16193 Space Drive, Moreno Valley, California 92551, Moreno Valley, 92551 - 2 bed, 2 bath

16193 Space Drive, Moreno Valley, California 92551 home-pic-0
ACTIVE$497,000
16193 Space Drive, Moreno Valley, California 92551
2Beds
2Baths
970Sqft
7,841Lot
Year Built
1989
Close
-
List price
$497K
Original List price
$497K
Price/Sqft
$512
HOA
-
Days on market
-
Sold On
-
MLS number
IG25116556
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 51% below the list price. We found 3 Cons,6 Pros. Rank: price - $497.0K(26th), sqft - 970(8th), beds - 2(10th), baths - 2(37th).

SUBTO FINANCE AVAILABLE! Just in time for summer fun! Welcome to your dream family home at 16193 Space Dr in Moreno Valley! SUBTO FINANCING AVAILABLE! This beautifully upgraded gem features 2 spacious bedrooms, 2 modern bathrooms, and sits on a generous 7,841 sq. ft. lot made for entertaining. Step into a bright, open floor plan with tile flooring throughout, a cozy fireplace, and a stunning kitchen with stainless steel appliances, recessed lighting, and stylish fixtures. The updated bathrooms add a sleek, modern touch, while the spacious backyard is perfect for BBQs, gatherings, and making lifelong memories. With a 2-car attached garage and a prime location near schools, shopping, dining, and freeway access, this move-in-ready home has everything your family needs to start the next chapter, don't miss it!

Condition Rating
Good

The property, built in 1989, has undergone significant interior upgrades, including a kitchen with stainless steel appliances, recessed lighting, and white cabinets, along with updated bathrooms and consistent tile flooring throughout. These updates make the home move-in ready with no immediate renovation required, aligning with the 'Good' criteria for properties extensively renovated within the last 5-15 years. While the exterior landscaping appears neglected, the interior condition, particularly the kitchen and bathrooms, reflects a well-maintained and updated living space.
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 = 7841, living area = 970.
Upgraded & Modern Interior: The property boasts a beautifully upgraded interior, including modern bathrooms and a stunning kitchen with stainless steel appliances, recessed lighting, and stylish fixtures, offering a move-in-ready experience.
Open Floor Plan: Features a bright, open floor plan with tile flooring throughout, enhancing the sense of space and flow within the home.
Spacious & Entertaining Backyard: Sits on a generous 7,841 sq. ft. lot with a spacious backyard, ideal for BBQs, gatherings, and outdoor entertainment.
Strategic Location: Prime location near schools, shopping, dining, and freeway access, providing convenience for daily living and commuting.
Flexible Financing Option: Offers 'SUBTO FINANCE AVAILABLE' which can be a significant advantage for buyers seeking alternative financing solutions.

Cons

Significant Overpricing: The listing price of $497,000 is substantially higher than the estimated property value of $239,913.2, indicating a potential valuation mismatch that could deter buyers.
Limited Living Space: With 970 sqft, the property offers relatively small living quarters for a single-family residence, which may not appeal to all family sizes.
Fewer Bedrooms Compared to Comps: The property has 2 bedrooms, whereas several comparable properties in the immediate vicinity offer 3 bedrooms, potentially making it less competitive for families seeking more space.

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