NOT LISTED FOR SALE

86826 Newton Way Thermal, CA 92274

Estimated Value: $5,531,000 - $7,449,596

7 Beds
10 Baths
6,913 Sq Ft
$970/Sq Ft Est. Value

About This Home

This home is located at 86826 Newton Way, Thermal, CA 92274 and is currently estimated at $6,706,865, approximately $970 per square foot. 86826 Newton Way is a home with nearby schools including John Kelley Elementary School, Toro Canyon Middle School, and Desert Mirage High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2023
Sold by
Grand Property Group Llc
Bought by
Grand Property Group Re Llc
Current Estimated Value
$6,706,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2020
Sold by
Kavanaugh Frank P and Kavanaugh Susan M
Bought by
Grand Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,663
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 6, 2014
Sold by
Thermal Operating Company Llc
Bought by
Kavanaugh Frank P and Kavanaugh Susan M
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
Grand Property Group Re Llc -- First American Title
Grand Property Group Llc $637,000 Ticor Title Company Of Ca
Kavanaugh Frank P $470,000 Chicago Title
Thermal Operating Company Llc $25,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grand Property Group Re Llc $600,000
Open Grand Property Group Re Llc $2,000,000
Previous Owner Grand Property Group Re Llc $1,700,000
Previous Owner Grand Property Group Llc $636,663
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 $75,057 $5,184,281 $696,281 $4,488,000
2023 $75,057 $3,469,545 $669,245 $2,800,300
2022 $25,513 $1,958,723 $656,123 $1,302,600
2021 $9,321 $699,058 $643,258 $55,800
2020 $6,954 $516,499 $516,499 $0
2019 $6,547 $506,372 $506,372 $0
2018 $6,422 $496,444 $496,444 $0
2017 $6,428 $486,710 $486,710 $0
2016 $6,159 $477,167 $477,167 $0
2015 $5,890 $470,000 $470,000 $0
2014 $127 $9,894 $9,894 $0
Source: Public Records

Map

California Riverside County Thermal 92274

86826 Newton Way, Thermal, CA

This home is located at 86826 Newton Way, Thermal, CA 92274 and is currently estimated at $6,706,865, approximately $970 per square foot. 86826 Newton Way is a home with nearby schools including John Kelley Elementary School, Toro Canyon Middle School, and Desert Mirage High School.

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