L
Seller's Agent in 2021
LARRY PERRY
PERRY REALTY GROUP
(951) 488-4950
1 in this area
7 Total Sales
162 N 3rd St Banning, CA 92220
Estimated Value: $323,000 - $485,000
3
Beds
2
Baths
1,252
Sq Ft
$310/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Neighborhood Views
- Cooling System Mounted To A Wall/Window
- No HOA
- Cottage
- Laundry Room
About This Home
As of October 2021Great Income opportunity property. This duplex is in the heart of Banning. Live in one and Collect Rent on the second unit. Has easy freeway access Near Restaurants and Schools only minutes away from famous Cabazon's Desert Hills Outlet Stores.
Last Agent to Sell the Property
PERRY REALTY GROUP License #01794022 Listed on: 08/11/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,204
Year Built
- Built in 1915
Lot Details
- 6,098 Sq Ft Lot
- Two or More Common Walls
- Fenced
- Fence is in average condition
- Back and Front Yard
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Rear-Facing Garage
- Gravel Driveway
Home Design
- Duplex
- Cottage
- Cosmetic Repairs Needed
- Slab Foundation
- Shingle Roof
- Common Roof
- Pre-Cast Concrete Construction
- Plaster
Interior Spaces
- 1,252 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Family Room with Fireplace
- Neighborhood Views
- Carbon Monoxide Detectors
- Gas Range
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Washer and Gas Dryer Hookup
Accessible Home Design
- Accessible Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Not Available
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, insurance, sewer, telephone, water
- Legal Lot and Block 6 / 223
- Tax Tract Number 441
- Assessor Parcel Number 540162013
- $60 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $10,950
- Net Operating Income $1,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2021
Closed on
Oct 8, 2021
Sold by
Hernandez Arturo
Bought by
Ramirez Brenda
Seller's Agent
LARRY PERRY
PERRY REALTY GROUP
Buyer's Agent
LARRY PERRY
PERRY REALTY GROUP
List Price
$310,000
Sold Price
$290,000
Premium/Discount to List
-$20,000
-6.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,421
Avg. Annual Appreciation
7.60%
Original Mortgage
$217,500
Outstanding Balance
$197,909
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$190,512
Purchase Details
Listed on
Aug 11, 2021
Closed on
Sep 16, 2021
Sold by
Hossain Mohammad Delwar and Hossain Fatema Khatun
Bought by
Ramirez Brenda
Seller's Agent
LARRY PERRY
PERRY REALTY GROUP
Buyer's Agent
LARRY PERRY
PERRY REALTY GROUP
List Price
$310,000
Sold Price
$290,000
Premium/Discount to List
-$20,000
-6.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Outstanding Balance
$197,909
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$190,512
Purchase Details
Closed on
Apr 5, 2018
Sold by
Hossain Mohammad Delwar
Bought by
Hossain Mohammad Delwar and Hossain Fatema Khatun
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jan 4, 2016
Closed on
Apr 27, 2016
Sold by
Hossain Fatema
Bought by
Hossain Mohammed Delwar
Seller's Agent
Jose Martinez
SUNSET HOMES REALTY
Buyer's Agent
LARRY PERRY
PERRY REALTY GROUP
List Price
$160,000
Sold Price
$135,000
Premium/Discount to List
-$25,000
-15.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%
Original Mortgage
$108,000
Interest Rate
3.64%
Mortgage Type
Commercial
Purchase Details
Listed on
Jan 4, 2016
Closed on
Apr 4, 2016
Sold by
Mozaffarimehr Mahnaz and Mozaffari Reza
Bought by
Hossain Mohammed Delwar
Seller's Agent
Jose Martinez
SUNSET HOMES REALTY
Buyer's Agent
LARRY PERRY
PERRY REALTY GROUP
List Price
$160,000
Sold Price
$135,000
Premium/Discount to List
-$25,000
-15.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.64%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 9, 2010
Sold by
Fannie Mae
Bought by
Mozaffarimehr Mahnaz and Mozaffari Reza
Purchase Details
Closed on
Sep 17, 2009
Sold by
Navarro Liz R
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Aug 4, 2006
Sold by
Cannavo Albert S
Bought by
Navarro Cesar and Navarro Liz R
Purchase Details
Closed on
Mar 13, 2006
Sold by
Cannavo Albert S and Cannavo Denise E
Bought by
Cannavo Albert S
Purchase Details
Closed on
Oct 5, 1999
Sold by
Cannavo Albert S and Cannavo Denise E
Bought by
Cannavo Albert S and Cannavo Denise E
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ramirez Brenda | -- | Chicago Title Company | |
| Ramirez Brenda | $290,000 | Chicago Title Company | |
| Hossain Mohammad Delwar | -- | Lawyers Title Ie | |
| Hossain Mohammed Delwar | -- | First American Title Company | |
| Hossain Mohammed Delwar | $135,000 | First American Title Company | |
| Mozaffarimehr Mahnaz | $52,500 | Lawyers Title Sd | |
| Federal National Mortgage Association | $236,908 | Landsafe Title | |
| Navarro Cesar | $150,000 | Financial Title Co San Berna | |
| Cannavo Albert S | -- | Financial Title Co San Berna | |
| Cannavo Albert S | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ramirez Brenda | $217,500 | |
| Previous Owner | Hossain Mohammad Delwar | $115,000 | |
| Previous Owner | Hossain Mohammed Delwar | $108,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/13/2021 10/13/21 | Sold | $290,000 | -6.5% | $232 / Sq Ft | |
| 08/11/2021 08/11/21 | For Sale | $310,000 | +129.6% | $248 / Sq Ft | |
| 05/03/2016 05/03/16 | Sold | $135,000 | -15.6% | $128 / Sq Ft | View Prior Sale |
| 03/25/2016 03/25/16 | Pending | -- | -- | -- | |
| 01/04/2016 01/04/16 | For Sale | $160,000 | -- | $152 / 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 |
|---|---|---|---|---|
| 2025 | $4,204 | $307,749 | $74,284 | $233,465 |
| 2023 | $4,204 | $295,800 | $71,400 | $224,400 |
| 2022 | $4,114 | $290,000 | $70,000 | $220,000 |
| 2021 | $2,126 | $147,639 | $38,276 | $109,363 |
| 2020 | $2,106 | $146,126 | $37,884 | $108,242 |
| 2019 | $2,074 | $143,262 | $37,142 | $106,120 |
| 2018 | $2,060 | $140,454 | $36,414 | $104,040 |
| 2017 | $2,026 | $137,700 | $35,700 | $102,000 |
| 2016 | $849 | $57,237 | $16,351 | $40,886 |
| 2015 | $837 | $56,379 | $16,106 | $40,273 |
| 2014 | $831 | $55,277 | $15,792 | $39,485 |
Source: Public Records
Agents Affiliated with this Home
-
LARRY PERRY
-
Jose Martinez
Seller's Agent in 2016
Jose Martinez
SUNSET HOMES REALTY
(951) 634-4833
9 in this area
55 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV21177361
APN: 540-162-013
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