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155 W Hermosa Pl Unit 5, Palm Springs, CA, 92262

$549,000

Home List Price

$6,519*

Closing Credit

1 Bedroom
1 Full Bath
663 SqFt
$828/SqFt
Condo

Location

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155 W Hermosa Pl Unit 5, Palm Springs$549,000

Buyer Closing Credits

$6,519*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnassigned
Year Built2003
HeatingCentral, Forced Air
CoolingCentral Air
ViewMountain(s)
Private PoolYes
MLS #219119105PS
Lot Size0.02 Acres
StatusActive

About 155 W Hermosa Pl Unit 5

Welcome to 155 Hermosa Place, Unit 5, a gem nestled in the iconic mid-century modern complex, Villa Hermosa, designed by the legendary architect Albert Frey. Situated in the heart of Palm Springs' Old Las Palmas neighborhood, this condo offers a unique investment opportunity with allowed short-term rentals.Step inside this 663-square-foot, 1-bedroom, 1-bathroom residence and be captivated by its modern charm. The stylish kitchen is spacious and equipped with updated appliances, countertops, and lighting, perfect for culinary enthusiasts. The living areas feature newer tile and shutters, providing a sleek and contemporary ambiance.Enjoy the luxury of two private patios, including one of the largest in the complex, offering breathtaking views of the San Jacinto Mountains. Whether you're sipping morning coffee or hosting a twilight dinner party, the outdoor space is a serene retreat.This unit boasts a range of amenities, including assigned parking, a refreshing pool, and convenient laundry facilities within the building.Offered turnkey furnished, this condo is a perfect blend of privacy and community, with cantilevered roofs and a layout that embraces the desert landscape. Experience the captivating simplicity of Frey's International Style of modernism in a location that truly has it all. Right in the heart of downtown and walking distance to all that Palm Springs has to offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 2003
  • Stories: 1
  • Living Area: 663 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (760) 350-9253
  • Listing Agent: Jesse Huskey

Interior Features

Interior Information:

  • Flooring Type: Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s)

Parking Information:

  • Attached Garage: No
  • Parking: Unassigned

Lot Features

Lot Information:

  • Lot: Sprinklers
  • Lot Size: 0.02 Acres

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: N Palm Canyon Drive to Hermosa Place. Development on south side of street. Cross Street: N Palm Canyon Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,000
  • Price Per SqFt: $828/SqFt

HOA Fees:

  • Amount: $516
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,084
  • 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

155 W Hermosa Pl Unit 5 vs Palm Springs

1 DAY ON ROCKET

-69 Days

$549,000

-$90.7K Less

$828/SqFt

+$406 More

KEY TAKEAWAY

This property is $90.7K less than the Median Sold Price and $406/SqFt more 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: #219119105PS

Listing Office:

  • Office Name: Compass
  • Office Phone: (760) 350-9253
  • Listing Agent: Jesse Huskey

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: 10/31/2024, 8:20:52 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

Aug 13, 2015Home Sold
$285,000
Mar 13, 2015Home Sold
$239,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,084$311,684
2020$4,084$308,490
2018$3,944$296,513
2017$3,780$290,700

History based on county public records data.

Payment Calculator

$3,324

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,712

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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-846622
5
/10

  • Katherine Finchy Elementary School

  • 777 E Tachevah Dr

  • 0.56 miles

  • Public District Grades KG-5

Middle School

school-card-donut-846623
4
/10

  • Raymond Cree Middle School

  • 1011 E Vista Chino

  • 0.88 miles

  • Public District Grades 6-8

High School

school-card-donut-846624
7
/10

  • Palm Springs High School

  • 2401 E Baristo Rd

  • 1.92 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 $64,785. Most Palm Springs, CA residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 155 W Hermosa Pl Unit 5

What is the listing price of this property?

The listing price of 155 W Hermosa Pl Unit 5 property is $549,000.

What type of property is this?

The property 155 W Hermosa Pl Unit 5 is a condo located in Palm Springs, California, 92262.

Is this property for sale now?

Active Listing: 155 W Hermosa Pl Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 155 W Hermosa Pl Unit 5 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 $4,084 (source: MLS/based on county public records data).

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

The last sale was on August 13, 2015 for $285,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 155 W Hermosa Pl Unit 5 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 155 W Hermosa Pl Unit 5 is 663 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 155 W Hermosa Pl Unit 5 is 2003.

Rocket Homes›California›Riverside County›Palm Springs›92262›155 W Hermosa Pl Unit 5

This home is located at 155 W Hermosa Pl Unit 5 in Palm Springs, CA and zip code 92262 in the Old Las Palmas neighborhood. This 663 square foot home, which was built in 2003, sits on a 0.02 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $549,000.

Over 12 listings were sold over their listed price in September 2024 in Palm Springs, CA. In the same period over 54 listings were sold below the listed price and 12 listings were sold for the listed price. The number of homes for sale in Palm Springs, CA increased by 14.5% between August 2024 and September 2024. In September 2024, listings were on the market for 70 days. During the same period, the median list price in this real estate market was $639,771.

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

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