2 months on rocket

16135 Palomino Ln, Moreno Valley, CA, 92551

$638,000

Home List Price

$7,576*

Closing Credit

4 Bedrooms
3 Full Baths
2,572 SqFt
$248/SqFt
House
Schools Nearby

Location

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16135 Palomino Ln, Moreno Valley$638,000

Buyer Closing Credits

$7,576*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built2003
HeatingCentral
CoolingCentral Air
FireplaceGas, Kitchen
ViewLake
MLS #TR24012279
Lot Size0.20 Acres
StatusActive

About 16135 Palomino Ln

FANTASTIC THE LAKE Community ! 0.20 ACRE PREMIUM LOT WITH PRIVATE ACCESS TO YOUR OWN DOCK AT LAKE! Build in 2003! One bedroom /Bath Downstairs. GOURMET KITCHEN with granite center island, ample cabinets and counter space, a walk-in pantry and with breakfast area and opens to the family room with a fireplace. Upstairs, Large loft, the luxurious master has a walk-in closet, and a separate tub & shower .All upstairs bedrooms are generously sized, ceiling fan throughout! Walk-in closets, and there's a convenient upstairs laundry room. The gated clubhouse, Olympic-sized pool & Spa, lake for fishing and boating, sport courts, picnic area, kids' play-grand all for a Low association fee only $64/month and Low tax rate! Easy maintenance landscape front & back yard! SUPER QUIET NICE AREA!

Property Details

Property Features

Property Information:

  • Year Built: 2003
  • Stories: 2
  • Living Area: 2,572 SqFt

Listing Office:

  • Office Name: Universal Elite Inc.
  • Office Phone: (626) 991-4849
  • Listing Agent: Jing Lian Sang

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Interior: Ceiling Fan(s), Granite Counters, Open Floorplan, Bedroom on Main Level, Walk-In Closet(s)
  • Fireplace: Gas, Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Lake

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 16135 Palomino Ln

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Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Rancho Verde High School, Public District Grades 9-12
  • Vista Verde Middle School, Public District Grades 6-8
  • Lasselle Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Near Lasselle St & Iris Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $638,000
  • Price Per SqFt: $248/SqFt

HOA Fees:

  • Amount: $64
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,285
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Moreno Valley, CA.

Med. Sold Price

$530K

Med. Price/SqFt

$301

Avg. Days On Market

23

# of Sold Homes

110

16135 Palomino Ln vs Moreno Valley

79 DAYS ON ROCKET

+56 Days

$638,000

+$108K More

$248/SqFt

-$53 Less

KEY TAKEAWAY

This property is $108K more than the Median Sold Price and $53/SqFt less than other homes in Moreno Valley, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #TR24012279

Listing Office:

  • Office Name: Universal Elite Inc.
  • Office Phone: (626) 991-4849
  • Listing Agent: Jing Lian Sang

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/12/2024, 8:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 21, 2013Home Sold
$324,000
Aug 27, 2008Home Sold
$230,000
Feb 14, 2005Home Sold
$405,000
Mar 24, 2003Home Sold
$262,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,285$366,924
2020$5,285$363,163
2018$4,925$349,063
2017$4,756$342,220

History based on county public records data.

Payment Calculator

$3,316

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,979

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1501425
4
/10
  • Lasselle Elementary School

  • 26446 Krameria Ave

  • 0.32 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1501426
5
/10
  • Vista Verde Middle School

  • 25777 Krameria St

  • 0.41 miles

  • Public District Grades 6-8

High School

school-card-donut-1501427
5
/10
  • Rancho Verde High School

  • 17750 Lasselle St

  • 1.72 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,043. Most Moreno Valley, CA residents have annual incomes between $35k-100k. Most families are married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Rancho Belago, Moreno Valley

What type of housing is available in Rancho Belago, Moreno Valley?

Around 70% of the population of this community own their home whereas renters make up the remainder. The main housing types in this part of the city are single detached homes and townhouses. A majority of the housing growth in this area has taken place following the year 2000. This part of Moreno Valley is primarily composed of three bedroom and four or more bedroom homes.

Is Rancho Belago, Moreno Valley a good place to live?

Rancho Belago offers a calm ambience and will appeal to home buyers who enjoy spending time in green spaces. This part of Moreno Valley is very quiet, as there are generally low levels of noise from traffic. Lastly, numerous locations within the community have fairly good access to green spaces, like El Potrero Park and San Jacinto Wildlife Area, and there are around 10 of them close by for residents to unwind in.

Are things conveniently located in Rancho Belago, Moreno Valley?

A fraction of home buyers in Rancho Belago may have the option to do their groceries on foot, while others will have to turn to another means of transportation. Residents are served by approximately 50 restaurants and coffee shops as well. With regards to education, locals will welcome that wherever their home is located in Rancho Belago, primary schools are close by. However, high schools are not very plentiful and thus tend to require an extended walk to get to. Besides public schools, there are private elementary and high schools.

What does the transportation in Rancho Belago, Moreno Valley look like?

Driving is very often the favored approach to get around in Rancho Belago. It is a rather short drive to the closest highway, such as Moreno Valley Freeway, from any location in this part of the city, and it is very convenient to park. On the other hand, getting around by public transit is very hard in Rancho Belago. Nonetheless, house owners have access to a few bus lines. It is inconvenient for pedestrians to get around in this area as many daily needs are challenging to carry out by walking.

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Frequently Asked Questions About 16135 Palomino Ln

What is the listing price of this property?

The listing price of 16135 Palomino Ln property is $638,000.

What type of property is this?

The property 16135 Palomino Ln is a house located in Moreno Valley, California, 92551.

Is this property for sale now?

Active Listing: 16135 Palomino Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16135 Palomino Ln are:
Lasselle Elementary School: GreatSchools Rating 4/10
Vista Verde Middle School: GreatSchools Rating 5/10
Rancho Verde High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,285 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 21, 2013 for $324,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16135 Palomino Ln has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 16135 Palomino Ln is 2,572 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16135 Palomino Ln is 2003.

Rocket HomesCaliforniaRiverside CountyMoreno Valley9255116135 Palomino Ln

This home is located at 16135 Palomino Ln in Moreno Valley, CA and zip code 92551 in the Rancho Belago neighborhood. This 2,572 square foot home, which was built in 2003, sits on a 0.20 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 24, 2024 and is currently priced at $638,000.

In March 2024, from all listings sold in Moreno Valley, CA there were more than 61 sold above asking price, over 33 sold below and more than 16 were sold right at the asked price. Between February 2024 and March 2024, Moreno Valley, CA real estate market has seen increase in the number of listings by 4%. Listings spent 23 days on the market in March 2024, and had a median list price of $530,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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