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685 Merit Dr

San Marcos, CA 92078

4 bd 3 ba 2,211 sqft Built 2017 Lot 22,216 sqft single_family
Most recent sale
$1,165,000
Mar 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 28, 2022 Sold $1,165,000 MLS #220004117
Mar 1, 2022 Listed $1,100,000 MLS #220004117
Dec 27, 2017 Sold $635,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $387,340 $848,966 $1,236,306 $16,801
2024 $387,340 $848,966 $1,236,306 $15,993
2023 $372,300 $816,000 $1,188,300 $15,659
2022 $305,511 $375,270 $680,781 $9,904
2021 $299,521 $367,912 $667,433 $12,069
2020 $296,450 $364,140 $660,590 $11,936
2019 $290,638 $357,000 $647,638 $11,809
2018 $284,940 $350,000 $634,940 $8,562

Property facts

Year built
2017
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,211 sqft
Lot size
22,216 sqft
ZIP code
92078
City
San Marcos
Street
Merit Dr
Coordinates
33.12070, -117.16858

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
$7,075
Gross rental yield
7.29%
Implied cap rate
4.74%
Trend-extrapolated value

Frequently asked questions

When did 685 Merit Dr last sell?
685 Merit Dr most recently sold on Mar 28, 2022 for $1,165,000.
What is the current tax assessment for 685 Merit Dr?
The most recent total assessment for 685 Merit Dr (year 2025) is $1,236,306 with $16,801 in property tax.
How does 685 Merit Dr's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $1,165,000.
When was 685 Merit Dr built?
685 Merit Dr was built in 2017.
How does 685 Merit Dr compare to others on Merit Dr?
We track 8 other properties on Merit Dr. Browse the list under "Other properties on Merit Dr" to compare beds, baths, and sale history.
What are the property facts for 685 Merit Dr?
685 Merit Dr is a 4 bed, 3 bath, 2,211 sqft, 22,216 sqft lot single_family.
Is 685 Merit Dr a flip candidate?
No — 685 Merit Dr does not appear in our flips dataset.
Is 685 Merit Dr a tax-appeal candidate?
No — 685 Merit 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
+1.3%
Implied 1-yr
+5.1%
2026 Q3
$981.1K
2026 Q4
$992.6K
ZIP 92078 — Median Price History + Forecast

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