NOT LISTED FOR SALE

40385 Newport Rd Hemet, CA 92544

Estimated Value: $477,338 - $586,000

3 Beds
2 Baths
1,385 Sq Ft
$370/Sq Ft Est. Value

About This Home

This home is located at 40385 Newport Rd, Hemet, CA 92544 and is currently estimated at $512,085, approximately $369 per square foot. 40385 Newport Rd is a home located in Riverside County with nearby schools including McSweeny Elementary School, Diamond Valley Middle School, and West Valley High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2016
Sold by
Wallace Jo Lynn
Bought by
Wallace Jo Lynn and The Jo Lynn Wallace Trust
Current Estimated Value
$512,085

Purchase Details

Closed on
Nov 2, 2007
Sold by
Wallace Terrence W and Wallace Jolynn
Bought by
Wallace Terrence W and Wallace Jo Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,500
Interest Rate
6.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Wallace Jo Lynn -- None Available
Wallace Terrence W -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wallace Terrence W $135,500
Source: Public Records

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 $1,994 $176,049 $62,126 $113,923
2023 $1,994 $169,214 $59,714 $109,500
2022 $1,930 $165,897 $58,544 $107,353
2021 $1,899 $162,646 $57,397 $105,249
2020 $1,872 $160,979 $56,809 $104,170
2019 $1,832 $157,824 $55,696 $102,128
2018 $1,775 $154,730 $54,604 $100,126
2017 $1,754 $151,697 $53,534 $98,163
2016 $1,741 $148,724 $52,485 $96,239
2015 $1,736 $146,493 $51,698 $94,795
2014 $1,658 $143,626 $50,687 $92,939
Source: Public Records

Map

California Riverside County Hemet 92544

40385 Newport Rd, Hemet, CA

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