24637 Myers, Moreno Valley, California 92553, Moreno Valley, 92553 - 2 bed, 1 bath
ACTIVE$420,000$798/sqft
Est. Value: $387,956
-7%
AboveEstimate
24637 Myers, Moreno Valley, California 92553
2Beds
1Bath
798Sqft
13,939Lot
Price Vs. Estimate
The estimated value ($387,955.565) is $32,044.435 (7%) lower than the list price ($420,000). 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 = 13939, living area = 798.
Top Cons:
Age of Property: Built in 1949, the home is older, which may indicate a need for updates to systems (e.g., plumbing, electrical) and general maintenance, potentially incurring additional costs for a buyer.
Compared to the nearby listings
Price:$420.0K vs avg $520.0K ($-100,000)9%
Size:798 sqft vs avg 1,437 sqft1%
Price/sqft:$526 vs avg $36299%
More Insights
Built in 1949 (77 years old).
Condition: Built in 1949, this property is 75 years old with no indication of major renovations. The listing's own analysis highlights the 'Age of Property' as a weakness, explicitly stating it 'may indicate a need for updates to systems (e.g., plumbing, electrical) and general maintenance.' Crucially, there are no interior images provided, particularly for the kitchen and bathroom, which strongly suggests these areas, along with other major systems, are in very poor, outdated condition and require substantial repairs and rehabilitation. The exterior also appears dated and shows signs of deferred maintenance.
Year Built
1949
Close
-
List price
$420K
Original List price
$420K
Price/Sqft
$526
HOA
-
Days on market
-
Sold On
-
MLS number
PW25278768
Home ConditionPoor
Features
View-
About this home
Welcome to a well-situated home located in an established Moreno Valley neighborhood. This property offers a functional floor plan with comfortable living spaces, ample natural light, and a spacious yard with room for outdoor enjoyment or future possibilities. Conveniently located near schools, shopping, dining, parks, and major commuter routes, the home provides easy access for everyday living. This is a great opportunity for a homeowner or investor seeking value, location, and potential in a growing area of Moreno Valley. DO NOT DISTURB OCCUPANTS!
N
Naisa Santeyan
Listing Agent
Price History
Date
Event
Price
11/28/95
Sold
$49,500
08/02/02
Sold
$90,000
Condition Rating
Poor
Built in 1949, this property is 75 years old with no indication of major renovations. The listing's own analysis highlights the 'Age of Property' as a weakness, explicitly stating it 'may indicate a need for updates to systems (e.g., plumbing, electrical) and general maintenance.' Crucially, there are no interior images provided, particularly for the kitchen and bathroom, which strongly suggests these areas, along with other major systems, are in very poor, outdated condition and require substantial repairs and rehabilitation. The exterior also appears dated and shows signs of deferred maintenance.
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 = 13939, living area = 798.
Prime Location & Accessibility: Conveniently located near schools, shopping, dining, parks, and major commuter routes, offering excellent accessibility for everyday living.
Large Lot with Development Potential: A generous 13,939 sqft lot provides ample space for outdoor enjoyment, potential expansion, or future development opportunities such as an ADU.
Investment & Growth Opportunity: Positioned in a growing area of Moreno Valley, the property is highlighted as a strong opportunity for both homeowners and investors seeking value and future appreciation.
Established Neighborhood Setting: Located in a well-established Moreno Valley neighborhood, suggesting community stability, mature surroundings, and a desirable living environment.
Functional Layout & Natural Light: The home features a functional floor plan with comfortable living spaces and ample natural light, contributing to a pleasant living atmosphere.
Cons
Age of Property: Built in 1949, the home is older, which may indicate a need for updates to systems (e.g., plumbing, electrical) and general maintenance, potentially incurring additional costs for a buyer.
Limited Square Footage: With only 798 sqft, the property offers relatively small living spaces, which might be a constraint for larger households or those desiring more room.
Occupancy & Showing Restrictions: The 'DO NOT DISTURB OCCUPANTS!' note suggests the property is occupied, which can complicate showing schedules, impact presentation, and potentially extend the sales process.