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8516 Happy Way

El Cajon, CA 92021

3 bd 2 ba 1,290 sqft Built 1986 Lot 227,601 sqft single_family
Most recent sale
$580,000
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 21, 2025 Sold $670,000 CRMLS
Mar 3, 2025 Price changed $670,000 CRMLS
Feb 11, 2025 Price changed $679,900 CRMLS
Jan 27, 2025 Listed $696,999 CRMLS
Aug 15, 2022 Sold $580,000 MLS #220014362
Jun 21, 2022 Price changed $599,000 MLS #220014362
Jun 9, 2022 Listed $625,000 MLS #220014362
Apr 20, 1998 Sold $130,000 Public Record
Apr 8, 1994 Sold $138,500 Public Record
Sep 8, 1987 Sold $105,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $440,992 $162,439 $603,431 $7,799
2024 $440,992 $162,439 $603,431 $7,751
2023 $399,000 $146,000 $545,000 $7,114
2022 $142,929 $52,648 $195,577 $2,997
2021 $140,127 $51,616 $191,743 $2,967
2020 $138,691 $51,087 $189,778 $2,901
2019 $135,972 $50,086 $186,058 $2,861
2018 $133,306 $49,104 $182,410 $2,772
2017 $130,693 $48,142 $178,835 $2,697
2016 $128,131 $47,199 $175,330 $2,575
2015 $126,207 $46,491 $172,698 $2,558
2014 $123,735 $45,581 $169,316 $2,515
2013 $123,176 $45,375 $168,551 $2,514
2012 $120,761 $44,486 $165,247 $2,407
2010 $117,510 $43,289 $160,799 $2,363
2009 $117,790 $43,392 $161,182 $2,364
2008 $115,481 $42,542 $158,023 $2,264
2007 $113,217 $41,708 $154,925 $2,142

Property facts

Year built
1986
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,290 sqft
Lot size
227,601 sqft
ZIP code
92021
City
El Cajon
Street
Happy Way
Coordinates
32.83164, -116.90287

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
$4,128
Gross rental yield
8.54%
Implied cap rate
5.55%
Trend-extrapolated value

Frequently asked questions

When did 8516 Happy Way last sell?
8516 Happy Way most recently sold on Aug 15, 2022 for $580,000.
What is the current tax assessment for 8516 Happy Way?
The most recent total assessment for 8516 Happy Way (year 2025) is $603,431 with $7,799 in property tax.
How does 8516 Happy Way's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $580,000.
When was 8516 Happy Way built?
8516 Happy Way was built in 1986.
How does 8516 Happy Way compare to others on Happy Way?
We track 8 other properties on Happy Way. Browse the list under "Other properties on Happy Way" to compare beds, baths, and sale history.
What are the property facts for 8516 Happy Way?
8516 Happy Way is a 3 bed, 2 bath, 1,290 sqft, 227,601 sqft lot single_family.
Is 8516 Happy Way a flip candidate?
No — 8516 Happy Way does not appear in our flips dataset.
Is 8516 Happy Way a tax-appeal candidate?
No — 8516 Happy Way 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
+0.0%
Implied 1-yr
+0.1%
2026 Q3
$563.6K
2026 Q4
$563.7K
ZIP 92021 — Median Price History + Forecast

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