$660,000
SOLD OCT 31, 2024

18477 Banyon Ave Rialto, CA 92377

4 Beds
2 Baths
1 Sq Ft
9,912 Sq Ft Lot

Recently Sold

$660,000 Per Sq Ft

4% Below List Price

201 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • 5-minute walk to Roger Birdsall Park
  • Laundry Room

About This Home

As of October 2024

Home is back on the market. Location Location. This Duplex is located in one of the best areas of Riatlo. It features 2 units with 2 bedroom and 1 baths each. There is a laundry room that you can add a coin operated washing machine and dryer. The duplex has a new roof, windows and has a large lot. You may be able to build another duplex or ADU in the back( check with city permits). Tons of potential. Local rents in the area are north of 2k a month. Also perfect for 1st time home buyer. They can live in 1 and rent the other unit. It's within walking distance of the local High School. This will go fast.

Last Agent to Sell the Property

Ryan Johnson

RYAN JOHNSON, BROKER Brokerage Phone: 909-239-5966 License #01255571 Listed on: 02/26/2024

Last Buyer's Agent

Yenny Madrid

Keller Williams Realty License #01958324

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,699

Year Built

  • Built in 1970

Lot Details

  • 9,912 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 1 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 3394
  • Assessor Parcel Number 1133171180000
  • $1,060 per year additional tax assessments

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $100
  • Operating Expense $100
  • Gross Income $3,700
  • Net Operating Income $3,700

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,699

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Price Per Unit: 329940
  • Property Attached: Yes
  • Zoning: RS-20M
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 1133171180000
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Gas Dryer Hookup, Washer Hookup
  • Sewer: Septic Type Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Sq Ft: 9912.00
  • Lot Size Acres: 0.2275

Multi Family

  • Gross Income: 3700.00
  • Gross Scheduled Income: 55200.00
  • Insurance Expense: 100.00
  • Lot Size Area: 9912.0000 Square Feet
  • Net Operating Income: 3700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 300.00
  • Rent Control: No
  • Total Expenses: 100.00

Tax Info

  • Tax Census Tract: 27.09
  • Tax Lot: 1
  • Tax Tract Number: 3394
  • TaxOtherAnnualAssessmentAmount: 1060.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Sep 17, 2024
Sold by
Johnson Maria S
Bought by
Padilla Manuel S and Renteria Magaly
Seller's Agent
Ryan Johnson
RYAN JOHNSON, BROKER
Buyer's Agent
Yenny Madrid
Keller Williams Realty
List Price
$689,880
Sold Price
$660,000
Premium/Discount to List
-$29,880
-4.33%
Total Days on Market
201
Views
123
Current Estimated Value
$698,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,646
Avg. Annual Appreciation
6.47%
Original Mortgage
$594,000
Outstanding Balance
$588,662
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$105,720

Purchase Details

Closed on
Dec 1, 2016
Sold by
Johnson Dennis M
Bought by
Johnson Maria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2016
Sold by
Johnson Maria S
Bought by
Johnson Maria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
3.52%
Mortgage Type
New Conventional
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 $660,000 Wfg National Title Company
Interfamily Deed Transfer -- Wfg National Title Company
Interfamily Deed Transfer -- Wfg National Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $594,000 New Conventional
Previous Owner $178,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $660,000 0.0% $660,000 / Sq Ft
09/14/2024 09/14/24 Pending -- -- --
08/29/2024 08/29/24 Price Changed $659,880 -4.3% $659,880 / Sq Ft
08/09/2024 08/09/24 For Sale $689,880 +4.5% $689,880 / Sq Ft
07/17/2024 07/17/24 Off Market $660,000 -- --
07/17/2024 07/17/24 For Sale $689,880 +4.5% $689,880 / Sq Ft
06/17/2024 06/17/24 Off Market $660,000 -- --
06/16/2024 06/16/24 For Sale $689,880 +4.5% $689,880 / Sq Ft
03/17/2024 03/17/24 Off Market $660,000 -- --
03/17/2024 03/17/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $689,880 -- $689,880 / 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
2025 $3,699 $660,000 $200,000 $460,000
2024 $3,699 $277,408 $87,231 $190,177
2023 $3,780 $271,969 $85,521 $186,448
2022 $3,515 $266,636 $83,844 $182,792
2021 $3,488 $261,408 $82,200 $179,208
2020 $3,506 $258,727 $81,357 $177,370
2019 $3,429 $253,654 $79,762 $173,892
2018 $3,175 $248,680 $78,198 $170,482
2017 $3,151 $243,804 $76,665 $167,139
2016 $2,189 $167,603 $53,327 $114,276
2015 $2,199 $165,085 $52,526 $112,559
2014 $2,057 $161,851 $51,497 $110,354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV24037611

California Regional Multiple Listing Service (CRMLS)

APN: 1133-171-18