NOT LISTED FOR SALE

86648 Rogers Way Thermal, CA 92274

Estimated Value: $1,178,606 - $1,551,000

0.17 Acre
$7,991,382 Price per Acre
7,405 Sq Ft Lot

Last Sold January 25, 2024

Last sale price $1,150,000

Est. 18% increase in value since last sale

Current estimated payment $8,605/month

326 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • Rectangular Lot

About This Lot

As of January 2024

Lot #6 - Premium lot location on the track. Located in The Thermal Club - the ultimate private Motorsports facility with access to 5.1 miles of private pavement and luxury amenities for members including two clubhouses, three restaurants, meeting and banquet building, pool, full-service spa, fitness center, a highly appointed 48-villa hotel, tennis, pickleball, kids club, karting, racing, driver training, storage and repair facilities. Recently built highly appointed hotel is located within the club to house your guests. Purchasing a Villa/Lot at The Thermal Club requires purchasing a membership. Standard family membership has a one-time initiation fee of $200,000 plus membership dues of $2,400/month and a small $350/month ground maintenance fee per lot per month. Build Date: 9/24/26

Last Agent to Sell the Property

Susan Harvey

Desert Pacific Properties License #00957590 Listed on: 02/23/2023

Last Buyer's Agent

Susan Harvey

Desert Pacific Properties License #00957590

Property Details

Property Type

  • Land

Lot Details

  • 7,405 Sq Ft Lot
  • Rectangular Lot

Property Views

  • Mountain
  • Desert

Listing and Financial Details

  • Assessor Parcel Number 759200006

Community Details

Overview

  • Property has a Home Owners Association
  • Thermal Subdivision

Security

  • Gated Community

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: D
  • Lp Sp Ratio: 0.8700
  • View Type: Desert, Mountain(s)
  • Internal Listing I D: 20230223204836829051000000
  • Listing I D: 219091310
  • Listing Office Address: 78100 main St. #206, La Quinta, CA 92253
  • Listing Office Fax: (760) 360-7580
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 78100 main St. #206, La Quinta, CA 92253
  • Selling Office Fax: (760) 360-7580
  • Land Type: Fee
  • Subdivision: Thermal
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Sewer: On Site
  • Water: In Street
  • Utilities: Electricity Available, Water Available, Sewer Available, Natural Gas Available, In Street

Association/Amenities

  • Gated Community: Yes

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 2400.00

Lot Info

  • Present Use: Vacant
  • Assessor Parcel Number: 759200006
  • Lot Acres: 0.1700
  • Lot Size: 7405.00
  • Lot Features: Rectangular Lot, Single Lot, Raw Land

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Jan 24, 2024
Sold by
Maasberg Trust
Bought by
Thermal Club
Seller's Agent
Susan Harvey
Desert Pacific Properties
Buyer's Agent
Susan Harvey
Desert Pacific Properties
List Price
$1,850,000
Sold Price
$1,150,000
Premium/Discount to List
-$700,000
-37.84%
Views
34
Current Estimated Value
$1,358,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,535
Avg. Annual Appreciation
8.69%

Purchase Details

Closed on
Jun 11, 2021
Sold by
Thermal Operating Company Llc
Bought by
Maasberg Wolfgang and Maasberg Kristine

Purchase Details

Closed on
Mar 19, 2021
Sold by
Jenkins David A and Jenkins Jennifer M
Bought by
Thermal Operating Company Llc

Purchase Details

Closed on
Nov 5, 2014
Sold by
Thermal Operating Company Llc
Bought by
The Jenkins Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.16%
Mortgage Type
Seller Take Back
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thermal Club $1,150,000 None Listed On Document
Maasberg Wolfgang $1,400,000 First American Title Co Ncs
Thermal Operating Company Llc $725,000 First American Title Ins Co
The Jenkins Trust $300,000 Chicago Title
Thermal Operating Company Llc $25,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Jenkins Trust $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2024 01/25/24 Sold $1,150,000 -12.5% --
01/15/2024 01/15/24 Pending -- -- --
01/11/2024 01/11/24 Price Changed $1,315,000 -9.3% --
11/08/2023 11/08/23 Price Changed $1,450,000 -3.0% --
09/21/2023 09/21/23 Price Changed $1,495,000 -3.5% --
04/18/2023 04/18/23 Price Changed $1,550,000 -16.2% --
02/23/2023 02/23/23 For Sale $1,850,000 -- --
Source: California Desert Association of REALTORS®

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 $18,448 $1,173,000 $1,173,000 --
2023 $18,448 $1,428,000 $1,428,000 --
2022 $17,998 $1,400,000 $1,400,000 $0
2021 $4,306 $333,095 $333,095 $0
2020 $4,258 $329,680 $329,680 $0
2019 $4,187 $323,216 $323,216 $0
2018 $4,107 $316,879 $316,879 $0
2017 $4,111 $310,666 $310,666 $0
2016 $3,939 $304,575 $304,575 $0
2015 $3,760 $300,000 $300,000 $0
2014 $127 $9,894 $9,894 $0
Source: Public Records

Agents Affiliated with this Home

  • Susan Harvey

    Seller's Agent in 2024

    Susan Harvey

    Desert Pacific Properties

    (760) 360-4594

    25 in this area

    134 Total Sales

    Susan Harvey
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219091310

California Desert Association of REALTORS®

APN: 759-200-006

California Riverside County Thermal 92274

86648 Rogers Way, Thermal, CA

Not Listed for Sale

Lots

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