24537 Filaree, Moreno Valley, California 92551, Moreno Valley, 92551 - 3 bed, 2 bath
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Moreno Valley, California 92551
This Fully Renovated Single-Story Residence is a Prime Investment Opportunity, listed at $560,000—positioned well below the $574,917 Fair Market Value by 2%. This valuation gap provides $14,917 in Instant Equity. Boasting a Condition Rating of 2, the home features a Modern Shaker Kitchen, Quartz Countertops, and major system upgrades to the HVAC and Plumbing. The expansive 13,068 sqft lot offers significant ADU Potential within the Moreno Valley Unified district. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey, value-rich asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24537 Filaree Subject | $560,000* List Price | 3 | 2 | 1,496 | $384 | - |
A 24338 Katrina Sold | $515,000 | 3 | 3 | 1,381 | $373 | 0.2 mi |
B 24873 Agusta Active | $565,000 List Price | 3 | 2 | 1,602 | $353 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation that includes a modern kitchen with white shaker cabinets and quartz countertops, updated bathrooms, new luxury flooring, and recessed lighting throughout. Additionally, the listing confirms major system upgrades to the HVAC, electrical, and plumbing, along with new dual-pane windows, meeting the criteria for a fully renovated home in like-new condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 1496.
The property has been fully updated with a newer kitchen, remodeled bathrooms, and critical system upgrades including HVAC, electrical, and plumbing, ensuring a move-in-ready experience for the buyer.
Sitting on a generous 13,068 sqft lot, this property offers significant outdoor space and excellent potential for future expansion or the addition of an Accessory Dwelling Unit (ADU).
The property is noted as having no specific views, which may be a disadvantage for buyers prioritizing panoramic or scenic outlooks.
Despite the extensive renovations, the original 1979 construction may still present some layout or structural characteristics typical of its era that differ from modern open-concept designs.
Large Lot ! Fully renovated! Charming updated single-story home offering comfort, style, and space. Nestled on a quiet street in Moreno Valley. This home features a newer kitchen, updated bathrooms, and major system upgrades including HVAC, electrical, plumbing, water heater, and more. Enjoy a bright and inviting interior with newer flooring, dual-pane windows, and recessed lighting throughout, creating a bright and welcoming living environment. The sliding doors lead the large backyard with covered patio, perfect for relaxing or entertaining. The expansive lot also provides excellent potential for adding an ADU or future expansion ( buyer to verify). Conveniently close to parks, shopping, dining, and major freeways. Great opportunity for homeowners and investors alike.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 1,496 | 1,811 | 34% |
| Lot Size | 13,068 | 6,534 | 98% |
| Price | $560.0K | $545.0K | 56% |
| Price per sq ft | $374 | $315 | 75% |
| Built year | 1979 | 1990 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 174 | 1% |
Apr 11, 2026
$560,000
Initial Listing
May 29, 2024
$465,000
Public Record
May 29, 2024
$440,000
Public Record
Nov 6, 2008
$50,500
Public Record