25890 Iris Ave B, Moreno Valley, California 92551, Moreno Valley, 92551 - 2 bed, 3 bath
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Moreno Valley, California 92551
This Turnkey Condominium represents a Strong Value Opportunity, listed at $400,000—positioned well above the $381,620 Fair Market Value by -4%. While priced slightly above market, the property features a Good Condition Rating with a brand-new HVAC system and luxury vinyl plank flooring. The 1,444 sqft layout, private patio, and proximity to the Moreno Valley Unified district offer a high-quality lifestyle. This residence is an ideal acquisition for first-time buyers or owner-occupants seeking a low-maintenance, move-in ready home in a convenient location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25890 Iris Ave B Subject | $400,000* List Price | 2 | 3 | 1,444 | $264 | - |
A 25868 Iris Avenue B Sold | $365,000 | 2 | 3 | 1,444 | $253 | 0.0 mi |
B 25796 Iris C Sold | $400,000 | 3 | 3 | 1,599 | $250 | 0.1 mi |
C 25880 Iris Avenue A Sold | $360,000 | 2 | 2 | 1,064 | $338 | 0.0 mi |
D 25820 Iris Avenue C Sold | $409,000 | 3 | 3 | 1,597 | $256 | 0.1 mi |
E 15611 Lasselle Street 21 Sold | $418,000 | 3 | 3 | 1,644 | $254 | 0.2 mi |
F 25796 Iris A Sold | $350,000 | 2 | 2 | 1,140 | $307 | 0.1 mi |
G 15940 Lasselle 2 Sold | $450,000 | 3 | 3 | 1,674 | $269 | 0.4 mi |
H 15952 Lasselle Street Sold | $456,000 | 3 | 3 | 1,674 | $272 | 0.4 mi |
I 25882 Iris Unit B Active Under Contract | $349,900 List Price | 2 | 3 | 1,444 | $242 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006 (18 years old), this property falls within the 10-20 year age bracket for 'Good' condition. It is well-maintained and move-in ready, featuring a brand-new HVAC system and recently updated luxury vinyl plank flooring. While the kitchen cabinetry and appliances appear to be original to the build, they are functional and clean, and the fresh neutral finishes throughout support a well-maintained status.
The property features a brand-new HVAC system and updated luxury vinyl plank flooring, providing significant value and reducing immediate maintenance costs for the buyer.
At 1,444 square feet, this condo offers a generous and open layout that is considerably larger than many standard two-bedroom units, enhancing its livability.
Described as move-in ready with fresh neutral finishes and a private primary suite, the home is ideal for buyers seeking a low-maintenance, beautifully maintained residence.
The association fee of $333.38 represents a significant recurring monthly expense that may impact the overall affordability for budget-conscious buyers.
With only two bedrooms, the property may have a narrower market appeal compared to three-bedroom homes, particularly for growing families or those needing extra office space.
Your next chapter starts here. Welcome to this beautifully maintained condo in the heart of Moreno Valley, where comfort, style, and convenience come together in one move-in-ready home. From the moment you step inside, you'll appreciate the bright, open layout, updated luxury vinyl plank flooring, fresh neutral finishes, and inviting living spaces designed for both everyday living and effortless entertaining. The spacious kitchen flows seamlessly into the dining and living areas, creating the perfect space to gather with family and friends. Upstairs, you'll find generously sized bedrooms, including a private primary suite complete with its own en suite bathroom. Additional highlights include a brand-new HVAC system, providing year-round comfort and peace of mind, as well as indoor laundry, an attached garage, and a private patio that's perfect for enjoying your morning coffee or unwinding after a long day. Conveniently located near shopping, dining, parks, schools, and easy freeway access, this home offers the perfect combination of low-maintenance living and everyday convenience. Whether you're a first-time buyer, downsizing, or looking to add to your investment portfolio, this is an opportunity you won't want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,444 | 1,444 |
| Lot Size | - | - |
| Price | $400.0K | $398.8K |
| Price per sq ft | $277 | $256 |
| Built year | 2006 | 2006 |
| HOA | $333.38 | $333 |
| Days on market | 15 | 77 |
Jul 7, 2026
$400,000
Initial Listing
Feb 10, 2023
$360,000
Public Record
Mar 17, 2009
$94,000
Public Record
Jan 27, 2006
$279,000
Public Record