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Single Family ResidenceResidential
$475,922$367 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $465,000 on Aug 12, 2024

29501 RAINBOW FOREST WAY

MENIFEE, CA 92584
1
Beds
1.8
Baths
1,297 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.13 ac
Lot SizeThe size of the land the home sits on, from county records.
2003
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$476K
$442K low$510K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$465,000 · Aug 12, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,535 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$474,300 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$142,290
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$332,010
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$465,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$361,260

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyRIVERSIDE
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2004
Lot (acres)The size of the land the home sits on, from county records.0.13
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Tile
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(7)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Freedom Crest Elementary SchoolC+
Elementary · Grades KG–5 · 1.3 mi
M
Hans Christensen Middle SchoolC+
Middle · Grades 6–8 · 1.8 mi
H
Heritage High SchoolC-
High · Grades 9–12 · 4.0 mi

District: Perris Union High School District

Neighborhood · ZIP 92584These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.56
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.103
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.302

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.19%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.62,499
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,984 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$106,089
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$126,107
Average tempThe average temperature here across a full year.63°F
Annual precipHow much rain and melted snow falls here in a typical year.13 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.68%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

29501 Rainbow Forest Way measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 95% of homes in Menifee 92584
  • Costs more per square foot than 93% of homes in Menifee Lakes
  • Smaller than 96% of homes in Menifee 92584
  • Has a smaller lot than 83% of homes in Riverside County
  • Newer than 70% of homes in Riverside County

What homes are worth in Menifee 92584

Each bar is how many homes fall in that price range. The marker is this home.

This home
$439K$925K

This home is worth more than 5% of homes in Menifee 92584.

How it measures up in Menifee 92584

The dot is this home. The mark in the middle is the typical home in Menifee 92584.

Estimated value$475,922
CheaperTypical $625,755Pricier

Pricier than 5% of homes nearby

Price per ft²$367
CheaperTypical $275Pricier

Pricier than 93% of homes nearby

Living area1,297 ft²
SmallerTypical 2,258 ft²Bigger

Bigger than 4% of homes nearby

Lot size0.13 ac
SmallerTypical 0.17 acBigger

Bigger than 19% of homes nearby

Year built2003
OlderTypical 2006Newer

Newer than 38% of homes nearby

How 29501 Rainbow Forest Way ranks against every home in each area.
MeasureThis homeMenifee LakesMenifee 92584Riverside County
Estimated valuepricier than$475,92212% of homes5% of homes27% of homes
Price per ft²pricier than$36793% of homes93% of homes69% of homes
Living areabigger than1,297 ft²7% of homes4% of homes20% of homes
Lot sizebigger than0.13 ac45% of homes19% of homes17% of homes
Year builtnewer than200356% of homes38% of homes70% of homes

About 29501 Rainbow Forest Way

How much is 29501 Rainbow Forest Way, Menifee, CA worth?

The TopHap Estimate for 29501 Rainbow Forest Way, Menifee, CA is $475,922 as of Sep 24, 2026. The likely range is $442,209 to $509,635. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 29501 Rainbow Forest Way, Menifee, CA last sell?

29501 Rainbow Forest Way, Menifee, CA last sold on Aug 12, 2024 for $465,000, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 29501 Rainbow Forest Way, Menifee, CA?

29501 Rainbow Forest Way, Menifee, CA has 1 bedrooms, 1.8 bathrooms, 1,297 square feet of living space and a 0.13-acre lot.

When was 29501 Rainbow Forest Way, Menifee, CA built?

29501 Rainbow Forest Way, Menifee, CA was built in 2003, making it 23 years old. The building has 1 story.

What schools serve 29501 Rainbow Forest Way, Menifee, CA?

29501 Rainbow Forest Way, Menifee, CA is assigned to Freedom Crest Elementary School (elementary), rated C+; Hans Christensen Middle School (middle), rated C+; Heritage High School (high), rated C-. All sit in Perris Union High School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 29501 Rainbow Forest Way, Menifee, CA compare to other homes in Menifee 92584?

Among the 20,891 homes in Menifee 92584, it is worth more than 5% of them ($475,922 against a typical $625,755), its price per square foot is higher than 93% of them ($367 against a typical $275), it is bigger than 4% of them (1,297 ft² against a typical 2,258 ft²), its lot is bigger than 19% of them (0.13 ac against a typical 0.17 ac) and it is newer than 38% of them (2003 against a typical 2006). Measured against all of Riverside County, it is worth more than 27% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 29501 Rainbow Forest Way, Menifee, CA?

The 2025 property tax bill for 29501 Rainbow Forest Way, Menifee, CA was $5,535. The county assessed it at $474,300.

More homes on Rainbow Forest Way

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