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3131 Michelson Dr

Irvine, CA 92612

2 bd 3 ba 2,063 sqft Built 2005 condos
Most recent sale
$1,395,000
Sep 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 12, 2022 Sold $1,395,000 MLS #NP22122104
Aug 25, 2022 Relisted $1,395,000 MLS #NP22122104
Jun 7, 2022 Listed for rent $5,800 CRMLS
Jun 7, 2022 Listed $1,395,000 MLS #NP22122104
Jan 29, 2019 Listing removed $4,950 CRMLS
Jan 10, 2019 Price changed for rent $4,950 CRMLS
Jan 10, 2019 Price changed $1,150,000 MLS #NP18264314
Nov 1, 2018 Listed $1,175,000 MLS #NP18264314
Oct 31, 2018 Listed for rent $5,250 CRMLS
Jan 2, 2018 Listing removed $4,900 CRMLS
Nov 14, 2017 Price changed for rent $4,900 CRMLS
Nov 4, 2017 Listing removed $1,250,000 CRMLS
Nov 3, 2017 Listed for rent $5,000 CRMLS
Aug 14, 2017 Listed $1,250,000 MLS #NP17188064
Feb 24, 2016 Listing removed $1,350,000 CRMLS
Nov 11, 2015 Price changed $1,350,000 MLS #NP15169912
Aug 3, 2015 Listed $1,490,000 MLS #NP15169912
Oct 10, 2011 Listing removed $3,950 SoCalMLS
Aug 12, 2011 Price changed for rent $3,950 SoCalMLS
Jul 20, 2011 Listed for rent $4,250 SoCalMLS
Feb 1, 2011 Listing removed $4,250 SoCalMLS
Dec 16, 2009 Listing removed $4,250 SoCalMLS
Aug 26, 2009 Listed for rent $4,250 SoCalMLS
Nov 14, 2008 Listing removed $1,950,000 SoCalMLS
Oct 15, 2007 Listed $1,950,000 MLS #U7001652
Aug 16, 2007 Listed $4,950 MLS #U6603547
Apr 1, 2006 Listed $5,800 MLS #U6600349
Feb 14, 2006 Sold $1,440,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $571,690 $571,692 $1,143,382 $12,810
2024 $571,690 $571,692 $1,143,382 $12,476
2023 $704,194 $690,806 $1,395,000 $15,456
2022 $641,688 $376,903 $1,018,591 $11,485
2021 $629,106 $369,513 $998,619 $11,207
2020 $622,656 $365,724 $988,380 $11,240
2019 $610,448 $358,552 $969,000 $11,004
2018 $598,479 $351,521 $950,000 $10,558
2017 $606,900 $572,220 $1,179,120 $13,241
2016 $595,000 $561,000 $1,156,000 $12,972
2015 $595,000 $561,000 $1,156,000 $12,967
2014 $595,000 $147,000 $742,000 $8,352
2013 $595,000 $103,000 $698,000 $7,771
2012 $595,000 $103,000 $698,000 $7,792
2011 $595,000 $103,000 $698,000 $7,744
2010 $595,000 $206,000 $801,000 $8,885
2009 $597,984 $377,016 $975,000 $10,799
2008 $597,984 $900,192 $1,498,176 $15,920
2007 $586,259 $882,541 $1,468,800 $15,648

Property facts

Year built
2005
Property type
condos
Stories
1
Beds
2
Baths
3
Living area
2,063 sqft
Lot size
ZIP code
92612
City
Irvine
Street
Michelson Dr
Coordinates
33.67388, -117.84337

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
$6,602
Gross rental yield
5.68%
Implied cap rate
3.69%
Trend-extrapolated value

Frequently asked questions

When did 3131 Michelson Dr last sell?
3131 Michelson Dr most recently sold on Sep 12, 2022 for $1,395,000.
What is the current tax assessment for 3131 Michelson Dr?
The most recent total assessment for 3131 Michelson Dr (year 2025) is $1,143,382 with $12,810 in property tax.
How does 3131 Michelson Dr's assessment compare to its last sale price?
The current assessment is 18.0% below the last sale price of $1,395,000.
When was 3131 Michelson Dr built?
3131 Michelson Dr was built in 2005.
How does 3131 Michelson Dr compare to others on Michelson Dr?
We track 8 other properties on Michelson Dr. Browse the list under "Other properties on Michelson Dr" to compare beds, baths, and sale history.
What are the property facts for 3131 Michelson Dr?
3131 Michelson Dr is a 2 bed, 3 bath, 2,063 sqft condos.
Is 3131 Michelson Dr a flip candidate?
No — 3131 Michelson Dr does not appear in our flips dataset.
Is 3131 Michelson Dr a tax-appeal candidate?
No — 3131 Michelson 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
+3.8%
Implied 1-yr
+15.2%
2026 Q3
$2.16M
2026 Q4
$2.16M
ZIP 92612 — Median Price History + Forecast

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