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40947 Cypress Point Dr

Cherry Valley, CA 92223

2 bd 3 ba 1,606 sqft Built 1990 Lot 4,356 sqft single_family
Most recent sale
$380,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Sold $380,000 MLS #EV22193310
Sep 2, 2022 Listed $385,000 MLS #EV22193310
Feb 28, 2022 Sold $395,000 MLS #P1-7990
Feb 9, 2022 Relisted $389,000 MLS #P1-7990
Jan 23, 2022 Listed $389,000 MLS #P1-7990
Sep 17, 2021 Sold $325,000 MLS #EV21175774
Sep 3, 2021 Listed $325,000 MLS #EV21175774
Dec 3, 2011 Listing removed $169,900 CRMLS
Jul 5, 2011 Listed $169,900 MLS #E11085552
Jun 29, 2011 Listing removed $169,900 CRMLS
Jun 1, 2011 Price changed $169,900 MLS #I11011278
Jan 28, 2011 Listed $180,000 MLS #I11011278
May 16, 2003 Sold $169,000 Public Record
May 29, 1998 Sold $88,000 Public Record
Nov 21, 1989 Sold $111,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $199,666 $22,863 $222,529 $2,876
2024 $199,666 $22,863 $222,529 $2,822
2023 $186,813 $21,976 $208,789 $2,763
2022 $285,000 $40,000 $325,000 $4,400
2021 $154,333 $39,967 $194,300 $2,572
2020 $152,751 $39,558 $192,309 $2,543
2019 $149,756 $38,783 $188,539 $2,503
2018 $146,819 $38,024 $184,843 $2,491
2017 $143,941 $37,279 $181,220 $2,450
2016 $141,119 $36,549 $177,668 $2,384
2015 $139,000 $36,000 $175,000 $2,344
2014 $139,000 $36,000 $175,000 $2,390
2013 $110,000 $29,000 $139,000 $1,912
2012 $107,000 $28,000 $135,000 $1,845
2010 $131,000 $34,000 $165,000 $2,428
2009 $147,000 $38,000 $185,000 $2,424
2008 $147,752 $38,590 $186,342 $2,255
2007 $144,855 $37,834 $182,689 $2,204

Property facts

Year built
1990
Property type
single_family
Stories
1
Beds
2
Baths
3
Living area
1,606 sqft
Lot size
4,356 sqft
ZIP code
92223
City
Cherry Valley
Street
Cypress Point Dr
Coordinates
33.96180, -116.94770

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,280
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 40947 Cypress Point Dr last sell?
40947 Cypress Point Dr most recently sold on Oct 7, 2022 for $380,000.
What is the current tax assessment for 40947 Cypress Point Dr?
The most recent total assessment for 40947 Cypress Point Dr (year 2025) is $222,529 with $2,876 in property tax.
How does 40947 Cypress Point Dr's assessment compare to its last sale price?
The current assessment is 41.4% below the last sale price of $380,000.
When was 40947 Cypress Point Dr built?
40947 Cypress Point Dr was built in 1990.
How does 40947 Cypress Point Dr compare to others on Cypress Point Dr?
We track 7 other properties on Cypress Point Dr. Browse the list under "Other properties on Cypress Point Dr" to compare beds, baths, and sale history.
What are the property facts for 40947 Cypress Point Dr?
40947 Cypress Point Dr is a 2 bed, 3 bath, 1,606 sqft, 4,356 sqft lot single_family.
Is 40947 Cypress Point Dr a flip candidate?
Yes — 40947 Cypress Point Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 40947 Cypress Point Dr a tax-appeal candidate?
No — 40947 Cypress Point Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.2%
Implied 1-yr
-4.6%
2026 Q3
$531.9K
2026 Q4
$525.2K
ZIP 92223 — Median Price History + Forecast

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