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655 Walnut Dr

Lake Elsinore, CA 92530

2 bd 2 ba 1,087 sqft Built 1986 Lot 1,551 sqft condos
Most recent sale
$300,000
Sep 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 19, 2026 Sold $315,000 CRMLS
Apr 1, 2026 Listed $315,000 CRMLS
Sep 20, 2022 Sold $300,000 MLS #SW22182808
Aug 18, 2022 Listed $300,000 MLS #SW22182808
Aug 18, 2021 Sold $250,000 MLS #OC21087016
Apr 25, 2021 Listed $240,000 MLS #OC21087016
Nov 15, 2011 Sold $55,500 Public Record
Oct 27, 2011 Listing removed $50,900 CRMLS
Oct 12, 2011 Listed $50,900 MLS #T11134484
Sep 19, 1990 Sold $87,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $270,504 $41,616 $312,120 $3,348
2024 $270,504 $41,616 $312,120 $3,198
2023 $260,000 $40,000 $300,000 $3,157
2022 $210,000 $40,000 $250,000 $2,639
2021 $46,412 $17,400 $63,812 $711
2020 $45,937 $17,222 $63,159 $705
2019 $45,037 $16,885 $61,922 $692
2018 $44,153 $16,555 $60,708 $679
2017 $43,288 $16,231 $59,519 $667
2016 $42,440 $15,913 $58,353 $644
2015 $41,803 $15,675 $57,478 $637
2014 $40,985 $15,369 $56,354 $613
2013 $40,800 $15,300 $56,100 $606
2012 $40,000 $15,000 $55,000 $595
2010 $83,831 $27,937 $111,768 $1,164
2009 $84,031 $28,004 $112,035 $1,167
2008 $82,384 $27,455 $109,839 $1,148
2007 $80,769 $26,917 $107,686 $1,126

Property facts

Year built
1986
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,087 sqft
Lot size
1,551 sqft
ZIP code
92530
City
Lake Elsinore
Street
Walnut Dr
Coordinates
33.68310, -117.37188

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,478
Gross rental yield
13.91%
Implied cap rate
9.04%
Trend-extrapolated value

Frequently asked questions

When did 655 Walnut Dr last sell?
655 Walnut Dr most recently sold on Sep 20, 2022 for $300,000.
What is the current tax assessment for 655 Walnut Dr?
The most recent total assessment for 655 Walnut Dr (year 2025) is $312,120 with $3,348 in property tax.
How does 655 Walnut Dr's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $300,000.
When was 655 Walnut Dr built?
655 Walnut Dr was built in 1986.
How does 655 Walnut Dr compare to others on Walnut Dr?
We track 8 other properties on Walnut Dr. Browse the list under "Other properties on Walnut Dr" to compare beds, baths, and sale history.
What are the property facts for 655 Walnut Dr?
655 Walnut Dr is a 2 bed, 2 bath, 1,087 sqft, 1,551 sqft lot condos.
Is 655 Walnut Dr a flip candidate?
Yes — 655 Walnut Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 655 Walnut Dr a tax-appeal candidate?
No — 655 Walnut 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
+4.5%
Implied 1-yr
+18.1%
2026 Q3
$591.5K
2026 Q4
$612.1K
ZIP 92530 — Median Price History + Forecast

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