24859 Rock Springs Trail, Moreno Valley, California 92557, Moreno Valley, 92557 - 4 bed, 2 bath
ACTIVE$505,000
24859 Rock Springs Trail, Moreno Valley, California 92557
4Beds
2Baths
1,552Sqft
13,068Lot
Price Vs. Estimate
The estimated value ($245,411.355) is $259,588.645 (51%) lower than the list price ($505,000). 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 = 13068, living area = 1552.
Top Cons:
Requires Cosmetic Updates: The property 'may need some cosmetic updates,' indicating that a buyer will likely incur additional costs to modernize the interior to current standards.
Compared to the nearby listings
Price:$505.0K vs avg $575.0K ($-70,000)10%
Size:1,552 sqft vs avg 1,868 sqft30%
Price/sqft:$325 vs avg $31553%
More Insights
Built in 1981 (44 years old).
Condition: Built in 1981, this property is 43 years old and shows clear signs of its age. The kitchen features original-style wood cabinets, dated white tiled countertops, and older white appliances, along with an outdated fluorescent light fixture. The bathroom also presents an older vanity, basic lighting, and original-style tile. Throughout the home, popcorn ceilings and worn carpets are visible. While the property appears structurally sound and functional, it requires significant cosmetic updates and modernization, particularly in the kitchen and bathrooms, to meet current standards. The description itself notes it 'may need some cosmetic updates' and offers 'potential for customization,' aligning with the 'fair' criteria of being aged but maintained, with major components functional but outdated, and requiring minor to moderate updates.
Year Built
1981
Close
-
List price
$505K
Original List price
$585K
Price/Sqft
$325
HOA
-
Days on market
-
Sold On
-
MLS number
DW25129939
Home ConditionFair
Features
Pool
Patio
View-
About this home
Fantastic Opportunity in Moreno Valley. Spacious 4-bedroom, 2-bathroom single-family residence located at the end of a quiet cul-de-sac. This property features an attached 2-car garage and a generous backyard complete with a pool—ideal for outdoor enjoyment. While the home may need some cosmetic updates, it offers excellent potential for customization. Bring your paint roller and vision to transform this property into your forever home and take advantage of the opportunity to build equity. One of the best-priced homes in the area—don’t miss this chance to own a great property with endless possibilities in a desirable location.
Condition Rating
Fair
Built in 1981, this property is 43 years old and shows clear signs of its age. The kitchen features original-style wood cabinets, dated white tiled countertops, and older white appliances, along with an outdated fluorescent light fixture. The bathroom also presents an older vanity, basic lighting, and original-style tile. Throughout the home, popcorn ceilings and worn carpets are visible. While the property appears structurally sound and functional, it requires significant cosmetic updates and modernization, particularly in the kitchen and bathrooms, to meet current standards. The description itself notes it 'may need some cosmetic updates' and offers 'potential for customization,' aligning with the 'fair' criteria of being aged but maintained, with major components functional but outdated, and requiring minor to moderate updates.
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 = 13068, living area = 1552.
Desirable Cul-de-Sac Location: The property is situated at the end of a quiet cul-de-sac, offering enhanced privacy, reduced traffic, and a more serene living environment.
Private Swimming Pool: The generous backyard features a private swimming pool, providing a significant recreational amenity and enhancing the property's lifestyle appeal.
Large Lot Size: With a substantial lot size of 13,068 sqft, the property offers ample outdoor space, which is larger than many comparable homes in the area.
Attractive Price Point & Equity Potential: Described as 'one of the best-priced homes in the area' with 'opportunity to build equity,' especially after a significant price reduction from $585,000 to $505,000, making it competitive.
Customization & Renovation Potential: The home offers 'excellent potential for customization' and transformation, appealing to buyers looking to personalize their living space and add value.
Cons
Requires Cosmetic Updates: The property 'may need some cosmetic updates,' indicating that a buyer will likely incur additional costs to modernize the interior to current standards.
Significant Discrepancy in Estimated Value: The provided property estimation of $245,411 is substantially lower than the list price of $505,000, which could pose challenges with appraisal or buyer perception.
Age of Property & Potential for Outdated Systems: Built in 1981, the home is over 40 years old, suggesting that major systems (e.g., HVAC, plumbing, electrical) may be original or require updates not explicitly mentioned as completed.