NOT LISTED FOR SALE

Moreno Valley, CA 92551

Rainbow Ridge Neighborhood

Estimated Value: $446,531 - $621,000

3 Beds
2 Baths
1,335 Sq Ft
$375/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $340,000 $255 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,807/month

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of May 2021

This home since 12 May 2021 and is currently estimated at $500,633, approximately $375 per square foot. This property was built in 1985. This home is a home located in Riverside County with nearby schools including Rainbow Ridge Elementary School, March Middle School, and Citrus Hill High School.

Last Agent to Sell the Property

Mary Brown-Edwards

KELLER WILLIAMS RIVERSIDE CENT License #01515359 Listed on: 05/12/2021

KELLER WILLIAMS RIVERSIDE CENT

Last Buyer's Agent

Mary Brown-Edwards

KELLER WILLIAMS RIVERSIDE CENT License #01515359 Listed on: 05/12/2021

KELLER WILLIAMS RIVERSIDE CENT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,123

Year Built

  • Built in 1985

Lot Details

  • 4,356 Sq Ft Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,335 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 187
  • Assessor Parcel Number 486193019

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,123

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 486193019
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1335.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 254.68
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4356.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 57
  • Tax Tract Number: 187...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
May 7, 2021
Sold by
Schomaker Pamela
Bought by
Chavez Sergio and Valencia Jasmin Alcantar
Seller's Agent
Mary Brown-Edwards
KELLER WILLIAMS RIVERSIDE CENT
Buyer's Agent
Mary Brown-Edwards
KELLER WILLIAMS RIVERSIDE CENT
List Price
$340,000
Sold Price
$340,000
Current Estimated Value
$470,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,516
Avg. Annual Appreciation
9.04%
Original Mortgage
$333,841
Outstanding Balance
$302,543
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$198,090

Purchase Details

Closed on
Jan 5, 2004
Sold by
Schomaker Pamela
Bought by
Schomaker Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2003
Sold by
Long Charles J and Long Masako S
Bought by
Schomaker Pamela

Purchase Details

Closed on
May 9, 2003
Sold by
Schomaker William
Bought by
Schomaker Pamela

Purchase Details

Closed on
Apr 1, 1997
Sold by
Cooley Ronnie Dale and Cooley Julie
Bought by
Long Charles J and Long Masako

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,197
Interest Rate
7.96%
Mortgage Type
FHA
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
Chavez Sergio $340,000 First American Title Company
Schomaker Pamela -- Lawyers Title Company
Schomaker Pamela -- --
Schomaker Pamela $10,000 --
Long Charles J $69,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Sergio $333,841
Previous Owner Schomaker Pamela $70,000
Previous Owner Long Charles J $69,197
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2021 05/12/21 For Sale $340,000 0.0% $255 / Sq Ft
05/11/2021 05/11/21 Sold $340,000 -- $255 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
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 $4,123 $368,025 $64,945 $303,080
2023 $4,123 $353,736 $62,424 $291,312
2022 $4,082 $346,800 $61,200 $285,600
2021 $1,974 $160,239 $41,302 $118,937
2020 $1,944 $158,597 $40,879 $117,718
2019 $1,834 $155,488 $40,078 $115,410
2018 $1,810 $152,441 $39,293 $113,148
2017 $1,771 $149,453 $38,523 $110,930
2016 $1,675 $146,523 $37,768 $108,755
2015 $1,651 $144,323 $37,201 $107,122
2014 $1,631 $141,498 $36,473 $105,025
Source: Public Records

Agents Affiliated with this Home

  • Mary Brown-Edwards

    Seller's Agent in 2021

    Mary Brown-Edwards

    KELLER WILLIAMS RIVERSIDE CENT

    (877) 260-3803

    1 in this area

    25 Total Sales

    Mary Brown-Edwards
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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21068242

California Regional Multiple Listing Service (CRMLS)

APN: 486-193-019

California Riverside County Moreno Valley 92551

Rainbow Ridge

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