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Backup Offers

240 N Hermosa Dr, Palm Springs, CA, 92262

$639,000

Home List Price

$7,588*

Closing Credit

2 Bedrooms
3 Full Baths
1,839 SqFt
$347/SqFt
Condo

Location

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240 N Hermosa Dr, Palm Springs$639,000

Buyer Closing Credits

$7,588*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDoor-Multi, Garage, Garage Door Opener, Private, Storage
Attached Garage2 spaces
Year Built1981
HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air, Electric
FireplaceGas, Living Room
ViewMountain(s)
MLS #24415907
Lot Size0.07 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 240 N Hermosa Dr

New, improved price on this stunning Palm Springs condo that offers architectural and designer finishes, great mountain views, multiple indoor/outdoor entertaining areas and an extended double garage, which is rare for 1 story units. The home features engineered wood floors throughout the kitchen and living spaces with included wool area rugs. The light and bright living room has high ceilings, gas fireplace with granite surround, adjacent wet bar and direct access to a large wrap-around patio with a sturdy pergola. Connected to the living room is a separate den/media room, which features a skylight with motorized shade and access to the 3rd bathroom. The owners' suite has vaulted wood ceilings and wood accent wall, multiple closets, and a private bath with dual sinks, walk-in shower and tub. The guest suite also features a private bath with walk-in shower. Association amenities include community pools, spa, tennis courts and a club house. All of this is located a five-minute drive from the airport and a short distance to downtown, shopping, a gym, a pharmacy and several clinics. Please note that furniture is no longer in the property. SOLD CONTIGENT ON SALE OF BUYER'S PROPERTY, BACK-UP OFFERS ACCEPTED.

Property Details

Property Features

Property Information:

  • Architectural Style: See Remarks
  • Year Built: 1981
  • Stories: 1
  • Living Area: 1,839 SqFt

Listing Office:

  • Office Name: Bennion Deville Homes
  • Office Phone: (760) 459-0057
  • Listing Agent: Mugge & Man Associates

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Dryer, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Wet Bar, High Ceilings, Recessed Lighting, Bar
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Door-Multi, Garage, Garage Door Opener, Private, Storage

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Natural Gas
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Tahquitz Canyon Way to Hermosa. North to oroperty on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $639,000
  • Price Per SqFt: $347/SqFt

HOA Fees:

  • Amount: $544
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,440
  • 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

$638.1K

Med. Price/SqFt

$423

Avg. Days On Market

65

# of Sold Homes

97

240 N Hermosa Dr vs Palm Springs

157 DAYS ON ROCKET

+92 Days

$639,000

+$861 More

$347/SqFt

-$76 Less

KEY TAKEAWAY

This property is $861 more than the Median Sold Price and $76/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: #24415907

Listing Office:

  • Office Name: Bennion Deville Homes
  • Office Phone: (760) 459-0057
  • Listing Agent: Mugge & Man Associates

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: 12/22/2024, 12:21:00 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 14, 2013Home Sold
$345,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,440$428,883
2020$5,440$424,486
2018$5,247$408,005
2017$5,022$400,006

History based on county public records data.

Payment Calculator

$3,801

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,982

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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.

Nearby Schools

school-card-donut-969659
5
/10

  • Katherine Finchy Elementary School

  • 777 E Tachevah Dr

  • 0.84 miles

  • Public District Grades KG-5

school-card-donut-969660
6
/10

  • Cahuilla Elementary School

  • 833 E Mesquite Ave

  • 1.26 miles

  • Public District Grades KG-5

school-card-donut-969661
4
/10

  • Vista Del Monte Elementary School

  • 2744 N Via Miraleste

  • 2.09 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,722. The majority of Palm Springs, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 240 N Hermosa Dr

What is the listing price of this property?

The listing price of 240 N Hermosa Dr property is $639,000.

What type of property is this?

The property 240 N Hermosa Dr is a condo located in Palm Springs, California, 92262.

Is this property for sale now?

Accepting Backup Offers: 240 N Hermosa Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,440 (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 14, 2013 for $345,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 240 N Hermosa Dr has 2 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 240 N Hermosa Dr is 1,839 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 240 N Hermosa Dr is 1981.

Rocket Homes›California›Riverside County›Palm Springs›92262›240 N Hermosa Dr

This home is located at 240 N Hermosa Dr in Palm Springs, CA and zip code 92262 in the South of Movie Colony neighborhood. This 1,839 square foot home, which was built in 1981, sits on a 0.07 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $639,000.

In November 2024, from all listings sold in Palm Springs, CA there were more than 9 sold above asking price, over 66 sold below and more than 22 were sold right at the asked price. Between October 2024 and November 2024, Palm Springs, CA real estate market has seen increase in the number of listings by 12.5%. In November 2024, listings were on the market for 65 days. During the same period, the median list price in this real estate market was $638,138.

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

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