2345 S Cherokee Way Unit 158 Palm Springs, CA 92264
Melody Ranch Neighborhood
2
Beds
2.5
Baths
1,225
Sq Ft
$845/mo
HOA Fee
Highlights
- 24-Hour Security
- In Ground Pool
- Living Room
- Palm Springs High School Rated A-
- Spanish Architecture
- Laundry closet
About This Home
As of September 2025Rare Ground-Floor Condo at Oasis Resort Vacation, Earn, and Enjoy! Don't miss this rare opportunity to own one of the few ground-floor units at the highly sought-after Oasis Resort in Palm Springs and at an incredible price! Renovated kitchen and move-in ready, this stylish condo offers the best of both worlds: enjoy it as your private getaway and generate short-term rental income when you're not using it. This spacious 1,225 sq ft Spanish-style villa features two private primary suites with full baths on opposite ends of the home, a convenient half bath for guests, a newly remodeled kitchen with quartz countertops and breakfast nook, a large private patio surrounded by lush landscaping, and an attached 1-car garage. Located just across the street from the chic The Parker Hotel, the Oasis Resort spans 27 acres of lush desert gardens and offers 8 heated pools,9 spa tubs, five tennis courts, pickle ball, bocce ball, a basketball hoop, a fitness center, clubhouse, on-site management, and plenty of guest parking. Enjoy the luxury of being able to walk across the street to The Parker Hotel for world-class dining, cocktails, or a relaxing spa day. Short-term rentals are allowed, offering the ideal setup to offset your expenses or earn passive income while enjoying your desert escape whenever you want. The location is unbeatable minutes from Trader Joe's, Pavilion's, Target, Mary Pickford Theater, El Paseo's upscale shopping, dining, the Ritz-Carlton Rancho Mirage, and vibrant downtown Palm Springs. Start living the Palm Springs dream this rare ground-floor unit won't last!***NO RENTAL RESTRICTIONS!! But must abide by the Palm Springs City ordinances.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,181
Year Built
- Built in 1986 | Remodeled
HOA Fees
- $845 Monthly HOA Fees
Home Design
- Spanish Architecture
- Tile Roof
- Concrete Roof
Interior Spaces
- 1,225 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- 1 Covered Space
- Automatic Gate
- Guest Parking
Pool
- In Ground Pool
- Spa
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 009-612-154
Community Details
Overview
- 198 Units
Recreation
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed
Security
- 24-Hour Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 7, 2008
Sold by
Carlton Krista K
Bought by
Deutsche Bank National Trust Company
Similar Homes in Palm Springs, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $108,750 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $22,000 | Commercial | |
| Open | $40,000 | Unknown | |
| Previous Owner | $88,900 | Negative Amortization |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | Sold | $330,000 | -2.7% | $269 / Sq Ft |
| 08/08/2025 08/08/25 | Pending | -- | -- | -- |
| 06/09/2025 06/09/25 | Price Changed | $339,000 | -2.9% | $277 / Sq Ft |
| 05/02/2025 05/02/25 | For Sale | $349,000 | -- | $285 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,181 | $360,393 | $119,021 | $241,372 |
| 2023 | $2,181 | $152,561 | $52,494 | $100,067 |
| 2022 | $2,181 | $149,570 | $51,465 | $98,105 |
| 2021 | $2,141 | $146,638 | $50,456 | $96,182 |
| 2020 | $2,053 | $145,135 | $49,939 | $95,196 |
| 2019 | $2,021 | $142,290 | $48,960 | $93,330 |
| 2018 | $1,987 | $139,500 | $48,000 | $91,500 |
| 2017 | $2,212 | $156,813 | $48,377 | $108,436 |
| 2016 | $2,153 | $153,739 | $47,429 | $106,310 |
| 2015 | $2,059 | $151,431 | $46,717 | $104,714 |
| 2014 | $1,904 | $139,000 | $50,000 | $89,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mina Azami
M
Seller's Agent in 2025
Mina Azami
Compass
(323) 791-7315
1 in this area
39 Total Sales
-
Brooke Pascoe
B
Seller Co-Listing Agent in 2025
Brooke Pascoe
Compass
(917) 250-2990
1 in this area
24 Total Sales
-
Issac Briones
I
Buyer's Agent in 2025
Issac Briones
eXp Realty of California, Inc
(760) 239-8486
1 in this area
17 Total Sales
Map
Source: The MLS
MLS Number: 25529851
APN: 009-612-154
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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