Current Value Assessment
PREPARED EXCLUSIVELY FOR:
Xiaoyang --
As discussed, enclosed is a detailed Current Value Assessment of your home reflecting the latest market conditions and comparable homes in your area. This assessment also includes my expert opinion on what your home could sell for when paired with a highend marketing strategy designed to attract qualified buyers.
In this you’ll find:
1. Your property’s Tax Record.
2. The comparables I analyzed to arrive at my assessment.
3. Online estimates of your home’s value.
4. My professional evaluation of your home’s potential sale price with the implementation of a high-end marketing strategy.
Lastly, I’ve included a brief overview of my team and me so you can get to know us better.
949-294-2506
TAX RECORD
Owner Name Zhao Xiaoyang
Owner Name 2
Mail Owner Name Xiaoyang Zhao
MLS Status Closed Closed Closed Closed
MLS Listing Date 08/29/2017
MLS Listing Price
MLS Orig Listing Price
MLS Close Date
MLS Listing Close
MLS Listing Cancellation Date
MLS Source History CRM CRM CRM CRM
LAST MARKET SALE & SALES HISTORY
Recording Date 06/14/2023
Sale Type Full
Sale Date Tax: 05/11/2023 MLS: 06/14/2023 Deed Type Grant Deed
Sale Price
$535,000
Price Per Square Feet $323 26
Owner Name Zhao Xiaoyang
Owner Name 2
Multi/Split Sale Seller Karakhanyan Arman
Document Number 170720
Recording Date 01/28/2025 06/14/2023 06/14/2023 06/14/2023 06/14/2023
Sale Date 01/28/2025 05/11/2023 06/13/2023
Nominal Y Y Y Y
Buyer Name Zhao Xiaoyang Zhao Xiaoyang Zhao Xiaoyang Song Tianqi Karakhanyan Armen
Seller Name Zhao Xiaoyang Karakhanyan Arman Song Tianqi Zhao Xiaoyang Melkonyan Elmira
Document Number 27814 170720 170719 170718 170717
Document Type Quit Claim Deed Grant Deed Interspousal Deed Tran sfer
Interspousal Deed Tran sfer Interspousal Deed Tran sfer
Nominal Y
Seller Name
Document
Document
MORTGAGE HISTORY
FORECLOSURE HISTORY
Document Type
Default Date
Foreclosure Filing Date
Recording Date
Document Number
Book Number
Page Number
Default Amount
Final Judgment Amount
Original Doc Date
Original Document Number
Original Book Page
THE COMPARATIVE MARKET ANALYSIS
No two homes are identical, which is why choosing a sales price or offer price for a home can be challenging. That's where the Comparative Market Analysis, or CMA, is most useful.
What is a CMA?
The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data such as type of home, number of bedrooms, number of baths, lot size, neighborhood, property condition and features, and many other factors. The purpose is to show estimated market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.
How is the CMA created?
CMAs are generated by using property information from your real estate agent's Multiple Listing Service (MLS). The MLS is available to licensed members only, including brokers, salespeople, and appraisers, who pay dues to gain access to the service's public and proprietary data, including tax roll information, sold transactions, and listings input by all cooperating MLS members. Listing agents generate CMAs for their sellers, and buyer's agents create them for their buyers so both sides know what current market conditions are for the homes they're interested in comparing.
How accurate are CMAs?
The CMA is a here-and-now snapshot of the market, based on the most recent data available, but it can instantly be rendered obsolete by a new listing, or a change of status in a home with the same criteria. Why? The market is constantly changing — new listings, pending sales, closed sales, price reductions, and expired listings. CMAs can vary widely, depending on the knowledge and skill of the person creating the CMA as well as the number and type of data fields that are chosen.
How can CMAs vary?
CMAs can vary widely, depending on the knowledge and expertise of the person inputting the search parameters. They also may vary between identical homes in that one property may simply offer better “curb appeal” or is in better condition that the other. Lastly, buyer and seller motivation can’t be quantified. It is typically impossible to say why a seller agreed to take less for their home or why a buyer paid more for another home. Family problems, corporate relocations and other reasons all play a role. What you can learn from the CMA is how long a home took to sell. If it was quick, the seller was highly motivated. If it didn’t, it was probably overpriced.
