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29722 Redwood Dr

Canyon Lake, CA 92587

2 bd 2 ba 1,693 sqft Built 1987 Lot 6,969 sqft single_family
Most recent sale
$500,000
Jun 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 22, 2022 Sold $500,000 MLS #IV22104170
May 19, 2022 Listed $549,000 MLS #IV22104170
Aug 26, 1996 Sold $157,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $371,422 $159,181 $530,603 $6,368
2024 $371,422 $159,181 $530,603 $6,103
2023 $357,000 $153,000 $510,000 $5,899
2022 $187,223 $53,697 $240,920 $3,077
2021 $183,552 $52,645 $236,197 $3,003
2020 $181,670 $52,106 $233,776 $2,971
2019 $178,108 $51,085 $229,193 $2,660
2018 $174,616 $50,084 $224,700 $2,600
2017 $171,193 $49,102 $220,295 $2,537
2016 $167,837 $48,140 $215,977 $2,430
2015 $165,317 $47,418 $212,735 $2,405
2014 $162,080 $46,490 $208,570 $2,367
2013 $161,349 $46,281 $207,630 $2,357
2012 $158,186 $45,374 $203,560 $2,309
2010 $153,927 $44,153 $198,080 $2,315
2009 $154,294 $44,259 $198,553 $2,314
2008 $151,269 $43,392 $194,661 $2,268
2007 $148,303 $42,542 $190,845 $2,222

Property facts

Year built
1987
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,693 sqft
Lot size
6,969 sqft
ZIP code
92587
City
Canyon Lake
Street
Redwood Dr
Coordinates
33.68838, -117.26468

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,418
Gross rental yield
13.00%
Implied cap rate
8.45%
Trend-extrapolated value

Frequently asked questions

When did 29722 Redwood Dr last sell?
29722 Redwood Dr most recently sold on Jun 22, 2022 for $500,000.
What is the current tax assessment for 29722 Redwood Dr?
The most recent total assessment for 29722 Redwood Dr (year 2025) is $530,603 with $6,368 in property tax.
How does 29722 Redwood Dr's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $500,000.
When was 29722 Redwood Dr built?
29722 Redwood Dr was built in 1987.
How does 29722 Redwood Dr compare to others on Redwood Dr?
We track 8 other properties on Redwood Dr. Browse the list under "Other properties on Redwood Dr" to compare beds, baths, and sale history.
What are the property facts for 29722 Redwood Dr?
29722 Redwood Dr is a 2 bed, 2 bath, 1,693 sqft, 6,969 sqft lot single_family.
Is 29722 Redwood Dr a flip candidate?
No — 29722 Redwood Dr does not appear in our flips dataset.
Is 29722 Redwood Dr a tax-appeal candidate?
No — 29722 Redwood 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
+1.9%
Implied 1-yr
+7.5%
2026 Q3
$591.6K
2026 Q4
$601.5K
ZIP 92587 — Median Price History + Forecast

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