23 days on rocket

1469 Yermo Dr N, Palm Springs, CA, 92262

$500,000

Home List Price

$5,938*

Closing Credit

2 Bedrooms
2 Full Baths
1,333 SqFt
$375/SqFt
Condo

Location

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1469 Yermo Dr N, Palm Springs$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDriveway, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built2004
HeatingCentral, Forced Air
CoolingCentral Air
FireplaceGas Starter, Living Room
ViewMountain(s), Neighborhood
MLS #PW24191550
StatusActive

About 1469 Yermo Dr N

Tierra Hermosa, a sought-after gated community just blocks from downtown Palm Springs. This tastefully decorated Carriage House model, is located in an interior location and is just steps to the pool/spa and BBQ area. The spacious two-bedroom, two-bathroom home is north facing with lots of natural sunlight. The open area floor plan offers separation between the primary suite and the guest bedroom/bath on opposite sides of the home for additional privacy. The kitchen features a large eating bar, stainless appliances and a walk in pantry. A covered balcony is off the Dining room and 2nd bedroom enjoying mountain and neighborhood views. Notables include a new HVAC system, water heater, custom top of the line window treatments, a separate laundry room and a two-car garage with new epoxy flooring and plenty of additional storage. The Tierra Hermosa community boasts meticulous landscaping and amenities including two pool areas, two spas, poolside cabanas, outdoor fireplaces, and a dog park. HOA dues cover internet/cable, trash, water and more. There is a 30-day minimum rental policy. This is an ideal full time home or part time getaway, offering both comfort and class in a prime desert location just a few minutes away from all that Palm Springs has to offer!

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 2004
  • Stories: 2
  • Living Area: 1,333 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (562) 673-6068
  • Listing Agent: Robert Martin

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Water Heater, Dryer, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Breakfast Bar, Balcony, Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Wired for Sound, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Walk-In Pantry
  • Fireplace: Gas Starter, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s), Neighborhood

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Corner Lot, Sloped Up

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Palm Springs High School, Public District Grades 9-12
  • Raymond Cree Middle School, Public District Grades 6-8
  • Katherine Finchy Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Use GPS. From Ramon, Head North on Sunrise Way. Turn Left (West) on Amado Road. Turn Right (North) on Hermosa Drive. Community Gate is on the Right. Cross Street: Hermosa Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
  • Price Per SqFt: $375/SqFt

HOA Fees:

  • Amount: $532
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,325
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palm Springs, CA.

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Palm Springs, CA

City

Med. Sold Price

$639.7K

Med. Price/SqFt

$421

Avg. Days On Market

70

# of Sold Homes

78

1469 Yermo Dr N vs Palm Springs

23 DAYS ON ROCKET

-47 Days

$500,000

-$139.7K Less

$375/SqFt

-$47 Less

KEY TAKEAWAY

This property is $139.7K less than the Median Sold Price and $47/SqFt less than other homes in Palm Springs, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24191550

Listing Office:

  • Office Name: Compass
  • Office Phone: (562) 673-6068
  • Listing Agent: Robert Martin

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/23/2024, 2:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 30, 2017Home Sold
$281,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,325$331,309
2020$4,324$327,912
2018$4,176$315,180
2017$3,670$310,000

History based on county public records data.

Payment Calculator

$3,095

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1004553
5
/10

  • Katherine Finchy Elementary School

  • 777 E Tachevah Dr

  • 0.76 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1004554
4
/10

  • Raymond Cree Middle School

  • 1011 E Vista Chino

  • 1.15 miles

  • Public District Grades 6-8

High School

school-card-donut-1004555
7
/10

  • Palm Springs High School

  • 2401 E Baristo Rd

  • 0.86 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,722. Most Palm Springs, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1469 Yermo Dr N

What is the listing price of this property?

The listing price of 1469 Yermo Dr N property is $500,000.

What type of property is this?

The property 1469 Yermo Dr N is a condo located in Palm Springs, California, 92262.

Is this property for sale now?

Active Listing: 1469 Yermo Dr N is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1469 Yermo Dr N are:
Katherine Finchy Elementary School: GreatSchools Rating 5/10
Raymond Cree Middle School: GreatSchools Rating 4/10
Palm Springs High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,325 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 30, 2017 for $281,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1469 Yermo Dr N has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1469 Yermo Dr N is 1,333 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1469 Yermo Dr N is 2004.

Rocket Homes›California›Riverside County›Palm Springs›92262›1469 Yermo Dr N

This home is located at 1469 Yermo Dr N in Palm Springs, CA and zip code 92262 in the South of Movie Colony neighborhood. This 1,333 square foot home was built in 2004. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 29, 2024 and is currently priced at $500,000.

Palm Springs, CA housing market in September 2024 saw over 12 listings sold above listed price, more than 12 sold at listed price and over 54 sold below. The inventory of homes for sale in Palm Springs, CA between August 2024 and September 2024 increased by 14.5%. The median list price of listings available in September 2024 was $639,771, while the average time on the real estate market was 70 days.

From Rocket Homes Real Estate and based on county public records data.

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