NOT LISTED FOR SALE

40235 Valley of The Falls Dr Forest Falls, CA 92339

Estimated Value: $292,000 - $353,000

1 Bed
1 Bath
970 Sq Ft
$340/Sq Ft Est. Value

Last Sold August 13, 2024

Last sale price $327,000 $337 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,176/month

19 Days on Market

Highlights

  • Fishing
  • Open Floorplan
  • Cathedral Ceiling
  • River View
  • Near a National Forest
  • Main Floor Bedroom

About This Home

As of August 2024

Experience the charm of custom-built living! This stunning 1-bedroom, 1-bath home features an additional 400 sq ft of versatile loft space, along with a second loft above the kitchen. The soaring ceilings and expansive dual-glazed windows create an airy, spacious feel throughout. The open floor plan seamlessly connects the kitchen, living room, office, and lofts, offering a cohesive and inviting atmosphere. The extra loft storage above the kitchen can easily be transformed into a full second level, providing ample room for expansion. If you’re seeking a bright, mountain retreat with growth potential, this is the home for you! With convenient access from Valley Of The Falls Dr and May Rd, there’s plenty of space to build your dream garage. The full bathroom boasts a multi-person jetted jacuzzi tub and a separate shower for ultimate relaxation. A quality Jotul propane stove offers the warmth and ambiance of a wood-burning stove without the hassle, while forced air heating and cooling ensure year-round comfort. Don’t miss this opportunity! Priced below market value, this clean and modern home is ready to meet all your needs. Act quickly—this gem won’t last long!

Last Agent to Sell the Property

Roderick Graham

GILLMORE REAL ESTATE Brokerage Email: rod@forestfalls.com License #02050394 Listed on: 06/09/2024

Last Buyer's Agent

Tony Cannon

Bressi Realty License #01318292

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,614

Year Built

  • Built in 2005

Lot Details

  • 0.32 Acre Lot
  • Property fronts a private road
  • Property fronts a county road
  • Rural Setting
  • Gentle Sloping Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned RM

HOA Fees

  • $145 Monthly HOA Fees

Property Views

  • River
  • Woods
  • Canyon
  • Creek or Stream
  • Mountain
  • Hills
  • Rock

Home Design

  • Entry on the 1st floor
  • Permanent Foundation
  • Block Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Pre-Cast Concrete Construction
  • Concrete Perimeter Foundation
  • Asphalt

Interior Spaces

  • 970 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Partially Furnished
  • Beamed Ceilings
  • Brick Wall or Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Propane Fireplace
  • Double Pane Windows
  • Living Room
  • Family or Dining Combination
  • Home Office
  • Loft
  • Storage

Kitchen

  • Propane Oven
  • Laminate Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Driveway Down Slope From Street
  • Driveway Up Slope From Street
  • Unpaved Parking
  • Paved Parking

Outdoor Features

  • Shed

Schools

  • Fallsvale Elementary School
  • Moore Middle School
  • Redlands East Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Standard Electricity
  • Private Water Source
  • Propane Water Heater
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 109
  • Assessor Parcel Number 0323303550000
  • $422 per year additional tax assessments

Community Details

Overview

  • Big Pine Tract Association, Phone Number (909) 795-4085
  • Titan Management HOA
  • Near a National Forest
  • Mountainous Community
  • Property is near a preserve or public land
  • Valley

Recreation

  • Fishing
  • Hunting
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,614

Year Built

Built in 2005

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: County Road, Private Road
  • Road Surface Type: Privately Maintained
  • Security: Security System, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Zoning: RM
  • Property Condition: Termite Clearance
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0323303550000
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 970.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Brick Walls, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Open Floorplan, Partially Furnished, Storage
  • Stories: 1
  • Entry Location: Main Floor
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Family Room
  • Entry Level: 1
  • Fireplace Features: Propane
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 337.11
  • Room Type: All Bedrooms Down, Laundry, Living Room, Loft, Main Floor Bedroom, Office, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Walk-In Shower
  • Room Kitchen Features: Laminate Counters

