RENTED JAN 31, 2025

Estimated Value: $358,000 - $401,000

2 Beds
2.5 Baths
1,444 Sq Ft
$263/Sq Ft Est. Value

Last Sold November 08, 2016

Last sale price $180,000 $125 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,357/month

Highlights

  • Gated Community
  • Community Pool
  • Bathtub
  • Rancho Verde High School Rated A-
  • 1 Car Attached Garage
  • 3-minute walk to Victoriano Park

About This Home

As of January 2025

Charming Two-Story Condo for Lease in Palacio de Oro Community! Welcome to this spacious and inviting two-bedroom, two-and-a-half-bath condo located in Moreno Valley and just minutes from Lake Perris. This bright and airy home features an open-concept floor plan, ideal for modern living, with plenty of natural light throughout. The main level includes a generous living room, dining area, a well-equipped kitchen, its own washer and dryer room annexed to the garage and there is ample storage. Such a great space makes it perfect for entertaining or relaxing with family. Upstairs you’ll find two comfortable bedrooms, including a primary suite with its own en-suite bathroom and walk-in closet for added privacy and convenience and again, tons of storage. Community amenities include a sparkling pool, gym, and playground. The Palacio de Oro community offers a peaceful environment with easy access to Moreno Valley schools, shopping, dining, and entertainment, plus proximity to Lake Perris for outdoor recreation. Don’t miss this opportunity to live in a beautifully maintained home in one of the area’s most sought-after neighborhoods. Contact us today to schedule a tour!

Last Agent to Rent the Property

Rebeca Kachlik

Rebeca Kachlik, Broker Brokerage Phone: 909-964-3220 License #01958112 Listed on: 12/09/2024

Last Renter's Agent

Rebeca Kachlik

Rebeca Kachlik, Broker Brokerage Phone: 909-964-3220 License #01958112 Listed on: 12/09/2024

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2005

Lot Details

  • 0.3

Parking

  • 1 Car Attached Garage
  • Parking Available

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 1,444 Sq Ft Home
  • 2-Story Property

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Schools

  • Moreno Valley High School

Utilities

  • Central Heating and Cooling System
  • Standard Electricity

Additional Features

  • Accessible Parking
  • Two or More Common Walls

Listing and Financial Details

  • Security Deposit $2,500
  • Rent includes trash collection
  • 12-Month Minimum Lease Term
  • Available 12/15/24
  • Tax Lot 1-P
  • Tax Tract Number 32145
  • Assessor Parcel Number 486531005
  • Seller Considering Concessions

Community Details

Overview

  • Property has a Home Owners Association
  • $4,900 HOA Transfer Fee
  • 200 Units

Recreation

  • Community Pool

Pet Policy

  • Pet Deposit $500
  • Dogs Allowed
  • Breed Restrictions

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Year Built

Built in 2005

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2024-12-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 2500
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call, Dogs OK
  • Total Move In Costs: 4900.00
  • Transfer Fees: 4900.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Security: Gated Community
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 486531005
  • Year Built: 2005
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1444.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1.66
  • Room Type: All Bedrooms Up
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains

Schools

  • High School: Moreno Valley
  • High School2: MORVAL

Lot Info

  • Additional Parcels: No

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 200
  • Number Of Units Total: 1
  • Rent Includes: Trash Collection

Tax Info

  • Tax Census Tract: 511.00
  • Tax Lot: 1-P
  • Tax Tract Number: 32145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2021
Sold by
Burgos Francisco
Bought by
Burgos Regina
Current Estimated Value
$379,390

Purchase Details

Closed on
Apr 13, 2021
Sold by
Burgos Francisco
Bought by
Burgos Francisco and Burgos Regina

Purchase Details

Closed on
Jan 20, 2017
Sold by
Burgos Francisco
Bought by
Burgos Francisco and Burgos Regina

Purchase Details

Listed on
Sep 14, 2016
Closed on
Oct 1, 2016
Sold by
Montenegro Brenda
Bought by
Burgos Francisco
Seller's Agent
Sal Kabir
EINSTEIN REALTY
Buyer's Agent
Deanna Quiroz
Coldwell Banker Top Team
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$144,000
Outstanding Balance
$115,516
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$263,874

Purchase Details

Listed on
Sep 14, 2016
Closed on
Sep 29, 2016
Sold by
Ramos Marina
Bought by
Burgos Francisco
Seller's Agent
Sal Kabir
EINSTEIN REALTY
Buyer's Agent
Deanna Quiroz
Coldwell Banker Top Team
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$115,516
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$263,874

Purchase Details

Closed on
Apr 23, 2010
Sold by
Iris Ave Trust #25798
Bought by
Ramos Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
5.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2010
Sold by
Billings Connie K
Bought by
Iris Ave Trust #25798

Purchase Details

Closed on
Oct 25, 2005
Sold by
K Hovnanian Forecast Homes Inc
Bought by
Billings Connie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,900
Interest Rate
6.5%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burgos Regina -- Pacific Coast Title Company
Burgos Francisco -- Western Resources Title
Burgos Francisco -- Western Resources Title
Burgos Francisco -- None Available
Burgos Francisco -- Orange Coast Title Company
Burgos Francisco $180,000 Orange Coast Title Company
Ramos Marina $115,000 None Available
Iris Ave Trust #25798 $79,900 None Available
Billings Connie K $280,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgos Francisco $144,000
Previous Owner Ramos Marina $69,000
Previous Owner Billings Connie K $223,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2025 01/31/25 Rented $2,400 0.0% --
12/09/2024 12/09/24 For Rent $2,400 0.0% --
11/08/2016 11/08/16 Sold $180,000 0.0% $125 / Sq Ft View Prior Sale
09/23/2016 09/23/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $180,000 0.0% $125 / Sq Ft
09/01/2016 09/01/16 Off Market $180,000 -- --
09/01/2016 09/01/16 For Sale $180,000 0.0% $125 / Sq Ft
08/26/2016 08/26/16 Off Market $180,000 -- --
08/18/2016 08/18/16 For Sale $180,000 -- $125 / 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 $4,480 $345,952 $68,978 $276,974
2023 $4,480 $332,520 $66,300 $266,220
2022 $4,383 $326,000 $65,000 $261,000
2021 $2,849 $192,995 $26,804 $166,191
2020 $2,802 $191,017 $26,530 $164,487
2019 $2,690 $187,272 $26,010 $161,262
2018 $2,643 $183,600 $25,500 $158,100
2017 $2,653 $180,000 $25,000 $155,000
2016 $2,053 $125,388 $21,804 $103,584
2015 $2,027 $123,507 $21,478 $102,029
2014 $1,990 $121,090 $21,058 $100,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24245355

California Regional Multiple Listing Service (CRMLS)

APN: 486-531-005