40959 Valley of the Falls Dr
Forest Falls, CA 92339
2 bd 1 ba 1,048 sqft Built 1971 Lot 6,000 sqft single_family
Most recent sale
$352,000
Jun 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 10, 2022 | Sold | $352,000 | MLS #EV22033602 |
| Feb 21, 2022 | Listed | $379,000 | MLS #EV22033602 |
| Jul 20, 2012 | Sold | $26,000 | Public Record |
| Jul 13, 2007 | Sold | $80,000 | Public Record |
| Jan 11, 2006 | Sold | $60,000 | Public Record |
| Nov 14, 2003 | Sold | $156,000 | Public Record |
| Jul 12, 2002 | Sold | $25,000 | Public Record |
| Jan 30, 2002 | Sold | $128,000 | Public Record |
| Jun 17, 1994 | Sold | $115,000 | Public Record |
| Aug 6, 1991 | Sold | $38,000 | Public Record |
| Oct 14, 1987 | Sold | $84,000 | Public Record |
| Apr 9, 1986 | Sold | $25,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $254,690 | $118,856 | $373,546 | $4,389 |
| 2024 | $254,690 | $118,856 | $373,546 | $4,083 |
| 2023 | $244,800 | $114,240 | $359,040 | $4,045 |
| 2022 | $156,756 | $82,424 | $239,180 | $2,740 |
| 2021 | $153,682 | $80,808 | $234,490 | $2,794 |
| 2020 | $152,106 | $79,979 | $232,085 | $2,720 |
| 2019 | $149,124 | $78,411 | $227,535 | $2,646 |
| 2018 | — | $28,139 | $28,139 | $304 |
| 2017 | — | $27,587 | $27,587 | $302 |
| 2016 | — | $27,046 | $27,046 | $296 |
| 2015 | — | $26,640 | $26,640 | $294 |
| 2014 | — | $26,118 | $26,118 | $289 |
| 2013 | — | $26,000 | $26,000 | $289 |
| 2012 | — | $83,660 | $83,660 | $930 |
| 2011 | — | $82,020 | $82,020 | $900 |
| 2010 | — | $81,407 | $81,407 | $904 |
| 2009 | — | $81,600 | $81,600 | $885 |
| 2008 | — | $80,000 | $80,000 | $875 |
| 2007 | — | $61,200 | $61,200 | $1,147 |
Property facts
Year built
1971
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,048 sqft
Lot size
6,000 sqft
ZIP code
92339
City
Forest Falls
Street
Valley of the Falls Dr
Coordinates
34.08571, -116.91090
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
$3,354
Gross rental yield
11.43%
Implied cap rate
7.43%
Trend-extrapolated value
—
Frequently asked questions
When did 40959 Valley of the Falls Dr last sell?
40959 Valley of the Falls Dr most recently sold on Jun 10, 2022 for $352,000.
What is the current tax assessment for 40959 Valley of the Falls Dr?
The most recent total assessment for 40959 Valley of the Falls Dr (year 2025) is $373,546 with $4,389 in property tax.
How does 40959 Valley of the Falls Dr's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $352,000.
When was 40959 Valley of the Falls Dr built?
40959 Valley of the Falls Dr was built in 1971.
How does 40959 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 40959 Valley of the Falls Dr?
40959 Valley of the Falls Dr is a 2 bed, 1 bath, 1,048 sqft, 6,000 sqft lot single_family.
Is 40959 Valley of the Falls Dr a flip candidate?
No — 40959 Valley of the Falls Dr does not appear in our flips dataset.
Is 40959 Valley of the Falls Dr a tax-appeal candidate?
No — 40959 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