223 Shetland Way
Fallbrook, CA 92028
3 bd 2 ba 1,897 sqft Built 1972 Lot 13,068 sqft single_family
Most recent sale
$865,000
May 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 13, 2024 | Price changed | $899,000 | CRMLS |
| Oct 25, 2024 | Listed | $925,000 | CRMLS |
| May 19, 2022 | Sold | $865,000 | MLS #220009195 |
| Apr 20, 2022 | Listed | $775,000 | MLS #220009195 |
| Mar 11, 2021 | Sold | $675,000 | MLS #NDP2101423 |
| Oct 3, 2006 | Sold | $576,000 | Public Record |
| Feb 22, 2006 | Sold | $414,000 | Public Record |
| Jul 19, 1991 | Sold | $182,000 | Public Record |
| Jun 14, 1989 | Sold | $180,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $554,000 | $336,000 | $890,000 | $9,579 |
| 2024 | $554,000 | $336,000 | $890,000 | $9,539 |
| 2023 | $505,000 | $307,000 | $812,000 | $8,612 |
| 2022 | $427,853 | $260,646 | $688,499 | $7,457 |
| 2021 | $348,000 | $212,000 | $560,000 | $5,910 |
| 2020 | $323,000 | $197,000 | $520,000 | $5,584 |
| 2019 | $304,000 | $186,000 | $490,000 | $5,258 |
| 2018 | $304,000 | $186,000 | $490,000 | $5,281 |
| 2017 | $276,000 | $169,000 | $445,000 | $4,791 |
| 2016 | $226,000 | $139,000 | $365,000 | $3,900 |
| 2015 | $213,000 | $132,000 | $345,000 | $3,681 |
| 2014 | $213,000 | $132,000 | $345,000 | $3,683 |
| 2013 | $176,000 | $110,000 | $286,000 | $3,027 |
| 2012 | $176,000 | $110,000 | $286,000 | $3,057 |
| 2010 | $155,000 | $110,000 | $265,000 | $2,789 |
| 2009 | $146,000 | $210,000 | $356,000 | $3,713 |
| 2008 | $194,618 | $280,382 | $475,000 | $4,975 |
| 2007 | $236,000 | $340,000 | $576,000 | $6,024 |
Property facts
Year built
1972
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,897 sqft
Lot size
13,068 sqft
ZIP code
92028
City
Fallbrook
Street
Shetland Way
Coordinates
33.36731, -117.24862
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,070
Gross rental yield
8.42%
Implied cap rate
5.47%
Trend-extrapolated value
—
Frequently asked questions
When did 223 Shetland Way last sell?
223 Shetland Way most recently sold on May 19, 2022 for $865,000.
What is the current tax assessment for 223 Shetland Way?
The most recent total assessment for 223 Shetland Way (year 2025) is $890,000 with $9,579 in property tax.
How does 223 Shetland Way's assessment compare to its last sale price?
The current assessment is 2.9% above the last sale price of $865,000.
When was 223 Shetland Way built?
223 Shetland Way was built in 1972.
How does 223 Shetland Way compare to others on Shetland Way?
We track 8 other properties on Shetland Way. Browse the list under "Other properties on Shetland Way" to compare beds, baths, and sale history.
What are the property facts for 223 Shetland Way?
223 Shetland Way is a 3 bed, 2 bath, 1,897 sqft, 13,068 sqft lot single_family.
Is 223 Shetland Way a flip candidate?
Yes — 223 Shetland Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 223 Shetland Way a tax-appeal candidate?
No — 223 Shetland Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.3%
Implied 1-yr
-1.1%
2026 Q3
$785K
2026 Q4
$782.9K
ZIP 92028 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Shetland Way