NOT LISTED FOR SALE

1266 E Nicolet St Banning, CA 92220

Estimated Value: $64,785 - $491,000

0.13 Acre
$1,674,585 Price per Acre
5,663 Sq Ft Lot

Last Sold December 16, 2022

Last sale price $60,000

Est. 263% increase in value since last sale

Current estimated payment $1,297/month

65 Days on Market

About This Lot

As of December 2022

Beautiful Corner Lot Zoned R2. Build your beautiful home or investment property here. This lot is located in a very fast-growing area of the City of Banning. Water and power are located in the street. A great opportunity to own your own piece of land in the city near main highways, shopping and schools.

Last Agent to Sell the Property

Maria Garcia

Berkshire Hathaway Homeservices California Realty License #01702842 Listed on: 09/27/2022

Berkshire Hathaway Homeservices California Realty

Last Buyer's Agent

ALFONSO AYALA

PONCE & PONCE REALTY, INC License #02096281

PONCE & PONCE REALTY, INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $900

Year Built

  • 1947

Lot Details

  • 5,663 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R2

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 541132001
  • $61 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Solera Subdivision

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$900

Year Built

1947

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Solera (SLRA)
  • View: No
  • Zoning: R2
  • Property Type: Land
  • Parcel Number: 541132001
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1947

Interior Features

  • Price Per Square Foot: 10.60

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Lot Size Area: 5663.0000 Square Feet

Tax Info

  • Tax Census Tract: 442.00
  • Tax Lot: 4
  • TaxOtherAnnualAssessmentAmount: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Dec 6, 2022
Sold by
Garcia Francisco
Bought by
Varela Alberto Ortiz
Seller's Agent
Maria Garcia
Berkshire Hathaway Homeservices California Realty
Buyer's Agent
ALFONSO AYALA
PONCE & PONCE REALTY, INC
List Price
$60,000
Sold Price
$60,000
Total Days on Market
65
Views
38
Current Estimated Value
$217,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,696
Avg. Annual Appreciation
68.50%

Purchase Details

Listed on
Oct 15, 2013
Closed on
May 26, 2015
Sold by
Garcia Ma Herlinda
Bought by
Garcia Francisco
Seller's Agent
Chris Campbell
RE/MAX ADVANTAGE
Buyer's Agent
Maria Garcia
Berkshire Hathaway Homeservices California Realty
List Price
$33,500
Sold Price
$22,500
Premium/Discount to List
-$11,000
-32.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.87%

Purchase Details

Listed on
Oct 15, 2013
Closed on
May 12, 2015
Sold by
Vanloon Steven G and Van Loon Susan A
Bought by
Garcia Francisco
Seller's Agent
Chris Campbell
RE/MAX ADVANTAGE
Buyer's Agent
Maria Garcia
Berkshire Hathaway Homeservices California Realty
List Price
$33,500
Sold Price
$22,500
Premium/Discount to List
-$11,000
-32.84%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Varela Alberto Ortiz $60,000 --
Varela Alberto Ortiz -- Lawyers Title
Garcia Francisco -- None Available
Garcia Francisco $22,500 Nations Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $60,000 0.0% --
12/01/2022 12/01/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $60,000 +166.7% --
05/31/2015 05/31/15 Sold $22,500 -32.8% --
05/25/2015 05/25/15 Pending -- -- --
10/15/2013 10/15/13 For Sale $33,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $900 $60,000 $60,000 $0
2022 $416 $25,478 $25,478 $0
2021 $409 $24,979 $24,979 $0
2020 $403 $24,723 $24,723 $0
2019 $397 $24,239 $24,239 $0
2018 $394 $23,764 $23,764 $0
2017 $386 $23,299 $23,299 $0
2016 $372 $22,843 $22,843 $0
2015 $540 $35,000 $35,000 $0
2014 $546 $35,000 $35,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV22205722

California Regional Multiple Listing Service (CRMLS)

APN: 541-132-001