12662 Thomas Court, Grand Terrace, California 92313, Grand Terrace, 92313 - 3 bed, 2 bath
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12662 Thomas Court
Grand Terrace, California 92313
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,000Sq Ft
14,075Lot Size
Property Price
LIST PRICE$575,000
EST. MARKET VALUE
$531,768
8% AboveMARKET VALUE
SUMMARY
This Single Family Residence is a Strong Value Opportunity, listed at $575,000—positioned well below the $531,769 Fair Market Value by -8%. Featuring a 2024 roof, fresh paint, and new carpet, the home maintains a Condition Rating of 4, though the interior remains dated. The expansive 14,075-square-foot lot with mature fruit trees provides significant land value. Ideally located for commuters near major freeways, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, well-maintained asset with modernization potential.
Estimated Market Value
$531,768
Based on Realkey algorithm analyzing recent comparable sales in Grand Terrace.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12662 Thomas Court Subject | $575,000* List Price | 3 | 2 | 1,000 | $532 | - |
A 22196 Emerald Street Sold | $550,000 | 3 | 2 | 1,130 | $487 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1985 (39 years old) and while it features a new 2024 roof, fresh paint, and new carpet, the interior remains dated. The bathroom shows original 1980s oak cabinetry and fixtures, and the kitchen likely requires similar modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
The property features significant recent upgrades including a new composition shingle roof installed in 2024, fresh interior and exterior paint, and new carpeting, ensuring a move-in-ready experience.
- Expansive Lot and Landscaping
Boasting an impressive 14,075-square-foot lot, the property offers substantial outdoor space complemented by mature, fruit-bearing trees including avocado, fig, and guava.
- Strategic Commuter Location
Ideally situated in Grand Terrace with immediate access to the 60, 91, 215, and 10 freeways, providing excellent connectivity to regional employment hubs and amenities.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
At only 1,000 square feet for a three-bedroom residence, the interior living spaces and bedrooms may feel undersized or cramped for modern family needs.
- Obstructed Views
Although the property lists mountain views, they are characterized as 'peek-a-boo,' indicating that the visual appeal is likely limited or partially blocked by surrounding structures.
About 12662 Thomas Court
### Welcome to Grand Terrace! Welcome to this beautifully maintained home in the desirable City of Grand Terrace, ideally situated with convenient access to the 60, 91, 215, and 10 freeways. Enjoy easy access to nearby hospitals, schools, shopping, dining, and major airports. Pride of ownership is evident throughout this inviting property. Recent improvements include **fresh interior and exterior paint, new carpet, and a composition shingle roof replaced in 2024**, providing peace of mind for the new owner. Set on an impressive **13,000+ square-foot lot**, the property offers plenty of space and features a wonderful selection of mature, fruit-bearing trees, including **guava, avocado, fig, and orange**. This is a wonderful opportunity to own a well-cared-for home in a convenient Grand Terrace location. **Don't miss your chance to see it!** Watch for upcoming open house dates or contact your real estate professional today to schedule a private showing.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 14,075 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,000 | 1,732.75 |
| Lot Size | 14,075 | 8,888.15 |
| Price | $575.0K | $619.7K |
| Price per sq ft | $575 | $337 |
| Built year | 1985 | 1979 |
| HOA | $0 | $266 |
| Days on market | 5 | 53 |
Pricing History
Listed for Sale
Sep 4, 2026
$575,000
Initial Listing