14534 Parkwood Court, Moreno Valley, California 92553, Moreno Valley, 92553 - 3 bed, 2 bath
ACTIVE$530,000$1,320/sqft
Est. Value: $491,315
-7%
AboveEstimate
14534 Parkwood Court, Moreno Valley, California 92553
3Beds
2Baths
1,320Sqft
7,405Lot
Price Vs. Estimate
The estimated value ($491,314.73) is $38,685.27 (7%) lower than the list price ($530,000). 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 = 7405, living area = 1320.
Top Cons:
Recent Price Reductions & Seller Motivation: Multiple price reductions and the seller's stated motivation for a quick response may suggest the property has been struggling to attract offers at its initial price, potentially inviting lower bids.
Compared to the nearby listings
Price:$530.0K vs avg $520.0K (+$10,000)55%
Size:1,320 sqft vs avg 1,437 sqft41%
Price/sqft:$402 vs avg $36270%
More Insights
Built in 1986 (40 years old).
Condition: Built in 1986, this home is well-maintained with significant functional upgrades including recently replaced AC, water heater, and fully paid solar panels. The flooring and kitchen appliances have also been updated. However, the kitchen features dated tile countertops, and the bathrooms, while functional, show signs of being outdated in style. These elements indicate the property is aged but maintained, requiring minor aesthetic updates to key areas.
Year Built
1986
Close
-
List price
$530K
Original List price
$550K
Price/Sqft
$402
HOA
-
Days on market
-
Sold On
-
MLS number
CV25280266
Home ConditionFair
Features
Patio
View-
About this home
A nice 3bedroom 2 bath house. Well kept home close to shopping centers and tranquil neighborhood that bring a warm feeling of home. BIG BONUS BONUS BONUS--FULL PAID SOLARS (24 panels) brings a good assistant to the high electric bills. SELLER PAYS NO ELECTRIC BILL. BONUS AC and Water heater recent replaced. BONUS There are 2 nice arranged sheds for storage and possible entertainment area.!!!! Nice cover patio perfect for family and friends gathering. Motivated Seller for a quick response to interest buyers. RV parking as well.!!!!
A
Adriana Guevara
Listing Agent
Price History
Date
Event
Price
09/09/19
Sold
$335,500
06/26/19
Sold
$192,000
Condition Rating
Fair
Built in 1986, this home is well-maintained with significant functional upgrades including recently replaced AC, water heater, and fully paid solar panels. The flooring and kitchen appliances have also been updated. However, the kitchen features dated tile countertops, and the bathrooms, while functional, show signs of being outdated in style. These elements indicate the property is aged but maintained, requiring minor aesthetic updates to key areas.
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 = 7405, living area = 1320.
Energy Efficiency & Cost Savings: The property boasts fully paid solar panels (24 panels), effectively eliminating electricity bills and providing significant long-term cost savings for the homeowner.
Recent Major System Upgrades: Key systems such as the AC unit and water heater have been recently replaced, offering buyers peace of mind and reducing immediate maintenance concerns.
Enhanced Outdoor Living & Storage: A nice covered patio is perfect for gatherings, complemented by two well-arranged sheds that offer versatile options for storage or additional entertainment space.
RV Parking Capability: The inclusion of RV parking adds significant practical value and appeals to a specific segment of buyers seeking this amenity.
Convenient & Tranquil Location: Located in a tranquil neighborhood, the home offers a peaceful environment while being conveniently close to shopping centers.
Cons
Recent Price Reductions & Seller Motivation: Multiple price reductions and the seller's stated motivation for a quick response may suggest the property has been struggling to attract offers at its initial price, potentially inviting lower bids.
Property Age: Built in 1986, the home is nearly 40 years old. While some systems are updated, other original components may require future maintenance or aesthetic updates.
Modest Interior Square Footage: With 1320 sqft for a 3-bedroom, 2-bath layout, the interior living space is relatively compact, which might limit its appeal to buyers seeking more spacious homes.