NOT LISTED FOR SALE

1512 Adam St Banning, CA 92220

Estimated Value: $490,628 - $545,000

3 Beds
2 Baths
1,759 Sq Ft
$292/Sq Ft Est. Value

Last Sold May 09, 2016

Last sale price $265,000 $151 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,206/month

12 Days on Market

Highlights

  • 0.46 Acre Lot
  • Lawn
  • 3 Car Attached Garage
  • Mountain View
  • Formal Dining Room
  • Breakfast Bar

About This Home

As of May 2016

This is a great home in the wonderful neighborhood of Fair Oaks Ranch with NO HOA. Lots of up-grades! The lot is fabulous for a family, the view is amazing! It's about a 1/2 acre, so much to enjoy, great possibilities. Enjoy the paver back patio. It's zoned for livestock too. Great 3 bedroom, 2 bath home. You'll love how clean this house is. The owner put in porcelain tile in all rooms except the bedrooms. Newer carpet in the bedrooms. Nicely painted interior. You could park an RV on the side of the house if you want. It's a 3 car garage, 2 cars are tandem. Very close to Lions Park. Come take a look at your new home!

Last Agent to Sell the Property

Teri Finley

License #01346147 Listed on: 03/14/2016

Last Buyer's Agent

Out Side Agent

Desert Real Estate Consultants, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,003

Year Built

  • Built in 2004

Lot Details

  • 0.46 Acre Lot
  • Home has North and South Exposure
  • Block Wall Fence
  • Chain Link Fence
  • Sprinklers on Timer
  • Lawn

Home Design

  • Slab Foundation
  • Tile Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1,759 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Vertical Blinds
  • Sliding Doors
  • Great Room with Fireplace
  • Formal Dining Room
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 3 Car Attached Garage
  • Driveway
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 543220011
  • Special Tax Authority

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,003

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: One
  • Builders Tract Code: NA263
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 158.61
  • Lp Sp Ratio: 0.9498
  • View Type: Mountain(s)
  • Year Built: 2004
  • Listing I D: 216009060
  • Listing Office Address: 76300 Country Club Dr, Palm Desert, CA 92211
  • Listing Office Fax: (760) 345-3583
  • Selling Member Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Fax: (760) 999-9999
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Oven, Gas Range, Gas/Elec Dryer Hookup, Microwave Oven
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Formal Dining Room
  • Kitchen Features: Tile Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 1759.00
  • Windows Treatments: Vertical Blinds

Exterior Features

  • Construction: Stucco, Wood
  • Roofing: Tile
  • Fencing: Block, Chain Link
  • Foundation: Slab
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway, On Street
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central Air
  • Heating: Central, Fireplace(s), Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 543220011
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.4600
  • Lot Description: Fenced, Lawn
  • Lot Size: 20038.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
Apr 19, 2016
Sold by
Vargo Dawn M
Bought by
Meservey Bret J
Seller's Agent
Teri Finley
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$279,000
Sold Price
$265,000
Premium/Discount to List
-$14,000
-5.02%
Current Estimated Value
$514,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,407
Avg. Annual Appreciation
7.26%
Original Mortgage
$260,200
Outstanding Balance
$206,916
Interest Rate
3.71%
Mortgage Type
FHA
Estimated Equity
$307,491

Purchase Details

Closed on
May 27, 2011
Sold by
Burkett Teodora and Blanco Teodora
Bought by
Vargo Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,969
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2006
Sold by
Wellen Gregory
Bought by
Blanco Teodora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,920
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2004
Sold by
Haggerty Sandra
Bought by
Wellen Gregory

Purchase Details

Closed on
Jul 14, 2004
Sold by
Fair Oaks Banning Llc
Bought by
Wellen Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,472
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Meservey Bret J $265,000 Chicago Title Insurance Co
Vargo Dawn M $159,000 First American Title Company
Blanco Teodora $400,000 First American Title Porscha
Wellen Gregory -- Fidelity National Title Ins
Wellen Gregory $287,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meservey Bret J $260,200
Previous Owner Vargo Dawn M $154,969
Previous Owner Blanco Teodora $319,920
Previous Owner Wellen Gregory $229,472
Closed Wellen Gregory $57,368
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2016 05/09/16 Sold $265,000 -5.0% $151 / Sq Ft
03/26/2016 03/26/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $279,000 -- $159 / Sq Ft
Source: California Desert Association of REALTORS®

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 $6,003 $313,701 $53,268 $260,433
2023 $6,003 $301,521 $51,200 $250,321
2022 $5,906 $295,610 $50,197 $245,413
2021 $5,785 $289,814 $49,213 $240,601
2020 $5,784 $286,843 $48,709 $238,134
2019 $5,722 $281,219 $47,754 $233,465
2018 $5,668 $275,706 $46,818 $228,888
2017 $5,588 $270,300 $45,900 $224,400
2016 $4,034 $172,074 $43,288 $128,786
2015 $3,984 $169,491 $42,639 $126,852
2014 $4,004 $166,172 $41,804 $124,368
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Teri Finley

  • O

    Buyer's Agent in 2016

    Out Side Agent

    Desert Real Estate Consultants, Inc.

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 216009060

California Desert Association of REALTORS®

APN: 543-220-011

California Riverside County Banning 92220

1512 Adam St, Banning, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes