NOT LISTED FOR SALE

12420 Falcon Ln Moreno Valley, CA 92555

Cloverdale Neighborhood

Estimated Value: $528,431 - $594,000

3 Beds
2 Baths
1,465 Sq Ft
$378/Sq Ft Est. Value

Last Sold July 11, 2012

Last sale price $141,000 $96 Per Sq Ft

Est. 292% increase in value since last sale

Current estimated payment $3,267/month

57 Days on Market

Highlights

  • No HOA
  • Living Room
  • Central Heating and Cooling System
  • 2 Car Attached Garage

About This Home

As of July 2012

Single story North Moreno Valley home on large lot! Located near shopping, dining, schools, parks and freeway. Great investment property. 3 spacious bedrooms and 2 baths. Fireplace in family room. Roomy kitchen area and living room. Needs repairs. Septic did not pass certification. Detached garage may not be permitted. Buyer to verify all sq ftg and permits. May not qualify for financing.

Last Agent to Sell the Property

Sheri Drake

ELITE GROUP REALTY License #01069017 Listed on: 04/17/2012

Last Buyer's Agent

Derek Oie

KW VISION License #01089705

KW VISION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,118

Year Built

  • Built in 1984

Lot Details

  • 0.51 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Fixer Upper

Interior Spaces

  • 1,465 Sq Ft Home
  • Family Room with Fireplace
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 52
  • Tax Tract Number 12681
  • Assessor Parcel Number 487183004

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,118

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 487183004
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1465.00
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 96.25
  • Room Type: Family Room, Living Room, Master Bedroom

Exterior Features

  • Patio: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Conventional Septic
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 22216.00
  • Lot Size Acres: 0.5100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22216.0000 Square Feet

Tax Info

  • Tax Lot: 52
  • Tax Tract Number: 12681

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2013
Sold by
The California Lp
Bought by
2013 1 Ih Borrower Lp
Current Estimated Value
$553,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,137,000
Outstanding Balance
$354,605,463
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$354,052,355

Purchase Details

Closed on
May 18, 2011
Sold by
Onewest Bank Fsb
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
May 9, 2011
Sold by
Guevara Christina
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Aug 15, 2006
Sold by
Lopez Jose
Bought by
Guevara Cristina

Purchase Details

Closed on
Jul 23, 2006
Sold by
Guevara Cristina
Bought by
Hernandez Jose Lopez and Guevara Cristina

Purchase Details

Closed on
Feb 18, 2005
Sold by
Lopez Jose
Bought by
Guevara Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2005
Sold by
Romero Ricardo and Romero Carmen
Bought by
Guevara Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 1999
Sold by
Romero Ricardo
Bought by
Romero Ricardo and Romero Carmen

Purchase Details

Closed on
Jan 22, 1998
Sold by
Romero Carmen
Bought by
Romero Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,575
Interest Rate
6.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
2013 1 Ih Borrower Lp -- None Available
Federal Home Loan Mortgage Corp -- None Available
Onewest Bank Fsb $121,201 None Available
Guevara Cristina -- Ticor Title Company Of Ca
Hernandez Jose Lopez -- Accommodation
Guevara Cristina -- Chicago Title Co
Guevara Cristina $370,000 Chicago Title Co
Romero Ricardo -- --
Romero Ricardo -- Gateway Title Company
Romero Ricardo $105,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2013 1 Ih Borrower Lp $479,137,000
Previous Owner Guevara Cristina $296,000
Previous Owner Romero Ricardo $104,575
Closed Guevara Cristina $74,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2012 07/11/12 Sold $141,000 -9.6% $96 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
05/24/2012 05/24/12 Price Changed $155,900 -5.5% $106 / Sq Ft
04/17/2012 04/17/12 For Sale $165,000 -- $113 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,118 $364,417 $81,238 $283,179
2023 $4,118 $350,269 $78,085 $272,184
2022 $3,959 $343,402 $76,554 $266,848
2021 $3,884 $336,669 $75,053 $261,616
2020 $3,842 $333,218 $74,284 $258,934
2019 $3,778 $326,685 $72,828 $253,857
2018 $3,703 $320,280 $71,400 $248,880
2017 $2,074 $175,065 $48,805 $126,260
2016 $2,053 $171,634 $47,849 $123,785
2015 $2,024 $169,058 $47,131 $121,927
2014 $1,886 $210,000 $40,000 $170,000
Source: Public Records

Agents Affiliated with this Home

  • Sheri Drake

    Seller's Agent in 2012

    Sheri Drake

    ELITE GROUP REALTY

    (951) 354-1650

    11 Total Sales

    Sheri Drake
    Section Image
  • Derek Oie

    Buyer's Agent in 2012

    Derek Oie

    KW VISION

    (909) 325-4500

    602 Total Sales

    Derek Oie
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12049332

California Regional Multiple Listing Service (CRMLS)

APN: 487-183-004

California Riverside County Moreno Valley 92555 Cloverdale

12420 Falcon Ln, Moreno Valley, CA

This home is located at 12420 Falcon Ln, Moreno Valley, CA 92555 since 17 April 2012 and is currently estimated at $553,108, approximately $377 per square foot. This property was built in 1984. 12420 Falcon Ln is a home located in Riverside County with nearby schools including Cloverdale Elementary School, Palm Middle School, and Valley View High School.

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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