24615 Bay, Moreno Valley, California 92553, Moreno Valley, 92553 - 2 bed, 2 bath
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Moreno Valley, California 92553
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $500,000—positioned well below the $509,712 Fair Market Value by 1.9%. This valuation gap offers $9,712 in Instant Equity for the buyer. Featuring a Mint Condition Rating with recent renovations including new appliances and flooring, this home offers a stress-free transition. Situated on a large 6,970 sqft corner lot within the Moreno Valley Unified district, it provides significant lifestyle appeal. This is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24615 Bay Subject | $500,000* List Price | 2 | 2 | 1,091 | $467 | - |
A 13634 Vellanto Way Sold | $505,000 | 2 | 2 | 1,082 | $467 | 0.2 mi |
B 14234 Casco Court Sold | $500,000 | 2 | 2 | 1,002 | $499 | 0.6 mi |
C 25289 Old Farm Street Sold | $545,000 | 3 | 2 | 1,186 | $460 | 0.7 mi |
D 24830 Lukewood Sold | $540,000 | 3 | 2 | 1,161 | $465 | 0.5 mi |
E 24404 Bay Sold | $525,000 | 3 | 2 | 1,177 | $446 | 1.0 mi |
F 25143 Sugar Hill Sold | $507,000 | 3 | 2 | 1,186 | $427 | 0.5 mi |
G 24928 Basswood Pending | $539,500 List Price | 3 | 2 | 1,116 | $483 | 0.3 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 (likely <2 years) featuring new stainless steel kitchen appliances, updated countertops, new flooring, fresh interior/exterior paint, and new fixtures. Despite the 1985 build date, the interior is in mint, move-in ready condition with no immediate maintenance required.
The property is move-in ready featuring extensive recent updates including fresh interior and exterior paint, new flooring, and new appliances, reducing immediate maintenance costs for the buyer.
Situated on a generous 6,970 sqft corner lot, the home offers enhanced privacy and a large, flat backyard with significant potential for ADU construction, gardening, or outdoor entertaining.
Recent upgrades to bathroom countertops, kitchen and bathroom faucets, and new ceiling fans provide a contemporary aesthetic that appeals to modern buyer preferences.
The property was recently sold within the past year on 2026-04-06. The sold price is $350,000.00.
At 1,091 square feet, the interior footprint is relatively compact for a detached residence, which may limit its appeal to larger families or those requiring more storage.
The property listing explicitly notes a lack of views, which may be a disadvantage compared to other Moreno Valley properties that offer mountain or city light vistas.
Beautifully updated 2 bedroom, 2 bathroom corner-lot home in Moreno Valley! This move-in ready property features fresh interior and exterior paint, updated flooring, new bathroom countertops, new ceiling fans, new kitchen and bathroom faucets, and new appliances. The front landscaping has been refreshed for great curb appeal, while the large, flat backyard offers plenty of room for entertaining, pets, gardening, or future possibilities. Clean, updated, and ready for its next owner — this is a great opportunity you won’t want to miss!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,091 | 1,782 |
| Lot Size | 6,970 | 6,970 |
| Price | $500.0K | $550.3K |
| Price per sq ft | $458 | $321 |
| Built year | 1985 | 1989 |
| HOA | $0 | $132 |
| Days on market | 22 | 58 |
Jun 30, 2026
$500,000
Initial Listing
Apr 6, 2026
$350,000
Public Record
Aug 24, 2001
$100,000
Public Record