Estimated Value: $723,331 - $1,025,000
4
Beds
3
Baths
2,779
Sq Ft
$314/Sq Ft
Est. Value
About This Home
This home is located at 40485 Newport Rd, Hemet, CA 92544 and is currently estimated at $873,083, approximately $314 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
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
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Home Values in the Area
Average Home Value in this Area
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
| 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
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