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29230 Falling Water Dr

Menifee, CA 92585

5 bd 3 ba 3,469 sqft Built 2007 Lot 8,712 sqft single_family
Most recent sale
$760,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2022 Sold $760,000 MLS #SW22074044
Apr 13, 2022 Listed $739,000 MLS #SW22074044
Nov 16, 2007 Sold $364,500 Public Record
Dec 21, 2005 Sold $6,291,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $691,100 $106,120 $797,220 $13,147
2023 $673,200 $102,000 $775,200 $12,733
2022 $302,223 $148,522 $450,745 $9,683
2021 $296,298 $145,610 $441,908 $9,457
2020 $293,260 $144,117 $437,377 $9,292
2019 $287,510 $141,292 $428,802 $9,019
2018 $281,873 $138,522 $420,395 $8,651
2017 $276,347 $135,806 $412,153 $8,510
2016 $259,000 $128,000 $387,000 $8,151
2015 $262,000 $129,000 $391,000 $8,134
2014 $245,000 $120,000 $365,000 $7,741
2013 $200,000 $99,000 $299,000 $6,974
2012 $178,000 $88,000 $266,000 $6,470
2010 $173,000 $85,000 $258,000 $6,849
2009 $198,000 $97,000 $295,000 $6,061
2008 $244,178 $120,000 $364,178 $6,692
2007 $69,470 $69,470 $3,613

Property facts

Year built
2007
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,469 sqft
Lot size
8,712 sqft
ZIP code
92585
City
Menifee
Street
Falling Water Dr
Coordinates
33.72469, -117.15051

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,560
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 29230 Falling Water Dr last sell?
29230 Falling Water Dr most recently sold on May 20, 2022 for $760,000.
What is the current tax assessment for 29230 Falling Water Dr?
The most recent total assessment for 29230 Falling Water Dr (year 2024) is $797,220 with $13,147 in property tax.
How does 29230 Falling Water Dr's assessment compare to its last sale price?
The current assessment is 4.9% above the last sale price of $760,000.
When was 29230 Falling Water Dr built?
29230 Falling Water Dr was built in 2007.
How does 29230 Falling Water Dr compare to others on Falling Water Dr?
We track 7 other properties on Falling Water Dr. Browse the list under "Other properties on Falling Water Dr" to compare beds, baths, and sale history.
What are the property facts for 29230 Falling Water Dr?
29230 Falling Water Dr is a 5 bed, 3 bath, 3,469 sqft, 8,712 sqft lot single_family.
Is 29230 Falling Water Dr a flip candidate?
No — 29230 Falling Water Dr does not appear in our flips dataset.
Is 29230 Falling Water Dr a tax-appeal candidate?
No — 29230 Falling Water 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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