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2345 Cherokee Way

Palm Springs, CA 92264

2 bd 3 ba 1,220 sqft Built 1986 Lot 1,307 sqft condos
Most recent sale
$225,000
Aug 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 26, 2024 Listed $349,500 PalmDesert
Aug 30, 2021 Sold $225,000 CRMLS
Jan 6, 2019 Listing removed PalmSprings
Oct 6, 2018 Listed $182,500 PalmSprings
Sep 7, 2005 Listing removed $135,000 PalmDesert
Sep 6, 2005 Listing removed $135,000 PalmDesert
Nov 30, 2002 Listed $135,000 PalmDesert
Apr 19, 2002 Listed $135,000 PalmDesert

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $248,880 $119,340 $368,220 $4,521
2024 $248,880 $119,340 $368,220 $3,387
2023 $172,380 $80,580 $252,960 $3,448
2022 $169,000 $79,000 $248,000 $3,452
2021 $154,000 $52,000 $206,000 $2,906
2020 $127,899 $58,490 $186,389 $2,565
2019 $123,616 $57,344 $180,960 $2,502
2018 $118,000 $56,000 $174,000 $2,417
2017 $116,000 $56,000 $172,000 $2,402
2016 $116,000 $56,000 $172,000 $2,379
2015 $105,000 $52,000 $157,000 $2,126
2014 $96,000 $43,000 $139,000 $1,904
2013 $103,000 $45,000 $148,000 $2,026
2012 $95,000 $42,000 $137,000 $1,815
2010 $98,000 $43,000 $141,000 $1,883
2009 $112,000 $49,000 $161,000 $2,108
2008 $146,128 $48,709 $194,837 $2,393
2007 $143,263 $47,754 $191,017 $2,339

Property facts

Year built
1986
Property type
condos
Stories
2
Beds
2
Baths
3
Living area
1,220 sqft
Lot size
1,307 sqft
ZIP code
92264
City
Palm Springs
Street
Cherokee Way
Coordinates
33.79748, -116.50614

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2345 Cherokee Way last sell?
2345 Cherokee Way most recently sold on Aug 30, 2021 for $225,000.
What is the current tax assessment for 2345 Cherokee Way?
The most recent total assessment for 2345 Cherokee Way (year 2025) is $368,220 with $4,521 in property tax.
How does 2345 Cherokee Way's assessment compare to its last sale price?
The current assessment is 63.7% above the last sale price of $225,000.
When was 2345 Cherokee Way built?
2345 Cherokee Way was built in 1986.
How does 2345 Cherokee Way compare to others on Cherokee Way?
We track 8 other properties on Cherokee Way. Browse the list under "Other properties on Cherokee Way" to compare beds, baths, and sale history.
What are the property facts for 2345 Cherokee Way?
2345 Cherokee Way is a 2 bed, 3 bath, 1,220 sqft, 1,307 sqft lot condos.
Is 2345 Cherokee Way a flip candidate?
No — 2345 Cherokee Way does not appear in our flips dataset.
Is 2345 Cherokee Way a tax-appeal candidate?
Yes — 2345 Cherokee Way appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.2%
Implied 1-yr
-4.7%
2026 Q3
$904K
2026 Q4
$892.5K
ZIP 92264 — Median Price History + Forecast

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