NOT LISTED FOR SALE

Estimated Value: $377,000 - $421,000

2 Beds
2.5 Baths
1,444 Sq Ft
$334/mo HOA Fee

Last Sold March 20, 2023

Last sale price $393,000 $272 Per Sq Ft

Current estimated payment $2,932/month

12 Days on Market

Highlights

  • Fitness Center
  • Fishing
  • Clubhouse
  • Rancho Verde High School Rated A-
  • Community Lake
  • 2-minute walk to Victoriano Park

About This Home

As of March 2023

Welcome to this gorgeous condominium home located in the private community of Palacio de Oro! The layout and the size of the living area, make this home the perfect place to live. A large open concept floor plan, laminate tile flooring, stainless steel kitchen appliances, great counter space, recessed lights, indoor laundry, and a beautiful porch, are some of the great features this home has to offer. Not to mention the amazing amenities that HOA includes like gym, club house, lake, paddle and fishing boats, park, pool, and spa, & shops and restaurants are within minutes.

Last Agent to Sell the Property

Luz Nunez

First Team Real Estate License #02082249 Listed on: 02/01/2023

First Team Real Estate

Last Buyer's Agent

Abdul Abusbeaa

Realty Source, Inc License #02036905

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,253

Year Built

  • Built in 2005

Lot Details

  • 1,307

HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1,444 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Outdoor Features

  • Patio
  • Front Porch

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 32145
  • Assessor Parcel Number 486531019
  • $759 per year additional tax assessments

Community Details

Overview

  • 100 Units
  • Moreno Valley Ranch Community Association, Phone Number (951) 485-2020
  • Maintained Community
  • Community Lake

Amenities

  • Clubhouse
  • Meeting Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,253

Year Built

Built in 2005

Lot Details

0

HOA Fees

$334 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Microwave and Range
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 486531019
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1444.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 272.16
  • Room Type: All Bedrooms Up

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Front Porch
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse, Meeting Room, Maintenance Grounds, Trash
  • Association Fee: 287.00
  • Association #2 Fee: 47.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Moreno Valley Ranch Community
  • Phone: 9514852020
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Fishing, Lake
  • Association Management: Moreno Valley Ranch Community
  • Association Management 2: Moreno Valley Ranch Community

Schools

  • School District: Moreno Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1307.00
  • Lot Size Acres: 0.0300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1307.0000 Square Feet
  • Number Of Units In Community: 100
  • Number Of Units Total: 100

Tax Info

  • Tax Census Tract: 511.00
  • Tax Lot: 3
  • Tax Tract Number: 32145
  • TaxOtherAnnualAssessmentAmount: 759.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Feb 27, 2023
Sold by
Maraach Elham
Bought by
El Helou Fadel
Seller's Agent
Luz Nunez
First Team Real Estate
Buyer's Agent
Abdul Abusbeaa
Realty Source, Inc
List Price
$390,000
Sold Price
$393,000
Premium/Discount to List
$3,000
0.77%
Views
197
Current Estimated Value
$394,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,509
Avg. Annual Appreciation
-0.01%
Original Mortgage
$373,350
Outstanding Balance
$363,175
Interest Rate
6.5%
Estimated Equity
$29,700

Purchase Details

Listed on
Feb 1, 2023
Closed on
Feb 14, 2023
Sold by
Ahlander Nicole Lyn
Bought by
Helton Chadi El and Helton Helen Fadel
Seller's Agent
Luz Nunez
First Team Real Estate
Buyer's Agent
Abdul Abusbeaa
Realty Source, Inc
List Price
$390,000
Sold Price
$393,000
Premium/Discount to List
$3,000
0.77%
Views
197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,350
Outstanding Balance
$363,175
Interest Rate
6.5%
Estimated Equity
$29,700

