilings were skim coated for painting (no cheap spray-on orange peel here) and the flooring replaced throughout with poured-in-place polished terrazzo (not those chintzy tiles). Exterior painted in 2013. Make it yours today!

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March, 2001
Mar 21, 2001

Date

Sold (Public Records)

Public Records

$180,000

Price

Tax History for 626 N Hermosa Dr

Assessed Value (2020): $603,313

Year	Land Value	Improved Value	Assessed Value
2020	$180,993	$422,320	$603,313

About 626 N Hermosa Dr

Detailed summary of property

626 N Hermosa Dr is a single family home in Palm Springs, CA 92262 and last sold on January 14, 2015 for $549,000. This house has 2 bedrooms, 1 bathrooms, roughly 1,533 living square feet, and sits on an approximately 6,098 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 6.95% lower than the current median priced home. 626 N Hermosa Dr was last sold on January 14, 2015 for $549,000. 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 626 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 626 N Hermosa Dr

Public county record property details

Beds: 2
Baths: 1
Year built: 1951
Sq. Ft.: 1,533
Lot Size: 6,098
Stories: 1

Type: Single Family Residential
Pool: Yes
Spa: No
County: Riverside
Lot#: 8
APN: 507-281-014

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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