
Moreno Valley, California 92553
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $515,000—positioned well below the $524,514 Fair Market Value by 1.8%. This valuation gap offers $9,514 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home includes recent interior updates, a spacious 7,405 sq. ft. lot, and a private patio. With no HOA or Mello-Roos, this property provides long-term financial stability, making it an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14002 Caspian Subject | $515,000* List Price | 3 | 2 | 1,090 | $481 | - |
A 13622 Nagai Drive Sold | $525,000 | 3 | 2 | 1,090 | $482 | 0.3 mi |
B 13174 Larkhaven Sold | $525,000 | 3 | 2 | 1,128 | $465 | 0.8 mi |
C 13193 Adeline Sold | $575,000 | 3 | 2 | 1,296 | $444 | 0.7 mi |
D 23293 Bay Sold | $475,000 | 2 | 1 | 820 | $579 | 0.1 mi |
E 23010 Vought Sold | $525,000 | 3 | 2 | 1,236 | $425 | 0.5 mi |
F 24404 Bay Sold | $525,000 | 3 | 2 | 1,177 | $446 | 0.5 mi |
G 13847 Golden Eagle Court Sold | $495,000 | 2 | 1 | 984 | $503 | 0.2 mi |
H 23143 Sweeney Drive Sold | $521,000 | 3 | 2 | 1,211 | $430 | 0.3 mi |
I 13610 New Haven Drive Active | $495,000 List Price | 3 | 2 | 1,080 | $458 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1984, the property has undergone recent renovations (<5 years) including upgraded bathrooms, newer flooring, and fresh interior paint. The inclusion of solar panels and move-in ready condition aligns with the criteria for an excellent renovated home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1090.
The property is move-in ready featuring significant recent upgrades including newer flooring, fresh interior paint, modernized bathrooms, and updated lighting fixtures.
The absence of HOA fees and Mello-Roos assessments significantly lowers the monthly carrying costs, providing better long-term affordability for homeowners.
With only 1,090 square feet of living space distributed across three bedrooms, the interior layout may feel restrictive for larger families or those needing spacious common areas.
Built in 1984, the home may soon require capital improvements to major systems such as the roof or HVAC, which were not specified as recently replaced.
Welcome to 14002 Caspian Way, a beautifully updated single-story home offering 3 bedrooms, 2 bathrooms, and approximately 1,090 square feet of comfortable living space on a spacious 7,405 square foot lot with fruit trees. This move-in ready home features newer flooring, fresh interior paint, upgraded bathrooms, modern lighting fixtures, and an inviting open layout that creates a bright and welcoming atmosphere. The generously sized backyard provides endless possibilities for outdoor gatherings, gardening, pets, or future improvements. Enjoy the benefits of no HOA and no Mello-Roos while living in an established Moreno Valley neighborhood conveniently located near schools, parks, shopping, dining, and major commuter routes. Whether you're a first-time homebuyer, downsizing, or searching for a smart investment opportunity, this home offers comfort, value, and excellent potential. Don't miss your opportunity to make this beautifully updated home your own. Schedule your showing today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,090 | 1,782 |
| Lot Size | 7,405 | 6,970 |
| Price | $515.0K | $550.3K |
| Price per sq ft | $472 | $321 |
| Built year | 1984 | 1989 |
| HOA | $0 | $132 |
| Days on market | 4 | 58 |
Jul 18, 2026
$515,000
Initial Listing
Aug 31, 2020
$316,000
Public Record