Off MarketRisky Deal18 days on market

15388 Paseo Carmel

15388 Paseo Carmel, Moreno Valley, CA 92551, Moreno Valley, CA 92551
$499,999
Estimate®:$508,000$8,001 Under Market

Listing Price

Property image 1
15388 Paseo Carmel, Moreno Valley, CA 92551
Loc: Moreno Valley, CA
Days Listed
18
Tax Assessed
$354k
Estimate®
$508k
2% Under Valued
Lot Size
7,405 sqft
Rent Estimate
$2,782/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.

4

Armada Elementary School

K-5
0.7 mi away
4

Landmark Middle School

6-8
1.8 mi away
3

Vista Del Lago High School

9-12
0.3 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

suburbanranch-stylesplit-leveltwo-storyhorizontal-sidingattached-garagemanicured-lawncontemporaryresidentialasphalt-shinglessingle-family-homemountain-viewswell-maintainedprivate-driveway

Haven AI Verdict

Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.01%
Total ROI
46.0%
Cash Flow
$-923/mo
DSCR
0.64
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-923/mo net cash flow with a 4.0% 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

DateEventPricePrice/sqft
2024-01-22Listing removed$0
2023-10-18Price change$2,745$2
2023-10-12Price change$2,795$2
2023-09-26Price change$2,800$2
2023-09-20Price change$2,850$2
2023-09-02Listed for rent$3,000$2
2023-04-08Listing removed$0
2023-02-28Price change$2,700$2
2023-02-20Listed for rent$3,000$2
2022-10-09Listing removed$0
2022-08-17Price change$489,900$334
2022-07-20Listed for sale$500,000$341
2018-11-08Sold$311,000$212
2018-10-19Pending sale$309,999$211
2018-10-12Listed for sale$309,999$211

Tax History

YearProperty TaxTax Assessment
2026$0$353,859
2025$4,376.1$346,922
2024$4,324.98$340,120
2023$4,245.24$333,452
2022$4,242.4$326,915
2021$4,256.38$320,506
2020$4,333.1$317,220
2019$0$311,000
2018$1,831.68$151,385
2017$2,405.68$148,418
2016$2,405.68$145,509
2015$2,033.38$143,325
2014$2,164.82$140,520
2013$0$139,888
2012$0$137,146
2011$0$134,458
2010$0$133,456
2009$0$133,775
2008$0$131,153
2007$0$128,583
2006$0$126,063
2005$0$123,592
2003$0$118,950
2002$0$116,617
2001$1,108.98$95,000
2000$1,080.34$92,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,468

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