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722 Desert Way

Palm Springs, CA 92264

3 bd 3 ba 1,558 sqft Built 1957 Lot 8,276 sqft single_family
Most recent sale
$856,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $856,000 MLS #219077671
Apr 25, 2022 Listed $816,000 MLS #219077671
Sep 4, 2014 Listing removed $575,000 PalmDesert
Apr 27, 2011 Listing removed $359,000 PalmDesert
Dec 18, 2009 Sold $237,500 MLS #21382830
Nov 11, 2009 Listed $224,900 MLS #21382830
Nov 23, 2007 Listed $575,000 MLS #21312291
Oct 21, 2005 Sold $350,000 MLS #41217050
Jul 13, 2005 Listed $359,000 MLS #41217050

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $723,932 $228,155 $952,087 $11,313
2024 $723,932 $228,155 $952,087 $11,617
2023 $695,822 $219,297 $915,119 $11,838
2022 $216,661 $72,211 $288,872 $3,907
2021 $212,413 $70,796 $283,209 $3,830
2020 $210,235 $70,071 $280,306 $3,664
2019 $206,113 $68,698 $274,811 $3,602
2018 $202,071 $67,352 $269,423 $3,535
2017 $198,109 $66,032 $264,141 $3,482
2016 $143,000 $48,000 $191,000 $2,541
2015 $131,000 $44,000 $175,000 $2,286
2014 $113,000 $38,000 $151,000 $2,061
2013 $84,000 $28,000 $112,000 $1,587
2012 $74,000 $25,000 $99,000 $1,362
2010 $178,125 $59,375 $237,500 $3,070
2009 $146,000 $47,000 $193,000 $2,513
2008 $207,000 $111,000 $318,000 $3,837
2007 $273,450 $89,250 $362,700 $4,341

Property facts

Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,558 sqft
Lot size
8,276 sqft
ZIP code
92264
City
Palm Springs
Street
Desert Way
Coordinates
33.81148, -116.50773

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,986
Gross rental yield
6.99%
Implied cap rate
4.54%
Trend-extrapolated value

Frequently asked questions

When did 722 Desert Way last sell?
722 Desert Way most recently sold on May 31, 2022 for $856,000.
What is the current tax assessment for 722 Desert Way?
The most recent total assessment for 722 Desert Way (year 2025) is $952,087 with $11,313 in property tax.
How does 722 Desert Way's assessment compare to its last sale price?
The current assessment is 11.2% above the last sale price of $856,000.
When was 722 Desert Way built?
722 Desert Way was built in 1957.
How does 722 Desert Way compare to others on Desert Way?
We track 5 other properties on Desert Way. Browse the list under "Other properties on Desert Way" to compare beds, baths, and sale history.
What are the property facts for 722 Desert Way?
722 Desert Way is a 3 bed, 3 bath, 1,558 sqft, 8,276 sqft lot single_family.
Is 722 Desert Way a flip candidate?
No — 722 Desert Way does not appear in our flips dataset.
Is 722 Desert Way a tax-appeal candidate?
No — 722 Desert Way 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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