NOT LISTED FOR SALE

24304 Atwood Ave Moreno Valley, CA 92553

Sunnymead Neighborhood

Estimated Value: $495,000 - $535,824

4 Beds
2 Baths
653 Sq Ft
$786/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $360,000 $551 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,111/month

12 Days on Market

Highlights

  • 0.45 Acre Lot
  • Laundry Room
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of November 2020

Great Opportunity for a first time buyer's or Investors, this property features 2 houses in large lot, R15 zoning. City zoning department said that this property could add 4 more units. Upgraded back unit, newer kitchen with granite counter top, fresh paint, new electric panel for both houses recently. the tenants for both houses are month to month leasing, all pay rent on time, and they would like to stay. Front house rent is currently $990 monthly with 40% total water bill, long term tenant. Back house rent is currently $1200 with 40% water bill.
REAR HOUSE ADDRESS IS 24304 ATWOOD AVE. AND ADJACENT DUPLEX UNIT ADDRESS IS 24292 ATWOOD AVE.

Last Agent to Sell the Property

Lily Ren

Centaline Investment Inc License #01975449 Listed on: 09/16/2020

Last Buyer's Agent

Dipak Rajyaguru

New Path Realty License #01378252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,509

Year Built

  • Built in 1953

Lot Details

  • 0.45 Acre Lot
  • No Common Walls
  • Density is 11-15 Units/Acre

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 653 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for water
  • Tax Lot 163
  • Tax Tract Number 21329
  • Assessor Parcel Number 482030029

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,650
  • Trash Expense $450
  • Water Sewer Expense $1,400
  • New Taxes Expense $3,573
  • Operating Expense $7,023
  • Gross Income $26,280
  • Net Operating Income $19,257

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,509

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1400.00
  • Zoning: R15
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 482030029
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 551.30
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Spa: No

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 450.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 19602.00
  • Lot Size Acres: 0.4500

Rental Info

  • Tenant Pays: Water

Multi Family

  • Gross Income: 26280.00
  • Gross Scheduled Income: 26280.00
  • Insurance Expense: 1650.00
  • Lot Size Area: 19602.0000 Square Feet
  • Maintenance Percent: 5.00
  • Net Operating Income: 19257.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Disposal: 2
  • Operating Expense: 7023.00
  • Rent Control: No
  • Total Expenses: 7023.00

Tax Info

  • New Taxes Expense: 3573.00
  • Tax Census Tract: 425.15
  • Tax Lot: 163
  • Tax Tract Number: 021329

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 19, 2020
Sold by
Liu Yilun
Bought by
Zhao You
Seller's Agent
Lily Ren
Centaline Investment Inc
Buyer's Agent
Dipak Rajyaguru
New Path Realty
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%
Current Estimated Value
$513,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,206
Avg. Annual Appreciation
7.60%

Purchase Details

Closed on
Jul 5, 2017
Sold by
Doan Danthao Thai
Bought by
Liu Yilun

Purchase Details

Closed on
Nov 9, 2005
Sold by
Chareton Fred Z
Bought by
Doan Danthao Thai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,625
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
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
Zhao You $360,000 Old Republic Title Company
Liu Yilun $300,000 Fidelity National Title Oran
Doan Danthao Thai $282,500 First American Title Company
Chareton Fred Z -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Zhao You $0
Previous Owner Doan Danthao T $100,000
Previous Owner Doan Danthao Thai $183,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $360,000 -9.8% $551 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $399,000 -- $611 / 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 $4,509 $389,674 $92,006 $297,668
2023 $4,509 $374,544 $88,434 $286,110
2022 $4,339 $367,200 $86,700 $280,500
2021 $4,171 $360,000 $85,000 $275,000
2020 $3,633 $312,120 $72,828 $239,292
2019 $3,573 $306,000 $71,400 $234,600
2018 $3,503 $300,000 $70,000 $230,000
2017 $2,601 $220,000 $65,000 $155,000
2016 $2,623 $220,000 $65,000 $155,000
2015 $2,376 $321,210 $102,331 $218,879
2014 $2,064 $180,000 $65,000 $115,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lily Ren

    Centaline Investment Inc

    (888) 608-6166

    1 in this area

    12 Total Sales

    Lily Ren
    Section Image

  • D

    Buyer's Agent in 2020

    Dipak Rajyaguru

    New Path Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR20193030

California Regional Multiple Listing Service (CRMLS)

APN: 482-030-029

California Riverside County Moreno Valley 92553 Sunnymead

24304 Atwood Ave, Moreno Valley, CA

This home is located at 24304 Atwood Ave, Moreno Valley, CA 92553 since 16 September 2020 and is currently estimated at $513,206, approximately $785 per square foot. This property was built in 1953. 24304 Atwood Ave is a home located in Riverside County with nearby schools including Sunnymead Elementary School, Sunnymead Middle School, and Moreno Valley High School.

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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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