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22418 Sherman Avenue

22418 Sherman Avenue, Moreno Valley, CA 92553
Property in Edgemont
Sold Aug 18, 2014
$162,000
Sold Dec 03, 2008
$88,000
$66,000 by Metrociti Mortgage Llc
Mortgage Due Dec 01, 2038
22418 Sherman Avenue has been categorized by the local assessors in Moreno Valley, CA as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 22418 Sherman Avenue has 982 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,712 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 396 sqft. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of gravel/rock. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Jul 17, 2014 for $162,000. That's $158.20 per sqft. Prior to that sales transaction, the property was also sold in Oct 24, 2008 for $88,000. 22418 Sherman Avenue was last assessed in 2023. The total value of the property was assessed at $187,133. Specifically, the land the property is located on was valued at $51,979. While improvements on the property were assessed at a total of $135,154. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,375. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 396
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 1,024
  • Gross Building Area: 1,024
  • Building Area: 982
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 982
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HALVERSON TR 2
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 47 MB 026/089 HALVERSON TR 2

Ownership

  • Current Owner : ALVAREZ CARLOS
  • Current Owner 2: ALVAREZ REYNA
  • Previous Owner : TOSCANO STEVE N
  • Previous Owner 2: ROMERO TOSCANO TERESA
  • Owner Before Previous Owner: AVELO MORTGAGE LLC
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Moreno Valley Unified School District
  • Census Tract: 042505

Zoning

  • Zoning: R2

Geography

  • Subdivision Tract Number: 2
  • Parcel: 291-182-022
  • Lot: 47
  • Municipality: MORENO VALLEY
  • Latitude: 33.9193
  • Longitude: -117.271

    Address

  • Full Address: 22418 Sherman Ave
  • Address - House Number: 22418
  • Address - Street Name: Sherman
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Moreno Valley
  • Carrier Code: C031
  • 4-Digit Zip Code: 8328
  • Zip Code: 92553

Valuation

    Tax

  • Total Area: 982
  • Tax Year: 2023
  • Tax Amount: $2,375
  • Tax Rate Code Area: 021-006

    Appraisal Valuation

  • Standard Deviation: 0.1947
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 74
  • Final Value: 421,383
  • High Value: 503,451
  • Low Value: 339,314

    Market Valuation

  • Market Total Value: $266,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $187,133
  • Assessed Land Value: $51,979
  • Assessed Improvements Value: $135,154

    Sales

  • Current Sale Contract Date: Jul 17, 2014
  • Current Sale Recording Date: Aug 18, 2014
  • Current Sale Transaction ID: 1038452847
  • Current Sale Price: $162,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2014-0312412
  • Previous Sale Recording Date: Dec 03, 2008
  • Previous Sale Contract Date: Oct 24, 2008
  • Previous Sale Amount: $88,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROADVIEW MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 18, 2014
  • First Mortgage Loan Amount: $159,065
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2044
  • Second Mortgage Lender: CALIFORNIA HOUSING FINANCE AGE
  • Second Mortgage Loan Amount: $4,860
  • Second Mortgage Terms: 360

    Previous Mortgages

  • Previous Mortgage Lender: METROCITI MORTGAGE LLC
  • Previous Mortgage Transaction Date: Dec 03, 2008
  • Previous Mortgage Loan Amount: $66,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2038

About Moreno Valley



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Frequently Asked Questions

What neighborhood is 22418 Sherman Avenue located in?
The 22418 Sherman Avenue is a located in the neighborhood of Edgemont in Moreno Valley, Moreno Valley.
What is the average sales price for listings in 22418 Sherman Avenue?
The average sales price for units in 22418 Sherman Avenue is $0 currently.

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