$245,000
SOLD MAY 22, 2019

1481 E Jacinto View Rd Banning, CA 92220

2 Beds
1 Bath
1,500 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$163 Per Sq Ft

9% Below List Price

59 Days on Market

Highlights

  • Mountain View
  • Granite Countertops
  • Laundry Room
  • Traditional Architecture
  • Living Room
  • Accessible Parking

About This Home

As of October 2023

Charming Duplex with both units having 2 bedrooms and 1 full bath each, has some upgrades granite kitchen counter, new paint with rear yard laundry area. Located on a large fenced lot, both units have fenced rear patios for private space to BBQ etc. Plenty of parking available with scenic views of surrounding mountains. Conveniently located near schools,parks,shopping, casino and Palm Springs. Live in one unit and rent the other out. This is a bread and butter rental property and would like to sell with long term good tenants.

Last Agent to Sell the Property

Jeff Barr

HOMESMART EXECUTIVES License #01071817 Listed on: 02/16/2019

HOMESMART EXECUTIVES

Last Buyer's Agent

Venicia LaGun

JB Real Estate & Investment Inc License #01493146

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,377

Year Built

  • Built in 1965

Lot Details

  • 8,712 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Mountain Views

Kitchen

  • Gas Cooktop
  • Granite Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Accessible Parking
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 20069
  • Assessor Parcel Number 541134010

Community Details

Overview

  • 2 Units
  • Mountainous Community

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $70
  • Operating Expense $840
  • Gross Income $18,000
  • Net Operating Income $17,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,377

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 70.00
  • Zoning: R2
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 541134010
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 163.33
  • Room Type: Living Room

Exterior Features

  • Foundation: Slab
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Mountainous, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Gross Income: 18000.00
  • Gross Scheduled Income: 18000.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 17160.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 840.00
  • Rent Control: No
  • Total Actual Rent: 1500.00
  • Total Expenses: 840.00

Tax Info

  • Tax Census Tract: 442.00
  • Tax Lot: 10
  • Tax Tract Number: 020069

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
59
Current Estimated Value
$460,850

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV19036289

California Regional Multiple Listing Service (CRMLS)

APN: 541-134-010