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24874 Olive Hill, Moreno Valley, California 92557, Moreno Valley, 92557 - 4 bed, 3 bath

24874 Olive Hill, Moreno Valley, California 92557 home-pic-0
ACTIVE$699,000$2,977/sqft
Est. Value: $782,741
11%
BelowEstimate
24874 Olive Hill, Moreno Valley, California 92557
4Beds
3Baths
2,977Sqft
13,939Lot

Price Vs. Estimate

The estimated value ($782,740.85) is $83,740.85 (11%) higher than the list price ($699,000). This property may be underpriced.

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 = 2977.
Top Cons:
Lack of Scenic Views: The property explicitly states 'View: None,' which may be a drawback for buyers prioritizing scenic vistas or elevated perspectives.

Compared to the nearby listings

Price:$699.0K vs avg $568.5K (+$130,500)91%
Size:2,977 sqft vs avg 1,868 sqft98%
Price/sqft:$235 vs avg $3203%

More Insights

Built in 2020 (6 years old).
Condition: Built in 2020, this property is virtually new. The kitchen features modern dark cabinetry, quartz countertops, stainless steel appliances, and recessed lighting. Bathrooms are equally modern with dual vanities, contemporary fixtures, and clean tile work. Flooring consists of new wood-look laminate and carpet. All components are new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
2020
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$235
HOA
$210
Days on market
-
Sold On
-
MLS number
TR25280302
Home ConditionExcellent
Features
Patio
View-

About this home

Welcome to 24874 Olive Hill Ln in Sunny Mead Moreno Valley... You'll be greeted by a large entry way that will lead you to the first 3 bedrooms to the left which share a hallway bathroom. Continue waling straight from the entry and you'll walk to the wide open kitchen/living area which is perfect for the entertaining. This kitchen is well designed with plenty of cabinets for storage, quartz countertops, a kitchen island in the center and a walk in pantry. There is plenty of counter space to dedicate to your new Coffee Bar! The master bedroom is also located towards the rear/right for privacy. Exit onto the backyard through the patio slider and you'll be shaded from the alumawood patio. Beyond the patio, you'll find more yard space for your furry friends, playground or install your own custom pool. Come view this home with pride of ownership before it is gone!

S
Salvador Salinas
Listing Agent

Nearby schools

5/10
Sugar Hill Elementary School
Public,•K-5•0.6mi
4/10
Midland Elementary School
Public,•K-5•1.0mi
6/10
Hidden Springs Elementary School
Public,•K-5•2.0mi
3/10
Palm Middle School
Public,•6-8•1.5mi
4/10
Vista Heights Middle School
Public,•6-8•1.9mi
5/10
Canyon Springs High School
Public,•9-12•2.0mi
5/10
Valley View High School
Public,•9-12•3.1mi

Price History

Date
Event
Price
06/24/22
Sold
$640,000
05/15/20
Sold
$452,500
Condition Rating
Excellent
Built in 2020, this property is virtually new. The kitchen features modern dark cabinetry, quartz countertops, stainless steel appliances, and recessed lighting. Bathrooms are equally modern with dual vanities, contemporary fixtures, and clean tile work. Flooring consists of new wood-look laminate and carpet. All components are new or virtually new, meeting current quality standards with no 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 = 2977.
New Construction & Modern Design: Built in 2020, this home offers contemporary features, a large entry way, and an open-concept kitchen/living area, appealing to modern lifestyle preferences.
Spacious & Well-Equipped Kitchen: The kitchen is well-designed with quartz countertops, a central island, ample cabinetry, and a walk-in pantry, providing excellent functionality for cooking and entertaining.
Generous Living Space: With 4 bedrooms, 3 bathrooms, and 2977 sqft, the property offers substantial living space suitable for families, complemented by a private master suite.
Large & Versatile Backyard: The backyard features an alumawood patio and significant additional yard space, offering potential for pets, a playground, or the installation of a custom pool.
Thoughtful Layout for Privacy: The master bedroom is strategically located towards the rear/right of the home, ensuring privacy from the main living areas and other bedrooms.

Cons

Lack of Scenic Views: The property explicitly states 'View: None,' which may be a drawback for buyers prioritizing scenic vistas or elevated perspectives.
Ongoing Association Fees: The property is subject to an association fee of $210.0, representing an additional recurring monthly cost for the homeowner.
Unspecified Cooling System: While a 2020 build, the description does not explicitly mention the presence or type of cooling system, which could be a concern for buyers in a warm climate like Moreno Valley.
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