40235 Valley of the Falls Dr
Forest Falls, CA 92339
1 bd 1 ba 970 sqft Built 2005 Lot 13,800 sqft single_family
Most recent sale
$289,000
Apr 19, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 13, 2024 | Sold | $327,000 | CRMLS |
| Jun 9, 2024 | Listed | $328,500 | CRMLS |
| Apr 19, 2024 | Sold | $289,000 | CRMLS |
| Mar 7, 2024 | Listed | $290,000 | CRMLS |
| Jun 12, 2003 | Sold | $64,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $245,250 | $81,750 | $327,000 | $3,866 |
| 2024 | $245,250 | $81,750 | $327,000 | $3,613 |
| 2023 | $287,900 | $27,842 | $315,742 | $3,579 |
| 2022 | $282,255 | $27,296 | $309,551 | $3,495 |
| 2021 | $179,100 | $76,700 | $255,800 | $3,033 |
| 2020 | $179,100 | $76,700 | $255,800 | $2,981 |
| 2019 | $173,900 | $74,500 | $248,400 | $2,872 |
| 2018 | $173,900 | $74,500 | $248,400 | $2,673 |
| 2017 | $161,800 | $69,300 | $231,100 | $2,519 |
| 2016 | $151,200 | $64,800 | $216,000 | $2,356 |
| 2015 | $140,000 | $60,000 | $200,000 | $2,196 |
| 2014 | $135,000 | $55,000 | $190,000 | $2,089 |
| 2013 | $82,100 | $33,300 | $115,400 | $1,277 |
| 2012 | $74,000 | $30,000 | $104,000 | $1,156 |
| 2011 | $184,052 | $22,609 | $206,661 | $1,141 |
| 2010 | $182,676 | $22,440 | $205,116 | $2,275 |
| 2009 | $183,110 | $22,493 | $205,603 | $2,227 |
| 2008 | — | $22,052 | $22,052 | $242 |
| 2007 | — | $21,620 | $21,620 | $228 |
Property facts
Year built
2005
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
970 sqft
Lot size
13,800 sqft
ZIP code
92339
City
Forest Falls
Street
Valley of the Falls Dr
Coordinates
34.08672, -116.92634
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
$3,104
Gross rental yield
12.89%
Implied cap rate
8.38%
Trend-extrapolated value
—
Frequently asked questions
When did 40235 Valley of the Falls Dr last sell?
40235 Valley of the Falls Dr most recently sold on Apr 19, 2024 for $289,000.
What is the current tax assessment for 40235 Valley of the Falls Dr?
The most recent total assessment for 40235 Valley of the Falls Dr (year 2025) is $327,000 with $3,866 in property tax.
How does 40235 Valley of the Falls Dr's assessment compare to its last sale price?
The current assessment is 13.1% above the last sale price of $289,000.
When was 40235 Valley of the Falls Dr built?
40235 Valley of the Falls Dr was built in 2005.
How does 40235 Valley of the Falls Dr compare to others on Valley of the Falls Dr?
We track 8 other properties on Valley of the Falls Dr. Browse the list under "Other properties on Valley of the Falls Dr" to compare beds, baths, and sale history.
What are the property facts for 40235 Valley of the Falls Dr?
40235 Valley of the Falls Dr is a 1 bed, 1 bath, 970 sqft, 13,800 sqft lot single_family.
Is 40235 Valley of the Falls Dr a flip candidate?
No — 40235 Valley of the Falls Dr does not appear in our flips dataset.
Is 40235 Valley of the Falls Dr a tax-appeal candidate?
No — 40235 Valley of the Falls 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
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$312.4K
2026 Q4
$314.5K