THE COMPARATIVE MARKET ANALYSIS
Is a CMA the same as an Appraisal?
No. Although the CMA is used to help determine current market value, it does not establish the seller's home value. A bank appraisal, on the other hand, is a professional determination of a home's value. The appraisal is completed by a licensed Appraiser, using guidelines established by the Federal Housing Finance Agency, which regulates federal housing loan guarantors such as FHA, VA and housing loan purchasers Fannie Mae and Freddie Mac. An appraisal is a comprehensive look at a home's location, condition, and eligibility for federal guarantees. For example, a home that doesn't meet safety requirements such as handrails on steps will not be eligible for FHA or VA loans until the handrail is installed or repaired. Appraisers use the same data in their market research to find comparable homes as real estate agents. While they are also members of the MLS, they also have additional guidelines from the bank to follow that minimize risk to the bank. They will take into consideration — and can adjust values to reflect — the speed of the market and whether prices are rising or falling. When the appraisal is finished, the bank makes the decision to fund the loan, or it may require the seller to fix certain items and show proof that the repairs have been made before letting the loan proceed. If the loan doesn't meet lending guidelines, the bank will decline the loan.
And is my home worth what the Internet says?
In short — maybe? Many homeowners like to visit sites like Zillow, REDFIN, etc., to see what their home is worth. What they fail to understand is that most of those sites have an 8% - 12% margin of error which means a home worth $400,000 could be worth anywhere between $360,000 and $440,000 and that’s if we only use a 10% margin of error. That is quite the large window!
Estimating a home’s market value is far from an exact science. These sites contract with major title companies to obtain county tax roll data which they combine with data obtained from the MLS, push it through their algorithm and bingo! You have your “Zestimate”!!
On February 29, 2016, then Zillow CEO Spencer Rascoff sold a Seattle home for $1.05 million, 40 percent less than the Zestimate of $1.75 million shown on its property page a day later.
YOUR COMPARATIVE MARKET ANALYSIS
Comparative Market Analysis
Xiaoyang Zhao
Chris Taylor
Keller Williams Luxury International
Map of Comparable Listings
Summary of Comparable Properties
P PENDING LISTINGS
S SOLD LISTINGS
Analysis
Chris Taylor
Keller Williams Luxury International
Chris Taylor
Comparable homes sold for an average of $345 / sq. ft. Many factors such as location, use of space, condition, quality, and amenities determine the market value per square foot, so reviewing each comp carefully is important.
Listings
Chris Taylor
Keller Williams Luxury International
$524,900 4 Beds 3.00 Baths 1,695.0 Sq. Ft. ($310 / sqft)
PENDING 5/5/25
Year Built 1984 Days on market: 4
Details
Prop Type: Single Family Residence
County: Riverside
Area: 259 - Moreno Valley
Full baths: 2.0
Features
Association Y N: No
Attached Garage Y/N: Y
Community Features: Hiking, Park, Sidewalks
Contract Status Change
Date: 2025-05-05T00:00:00
Cooling: Central Air
Elevation Units: Feet
Exterior Features: Rain Gutters
Flooring: Laminate, Tile
Heating: Central
Interior Features: Balcony
Half baths: 1.0
Acres: 0.08
Lot Size (sqft): 3,485
Garages: 2
List date: 5/1/25
Pending date: 5/5/25
Off-market date: 5/5/25
Updated: May 28, 2025 1:50 AM
List Price: $524,900
Orig list price: $524,900
School District: Moreno Valley Unified
Land Fee/Land Lease: Fee
Levels: Two
Listing Terms: Cash, Cash To Existing Loan, Cash To New Loan, Conventional, Fannie Mae, FHA, Freddie Mac, VA Loan
Lot Features: 0-1 Unit/Acre, Back Yard, Cul-De-Sac, Near Public Transit, Park Nearby
Parking Total: 4
