NOT LISTED FOR SALE

181 N 2nd St Banning, CA 92220

Estimated Value: $474,438 - $555,000

5 Beds
3 Baths
2,314 Sq Ft
$222/Sq Ft Est. Value

Sale Details

Date Sold: September 19, 2016

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

Est. 71% increase in value since last sale

Current estimated payment $3,076 / mo

About This Home

As of June 2017

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 Rent the Property

Brandy Nelson

Windermere Homes & Estates License #01471742 Listed on: 12/27/2016

Last Renter's Agent

Brandy Nelson

Reliable Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1932

Lot Details

  • 15,246 Sq Ft Lot

Interior Spaces

  • 2,314 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Carport Space
  • 2 Car Parking Spaces
  • 1 Parking Garage Space

Listing and Financial Details

  • Security Deposit $3,503
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 540162004

Home Details

Home Type

Single Family

Year Built

Built in 1932

Lot Details

0.35 Acres

Rental Info

  • Lease Length: 12
  • Furnished: Unfurnished
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Next Available Date: 01/01/2016
  • Security Deposit: 3503.00

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Two
  • Builders Tract Code: NAOA
  • List Price per Sq Ft: 1.27
  • Lp Sp Ratio: 0.8475
  • Year Built: 1932
  • Pets Allowed: Call
  • Internal Listing I D: 20190608181703224192000000
  • Listing I D: 216037730
  • Listing Office Address: 73-725 El Paseo Dr., Ste 23A, Palm Desert, CA 92260
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 73-725 El Paseo Dr., Ste 23A, Palm Desert, CA 92260
  • Street Direction: N
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Flooring: Mixed
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 2314.00

Garage/Parking

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

Utilities

  • Sewer: Unknown

Lot Info

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

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
$512,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,610
Avg. Annual Appreciation
5.75%
Original Mortgage
$352,000
Outstanding Balance
$280,401
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$232,209

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Prior Sale
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 View Prior Sale
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

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

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216037730

California Desert Association of REALTORS®

APN: 540-162-004

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