40968 Cypress Point Dr
Cherry Valley, CA 92223
2 bd 2 ba 1,606 sqft Built 1990 Lot 6,969 sqft single_family
Most recent sale
$364,900
May 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 15, 2024 | Listed | $399,900 | CRMLS |
| May 23, 2022 | Sold | $364,900 | MLS #PTP2201610 |
| Mar 30, 2022 | Price changed | $364,900 | MLS #PTP2201610 |
| Mar 12, 2022 | Listed | $374,900 | MLS #PTP2201610 |
| Feb 16, 2000 | Sold | $130,000 | Public Record |
| Nov 21, 1989 | Sold | $122,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $344,785 | $42,448 | $387,233 | $6,120 |
| 2024 | $344,785 | $42,448 | $387,233 | $5,854 |
| 2023 | $331,398 | $40,800 | $372,198 | $5,948 |
| 2022 | $121,978 | $24,871 | $146,849 | $1,942 |
| 2021 | $119,587 | $24,384 | $143,971 | $1,904 |
| 2020 | $118,361 | $24,134 | $142,495 | $1,883 |
| 2019 | $116,041 | $23,661 | $139,702 | $1,852 |
| 2018 | $113,764 | $23,200 | $136,964 | $1,843 |
| 2017 | $111,534 | $22,746 | $134,280 | $1,812 |
| 2016 | $109,348 | $22,300 | $131,648 | $1,763 |
| 2015 | $107,706 | $21,966 | $129,672 | $1,733 |
| 2014 | $105,598 | $21,537 | $127,135 | $1,732 |
| 2013 | $105,122 | $21,441 | $126,563 | $1,740 |
| 2012 | $103,061 | $21,021 | $124,082 | $1,695 |
| 2010 | $100,287 | $20,456 | $120,743 | $1,572 |
| 2009 | $100,526 | $20,505 | $121,031 | $1,579 |
| 2008 | $98,555 | $20,103 | $118,658 | $1,432 |
| 2007 | $96,623 | $19,709 | $116,332 | $1,399 |
Property facts
Year built
1990
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,606 sqft
Lot size
6,969 sqft
ZIP code
92223
City
Cherry Valley
Street
Cypress Point Dr
Coordinates
33.96238, -116.94732
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,189
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 40968 Cypress Point Dr last sell?
40968 Cypress Point Dr most recently sold on May 23, 2022 for $364,900.
What is the current tax assessment for 40968 Cypress Point Dr?
The most recent total assessment for 40968 Cypress Point Dr (year 2025) is $387,233 with $6,120 in property tax.
How does 40968 Cypress Point Dr's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $364,900.
When was 40968 Cypress Point Dr built?
40968 Cypress Point Dr was built in 1990.
How does 40968 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 40968 Cypress Point Dr?
40968 Cypress Point Dr is a 2 bed, 2 bath, 1,606 sqft, 6,969 sqft lot single_family.
Is 40968 Cypress Point Dr a flip candidate?
No — 40968 Cypress Point Dr does not appear in our flips dataset.
Is 40968 Cypress Point Dr a tax-appeal candidate?
No — 40968 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 valuationQuarterly trend
-1.2%
Implied 1-yr
-4.6%
2026 Q3
$531.9K
2026 Q4
$525.2K
ZIP 92223 — Median Price History + Forecast
Explore nearby
Geography
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