11841 Davis Street, Moreno Valley, California 92557, Moreno Valley, 92557 - 4 bed, 3 bath
ACTIVE UNDER CONTRACT$499,000
11841 Davis Street, Moreno Valley, California 92557
4Beds
3Baths
1,222Sqft
7,840Lot
Price Vs. Estimate
The estimated value ($505,067.95) is $6,067.95 (1%) lower than the list price ($499,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7840, living area = 1222.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Compared to the nearby listings
Price:$499.0K vs avg $575.0K ($-76,000)9%
Size:1,222 sqft vs avg 1,868 sqft9%
Price/sqft:$408 vs avg $31588%
More Insights
Built in 1973 (52 years old).
Condition: The property was extensively renovated just over a year ago, featuring modern finishes, newer wood-look laminate flooring throughout, and updated kitchen and bathrooms. The kitchen boasts new white cabinets, modern countertops, and stainless steel appliances. Bathrooms also appear to have modern vanities and fixtures. This makes the home move-in ready with no immediate renovation required. However, despite the recent cosmetic updates, the home was originally built in 1973, and the description notes 'Older Original Construction' as a weakness, suggesting that some underlying systems (e.g., plumbing, electrical, roof) may not be new or explicitly updated. The garage is unfinished, and exterior landscaping is basic. These factors prevent it from achieving an 'Excellent' score, which requires virtually all components to be new or extensively updated to current quality standards.
Year Built
1973
Close
-
List price
$499K
Original List price
$499K
Price/Sqft
$408
HOA
-
Days on market
-
Sold On
-
MLS number
P1-25065
Home ConditionGood
Features
Patio
View-
About this home
Welcome home 11841 Davis St! Updated and move-in ready. Offering comfort, convenience, and access to Moreno Valley's best amenities. Renovated a little over a year ago, this home features modern finishes, newer flooring, and a layout that maximizes both living and an expansive backyard perfect for entertaining. Step outside your door and enjoy quick access to Lake Perris boating and hiking, Moreno Valley Mall shopping, local parks, and dining options. Commuters will appreciate proximity to the 60 freeway and March Field Metrolink Station.Whether you're a first-time buyer or looking for a low-maintenance home, this property checks all the boxes. VALUE ADD BONUS: For those thinking long-term or exploring investment opportunities, plans for 3 additional units have been submitted and are currently pending approval!
Price History
Date
Event
Price
04/05/24
Sold
$470,000
04/04/24
Sold
$419,000
Condition Rating
Good
The property was extensively renovated just over a year ago, featuring modern finishes, newer wood-look laminate flooring throughout, and updated kitchen and bathrooms. The kitchen boasts new white cabinets, modern countertops, and stainless steel appliances. Bathrooms also appear to have modern vanities and fixtures. This makes the home move-in ready with no immediate renovation required. However, despite the recent cosmetic updates, the home was originally built in 1973, and the description notes 'Older Original Construction' as a weakness, suggesting that some underlying systems (e.g., plumbing, electrical, roof) may not be new or explicitly updated. The garage is unfinished, and exterior landscaping is basic. These factors prevent it from achieving an 'Excellent' score, which requires virtually all components to be new or extensively updated to current quality standards.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7840, living area = 1222.
Recent Extensive Renovation: The home was renovated just over a year ago, featuring modern finishes and newer flooring, making it move-in ready and aesthetically appealing.
Significant Investment Potential: Plans for 3 additional units have been submitted and are currently pending approval, offering substantial value-add and income-generating opportunities.
Prime Commuter & Lifestyle Location: The property boasts quick access to Lake Perris, Moreno Valley Mall, local parks, dining, the 60 freeway, and March Field Metrolink Station, enhancing convenience and lifestyle.
Expansive & Entertaining-Ready Backyard: An expansive backyard provides ample space perfect for entertaining and outdoor living, a highly desirable feature for many buyers.
Broad Buyer Appeal: Described as updated, move-in ready, and low-maintenance, this home appeals to a wide range of buyers, including first-time homeowners.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Older Original Construction: Despite recent renovations, the property was originally built in 1973, suggesting that some underlying systems (e.g., plumbing, electrical, roof) may be older and not explicitly updated.
Compact Interior Layout: With 4 bedrooms and 3 bathrooms within 1222 square feet, the interior living space is relatively compact, potentially leading to smaller room sizes.
Lack of Explicit Cooling System: The property description does not mention a cooling system (e.g., air conditioning), which is a critical comfort feature in Moreno Valley's warm climate and could represent an additional investment for buyers.