40280 Paseo Del Cerro
Rancho Mirage, CA 92270
3 bd 3 ba 2,641 sqft Built 1970 Lot 6,098 sqft condos
Most recent sale
$1,350,000
Nov 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 18, 2022 | Sold | $1,350,000 | PalmDesert |
| Oct 4, 2022 | Listed | $1,400,000 | PalmDesert |
| Oct 25, 2021 | Sold | $1,097,500 | PalmDesert |
| Sep 30, 2021 | Listed | $1,097,500 | PalmDesert |
| Apr 29, 2009 | Sold | $640,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $983,178 | $499,392 | $1,482,570 | $18,104 |
| 2024 | $983,178 | $499,392 | $1,482,570 | $18,417 |
| 2023 | $945,000 | $480,000 | $1,425,000 | $18,606 |
| 2022 | $767,500 | $375,000 | $1,142,500 | $14,934 |
| 2020 | $465,972 | $144,612 | $610,584 | $7,743 |
| 2019 | $452,400 | $140,400 | $592,800 | $7,530 |
| 2018 | $435,000 | $135,000 | $570,000 | $7,248 |
| 2017 | $395,000 | $137,000 | $532,000 | $6,809 |
| 2016 | $387,000 | $107,000 | $494,000 | $6,266 |
| 2015 | $387,000 | $107,000 | $494,000 | $6,127 |
| 2014 | $387,000 | $107,000 | $494,000 | $6,197 |
| 2013 | $394,363 | $110,000 | $504,363 | $6,448 |
| 2012 | $342,000 | $148,000 | $490,000 | $5,986 |
| 2010 | $327,000 | $148,000 | $475,000 | $6,263 |
| 2009 | $359,000 | $114,000 | $473,000 | $5,846 |
| 2008 | $360,774 | $114,736 | $475,510 | $5,467 |
| 2007 | $353,700 | $112,487 | $466,187 | $5,340 |
Property facts
Year built
1970
Property type
condos
Stories
1
Beds
3
Baths
3
Living area
2,641 sqft
Lot size
6,098 sqft
ZIP code
92270
City
Rancho Mirage
Street
Paseo Del Cerro
Coordinates
33.75401, -116.44142
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$8,451
Gross rental yield
7.51%
Implied cap rate
4.88%
Trend-extrapolated value
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Frequently asked questions
When did 40280 Paseo Del Cerro last sell?
40280 Paseo Del Cerro most recently sold on Nov 18, 2022 for $1,350,000.
What is the current tax assessment for 40280 Paseo Del Cerro?
The most recent total assessment for 40280 Paseo Del Cerro (year 2025) is $1,482,570 with $18,104 in property tax.
How does 40280 Paseo Del Cerro's assessment compare to its last sale price?
The current assessment is 9.8% above the last sale price of $1,350,000.
When was 40280 Paseo Del Cerro built?
40280 Paseo Del Cerro was built in 1970.
How does 40280 Paseo Del Cerro compare to others on Paseo Del Cerro?
We do not currently track other properties on Paseo Del Cerro.
What are the property facts for 40280 Paseo Del Cerro?
40280 Paseo Del Cerro is a 3 bed, 3 bath, 2,641 sqft, 6,098 sqft lot condos.
Is 40280 Paseo Del Cerro a flip candidate?
Yes — 40280 Paseo Del Cerro appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 40280 Paseo Del Cerro a tax-appeal candidate?
No — 40280 Paseo Del Cerro is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.9%
Implied 1-yr
+11.6%
2026 Q3
$1.51M
2026 Q4
$1.55M
ZIP 92270 — Median Price History + Forecast
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