Purchase Details

Listed on
Jul 19, 2019
Closed on
Sep 11, 2019
Sold by
Covarrubias Cierra
Bought by
Willard Nicole Lyn
Seller's Agent
Femarie Rincon
Realty Masters & Associates, I
Buyer's Agent
Mayra Lopez
Real Brokerage Technologies
List Price
$249,900
Sold Price
$249,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.73%
Original Mortgage
$237,405
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2017
Closed on
Apr 12, 2017
Sold by
Ventura Anthony
Bought by
Covarrubias Cierra
Seller's Agent
Lauro Rivas
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Femarie Rincon
Realty Masters & Associates, I
List Price
$198,900
Sold Price
$199,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$189,050
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2014
Closed on
Aug 11, 2014
Sold by
Abad Edwin
Bought by
Ventura Anthony
Seller's Agent
Don Gebhard
KELLER WILLIAMS EMPIRE ESTATES
Buyer's Agent
Lauro Rivas
NON-MEMBER/NBA or BTERM OFFICE
List Price
$142,000
Sold Price
$138,000
Premium/Discount to List
-$4,000
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.29%

Purchase Details

Listed on
Jul 20, 2011
Closed on
Jan 26, 2012
Sold by
Harris Shanisha
Bought by
Abad Edwin
Seller's Agent
Suzi Dunkel-Soto
Century 21 Village Realty
Buyer's Agent
Suzi Dunkel-Soto
Century 21 Village Realty
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.89%
Original Mortgage
$91,935
Interest Rate
3.83%
Mortgage Type
VA

Purchase Details

Listed on
Jul 20, 2011
Closed on
Jan 25, 2012
Sold by
Abad Germaine Mercedes
Bought by
Abad Edwin
Seller's Agent
Suzi Dunkel-Soto
Century 21 Village Realty
Buyer's Agent
Suzi Dunkel-Soto
Century 21 Village Realty
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,935
Interest Rate
3.83%
Mortgage Type
VA

Purchase Details

Closed on
Oct 26, 2005
Sold by
K Hovnanian Forecast Homes Inc
Bought by
Harris Shanisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,900
Interest Rate
5.97%
Mortgage Type
Credit Line Revolving
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
El Helou Fadel -- --
El Helou Chadi -- --
Helton Chadi El $393,000 --
Willard Nicole Lyn $250,000 Fidelity National Ttl Ins Co
Covarrubias Cierra $199,000 Landwood Title Company
Ventura Anthony $138,000 Pacific Coast Title Company
Abad Edwin $90,000 Lawyers Title
Abad Edwin -- Lawyers Title
Harris Shanisha $260,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open El Helou Fadel $373,350
Previous Owner Willard Nicole Lyn $237,405
Previous Owner Covarrubias Cierra $189,050
Previous Owner Abad Edwin $91,935
Previous Owner Harris Shanisha $56,000
Previous Owner Harris Shanisha $51,900
Previous Owner Harris Shanisha $207,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold $393,000 +0.8% $272 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $390,000 +56.1% $270 / Sq Ft
09/13/2019 09/13/19 Sold $249,900 0.0% $173 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $249,900 0.0% $173 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $249,900 +25.6% $173 / Sq Ft
05/17/2017 05/17/17 Sold $199,000 +0.1% $138 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
03/26/2017 03/26/17 For Sale $198,900 +44.1% $138 / Sq Ft
08/21/2014 08/21/14 Sold $138,000 -2.8% $96 / Sq Ft
07/01/2014 07/01/14 For Sale $142,000 +57.8% $98 / Sq Ft
03/02/2012 03/02/12 Sold $90,000 0.0% $62 / Sq Ft
01/15/2012 01/15/12 Pending -- -- --
11/01/2011 11/01/11 Price Changed $90,000 +1.1% $62 / Sq Ft
08/09/2011 08/09/11 Price Changed $89,000 -6.3% $62 / Sq Ft
07/20/2011 07/20/11 For Sale $95,000 -- $66 / 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 $5,253 $408,877 $31,212 $377,665
2023 $5,253 $262,687 $31,534 $231,153
2022 $3,685 $257,537 $30,916 $226,621
2021 $3,607 $252,488 $30,310 $222,178
2020 $3,553 $249,900 $30,000 $219,900
2019 $2,906 $207,039 $31,212 $175,827
2018 $2,856 $202,980 $30,600 $172,380
2017 $2,170 $142,904 $15,532 $127,372
2016 $2,138 $140,103 $15,228 $124,875
2015 $2,110 $138,000 $15,000 $123,000
2014 $1,591 $92,216 $15,369 $76,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23013656

California Regional Multiple Listing Service (CRMLS)

APN: 486-531-019