23642 Tonada, Moreno Valley, California 92557, Moreno Valley, 92557 - 5 bed, 3 bath
23642 Tonada
Moreno Valley, California 92557
Property Price
SUMMARY
Analysis of 23642 Tonada, Moreno Valley, California 92557 reveals a Fairly Priced Property with a current list price of $649,900 aligned with the estimated $650,920 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Moreno Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23642 Tonada Subject | $649,900* List Price | 5 | 3 | 2,286 | $285 | - |
A 23426 Mariner Way Sold | $610,000 | 5 | 3 | 2,696 | $226 | 0.6 mi |
B 10479 Sagecrest Drive Sold | $649,000 | 5 | 3 | 2,026 | $320 | 0.8 mi |
C 10199 Caribou Sold | $656,000 | 4 | 3 | 2,623 | $250 | 0.5 mi |
D 23209 Freesia Place Sold | $550,000 | 3 | 3 | 2,162 | $254 | 0.6 mi |
E 10640 Pepper Ridge Lane Sold | $520,000 | 3 | 3 | 1,709 | $304 | 0.3 mi |
F 23638 Airosa Place Pending | $629,000 List Price | 5 | 3 | 2,286 | $275 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1988, the property has undergone an extensive recent renovation within the last 5 years, featuring a fully remodeled kitchen with custom granite and cabinetry, updated bathrooms, new HVAC, a new water heater, and paid-off solar. The interior shows like a model home with high-end tile and wood flooring, custom casings, and stainless steel appliances, meeting the criteria for a top-tier turnkey condition.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency
The property features a fully paid-off solar system, offering the new homeowner significant long-term savings on electricity costs and increasing overall property value.
- Turnkey Condition
Extensively remodeled with a custom granite kitchen, updated bathrooms, new HVAC, and fresh interior paint, providing a move-in-ready experience that shows like a model home.
- Versatile Floor Plan
The layout includes a highly sought-after bedroom and full bathroom on the first floor, perfect for multi-generational living, guests, or a dedicated home office.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
With a lot size of approximately 5,227 square feet, the outdoor space is relatively compact for a large five-bedroom residence, which may limit some recreational activities.
- Property Age
Built in 1988, the home is nearly 40 years old; while the interior is beautifully updated, buyers may still face maintenance needs associated with older structural components.
- Moderate School Ratings
While located in a distinguished district, the specific assigned schools have ratings ranging from 3 to 6, which may be a drawback for families prioritizing top-tier academic scores.
About 23642 Tonada
MUST SEE! UNIQUE TURNKEY EXECUTIVE MORENO VALLEY GEM! CUSTOM HOME! PAID OFF SOLAR!!! This Upgraded Home IS ONE OF THE MOST GORGEOUS PROPERTIES LISTED IN MORENO VALLEY FOR THE PRICE! VIEWS VIEWS VIEWS!!!! GORGEOUS OPEN FLOOR PLAN, 5 Bedroom 3 Bath Home SHOWS BEAUTIFULLY! HIGHLY SOUGHT AFTER BEDROOM & BATHROOM ON FIRST FLOOR! CURRENTLY BEING USED AS AN OFFICE! Located Within A CALIFORNIA DISTINGUISHED SCHOOL DISTRICT! The Nice-Sized Backyard is An Entertainers Dream! CUSTOM BUILT IN PLACE BBQ AREA AND ALL THE NECESSITIES, WRAP AROUND Hardscape, ARTIFICIAL TURF, Your Home Search Is COMPLETE! THIS IS AN EXTREMELY CUSTOM LOT FOR THIS COMMUNITY! Property Located in ONE OF THE MOST SOUGHT-AFTER FAMILY FRIENDLY Neighborhoods In Moreno Valley Hills. Only Steps Away From Walking Trails, This Property SHOWS LIKE A MODEL HOME! This UPGRADED EXECUTIVE PROPERTY Includes UPGRADES Throughout, REMODELED KITCHEN WITH CUSTOM GRANITE COUNTERS AND CUSTOM CABINETRY, STAINLESS STEEL APPLIANCES, CUSTOM TILE AND WOOD FLOORING THROUGHOUT, UPDATED AND REMODELED BATHROOMS, NEW WATER HEATER, CUSTOM WOOD CASINGS THROUGHOUT, UPDATED HVAC, NEW CLOSET DOORS, NEW INTERIOR PAINT, AND MORE. This Home is TRULY A SPECIAL PROPERTY. CONVENIENTLY LOCATED CLOSE TO FWYS, SCHOOLS, SHOPPING, PARKS, WALKING TRAILS AND RESTAURANTS...THIS WILL GO FAST!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Moreno Valley Unified Schools
Hidden Springs Elementary School
Grades K-5 • 0.7 mi
Sugar Hill Elementary School
Grades K-5 • 0.7 mi
Midland Elementary School
Grades K-5 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 90% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,286 | 1,817 | 81% |
| Lot Size | 5,227 | 7,841 | 15% |
| Price | $649.9K | $565.0K | 84% |
| Price per sq ft | $284 | $323 | 32% |
| Built year | 1988 | 1987 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 177 | 3% |
Pricing History
Listed for Sale
Jan 23, 2026
$649,900
Initial Listing
Sold
Sep 27, 2021
$550,000
Public Record
Sold
Jul 7, 2016
$360,000
Public Record
Sold
Oct 10, 1996
$131,000
Public Record