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23741 Cheyenne Canyon Dr

Menifee, CA 92587

3 bd 2 ba 1,617 sqft Built 2005 Lot 9,583 sqft single_family
Most recent sale
$500,000
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 7, 2025 Listing removed $2,925 CRMLS
Mar 27, 2025 Listed for rent $2,925 CRMLS
Nov 19, 2024 Listed for rent $2,900 AppfolioUnits
Nov 14, 2024 Price changed for rent $2,900 CRMLS
Oct 19, 2024 Price changed for rent $3,250 CRMLS
Sep 21, 2024 Listed for rent $3,500 CRMLS
Sep 23, 2022 Sold $500,000 MLS #IV22047793
Aug 11, 2022 Price changed $509,000 MLS #IV22047793
Jul 22, 2022 Price changed $523,000 MLS #IV22047793
Jul 8, 2022 Price changed $539,000 MLS #IV22047793
Jun 24, 2022 Price changed $548,000 MLS #IV22047793
Jun 10, 2022 Price changed $553,000 MLS #IV22047793
May 27, 2022 Price changed $558,000 MLS #IV22047793
May 13, 2022 Price changed $570,000 MLS #IV22047793
Apr 29, 2022 Price changed $581,000 MLS #IV22047793
Apr 14, 2022 Price changed $599,000 MLS #IV22047793
Apr 1, 2022 Price changed $605,000 MLS #IV22047793
Mar 10, 2022 Listed $617,000 MLS #IV22047793
Feb 22, 2022 Sold $506,000 Public Record
Apr 20, 2020 Sold $364,900 MLS #SW20048444
Apr 8, 2015 Listing removed $285,000 CRMLS
Apr 8, 2015 Sold $276,000 Public Record
Feb 1, 2015 Listed $285,000 MLS #SW15023609
Nov 16, 2013 Listing removed $1,395 CRMLS
Oct 22, 2013 Listed for rent $1,395 CRMLS
Mar 10, 2013 Listing removed $1,395 CRMLS
Mar 8, 2013 Listing removed $1,395 ITECH
Feb 25, 2013 Listed for rent $1,395 CRMLS
Sep 22, 2005 Sold $342,000 Public Record
Jul 8, 2005 Sold $245,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $419,526 $104,040 $523,566 $6,584
2024 $419,526 $104,040 $523,566 $6,475
2023 $400,000 $100,000 $500,000 $6,464
2022 $272,996 $103,056 $376,052 $5,028
2021 $267,644 $101,036 $368,680 $5,013
2020 $248,357 $54,945 $303,302 $4,207
2019 $243,488 $53,868 $297,356 $4,120
2018 $238,714 $52,812 $291,526 $4,209
2017 $234,034 $51,777 $285,811 $3,887
2016 $229,446 $50,762 $280,208 $3,774
2015 $182,000 $87,000 $269,000 $3,603
2014 $149,000 $71,000 $220,000 $3,004
2013 $112,000 $53,000 $165,000 $2,203
2012 $102,000 $49,000 $151,000 $2,031
2010 $98,000 $47,000 $145,000 $1,945
2009 $113,000 $54,000 $167,000 $2,165
2008 $185,000 $99,000 $284,000 $3,280
2007 $236,640 $112,200 $348,840 $3,907

Property facts

Year built
2005
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,617 sqft
Lot size
9,583 sqft
ZIP code
92587
City
Menifee
Street
Cheyenne Canyon Dr
Coordinates
33.69429, -117.24522

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
$5,174
Gross rental yield
12.42%
Implied cap rate
8.07%
Trend-extrapolated value

Frequently asked questions

When did 23741 Cheyenne Canyon Dr last sell?
23741 Cheyenne Canyon Dr most recently sold on Sep 23, 2022 for $500,000.
What is the current tax assessment for 23741 Cheyenne Canyon Dr?
The most recent total assessment for 23741 Cheyenne Canyon Dr (year 2025) is $523,566 with $6,584 in property tax.
How does 23741 Cheyenne Canyon Dr's assessment compare to its last sale price?
The current assessment is 4.7% above the last sale price of $500,000.
When was 23741 Cheyenne Canyon Dr built?
23741 Cheyenne Canyon Dr was built in 2005.
How does 23741 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 23741 Cheyenne Canyon Dr?
23741 Cheyenne Canyon Dr is a 3 bed, 2 bath, 1,617 sqft, 9,583 sqft lot single_family.
Is 23741 Cheyenne Canyon Dr a flip candidate?
Yes — 23741 Cheyenne Canyon Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 23741 Cheyenne Canyon Dr a tax-appeal candidate?
No — 23741 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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