10 months on rocket

4995 E Cherry Hills Dr, Palm Springs, CA, 92264

$1,553,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,580 SqFt
$983/SqFt
House

Location

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4995 E Cherry Hills Dr, Palm Springs$1,553,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1961
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
ViewGolf Course, Mountain(s)
Private PoolYes
MLS #OC23227214
Lot Size0.30 Acres
StatusActive

About 4995 E Cherry Hills Dr

Golfview Turnkey Property. INCLUDE ALL Furniture ( Except paintings from gallery) !! Discover the hidden treasure of Tahquitz Creek Golf at this exclusive golf course enclave adorned with Alexander Co. residences. Renowned by Local designer celebrated for her work in Desert Minimalism, unveils her latest creation in this Mid Century Modern-inspired neighborhood. Blending contemporary desert aesthetics with architectural finesse, stepping into this home feels like stepping into the pages of Architectural Digest. Polished concrete floors, soaring vaulted ceilings, and expansive glass walls invite natural light indoors, seamlessly connecting the interior with the outdoor living spaces. Indulge in premium features such as Venetian Plaster accent walls, a standalone fireplace, bespoke white oak cabinetry, a stylish partition wall, and a concrete fireplace and outdoor kitchen, ensuring your home stands out with undeniable allure. Just minutes away from Palm Springs' renowned shopping, dining, and entertainment, this desert masterpiece is the epitome of luxury living. Whether for your primary residence, a secondary retreat, or a savvy investment, welcome to the epitome of iconic living in the heart of Coachella Valley's most illustrious city. NO HOA and Fee Simple Land. Within community less than cap STR license number, still able to apply new STR permit.

Property Details

Property Features

Property Information:

  • Year Built: 1961
  • Stories: 1
  • Living Area: 1,580 SqFt

Listing Office:

  • Office Name: Harvest Realty Development
  • Office Phone: (626) 593-7456
  • Listing Agent: Jing Li

Interior Features

Interior Information:

  • Appliances: Washer
  • Interior: All Bedrooms Down, Primary Suite
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Golf Course, Mountain(s)

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: S Broadmoor Dr to E Cherry Hills Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,553,000
  • Price Per SqFt: $983/SqFt

Tax Information:

  • Annual Amount: $8,186
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palm Springs, CA.

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Palm Springs, CA

City

Med. Sold Price

$647K

Med. Price/SqFt

$422

Avg. Days On Market

57

# of Sold Homes

90

4995 E Cherry Hills Dr vs Palm Springs

325 DAYS ON ROCKET

+268 Days

$1,553,000

+$906K More

$983/SqFt

+$561 More

KEY TAKEAWAY

This property is $906K more than the Median Sold Price and $561/SqFt more than other homes in Palm Springs, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC23227214

Listing Office:

  • Office Name: Harvest Realty Development
  • Office Phone: (626) 593-7456
  • Listing Agent: Jing Li

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 23, 2007Home Sold
$587,500
Jul 19, 2002Home Sold
$267,500

Tax History

YEARPROP. TAXASSESSMENT
2021$8,186$618,340
2020$8,186$612,000
2018$6,378$451,000
2017$5,711$441,000

History based on county public records data.

Payment Calculator

$7,818

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,722

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-336876
2
/10

  • Agua Caliente Elementary School

  • 30800 San Luis Rey Dr

  • 1.68 miles

  • Public District Grades KG-5

school-card-donut-336877
5
/10

  • Landau Elementary School

  • 30310 Landau Blvd

  • 2.26 miles

  • Public District Grades KG-5

school-card-donut-336878
5
/10

  • Cathedral City Elementary School

  • 69300 Converse Rd

  • 2.30 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,985. The majority of Palm Springs, CA residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Palm Springs, CA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Palm Springs, CA.

Palm Springs offers a diverse array of housing options, with a focus on mid-century modern architecture that captures the essence of the area's rich design heritage. Single-family homes make up a significant portion of the housing market, complemented by a selection of condominiums and townhouses that cater to a range of preferences and lifestyles. The homeownership rate in Palm Springs is high, reflecting the community's appeal to both permanent residents and those seeking vacation homes.

What is it like to live in Palm Springs, CA?

Palm Springs is celebrated for its vibrant culture and historical significance, with a community that prides itself on a relaxed yet sophisticated lifestyle. The city is renowned for its annual events, such as the Palm Springs International Film Festival and Modernism Week, which showcase its cultural dynamism and architectural legacy. The community's character is further defined by its scenic landscapes, outdoor recreational opportunities, and a strong sense of preservation for its iconic mid-century modern aesthetic.

Is it easy to get around Palm Springs, CA without a car?

The community benefits from a robust educational system, with a number of public and private schools that provide quality education to residents. Healthcare services in Palm Springs are comprehensive, featuring several hospitals and clinics that offer a range of medical services, from primary care to specialized treatments. The city also boasts a variety of retail and dining options that reflect the local culture, with an emphasis on boutique shops and restaurants that cater to the discerning tastes of residents and visitors alike.

Transportation in Palm Springs, CA.

Transportation in Palm Springs is facilitated by a network of roads and highways that connect the city to the broader region, with the Palm Springs International Airport offering additional connectivity. Public transit options are available, providing residents and visitors with alternatives to private vehicle use. The city is also known for its bike-friendly routes and walkable downtown area, which enhance the quality of life by promoting an active and environmentally conscious lifestyle. Recent efforts have been made to improve the efficiency and accessibility of the transportation system, ensuring that Palm Springs remains a convenient and attractive place to live and visit.

Frequently Asked Questions About 4995 E Cherry Hills Dr

What is the listing price of this property?

The listing price of 4995 E Cherry Hills Dr property is $1,553,000.

What type of property is this?

The property 4995 E Cherry Hills Dr is a house located in Palm Springs, California, 92264.

Is this property for sale now?

Active Listing: 4995 E Cherry Hills Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,186 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 23, 2007 for $587,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4995 E Cherry Hills Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4995 E Cherry Hills Dr is 1,580 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4995 E Cherry Hills Dr is 1961.

Rocket Homes›California›Riverside County›Palm Springs›92264›4995 E Cherry Hills Dr

This home is located at 4995 E Cherry Hills Dr in Palm Springs, CA and zip code 92264. This 1,580 square foot home, which was built in 1961, sits on a 0.30 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 01, 2024 and is currently priced at $1,553,000.

In October 2024, from all listings sold in Palm Springs, CA there were more than 11 sold above asking price, over 60 sold below and more than 19 were sold right at the asked price. Between September 2024 and October 2024, Palm Springs, CA real estate market has seen increase in the number of listings by 25.9%. In October 2024, listings were on the market for 57 days. During the same period, the median list price in this real estate market was $647,000.

From Rocket Homes Real Estate and based on county public records data.

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