NOT LISTED FOR SALE

Estimated Value: $401,000 - $417,000

3 Beds
3 Baths
1,599 Sq Ft
$340/mo HOA Fee

Last Sold July 18, 2022

Last sale price $395,000 $247 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,939/month

41 Days on Market

Highlights

  • Main Floor Bedroom
  • Community Pool
  • Front Porch
  • Rancho Verde High School Rated A-
  • Outdoor Cooking Area
  • 2 Car Attached Garage

About This Home

As of July 2022

VERY NICE THREE BEDROOM CONDO. 1 BEDROOM DOWNSTAIRS, LAUNDRY ROOM UPSTAIRS. THE MASTER BEDROOM FEATURES A LARGE WALK IN CLOSET ALONG WITH DUAL SINKS IN THE BATHROOM. THE CONDO INCLUDES A TWO CAR GARAGE WITH DIRECT GARAGE ACCESS. THE AMENITIES OF A COMMUNITY POOL, SPA, CLUBHOUSE AND LAKE. WALKING DISTANCE FROM SHOPPING AND RESTAURANTS.

Last Agent to Sell the Property

Drew Martin

COLDWELL BANKER TOWN & COUNTRY License #01868598 Listed on: 05/05/2022

COLDWELL BANKER TOWN & COUNTRY

Last Buyer's Agent

Jameel Shaheed

eXp Realty of California Inc. License #02103776

eXp Realty of California Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,198

Year Built

  • Built in 2006

Lot Details

  • 1,307

HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Stucco

Interior Spaces

  • 1,599 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 5-P
  • Tax Tract Number 32145
  • Assessor Parcel Number 486531043
  • $728 per year additional tax assessments

Community Details

Overview

  • 126 Units
  • Palacio De Oro Association, Phone Number (951) 296-5640
  • Moreno Valley Community Association, Phone Number (951) 485-2020
  • Equity Management HOA

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,198

Year Built

Built in 2006

Lot Details

0

HOA Fees

$340 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 486531043
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1599.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 247.03
  • Room Type: Entry, Living Room, Main Floor Bedroom
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven
  • Heating Type: Central
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Moreno Valley Community Association
  • Amenities: Pool, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area
  • Association Fee: 285.00
  • Association #2 Fee: 55.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Palacio de Oro
  • Phone: 9512965640
  • Association Phone #2: 9514852020
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • 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: No
  • Lot Size Area: 1307.0000 Square Feet
  • Number Of Units In Community: 126
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 511.00
  • Tax Lot: 5-P
  • Tax Tract Number: 32145
  • TaxOtherAnnualAssessmentAmount: 728.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
May 31, 2022
Sold by
Grout Danielle N
Bought by
Grout Shawn F
Seller's Agent
Drew Martin
COLDWELL BANKER TOWN & COUNTRY
Buyer's Agent
Jameel Shaheed
eXp Realty of California Inc.
List Price
$394,900
Sold Price
$395,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$410,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,030
Avg. Annual Appreciation
1.18%
Original Mortgage
$383,150
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2022
Closed on
May 26, 2022
Sold by
Grout Shawn F
Bought by
Verezumskyy Oleksiy
Seller's Agent
Drew Martin
COLDWELL BANKER TOWN & COUNTRY
Buyer's Agent
Jameel Shaheed
eXp Realty of California Inc.
List Price
$394,900
Sold Price
$395,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,150
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2006
Sold by
K Hovnanian Forecast Homes Inc
Bought by
Grout Shawn F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,300
Interest Rate
6.28%
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
Grout Shawn F -- None Listed On Document
Verezumskyy Oleksiy $395,000 Escrow
Grout Shawn F $270,500 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Verezumskyy Oleksiy $383,150
Previous Owner Grout Shawn F $216,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $395,000 0.0% $247 / Sq Ft
06/22/2022 06/22/22 For Sale $394,900 0.0% $247 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
06/03/2022 06/03/22 Price Changed $394,900 +2.6% $247 / Sq Ft
05/05/2022 05/05/22 For Sale $384,900 0.0% $241 / Sq Ft
09/15/2016 09/15/16 Rented $1,395 0.0% --
08/04/2016 08/04/16 Off Market $1,395 -- --
06/23/2016 06/23/16 For Rent $1,395 +7.7% --
07/17/2014 07/17/14 Rented $1,295 0.0% --
07/17/2014 07/17/14 For Rent $1,295 -- --
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 $5,198 $410,958 $31,212 $379,746
2023 $5,198 $395,000 $30,000 $365,000
2022 $4,406 $320,974 $48,075 $272,899
2021 $3,778 $267,479 $40,063 $227,416
2020 $3,477 $243,163 $36,421 $206,742
2019 $3,300 $236,080 $35,360 $200,720
2018 $3,196 $227,000 $34,000 $193,000
2017 $2,970 $209,000 $31,000 $178,000
2016 $2,667 $181,000 $27,000 $154,000
2015 $2,297 $148,000 $22,000 $126,000
2014 $2,211 $148,000 $22,000 $126,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22094067

California Regional Multiple Listing Service (CRMLS)

APN: 486-531-043