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4995 Cherry Hills Dr

Palm Springs, CA 92264

3 bd 2 ba 1,580 sqft Built 1961 Lot 13,068 sqft single_family
Most recent sale
$1,050,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 3, 2025 Sold $1,460,000 CRMLS
Nov 12, 2024 Relisted $1,553,000 CRMLS
Sep 16, 2024 Relisted $1,553,000 CRMLS
May 31, 2024 Price changed $1,553,000 CRMLS
Apr 15, 2024 Relisted $1,625,000 CRMLS
Apr 5, 2024 Price changed $1,635,000 CRMLS
Feb 27, 2024 Price changed $1,690,000 CRMLS
Jan 1, 2024 Listed $1,950,000 CRMLS
Sep 2, 2022 Sold $1,500,000 TheMLSCLAW
May 2, 2022 Sold $1,050,000 MLS #320008991
Apr 26, 2022 Listed $1,079,000 MLS #320008991
Feb 5, 2022 Price changed $1,079,000 MLS #320008991
Jan 18, 2022 Listed $1,050,000 MLS #320008991
Mar 5, 2019 Listing removed $3,400 CRMLS
Mar 4, 2019 Listing removed $3,400 CRMLS
Feb 12, 2019 Listed for rent $3,400 CRMLS
Apr 27, 2011 Listing removed $589,000 PalmDesert
Mar 23, 2007 Sold $587,500 MLS #41257777
Jul 21, 2006 Listed $589,000 MLS #41257777
Jul 19, 2002 Sold $267,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,092,420 $468,180 $1,560,600 $18,373
2024 $1,092,420 $468,180 $1,560,600 $18,872
2023 $1,050,000 $450,000 $1,500,000 $19,234
2022 $735,000 $315,000 $1,050,000 $13,826
2021 $432,838 $185,502 $618,340 $8,670
2020 $428,400 $183,600 $612,000 $8,186
2019 $304,720 $164,320 $469,040 $6,503
2018 $293,000 $158,000 $451,000 $6,379
2017 $287,000 $154,000 $441,000 $5,784
2016 $286,000 $154,000 $440,000 $5,711
2015 $279,000 $150,000 $429,000 $5,429
2014 $271,000 $146,000 $417,000 $5,319
2013 $208,000 $112,000 $320,000 $4,186
2012 $208,000 $112,000 $320,000 $4,043
2010 $217,000 $117,000 $334,000 $4,259
2009 $125,000 $67,000 $192,000 $2,501
2008 $288,000 $155,000 $443,000 $5,287
2007 $216,878 $72,291 $289,169 $3,492

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,580 sqft
Lot size
13,068 sqft
ZIP code
92264
City
Palm Springs
Street
Cherry Hills Dr
Coordinates
33.80049, -116.49194

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,056
Gross rental yield
5.78%
Implied cap rate
3.76%
Trend-extrapolated value

Frequently asked questions

When did 4995 Cherry Hills Dr last sell?
4995 Cherry Hills Dr most recently sold on May 2, 2022 for $1,050,000.
What is the current tax assessment for 4995 Cherry Hills Dr?
The most recent total assessment for 4995 Cherry Hills Dr (year 2025) is $1,560,600 with $18,373 in property tax.
How does 4995 Cherry Hills Dr's assessment compare to its last sale price?
The current assessment is 48.6% above the last sale price of $1,050,000.
When was 4995 Cherry Hills Dr built?
4995 Cherry Hills Dr was built in 1961.
How does 4995 Cherry Hills Dr compare to others on Cherry Hills Dr?
We track 4 other properties on Cherry Hills Dr. Browse the list under "Other properties on Cherry Hills Dr" to compare beds, baths, and sale history.
What are the property facts for 4995 Cherry Hills Dr?
4995 Cherry Hills Dr is a 3 bed, 2 bath, 1,580 sqft, 13,068 sqft lot single_family.
Is 4995 Cherry Hills Dr a flip candidate?
Yes — 4995 Cherry Hills Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4995 Cherry Hills Dr a tax-appeal candidate?
No — 4995 Cherry Hills 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
-1.2%
Implied 1-yr
-4.7%
2026 Q3
$904K
2026 Q4
$892.5K
ZIP 92264 — Median Price History + Forecast

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