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28754 Vela Dr

Menifee, CA 92586

4 bd 2 ba 2,047 sqft Built 2005 Lot 10,019 sqft single_family
Most recent sale
$600,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $600,000 MLS #IV22183670
Aug 19, 2022 Listed $583,000 MLS #IV22183670
Jul 25, 2022 Sold $537,000 Public Record
Aug 16, 2018 Sold $395,000 MLS #300582277
Aug 2, 2018 Relisted $395,000 MLS #SW18143928
Jul 24, 2018 Listing removed $395,000 CRMLS
Jun 29, 2018 Price changed $395,000 MLS #SW18143928
Jun 15, 2018 Listed $395,000 MLS #300582277
Apr 14, 2016 Sold $338,000 MLS #SW16036436
Feb 19, 2016 Listed $335,000 MLS #SW16036436
Jan 17, 2015 Listing removed $1,750 CRMLS
Jan 12, 2015 Price changed for rent $1,750 CRMLS
Jan 5, 2015 Listed for rent $1,795 CRMLS
May 23, 2014 Listing removed $1,795 CRMLS
Apr 30, 2014 Listed for rent $1,795 CRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $530,604 $93,636 $624,240 $7,582
2024 $530,604 $93,636 $624,240 $7,472
2023 $510,000 $90,000 $600,000 $7,508
2022 $328,493 $78,837 $407,330 $5,269
2021 $322,052 $77,292 $399,344 $5,256
2020 $318,750 $76,500 $395,250 $5,176
2019 $312,500 $75,000 $387,500 $5,071
2018 $246,158 $105,496 $351,654 $4,448
2017 $241,332 $103,428 $344,760 $4,369
2016 $168,609 $76,143 $244,752 $3,238
2015 $166,077 $75,000 $241,077 $3,776
2014 $162,825 $73,532 $236,357 $3,552
2013 $152,000 $68,000 $220,000 $2,946
2012 $132,000 $59,000 $191,000 $2,438
2010 $141,000 $64,000 $205,000 $2,759
2009 $155,000 $51,000 $206,000 $2,740
2008 $207,000 $111,000 $318,000 $3,908
2007 $275,400 $91,800 $367,200 $4,216

Property facts

Year built
2005
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,047 sqft
Lot size
10,019 sqft
ZIP code
92586
City
Menifee
Street
Vela Dr
Coordinates
33.70315, -117.21759

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,550
Gross rental yield
13.10%
Implied cap rate
8.52%
Trend-extrapolated value

Frequently asked questions

When did 28754 Vela Dr last sell?
28754 Vela Dr most recently sold on Sep 30, 2022 for $600,000.
What is the current tax assessment for 28754 Vela Dr?
The most recent total assessment for 28754 Vela Dr (year 2025) is $624,240 with $7,582 in property tax.
How does 28754 Vela Dr's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $600,000.
When was 28754 Vela Dr built?
28754 Vela Dr was built in 2005.
How does 28754 Vela Dr compare to others on Vela Dr?
We track 7 other properties on Vela Dr. Browse the list under "Other properties on Vela Dr" to compare beds, baths, and sale history.
What are the property facts for 28754 Vela Dr?
28754 Vela Dr is a 4 bed, 2 bath, 2,047 sqft, 10,019 sqft lot single_family.
Is 28754 Vela Dr a flip candidate?
No — 28754 Vela Dr does not appear in our flips dataset.
Is 28754 Vela Dr a tax-appeal candidate?
No — 28754 Vela 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
-0.4%
Implied 1-yr
-1.6%
2026 Q3
$338.5K
2026 Q4
$337K
ZIP 92586 — Median Price History + Forecast

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