$280,000
SOLD MAY 24, 2016
1 Bed
2 Baths
1,012 Sq Ft
0.96 Acres

Recently Sold

$277 Per Sq Ft

4% Below List Price

412 Days on Market

About This Home

As of February 2023

Build PUD styled units. Seller has plans for 12 units all 3 bedrooms 2 baths, 1,300+ sq. ft. each with 2 car attached garages. Currently 2 tenant occupied units with $605 and $555 per month rental income. Zoning R2 Multifamily Dwellings. Easy access to 215 an 60 freeways. Major cross streets are: Day Street and Alessandro Blvd. Close to Moreno Valley Mall and Town Gate Square. Near Costco, Sam' s Club, Target, and other major retail stores and restaurants. Buyer verify with city.

Last Agent to Sell the Property

Benjamin Lin

1000 Realty Corporation License #01383988 Listed on: 03/16/2015

Last Buyer's Agent

Marcial Rivas

Tierra Bella Realty R-M License #00893724

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,796

Year Built

  • Built in 1944

Lot Details

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

Parking

  • 2 Car Garage

Home Design

  • 1,012 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 291130022

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $769
  • Water Sewer Expense $2,050
  • New Taxes Expense $1,382
  • Gross Income $1,160
  • Net Operating Income $8,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,796

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2050.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 291130022
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 276.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 41818.00
  • Price Per Lot Square Foot: 6.70
  • Lot Size Acres: 0.9600

Multi Family

  • Gross Income: 1160.00
  • Gross Scheduled Income: 13920.00
  • Insurance Expense: 769.00
  • Lot Size Area: 41818.0000 Square Feet
  • Net Operating Income: 8520.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5400.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1382.00
  • Tax Lot: 1
  • Tax Year: 2014

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$500,000
Outstanding Balance
$484,859
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$297,503

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
11.75%
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:

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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 Type Sale Price Title Company
Grant Deed $626,000 --
Grant Deed $384,000 First American Title Company
Trustee Deed $349,000 Accommodation
Interfamily Deed Transfer -- Provident Title Company
Grant Deed $330,000 Provident Title Company
Grant Deed $280,000 Wfg National Title Co Of Ca
Grant Deed -- None Available
Grant Deed $92,500 Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Trustee Deed $200,000 None Available
Grant Deed $340,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Previous Owner $0 FHA
Previous Owner $370,990 FHA
Previous Owner $316,000 Commercial
Previous Owner $180,000 Seller Take Back
Previous Owner $530,978 Commercial
Previous Owner $260,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2025 08/17/25 Price Changed $799,000 -6.0% $790 / Sq Ft
03/21/2025 03/21/25 Price Changed $850,000 -5.6% $840 / Sq Ft
09/18/2024 09/18/24 For Sale $900,000 +43.8% $889 / Sq Ft
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
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
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 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 $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: AR15055185

California Regional Multiple Listing Service (CRMLS)

APN: 291-130-022