NOT LISTED FOR SALE

1323 E Nicolet St Banning, CA 92220

Estimated Value: $238,000 - $354,000

2 Beds
1 Bath
840 Sq Ft
$345/Sq Ft Est. Value

Last Sold October 03, 2013

Last sale price $95,000 $113 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $1,650/month

141 Days on Market

Highlights

  • Private Yard
  • Humidity Control
  • Laundry Room
  • No HOA
  • Breakfast Bar
  • Tile Flooring

About This Home

As of October 2013

This is a beautifully renovated 2 bedroom 1 bathroom house in Banning California. This house sits on
a large corner lot. The exterior has new paint, new facia boards, a new roof and all new double pane
windows.

On the interior, this house is completely redone. This includes new hardwood floors throughout the
living, hall and bedroom areas. The kitchen bathroom and laundry area has large, low maintenance
ceramic tile. The bathroom includes all new fixtures, new vanity, new toilet and all new travertine tile
surround in the tub area.

The large kitchen opens up into the living room with a bar height countertop. In addition the kitchen
boasts all new stainless steel appliances, new kitchen cabinets with soft-close cabinet drawers, and
a lazy Susan in the corner. This house is move-in ready and is an exceptional place for a first time buyer or
investor.

Last Agent to Sell the Property

Richard Trefflich

First Legacy Financial Group License #01789860 Listed on: 01/28/2013

Last Buyer's Agent

Irma Carter

Carter Rlty & Prop Management License #01167779

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 6,098 Sq Ft Lot
  • Private Yard

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Breakfast Bar
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Carport Space

Utilities

  • Humidity Control
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 541092010

Community Details

Overview

  • No Home Owners Association
  • Mountainous Community

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 541092010
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 840.00
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Levels: One
  • Price Per Square Foot: 113.10
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Humidity Control
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous, Sidewalks

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6098.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2013
Sold by
Kosen Timothy
Bought by
Lopez Jorge Ojeda and Ojeda Teresa
Current Estimated Value
$289,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,279
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 13, 2012
Closed on
Nov 19, 2012
Sold by
Stonecrest Income & Opportunity Fund 2 L
Bought by
Kosen Timothy
Seller's Agent
Liz Garcia
ABSOLUTE ADVANTAGE REALTY
Buyer's Agent
Richard Trefflich
First Legacy Financial Group
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.22%

Purchase Details

Listed on
Nov 13, 2012
Closed on
Oct 1, 2012
Sold by
Bagarinao Jaime R
Bought by
Stonecrest Income & Opportunity Fund I L
Seller's Agent
Liz Garcia
ABSOLUTE ADVANTAGE REALTY
Buyer's Agent
Richard Trefflich
First Legacy Financial Group
List Price
$45,000
Sold Price
$45,000

Purchase Details

Closed on
Mar 18, 1999
Sold by
Wang Mee Jue
Bought by
Bagarinao Jaime R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,400
Interest Rate
6.92%

Purchase Details

Closed on
Aug 15, 1997
Sold by
Wang Chao Ping
Bought by
Wang Meei Jue

Purchase Details

Closed on
Aug 11, 1997
Sold by
Fremont Investment & Loan
Bought by
Wang Meei Jue

Purchase Details

Closed on
Sep 30, 1996
Sold by
Harris Lamar
Bought by
Fremont Investment & Loan

Purchase Details

Closed on
Jan 24, 1995
Sold by
Harris Lamar
Bought by
Robinson David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,350
Interest Rate
9.99%

Purchase Details

Closed on
Dec 15, 1994
Sold by
Robinson David B
Bought by
Harris Lamar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,350
Interest Rate
9.99%

Purchase Details

Closed on
Oct 3, 1994
Sold by
Kelly Margaret
Bought by
Harris Lamar
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lopez Jorge Ojeda $95,000 Lawyers Title
Kosen Timothy $45,000 Ticor Title
Stonecrest Income & Opportunity Fund I L $47,000 None Available
Bagarinao Jaime R $46,000 Old Republic Title Company
Wang Meei Jue -- Lawyers Title Company
Wang Meei Jue $12,000 Lawyers Title Company
Fremont Investment & Loan $35,000 Continental Lawyers Title Co
Robinson David B -- --
Harris Lamar $55,000 United Title Company
Harris Lamar -- --
Kelly Margaret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Jorge Ojeda $93,279
Previous Owner Bagarinao Jaime R $41,400
Previous Owner Harris Lamar $42,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2013 10/03/13 Sold $95,000 0.0% $113 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
05/30/2013 05/30/13 Off Market $95,000 -- --
04/10/2013 04/10/13 Price Changed $95,000 -2.3% $113 / Sq Ft
03/21/2013 03/21/13 Price Changed $97,250 -5.6% $116 / Sq Ft
02/15/2013 02/15/13 Price Changed $103,000 -4.6% $123 / Sq Ft
01/28/2013 01/28/13 For Sale $108,000 +140.0% $129 / Sq Ft
11/30/2012 11/30/12 Sold $45,000 0.0% $54 / Sq Ft View Prior Sale
11/16/2012 11/16/12 Pending -- -- --
11/13/2012 11/13/12 For Sale $45,000 -- $54 / Sq Ft
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
2025 $1,630 $116,442 $18,380 $98,062
2023 $1,630 $111,922 $17,667 $94,255
2022 $1,596 $109,728 $17,321 $92,407
2021 $1,566 $107,578 $16,982 $90,596
2020 $1,551 $106,476 $16,808 $89,668
2019 $1,527 $104,389 $16,479 $87,910
2018 $1,517 $102,343 $16,157 $86,186
2017 $1,492 $100,338 $15,841 $84,497
2016 $1,420 $98,372 $15,531 $82,841
2015 $1,399 $96,897 $15,299 $81,598
2014 $1,390 $95,000 $15,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13012365

California Regional Multiple Listing Service (CRMLS)

APN: 541-092-010