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29856 Avenida De Cortez

Menifee, CA 92586

3 bd 2 ba 1,293 sqft Built 1988 Lot 7,405 sqft single_family
Most recent sale
$520,000
Jul 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 27, 2025 Sold $560,000 CRMLS
May 15, 2025 Listed $549,990 CRMLS
Jul 21, 2022 Sold $520,000 MLS #SW22134740
Jun 24, 2022 Listed $489,000 MLS #SW22134740
Jul 28, 2021 Sold $430,000 MLS #IV21138277
Jun 26, 2021 Listed $385,000 MLS #IV21138277
Feb 26, 1998 Sold $95,000 Public Record
Apr 26, 1988 Sold $90,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $457,776 $83,232 $541,008 $6,274
2024 $457,776 $83,232 $541,008 $6,140
2023 $440,000 $80,000 $520,000 $6,179
2022 $350,000 $80,000 $430,000 $5,171
2021 $88,495 $51,612 $140,107 $1,707
2020 $87,588 $51,083 $138,671 $1,679
2019 $85,871 $50,082 $135,953 $1,645
2018 $84,187 $49,101 $133,288 $1,577
2017 $82,537 $48,139 $130,676 $1,550
2016 $80,919 $47,196 $128,115 $1,492
2015 $79,704 $46,488 $126,192 $1,470
2014 $78,144 $45,578 $123,722 $1,430
2013 $77,792 $45,373 $123,165 $1,434
2012 $76,267 $44,484 $120,751 $1,368
2010 $74,214 $43,287 $117,501 $1,329
2009 $74,392 $43,391 $117,783 $1,315
2008 $72,934 $42,541 $115,475 $1,274
2007 $71,504 $41,707 $113,211 $1,232

Property facts

Year built
1988
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,293 sqft
Lot size
7,405 sqft
ZIP code
92586
City
Menifee
Street
Avenida De Cortez
Coordinates
33.68682, -117.17947

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
$4,138
Gross rental yield
9.55%
Implied cap rate
6.21%
Trend-extrapolated value

Frequently asked questions

When did 29856 Avenida De Cortez last sell?
29856 Avenida De Cortez most recently sold on Jul 21, 2022 for $520,000.
What is the current tax assessment for 29856 Avenida De Cortez?
The most recent total assessment for 29856 Avenida De Cortez (year 2025) is $541,008 with $6,274 in property tax.
How does 29856 Avenida De Cortez's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $520,000.
When was 29856 Avenida De Cortez built?
29856 Avenida De Cortez was built in 1988.
How does 29856 Avenida De Cortez compare to others on Avenida De Cortez?
We track 4 other properties on Avenida De Cortez. Browse the list under "Other properties on Avenida De Cortez" to compare beds, baths, and sale history.
What are the property facts for 29856 Avenida De Cortez?
29856 Avenida De Cortez is a 3 bed, 2 bath, 1,293 sqft, 7,405 sqft lot single_family.
Is 29856 Avenida De Cortez a flip candidate?
Yes — 29856 Avenida De Cortez appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 29856 Avenida De Cortez a tax-appeal candidate?
No — 29856 Avenida De Cortez 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
-0.4%
Implied 1-yr
-1.6%
2026 Q3
$338.5K
2026 Q4
$337K
ZIP 92586 — Median Price History + Forecast

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