Seller's Agent in 2023
Venicia LaGun
JB Real Estate & Investment Inc
(310) 903-0049
1 in this area
7 Total Sales
1481 E Jacinto View Rd Banning, CA 92220
4
Beds
2
Baths
1,500
Sq Ft
8,712
Sq Ft Lot
Highlights
- Mountain View
- Traditional Architecture
- Living Room
- Property is near public transit
- Attic
- Laundry Room
About This Home
As of October 2023BUYER UNABLE TO PERFORM!! Attention all multi-family owners and investors! This remarkable Banning duplex is an opportunity that you don't want to miss. This amazing property features 2 well maintained and clean units that both feature 2 spacious bedrooms, and 1 full bathroom. Great income property, both units have been freshly renovated!
The duplex is being sold as-is but also presents a once-in-a-lifetime chance to create your own trophy property in this iconic neighborhood offering the best of Banning.
Located on a large fenced lot, Plenty of parking available with scenic views of surrounding mountains. This property is conveniently located near schools, parks, Cabazon trendy outlet, Morongo casino resort & spa and Palm Springs. Live in one unit and rent the other out. This is a bread-and-butter rental property. Don't miss the opportunity to purchase this amazing investment property with a turnkey condition.
Last Agent to Sell the Property
JB Real Estate & Investment Inc License #01493146 Listed on: 05/22/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,377
Year Built
- Built in 1965
Lot Details
- 8,712 Sq Ft Lot
- Two or More Common Walls
- Chain Link Fence
- Back and Front Yard
- Density is 2-5 Units/Acre
Home Design
- Duplex
- Traditional Architecture
- Turnkey
- Slab Foundation
- Shingle Roof
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 1,500 Sq Ft Home
- 1-Story Property
- Sliding Doors
- Living Room
- Vinyl Flooring
- Mountain Views
- Attic
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Open Parking Spaces
- 3 Parking Spaces
- 1 Carport Space
- Shared Driveway
- On-Street Parking
Utilities
- Wall Furnace
- Overhead Utilities
- Natural Gas Connected
- Cable TV Available
Additional Features
- No Interior Steps
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 10
- Tax Tract Number 44
- Assessor Parcel Number 541134010
- $64 per year additional tax assessments
Community Details
Overview
- 2 Units
- Solera Subdivision
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $600
- Insurance Expense $700
- Trash Expense $1,200
- Operating Expense $2,500
- Gross Income $19,200
- Net Operating Income $1,392
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 21, 2023
Sold by
Sillas Oscar and Sillas Margie G
Bought by
Urena Andrew
Total Days on Market
112
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,245
Interest Rate
7.18%
Mortgage Type
FHA
Purchase Details
Listed on
Feb 16, 2019
Closed on
Apr 22, 2019
Sold by
Perez Jose R and Perez Isabel
Bought by
Sillas Oscar and Sillas Margie G
Seller's Agent
Jeff Barr
HOMESMART EXECUTIVES
Buyer's Agent
Venicia LaGun
JB Real Estate & Investment Inc
List Price
$267,900
Sold Price
$245,000
Premium/Discount to List
-$22,900
-8.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%
Original Mortgage
$183,750
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 15, 2016
Sold by
Perez Selena
Bought by
Perez Jose R and Perez Isabel
Purchase Details
Closed on
Aug 17, 2010
Sold by
Ultra Investments Inc
Bought by
Perez Selena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,804
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 14, 2010
Sold by
Zellmer Mark F and Zellmer Natalie
Bought by
Ultra Investments Inc
Purchase Details
Closed on
Jun 21, 2000
Sold by
Zellmer Mark F and Zellmer Natalie
Bought by
Zellmer Mark F and Zellmer Natalie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
8.53%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 22, 1999
Sold by
Lilly Willie B
Bought by
Zellmer Mark F and Zellmer Natalie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
7.82%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $460,000 | Lawyers Title | |
| Grant Deed | $245,000 | Orange Coast Title Co | |
| Grant Deed | $140,000 | First American Title Company | |
| Corporate Deed | $90,000 | Chicago Title Inland Empire | |
| Trustee Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Orange Coast Title | |
| Grant Deed | $15,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $421,245 | FHA | |
| Previous Owner | $183,750 | New Conventional | |
| Previous Owner | $88,804 | FHA | |
| Previous Owner | $243,000 | Commercial | |
| Previous Owner | $81,600 | Commercial | |
| Previous Owner | $69,000 | Commercial | |
| Previous Owner | $34,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/13/2023 10/13/23 | Sold | $460,000 | +2.2% | $307 / Sq Ft |
| 09/11/2023 09/11/23 | Pending | -- | -- | -- |
| 08/31/2023 08/31/23 | Price Changed | $450,000 | -2.0% | $300 / Sq Ft |
| 05/22/2023 05/22/23 | For Sale | $459,000 | +87.3% | $306 / Sq Ft |
| 05/22/2019 05/22/19 | Sold | $245,000 | -5.7% | $163 / Sq Ft |
| 04/16/2019 04/16/19 | Pending | -- | -- | -- |
| 03/27/2019 03/27/19 | Price Changed | $259,900 | -3.0% | $173 / Sq Ft |
| 02/16/2019 02/16/19 | For Sale | $267,900 | -- | $179 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $6,377 | $262,687 | $32,165 | $230,522 |
| 2022 | $3,661 | $257,537 | $31,535 | $226,002 |
| 2021 | $3,591 | $252,488 | $30,917 | $221,571 |
| 2020 | $3,560 | $249,900 | $30,600 | $219,300 |
| 2019 | $2,108 | $145,656 | $26,010 | $119,646 |
| 2018 | $2,094 | $142,800 | $25,500 | $117,300 |
| 2017 | $2,060 | $140,000 | $25,000 | $115,000 |
| 2016 | $1,407 | $97,399 | $21,643 | $75,756 |
| 2015 | $1,387 | $95,938 | $21,319 | $74,619 |
| 2014 | $1,378 | $94,060 | $20,902 | $73,158 |
Source: Public Records
Agents Affiliated with this Home
-
Venicia LaGun
-
NoEmail NoEmail
N
Buyer's Agent in 2023
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
5,564 Total Sales
-
Seller's Agent in 2019
Jeff Barr
HOMESMART EXECUTIVES
(951) 201-8634
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS23089381
APN: 541-134-010
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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