NOT LISTED FOR SALE

22889 Allies Place Moreno Valley, CA 92553

Edgemont Neighborhood

Estimated Value: $499,000 - $1,237,000

-- Bed
-- Bath
2,184 Sq Ft
$336/Sq Ft Est. Value

Last Sold May 20, 2012

Last sale price $190,000 $87 Per Sq Ft

Est. 281% increase in value since last sale

Current estimated payment $4,085/month

3 Days on Market

About This Home

As of May 2012

ONE STORY FOURPLEX. GREAT INVESTMENT OPPORTUNITY!ALL UNITS ARE ONE BEDROOM AND ONE BATHROOM.PROPERTY INCLUDES ONE PRIVATE ROOM FOR COIN OPERATED LAUNDRY.HARDLY EVER VACANCY AND EASY TO RENT. LOW EXPENSE AND MAINTENANCE.

Last Agent to Sell the Property

Ana Alvarez

A Plus Realty License #00973884 Listed on: 03/26/2012

Last Buyer's Agent

Sarah Oswald

Realty One Group West License #01230211

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,421

Year Built

  • Built in 1969

Lot Details

  • 7,316

Home Design

  • 2,184 Sq Ft Home
  • Frame Construction

Additional Features

  • 7,316 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Tract Number 2831
  • Assessor Parcel Number 291293009

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $50
  • Insurance Expense $80
  • Trash Expense $92
  • Water Sewer Expense $39
  • New Taxes Expense $1,875
  • Gross Income $2,400
  • Net Operating Income $23,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,421

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 12.39
  • View: No
  • Water Sewer Expenses: 39.00
  • Property Type: Residential Income
  • Parcel Number: 291293009
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 87.00

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 92.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7316.00
  • Lot Size Acres: 0.1680

Multi Family

  • Electric Expense: 50.00
  • Gross Income: 2400.00
  • Gross Multiplier: 79.17
  • Gross Scheduled Income: 2400.00
  • Insurance Expense: 80.00
  • Lot Size Area: 7316.0000 Square Feet
  • Net Operating Income: 23550.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 450.00

Tax Info

  • New Taxes Expense: 1875.00
  • Tax Area: 21007
  • Tax Lot: 0.
  • Tax Tract Number: 2831

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2018
Sold by
City Of Moreno Valley
Bought by
Riverside Housing Development Corp
Current Estimated Value
$724,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
4.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2017
Sold by
Riverside Housing Development Corp
Bought by
City Of Moreno Valley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
4.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2014
Sold by
D & A Capital Holdings Llc
Bought by
Riverside Housing Development Corporatio

Purchase Details

Listed on
Mar 26, 2012
Closed on
Apr 19, 2012
Sold by
Vasquez Isidro and Vazquez Eduviges
Bought by
D & A Capital Holdings Llc
Seller's Agent
Ana Alvarez
A Plus Realty
Buyer's Agent
Sarah Oswald
Realty One Group West
List Price
$190,000
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%

Purchase Details

Closed on
Mar 21, 2005
Sold by
Lopez Carlos Aguirre
Bought by
Vazquez Isidro and Vazquez Eduviges

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2004
Sold by
Aguirre Alma Patricia
Bought by
Lopez Carlos Aguirre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,920
Interest Rate
6.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 11, 2004
Sold by
Crescitelli Luis M and Frey Wendy S
Bought by
Lopez Carlos Aguirre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,920
Interest Rate
6.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2003
Sold by
Calderon Franco Elvia
Bought by
Crescitelli Luis M and Frey Wendy S

Purchase Details

Closed on
Oct 31, 2000
Sold by
Franco Alfredo R
Bought by
Calderon Franco Elvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,600
Interest Rate
4.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 2000
Sold by
Jenkins David Elias and Jenkins Rosa
Bought by
Calderon Franco Elvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,600
Interest Rate
4.95%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Riverside Housing Development Corp -- Lawyers Title
City Of Moreno Valley -- Lawyers Title
Riverside Housing Development Corporatio $248,000 Lawyers Title
D & A Capital Holdings Llc $190,000 Old Republic Title Company
Vazquez Isidro $425,000 Chicago Title Company
Lopez Carlos Aguirre -- Ticor Title Company Of Ca
Lopez Carlos Aguirre $360,000 Ticor Title Company Of Ca
Crescitelli Luis M $55,000 --
Calderon Franco Elvia -- Fidelity National Title Co
Calderon Franco Elvia $133,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riverside Housing Development Corp $53,000
Previous Owner Riverside Housing Development Corporati $177,000
Previous Owner Riverside Housing Development Corp $209,190
Previous Owner Riverside Housing Development Corp $243,675
Previous Owner Vazquez Isidro $340,000
Previous Owner Lopez Carlos Aguirre $287,920
Previous Owner Calderon Franco Elvia $119,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2012 05/20/12 Sold $190,000 0.0% $87 / Sq Ft
03/29/2012 03/29/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $190,000 -- $87 / 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 $1,421 $353,824 $84,124 $269,700
2023 $1,421 $340,086 $80,858 $259,228
2022 $1,161 $333,419 $79,273 $254,146
2021 $1,161 $326,882 $77,719 $249,163
2020 $1,161 $323,532 $76,923 $246,609
2019 $1,161 $317,189 $75,415 $241,774
2018 $3,943 $261,951 $73,937 $188,014
2017 $3,732 $256,816 $72,488 $184,328
2016 $3,701 $251,781 $71,067 $180,714
2015 $3,658 $248,000 $70,000 $178,000
2014 $2,941 $194,679 $51,231 $143,448
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Ana Alvarez

    A Plus Realty

    (714) 936-7694

    6 Total Sales

    Section Image

  • S

    Buyer's Agent in 2012

    Sarah Oswald

    Realty One Group West

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P816993

California Regional Multiple Listing Service (CRMLS)

APN: 291-293-009

California Riverside County Moreno Valley 92553 Edgemont

22889 Allies Place, Moreno Valley, CA

This home is located at 22889 Allies Place, Moreno Valley, CA 92553 since 26 March 2012 and is currently estimated at $733,325, approximately $335 per square foot. This property was built in 1969. 22889 Allies Place is a home located in Riverside County with nearby schools including Edgemont Elementary School, Badger Springs Middle School, and Moreno Valley 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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