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CondominiumResidential
$373,687$367 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $285,000 on Sep 30, 2019

40323 VALLEY OF THE FALLS DR

FOREST FALLS, CA 92339
2
Beds
2
Baths
1,017 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.37 ac
Lot SizeThe size of the land the home sits on, from county records.
1917
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$374K
$341K low$406K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$285,000 · Sep 30, 2019
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$0
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$0
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.83%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$279,350
MOUNTAIN WEST FINANCIAL INC · recorded Dec 14, 2020
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$117,000
ARROWHEAD CENTRAL CU

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,694 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$317,924 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$94,820
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$223,104

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.98 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.34%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountySAN BERNARDINO
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1945
Lot (acres)The size of the land the home sits on, from county records.0.36
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Wood Shingle
HeatingThe type of heating system in the home.Floor/Wall Furnace
CoolingThe type of cooling or air conditioning in the home.None
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(9)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Fallsvale SchoolA-
Elementary · Grades KG–8 · 0.3 mi
H
Redlands East Valley High SchoolA
High · Grades 9–12 · 11.8 mi

District: Bear Valley Unified School District

Neighborhood · ZIP 92339These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.183
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.95
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.456

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.63%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.26%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.254
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.8 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$81,531
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$92,591
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.34 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.68%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40323 Valley Of The Falls Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 81% of homes in San Bernardino County
  • Costs more per square foot than 78% of homes in Forest Falls 92339
  • Smaller than 87% of homes in San Bernardino County
  • Has a bigger lot than 84% of homes in Forest Falls 92339
  • Among the oldest homes in Forest Falls 92339

What homes are worth in Forest Falls 92339

Each bar is how many homes fall in that price range. The marker is this home.

This home
$163K$699K

This home is worth more than 65% of homes in Forest Falls 92339.

How it measures up in Forest Falls 92339

The dot is this home. The mark in the middle is the typical home in Forest Falls 92339.

Estimated value$373,687
CheaperTypical $329,739Pricier

Pricier than 65% of homes nearby

Price per ft²$367
CheaperTypical $292Pricier

Pricier than 78% of homes nearby

Living area1,017 ft²
SmallerTypical 1,082 ft²Bigger

Bigger than 45% of homes nearby

Lot size0.37 ac
SmallerTypical 0.18 acBigger

Bigger than 84% of homes nearby

Year built1917
OlderTypical 1941Newer

Older than almost all homes nearby

How 40323 Valley Of The Falls Dr ranks against every home in each area.
MeasureThis homeForest Falls 92339San Bernardino County
Estimated valuepricier than$373,68765% of homes19% of homes
Price per ft²pricier than$36778% of homes64% of homes
Living areabigger than1,017 ft²45% of homes13% of homes
Lot sizebigger than0.37 ac84% of homes76% of homes
Year builtnewer than1917almost no homesalmost no homes

About 40323 Valley Of The Falls Dr

How much is 40323 Valley Of The Falls Dr, Forest Falls, CA worth?

The TopHap Estimate for 40323 Valley Of The Falls Dr, Forest Falls, CA is $373,687 as of Jul 14, 2026. The likely range is $340,916 to $406,458. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40323 Valley Of The Falls Dr, Forest Falls, CA last sell?

40323 Valley Of The Falls Dr, Forest Falls, CA last sold on Sep 30, 2019 for $285,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 40323 Valley Of The Falls Dr, Forest Falls, CA?

40323 Valley Of The Falls Dr, Forest Falls, CA has 2 bedrooms, 2 bathrooms, 1,017 square feet of living space and a 0.36-acre lot.

When was 40323 Valley Of The Falls Dr, Forest Falls, CA built?

40323 Valley Of The Falls Dr, Forest Falls, CA was built in 1917, making it 109 years old. The building has 1 story.

What schools serve 40323 Valley Of The Falls Dr, Forest Falls, CA?

40323 Valley Of The Falls Dr, Forest Falls, CA is assigned to Fallsvale School (elementary), rated A-; Redlands East Valley High School (high), rated A. All sit in Bear Valley Unified School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40323 Valley Of The Falls Dr, Forest Falls, CA compare to other homes in Forest Falls 92339?

Among the 711 homes in Forest Falls 92339, it is worth more than 65% of them ($373,687 against a typical $329,739), its price per square foot is higher than 78% of them ($367 against a typical $292), it is bigger than 45% of them (1,017 ft² against a typical 1,082 ft²), its lot is bigger than 84% of them (0.37 ac against a typical 0.18 ac) and it is newer than almost none of them (1917 against a typical 1941). Measured against all of San Bernardino County, it is worth more than 19% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40323 Valley Of The Falls Dr, Forest Falls, CA?

The 2025 property tax bill for 40323 Valley Of The Falls Dr, Forest Falls, CA was $3,694. The county assessed it at $317,924.

Closest homes

More homes in Forest Falls 92339

Assigned schools

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