Pool Features: None
Pool Private Y N: No
Property Attached Yes/No: No
Property Condition: Turnkey, Updated/Remodeled
Roof: Tile
Kitchen Features: Granite Counters, Kitchen Open to Family Room, Remodeled Kitchen
Room Type: All Bedrooms Up
Senior Community Yes/No: No
Sewer: Public Sewer
Spa Features: None
Special Listing Conditions: Standard
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: Peek-A-Boo
Water Source: Public
Window Features: Double Pane Windows
Year Built Source: Public Records
Zoning: R-1
Remarks
Welcome to this beautifully maintained Peek-A-Boo View Home, offering 1,695 sq. ft. of thoughtfully designed living space that reflects true pride of ownership. Step inside to a bright and spacious open living room, seamlessly flowing into the kitchen, perfect for entertaining family and friends. Upstairs, youll discover an incredible loft area with a hidden access point, adding a unique and fun feature to the home. Additional highlights include an enclosed patio currently used for storage, and a large attic space above the garage offering endless possibilities. Property is in close proximity to great schools, parks, and grocery stores. With its well-cared-for interiors and special bonus areas, this property is ready for its next chapter. Schedule your showing today!
Courtesy of ALIGN HOMES
Information is deemed reliable but not guaranteed.
Chris Taylor
11814 Collingswood Drive
Moreno Valley, CA 92557
Prop Type: Single Family Residence
County: Riverside
Area: 259 - Moreno Valley
Full baths: 2.0
Features
Association Y N: No
Attached Garage Y/N: Y
Community Features: Sidewalks
Contract Status Change
Date: 2025-05-15T00:00:00
Cooling: Central Air, ENERGY
STAR Qualified Equipment
Elevation Units: Feet
Half baths: 1.0
Acres: 0.12
Lot Size (sqft): 5,227
Garages: 2
Green Energy Efficient: HVAC, Roof
Heating: Central, ENERGY
STAR Qualified Equipment
Land Fee/Land Lease: Fee
Levels: Two
Listing Terms: Cash, Cash To New Loan
Lot Features: Front Yard, Yard
4 Beds 3.00 Baths 1,739.0 Sq. Ft. ($302 / sqft)
Year Built 1986 Days on market: 34
List date: 3/29/25
Pending date: 5/15/25
Off-market date: 5/15/25
Updated: May 15, 2025 10:18 AM
List Price: $525,000
Orig list price: $549,900
School District: Moreno Valley Unified
Parking Total: 2
Pool Features: None
Pool Private Y N: No
Possession: Close Plus 3 Days
Property Attached Yes/No: Yes
Room Type: All Bedrooms Up
Senior Community Yes/No: No
Sewer: Public Sewer
Special Listing Conditions: Standard View: None
Water Source: Public
Year Built Source: Assessor
Remarks
HUGE Price adjustment...PRICED TO SELL!!
Welcome to this charming 4-bedroom, 2.5-bathroom home offering 1,739 square feet of living space and a spacious 2-story layout. As you approach, you'll be greeted by a cozy enclosed front porch area, perfect for enjoying your morning coffee or relaxing in the evening.
Upon entering, you'll find a bright and airy living room and formal dining room with soaring vaulted ceilings that create an open and inviting atmosphere. The kitchen, complete with a cozy nook and a double-sided fireplace, provides a warm and functional space for family gatherings. The recently remodeled half bath downstairs adds a modern touch to the home.
Upstairs, is the master bedroom and bathroom as well as 3 other bedrooms, including one that's perfect as a versatile loft or office space to suit your unique needs. This property has endless potential to become your dream space with some updating and personal touches.
Recent upgrades include a paid-off solar system, ensuring energy savings and sustainability, new heating and air conditioning, and a new roofgiving you peace of mind for years to come. Not to mention LOW TAXES and NO HOA!
The large backyard is an added bonus, featuring a shed for extra storage, perfect for gardening tools, outdoor equipment, or simply adding more space to suit your lifestyle.
