For SaleRisky Deal0 days on market
28382 Paseo Grande Dr
28382 Paseo Grande Dr, Menifee, CA 92586, Menifee, CA 92586
$275,000
Estimate®:$274,600
Listing Price
28382 Paseo Grande Dr, Menifee, CA 92586
Loc: Menifee, CA
Days Listed
0
Tax Assessed
$342k
Estimate®
$275k
Market Rate
Lot Size
2,226 sqft
Rent Estimate
$2,267/mo
Est. Cash Flow base
Type
condo
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.
7
Ridgemoor Elementary School
K-5
1.1 mi away
6
Kathryn Newport Middle School
6-8
1.9 mi away
N/A
Menifee Preschool
Elementary
2.3 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-storyranch-stylestucco exteriorattached garagemid-century modern influenceflat roofasphalt drivewaylow-maintenance landscapingmanicured shrubberymature treesuburbanresidentialexterior view
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.03%
Total ROI
89.9%
Cash Flow
$-45/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-45/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Menifee
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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $275,000 | $214 |
| 2024-09-09 | Sold | $335,500 | $261 |
| 2024-08-14 | Pending sale | $329,900 | $257 |
| 2024-07-25 | Price change | $329,900 | $257 |
| 2024-06-20 | Price change | $334,900 | $261 |
| 2024-05-30 | Listed for sale | $349,900 | $272 |
| 2022-06-23 | Sold | $275,000 | $214 |
| 2022-05-25 | Pending sale | $252,000 | $196 |
| 2022-05-25 | Listing removed | $0 | – |
| 2022-05-20 | Listed for sale | $252,000 | $196 |
| 2017-04-06 | Sold | $160,000 | $125 |
| 2010-12-17 | Sold | $73,000 | $57 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $342,209 |
| 2025 | $3,852.32 | $335,500 |
| 2024 | $3,293.32 | $286,110 |
| 2023 | $3,313.94 | $280,500 |
| 2022 | $2,096.12 | $174,870 |
| 2021 | $2,062.14 | $171,442 |
| 2020 | $2,032.98 | $169,685 |
| 2019 | $1,991.32 | $166,359 |
| 2018 | $1,904.58 | $163,098 |
| 2017 | $883.64 | $80,577 |
| 2016 | $883.64 | $78,998 |
| 2015 | $834.78 | $77,814 |
| 2014 | $810.38 | $76,292 |
| 2013 | $0 | $75,949 |
| 2012 | $0 | $74,460 |
| 2011 | $0 | $73,000 |
| 2010 | $0 | $108,962 |
| 2009 | $0 | $109,223 |
| 2008 | $0 | $107,083 |
| 2007 | $0 | $104,984 |
| 2006 | $0 | $102,927 |
| 2005 | $0 | $100,910 |
| 2003 | $0 | $97,121 |
| 2002 | $0 | $88,000 |
| 2001 | $851.88 | $85,000 |
| 2000 | $648.54 | $65,000 |
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