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23738 Cheyenne Canyon Dr

Menifee, CA 92587

5 bd 3 ba 2,233 sqft Built 2005 Lot 9,148 sqft single_family
Most recent sale
$565,000
May 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 9, 2022 Sold $565,000 MLS #SW22060396
Mar 30, 2022 Listed $549,999 MLS #SW22060396
Jan 10, 2018 Sold $312,000 MLS #IG15086471
Jun 19, 2015 Sold $312,000 MLS #300112120
May 6, 2015 Price changed $304,900 MLS #IG15086471
Apr 23, 2015 Listed $304,900 MLS #300112120
Feb 5, 2014 Listing removed $1,849 CRMLS
Jan 30, 2014 Price changed for rent $1,849 CRMLS
Jan 16, 2014 Price changed for rent $1,899 CRMLS
Jan 9, 2014 Price changed for rent $1,919 CRMLS
Dec 19, 2013 Listed for rent $1,989 CRMLS
Aug 12, 2013 Sold $239,545 Public Record
Jul 29, 2005 Sold $288,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $493,461 $106,120 $599,581 $7,451
2024 $493,461 $106,120 $599,581 $7,329
2023 $474,300 $102,000 $576,300 $7,361
2022 $247,342 $106,000 $353,342 $4,676
2021 $242,493 $103,922 $346,415 $4,660
2020 $240,007 $102,857 $342,864 $4,598
2019 $235,301 $100,841 $336,142 $4,502
2018 $230,687 $98,865 $329,552 $4,540
2017 $226,164 $96,927 $323,091 $4,386
2016 $221,730 $95,027 $316,757 $4,247
2015 $168,296 $50,999 $219,295 $3,028
2014 $165,000 $50,000 $215,000 $2,946
2013 $114,000 $71,000 $185,000 $2,921
2012 $106,000 $65,000 $171,000 $2,333
2010 $104,000 $65,000 $169,000 $2,292
2009 $129,000 $80,000 $209,000 $2,711
2008 $185,110 $114,444 $299,554 $3,614
2007 $181,481 $112,200 $293,681 $3,396

Property facts

Year built
2005
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,233 sqft
Lot size
9,148 sqft
ZIP code
92587
City
Menifee
Street
Cheyenne Canyon Dr
Coordinates
33.69487, -117.24537

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
$3,390
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 23738 Cheyenne Canyon Dr last sell?
23738 Cheyenne Canyon Dr most recently sold on May 9, 2022 for $565,000.
What is the current tax assessment for 23738 Cheyenne Canyon Dr?
The most recent total assessment for 23738 Cheyenne Canyon Dr (year 2025) is $599,581 with $7,451 in property tax.
How does 23738 Cheyenne Canyon Dr's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $565,000.
When was 23738 Cheyenne Canyon Dr built?
23738 Cheyenne Canyon Dr was built in 2005.
How does 23738 Cheyenne Canyon Dr compare to others on Cheyenne Canyon Dr?
We track 8 other properties on Cheyenne Canyon Dr. Browse the list under "Other properties on Cheyenne Canyon Dr" to compare beds, baths, and sale history.
What are the property facts for 23738 Cheyenne Canyon Dr?
23738 Cheyenne Canyon Dr is a 5 bed, 3 bath, 2,233 sqft, 9,148 sqft lot single_family.
Is 23738 Cheyenne Canyon Dr a flip candidate?
No — 23738 Cheyenne Canyon Dr does not appear in our flips dataset.
Is 23738 Cheyenne Canyon Dr a tax-appeal candidate?
No — 23738 Cheyenne Canyon 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
+1.9%
Implied 1-yr
+7.5%
2026 Q3
$591.6K
2026 Q4
$601.5K
ZIP 92587 — Median Price History + Forecast

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