Exterior Features

  • Foundation: Block, Concrete Perimeter, Permanent
  • Other Structures: Shed(s)
  • View: Canyon, Creek/Stream, Hills, Mountain(s), River, Rocks, Trees/Woods
  • Fence: No
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Spa: No
  • Construction Materials: Asphalt, Concrete, Drywall Walls, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete, Unpaved, Driveway Down Slope From Street, Driveway Up Slope From Street
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Propane Oven, Propane Water Heater
  • Electric: Standard
  • Heating Type: Central, Forced Air, Propane
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Conventional Septic
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Hiking Trails, Trash, Water
  • Association Fee: 145.00
  • Association Fee Frequency: Monthly
  • Association Name: Big Pine Tract
  • Phone: (909)795-4085
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Blm/National Forest, Fishing, Hiking, Hunting, Mountainous, Preserve/Public Land, Rural, Valley
  • Association Management: Titan Management

Schools

  • School District: Redlands Unified
  • Elementary School: Fallsvale
  • Middle School: Moore
  • High School: Redlands East Valley
  • Elementary School: Fallsvale
  • High School: Redlands East Valley
  • Middle Or Junior School: Moore
  • Elementary School #2: FALLSV
  • High School2: REEAVA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: 0-1 Unit/Acre, Gentle Sloping
  • Lot Size Sq Ft: 13800.00
  • Lot Size Acres: 0.3168
  • Latitude Manual: 34.08651100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13800.0000 Square Feet
  • Number Of Units In Community: 135
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 115.00
  • Tax Lot: 109
  • Tax Tract Number: BPT
  • TaxOtherAnnualAssessmentAmount: 422.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2024
Closed on
Jul 24, 2024
Sold by
Carrillo Mario M
Bought by
Moon Keumran Clair
Seller's Agent
Roderick Graham
GILLMORE REAL ESTATE
Buyer's Agent
Tony Cannon
Bressi Realty
List Price
$328,500
Sold Price
$327,000
Premium/Discount to List
-$1,500
-0.46%
Views
3
Current Estimated Value
$329,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,905
Avg. Annual Appreciation
0.74%
Original Mortgage
$261,600
Outstanding Balance
$257,923
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$71,982

Purchase Details

Listed on
Mar 7, 2024
Closed on
Mar 28, 2024
Sold by
Sanders Robert D and Sanders Gloria C
Bought by
Carrillo Mario M
Seller's Agent
Deborah Welch
GILLMORE REAL ESTATE
Buyer's Agent
Roderick Graham
GILLMORE REAL ESTATE
List Price
$290,000
Sold Price
$289,000
Premium/Discount to List
-$1,000
-0.34%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.11%
Original Mortgage
$231,200
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2003
Sold by
Big Pine Tract Improvement & Water Assn
Bought by
Barzeele James R and Barzeele Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 20, 2003
Sold by
Doemland Mark E
Bought by
Sanders Robert D and Sanders Gloria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 20, 2003
Sold by
Barzole James R
Bought by
Big Pine Tract Improvement & Water Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 17, 2003
Sold by
Barzeele James R
Bought by
Doemland Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.61%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moon Keumran Clair $327,000 Lawyers Title
Carrillo Mario M $289,000 Lawyers Title
Barzeele James R -- Commerce Title Company
Sanders Robert D $64,000 Commerce Title Company
Big Pine Tract Improvement & Water Assn -- Commerce Title Company
Doemland Mark E -- Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moon Keumran Clair $261,600
Previous Owner Carrillo Mario M $231,200
Previous Owner Sanders Robert D $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2024 08/13/24 Sold $327,000 -0.5% $337 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/09/2024 06/09/24 For Sale $328,500 +13.7% $339 / Sq Ft
04/19/2024 04/19/24 Sold $289,000 -0.3% $298 / Sq Ft View Prior Sale
03/16/2024 03/16/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $290,000 -- $299 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,614 $327,000 $81,750 $245,250
2024 $3,614 $322,057 $28,399 $293,658
2023 $3,579 $315,742 $27,842 $287,900
2022 $3,496 $309,551 $27,296 $282,255
2021 $3,034 $255,800 $76,700 $179,100
2020 $2,981 $255,800 $76,700 $179,100
2019 $2,873 $248,400 $74,500 $173,900
2018 $2,673 $248,400 $74,500 $173,900
2017 $2,520 $231,100 $69,300 $161,800
2016 $2,356 $216,000 $64,800 $151,200
2015 $2,196 $200,000 $60,000 $140,000
2014 $2,090 $190,000 $55,000 $135,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV24117420

California Regional Multiple Listing Service (CRMLS)

APN: 0323-303-55