For SaleRisky Deal6 days on market
1929 Summertree Dr
1929 Summertree Dr, Perris, CA 92571, Perris, CA 92571
$449,000
Estimate®:$451,500$2,500 Under Market
Listing Price
1929 Summertree Dr, Perris, CA 92571
Loc: Perris, CA
Days Listed
6
Tax Assessed
$92k
Estimate®
$452k
1% Under Valued
Lot Size
3,920 sqft
Rent Estimate
$2,167/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.
3
Palms Elementary School
K-6
1.2 mi away
1
Pinacate Middle School
7-8
2.9 mi away
3
Perris High School
9-12
0.5 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
ranch stylesingle-storystucco exteriorbrick accentstile roofattached garageconcrete drivewayfront lawnpalm treesuburbantraditionallow-pitched roofresidential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.70%
Total ROI
39.4%
Cash Flow
$-944/mo
DSCR
0.59
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-944/mo net cash flow with a 3.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Perris, 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 |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $449,000 | $506 |
| 2026-07-28 | Sold | $330,000 | $372 |
| 2009-02-27 | Sold | $50,000 | $56 |
| 2008-10-30 | Listing removed | $119,900 | $135 |
| 2008-09-09 | Listed for sale | $119,900 | $135 |
| 2005-10-07 | Sold | $285,000 | $321 |
| 2002-12-27 | Sold | $130,000 | $146 |
| 1996-07-01 | Sold | $61,000 | $69 |
| 1995-04-21 | Sold | $80,078 | $90 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $91,922 |
| 2025 | $1,269 | $90,121 |
| 2024 | $1,082.66 | $88,355 |
| 2023 | $1,085.66 | $86,624 |
| 2022 | $1,070.84 | $84,926 |
| 2021 | $1,051.44 | $83,262 |
| 2020 | $1,039.12 | $82,410 |
| 2019 | $1,016.64 | $80,795 |
| 2018 | $973.64 | $79,212 |
| 2017 | $961.42 | $77,660 |
| 2016 | $961.42 | $76,138 |
| 2015 | $926.24 | $74,996 |
| 2014 | $906.48 | $73,529 |
| 2013 | $0 | $73,199 |
| 2012 | $0 | $71,764 |
| 2011 | $0 | $70,357 |
| 2010 | $0 | $69,833 |
| 2009 | $0 | $87,000 |
| 2008 | $0 | $264,000 |
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