NOT LISTED FOR SALE

Estimated Value: $551,503 - $592,000

3 Beds
3 Baths
2,541 Sq Ft
$227/Sq Ft Est. Value

Last Sold May 15, 2013

Last sale price $235,000 $92 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $3,631/month

About This Home

As of May 2013

Great access to Rancho Verde High School, Shopping, and the expressway/freeway!

Come check out this South Moreno Valley home. This home features three (3) bedrooms and a loft, two-and-one-half-bathrooms, a two-car garage, and a completely renovated backyard!

When you enter this property you are greeted with a nice formal living space that extends into a formal dining room. On the other side of the dining room is the family room with a fireplace and media niche. Opposite of that is the wide-open kitchen and downstairs bathroom.

Upstairs you will find an open loft and your bedrooms. The master bedroom is a great size with a huge walk-in closet.

Outback you will find a no-maintenance yard with lovely rockscape and a small patio.

Please note: this home is NOT pet-friendly.

RENTAL QUALIFICATIONS

• 3x Monthly Rent in Income (Gross; debt to income not to exceed 45%)
• 640+ Credit Score
• Combined Collections Under $1,000; not to exceed 4 collections/charge offs or 1 utility collection
• No Check Cashing/Payday Loan/Short Term Loan Collections
• No Evictions
• No Foreclosure or BK within past 2 years
• No Tax or Government Liens
• No Home-Based Businesses that have clients who come to the property *except licensed home-care/daycare
• No co-signers
• Renter’s insurance required

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2013
Closed on
Apr 2, 2013
Sold by
Carmona Gabriel and Carmona Mary E
Bought by
Chen Xi Lin and Wang Lin
Seller's Agent
Porfirio Molina
Master Key Real Estate
Buyer's Agent
Kathy Xiao
IRN Realty
List Price
$205,000
Sold Price
$235,000
Premium/Discount to List
$30,000
14.63%
Current Estimated Value
$577,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,126
Avg. Annual Appreciation
7.60%
Original Mortgage
$165,000
Outstanding Balance
$119,603
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$448,329

Purchase Details

Closed on
Oct 4, 2010
Sold by
Financial Fields Llc
Bought by
Carmona Gabriel and Carmona Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,056
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 2009
Sold by
Parvez Sajjad and Mohsin Aziza
Bought by
Financial Fields Llc and Camino Trust 12309

Purchase Details

Closed on
Jul 3, 2006
Sold by
Parvez Sajjad and Mohsin Aziza
Bought by
Parvez Sajjad and Mohsin Aziza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,800
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2006
Sold by
Kb Home Coastal Inc
Bought by
Parvez Sajjad and Mohsin Aziz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,185
Interest Rate
9.05%
Mortgage Type
Balloon
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
Chen Xi Lin $235,000 Ticor Title
Carmona Gabriel $195,000 Pacific Coast Title Company
Financial Fields Llc $149,600 None Available
Parvez Sajjad -- Financial Title Company
Parvez Sajjad $425,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Xi Lin $165,000
Previous Owner Carmona Gabriel $190,056
Previous Owner Parvez Sajjad $390,800
Previous Owner Parvez Sajjad $340,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2021 01/19/21 Rented $2,300 0.0% --
01/05/2021 01/05/21 Off Market $2,300 -- --
12/09/2020 12/09/20 For Rent $2,300 0.0% --
05/15/2013 05/15/13 Sold $235,000 +14.6% $92 / Sq Ft
03/21/2013 03/21/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $205,000 -- $81 / Sq Ft

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
2023 $4,696 $278,135 $47,338 $230,797
2022 $4,667 $272,682 $46,410 $226,272
2021 $4,550 $267,336 $45,500 $221,836
2020 $4,435 $264,596 $45,034 $219,562
2019 $4,234 $259,408 $44,151 $215,257
2018 $4,150 $254,323 $43,287 $211,036
2017 $4,049 $249,338 $42,439 $206,899
2016 $3,995 $244,450 $41,607 $202,843
2015 $3,944 $240,781 $40,983 $199,798
2014 $3,868 $236,066 $40,181 $195,885
Source: Public Records

Agents Affiliated with this Home

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