16151 Nippet Lane, Moreno Valley, California 92551, Moreno Valley, 92551 - 3 bed, 2 bath

16151 Nippet Lane, Moreno Valley, California 92551 home-pic-0

16151 Nippet Lane

Moreno Valley, California 92551

ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
2Baths
1,329Sq Ft
7,405Lot Size

Property Price

LIST PRICE$465,000
EST. MARKET VALUE
$489,998
5% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$489,998 +$24,998 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Moreno Valley.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
16151 Nippet Lane
Subject
$465,000*
List Price
321,329$369-
A
15776 Bluechip
Sold
$456,000321,060$4300.2 mi
B
16170 Space Drive
Sold
$505,000321,329$3800.0 mi
C
25380 Ivory Avenue
Sold
$520,000321,329$3910.1 mi
D
15756 Farmstead Street
Sold
$480,000321,060$4530.4 mi
E
25625 Pacato
Sold
$479,500321,411$3400.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1989, this 35-year-old home is well-maintained and features some functional upgrades such as energy-efficient windows, sliding doors, and a low-maintenance turf backyard. However, the property falls into the 'fair' category as the interior finishes, particularly in the kitchen and bathrooms, likely remain original or dated, requiring cosmetic modernization to meet current market standards.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 1329.

  • Energy-Efficient Upgrades

    The property features updated windows and sliding doors throughout, which significantly enhance energy efficiency and provide abundant natural light to the living spaces.

  • Low-Maintenance Outdoor Living

    The spacious 7,405 sq ft lot includes a professional turf backyard, offering a drought-resistant and easy-to-maintain space perfect for Southern California entertaining.

CONSRISKS & DEFICIENCIES

  • Compact Interior Square Footage

    At 1,329 square feet for a three-bedroom home, the interior living areas and bedrooms may feel somewhat small for families requiring more expansive space.

  • Potential for Cosmetic Updates

    Built in 1989, the home may require additional investment to modernize original interior finishes in the kitchen and bathrooms to meet current market trends.

About 16151 Nippet Lane

Welcome home to this inviting single-story 3 bedroom and 2 bath home on a spacious 7,405 sq ft lot. Built in 1989, this home features updated windows throughout, including sliding doors that fill your living spaces with natural light and improved energy efficiency. Enjoy year-round comfort with central A/C system and an updated garage door opener for added convenience. Unwind or entertain in your low-maintenance turf backyard, perfect for weekend gatherings or quiet evenings at home. With no HOA and a functional single-level layout, this home fits anyone ready for easy Southern California living. Ideally located near shopping, dining, parks, and commuter access.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1989
Lot Size
7,405 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
44%
Baths2.03.0
47%
Square foot1,3291,852
26%
Lot Size7,4056,534
60%
Price$465.0K$545.0K
9%
Price per sq ft$350$304
67%
Built year19891990
44%
HOA$0$0
50%
Days on market18178
1%

Pricing History

Listed for Sale

Feb 17, 2026

$465,000

Initial Listing

Sold

Jun 25, 2010

$135,000

Public Record

Sold

Nov 4, 2003

$185,000

Public Record

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