NOT LISTED FOR SALE

Estimated Value: $516,000 - $645,000

2 Beds
2 Baths
408 Sq Ft
$1,498/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $626,000 $1,534 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,799/month

89 Days on Market

Highlights

  • 0.96 Acre Lot
  • No Heating
  • 1-Story Property
  • Horse Trails

About This Home

As of February 2023

Property is approved for extra additions as well as adding garages. R-15 one permit to build up to 12 units. Zoning Multi-Family Dwellings ( Generic, and comb 2+). 2 units 1 bed 1 bath each and great spacious lot. Excellent location in fast growing area of Moreno Valley conveniently located to shopping center mall, Town Gate center ( Costco, Sam's Club, Target and Dining restaurants), 215 & 60 FWY, schools, gyms and medical facilities. Great opportunity for investors/developers. Buyer to do diligence verify with the city. Motivated Seller

Last Agent to Sell the Property

Rodrigo Chavez

EMPIRE REALTY GROUP License #01356114 Listed on: 10/11/2022

Last Buyer's Agent

Alfredo Gonzalez

LoanRate License #01205323

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 0.96 Acre Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • No Heating
  • Conventional Septic

Additional Features

  • 1-Story Property
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 291130022
  • $988 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Horse Trails

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0.96 Acres

Listing Details

  • Property Attached: Yes
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 291130022
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One

Exterior Features

  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Horse Trails, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 41818.00
  • Lot Size Acres: 0.9600

Multi Family

  • Lot Size Area: 41818.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 425.05
  • Tax Lot: 1
  • TaxOtherAnnualAssessmentAmount: 988.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Jan 30, 2023
Sold by
Nizami Thomas Anthony
Bought by
Armenta Sergio and Armenta Marina Y
Seller's Agent
Rodrigo Chavez
EMPIRE REALTY GROUP
Buyer's Agent
Alfredo Gonzalez
LoanRate
List Price
$679,000
Sold Price
$626,000
Premium/Discount to List
-$53,000
-7.81%
Views
174
Current Estimated Value
$611,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,739
Avg. Annual Appreciation
-0.79%
Original Mortgage
$500,000
Outstanding Balance
$483,209
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$128,052

Purchase Details

Closed on
Jan 6, 2021
Sold by
Center Street Lending V Spe Llc
Bought by
Nizami Thomas Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,990
Interest Rate
2.67%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2020
Sold by
Carmona Alejandro
Bought by
Center Street Lending V Spe Llc

Purchase Details

Listed on
Sep 19, 2016
Closed on
Nov 8, 2017
Sold by
Carmona Bertha
Bought by
Carmona Alejandro
Seller's Agent
Marcial Rivas
Tierra Bella Realty R-M
Buyer's Agent
Alex Carmona
PAK Home Realty
List Price
$388,000
Sold Price
$330,000
Premium/Discount to List
-$58,000
-14.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$316,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 19, 2016
Closed on
Nov 6, 2017
Sold by
Montoya Alma Angelina
Bought by
Carmona Alejandro
Seller's Agent
Marcial Rivas
Tierra Bella Realty R-M
Buyer's Agent
Alex Carmona
PAK Home Realty
List Price
$388,000
Sold Price
$330,000
Premium/Discount to List
-$58,000
-14.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 16, 2015
Closed on
Apr 22, 2016
Sold by
Anjj Llc
Bought by
Montoya Alma Angelina
Seller's Agent
Benjamin Lin
1000 Realty Corporation
Buyer's Agent
Marcial Rivas
Tierra Bella Realty R-M
List Price
$292,000
Sold Price
$280,000
Premium/Discount to List
-$12,000
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%
Original Mortgage
$180,000
Interest Rate
3.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 1, 2013
Sold by
Ta Hao H and Tu Jane B
Bought by
Anjj Llc

Purchase Details

Closed on
Mar 23, 2011
Sold by
Keel Kevin and Keel Steven
Bought by
Ta Hao H and Tu Jane B

Purchase Details

Closed on
Jan 15, 2009
Sold by
Keel Kevin and Keel Steven
Bought by
Keel Kevin and Keel Steven

Purchase Details

Closed on
May 23, 2008
Sold by
Ton De That
Bought by
Keel Aileen J

Purchase Details

Closed on
Jan 19, 2006
Sold by
Keel W L and Keel Aileen J
Bought by
Ton De That

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.28%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Armenta Sergio $626,000 --
Nizami Thomas Anthony $384,000 First American Title Company
Center Street Lending V Spe Llc $349,000 Accommodation
Carmona Alejandro -- Provident Title Company
Carmona Alejandro $330,000 Provident Title Company
Montoya Alma Angelina $280,000 Wfg National Title Co Of Ca
Anjj Llc -- None Available
Ta Hao H $92,500 Fidelity National Title Co
Keel Kevin -- Fidelity National Title Co
Keel Kevin -- None Available
Keel Aileen J $200,000 None Available
Ton De That $340,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armenta Sergio $500,000
Previous Owner Nizami Thomas Anthony $370,990
Previous Owner Carmona Alejandro $316,000
Previous Owner Montoya Alma Angelina $180,000
Previous Owner Ton De That $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2023 02/15/23 Sold $626,000 -7.8% $1,534 / Sq Ft
01/08/2023 01/08/23 Pending -- -- --
10/11/2022 10/11/22 For Sale $679,000 +105.8% $1,664 / Sq Ft
12/07/2017 12/07/17 Sold $330,000 -7.0% $326 / Sq Ft View Prior Sale
09/27/2017 09/27/17 Pending -- -- --
02/17/2017 02/17/17 Price Changed $355,000 -8.5% $351 / Sq Ft
09/19/2016 09/19/16 For Sale $388,000 +38.6% $383 / Sq Ft
05/24/2016 05/24/16 Sold $280,000 -4.1% $277 / Sq Ft View Prior Sale
05/01/2016 05/01/16 Pending -- -- --
03/16/2015 03/16/15 For Sale $292,000 -- $289 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,796 $651,290 $197,676 $453,614
2023 $7,796 $399,305 $124,848 $274,457
2022 $5,434 $391,476 $122,400 $269,076
2021 $4,898 $350,197 $106,120 $244,077
2020 $4,744 $343,332 $104,040 $239,292
2019 $0 $336,600 $102,000 $234,600
2018 $4,077 $330,000 $100,000 $230,000
2017 $3,498 $285,600 $102,000 $183,600
2016 $1,443 $100,103 $54,109 $45,994
2015 $1,426 $98,602 $53,298 $45,304
2014 $1,384 $96,672 $52,255 $44,417
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22220293

California Regional Multiple Listing Service (CRMLS)

APN: 291-130-022

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