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460 North Hermosa Drive

460 North Hermosa Drive, Palm Springs, CA 92262
Property in Riverside
Sold Jun 25, 2021
$650,000
$520,000 by Us Direct Lender
Mortgage Due Jul 01, 2051
Sold Nov 17, 2017
$525,000
Local assessors in Palm Springs, CA have categorized 460 North Hermosa Drive as a residential type of property. The home was built in 1979 and is 45 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 2,178 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 460 North Hermosa Drive has a total of 1,650 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 264 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of gravel/rock. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 19, 2021 for $650,000. That's $349.27 per sqft. Prior to that sales transaction, the property was also sold in Oct 27, 2017 for $525,000. 460 North Hermosa Drive was last assessed in 2023. The total value of the property was assessed at $676,260. Specifically, the land the property is located on was valued at $166,464. While improvements on the property were assessed at a total of $509,796. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $8,712. The initial tax year of delinquency was in 2018. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Condo
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 2,178
  • Total Building Area: 1,861
  • Gross Building Area: 1,861
  • Building Area: 1,650
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,650
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 10631
  • Land Acres: 0.05
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Right-of-way (not rail, road, or utility)
  • Legal Description 1: LOT 31 MB 097/030 TR 10631

Ownership

  • Current Owner : AFSHARNIK MILES
  • Current Owner 2: BARRY WILLIAM P
  • Previous Owner : COOK DAVID M
  • Previous Owner 2: WINSLOW RUSSELL
  • Owner Before Previous Owner: MORAN SEAN C
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 941400

Zoning

  • Zoning: RGA

Geography

  • Subdivision Tract Number: 10631
  • Parcel: 508-550-031
  • Lot: 31
  • Municipality: PALM SPRINGS
  • Latitude: 33.8297
  • Longitude: -116.532

    Address

  • Full Address: 460 N Hermosa Dr
  • Address - House Number: 460
  • Street Direction: N
  • Address - Street Name: Hermosa
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palm Springs
  • Carrier Code: C020
  • 4-Digit Zip Code: 6187
  • Zip Code: 92262

Valuation

    Tax

  • Total Area: 1,650
  • Tax Year: 2023
  • Tax Amount: $8,712
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 011-003

    Appraisal Valuation

  • Standard Deviation: 0.1872
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 75
  • Final Value: 711,645
  • High Value: 844,880
  • Low Value: 578,410

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $520,000
  • First Open Lien Mortgage Lender: US DIRECT LENDER
  • First Open Lien Mortgage Recording Date: Jun 25, 2021
  • First Open Lien Mortgage Loan Amount: $520,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $577,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $676,260
  • Assessed Land Value: $166,464
  • Assessed Improvements Value: $509,796

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: Jun 25, 2021
  • Current Sale Transaction ID: 11841530528
  • Current Sale Price: $650,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0383110
  • Previous Sale Recording Date: Nov 17, 2017
  • Previous Sale Contract Date: Oct 27, 2017
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: US DIRECT LENDER
  • First Mortgage Transaction Date: Jun 25, 2021
  • First Mortgage Loan Amount: $520,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

About Palm Springs



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Frequently Asked Questions

What neighborhood is 460 North Hermosa Drive located in?
The 460 North Hermosa Drive is a located in the neighborhood of Riverside in Palm Springs, Palm Springs.
What is the average sales price for listings in 460 North Hermosa Drive?
The average sales price for units in 460 North Hermosa Drive is $0 currently.

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