NOT LISTED FOR SALE

Estimated Value: $363,000 - $422,000

3 Beds
3 Baths
1,599 Sq Ft
$368/mo HOA Fee

Last Sold September 13, 2024

Last sale price $405,000 $253 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,762/month

86 Days on Market

Highlights

  • Fitness Center
  • Mountain View
  • 2 Car Attached Garage
  • Rancho Verde High School Rated A-
  • Community Pool
  • Walk-In Closet

About This Home

As of September 2024

PRICED REDUCED.!! PRICE REDUCED>!!
EXCELLENT FOR INVESTOR OR FIRST TIME BUYER .
Two stories condo, tile counter top, Master bedroom with walk-in closet and more amenities offered by the association.
gated community, peaceful place for your family.!

Last Agent to Sell the Property

Enrique Moran

Moran Realty Brokerage Phone: 714-782-2864 License #01167881 Listed on: 04/27/2024

Last Buyer's Agent

Mark Perry

Abundance Real Estate License #02146698

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,599 Sq Ft Home
  • 2-Story Property
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4-P
  • Tax Tract Number 32145
  • Assessor Parcel Number 486531036
  • $773 per year additional tax assessments

Community Details

Overview

  • 60 Units
  • Palacio De Oro Association, Phone Number (951) 296-5640
  • Avalon Management Association, Phone Number (951) 485-2020
  • Equity HOA
  • Maintained Community

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Recreation Room
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

HOA Fees

$368 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 486531036
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1599.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 253.28
  • Room Type: All Bedrooms Up, Walk-In Closet

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Closet, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Moreno Valley Ranch Community Ass.
  • Amenities: Pool, Gym/Ex Room, Recreation Room, Maintenance Grounds, Management
  • Association Fee: 302.00
  • Association #2 Fee: 66.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: PALACIO DE ORO
  • Phone: 9512965640
  • Association Phone #2: 951-485-2020
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: EQUITY
  • Association Management 2: Avalon Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • 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: 60
  • Number Of Units Total: 60

Tax Info

  • Tax Census Tract: 511.00
  • Tax Lot: 4-P
  • Tax Tract Number: 32145
  • TaxOtherAnnualAssessmentAmount: 773.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2024
Closed on
Aug 26, 2024
Sold by
Security Eat 819 Inc
Bought by
Opeyemi Rajitola Damilare
Seller's Agent
Enrique Moran
Moran Realty
Buyer's Agent
Mark Perry
Abundance Real Estate
List Price
$430,000
Sold Price
$405,000
Premium/Discount to List
-$25,000
-5.81%
Views
303
Current Estimated Value
$412,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,245
Avg. Annual Appreciation
-0.95%
Original Mortgage
$81,000
Outstanding Balance
$50,221
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$349,696

Purchase Details

Closed on
Apr 8, 2024
Sold by
Ruforza Investments Llc
Bought by
Security Eat 819 Inc

Purchase Details

Closed on
Jul 8, 2015
Sold by
Russo Bryan M
Bought by
Ruforza Llc

Purchase Details

Listed on
Apr 6, 2015
Closed on
Apr 17, 2015
Sold by
Cacho Ricardo and Serna Clorissa
Bought by
Russo Bryan M
Seller's Agent
OSCAR VAZQUEZ
PRUDENTIAL CALIF REALTY/MV
Buyer's Agent
OSCAR VAZQUEZ
PRUDENTIAL CALIF REALTY/MV
List Price
$160,000
Sold Price
$162,500
Premium/Discount to List
$2,500
1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%

Purchase Details

Closed on
Feb 5, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Cacho Ricardo and Serna Clorissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,591
Interest Rate
5.06%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 2008
Sold by
Clay James D
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 21, 2005
Sold by
K Hovnanian Forecast Homes Inc
Bought by
Clay James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,100
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage
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
Opeyemi Rajitola Damilare $405,000 Ticor Title
Security Eat 819 Inc -- None Listed On Document
Ruforza Llc -- None Available
Russo Bryan M $162,500 First American Title Company
Cacho Ricardo $133,000 First American Title Company
Deutsche Bank National Trust Company $112,000 None Available
Clay James D $294,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Opeyemi Rajitola Damilare $81,000
Open Opeyemi Rajitola Damilare $332,000
Previous Owner Cacho Ricardo $130,591
Previous Owner Clay James D $235,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2024 09/13/24 Sold $405,000 -2.4% $253 / Sq Ft
09/09/2024 09/09/24 Price Changed $414,900 0.0% $259 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $414,900 -1.0% $259 / Sq Ft
05/29/2024 05/29/24 Price Changed $419,000 -4.8% $262 / Sq Ft
04/30/2024 04/30/24 Price Changed $440,000 +2.3% $275 / Sq Ft
04/27/2024 04/27/24 For Sale $430,000 +164.6% $269 / Sq Ft
05/04/2015 05/04/15 Sold $162,500 0.0% $102 / Sq Ft View Prior Sale
04/14/2015 04/14/15 Pending -- -- --
04/13/2015 04/13/15 Off Market $162,500 -- --
04/06/2015 04/06/15 For Sale $160,000 -1.5% $100 / Sq Ft
04/06/2015 04/06/15 Off Market $162,500 -- --
04/03/2015 04/03/15 For Sale $160,000 -- $100 / 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 $2,890 $405,000 $30,000 $375,000
2023 $2,890 $187,133 $28,876 $158,257
2022 $2,843 $183,464 $28,310 $155,154
2021 $2,779 $179,867 $27,755 $152,112
2020 $2,734 $178,024 $27,471 $150,553
2019 $2,628 $174,534 $26,933 $147,601
2018 $2,583 $171,112 $26,405 $144,707
2017 $2,519 $167,758 $25,888 $141,870
2016 $2,493 $165,240 $25,500 $139,740
2015 $2,237 $142,502 $21,427 $121,075
2014 $2,197 $139,712 $21,008 $118,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24081315

California Regional Multiple Listing Service (CRMLS)

APN: 486-531-036