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$329,000

Beds
1
Baths
1.0
sq ft
633

351 N Hermosa Dr Unit 5D1, Palm Springs, CA 92262

351 N Hermosa Dr Unit 5D1

Palm Springs, CA 92262

  • 1 day on market
Stylish One-Bedroom Condo in the Heart of Palm Springs. Located just minutes from the vibrant restaurants, shops, and entertainment of Palm Canyon Drive, this centrally located Palm Springs condo offers the perfect blend of comfort and convenience. Tastefully updated, the home features dramatic slate flooring throughout, an upgraded kitchen and bathroom, and a spacious walk-in tiled shower. Enjoy the ease of in-unit laundry and the bonus of added storage in the bedroom, along with recessed lighting that adds a modern touch. Step outside to your own private patio, ideal for morning coffee, al fresco dining, or weekend BBQs. An additional patio off the bedroom provides even more space to relax and unwind. Offered fully furnished and ready for immediate enjoyment. The gated community includes two sparkling resort-style pools, hot tubs, and tennis courts. Lease terms and rates vary by length of stay; please inquire for details. Whether you're looking for a seasonal retreat or a stylish full-time residence, this move-in ready condo checks all the boxes! Sold turnkey furnished.

Details

Property type

Condominium

Est. home value

$294,256

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$520

Year built

1984

Monthly HOA fee

$340

Price History

04/03/2025
CLAW

CLAW #25520747PS

Listed
$329,000
+11.53%
12/22/2023
DesertArea

DesertArea #219102305

Sold
$295,000
+9.67%
08/02/2022
CLAW

CLAW #22163058

Sold
$269,000
+63.53%

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$195,991
Asking price
$329,000
Closing costs (~8% of asking)
-$26,320
Est. remaining loan balance
-$106,689
Cash to seller
$195,991

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

October 2017

Original loan amount

$126,000

Est. remaining balance

$106,689

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Sheldon Andrew

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/04/2025 at 10:50 AM

Listing updated: 04/03/2025 at 3:16 PM

Listed by: Paul Kaplan, BD Homes-The Paul Kaplan Group Phone #: (760) 459-0057

MLS: CLAW #25520747PS

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