Rudy Cantoran
KW The Lakes
(562) 317-6034
66 Total Sales
1 in Banning
$345,000 Price
1877 W Ramsey St Banning, CA 92220
Banning Area
1
Bed
1
Bath
--
Sq Ft
1.3
Acre Lot
About This Home
As of November 2013SELLER FINANCING AVAILABLE!!! Plenty of Upside...14.04% Proforma CAP...Monterey Mobile Lodge is a 19-unit mobile home park and was constructed in the 1950's on approximately 1.30 acres. Gas, electric, trash and water utilities are sub-metered and paid by the landlord. The park consists of 16 park-owned mobile units and 3 apartments. The park also includes a small laundry room. There are currently 5 vacancies. Three vacant units that need to be renovated and three units are currently being renovated and will be available to be rent out soon. Plenty of upside. Low Maintenance...
Last Agent to Sell the Property
PAEZ REALTY COMPANY License #01728129 Listed on: 05/01/2013
Last Buyer's Agent
Jack DeArmond
RE/MAX Fine Homes License #01736441
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 1.3 Acre Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Parking
- 19 Parking Spaces
Home Design
- Property Attached
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 8
Community Details
Overview
- 17 Buildings
- 19 Units
Building Details
- 19 Separate Electric Meters
- 19 Separate Gas Meters
- 19 Separate Water Meters
- Insurance Expense $2,977
- Maintenance Expense $3,941
- Trash Expense $4,462
- New Taxes Expense $8,347
- Gross Income $12,350
- Net Operating Income $83,513
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2013
Closed on
Nov 11, 2013
Sold by
Bought by
Seller's Agent
Robert Paez
PAEZ REALTY COMPANY
Buyer's Agent
Jack DeArmond
RE/MAX Fine Homes
List Price
$595,000
Sold Price
$550,000
Premium/Discount to List
-$45,000
-7.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$253,732
Interest Rate
4.23%
Mortgage Type
Seller Take Back
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Banning, CA
-
Rudy Cantoran
-
Christina Powers
Christina Powers
KW The Lakes
(951) 395-8485
55 Total Sales
1 in Banning
$380,000 Price
-
Javier Castillo
Javier Castillo
REAL ESTATE ADVISORS
(951) 457-5052
60 Total Sales
1 in Banning
$52,500 Price
-
Stephen Rudnicki
Stephen Rudnicki
Responds QuicklyRemax Foothills
(909) 764-3820
50 Total Sales
2 in Banning
$385,000 Price Range
-
Yescenia Osorio
Yescenia Osorio
VISMAR REAL ESTATE
(877) 890-9870
72 Total Sales
1 in Banning
$344,000 Price
-
Judy Sailors
Judy Sailors
EXP REALTY OF CALIFORNIA INC.
(909) 675-0971
71 Total Sales
1 in Banning
$349,900 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $550,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $350,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/11/2013 11/11/13 | Sold | $550,000 | -7.6% | -- |
| 10/03/2013 10/03/13 | Pending | -- | -- | -- |
| 03/09/2013 03/09/13 | For Sale | $595,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $9,399 | $687,695 | $250,069 | $437,626 |
| 2025 | $9,166 | $674,212 | $245,166 | $429,046 |
| 2023 | $9,166 | $648,034 | $235,647 | $412,387 |
| 2022 | $8,968 | $635,328 | $231,027 | $404,301 |
| 2021 | $8,795 | $622,872 | $226,498 | $396,374 |
| 2020 | $8,724 | $616,486 | $224,176 | $392,310 |
| 2019 | $8,588 | $604,399 | $219,781 | $384,618 |
| 2018 | $8,535 | $592,549 | $215,472 | $377,077 |
| 2017 | $8,400 | $580,932 | $211,248 | $369,684 |
| 2016 | $7,988 | $569,542 | $207,106 | $362,436 |
| 2015 | $7,875 | $560,989 | $203,996 | $356,993 |
| 2014 | $7,826 | $550,000 | $200,000 | $350,000 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Paez
Seller's Agent in 2013
Robert Paez
PAEZ REALTY COMPANY
(909) 476-3552
123 Total Sales
-
J
Buyer's Agent in 2013
Jack DeArmond
RE/MAX
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV13041153
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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