16732 Tarano Ln, Moreno Valley, California 92551, Moreno Valley, 92551 - 5 bed, 3 bath
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Moreno Valley, California 92551
This Spacious Multigenerational Residence is a Strong Value Opportunity, listed at $585,000—positioned well below the $618,579 Fair Market Value by 5%. This valuation gap provides $33,579 in Instant Equity. Boasting a Condition Rating of 3, the home features an Updated Granite Kitchen, Mountain Views, and a rare Rear Roll-Up Garage Door for backyard access. With no HOA or Mello-Roos and proximity to Moreno Valley Unified schools, it balances financial efficiency with lifestyle utility. This is an ideal acquisition for Owner-Occupants or Multigenerational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16732 Tarano Ln Subject | $585,000* List Price | 5 | 3 | 1,963 | $311 | - |
A 16288 Saddlebrook Sold | $535,000 | 3 | 3 | 1,507 | $355 | 0.6 mi |
B 16825 Baltic Court Sold | $530,000 | 4 | 2 | 1,685 | $315 | 0.3 mi |
C 24780 Suburban Sold | $600,000 | 4 | 3 | 1,894 | $317 | 0.2 mi |
D 25312 Shamel Ash Sold | $579,000 | 4 | 3 | 1,672 | $346 | 0.9 mi |
E 15791 Ninya Sold | $460,000 | 4 | 3 | 1,954 | $235 | 0.9 mi |
F 16736 Secretariat Drive Sold | $570,000 | 4 | 3 | 1,811 | $315 | 0.5 mi |
G 16611 War Cloud Drive Active | $465,000 List Price | 3 | 3 | 1,931 | $241 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring several key updates that elevate it above a fair rating. Although built in 1988, the kitchen has been updated with granite countertops and stainless steel appliances, and the bathrooms have also been refreshed. The interior is clean with vaulted ceilings and functional living spaces, showing minimal wear and tear. It does not reach the 'excellent' level as it is not a brand-new construction or a total contemporary renovation, but it is in solid, updated condition for its age.
The main level includes two bedrooms and a full bathroom, offering a highly desirable setup for guests, seniors, or multi-generational living arrangements.
The absence of HOA fees and Mello-Roos taxes significantly lowers monthly carrying costs, providing a competitive edge in affordability and long-term value.
The two-car garage features a rare rear roll-up door, providing drive-through access to the backyard for additional parking, storage, or hobbyist flexibility.
At 1,963 square feet for a five-bedroom home, the individual room sizes and common areas may feel constrained compared to more modern, larger-scale floor plans.
Built in 1988, the property may require upcoming capital investments for major systems or structural components that are approaching the end of their typical lifespan.
Spacious and well-maintained 5-bedroom, 3-bath Moreno Valley home with bright interior with vaulted ceilings, formal living and dining areas, plus a separate family room with fireplace. Two bedrooms and a full bath on the main level, ideal for guests or multigenerational living. Updated kitchen with granite countertops, tile flooring and breakfast nook. Large indoor laundry room. Upstairs offers three additional bedrooms, including a primary suite with fireplace and updated bath. And a Jack-N-Jill bathroom shared by the other two bedrooms. Low-maintenance backyard. Two-car garage with rear roll-up access to backyard for added parking or storage flexibility. No HOA and no Mello-Roos taxes. Convenient location near schools, parks, shopping, and medical facilities. A must see!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 80% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,963 | 1,851 | 64% |
| Lot Size | 7,841 | 6,534 | 76% |
| Price | $585.0K | $545.0K | 69% |
| Price per sq ft | $298 | $315 | 45% |
| Built year | 1988 | 1990 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 174 | 1% |
Mar 9, 2026
$585,000
Initial Listing
Nov 22, 2023
$552,500
Public Record
Nov 20, 2014
$263,000
Public Record