NOT LISTED FOR SALE

181 N 2nd St Banning, CA 92220

Estimated Value: $478,159 - $579,000

5 Beds
3 Baths
2,314 Sq Ft
$227/Sq Ft Est. Value

Last Sold September 19, 2016

Last sale price $300,000 $130 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,155/month

98 Days on Market

About This Home

As of September 2016

First time ever available for lease! This historic home can be lived in or this is a great opportunity for a law firm or other professional firm to have a Victorian in the Center of Banning's Commercial District. The HVAC, electrical and new drywall have been completed. A major portion of the original doors and moldings are in place. The outside yard is being renovated with new secured parking in the rear of the house.This is a must see opportunity! Located in the Heart of Downtown Banning! Just a few blocks from all city buildings including the new Superior Court.

Last Agent to Sell the Property

Brandy Nelson

Point Home Realty Group License #01471742 Listed on: 04/13/2016

Co-Listed By

Dennis Bowman

Point Home Realty Group License #01194723

Last Buyer's Agent

Brandy Nelson

Reliable Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,312

Year Built

  • Built in 1932

Lot Details

  • 0.35 Acre Lot

Interior Spaces

  • 2,314 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Carport Space
  • 2 Car Parking Spaces

Listing and Financial Details

  • Assessor Parcel Number 540162004

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,312

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Two
  • Builders Tract Code: NA263
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 127.48
  • Lp Sp Ratio: 1.0169
  • View Type: Mountain(s)
  • Year Built: 1932
  • Co Listing Office Address: 45110 Club Drive, Suite D, Indian Wells, CA 92210
  • Co Listing Office Fax: (949) 297-1787
  • Listing I D: 216012440
  • Listing Office Address: 45110 Club Drive, Suite D, Indian Wells, CA 92210
  • Listing Office Fax: (949) 297-1787
  • Selling Office Address: 45110 Club Drive, Suite D, Indian Wells, CA 92210
  • Selling Office Fax: (949) 297-1787
  • Street Direction: N
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Flooring: Mixed
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 2314.00

Exterior Features

  • View: Yes

Garage/Parking

  • Total Carport Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: In, Connected and Paid

Lot Info

  • Assessor Parcel Number: 540162004
  • Lot Acres: 0.3500
  • Lot Size: 15246.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2016
Closed on
Aug 11, 2016
Sold by
Malinowski Albin J and Malinowski Claudia L
Bought by
Prime Office Llc
Seller's Agent
Brandy Nelson
Point Home Realty Group
Buyer's Agent
Brandy Nelson
Reliable Realty
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%
Current Estimated Value
$525,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,290
Avg. Annual Appreciation
6.38%
Original Mortgage
$352,000
Outstanding Balance
$280,401
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$244,889

Purchase Details

Closed on
Mar 22, 2016
Sold by
Malinowski Claudia Lyn and Malinowski Albin J
Bought by
The Malinowski Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2016
Sold by
Malinowski Albin J and Malinowski Claudia L
Bought by
Malinowski Claudia Lyn and Malinowski Albin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2010
Sold by
Malinowski Claudia L
Bought by
Malinowski Albin J and Malinowski Claudia L

Purchase Details

Closed on
May 19, 2009
Sold by
Holbrook Sylvia Jo
Bought by
Malinowski Claudia L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Prime Office Llc $300,000 First American Title Company
The Malinowski Trust -- None Available
Malinowski Claudia Lyn -- Lawyers Title
Malinowski Albin J -- None Available
Malinowski Claudia L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prime Office Llc $352,000
Previous Owner Malinowski Claudia Lyn $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2017 06/01/17 Rented $2,500 -15.3% --
03/22/2017 03/22/17 Price Changed $2,950 -15.8% $1 / Sq Ft
12/27/2016 12/27/16 For Rent $3,503 0.0% --
09/19/2016 09/19/16 Sold $300,000 +1.7% $130 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $295,000 -- $127 / 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 $4,312 $315,673 $88,201 $227,472
2023 $4,312 $303,417 $84,777 $218,640
2022 $4,219 $297,468 $83,115 $214,353
2021 $4,138 $291,636 $81,486 $210,150
2020 $4,103 $288,647 $80,651 $207,996
2019 $4,039 $282,988 $79,070 $203,918
2018 $4,013 $277,440 $77,520 $199,920
2017 $3,949 $272,000 $76,000 $196,000
2016 $540 $41,921 $13,781 $28,140
2015 $531 $41,293 $13,575 $27,718
2014 $525 $40,486 $13,310 $27,176
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Brandy Nelson

    Windermere Homes & Estates

  • D

    Seller Co-Listing Agent in 2016

    Dennis Bowman

    Point Home Realty Group

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 216012440

California Desert Association of REALTORS®

APN: 540-162-004

California Riverside County Banning 92220

181 N 2nd St, Banning, CA

This home is located at 181 N 2nd St, Banning, CA 92220 since 13 April 2016 and is currently estimated at $525,290, approximately $227 per square foot. This property was built in 1932. 181 N 2nd St is a home located in Riverside County with nearby schools including Banning High School.

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.

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