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12198 Orchid #B, Moreno Valley, CA 92557

$269K2bd · 2ba · 1,088 sqft
Lot 490 sqft•HOA $500/mo•Condominium•
Active
•7d on market•MLS# IG-26231125

Property Description

Remodeled Moreno Valley condo featuring 2 bedrooms and 1½ bathrooms. This home has been updated throughout, with fresh interior and exterior paint, new laminate flooring and windows, new kitchen cabinets with granite countertops, new interior doors and baseboards, and upgraded bathrooms. The home has experienced water damage. Some drywall and portions of the flooring need replacement. Ideally situated near shopping and dining, with quick access to the 60 Freeway. Don’t miss this opportunity!

Features & Amenities

FeeBuilt 1986

Property Details

Land Type
Fee
Year Built
1986
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
None
City
Moreno Valley
Zip Code
92557
County
Riverside
Listed byElite REO Brokers, Mo Azadzoi

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,360.21
Principal & Interest
Loan Amount
$215,200
Total Interest
$274,476
Total Payment Over 30 Years
$489,676
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 2 active · 5 closed

12198 Orchid #B, Moreno Valley, CA 92557

Moreno Valley · Condominium

$269K
Affordable Tier
Beds
2
Baths
2
Sqft
1,088
Lot
490 sqft
Year
1986
$/Sqft
$247
Pool: No✓
View: None✓
Garage: 1-car✓

Listed in line with the median closed sale of $270,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $269K· $247/sqft
Total list price
Closed comps
vs closed median $270K
−$1K (−0.4%)
Active comps
vs active median $300K
−$31K (−10.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $277
−$30 (−10.8%)

Active Properties (2)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
12238 Orchard LnMoreno Valley1972321,110974$270$300,0001486
12860 Perris BoulevardMoreno Valley1980221,004960$284$285,0001185
Total: 2 · Average2.52.01,057967$277$292,50012.5
Median1,110$300,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
12246 Carnation #B LaneMoreno Valley197210/22/2026221,037466$249,900$252,000$2431.014493
12246 CarnationMoreno Valley197208/21/2026321,1100$265,000$270,000$2431.025991
12216 CarnationMoreno Valley197207/30/2026321,1100$299,000$282,000$2540.944489
12215 Carnation LaneMoreno Valley197204/03/2026321,1830$265,000$265,000$2241.005185
12243 Orchid LaneMoreno Valley198601/09/2026321,1521,203$289,900$280,000$2430.9716882
Total: 5 · Average2.82.01,118.4834.5$269,800$269,800$241.4—73.2
Median1,110$270,000$270,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.