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Sold for $315,000
    • Listed by: GILLMORE REAL ESTATE • DEBORAH WELCH • Contact: 909-794-2518
    Bought with: KELLER WILLIAMS REALTY
    $315,000

    40848 Valley Of The Falls Dr, Forest Falls, CA 92339

    3beds
    1,324sqft
    Single Family Residence
    Built in 1926
    0.36 Acres Lot
    $311,100 Zestimate®
    $238/sqft
    $2,729 Estimated rent

    Home value

    $311,100

    $280,000 - $345,000

    $2,729/mo

    Zestimate® history
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    What's special

    Vintage five panel doorsBreakfast barSurrounded by national forestIncredible locationLaminate floorsWood burning stoveGlass door knobs
    Huge Price Reduction...don't miss out on this Creekside home that has just been waiting for you to call it your own! Incredible Location. The first thing you notice is the sound of Mill Creek. Instantly your blood pressure drops and you know you can see yourself spending time here to escape stressful city life. This adorable home has 3 bedrooms and 2 baths. Enter into open living/dining area and observe native river rock fireplace w/ insert to keep it cozy during the cooler months and romantic Fall evenings. Kitchen has laminate floors and countertops, opens into living room w/ breakfast bar for convenience. Front bedroom is a step down from living room and full bath and has lots of windows for natural light. Rear bedroom has soaring ceilings and a wall of windows looking out into the forest, and an additional wood burning stove making it oh so charming and warm. This big bedroom could double as a great room if desired. Downstairs bedroom accessed from inside or out is good sized and neighbor to big laundry room and wine cellar. So much character in this one of a kind mountain home from the vintage five panel doors, glass door knobs and leaded glass windows to the cedar panelling and vintage brass handles on the kitchen cabinets. Detached work shop at front of property. The only real thing it needs are your personal touches to call it home. Surrounded by National Forest there are trees everywhere.

    Zillow last checked:

    Listing updated:

    Listed by:

    DEBORAH WELCH DRE #01326809 debi@forestfalls.com,

    GILLMORE REAL ESTATE

    Bought with:

    Gerry Ramos, DRE #01379034

    KELLER WILLIAMS REALTY

    Source: CRMLS,MLS#: IG25012585MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Laundry, Primary Bedroom
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub, Separate Shower, Tub Shower
    Kitchen
    • Features: Kitchen/Family Room Combo
    Heating
    • Electric, Fireplace(s), Wood Stove
    Cooling
    • None
    Appliances
    • Laundry: Inside
    Features
    • High Ceilings, Bedroom on Main Level, Main Level Primary
    • Flooring: Carpet, Concrete, Laminate
    • Basement: Finished
    • Has fireplace: Yes
    • Fireplace features: Living Room, Wood Burning
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,324 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street, Unpaved
    • Uncovered spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: fd
    • Patio & porch: None
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: Mountain(s), Rocks, River, Trees/Woods
    • Has water view: Yes
    • Water view: River
    • Waterfront features: Creek
    Lot
    • Size: 0.36 Acres
    • Features: Sloped Down
    Details
    • Additional structures: Workshop
    • Parcel number: 0323311350000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1926

    Utilities & green energy

    • Sewer: Septic Tank
    • Utilities for property: Propane

    Community & HOA

    Community
    • Features: Near National Forest
    Location
    • Region: Forest Falls

    Financial & listing details

    • Price per square foot: $238/sqft
    • Tax assessed value: $140,390
    • Annual tax amount: $1,768
    • Date on market: 1/17/2025
    • Cumulative days on market: 311 days
    • Listing terms: Cash,Conventional,FHA

    Price history

    DateEventPrice
    5/12/2025Sold$315,000-3.1%$238/sqft
    Source: CRMLS #IG25012585 Report a problem
    4/24/2025Contingent$325,000$245/sqft
    Source: CRMLS #IG25012585 Report a problem
    4/18/2025Price change$325,000-8.5%$245/sqft
    Source: CRMLS #IG25012585 Report a problem
    2/20/2025Price change$355,000-1.9%$268/sqft
    Source: CRMLS #IG25012585 Report a problem
    1/17/2025Price change$362,000-0.8%$273/sqft
    Source: CRMLS #IG25012585 Report a problem
    1/14/2025Listed for sale$364,900$276/sqft
    Source: CRMLS #EV24111608 Report a problem
    1/1/2025Listing removed$364,900$276/sqft
    Source: CRMLS #EV24111608 Report a problem
    10/13/2024Price change$364,900-2.7%$276/sqft
    Source: CRMLS #EV24111608 Report a problem
    9/27/2024Price change$374,900-3.6%$283/sqft
    Source: CRMLS #EV24111608 Report a problem
    6/3/2024Listed for sale$389,000$294/sqft
    Source: CRMLS #EV24111608 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,768 +7.2%$140,390 +2%
    2024$1,650 +1.1%$137,637 +2%
    2023$1,632 +2.4%$134,939 +2%
    2022$1,594 -1.7%$132,293 +2%
    2021$1,622 +2.7%$129,699 +1%
    2020$1,578 +2.7%$128,369 +2%
    2019$1,537 -76.4%$125,852 +2%
    2018$6,501 +391.6%$123,385 +2%
    2017$1,322 $120,966 +2%
    2016$1,322 +2%$118,594 +1.5%
    2015$1,297 +0.6%$116,812 +2%
    2014$1,289 $114,524 +0.5%
    2013-- $114,006 +26.7%
    2012-- $90,011 +2%
    2011-- $88,246
    Find assessor info on the county website

    Neighborhood: 92339

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fallsvale
    • Middle: Moore
    • High: Redlands East Valley

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $311,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $311,100

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