NOT LISTED FOR SALE

86511 Wallace Rd Thermal, CA 92274

Thermal Area

Estimated Value: $446,875

2 Beds
1 Bath
750 Sq Ft
$596/Sq Ft Est. Value

Sale Details

Date Sold: March 4, 2022

Last sale price $405,000 $540 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,015 / mo

72 Days on Market

Highlights

  • Horse Property
  • 57,935 Sq Ft lot
  • 1 Fireplace
  • RV Access or Parking
  • Private Lot
  • Agricultural

About This Home

As of March 2022

This is a ranch style property!!!This property is 1.3 Acres of land and a caretaker house, it has over 100 date palm trees already producing fruit, water well, and very close to Coachella Downtown. This property is properly registered. FHA may not be suitable.

Last Agent to Sell the Property

Miguel Briones

HomeSmart License #01705617 Listed on: 11/10/2021

HomeSmart

Last Buyer's Agent

Miguel Briones

HomeSmart License #01705617 Listed on: 11/10/2021

HomeSmart

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 1.33 Acre Lot
  • North Facing Home
  • Chain Link Fence
  • Private Lot
  • Drip System Landscaping
  • Sprinklers on Timer

Interior Spaces

  • 750 Sq Ft Home
  • 1 Fireplace
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 10 Car Parking Spaces
  • 10 Parking Garage Spaces
  • RV Access or Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Septic Tank

Additional Features

  • Horse Property
  • Ground Level
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 763300001

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

1.33 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North
  • Levels: Ground
  • List Price per Sq Ft: 566.67
  • Lp Sp Ratio: 0.9500
  • Year Built: 1963
  • Listing I D: 219070174
  • Listing Member Address: 431 S. Palm Canyon Drive, Suite 100 Floor 1, Palm Springs, CA 92262
  • Listing Office Address: 431 S. Palm Canyon Drive, Suite 100 Floor 1, Palm Springs, CA 92262
  • Listing Office Fax: (760) 844-7550
  • Selling Member Address: 431 S. Palm Canyon Drive, Suite 100 Floor 1, Palm Springs, CA 92262
  • Selling Office Address: 431 S. Palm Canyon Drive, Suite 100 Floor 1, Palm Springs, CA 92262
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Estimated Sq Ft: 750.00

Exterior Features

  • Fencing: Chain Link
  • Planned Unit Development: No

Garage/Parking

  • Total Parking Spaces: 10.00
  • Total Uncovered Assigned Spaces: 10.00

Utilities

  • Cooling Type: Wall/Window Unit(s)
  • Sewer: Septic Tank

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 763300001
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Description: Agricultural, Private, Horse Property
  • Lot Size: 57935.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Feb 4, 2022
Sold by
Ivett Barragan Susana
Bought by
Seller's Agent
Miguel Briones
HomeSmart
Buyer's Agent
Miguel Briones
HomeSmart
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%
Current Estimated Value
$446,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,875
Avg. Annual Appreciation
2.18%
Original Mortgage
$324,000
Outstanding Balance
$295,077
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$151,798

Purchase Details

Listed on
Nov 10, 2021
Closed on
Feb 3, 2022
Sold by
Rivera Cardenas Delfino
Bought by
Polanco Victor H
Seller's Agent
Miguel Briones
HomeSmart
Buyer's Agent
Miguel Briones
HomeSmart
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Outstanding Balance
$295,077
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$151,798

Purchase Details

Closed on
Apr 8, 2015
Sold by
Martinez Juan T
Bought by
Rivera Delfino
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Thermal, CA

  • Carlos Ortega Real Estate Agent - C 21 Coachella Valley RE

    Carlos Ortega

    C 21 Coachella Valley RE

    (760) 387-8512

    118 Total Sales

    2 in Thermal

    $21,000 Price Range

    Carlos Ortega
     Section Image
  • Wilder Perez Real Estate Agent - Equity Smart Real Estate Servi

    Wilder Perez

    Equity Smart Real Estate Servi

    (760) 919-4082

    29 Total Sales

    4 in Thermal

    $20,000 Price Range

    Wilder Perez
     Section Image
  • Gary Williams Real Estate Agent - Shaffer Realty and Mortgage

    Gary Williams

    Shaffer Realty and Mortgage

    (442) 256-9339

    46 Total Sales

    1 in Thermal

    $1,125,000 Price

    Gary Williams
     Section Image
  • Sharon Vasvani Real Estate Agent - Sharon Vasvani, Broker

    Sharon Vasvani

    Responds Quickly

    Sharon Vasvani, Broker

    (858) 946-4310

    10 Total Sales

    1 in Thermal

    $4,600,000 Price

    Sharon Vasvani
     Section Image
  • Kimberley Kelly Real Estate Agent - Desert Sands Realty

    Kimberley Kelly

    Desert Sands Realty

    (760) 501-2685

    23 Total Sales

    1 in Thermal

    $1,650,000 Price

    Kimberley Kelly
     Section Image
  • Diane Eisendrath Real Estate Agent - Premiere Real Estate

    Diane Eisendrath

    Premiere Real Estate

    (858) 367-5727

    39 Total Sales

    1 in Thermal

    $850,000 Price

    Diane Eisendrath
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Polanco Victor H $405,000 None Listed On Document
Rivera Delfino $81,000 Ticor Title Company
Rivera Delfino -- Ticor Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $97,603
Open Polanco Victor H $324,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/04/2022 03/04/22 Sold $405,000 -4.7% $540 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
12/07/2021 12/07/21 For Sale $425,000 0.0% $567 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $425,000 -- $567 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,915 $438,382 $81,181 $357,201
2025 $5,768 $429,788 $79,590 $350,198
2023 $5,768 $413,100 $76,500 $336,600
2022 $1,598 $91,729 $90,599 $1,130
2021 $1,551 $89,931 $88,823 $1,108
2020 $1,310 $89,010 $87,913 $1,097
2019 $1,506 $87,266 $86,190 $1,076
2018 $1,477 $85,555 $84,500 $1,055
2017 $1,267 $83,879 $82,844 $1,035
2016 $1,219 $82,235 $81,220 $1,015
2015 $298 $10,340 $2,271 $8,069
2014 $297 $10,140 $2,228 $7,912
Source: Public Records

Agents Affiliated with this Home

  • Miguel Briones Real Estate Agent - HomeSmart

    Seller's Agent in 2022

    Miguel Briones

    HomeSmart

    (760) 969-8401

    80 Total Sales

    Miguel Briones
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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219070174

Greater Palm Springs Multiple Listing Service

APN: 763-300-001

California Riverside County Thermal 92274

86511 Wallace Rd, Thermal, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Palm Springs Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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