NOT LISTED FOR SALE

Estimated Value: $376,000 - $394,000

2 Beds
2.5 Baths
1,444 Sq Ft
$352/mo HOA Fee

Last Sold March 15, 2024

Last sale price $380,000 $263 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,630/month

27 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Gated Community
  • Rancho Verde High School Rated A-
  • Gated Parking
  • Neighborhood Views

About This Home

As of March 2024

Welcome to this charming and cozy 2-bedroom, 2 1/2-bathroom condominium unit located in the desirable Gated community of "PALACIO de ORO SOUTH". Built-in 2006, this unit boasts a comfortable 1,444 square feet of living space. Nice front porch greeting area. Upon entering, you'll fall in love with the spacious floor plan. Light and spacious. New fresh paint through out the whole house. New lustrous waterproof vinyl flooring throughout the whole house. Inviting living room and dinning room room perfect for relaxing and enjoying the evening.. The gourmet kitchen features tile countertops with many cabinetry perfect for hosting and preparing meals for your family and guests. The kitchen features, tile counter tops, microwave, stove and dishwasher. Spacious one bath and laundry room located on the 1st level. A spacious primary bedroom has an ensuite bathroom with double sinks, tub/shower combo, separate toilet, walk-in closet. Beautiful tile in the kitchen and bathrooms, windows with vertical blinds Super convenient location. The home is located within a short distance to shops and restaurants. HOA has club house, lake, park, pool , bar area and others. You won't want to miss this gem!

Last Agent to Sell the Property

Karen Cheng

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY Brokerage Phone: 951-892-6261 License #01774394 Listed on: 01/24/2024

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY

Co-Listed By

YUMING BAI

TopSky Realty Inc Brokerage Phone: 951-892-6261 License #01486321

Last Buyer's Agent

MAGDALENA AGUILAR

K.W. EXECUTIVE License #02109376

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,142

Year Built

  • Built in 2006

Lot Details

  • 1 Common Wall

HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Gated Parking

Interior Spaces

  • 1,444 Sq Ft Home
  • 2-Story Property
  • Family Room Off Kitchen
  • Living Room
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Tile Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Tile Bathroom Countertop
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 2-P
  • Tax Tract Number 32145
  • Assessor Parcel Number 486532073
  • $773 per year additional tax assessments

Community Details

Overview

  • 100 Units
  • Palacio Del Dro South Association, Phone Number (951) 296-5640
  • Moreno Valley Ranch HOA

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,142

Year Built

Built in 2006

Lot Details

0

HOA Fees

$352 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 486532073
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1444.00 Square Feet
  • Interior Amenities: Tile Counters
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Family Kitchen
  • Entry Level: 1
  • Levels: One, Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 263.16
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Primary Suite
  • Spa Features: Association, Community
  • Bathroom Features: Shower, Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Covered, Front Porch
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Gated
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area
  • Association Fee: 292.00
  • Association #2 Fee: 60.00
  • Association Fee Frequency: Monthly
  • Association Name: Palacio Del Dro south
  • Phone: 951 296 5640
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Moreno Valley Ranch

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: 1

Tax Info

  • Tax Census Tract: 511.00
  • Tax Lot: 2-P
  • Tax Tract Number: 32145
  • TaxOtherAnnualAssessmentAmount: 773.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
Feb 21, 2024
Sold by
Mao Chu Wen
Bought by
Alvarado Israel and Martinez Francine
Seller's Agent
Karen Cheng
BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
Buyer's Agent
MAGDALENA AGUILAR
K.W. EXECUTIVE
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%
Views
131
Current Estimated Value
$385,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,267
Avg. Annual Appreciation
0.96%
Original Mortgage
$361,000
Outstanding Balance
$355,345
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$29,922

Purchase Details

Closed on
Jul 5, 2011
Sold by
Fan Jun
Bought by
Mao Chu Wen

Purchase Details

Closed on
Jun 30, 2011
Sold by
Toloday Steve
Bought by
Mao Chu Wen

Purchase Details

Closed on
Jun 2, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fan Jun

Purchase Details

Closed on
Jan 21, 2011
Sold by
Smith Wendy E
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 24, 2006
Sold by
K Hovnanian Forecast Homes Southern Inc
Bought by
Soriano Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2006
Sold by
K Hovnanian Forecast Homes Southern Inc
Bought by
Smith Wendy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Alvarado Israel $380,000 None Listed On Document
Mao Chu Wen $101,000 California Counties Title Na
Mao Chu Wen -- Cal Counties Title Company
Fan Jun $88,000 Pacific Coast Title
Federal Home Loan Mortgage Corporation $90,908 Security Union Title Ins Co
Soriano Karen $243,500 Orange Coast Title Co
Smith Wendy E $296,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarado Israel $361,000
Previous Owner Soriano Karen $194,500
Previous Owner Smith Wendy E $236,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $380,000 -4.8% $263 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
01/24/2024 01/24/24 For Sale $399,000 0.0% $276 / Sq Ft
05/08/2014 05/08/14 Rented $1,250 0.0% --
04/08/2014 04/08/14 Under Contract -- -- --
03/24/2014 03/24/14 For Rent $1,250 +4.2% --
10/01/2013 10/01/13 Rented $1,200 -7.7% --
09/27/2013 09/27/13 Under Contract -- -- --
07/06/2013 07/06/13 For Rent $1,300 -- --
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 $2,142 $387,600 $30,600 $357,000
2023 $2,142 $121,922 $18,103 $103,819
2022 $2,117 $119,533 $17,749 $101,784
2021 $2,064 $117,190 $17,401 $99,789
2020 $2,027 $115,989 $17,223 $98,766
2019 $1,964 $113,716 $16,886 $96,830
2018 $1,928 $111,487 $16,555 $94,932
2017 $1,880 $109,302 $16,231 $93,071
2016 $1,852 $107,160 $15,913 $91,247
2015 $1,829 $105,552 $15,675 $89,877
2014 $1,794 $103,486 $15,369 $88,117
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV24015079

California Regional Multiple Listing Service (CRMLS)

APN: 486-532-073