29854 Penn St
Menifee, CA 92585
3 bd 2 ba 1,948 sqft Built 2020 Lot 4,356 sqft single_family
Most recent sale
$388,500
Jan 4, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 18, 2022 | Price changed | $575,000 | MLS #IV22186513 |
| Sep 13, 2022 | Price changed | $600,000 | MLS #IV22186513 |
| Aug 24, 2022 | Listed | $650,000 | MLS #IV22186513 |
| Jan 4, 2021 | Sold | $388,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $485,866 | $78,030 | $563,896 | $10,022 |
| 2023 | $326,154 | $78,030 | $404,184 | $8,393 |
| 2022 | $319,759 | $76,500 | $396,259 | $8,251 |
| 2021 | $217,000 | $18,769 | $235,769 | $6,375 |
| 2020 | — | $18,577 | $18,577 | $205 |
Property facts
Year built
2020
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,948 sqft
Lot size
4,356 sqft
ZIP code
92585
City
Menifee
Street
Penn St
Coordinates
33.71973, -117.13879
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,331
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 29854 Penn St last sell?
29854 Penn St most recently sold on Jan 4, 2021 for $388,500.
What is the current tax assessment for 29854 Penn St?
The most recent total assessment for 29854 Penn St (year 2024) is $563,896 with $10,022 in property tax.
How does 29854 Penn St's assessment compare to its last sale price?
The current assessment is 45.1% above the last sale price of $388,500.
When was 29854 Penn St built?
29854 Penn St was built in 2020.
How does 29854 Penn St compare to others on Penn St?
We track 7 other properties on Penn St. Browse the list under "Other properties on Penn St" to compare beds, baths, and sale history.
What are the property facts for 29854 Penn St?
29854 Penn St is a 3 bed, 2 bath, 1,948 sqft, 4,356 sqft lot single_family.
Is 29854 Penn St a flip candidate?
No — 29854 Penn St does not appear in our flips dataset.
Is 29854 Penn St a tax-appeal candidate?
Yes — 29854 Penn St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.6%
Implied 1-yr
-14.5%
2026 Q3
$511.9K
2026 Q4
$487.6K
ZIP 92585 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Penn St