NOT LISTED FOR SALE

25846 Iris Ave Unit A Moreno Valley, CA 92551

Victoriano Neighborhood

Estimated Value: $340,657 - $366,000

2 Beds
2 Baths
1,064 Sq Ft
$307/mo HOA Fee

Last Sold October 11, 2019

Last sale price $225,000 $211 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,456/month

8 Days on Market

Highlights

  • Fitness Center
  • Gated with Attendant
  • Lake View
  • Rancho Verde High School Rated A-
  • In Ground Pool
  • Open Floorplan

About This Home

As of October 2019

Excellent opportunity for first time buyer or investment. 2 bedroom, 2 bathroom condo in "Palacio de Oro" gated community. This two story condo offers newer interior paint and newer carpet, inside laundry area, great size master bedroom with walk in closet and double sink, attached one car garage with direct access into condo. Very cozy and clean with central air condition and heating. H.O.A. offers swimming pool, spa, clubhouse, gym, and much more. Located close to Victoriano School and parks, Moreno Valley College, restaurants, and shopping centers. All living space on 2nd level. Don't miss this great opportunity to buy your own place. Short distance to Lake Perris State Recreation area.

Last Agent to Sell the Property

Lilian Lopez

Century 21 Masters License #01429481 Listed on: 08/14/2019

Century 21 Masters

Last Buyer's Agent

Mike Servin

SECURITY FINANCIAL REAL ESTATE License #01917935

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • Two or More Common Walls
  • South Facing Home
  • Front Yard Sprinklers
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 1 Open Parking Space
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Property Views

  • Lake
  • City Lights
  • Mountain
  • Hills

Home Design

  • Spanish Architecture
  • Turnkey
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,064 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

Pool

  • In Ground Pool
  • Spa

Schools

  • La Jolla Elementary School
  • Landmark Middle School
  • Vista Del Lago High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Additional Features

  • Concrete Porch or Patio
  • Urban Location

Listing and Financial Details

  • Tax Lot 4-P
  • Tax Tract Number 32145
  • Assessor Parcel Number 486531037

Community Details

Overview

  • 113 Units
  • Palacio De Oro Association, Phone Number (951) 296-5640
  • Moreno Valley Ranch Association, Phone Number (951) 485-2020
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Recreation Room
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated with Attendant
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

HOA Fees

$307 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Fire Sprinkler System, Gated with Guard
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 486531037
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1064.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Tile Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: In Kitchen
  • Levels: Two
  • Price Per Square Foot: 211.47
  • Room Type: All Bedrooms Up, Laundry, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association
  • Window Features: Blinds

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • View: City Lights, Hills, Lake, Mountain(s)
  • Patio And Porch Features: Concrete, Patio Open
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Garage
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Water Heater
  • Heating Type: Central
  • Laundry Features: Common Area, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Moreno Valley Ranch
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Gym/Ex Room, Clubhouse, Banquet Facilities, Recreation Room, Maintenance Grounds, Trash, Sewer, Water, Pet Rules
  • Association Fee: 260.00
  • Association #2 Fee: 47.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Palacio de Oro
  • Phone: 951-296-5640
  • Association Phone #2: 951-485-2020
  • Senior Community: No
  • Community Features: Urban
  • Association Management: Palacio de Oro

Schools

  • Elementary School: La Jolla
  • High School: Vista Del Lago
  • Middle Or Junior School: Landmark
  • Elementary School #2: LAJOL
  • High School2: VIDELA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sprinkler System, Sprinklers In Front
  • 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: 113
  • Number Of Units Total: 1

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2019
Closed on
Aug 22, 2019
Sold by
Crespo Crystal Denise
Bought by
Ornelas Joseph P and Ornelas Aida Lorena
Seller's Agent
Lilian Lopez
Century 21 Masters
Buyer's Agent
Mike Servin
SECURITY FINANCIAL REAL ESTATE
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%
Current Estimated Value
$356,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,164
Avg. Annual Appreciation
7.63%
Original Mortgage
$180,000
Outstanding Balance
$157,321
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$198,843

Purchase Details

Closed on
Jan 21, 2011
Sold by
Crespo Daniel
Bought by
Crespo Crystal Denise

Purchase Details

Closed on
Aug 5, 2009
Sold by
Crespo Lyvette
Bought by
Crespo Daniel

Purchase Details

Closed on
Aug 4, 2009
Sold by
Deutsche Bank Natioanl Trust Company
Bought by
Crespo Daniel

Purchase Details

Closed on
Sep 17, 2008
Sold by
Valenzuela Kenny and Willimann Ana V
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Dec 29, 2005
Sold by
K Hovnanian Forecast Homes Inc
Bought by
Valenzuela Kenny and Willimann Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,250
Interest Rate
6.27%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ornelas Joseph P $225,000 Fidelity National Title
Crespo Crystal Denise -- None Available
Crespo Daniel -- Atc
Crespo Daniel $68,500 Advantage Title Inc
Deutsche Bank National Trust Co $153,000 None Available
Valenzuela Kenny $244,500 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ornelas Joseph P $180,000
Previous Owner Valenzuela Kenny $195,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $225,000 -1.7% $211 / Sq Ft
08/14/2019 08/14/19 For Sale $229,000 -- $215 / 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 $3,457 $246,066 $32,807 $213,259
2023 $3,457 $236,513 $31,534 $204,979
2022 $3,393 $231,876 $30,916 $200,960
2021 $3,320 $227,330 $30,310 $197,020
2020 $3,270 $225,000 $30,000 $195,000
2019 $1,584 $78,964 $17,351 $61,613
2018 $1,554 $77,416 $17,011 $60,405
2017 $1,514 $75,899 $16,678 $59,221
2016 $1,491 $74,411 $16,351 $58,060
2015 $1,473 $73,295 $16,106 $57,189
2014 $1,443 $71,862 $15,792 $56,070
Source: Public Records

Agents Affiliated with this Home

  • Lilian Lopez

    Seller's Agent in 2019

    Lilian Lopez

    Century 21 Masters

    (562) 928-1474

    53 Total Sales

    Lilian Lopez
    Section Image

  • M

    Buyer's Agent in 2019

    Mike Servin

    SECURITY FINANCIAL REAL ESTATE

    (626) 331-4213

    28 Total Sales

    Mike Servin
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19194810

California Regional Multiple Listing Service (CRMLS)

APN: 486-531-037

California Riverside County Moreno Valley 92551 Victoriano

25846 Iris Ave Unit A, Moreno Valley, CA

Not Listed for Sale

Condos

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