NOT LISTED FOR SALE

25854 Iris Ave Unit B Moreno Valley, CA 92551

Victoriano Neighborhood

Estimated Value: $374,000 - $391,000

2 Beds
2.5 Baths
1,444 Sq Ft
$307/mo HOA Fee

Last Sold May 15, 2020

Last sale price $237,000 $164 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,614/month

142 Days on Market

Highlights

  • Community Lake
  • Sauna
  • Outdoor Cooking Area
  • Rancho Verde High School Rated A-
  • Community Pool
  • 4-minute walk to Victoriano Park

About This Home

As of May 2020

Back on the market, buyer failed to perform, subject to cancellation of existing escrow.
Stunning gated community of Palacio De Oro, this great condo features 2 bedrooms, 2.5 bathrooms, huge living room, laundry room 2 bedrooms are upstairs, the master bedroom has a walking closet and a full bath, very quite and great neighborhood and close to shopping and university.

Last Agent to Sell the Property

Nabeel Assil

Nabeel Assil, Broker License #01744084 Listed on: 11/04/2019

Last Buyer's Agent

WAYNE FISHER

Century 21 Masters License #01511938

Century 21 Masters

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,602

Year Built

  • Built in 2006

Lot Details

  • 1,307

HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,444 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 5-P
  • Tax Tract Number 32145
  • Assessor Parcel Number 486531086

Community Details

Overview

  • 113 Units
  • Palacio De Oro Association, Phone Number (951) 296-5640
  • Equity Management HOA
  • Community Lake

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Sauna

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,602

Year Built

Built in 2006

Lot Details

0

HOA Fees

$307 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Ad Number: 951-751-7956
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 486531086
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1444.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Price Per Square Foot: 164.13
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Outdoor Cooking Area, Picnic Area, Playground
  • Association Fee: 260.00
  • Association #2 Fee: 47.00
  • Association Fee Frequency: Monthly
  • Association Name: Palacio De Oro
  • Phone: 951-296-5640
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Lake, Park
  • Association Management: Equity Management

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: Yes
  • 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: 5-P
  • Tax Tract Number: 32145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2019
Closed on
Mar 30, 2020
Sold by
Hajjar Mamoun and Alkayal Fatena
Bought by
Esparza Syndi
Seller's Agent
Nabeel Assil
Nabeel Assil, Broker
Buyer's Agent
WAYNE FISHER
Century 21 Masters
List Price
$249,990
Sold Price
$237,000
Premium/Discount to List
-$12,990
-5.2%
Current Estimated Value
$380,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,117
Avg. Annual Appreciation
9.06%
Original Mortgage
$229,090
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2014
Sold by
Hu Gang
Bought by
Hajjar Mamoun and Alkayal Fatena

Purchase Details

Closed on
May 14, 2009
Sold by
Zhang Xiaoli
Bought by
Hu Gang

Purchase Details

Closed on
Jan 23, 2009
Sold by
Montes Jennifer and Montes James
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 24, 2006
Sold by
K Hovnanian Forecast Homes Inc
Bought by
Montes James and Montes Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,950
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac
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
Esparza Syndi $237,000 First American Title
Hajjar Mamoun $130,000 First American Title Company
Hu Gang -- Landsafe Title
Hu Gang $85,000 Landsafe Title
U S Bank National Association $83,250 Landsafe Title
Montes James $302,500 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Esparza Syndi $229,090
Previous Owner Montes James $241,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $237,000 -5.2% $164 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $249,990 0.0% $173 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
12/29/2019 12/29/19 Price Changed $249,990 -3.8% $173 / Sq Ft
11/04/2019 11/04/19 For Sale $259,990 +100.0% $180 / Sq Ft
08/22/2014 08/22/14 Sold $130,000 -6.5% $90 / Sq Ft
07/29/2014 07/29/14 Price Changed $139,000 -4.1% $96 / Sq Ft
06/06/2014 06/06/14 For Sale $145,000 0.0% $100 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $145,000 -- $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 $3,602 $259,188 $32,807 $226,381
2023 $3,602 $249,126 $31,534 $217,592
2022 $3,534 $244,242 $30,916 $213,326
2021 $3,458 $239,454 $30,310 $209,144
2020 $2,333 $142,856 $16,480 $126,376
2019 $2,251 $140,056 $16,157 $123,899
2018 $2,212 $137,311 $15,842 $121,469
2017 $2,156 $134,620 $15,532 $119,088
2016 $2,126 $131,981 $15,228 $116,753
2015 $2,099 $130,000 $15,000 $115,000
2014 $1,636 $89,286 $21,008 $68,278
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Nabeel Assil

    Nabeel Assil, Broker

    Section Image
  • WAYNE FISHER

    Buyer's Agent in 2020

    WAYNE FISHER

    Century 21 Masters

    (951) 234-9479

    26 Total Sales

    WAYNE FISHER
    Section Image
  • Ramin Haghighi

    Seller's Agent in 2014

    Ramin Haghighi

    The Ladera Group

    (951) 264-6400

    67 Total Sales

    Ramin Haghighi
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG19259079

California Regional Multiple Listing Service (CRMLS)

APN: 486-531-086

California Riverside County Moreno Valley 92551 Victoriano

25854 Iris Ave Unit B, Moreno Valley, CA

This home is located at 25854 Iris Ave Unit B, Moreno Valley, CA 92551 since 04 November 2019 and is currently estimated at $380,117, approximately $263 per square foot. This property was built in 2006. 25854 Iris Ave Unit B is a home located in Riverside County with nearby schools including Victoriano Elementary School, Vista Verde Middle School, and Rancho Verde High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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