For sale

Listed by: One Foundation Realty • LINDA CASTELLANO • Contact: 951-345-5358

$465,000

12150 Formby Dr, Moreno Valley, CA 92557

2beds

975sqft

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Single Family Residence

Built in 1984

7,405 Square Feet Lot

$462,800 Zestimate^®

$477/sqft

$-- HOA

What's special

CORNER LOT WITH RV PARKING! Located north of the freeway, this charming home offers 2 bedrooms, 1 bathroom, and 975 sq ft of living space. The freshly painted interior features a large picture window that fills the living room with natural light, a cozy brick fireplace, and bamboo flooring throughout. RV parking features a concrete drive that extends into the backyard, providing plenty of space for your boat, trailer, recreational toys, or extra parking. Enjoy two lattice covered patios, a storage shed, and plenty of room to enjoy the outdoors. Additional features include refreshed front landscaping, a roof replaced in 2020, a pull down folding garage ladder for overhead storage, and no HOA.

2 days

634

48

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Rooms

Room types: Bedroom, Kitchen, Living Room

Bedroom

Features: All Bedrooms Down

Bathroom

Features: Bathroom Exhaust Fan, Bathtub, Tub Shower

Kitchen

Features: Laminate Counters

Heating

Central, Fireplace(s)

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Gas Range, Microwave, Water To Refrigerator, Water Heater
Laundry: Washer Hookup, Gas Dryer Hookup, In Garage

Features

Ceiling Fan(s), Recessed Lighting, All Bedrooms Down
Flooring: Bamboo, Tile
Doors: Sliding Doors
Windows: Blinds, Double Pane Windows
Has fireplace: Yes
Fireplace features: Gas, Living Room
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 975 sqft

Video & virtual tour

Property

Parking

Total spaces: 2
Parking features: Concrete, Driveway, Garage Faces Front, Garage, RV Access/Parking, On Street
Attached garage spaces: 2

Features

Levels: One
Stories: 1
Entry location: Front
Patio & porch: Concrete, Patio
Pool features: None
Spa features: None
Fencing: Good Condition,Wood
Has view: Yes
View description: Neighborhood

Lot

Size: 7,405 Square Feet
Features: Back Yard, Corner Lot, Front Yard, Landscaped

Details

Additional structures: Shed(s)
Parcel number: 291391001
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Single Family Residence

Materials

Drywall, Stucco
Foundation: Slab
Roof: Asphalt,Composition,Shingle

Condition

Turnkey
New construction: No
Year built: 1984

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Curbs, Street Lights, Suburban, Sidewalks
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Location

Region: Moreno Valley

Financial & listing details

Price per square foot: $477/sqft
Tax assessed value: $427,715
Annual tax amount: $5,054
Date on market: 7/15/2026
Cumulative days on market: 3 days
Listing terms: Submit
Road surface type: Paved

Estimated market value

$462,800

$440,000 - $486,000

$2,297/mo

Price history

Date	Event	Price
7/15/2026	Listed for sale	$465,000+48.6%$477/sqft
Source: CRMLS #IV26137635 Report a problem
7/24/2018	Listing removed	$1,500$2/sqft
Source: Cornerstone Professional Property Management Report a problem
7/13/2018	Listed for rent	$1,500$2/sqft
Source: Cornerstone Professional Property Management Report a problem
2/24/2006	Sold	$313,000+350.4%$321/sqft
Source: Public Record Report a problem
3/28/1997	Sold	$69,500+635.1%$71/sqft
Source: Public Record Report a problem
4/4/1996	Sold	$9,455$10/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,054 +4.3%	$427,715 +3.1%
2024	$4,846 +7.6%	$415,000 +7.9%
2023	$4,503 +9.5%	$384,645 +10%
2022	$4,110 +17%	$349,677 +18%
2021	$3,512 +11.6%	$296,337 +12%
2020	$3,146 +2.6%	$264,587 +3%
2019	$3,067 +4%	$256,880 +4%
2018	$2,948 +5.6%	$247,000 +6%
2017	$2,792	$233,000 +15.9%
2016	$2,792 +33.9%	$201,000 +19.6%
2015	$2,085 +20.7%	$168,000 +16.7%
2014	$1,728	$144,000 +39.8%
2013	--	$103,000 -1.9%
2012	--	$105,000 +1.9%
2011	--	$103,000 +7.3%
2010	--	$96,000 -12.7%
2009	--	$110,000 -48.6%
2008	--	$214,000 -33%
2007	--	$319,260 +288.3%
2006	--	$82,227 +2%
2005	--	$80,615 +3.9%
2003	--	$77,588 +2%
2002	--	$76,068 +2%
2001	$933 +1.4%	$74,577 +2%
2000	$920	$73,116

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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