Off MarketRisky Deal21 days on market
24530 Summerfield Dr
24530 Summerfield Dr, Moreno Valley, CA 92557, Moreno Valley, CA 92557
$485,000
Estimate®:$491,500$6,500 Under Market
Listing Price
24530 Summerfield Dr, Moreno Valley, CA 92557
Loc: Moreno Valley, CA
Days Listed
21
Tax Assessed
$389k
Estimate®
$492k
1% Under Valued
Lot Size
7,405 sqft
Rent Estimate
$3,129/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
3
Midland Elementary School
K-5
0.4 mi away
4
Palm Middle School
6-8
1.5 mi away
4
Canyon Springs High School
9-12
1.4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch-stylesingle-storyattached garagesolar panelstile roofbrick accentsstucco exteriorpalm treeconcrete drivewaysuburbansunnyconvertible carresidentialdriveway parking
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.76%
Total ROI
62.3%
Cash Flow
$-593/mo
DSCR
0.76
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-593/mo net cash flow with a 4.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Moreno Valley, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2015-01-12 | Sold | $250,000 | $163 |
| 2015-01-03 | Listed for sale | $244,900 | $159 |
| 2014-11-07 | Listing removed | $244,900 | $159 |
| 2014-11-02 | Price change | $244,900 | $159 |
| 2014-10-15 | Listed for sale | $247,000 | $161 |
| 2011-03-17 | Sold | $131,000 | $85 |
| 2011-02-26 | Price change | $130,800 | $85 |
| 2011-02-25 | Price change | $130 | – |
| 2010-11-04 | Price change | $130,800 | $85 |
| 2010-11-02 | Listed for sale | $0 | – |
| 2010-07-13 | Sold | $128,400 | $84 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $388,791 |
| 2025 | $8,481.28 | $381,169 |
| 2024 | $8,253.74 | $373,696 |
| 2023 | $8,167.86 | $366,369 |
| 2022 | $8,067.66 | $283,127 |
| 2021 | $7,156.58 | $277,576 |
| 2020 | $7,121.98 | $274,730 |
| 2019 | $7,069.24 | $269,344 |
| 2018 | $7,007.26 | $264,064 |
| 2017 | $3,033.44 | $258,887 |
| 2016 | $3,033.44 | $253,812 |
| 2015 | $1,641.62 | $139,644 |
| 2014 | $1,531.84 | $136,909 |
| 2013 | $0 | $136,292 |
| 2012 | $0 | $133,620 |
| 2011 | $0 | $150,000 |
| 2010 | $0 | $133,812 |
| 2009 | $0 | $134,133 |
| 2008 | $0 | $131,504 |
| 2007 | $0 | $128,926 |
| 2006 | $0 | $126,399 |
| 2005 | $0 | $123,922 |
| 2003 | $0 | $119,269 |
| 2002 | $0 | $116,932 |
| 2001 | $1,315.3 | $114,640 |
| 2000 | $1,168.86 | $100,000 |
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