Moreno Valley Investment Home located on Hollyhock Drive, Moreno Valley, California 92551
Bank Owned Home listed for 59 days as of 8/26/11.
This property has been in escrow two times in the last 59 days. (Now active status again).
This Moreno Valley Investment Home is Really only 3 bedrooms as it has a room conversion in the garage that does not have a closet. Although it is not a 4 bedroom the bonus room is a nice feature.
Clean with new carpet and covered patio in back. 3 Bedrooms, 2 Baths, 1540 sq. ft., Single Story, Built in 1990
Tax rate is low, 1.1%
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Backup, and Sold properties in the same location are below with explanation.
#7 is the subject property
#1 is the lowest comparable and went into pending status on 7/18/11 - This home had missing flooring and evidence of a small fire in the bedroom
#5 is a closed sale and closed on 7/18/11 at $159,000
#6 is the closest in proximity and is the same floor-plan, Standard Sale, and is a pending sale originally priced at $159,000
(I only used comparable properties that were near the same square footage),
My Professional Opinion: I feel that this one will sell at $127,000 by a financed buyer and $120,000 for cash.
An investor would be able to rent this property for $1500.00 per month and repairs are extremely minimal making this home a good investment.
Call or e-mail me for even more specific data that meets your search criteria. Want same data for a different City or area?...just let me know!
Jane Grant Broker of Record for Southwest Real Estate, Toll Free: 866-621-0155
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Investment Homes Riverside County
Moreno Valley Investment Homes
Contact me for information regarding Homes in Riverside County, Real Estate in Southwest Riverside County. My office is in Temecula, and I specialize in selling homes in the Murrieta and Temecula, Wine County, De Luz, La Cresta, Bear Creek, Murrieta, Wildomar and Menifee, Canyon Lake, Canyon Hills, Lake Elsinore areas! Anywhere in Southwest Riverside County and North San Diego County.
Broker of Record- DRE 01109492
Southwest Real Estate, Inc.
Temecula Homes For Sale
Riverside County Homes For Sale
Courtesy of Cal Pacific Properties
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