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1518 Merritt Dr

El Cajon, CA 92020

4 bd 2 ba 1,764 sqft Built 1940 Lot 36,590 sqft single_family
Most recent sale
$989,000
Feb 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 7, 2022 Sold $989,000 MLS #PTP2200206
Jan 10, 2022 Listed $899,000 MLS #PTP2200206
Jun 28, 2004 Sold $590,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $538,000 $457,000 $995,000 $11,606
2024 $538,000 $457,000 $995,000 $12,130
2023 $507,000 $432,000 $939,000 $11,168
2022 $367,000 $313,000 $680,000 $8,106
2021 $367,000 $313,000 $680,000 $8,154
2020 $345,000 $295,000 $640,000 $7,666
2019 $334,000 $286,000 $620,000 $7,477
2018 $312,000 $268,000 $580,000 $7,015
2017 $258,000 $222,000 $480,000 $5,836
2016 $247,180 $214,000 $461,180 $5,489
2015 $247,180 $214,000 $461,180 $5,544
2014 $247,180 $214,000 $461,180 $5,544
2013 $246,294 $214,886 $461,180 $5,566
2012 $241,465 $210,673 $452,138 $5,278
2010 $236,731 $206,543 $443,274 $4,986
2009 $230,000 $205,000 $435,000 $4,978
2008 $331,849 $313,905 $645,754 $7,164
2007 $324,362 $307,750 $632,112 $6,771

Property facts

Year built
1940
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,764 sqft
Lot size
36,590 sqft
ZIP code
92020
City
El Cajon
Street
Merritt Dr
Coordinates
32.77634, -116.93493

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
$5,645
Gross rental yield
6.85%
Implied cap rate
4.45%
Trend-extrapolated value

Frequently asked questions

When did 1518 Merritt Dr last sell?
1518 Merritt Dr most recently sold on Feb 7, 2022 for $989,000.
What is the current tax assessment for 1518 Merritt Dr?
The most recent total assessment for 1518 Merritt Dr (year 2025) is $995,000 with $11,606 in property tax.
How does 1518 Merritt Dr's assessment compare to its last sale price?
The current assessment is 0.6% above the last sale price of $989,000.
When was 1518 Merritt Dr built?
1518 Merritt Dr was built in 1940.
How does 1518 Merritt Dr compare to others on Merritt Dr?
We track 8 other properties on Merritt Dr. Browse the list under "Other properties on Merritt Dr" to compare beds, baths, and sale history.
What are the property facts for 1518 Merritt Dr?
1518 Merritt Dr is a 4 bed, 2 bath, 1,764 sqft, 36,590 sqft lot single_family.
Is 1518 Merritt Dr a flip candidate?
No — 1518 Merritt Dr does not appear in our flips dataset.
Is 1518 Merritt Dr a tax-appeal candidate?
No — 1518 Merritt 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
-5.3%
Implied 1-yr
-21.1%
2026 Q3
$577K
2026 Q4
$557.8K
ZIP 92020 — Median Price History + Forecast

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