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40138 Colony Dr

Murrieta, CA 92562

3 bd 2 ba 1,853 sqft Built 1998 Lot 6,534 sqft single_family
Most recent sale
$610,000
Apr 19, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2024 Sold $610,000 CRMLS
Mar 20, 2024 Listed $595,000 CRMLS
Dec 3, 2003 Sold $355,000 Public Record
May 2, 2002 Sold $292,000 Public Record
Mar 26, 1999 Sold $244,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $435,540 $186,660 $622,200 $7,968
2024 $435,540 $186,660 $622,200 $6,232
2023 $368,968 $116,145 $485,113 $6,306
2022 $361,734 $113,868 $475,602 $6,186
2021 $354,642 $111,636 $466,278 $6,069
2020 $335,286 $104,978 $440,264 $5,740
2019 $325,520 $101,920 $427,440 $5,579
2018 $313,000 $98,000 $411,000 $5,373
2017 $294,000 $92,000 $386,000 $5,083
2016 $275,000 $87,000 $362,000 $4,809
2015 $271,000 $85,000 $356,000 $4,747
2014 $259,000 $81,000 $340,000 $4,429
2013 $226,000 $71,000 $297,000 $3,914
2012 $214,000 $67,000 $281,000 $3,643
2010 $219,000 $69,000 $288,000 $3,864
2009 $209,000 $66,000 $275,000 $3,468
2008 $292,256 $92,006 $384,262 $4,994
2007 $286,526 $90,202 $376,728 $4,988

Property facts

Year built
1998
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,853 sqft
Lot size
6,534 sqft
ZIP code
92562
City
Murrieta
Street
Colony Dr
Coordinates
33.58561, -117.21206

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,930
Gross rental yield
11.67%
Implied cap rate
7.58%
Trend-extrapolated value

Frequently asked questions

When did 40138 Colony Dr last sell?
40138 Colony Dr most recently sold on Apr 19, 2024 for $610,000.
What is the current tax assessment for 40138 Colony Dr?
The most recent total assessment for 40138 Colony Dr (year 2025) is $622,200 with $7,968 in property tax.
How does 40138 Colony Dr's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $610,000.
When was 40138 Colony Dr built?
40138 Colony Dr was built in 1998.
How does 40138 Colony Dr compare to others on Colony Dr?
We track 8 other properties on Colony Dr. Browse the list under "Other properties on Colony Dr" to compare beds, baths, and sale history.
What are the property facts for 40138 Colony Dr?
40138 Colony Dr is a 3 bed, 2 bath, 1,853 sqft, 6,534 sqft lot single_family.
Is 40138 Colony Dr a flip candidate?
No — 40138 Colony Dr does not appear in our flips dataset.
Is 40138 Colony Dr a tax-appeal candidate?
No — 40138 Colony 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
+1.4%
Implied 1-yr
+5.5%
2026 Q3
$1.02M
2026 Q4
$1.02M
ZIP 92562 — Median Price History + Forecast

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