26279 Iris Ave E, Moreno Valley, California 92555, Moreno Valley, 92555 - 3 bed, 3 bath

26279 Iris Ave E, Moreno Valley, California 92555 home-pic-0
ACTIVE$405,000
26279 Iris Ave E, Moreno Valley, California 92555
3Beds
3Baths
1,544Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Community Amenities: Living in the IRIS LANDING community provides access to a 35-acre lake, large community pool, fitness centers, kayaking, fishing, paddleboarding, a resident-only recreation center, and various parks.
Top Cons:
Tenant Occupancy & Showing Restrictions: The 'do not disturb Tenant!!' instruction and reliance on virtual tours may significantly limit physical showings and thorough inspections, potentially hindering buyer interest and the sales process.

Compared to the nearby listings

Price:$405.0K vs avg $405.0K (+$0)50%
Size:1,544 sqft vs avg 1,781 sqft33%
Price/sqft:$262 vs avg $23167%

More Insights

Built in 2006 (19 years old).
Condition: Built in 2006, this property falls within the 'Good' condition criteria for its age (10-20 years old). The images show a clean, well-maintained interior with functional features like high ceilings, an open layout, and a fireplace. While the bathrooms, particularly the full bath, feature a style (light wood cabinets, basic light bar) that is somewhat dated from the early 2000s, they are clean and in good working order, not requiring immediate renovation. The carpets appear to be in fair condition, and the overall property is move-in ready. The lack of kitchen images prevents a full assessment of that area, but based on the visible parts, the property is functional and well-kept for its age.
Year Built
2006
Close
-
List price
$405K
Original List price
$419K
Price/Sqft
$262
HOA
$373
Days on market
-
Sold On
-
MLS number
SB25223010
Home ConditionGood
Features
View-

About this home

Do not disturb Tenant!! This property has 3 Bedrooms & 2.25 Baths. Step inside to high ceilings and an open-concept layout filled with natural light. The spacious kitchen flows seamlessly into the living and dining area, perfect for entertaining or relaxing with family by the fireplace. The master bedroom has a walk-in closet and dual vanity sinks in the bathroom. Laundry room downstairs. There is also a two car garage with direct access into your property. Living in the IRIS LANDING community means you will have access to an array of amenities provided by the Moreno Valley Rancho HOA: including a 35-acre lake, large community pool, fitness centers, opportunity to kayak, fish, or paddleboard, a RESIDENT ONLY recreation center, private and public parks. Tenant pays: $2695/Month. See showing remarks for virtual tour!

Nearby schools

6/10
Lasselle Elementary School
Public,K-50.5mi
7/10
Victoriano Elementary School
Public,K-50.7mi
6/10
Mary Mcleod Bethune Elementary School
Public,K-51.2mi
3/10
Armada Elementary School
Public,K-51.4mi
4/10
La Jolla Elementary School
Public,K-51.5mi
4/10
Hendrick Ranch Elementary School
Public,K-51.7mi
5/10
Moreno Elementary School
Public,K-52.3mi
4/10
Butterfield Elementary School
Public,K-52.5mi
4/10
Ridge Crest Elementary School
Public,K-52.8mi
5/10
Bear Valley Elementary School
Public,K-53.0mi
3/10
Cloverdale Elementary School
Public,K-53.7mi
5/10
Valley View Elementary School
Public,K-67.8mi
5/10
Clayton A. Record, Jr., Elementary School
Public,K-514.3mi
4/10
Vista Verde Middle School
Public,6-80.8mi
3/10
Landmark Middle School
Public,6-81.3mi
4/10
March Middle School
Public,6-81.8mi
3/10
Mountain View Middle School
Public,6-82.6mi
3/10
Palm Middle School
Public,6-83.8mi
3/10
Mountain Shadows Middle School
Public,7-86.0mi
2/10
Pinacate Middle School
Public,7-89.0mi
4/10
Monte Vista Middle School
Public,6-815.5mi
5/10
Vista Del Lago High School
Public,9-120.7mi
6/10
Rancho Verde High School
Public,9-122.2mi
5/10
Valley View High School
Public,9-122.7mi
6/10
Citrus Hill High School
Public,9-127.8mi
4/10
Heritage High School
Public,9-1211.0mi
4/10
San Jacinto High School
Public,9-1215.2mi

Price History

Date
Event
Price
11/14/12
Sold
$105,000
08/24/07
Sold
$310,000
Condition Rating
Good

Built in 2006, this property falls within the 'Good' condition criteria for its age (10-20 years old). The images show a clean, well-maintained interior with functional features like high ceilings, an open layout, and a fireplace. While the bathrooms, particularly the full bath, feature a style (light wood cabinets, basic light bar) that is somewhat dated from the early 2000s, they are clean and in good working order, not requiring immediate renovation. The carpets appear to be in fair condition, and the overall property is move-in ready. The lack of kitchen images prevents a full assessment of that area, but based on the visible parts, the property is functional and well-kept for its age.
Pros & Cons

Pros

Extensive Community Amenities: Living in the IRIS LANDING community provides access to a 35-acre lake, large community pool, fitness centers, kayaking, fishing, paddleboarding, a resident-only recreation center, and various parks.
Modern Interior Design: The property features high ceilings, an open-concept layout filled with natural light, a spacious kitchen seamlessly flowing into living/dining areas, a cozy fireplace, and a master bedroom with a walk-in closet and dual vanity sinks.
Immediate Rental Income: Currently tenant-occupied at $2695/month, this property offers immediate rental income, making it attractive for investors or buyers seeking a future income stream.
Practical Home Features: Convenient features include a downstairs laundry room and a two-car garage with direct access, enhancing daily living and functionality.
Good School Proximity: The property is located near several well-rated schools, including Victoriano Elementary (7/10), Rancho Verde High (6/10), and Vista Del Lago High (5/10), which is beneficial for families.

Cons

Tenant Occupancy & Showing Restrictions: The 'do not disturb Tenant!!' instruction and reliance on virtual tours may significantly limit physical showings and thorough inspections, potentially hindering buyer interest and the sales process.
Significant Monthly HOA Fees: A substantial monthly association fee of $373.0 adds a considerable recurring cost to homeownership, which could be a deterrent for some buyers.
Recent Price Reduction: The recent price reduction from $419,000 to $405,000 could indicate the property was initially overpriced or is struggling to attract offers, potentially affecting buyer perception of its market value.

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