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40306 Preston Rd

Palmdale, CA 93551

4 bd 2 ba 2,426 sqft Built 2001 Lot 7,139 sqft single_family
Most recent sale
$649,000
Jun 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 14, 2022 Sold $649,000 MLS #22002800
Apr 13, 2022 Price changed $639,000 MLS #22002800
Mar 31, 2022 Listed $679,000 MLS #22002800
Mar 29, 2022 Listed $679,000 MLS #IV22062665
Dec 31, 2001 Sold $222,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $464,914 $223,808 $688,722 $9,436
2024 $464,914 $223,808 $688,722 $9,118
2023 $446,862 $215,118 $661,980 $9,034
2022 $247,227 $61,798 $309,025 $4,768
2021 $242,380 $60,587 $302,967 $4,681
2020 $239,895 $59,966 $299,861 $4,628
2019 $235,192 $58,791 $293,983 $4,558
2018 $230,581 $57,639 $288,220 $4,484
2017 $226,060 $56,509 $282,569 $4,408
2016 $221,628 $55,401 $277,029 $4,237
2015 $218,299 $54,569 $272,868 $4,184
2014 $214,023 $53,501 $267,524 $4,157
2013 $170,400 $42,600 $213,000 $3,504
2012 $167,800 $41,900 $209,700 $3,378
2010 $204,784 $51,193 $255,977 $3,785
2009 $203,737 $50,932 $254,669 $3,646
2008 $199,743 $49,934 $249,677 $3,451
2007 $195,827 $48,955 $244,782 $3,254

Property facts

Year built
2001
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,426 sqft
Lot size
7,139 sqft
ZIP code
93551
City
Palmdale
Street
Preston Rd
Coordinates
34.61404, -118.19580

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,763
Gross rental yield
14.35%
Implied cap rate
9.33%
Trend-extrapolated value

Frequently asked questions

When did 40306 Preston Rd last sell?
40306 Preston Rd most recently sold on Jun 14, 2022 for $649,000.
What is the current tax assessment for 40306 Preston Rd?
The most recent total assessment for 40306 Preston Rd (year 2025) is $688,722 with $9,436 in property tax.
How does 40306 Preston Rd's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $649,000.
When was 40306 Preston Rd built?
40306 Preston Rd was built in 2001.
How does 40306 Preston Rd compare to others on Preston Rd?
We track 6 other properties on Preston Rd. Browse the list under "Other properties on Preston Rd" to compare beds, baths, and sale history.
What are the property facts for 40306 Preston Rd?
40306 Preston Rd is a 4 bed, 2 bath, 2,426 sqft, 7,139 sqft lot single_family.
Is 40306 Preston Rd a flip candidate?
No — 40306 Preston Rd does not appear in our flips dataset.
Is 40306 Preston Rd a tax-appeal candidate?
No — 40306 Preston Rd 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
+1.0%
Implied 1-yr
+3.8%
2026 Q3
$619.1K
2026 Q4
$624.7K
ZIP 93551 — Median Price History + Forecast

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