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Single Family ResidenceResidential
$683,459$274 / 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 $650,000 on Aug 20, 2024

4651 FORMOSA WAY

PERRIS, CA 92571
3
Beds
2.5
Baths
2,492 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.
0.17 ac
Lot SizeThe size of the land the home sits on, from county records.
2016
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

$683K
$636K low$731K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$650,000 · Aug 20, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$9,663 (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.$663,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$198,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$464,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$650,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$463,680

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyRIVERSIDE
Lot (acres)The size of the land the home sits on, from county records.0.17
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
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(9)

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.

H
Rancho Verde High SchoolB-
High · Grades 9–12 · 0.3 mi
M
Vista Verde MiddleC
Middle · Grades 6–8 · 1.7 mi
E
Lasselle Elementary SchoolB
Elementary · Grades KG–5 · 1.9 mi

District: Val Verde Unified School District

Neighborhood · ZIP 92571These 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.35
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.106
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.349

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.98%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.7.8%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.8%
PopulationHow many people live in this area.65,104
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,319 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$78,725
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$93,389
Average tempThe average temperature here across a full year.63°F
Annual precipHow much rain and melted snow falls here in a typical year.12 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

4651 Formosa 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 more than 96% of homes in Perris 92571
  • Costs less per square foot than 71% of homes in Riverside County
  • Bigger than 78% of homes in Perris 92571
  • Has a bigger lot than 74% of homes in North Perris
  • Newer than 91% of homes in North Perris

What homes are worth in Perris 92571

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

This home
$374K$713K

This home is worth more than 96% of homes in Perris 92571.

How it measures up in Perris 92571

The dot is this home. The mark in the middle is the typical home in Perris 92571.

Estimated value$683,459
CheaperTypical $525,142Pricier

Pricier than 96% of homes nearby

Price per ft²$274
CheaperTypical $281Pricier

Pricier than 46% of homes nearby

Living area2,492 ft²
SmallerTypical 1,829 ft²Bigger

Bigger than 78% of homes nearby

Lot size0.17 ac
SmallerTypical 0.14 acBigger

Bigger than 66% of homes nearby

Year built2016
OlderTypical 2003Newer

Newer than 90% of homes nearby

How 4651 Formosa Way ranks against every home in each area.
MeasureThis homeNorth PerrisPerris 92571Riverside County
Estimated valuepricier than$683,45994% of homes96% of homes67% of homes
Price per ft²pricier than$27462% of homes46% of homes29% of homes
Living areabigger than2,492 ft²66% of homes78% of homes76% of homes
Lot sizebigger than0.17 ac74% of homes66% of homes30% of homes
Year builtnewer than201691% of homes90% of homes91% of homes

About 4651 Formosa Way

How much is 4651 Formosa Way, Perris, CA worth?

The TopHap Estimate for 4651 Formosa Way, Perris, CA is $683,459 as of Sep 24, 2026. The likely range is $635,579 to $731,339. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 4651 Formosa Way, Perris, CA last sell?

4651 Formosa Way, Perris, CA last sold on Aug 20, 2024 for $650,000, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 4651 Formosa Way, Perris, CA?

4651 Formosa Way, Perris, CA has 3 bedrooms, 2.5 bathrooms, 2,492 square feet of living space and a 0.17-acre lot.

When was 4651 Formosa Way, Perris, CA built?

4651 Formosa Way, Perris, CA was built in 2016, making it 10 years old. The building has 1 story.

What schools serve 4651 Formosa Way, Perris, CA?

4651 Formosa Way, Perris, CA is assigned to Rancho Verde High School (high), rated B-; Vista Verde Middle (middle), rated C; Lasselle Elementary School (elementary), rated B. All sit in Val Verde Unified School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 4651 Formosa Way, Perris, CA compare to other homes in Perris 92571?

Among the 14,332 homes in Perris 92571, it is worth more than 96% of them ($683,459 against a typical $525,142), its price per square foot is higher than 46% of them ($274 against a typical $281), it is bigger than 78% of them (2,492 ft² against a typical 1,829 ft²), its lot is bigger than 66% of them (0.17 ac against a typical 0.14 ac) and it is newer than 90% of them (2016 against a typical 2003). Measured against all of Riverside County, it is worth more than 67% 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 4651 Formosa Way, Perris, CA?

The 2025 property tax bill for 4651 Formosa Way, Perris, CA was $9,663. The county assessed it at $663,000.

More homes on Formosa Way

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Assigned schools

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