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Sold for $353,000
  • Listed by: FORMATIC PROPERTY MANAGEMENT • CESAR ROLDAN • Contact: 951-444-0341
    Bought with: Prestige Real Estate Group
    $353,000

    12820 Ross St, Moreno Valley, CA 92553

    3beds
    1,206sqft
    Single Family Residence
    Built in 1957
    7,841 Square Feet Lot
    $481,500 Zestimate®
    $293/sqft
    $2,558 Estimated rent

    Home value

    $481,500

    $457,000 - $506,000

    $2,558/mo

    Zestimate® history
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    What's special

    Open-concept masterpieceAmple roomMoreno valleySpacious layoutCentral acCentral air conditioning
    Fantastic Fixer Upper Opportunity in Moreno Valley! Welcome to an incredible investment opportunity! Location: 12820 Ross Street, Moreno Valley, CA 92553 3 Bedrooms 1 Full Bath Bonus Room 1,206 SqFt Built-in 1957 Central AC Ample Land Ideal for an ADU (Accessory Dwelling Unit) Spacious Layout: With over 1,200 sqft of space, there's ample room to unleash your creativity and design a modern, open-concept masterpiece that prospective buyers will absolutely love. 1957 Built: This property offers you the exciting opportunity to breathe new life into a piece of history, all while enjoying the benefits of modern upgrades. Central AC: Stay cool during those scorching California summers with the added comfort and desirability of central air conditioning. ADU Potential: The generous land accompanying this property is a perfect canvas for an Accessory Dwelling Unit (ADU). Not only does this enhance your investment's value, but it also offers versatility for various needs. Rental Potential: For buy-and-hold investors, this property can fetch an impressive rental income of approximately $2,400 per month, ensuring steady cash flow. Investment Opportunity: Priced at just $350,000, this property presents an outstanding chance to realize a substantial return on your investment. Whether you're an experienced investor or dipping your toes into the world of flipping homes, this project is tailor-made for those seeking to craft a modern, desirable residence in a prime location. Property Sold in Current Condition "AS-IS" – No Repairs or Credits Offered. Don't wait! With the potential to transform this property into a lucrative asset, the time to act is now.

    Zillow last checked:

    Listing updated:

    Listed by:

    CESAR ROLDAN DRE #02061889 951-444-0341,

    FORMATIC PROPERTY MANAGEMENT

    Bought with:

    Johanna Ruiz, DRE #01749179

    Prestige Real Estate Group

    Source: CRMLS,MLS#: IV23184346MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Rooms
    • Room types: Bonus Room
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,206 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front of property
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,841 Square Feet
    • Features: Front Yard, Yard
    Details
    • Parcel number: 481222005
    • Zoning: R2
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1957

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: Moreno Valley

    Financial & listing details

    • Price per square foot: $293/sqft
    • Tax assessed value: $360,060
    • Annual tax amount: $4,231
    • Date on market: 10/3/2023
    • Cumulative days on market: 6 days
    • Listing terms: Cash,Conventional,1031 Exchange

    Price history

    DateEventPrice
    11/3/2023Sold$353,000+0.9%$293/sqft
    Source: CRMLS #IV23184346 Report a problem
    10/10/2023Pending sale$350,000$290/sqft
    Source: CRMLS #IV23184346 Report a problem
    10/3/2023Listed for sale$350,000$290/sqft
    Source: CRMLS #IV23184346 Report a problem
    6/12/2019Listing removed$1,395$1/sqft
    Source: Formatic Property Management, Inc. Report a problem
    6/6/2019Listed for rent$1,395$1/sqft
    Source: Formatic Property Management, Inc. Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,231 +3.3%$360,060 +2%
    2024$4,097 +231.9%$353,000 +605.4%
    2023$1,234 +74.7%$50,040 +2%
    2022$707 +6.6%$49,059 +2%
    2021$663 +9.6%$48,098 +1%
    2020$605 -43.6%$47,606 +2%
    2019$1,073 +6.1%$46,673 +2%
    2018$1,011 +42.6%$45,759 +2%
    2017$709 $44,862 +2%
    2016$709 -17.7%$43,984 +1.5%
    2015$862 +62.9%$43,325 +2%
    2014$529 $42,478 +0.4%
    2013-- $42,288 +2%
    2012-- $41,459 +2%
    2011-- $40,647 +0.7%
    2010-- $40,346 -0.2%
    2009-- $40,444 +2%
    2008-- $39,652 +2%
    2007-- $38,875 +2%
    2006-- $38,114 +2%
    2005-- $37,368 +3.9%
    2003-- $35,965 +2%
    2002-- $35,261 +2%
    2001$432 +1.5%$34,571 +2%
    2000$426 $33,894
    Find assessor info on the county website

    Neighborhood: Ramona

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Sunnymead
    • High: Moreno Valley

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $481,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $481,500