1503 Nile Drive, Thermal, California 92274, Thermal, 92274 - 4 bed, 2 bath
1503 Nile Drive
Thermal, California 92274
Property Price
SUMMARY
Analysis of 1503 Nile Drive, Thermal, California 92274 reveals a Fairly Priced Property with a current list price of $340,000 aligned with the estimated $341,592 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Thermal Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1503 Nile Drive Subject | $340,000* List Price | 4 | 2 | 1,599 | $214 | - |
A 1551 Biddeford Avenue Sold | $305,000 | 3 | 2 | 1,250 | $244 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2007, this property falls within the 10-20 year age range for a 'good' condition rating. The home is move-in ready, benefiting from recent cosmetic updates including fresh interior paint and brand-new carpeting throughout. While the kitchen and bathrooms appear to retain their original 2007 cabinetry and fixtures, they are well-maintained and functional. The overall quality suggests minimal wear and tear with major systems still within their expected lifespans.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13001, living area = 1599.
- Expansive Lot and Utility
The oversized 13,001 sqft lot provides exceptional space for off-road vehicle storage, trailers, and outdoor activities, making it a rare find for enthusiasts and those needing extra storage.
- Move-In Ready Condition
With brand-new carpet and fresh interior paint throughout, the home offers a clean, updated aesthetic that allows for immediate occupancy without the need for initial renovations.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13001, other record lot size in square feet = 11939.
- Remote Location
Situated in the Salton Sea area of Thermal, the property is a considerable distance from major shopping centers, dining, and employment hubs in the central Coachella Valley.
- Niche Market Appeal
The specific location and desert environment may result in a more limited pool of buyers and potentially slower long-term appreciation compared to more developed residential areas.
About 1503 Nile Drive
Welcome to this great opportunity at 1503 Nile Drive in Thermal, CA. This 4-bedroom, 2-bathroom home sits on a huge lot, offering plenty of space for outdoor activities, storage, and future possibilities.The home features fresh interior paint and brand-new carpet, creating a clean and comfortable living space ready for its next owner. The spacious lot includes additional storage in the backyard, perfect for tools, recreational gear, or extra equipment.Conveniently located near the main highway, this property provides easy access while still offering plenty of room to spread out. The large lot makes it a great option for off-road enthusiasts looking for space to store toys, trailers, or vehicles.An added bonus: the lot next door may also be available with the right offer, presenting a unique opportunity for additional space or future expansion.Ideal for first-time home buyers, investors, or off-road enthusiasts looking for space, convenience, and value.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2007
- Lot Size
- 13,001 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,599 | 1,500 | 69% |
| Lot Size | 13,001 | 10,221 | 77% |
| Price | $340.0K | $310.0K | 63% |
| Price per sq ft | $213 | $207 | 57% |
| Built year | 2007 | 2006 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 176 | 3% |
Pricing History
Listed for Sale
Mar 5, 2026
$340,000
Initial Listing
Sold
May 31, 2007
$215,000
Public Record
Sold
Apr 28, 2006
$22,500
Public Record
Sold
Oct 17, 2005
$20,000
Public Record