Conveniently located near freeways, schools, and shopping, this home is the perfect opportunity for someone ready to invest a little work and make it their own. Don't miss out on the chance to bring this gem back to its full potential!
Courtesy of Realty Masters & Associates, I Information is deemed reliable but not guaranteed.
Chris Taylor
11877 Hartland Place
Area: 259 - Moreno Valley
Full baths: 2.0
Features
Association Y N: No
Attached Garage Y/N: Y
Community Features: Curbs, Sidewalks
Contract Status Change
Date: 2024-12-10T00:00:00
Cooling: Central Air
Elevation Units: Feet
Remarks
No Description for this property.
Garages: 2
Off-market date: 10/25/24
Updated: Dec 11, 2024 3:28 PM
School District: Moreno Valley Unified
Heating: Central
Land Fee/Land Lease: Fee Levels: Two
Listing Terms: Cash To New Loan
Lot Features: Back Yard, Lot 10000-19999 Sqft
Parking Total: 2
Pool Features: None
Pool Private Y N: No
Property Attached Yes/No: No
Room Type: All Bedrooms Up
Senior Community Yes/No: No
Sewer: Public Sewer
Special Listing Conditions: Standard View: None
Water Source: Public Year Built Source: Assessor
Courtesy of Ashby & Graff Information is deemed reliable but not guaranteed.
Chris Taylor
$575,000 4 Beds 3.00 Baths 1,600.0 Sq. Ft. ($359 / sqft)
CLOSED 3/31/25
Details
Prop Type: Single Family Residence
County: Riverside
Area: 259 - Moreno Valley
Full baths: 3.0
Features
Association Y N: No
Attached Garage Y/N: Y
Community Features: Curbs, Sidewalks
Contract Status Change
Date: 2025-03-31T00:00:00
Cooling: Central Air
Elevation Units: Feet
Remarks
Acres: 0.09
Lot Size (sqft): 3,920
Garages: 2
List date: 2/3/25
Heating: Central
Land Fee/Land Lease: Fee
Levels: Two
Listing Terms: 1031
Exchange, Cash, Conventional, FHA
Lot Features: 2-5 Units/Acre
Main Level Bedrooms: 1
Year Built 1984 Days on market: 29
Photo not available
Sold date: 3/31/25
Off-market date: 3/31/25
Updated: Apr 1, 2025 6:53 AM
List Price: $575,000
Orig list price: $575,000
School District: Moreno Valley Unified
Parking Total: 2
Pool Features: None
Pool Private Y N: No
Property Attached Yes/No: No
Room Type: Family Room
Senior Community Yes/No: No
Sewer: Public Sewer
Special Listing Conditions: Standard View: None
Water Source: Public
Year Built Source: Assessor Zoning: R6
Situated in the heart of Moreno Valley, this house has been completely renovated. The architecture structure with huge windows coincide with the natural surroundings to compliment the home. It was created with a spacious open-concept
living area, high ceilings, abundant natural light. All of the windows downstairs are new double pane windows, Brand new huge double pane sliding door to backyard. The kitchen includes all new cabinets, new kitchen appliance, fresh paint inside out entire house, new flooring. This 4 bed, 3 bath home also has a hidden gem on the third floor that can be used as a storage space or spare room overlooking the entire house. One bedroom and a full bathroom downstairs. With an abundance of potential, this home can provide a perfect balance of modern amenities with timeless charm. House waiting to be called home.
Courtesy of Gold Team Realty Information is deemed reliable but not guaranteed.
Chris Taylor
SO WHAT DOES THE INTERNET SAY ABOUT YOUR HOME?
$565,200 $575,839 $582,000 $600,366
WHAT DO I THINK?
