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985 Cerritos Dr

Palm Springs, CA 92262

3 bd 2 ba 1,600 sqft Built 1965 Lot 13,068 sqft single_family
Most recent sale
$999,000
May 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 18, 2022 Sold $999,000 Public Record
Apr 10, 2022 Listed $925,000 MLS #219076947
Jul 31, 2002 Sold $275,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $923,250 $136,895 $1,060,145 $12,973
2024 $923,250 $136,895 $1,060,145 $12,906
2023 $887,400 $131,580 $1,018,980 $13,151
2022 $238,829 $136,468 $375,297 $5,023
2021 $234,147 $133,793 $367,940 $4,922
2020 $231,747 $132,422 $364,169 $4,706
2019 $227,203 $129,826 $357,029 $4,625
2018 $222,749 $127,281 $350,030 $4,539
2017 $218,382 $124,786 $343,168 $4,471
2016 $214,100 $122,340 $336,440 $4,342
2015 $210,885 $120,503 $331,388 $4,162
2014 $206,755 $118,144 $324,899 $4,105
2013 $205,821 $117,611 $323,432 $4,141
2012 $201,786 $115,305 $317,091 $3,923
2010 $196,352 $112,201 $308,553 $3,859
2009 $196,819 $112,468 $309,287 $3,853
2008 $192,960 $110,263 $303,223 $3,584
2007 $189,177 $108,101 $297,278 $3,505

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,600 sqft
Lot size
13,068 sqft
ZIP code
92262
City
Palm Springs
Street
Cerritos Dr
Coordinates
33.83651, -116.52413

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,120
Gross rental yield
6.15%
Implied cap rate
4.00%
Trend-extrapolated value

Frequently asked questions

When did 985 Cerritos Dr last sell?
985 Cerritos Dr most recently sold on May 18, 2022 for $999,000.
What is the current tax assessment for 985 Cerritos Dr?
The most recent total assessment for 985 Cerritos Dr (year 2025) is $1,060,145 with $12,973 in property tax.
How does 985 Cerritos Dr's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $999,000.
When was 985 Cerritos Dr built?
985 Cerritos Dr was built in 1965.
How does 985 Cerritos Dr compare to others on Cerritos Dr?
We track 8 other properties on Cerritos Dr. Browse the list under "Other properties on Cerritos Dr" to compare beds, baths, and sale history.
What are the property facts for 985 Cerritos Dr?
985 Cerritos Dr is a 3 bed, 2 bath, 1,600 sqft, 13,068 sqft lot single_family.
Is 985 Cerritos Dr a flip candidate?
No — 985 Cerritos Dr does not appear in our flips dataset.
Is 985 Cerritos Dr a tax-appeal candidate?
No — 985 Cerritos Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.2%
2026 Q3
$1.16M
2026 Q4
$1.18M
ZIP 92262 — Median Price History + Forecast

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