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Sold for $666,000
  • Listed by: IRN Realty • Truman Trinh • Contact: 626-447-5100
    Bought with: KO TAI REALTY
    Tax assessed value
    $666,000

    16057 Palomino Ln, Moreno Valley, CA 92551

    4beds
    2,572sqft
    Single Family Residence
    Built in 2002
    8,712 Square Feet Lot
    $663,600 Zestimate®
    $259/sqft
    $3,667 Estimated rent

    Home value

    $663,600

    $630,000 - $697,000

    $3,667/mo

    Zestimate® history
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    What's special

    Welcome to your dream lakefront oasis in Moreno Valley! This stunning home offers breathtaking views of the serene lake, providing a tranquil backdrop for everyday living. Upon entering, you'll be captivated by the open and inviting floor plan, highlighted by elegant tile and laminate flooring that extends throughout the home. The main level features a spacious bedroom and a bathroom, providing convenience and flexibility for guests or multi-generational living. Step into the heart of the home and discover the expansive kitchen, where beautiful granite countertops adorn the crisp white cabinets. With a kitchen island and ample space for multiple dining areas, this kitchen is perfect for both casual family meals and entertaining guests. The charming fireplace adds warmth and character, creating a cozy atmosphere for gatherings. Venture outside to your own private paradise, where you can relax and unwind while taking in the picturesque lake views. Whether enjoying a morning coffee or hosting a summer barbecue, the backyard offers a peaceful retreat to savor the beauty of nature. Upstairs, you'll find a versatile loft area with a balcony, providing yet another vantage point to soak in the stunning lakefront scenery. Retreat to the spacious primary bedroom, complete with a large window framing the mesmerizing views. The luxurious primary bathroom features granite countertops and a walk-in closet, offering both style and functionality. Residents of this community enjoy access to a range of amenities, including a pool, gym, basketball courts, and private picnic areas, all included with the low HOA fee. Don't miss your chance to own this exceptional lakefront home. Schedule a private tour today and experience the epitome of lakeside living in Moreno Valley!

    Zillow last checked:

    Listing updated:

    Listed by:

    Truman Trinh DRE #02012044 626-371-5646,

    IRN Realty

    Bought with:

    JIAN LIN, DRE #01821811

    KO TAI REALTY

    Source: CRMLS,MLS#: AR24062945MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Kitchen, Laundry, Living Room, Other
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Closet, Dual Sinks, Enclosed Toilet, Granite Counters, Separate Shower, Tub Shower
    Kitchen
    • Features: Granite Counters, Kitchen Island, Kitchen/Family Room Combo, Self-closing Cabinet Doors
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Gas Oven, Gas Range, Microwave, Water Heater
    • Laundry: Washer Hookup, Gas Dryer Hookup, Upper Level
    Features
    • Balcony, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, Pantry, Recessed Lighting, Bedroom on Main Level, Walk-In Closet(s)
    • Flooring: Laminate, Tile
    • Has fireplace: Yes
    • Fireplace features: Family Room, Wood Burning
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,572 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Direct Access, Driveway, Garage Faces Front, Garage
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: Community, Association
    • Has view: Yes
    • View description: Lake, Mountain(s)
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front
    Lot
    • Size: 8,712 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 486470026
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 2002

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Fishing, Lake, Park, Sidewalks, Pool
    HOA
    • Has HOA: Yes
    • Amenities included: Fitness Center, Maintenance Grounds, Picnic Area, Pool
    • HOA fee: $66 monthly
    • HOA name: Moreno Valley Ranch
    • HOA phone: 951-485-2020
    Location
    • Region: Moreno Valley

    Financial & listing details

    • Price per square foot: $259/sqft
    • Tax assessed value: $666,000
    • Annual tax amount: $8,631
    • Date on market: 4/3/2024
    • Cumulative days on market: 127 days
    • Listing terms: Cash,Conventional,Submit
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/21/2024Sold$666,000-3.5%$259/sqft
    Source: CRMLS #AR24062945 Report a problem
    8/10/2024Pending sale$689,999$268/sqft
    Source: CRMLS #AR24062945 Report a problem
    8/10/2024Listed for sale$689,999$268/sqft
    Source: CRMLS #AR24062945 Report a problem
    4/15/2024Pending sale$689,999$268/sqft
    Source: CRMLS #AR24062945 Report a problem
    4/10/2024Price change$689,999-1.4%$268/sqft
    Source: CRMLS #AR24062945 Report a problem
    4/7/2024Price change$699,999-9.1%$272/sqft
    Source: CRMLS #AR24062945 Report a problem
    4/3/2024Listed for sale$769,999+51%$299/sqft
    Source: CRMLS #AR24062945 Report a problem
    11/23/2020Sold$510,000+10.9%$198/sqft
    Source: CRMLS #EV20221498 Report a problem
    10/29/2020Pending sale$460,000$179/sqft
    Source: REDFIN #EV20221498 Report a problem
    10/21/2020Listed for sale$460,000+17.2%$179/sqft
    Source: REDFIN #EV20221498 Report a problem
    11/16/2017Sold$392,500+1.9%$153/sqft
    Source: Agent Provided Report a problem
    9/21/2017Pending sale$385,000$150/sqft
    Source: Excellence Empire #IG17184528 Report a problem
    9/1/2017Price change$385,000-3.5%$150/sqft
    Source: Excellence Empire #IG17184528 Report a problem
    8/21/2017Pending sale$399,000$155/sqft
    Source: Excellence Empire #IG17184528 Report a problem
    8/10/2017Listed for sale$399,000+79.7%$155/sqft
    Source: Excellence Empire #IG17184528 Report a problem
    1/15/2010Sold$222,000+0.9%$86/sqft
    Source: Public Record Report a problem
    8/16/2009Listing removed$220,000$86/sqft
    Source: foreclosure.com Report a problem
    8/9/2009Listed for sale$220,000-3.9%$86/sqft
    Source: foreclosure.com Report a problem
    7/29/2009Sold$229,000-23.7%$89/sqft
    Source: Public Record Report a problem
    10/14/2008Listing removed$300,000$117/sqft
    Source: Keller Williams Realty #I08021072 Report a problem
    3/9/2008Listed for sale$300,000-42%$117/sqft
    Source: Keller Williams Realty #I08021072 Report a problem
    4/27/2006Sold$517,000+53.9%$201/sqft
    Source: Public Record Report a problem
    2/13/2004Sold$336,000+27.8%$131/sqft
    Source: Public Record Report a problem
    1/30/2003Sold$263,000$102/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,631 +9.4%$666,000 +10.6%
    2024$7,892 -0.5%$602,391 +2%
    2023$7,934 +11.1%$590,580 +13.5%
    2022$7,139 +2.2%$520,200 +2%
    2021$6,982 +22%$510,000 +24.9%
    2020$5,721 $408,357 +2%
    2019-- $400,350 +2%
    2018$5,402 +43.3%$392,500 +59%
    2017$3,770 $246,904 +2%
    2016$3,770 +2.4%$242,064 +1.5%
    2015$3,680 +2%$238,429 +2%
    2014$3,607 $233,761 +0.5%
    2013-- $232,706 +3%
    2012-- $226,000 +1%
    2011-- $223,671 -4.8%
    2010-- $235,000 -6.4%
    2009-- $251,000 -38.3%
    2008-- $407,000 -22.8%
    2007-- $527,340 +63.5%
    2006-- $322,524 -5.9%
    2005-- $342,720 +73.9%
    2003-- $197,054
    Find assessor info on the county website

    Neighborhood: Lasselle

    Nearby schools

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    Estimated market value
    $663,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $663,600