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722 Terrace Lake Dr

Brea, CA 92821

2 bd 2 ba 1,248 sqft Built 1981 mobile
Most recent sale
$257,000
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2022 Sold $257,000 MLS #OC22102907
May 16, 2022 Listed $244,900 MLS #OC22102907
Dec 21, 2019 Listed $199,900 MLS #OC19284467

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $7,766 $8
2019 $7,766 $8
2018 $7,766 $8
2015 $7,766 $8
2014 $7,766 $8
2012 $10,243 $35
2011 $11,957 $54
2010 $14,944 $87
2009 $16,598 $105
2008 $18,246 $122
2007 $20,046 $142

Property facts

Year built
1981
Property type
mobile
Stories
Beds
2
Baths
2
Living area
1,248 sqft
Lot size
ZIP code
92821
City
Brea
Street
Terrace Lake Dr
Coordinates
33.93042, -117.91747

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,542
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 722 Terrace Lake Dr last sell?
722 Terrace Lake Dr most recently sold on Jun 17, 2022 for $257,000.
What is the current tax assessment for 722 Terrace Lake Dr?
The most recent total assessment for 722 Terrace Lake Dr (year 2020) is $7,766 with $8 in property tax.
How does 722 Terrace Lake Dr's assessment compare to its last sale price?
The current assessment is 97.0% below the last sale price of $257,000.
When was 722 Terrace Lake Dr built?
722 Terrace Lake Dr was built in 1981.
How does 722 Terrace Lake Dr compare to others on Terrace Lake Dr?
We track 8 other properties on Terrace Lake Dr. Browse the list under "Other properties on Terrace Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 722 Terrace Lake Dr?
722 Terrace Lake Dr is a 2 bed, 2 bath, 1,248 sqft mobile.
Is 722 Terrace Lake Dr a flip candidate?
No — 722 Terrace Lake Dr does not appear in our flips dataset.
Is 722 Terrace Lake Dr a tax-appeal candidate?
No — 722 Terrace Lake 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
+3.4%
Implied 1-yr
+13.6%
2026 Q3
$1.16M
2026 Q4
$1.2M
ZIP 92821 — Median Price History + Forecast

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