Based on current market conditions, comparable homes in the area including 11877 Hartland Place which is a model match of your home which sold for $547,000, and what I believe your home could sell for with the implementation of a high-end marketing strategy, my Current Value Assessment for your home would be:
$555K - $585K
National Association of REALTORS (NAR)
California Association of REALTORS (CAR)
Orange County Association of REALTORS (OCAR)
Luxury Home Sales Designated
Contingency Sale Specialist
Certified New Home Co-Broker
Certified Divorce Real Estate Expert
Top 1.5% of Individual REALTORS in the nation
Team Lead for Taylor Realty Group with offices in Corona, Huntington Beach, and Palm Springs
Meet Chris…
A true Californian through and through, realtor Chris Taylor was born and raised in South Orange County and has spent his life in Southern California from Huntington Beach to Palm Springs and just about everywhere in between. His lifelong experience in the region has given him unparalleled knowledge about its cities, communities, and neighborhoods from the coast to the desert, providing an invaluable advantage for his clientele.
Over his career, which began in 2003, Chris has enjoyed time as a realtor, new home sales agent, and mortgage consultant, providing him with a thorough understanding of every facet of the real estate business. As a result, he can personally guide his clients through each stage of the buying or selling process. Chris knows that communication and integrity are key to a successful transaction, and he is dedicated to always being available to his clients while offering professionalism, commitment and attentiveness that never fail to exceed expectations.
Chris is a fourth-generation Southern Californian with a love for surfing, screenwriting, and the movies. Prior to real estate, he worked in front of and behind the camera in the entertainment industry, concluding as a talent agent with the prestigious William Morris Agency. Chris lives with his wife, Terry, their disabled grandson, David, for whom he is the primary caregiver and a menagerie of two dogs and two cats. He has also made frequent real estate-related appearances on Fox 11 News, Good Day L.A., and Inside Edition.
Meet the Team
Tracie Albert
Operations Director
DRE# 01432850
With a high regard for the overall client experience, Tracie oversees the Operations for Taylor Residential Real Estate. A licensed Real Estate Agent herself since 2004 with experience in Residential, Investment and Luxury Sales as well as Short Sales, REOs and House Flipping, Tracie possesses a comprehensive level of Real Estate-related expertise that is largely unsurpassed. As a key component to Taylor Residential Real Estate’s success, Tracie has access to a variety of tools and resources designed to foster the most rewarding experiences for clients with even the most complex goals at hand in addition to cutting edge marketing techniques and strategies and innovative resources.
Brenda Listana Administration
With over 5 years of experience and having worked for some of the biggest e-commerce companies in the world, Brenda has established herself as a strong Customer Support Representative. She takes great pride in her exceptional computer skills, organization, planning, and administrative abilities and her experience has taught her the importance of attention to detail, resilience, and flexibility. Brenda commits herself fully to any task and embraces the responsibility.
Anthony Zervas Lead Agent
DRE# 02047324
Valerie Alicajic
Marketing Director
Anthony Zervas views architecture with a genuine passion that he is eager to share with buyers who are seeking a home that ideally suits and even exceeds their personal and financial goals. With a broad spectrum of experience, know-how, determination, and dedication, Anthony has rapidly built a following of clients who appreciate his down-toearth approach and unyielding commitment to unparalleled service. An avid traveler and snowboarder, Anthony is a genuine family man and spends much of his free time with his wife, Mel, and their daughter, Avie. He is also an award-winning chef with experience with high-end restaurants, five-diamond hotels, and as a personal with celebrity clienteles.
Valerie’s passion for design began at an early age, culminating in earning her Bachelor of Arts degree with an emphasis in graphic design at California State University Long Beach, and most recently, a Multi-Media Certificate in Web Design from Golden West College. Today, Val spearheads our design strategies and executes creative concepts that ensure maximum exposure. By conceptualizing and designing projects from start to finish, she creates a cohesive message portrayed through color, art and photography, all while meeting intense deadlines.
Brooke Fetzer
Property Designer
DRE# 01432850
Brooke Fetzer, "The Property Stylist", is a Certified Feng Shui Practitioner with YEARS of experience in the art of Home Staging. With over 1500 homes to her credit, Brooke is detail-oriented and works seamlessly with Sellers to prepare their homes for sale with careful attention paid to the individual marketing needs of each home so they can stand out from the rest online.
