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587 Wellsley Dr

Lake Arrowhead, CA 92352

3 bd 2 ba 1,476 sqft Built 1980 Lot 2,560 sqft single_family
Most recent sale
$498,888
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 17, 2023 Price changed $519,000 CRMLS
Jun 15, 2023 Listed $539,000 MountainResortCommunities
Jun 29, 2022 Sold $498,888 MLS #OC22112465
Jun 3, 2022 Listed $518,000 MLS #OC22112465
Nov 12, 2021 Sold $429,000 MLS #EV21230532
Oct 18, 2021 Listed $429,000 MLS #EV21230532
Aug 17, 2020 Sold $324,500 MLS #EV20027241
Jan 3, 2017 Sold $243,600 MLS #2161755
Oct 5, 2016 Listed $239,900 MLS #2161755
Mar 12, 2006 Sold $297,000 MLS #252773
Nov 30, 2005 Listed $299,900 MLS #252773
Jul 11, 2003 Sold $181,000 Public Record
Oct 16, 1989 Sold $131,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $465,893 $63,531 $529,424 $6,790
2024 $465,893 $63,531 $529,424 $7,203
2023 $447,802 $61,064 $508,866 $7,098
2022 $377,520 $51,480 $429,000 $6,117
2021 $294,500 $30,000 $324,500 $4,906
2020 $227,489 $31,021 $258,510 $1,582
2019 $223,028 $30,413 $253,441 $1,647
2018 $218,655 $29,817 $248,472 $3,711
2017 $169,300 $42,700 $212,000 $3,273
2016 $159,700 $40,300 $200,000 $3,074
2015 $150,700 $38,000 $188,700 $2,962
2014 $131,000 $33,000 $164,000 $2,669
2013 $120,000 $30,000 $150,000 $2,464
2012 $160,700 $25,400 $186,100 $2,872
2011 $160,700 $25,400 $186,100 $2,847
2010 $171,000 $27,000 $198,000 $2,936
2009 $190,000 $30,000 $220,000 $3,115
2008 $270,088 $36,830 $306,918 $3,575
2007 $264,792 $36,108 $300,900 $4,946

Property facts

Year built
1980
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,476 sqft
Lot size
2,560 sqft
ZIP code
92352
City
Lake Arrowhead
Street
Wellsley Dr
Coordinates
34.24273, -117.18677

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
$4,723
Gross rental yield
11.36%
Implied cap rate
7.38%
Trend-extrapolated value

Frequently asked questions

When did 587 Wellsley Dr last sell?
587 Wellsley Dr most recently sold on Jun 29, 2022 for $498,888.
What is the current tax assessment for 587 Wellsley Dr?
The most recent total assessment for 587 Wellsley Dr (year 2025) is $529,424 with $6,790 in property tax.
How does 587 Wellsley Dr's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $498,888.
When was 587 Wellsley Dr built?
587 Wellsley Dr was built in 1980.
How does 587 Wellsley Dr compare to others on Wellsley Dr?
We track 8 other properties on Wellsley Dr. Browse the list under "Other properties on Wellsley Dr" to compare beds, baths, and sale history.
What are the property facts for 587 Wellsley Dr?
587 Wellsley Dr is a 3 bed, 2 bath, 1,476 sqft, 2,560 sqft lot single_family.
Is 587 Wellsley Dr a flip candidate?
Yes — 587 Wellsley Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 587 Wellsley Dr a tax-appeal candidate?
No — 587 Wellsley 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
+0.3%
Implied 1-yr
+1.0%
2026 Q3
$821.9K
2026 Q4
$823.9K
ZIP 92352 — Median Price History + Forecast

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