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10278 Coral Lane

10278 Coral Lane, Moreno Valley, CA 92557
Property in Moreno Valley
Sold Jul 24, 2018
$415,000
$246,000 by Broker Solutions Inc
Mortgage Due Jan 01, 2051
Sold Sep 20, 2002
$229,000
$182,984 by World Svgs Bank Fsb
Mortgage Due Oct 15, 2032
10278 Coral Lane in Moreno Valley, CA was first built in 2002 and is 22 years old. Although, the building on the property was most recently renovated and altered in 2003. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 10278 Coral Lane has 2,696 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,227 square feet.

Learn more about the property and building on this page. The roof of the home is made of tile. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 412 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10278 Coral Lane sold most recently in Apr 23, 2018 for a total of $415,000. If you work out the math, that's approximately a cost of $127.38 per sqft. Before that, the property was also sold for $229,000 in Aug 1, 2002. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,160 in taxes each year. 10278 Coral Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $444,959. If we break it down further, the land itself was valued at $75,047. Improvements to the property, however, were assessed at a total of $369,912. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 412
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 3,258
  • Gross Building Area: 3,258
  • Building Area: 2,696
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,696
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 29761
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .12 ACRES IN LOT 44 MB 319/099 TR 29761

Ownership

  • Current Owner : LAU MICHAEL DOMINIC M H
  • Current Owner 2: LAU MAGDALENE MEIWAH YAN
  • Previous Owner : KIM MOON S
  • Previous Owner 2: KIM DOO S
  • Owner Before Previous Owner: D R HORTON LOS ANGELES HOLDING CO
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Moreno Valley Unified School District
  • Census Tract: 042410

Geography

  • Subdivision Tract Number: 29761
  • Parcel: 260-472-001
  • Lot: 44
  • Municipality: MORENO VALLEY
  • Latitude: 33.9719
  • Longitude: -117.254

    Address

  • Full Address: 10278 Coral Ln
  • Address - House Number: 10278
  • Address - Street Name: Coral
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Moreno Valley
  • Carrier Code: C050
  • 4-Digit Zip Code: 2875
  • Zip Code: 92557

Valuation

    Tax

  • Total Area: 2,696
  • Tax Year: 2023
  • Tax Amount: $6,160
  • Tax Rate Code Area: 021-293

    Appraisal Valuation

  • Standard Deviation: 0.1759
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 77
  • Final Value: 636,499
  • High Value: 748,481
  • Low Value: 524,518

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $246,000
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Jan 04, 2021
  • First Open Lien Mortgage Loan Amount: $246,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $478,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $444,959
  • Assessed Land Value: $75,047
  • Assessed Improvements Value: $369,912

    Sales

  • Current Sale Contract Date: Apr 23, 2018
  • Current Sale Recording Date: Jul 24, 2018
  • Current Sale Transaction ID: 11483929610
  • Current Sale Price: $415,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018-0297362
  • Previous Sale Recording Date: Sep 20, 2002
  • Previous Sale Contract Date: Aug 01, 2002
  • Previous Sale Amount: $229,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NMSI INC
  • First Mortgage Transaction Date: Jul 24, 2018
  • First Mortgage Loan Amount: $243,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: WORLD SVGS BANK FSB
  • Previous Mortgage Transaction Date: Sep 20, 2002
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $182,984
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Oct 15, 2032

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Frequently Asked Questions

What neighborhood is 10278 Coral Lane located in?
The 10278 Coral Lane is a located in the neighborhood of Moreno Valley in Moreno Valley, Moreno Valley.
What is the average sales price for listings in 10278 Coral Lane?
The average sales price for units in 10278 Coral Lane is $0 currently.

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