For SaleRisky Deal43 days on market
31317 Corderro Ln
31317 Corderro Ln, Menifee, CA 92584, Menifee, CA 92584
$575,000
Estimate®:$576,700$1,700 Under Market
Listing Price
31317 Corderro Ln, Menifee, CA 92584
Loc: Menifee, CA
Days Listed
43
Tax Assessed
$462k
Estimate®
$577k
0% Under Valued
Lot Size
10,019 sqft
Rent Estimate
$3,371/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
Callie Kirkpatrick Elementary School
K-5
1.1 mi away
5
Bell Mountain Middle School
6-8
0.6 mi away
8
Santa Rosa Academy
K-12
1.2 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 Residence2003CentralCentral Air3 Attached Garage spaces$25 monthly10,019 sqft43 Days$242
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.21%
Total ROI
50.4%
Cash Flow
$-965/mo
DSCR
0.68
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-965/mo net cash flow with a 4.2% 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 |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $575,000 | $242 |
| 2026-09-15 | Contingent | $575,000 | $242 |
| 2026-09-04 | Price change | $575,000 | $242 |
| 2026-08-13 | Listed for sale | $599,000 | $252 |
| 2013-08-02 | Listing removed | $1,775 | $1 |
| 2013-07-11 | Listed for rent | $1,775 | $1 |
| 2003-11-07 | Sold | $318,500 | $134 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $461,869 |
| 2025 | $7,561.48 | $452,814 |
| 2024 | $7,463.08 | $443,936 |
| 2023 | $7,478.96 | $435,232 |
| 2022 | $7,406.22 | $426,699 |
| 2021 | $7,384.26 | $418,334 |
| 2020 | $7,153.26 | $403,842 |
| 2019 | $6,982.3 | $392,080 |
| 2018 | $6,666.68 | $377,000 |
| 2017 | $6,362.96 | $351,000 |
| 2016 | $6,362.96 | $332,000 |
| 2015 | $5,963.54 | $322,000 |
| 2014 | $5,808.18 | $312,000 |
| 2013 | $0 | $237,000 |
| 2012 | $0 | $230,000 |
| 2011 | $0 | $233,000 |
| 2010 | $0 | $227,000 |
| 2009 | $0 | $237,000 |
| 2008 | $0 | $344,752 |
| 2007 | $0 | $337,993 |
| 2006 | $0 | $331,367 |
| 2005 | $0 | $324,870 |
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