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Sold for $670,000
  • Listed by: Re/Max Time Realty • Wuilfrido Martinez • Contact: 951-323-3223
    Bought with: First Family Homes
    $670,000

    16015 Palomino Ln, Moreno Valley, CA 92551

    5beds
    2,319sqft
    Single Family Residence
    Built in 2002
    0.34 Acres Lot
    $678,400 Zestimate®
    $289/sqft
    $3,754 Estimated rent

    Home value

    $678,400

    $611,000 - $753,000

    $3,754/mo

    Zestimate® history
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    What's special

    Waterfront retreatBreathtaking lake views
    Lakefront Living at Its Finest! Welcome to your dream waterfront retreat! This stunning 5-bedroom, 3-bathroom home sits on a spacious 14,810 sq ft lot with breathtaking lake views and direct access to kayaking and boating—right from your backyard. Enjoy the serenity of water living combined with modern upgrades throughout the home. Featuring paid-off solar panels for energy efficiency and low HOA fees, this property also grants access to exclusive amenities including a clubhouse, pool, spa, gym, and fishing areas. Whether you’re entertaining or unwinding, this home offers the perfect blend of luxury and lifestyle. Don’t miss this rare opportunity—lakefront homes like this don’t come often!

    Zillow last checked:

    Listing updated:

    Listed by:

    Wuilfrido Martinez DRE #02043355 951-323-3223,

    Re/Max Time Realty

    Bought with:

    Branko Gardilcic, DRE #01223008

    First Family Homes

    Source: CRMLS,MLS#: IG25113739MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Kitchen, Laundry, Living Room
    Bathroom
    • Features: Bathtub
    Kitchen
    • Features: Granite Counters
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Gas Range
    • Laundry: Gas Dryer Hookup
    Features
    • Balcony, Granite Counters
    • Flooring: Laminate
    • Doors: Sliding Doors
    • Windows: Double Pane Windows
    • Has fireplace: Yes
    • Fireplace features: Gas, Multi-Sided
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,319 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Door-Multi, Driveway, Garage
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Patio & porch: Deck, Patio
    • Exterior features: Dock
    • Pool features: Association
    • Spa features: None
    • Fencing: Wrought Iron
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake, Lake Privileges
    Lot
    • Size: 0.34 Acres
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 486470019
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Drywall
    • Foundation: Permanent
    • Roof: Tile
    Condition
    • Updated/Remodeled,Turnkey
    • New construction: No
    • Year built: 2002

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Lake
    • Security: Carbon Monoxide Detector(s)
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Pool
    • HOA fee: $75 monthly
    • HOA name: Moreno Valley Ranch
    • HOA phone: 951-485-2020
    Location
    • Region: Moreno Valley

    Financial & listing details

    • Price per square foot: $289/sqft
    • Tax assessed value: $453,524
    • Annual tax amount: $8,197
    • Date on market: 5/21/2025
    • Cumulative days on market: 43 days
    • Listing terms: Cash to New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/12/2025Sold$670,000$289/sqft
    Source: CRMLS #IG25113739 Report a problem
    8/1/2025Pending sale$670,000$289/sqft
    Source: CRMLS #IG25113739 Report a problem
    7/26/2025Price change$670,000+6.4%$289/sqft
    Source: CRMLS #IG25113739 Report a problem
    6/6/2025Pending sale$629,888$272/sqft
    Source: CRMLS #IG25113739 Report a problem
    5/22/2025Listed for sale$629,888+22.3%$272/sqft
    Source: CRMLS #IG25113739 Report a problem
    3/31/2025Sold$515,000+61.4%$222/sqft
    Source: CRMLS #PW25018414 Report a problem
    12/26/2003Sold$319,000+48.7%$138/sqft
    Source: Public Record Report a problem
    10/31/2002Sold$214,500$92/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,197 +24%$453,524 +2%
    2024$6,611 +7%$444,632 +2%
    2023$6,176 -5.8%$435,915 +2%
    2022$6,559 +10.1%$427,368 +2%
    2021$5,959 -2.2%$418,989 +7.5%
    2020$6,091 +6%$389,917 +3%
    2019$5,746 +3.6%$378,560 +4%
    2018$5,544 +4.2%$364,000 +5.8%
    2017$5,318 $344,000 +8.5%
    2016$5,318 +13.9%$317,000 +7.8%
    2015$4,667 +3%$294,000 +5%
    2014$4,532 $280,000 +6.9%
    2013-- $262,000 +14.4%
    2012-- $229,000 -3%
    2011-- $236,000 +6.8%
    2010-- $221,000 -3.5%
    2009-- $229,000 -33.7%
    2008-- $345,292 +2%
    2007-- $338,523 +2%
    2006-- $331,886 +2%
    2005-- $325,380 +52%
    2003-- $214,000
    Find assessor info on the county website

    Neighborhood: Lasselle

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Vista Verde
    • High: Rancho Verde

    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
    $678,400
    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
    $678,400