NOT LISTED FOR SALE

40485 Newport Rd Hemet, CA 92544

Estimated Value: $738,480 - $1,027,000

4 Beds
3 Baths
2,779 Sq Ft
$317/Sq Ft Est. Value

About This Home

This home is located at 40485 Newport Rd, Hemet, CA 92544 and is currently estimated at $882,120, approximately $317 per square foot. 40485 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
Mar 1, 1994
Sold by
The First National Bank Of Chicago
Bought by
Wallace Terrence W and Wallace Jo Lynn
Current Estimated Value
$882,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 1993
Sold by
Gmac Mtg Service Company Of California
Bought by
The First National Bank Of Chicago
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 Terrence W $205,000 United Title Co
The First National Bank Of Chicago $169,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wallace Terrence W $184,500
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 $3,812 $339,901 $124,058 $215,843
2023 $3,812 $326,704 $119,242 $207,462
2022 $3,688 $320,299 $116,904 $203,395
2021 $3,627 $314,019 $114,612 $199,407
2020 $3,576 $310,800 $113,437 $197,363
2019 $3,498 $304,701 $111,210 $193,491
2018 $3,390 $298,728 $109,031 $189,697
2017 $3,348 $292,872 $106,894 $185,978
2016 $3,323 $287,131 $104,799 $182,332
2015 $3,312 $282,821 $103,226 $179,595
2014 $3,163 $277,283 $101,205 $176,078
Source: Public Records

Map

California Riverside County Hemet 92544

40485 Newport Rd, Hemet, CA

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