NOT LISTED FOR SALE

Estimated Value: $394,120 - $426,000

3 Beds
3 Baths
1,599 Sq Ft
$307/mo HOA Fee

Last Sold August 12, 2020

Last sale price $285,000 $178 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,786/month

51 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Fishing
  • Rancho Verde High School Rated A-
  • In Ground Spa
  • 1-minute walk to Mango Park

About This Home

As of August 2020

Do not miss out this beautiful Lake Viewing condo. Gorgeous property for First Time Buyer and investment. Turn-key condo located in gated and the highly desirable community of Palacio De Oro South. LOCATION,LOCATION,LOCATION. This condo is Surrounded by lake, school, supermarket and restaurants, college etc. Short drive to University of California, Riverside, and Lake Perris Recreation Area.The 2 stories condo features downstairs bedroom and bath. Spacious living area is perfect for entertainment and relax, Huge Master bedroom has double sinks and a walk in closet. Recessed light through out the whole house. Community offers many great amenities: pool, club house,gym, exclusive access to the guard-gated Moreno Valley Lake across the street. You will enjoy the lake, fishing, paddle boats, playground, pool/spa, picnic there. Can Not Miss this Unique Lake Viewing Property. A MUST SEE!

Last Agent to Sell the Property

Alison Happle

Re/Max Top Producers License #01970182 Listed on: 05/22/2020

Re/Max Top Producers

Last Buyer's Agent

Dan Howard

Real Estate Broker Services License #01880426

Real Estate Broker Services

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • Lake Front
  • 1 Common Wall

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Guest Parking

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 1,599 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Carpet
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Pool

  • In Ground Spa

Schools

  • Rancho Verde High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 32145
  • Assessor Parcel Number 486531017

Community Details

Overview

  • 40 Units
  • Palaclo De Oro South Association, Phone Number (951) 296-5640
  • Avalon Management Group Association, Phone Number (951) 485-2020
  • Associa HOA

Recreation

  • Fitness Center
  • Community Pool
  • Fishing

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

HOA Fees

$307 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 486531017
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1599.00 Square Feet
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 178.24
  • Room Type: Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: In Ground
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Lake, Water
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: In Closet, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Moreno Valley Ranch
  • Amenities: Pool, Gym/Ex Room
  • Association Fee: 260.00
  • Association #2 Fee: 47.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Palaclo De Oro South
  • Phone: 951 296 5640
  • Association Phone #2: 951 485 2020
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Fishing, Sidewalks
  • Association Management: Associa
  • Association Management 2: Avalon Management Group

Schools

  • High School: Rancho Verde
  • High School2: RANVER

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: 40
  • Number Of Units Total: 1
  • Waterfront Features: Lake Front

Tax Info

  • Tax Census Tract: 511.00
  • Tax Lot: 3
  • Tax Tract Number: 32145

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 31, 2020
Sold by
Chen Cuiping
Bought by
Howard Angelina
Seller's Agent
Alison Happle
Re/Max Top Producers
Buyer's Agent
Dan Howard
Real Estate Broker Services
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%
Current Estimated Value
$409,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,280
Avg. Annual Appreciation
6.92%
Original Mortgage
$270,750
Outstanding Balance
$240,618
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$168,662

Purchase Details

Closed on
Oct 14, 2016
Sold by
Xu Jun and Chen Cuiping
Bought by
Chen Cuiping

Purchase Details

Closed on
May 25, 2016
Sold by
Chen Cuiping and Xu Jun
Bought by
Xu Jun and Chen Cuiping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2013
Closed on
Apr 18, 2013
Sold by
El Sol Neighborhood Educational Center
Bought by
Chen Cuiping and Xu Jun
Seller's Agent
Andrew Rodriguez
ANDREW RODRIGUEZ, BROKER
Buyer's Agent
Joann Wiley
KELLER WILLIAMS RIVERSIDE CENT
List Price
$135,000
Sold Price
$140,500
Premium/Discount to List
$5,500
4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%

Purchase Details

Closed on
Jan 16, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
El Sol Neighborhood Education Center

Purchase Details

Closed on
Dec 6, 2012
Sold by
Thompson Lester
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Sep 12, 2006
Sold by
Thompson Lester G
Bought by
Thompson Lester G

Purchase Details

Closed on
Sep 11, 2006
Sold by
Horn Kimberley C and Horn Kimberly C
Bought by
Horn Kimberley C

Purchase Details

Closed on
Jan 8, 2006
Sold by
Thompson Lester
Bought by
Horn Kimberly C and Thompson Lester G

Purchase Details

Closed on
Nov 8, 2005
Sold by
K Hovnanian Forecast Homes Inc
Bought by
Thompson Lester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,550
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Howard Angelina $285,000 Usa National Title Company
Chen Cuiping -- First American Title Company
Xu Jun -- First American Title Company
Chen Cuiping $140,500 Fidelity National Title Co
El Sol Neighborhood Education Center $105,000 Nextitle
Deutsche Bank National Trust Company $90,000 None Available
Thompson Lester G -- None Available
Horn Kimberley C -- None Available
Horn Kimberly C -- None Available
Thompson Lester $280,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Angelina $270,750
Previous Owner Xu Jun $100,000
Previous Owner Thompson Lester $251,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2020 08/12/20 Sold $285,000 +3.6% $178 / Sq Ft
07/17/2020 07/17/20 For Sale $275,000 -3.5% $172 / Sq Ft
07/15/2020 07/15/20 Off Market $285,000 -- --
07/12/2020 07/12/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $275,000 -3.5% $172 / Sq Ft
07/08/2020 07/08/20 Off Market $285,000 -- --
07/07/2020 07/07/20 For Sale $275,000 -3.5% $172 / Sq Ft
06/29/2020 06/29/20 Off Market $285,000 -- --
06/08/2020 06/08/20 For Sale $275,000 -3.5% $172 / Sq Ft
06/05/2020 06/05/20 Off Market $285,000 -- --
05/22/2020 05/22/20 For Sale $275,000 +95.7% $172 / Sq Ft
05/07/2013 05/07/13 Sold $140,500 +4.1% $88 / Sq Ft View Prior Sale
04/18/2013 04/18/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $135,000 0.0% $84 / Sq Ft
03/25/2013 03/25/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $135,000 -- $84 / 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 $4,067 $308,492 $32,472 $276,020
2023 $4,067 $296,514 $31,212 $265,302
2022 $3,982 $290,700 $30,600 $260,100
2021 $3,898 $285,000 $30,000 $255,000
2020 $2,428 $158,193 $16,887 $141,306
2019 $2,339 $155,092 $16,556 $138,536
2018 $2,297 $152,052 $16,232 $135,820
2017 $2,238 $149,071 $15,914 $133,157
2016 $2,282 $146,149 $15,602 $130,547
2015 $2,253 $143,955 $15,368 $128,587
2014 $2,213 $141,137 $15,068 $126,069
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20094363

California Regional Multiple Listing Service (CRMLS)

APN: 486-531-017