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40631 De Luz Murrieta Rd

Fallbrook, CA 92028

3 bd 2 ba 2,040 sqft Built 1990 Lot 1,291,990 sqft single_family
Most recent sale
$1,200,000
Apr 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 7, 2025 Sold $1,580,000 Public Record
Apr 28, 2022 Sold $1,200,000 MLS #ND21041230
Feb 24, 2022 Listed $1,199,000 MLS #ND21041230
May 15, 2020 Sold $960,000 MLS #190061018
Mar 10, 2020 Price changed $990,000 MLS #190061018
Nov 12, 2019 Listed $1,100,000 MLS #190061018
Nov 12, 1999 Sold $530,000 Public Record
May 17, 1990 Sold $505,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $318,362 $955,087 $1,273,449 $14,234
2024 $318,362 $955,087 $1,273,449 $13,911
2023 $287,000 $861,000 $1,148,000 $12,997
2022 $267,946 $721,397 $989,343 $11,610
2021 $262,693 $707,252 $969,945 $11,248
2020 $252,957 $491,874 $744,831 $8,926
2019 $247,998 $482,230 $730,228 $8,765
2018 $243,136 $472,775 $715,911 $8,645
2017 $238,369 $463,505 $701,874 $8,491
2016 $233,696 $454,417 $688,113 $8,301
2015 $230,186 $447,592 $677,778 $8,182
2014 $225,677 $438,825 $664,502 $8,042
2013 $224,658 $436,842 $661,500 $7,965
2012 $220,253 $428,277 $648,530 $7,895
2010 $215,935 $419,880 $635,815 $8,753
2009 $214,832 $417,733 $632,565 $8,685
2008 $210,620 $409,543 $620,163 $8,541
2007 $206,491 $401,513 $608,004 $8,371

Property facts

Year built
1990
Property type
single_family
Stories
Beds
3
Baths
2
Living area
2,040 sqft
Lot size
1,291,990 sqft
ZIP code
92028
City
Fallbrook
Street
De Luz Murrieta Rd
Coordinates
33.45030, -117.30870

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,528
Gross rental yield
6.53%
Implied cap rate
4.24%
Trend-extrapolated value

Frequently asked questions

When did 40631 De Luz Murrieta Rd last sell?
40631 De Luz Murrieta Rd most recently sold on Apr 28, 2022 for $1,200,000.
What is the current tax assessment for 40631 De Luz Murrieta Rd?
The most recent total assessment for 40631 De Luz Murrieta Rd (year 2025) is $1,273,449 with $14,234 in property tax.
How does 40631 De Luz Murrieta Rd's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $1,200,000.
When was 40631 De Luz Murrieta Rd built?
40631 De Luz Murrieta Rd was built in 1990.
How does 40631 De Luz Murrieta Rd compare to others on De Luz Murrieta Rd?
We track 8 other properties on De Luz Murrieta Rd. Browse the list under "Other properties on De Luz Murrieta Rd" to compare beds, baths, and sale history.
What are the property facts for 40631 De Luz Murrieta Rd?
40631 De Luz Murrieta Rd is a 3 bed, 2 bath, 2,040 sqft, 1,291,990 sqft lot single_family.
Is 40631 De Luz Murrieta Rd a flip candidate?
Yes — 40631 De Luz Murrieta Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 40631 De Luz Murrieta Rd a tax-appeal candidate?
No — 40631 De Luz Murrieta Rd 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
-0.3%
Implied 1-yr
-1.1%
2026 Q3
$785K
2026 Q4
$782.9K
ZIP 92028 — Median Price History + Forecast

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