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479 Merida Dr

Fallbrook, CA 92028

4 bd 2 ba 2,236 sqft Built 1990 Lot 23,087 sqft single_family
Most recent sale
$750,000
Mar 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 14, 2025 Price changed for rent $4,395 RentalBeast
Sep 12, 2025 Price changed for rent $4,395 RentecDirect
Aug 27, 2025 Listed for rent $4,595 RentalBeast
Aug 25, 2025 Listed for rent $4,595 RentecDirect
Mar 17, 2022 Sold $750,000 MLS #220002756
Mar 1, 2022 Relisted $750,000 MLS #220002756
Feb 8, 2022 Listed $750,000 MLS #220002756
Mar 25, 2020 Sold $605,000 MLS #200002331
Mar 16, 2020 Sold $605,000 MLS #SW20006133
Mar 19, 2004 Sold $439,000 Public Record
Apr 26, 1988 Sold $45,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $328,974 $466,931 $795,905 $8,571
2024 $328,974 $466,931 $795,905 $8,369
2023 $301,000 $427,000 $728,000 $7,727
2022 $346,384 $277,107 $623,491 $6,758
2021 $339,593 $271,674 $611,267 $6,536
2020 $312,120 $249,696 $561,816 $6,046
2019 $306,000 $244,800 $550,800 $5,928
2018 $258,567 $204,699 $463,266 $5,080
2017 $253,498 $200,686 $454,184 $4,981
2016 $248,528 $196,751 $445,279 $4,857
2015 $244,795 $193,796 $438,591 $4,773
2014 $261,000 $159,000 $420,000 $4,499
2013 $217,000 $133,000 $350,000 $3,720
2012 $217,000 $133,000 $350,000 $3,757
2010 $217,000 $133,000 $350,000 $4,236
2009 $258,700 $216,485 $475,185 $4,976
2008 $224,771 $275,229 $500,000 $5,245
2007 $253,628 $212,241 $465,869 $4,871

Property facts

Year built
1990
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,236 sqft
Lot size
23,087 sqft
ZIP code
92028
City
Fallbrook
Street
Merida Dr
Coordinates
33.36383, -117.25730

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,155
Gross rental yield
11.45%
Implied cap rate
7.44%
Trend-extrapolated value

Frequently asked questions

When did 479 Merida Dr last sell?
479 Merida Dr most recently sold on Mar 17, 2022 for $750,000.
What is the current tax assessment for 479 Merida Dr?
The most recent total assessment for 479 Merida Dr (year 2025) is $795,905 with $8,571 in property tax.
How does 479 Merida Dr's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $750,000.
When was 479 Merida Dr built?
479 Merida Dr was built in 1990.
How does 479 Merida Dr compare to others on Merida Dr?
We track 6 other properties on Merida Dr. Browse the list under "Other properties on Merida Dr" to compare beds, baths, and sale history.
What are the property facts for 479 Merida Dr?
479 Merida Dr is a 4 bed, 2 bath, 2,236 sqft, 23,087 sqft lot single_family.
Is 479 Merida Dr a flip candidate?
Yes — 479 Merida Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 479 Merida Dr a tax-appeal candidate?
No — 479 Merida 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
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$813.5K
2026 Q4
$819.1K
ZIP 92028 — Median Price History + Forecast

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