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3131 Michelson Dr

Irvine, CA 92612

2 bd 2 ba 1,249 sqft Built 2006 Lot 100,846 sqft condos
Most recent sale
$995,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 16, 2024 Listed $1,399,900 CRMLS
Jun 3, 2022 Sold $995,000 CRMLS
Aug 11, 2020 Sold $680,000 CRMLS
Jul 3, 2020 Listed $695,000 CRMLS
Mar 1, 2013 Listing removed $650,000 CRMLS
Feb 28, 2013 Listing removed $650,000 ITECH
Feb 1, 2013 Listed $650,000 CRMLS
Apr 13, 2011 Sold $418,000 ITECH
Feb 6, 2011 Listing removed $425,000 ITECH
Feb 3, 2011 Listing removed $389,900 CRMLS
Jan 26, 2011 Listed $389,900 CRMLS
Jan 21, 2011 Listed $389,900 ITECH
Sep 23, 2010 Listing removed $425,000 SoCalMLS
Sep 10, 2010 Price changed $425,000 SoCalMLS
Aug 26, 2010 Price changed $475,000 SoCalMLS
Jun 5, 2010 Listed $425,000 ITECH
Feb 14, 2006 Sold $731,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $586,785 $469,116 $1,055,901 $11,909
2024 $586,785 $469,116 $1,055,901 $11,600
2023 $564,000 $450,900 $1,014,900 $11,322
2022 $518,768 $174,832 $693,600 $7,845
2021 $508,597 $171,403 $680,000 $7,655
2020 $411,324 $78,349 $489,673 $5,605
2019 $403,259 $76,813 $480,072 $5,487
2018 $395,352 $75,307 $470,659 $5,263
2017 $387,600 $73,831 $461,431 $5,220
2016 $380,000 $72,384 $452,384 $5,114
2015 $374,293 $71,296 $445,589 $5,010
2014 $366,962 $69,899 $436,861 $4,925
2013 $351,120 $66,880 $418,000 $4,661
2012 $351,120 $66,880 $418,000 $4,674
2011 $337,870 $64,130 $402,000 $4,468
2010 $337,870 $64,130 $402,000 $4,391
2009 $485,870 $64,130 $550,000 $6,022
2008 $485,870 $144,130 $630,000 $6,652
2007 $485,870 $260,158 $746,028 $7,883

Property facts

Year built
2006
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,249 sqft
Lot size
100,846 sqft
ZIP code
92612
City
Irvine
Street
Michelson Dr
Coordinates
33.67389, -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
$3,997
Gross rental yield
4.82%
Implied cap rate
3.13%
Trend-extrapolated value

Frequently asked questions

When did 3131 Michelson Dr last sell?
3131 Michelson Dr most recently sold on Jun 3, 2022 for $995,000.
What is the current tax assessment for 3131 Michelson Dr?
The most recent total assessment for 3131 Michelson Dr (year 2025) is $1,055,901 with $11,909 in property tax.
How does 3131 Michelson Dr's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $995,000.
When was 3131 Michelson Dr built?
3131 Michelson Dr was built in 2006.
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, 2 bath, 1,249 sqft, 100,846 sqft lot condos.
Is 3131 Michelson Dr a flip candidate?
Yes — 3131 Michelson Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
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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