21947 Dracaea Avenue, Moreno Valley, California 92553, Moreno Valley, 92553 - 4 bed, 2 bath
ACTIVE$520,000$764/sqft
Est. Value: $504,729
-2%
FairlyEstimate
21947 Dracaea Avenue, Moreno Valley, California 92553
4Beds
2Baths
764Sqft
16,117Lot
Price Vs. Estimate
The estimated value ($504,729.415) is $15,270.585 (2%) lower than the list price ($520,000). 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 = 16117, living area = 764.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Compared to the nearby listings
Price:$520.0K vs avg $520.0K (+$0)50%
Size:764 sqft vs avg 1,437 sqft1%
Price/sqft:$681 vs avg $36299%
More Insights
Built in 1950 (76 years old).
Condition: Built in 1950, the property is over 70 years old. The kitchen is significantly outdated with old appliances, worn cabinets, and basic fixtures, suggesting a renovation (if any) occurred 30-50 years ago. The main residence lacks central heating and cooling, relying on window units and wall heaters, which is a major functional deficiency. Interior finishes, including painted brick walls, are very dated. While a bathroom vanity appears somewhat updated, the overall condition requires substantial rehabilitation and system replacements to meet modern standards.
Year Built
1950
Close
-
List price
$520K
Original List price
$520K
Price/Sqft
$681
HOA
-
Days on market
-
Sold On
-
MLS number
IV25276513
Home ConditionPoor
Features
Good View: Mountain(s)
Patio
ViewMountain(s)
About this home
Situated on a generous lot with gated access and ample driveway space, the property offers privacy and room for multiple vehicles, outdoor entertaining, or future possibilities. The main residence (764 living square feet) features two bedrooms and one bathroom. The open floor plan includes a living room, a dining area, a kitchen and a laundry room. In addition, the property has a detached garage that has been converted into additional living space. The converted garage offers two bedrooms, a living room, a bathroom, and a kitchen area with a stove and sink. Conveniently located near shopping, dining and the freeway. The property also has a view to the iconic "M" on Box Springs Mountain.
N
NANCY VALDEZ JAUREGUI
Listing Agent
Price History
Date
Event
Price
03/08/01
Sold
$5,000
10/01/13
Sold
$131,000
07/29/04
Sold
$134,500
08/15/02
Sold
$110,000
Condition Rating
Poor
Built in 1950, the property is over 70 years old. The kitchen is significantly outdated with old appliances, worn cabinets, and basic fixtures, suggesting a renovation (if any) occurred 30-50 years ago. The main residence lacks central heating and cooling, relying on window units and wall heaters, which is a major functional deficiency. Interior finishes, including painted brick walls, are very dated. While a bathroom vanity appears somewhat updated, the overall condition requires substantial rehabilitation and system replacements to meet modern standards.
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 = 16117, living area = 764.
Expansive Lot & Privacy: A generous 16,117 sqft lot with gated access and ample driveway space provides significant privacy, outdoor potential, and parking for multiple vehicles.
Versatile Additional Living Space: The detached garage has been converted into a functional living unit with two bedrooms, a bathroom, living room, and kitchen area, offering multi-generational living or potential rental income.
Development/Expansion Potential: The large lot size and existing converted space offer significant flexibility for outdoor entertaining, additional structures, or future expansion (subject to local zoning).
Convenient Location: Strategically located with easy access to shopping, dining, and major freeways, enhancing daily convenience and commute times.
Scenic Mountain Views: Enjoy picturesque views of the iconic 'M' on Box Springs Mountain, adding aesthetic appeal and a unique selling point.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Age of Construction: Built in 1950, the property may require updates to systems, infrastructure, or aesthetics to meet modern standards and buyer expectations.
Small Main Residence Footprint: The main residence is only 764 square feet, which is relatively small, potentially limiting living space for larger families despite the additional converted unit.
Unpermitted Conversion Risk: The description of a 'converted garage' into living space often implies potential issues with permits and code compliance, which could lead to future legal or financial liabilities for a buyer.