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29357 Caravel Dr

Menifee, CA 92585

4 bd 3 ba 2,907 sqft Built 2021 Lot 5,331 sqft single_family
Most recent sale
$622,000
Jul 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 12, 2022 Sold $622,000 MLS #PTP2203348
Jun 16, 2022 Price changed $599,990 MLS #PTP2203348
Jun 12, 2022 Price changed $649,900 MLS #PTP2203348
May 31, 2022 Price changed $675,500 MLS #PTP2203348
May 26, 2022 Listed $695,500 MLS #PTP2203348
May 17, 2021 Sold $556,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $569,098 $78,030 $647,128 $11,547
2023 $547,000 $75,000 $622,000 $11,439
2022 $490,152 $76,500 $566,652 $10,843
2021 $96,300 $14,806 $111,106 $5,616
2020 $14,948 $14,948 $170

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,907 sqft
Lot size
5,331 sqft
ZIP code
92585
City
Menifee
Street
Caravel Dr
Coordinates
33.72076, -117.14636

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,732
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 29357 Caravel Dr last sell?
29357 Caravel Dr most recently sold on Jul 12, 2022 for $622,000.
What is the current tax assessment for 29357 Caravel Dr?
The most recent total assessment for 29357 Caravel Dr (year 2024) is $647,128 with $11,547 in property tax.
How does 29357 Caravel Dr's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $622,000.
When was 29357 Caravel Dr built?
29357 Caravel Dr was built in 2021.
How does 29357 Caravel Dr compare to others on Caravel Dr?
We track 8 other properties on Caravel Dr. Browse the list under "Other properties on Caravel Dr" to compare beds, baths, and sale history.
What are the property facts for 29357 Caravel Dr?
29357 Caravel Dr is a 4 bed, 3 bath, 2,907 sqft, 5,331 sqft lot single_family.
Is 29357 Caravel Dr a flip candidate?
No — 29357 Caravel Dr does not appear in our flips dataset.
Is 29357 Caravel Dr a tax-appeal candidate?
No — 29357 Caravel 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
-3.6%
Implied 1-yr
-14.5%
2026 Q3
$511.9K
2026 Q4
$487.6K
ZIP 92585 — Median Price History + Forecast

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