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40438 Calle Real

Murrieta, CA 92563

3 bd 3 ba 1,427 sqft Built 2017 townhomes
Most recent sale
$515,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2025 Price changed $514,000 CRMLS
Jul 23, 2025 Listed $531,000 CRMLS
Sep 30, 2022 Sold $515,000 MLS #220021221
Aug 15, 2022 Listed $510,000 MLS #220021221
Sep 27, 2017 Sold $315,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $436,968 $98,838 $535,806 $6,401
2024 $436,968 $98,838 $535,806 $6,274
2023 $420,000 $95,000 $515,000 $6,368
2022 $247,129 $91,137 $338,266 $4,355
2021 $242,284 $89,350 $331,634 $4,282
2020 $239,800 $88,434 $328,234 $4,233
2019 $235,099 $86,700 $321,799 $4,149
2018 $230,490 $85,000 $315,490 $4,067
2017 $28,912 $28,912 $722

Property facts

Year built
2017
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,427 sqft
Lot size
ZIP code
92563
City
Murrieta
Street
Calle Real
Coordinates
33.54852, -117.17193

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
$4,566
Gross rental yield
10.64%
Implied cap rate
6.92%
Trend-extrapolated value

Frequently asked questions

When did 40438 Calle Real last sell?
40438 Calle Real most recently sold on Sep 30, 2022 for $515,000.
What is the current tax assessment for 40438 Calle Real?
The most recent total assessment for 40438 Calle Real (year 2025) is $535,806 with $6,401 in property tax.
How does 40438 Calle Real's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $515,000.
When was 40438 Calle Real built?
40438 Calle Real was built in 2017.
How does 40438 Calle Real compare to others on Calle Real?
We track 8 other properties on Calle Real. Browse the list under "Other properties on Calle Real" to compare beds, baths, and sale history.
What are the property facts for 40438 Calle Real?
40438 Calle Real is a 3 bed, 3 bath, 1,427 sqft townhomes.
Is 40438 Calle Real a flip candidate?
No — 40438 Calle Real does not appear in our flips dataset.
Is 40438 Calle Real a tax-appeal candidate?
No — 40438 Calle Real 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
+0.8%
Implied 1-yr
+3.0%
2026 Q3
$665.4K
2026 Q4
$670.2K
ZIP 92563 — Median Price History + Forecast

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