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24731 Merit Court

24731 Merit Court, Moreno Valley, CA 92553
Sold Aug 08, 2019
$337,500
$332,714 by Alameda Mortgage Corp
Mortgage Due May 01, 2050
Sold Jun 30, 2005
$326,000
$95,900 by California National Bank
Mortgage Due Jul 01, 2035
24731 Merit Court in Moreno Valley, CA was first built in 1982 and is 42 years old. Although, the building on the property was most recently renovated and altered in 1983. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 24731 Merit Court has 1,537 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 11,761 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of gravel/rock. 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 462 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. 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, 24731 Merit Court sold most recently in Jun 28, 2019 for a total of $337,500. If you work out the math, that's approximately a cost of $168.83 per sqft. Before that, the property was also sold for $326,000 in Jun 8, 2005. 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 $4,124 in taxes each year. 24731 Merit Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $354,770. If we break it down further, the land itself was valued at $73,581. Improvements to the property, however, were assessed at a total of $281,189. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Stucco Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,999
  • Gross Building Area: 1,999
  • Building Area: 1,537
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,537
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 36 MB 114/090 TR 10153

Ownership

  • Current Owner : DUENAS JOSE G
  • Current Owner 2: DUENAS DORA M
  • Previous Owner : CLOAKE WILLIAM T
  • Previous Owner 2: CLOAKE ARABELLA V
  • Owner Before Previous Owner: BYREM STEPHEN A
  • Owner Before Previous Owner 2: FAYE BYRE R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Moreno Valley Unified School District
  • Census Tract: 042509

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 10153
  • Parcel: 482-473-021
  • Lot: 36
  • Municipality: MORENO VALLEY
  • Latitude: 33.9104
  • Longitude: -117.231

    Address

  • Full Address: 24731 Merit Ct
  • Address - House Number: 24731
  • Address - Street Name: Merit
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Moreno Valley
  • Carrier Code: C018
  • 4-Digit Zip Code: 3981
  • Zip Code: 92553

Valuation

    Tax

  • Total Area: 1,537
  • Tax Year: 2023
  • Tax Amount: $4,124
  • Tax Rate Code Area: 021-137

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 75
  • Final Value: 525,360
  • High Value: 624,291
  • Low Value: 426,428

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $332,714
  • First Open Lien Mortgage Lender: ALAMEDA MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 01, 2020
  • First Open Lien Mortgage Loan Amount: $332,714
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $365,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $354,770
  • Assessed Land Value: $73,581
  • Assessed Improvements Value: $281,189

    Sales

  • Current Sale Contract Date: Jun 28, 2019
  • Current Sale Recording Date: Aug 08, 2019
  • Current Sale Transaction ID: 11634315568
  • Current Sale Price: $337,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-0301303
  • Previous Sale Recording Date: Jun 30, 2005
  • Previous Sale Contract Date: Jun 08, 2005
  • Previous Sale Amount: $326,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALAMEDA MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 08, 2019
  • First Mortgage Loan Amount: $331,386
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: CALIFORNIA NATIONAL BANK
  • Previous Mortgage Transaction Date: Jun 30, 2005
  • Previous Mortgage Loan Amount: $95,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jul 01, 2035

About Moreno Valley



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Frequently Asked Questions

What neighborhood is 24731 Merit Court located in?
The 24731 Merit Court is a house located in the neighborhood of Moreno Valley in Moreno Valley, Moreno Valley.
What is the average sales price for listings in 24731 Merit Court?
The average sales price for units in 24731 Merit Court is $0 currently.

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