For SaleRisky Deal4 days on market
28823 Sunburst Dr
28823 Sunburst Dr, Menifee, CA 92584, Menifee, CA 92584
$539,000
Estimate®:$540,000$1,000 Under Market
Listing Price
28823 Sunburst Dr, Menifee, CA 92584
Loc: Menifee, CA
Days Listed
4
Tax Assessed
$389k
Estimate®
$540k
0% Under Valued
Lot Size
8,712 sqft
Rent Estimate
$3,199/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Southshore Elementary School
K-5
0.6 mi away
5
Bell Mountain Middle School
6-8
0.6 mi away
8
Santa Rosa Academy
K-12
1.4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Single Family Residence2003Central, Forced Air, Fireplace(s)Central Air3 Attached Garage spaces$25 monthly8,712 sqft4 Days$286
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.03%
Total ROI
46.5%
Cash Flow
$-986/mo
DSCR
0.65
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-986/mo net cash flow with a 4.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Menifee, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-21 | Listed for sale | $539,000 | $286 |
| 2016-10-11 | Sold | $329,000 | $175 |
| 2016-09-13 | Pending sale | $334,900 | $178 |
| 2016-09-12 | Listed for sale | $334,900 | $178 |
| 2016-09-12 | Pending sale | $334,900 | $178 |
| 2016-09-02 | Listed for sale | $334,900 | $178 |
| 2003-11-20 | Sold | $274,500 | $146 |
| 2003-08-29 | Sold | $274,500 | $146 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $389,461 |
| 2025 | $6,769.24 | $381,826 |
| 2024 | $6,690.42 | $374,340 |
| 2023 | $6,699.68 | $367,001 |
| 2022 | $6,629.52 | $359,806 |
| 2021 | $6,595.1 | $352,752 |
| 2020 | $6,498.22 | $349,136 |
| 2019 | $6,387.6 | $342,291 |
| 2018 | $6,187.14 | $335,580 |
| 2017 | $6,111.04 | $329,000 |
| 2016 | $6,111.04 | $307,000 |
| 2015 | $5,590.28 | $289,000 |
| 2014 | $5,222.1 | $260,000 |
| 2013 | $0 | $220,000 |
| 2012 | $0 | $186,000 |
| 2011 | $0 | $199,000 |
| 2010 | $0 | $194,000 |
| 2009 | $0 | $206,000 |
| 2008 | $0 | $297,125 |
| 2007 | $0 | $291,300 |
| 2006 | $0 | $285,589 |
| 2005 | $0 | $279,990 |
| 2003 | $0 | $11,218 |
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