40360 Valley of the Falls Dr
Forest Falls, CA 92339
1 bd 1 ba 695 sqft Built 1930 Lot 24,302 sqft condos
Most recent sale
$189,000
Sep 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 29, 2022 | Sold | $189,000 | MLS #EV22143246 |
| Jun 30, 2022 | Listed | $189,000 | MLS #EV22143246 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $139,414 | $57,222 | $196,636 | $2,400 |
| 2024 | $139,414 | $57,222 | $196,636 | $2,237 |
| 2023 | $134,000 | $55,000 | $189,000 | $2,214 |
| 2022 | $18,834 | $8,754 | $27,588 | $470 |
| 2021 | $18,465 | $8,582 | $27,047 | $472 |
| 2020 | $18,276 | $8,494 | $26,770 | $460 |
| 2019 | $17,918 | $8,327 | $26,245 | $451 |
| 2018 | $17,567 | $8,164 | $25,731 | $284 |
| 2017 | $17,223 | $8,004 | $25,227 | $282 |
| 2016 | $16,885 | $7,847 | $24,732 | $277 |
| 2015 | $16,631 | $7,729 | $24,360 | $270 |
| 2014 | $16,305 | $7,578 | $23,883 | $265 |
| 2013 | $16,231 | $7,544 | $23,775 | $265 |
| 2012 | $15,913 | $7,396 | $23,309 | $261 |
| 2011 | $15,601 | $7,251 | $22,852 | $253 |
| 2010 | $15,484 | $7,197 | $22,681 | $254 |
| 2009 | $15,521 | $7,214 | $22,735 | $248 |
| 2008 | $15,217 | $7,073 | $22,290 | $246 |
| 2007 | $14,919 | $6,934 | $21,853 | $230 |
Property facts
Year built
1930
Property type
condos
Stories
2
Beds
1
Baths
1
Living area
695 sqft
Lot size
24,302 sqft
ZIP code
92339
City
Forest Falls
Street
Valley of the Falls Dr
Coordinates
34.08842, -116.92384
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,224
Gross rental yield
14.12%
Implied cap rate
9.18%
Trend-extrapolated value
—
Frequently asked questions
When did 40360 Valley of the Falls Dr last sell?
40360 Valley of the Falls Dr most recently sold on Sep 29, 2022 for $189,000.
What is the current tax assessment for 40360 Valley of the Falls Dr?
The most recent total assessment for 40360 Valley of the Falls Dr (year 2025) is $196,636 with $2,400 in property tax.
How does 40360 Valley of the Falls Dr's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $189,000.
When was 40360 Valley of the Falls Dr built?
40360 Valley of the Falls Dr was built in 1930.
How does 40360 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 40360 Valley of the Falls Dr?
40360 Valley of the Falls Dr is a 1 bed, 1 bath, 695 sqft, 24,302 sqft lot condos.
Is 40360 Valley of the Falls Dr a flip candidate?
No — 40360 Valley of the Falls Dr does not appear in our flips dataset.
Is 40360 Valley of the Falls Dr a tax-appeal candidate?
No — 40360 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