$380,000
SOLD JUN 25, 2024

1999 N 8th St Banning, CA 92220

160 Acres
$2,377 Price per Acre
6,964,373 Sq Ft Lot

Recently Sold

42% Below List Price

872 Days on Market

About This Lot

As of June 2024

Ranch/ Agriculture Residential Hillside (RAR-H) (1 du/10 acres). This zoning district is assigned to lands in the foothills. Portions of the site exceeding 25% slope as well as the ridgelines are to be preserved as open space, but density may be transferred to developable areas. If a density transfer is applied, the maximum density for the developable lands shall be one dwelling unit per 5 acres. There is a recorded easement for the tower located on the property, and as part of the recorded easement it gives the owner of the tower easement a right of first refusal. In the event the tower owner does not exercise their option the new buyer would be responsible in taking over the requirements of the easement agreement. The tower lease is not included in the sale and can not be purchased. Potential to get one dwelling unit per 10 acre, and possibly do some clustering based on topography, etc. Per City of Banning

Last Agent to Sell the Property

Joseph Brady

The Bradco Companies Brokerage Email: jbrady@thebradcocompanies.com License #00773589 Listed on: 12/30/2021

Last Buyer's Agent

Raul Diaz

Nationwide Realty License #01924083

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,900

Year Built

  • 1985

Lot Details

  • 159.88 Acre Lot
  • The property's topography is hilly,rolling
  • Zoning described as Agriculture

Property Views

  • Valley Views

Utilities

  • No Utilities
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 535080018

Property Details

Property Type

Land

Est. Annual Taxes

$12,900

Year Built

1985

Lot Details

0

Listing Details

  • Road Surface Type: Unpaved
  • View: Yes
  • Zoning Description: Agriculture
  • Property Type: Land
  • Parcel Number: 535080018
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1985

Interior Features

  • Price Per Square Foot: 0.05

Exterior Features

  • View: Valley

Utilities

  • Utilities: None
  • Sewer: None

Lot Info

  • Topography: Hilly,Rolling
  • Lot Size Sq Ft: 6964373.00
  • Lot Size Acres: 159.8800
  • Latitude Manual: 33.94348500

Multi Family

  • Lot Size Area: 6964373.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2024
Sold by
Uberous Inc
Bought by
Loma Linda University
Total Days on Market
872
Current Estimated Value
$1,046,622

Purchase Details

Listed on
Dec 30, 2021
Closed on
May 30, 2024
Sold by
American Lifetime Homes Number One Llc
Bought by
Hberous Inc
Seller's Agent
Joseph Brady
The Bradco Companies
Buyer's Agent
Raul Diaz
Nationwide Realty
List Price
$650,000
Sold Price
$380,000
Premium/Discount to List
-$270,000
-41.54%
Views
113

Purchase Details

Closed on
Apr 12, 2005
Sold by
Xchange Solutions Inc
Bought by
American Lifetime Homes #1 Llc

Purchase Details

Closed on
Jan 13, 2005
Sold by
Stuart William R
Bought by
Xchange Solutions Inc

Purchase Details

Closed on
Feb 10, 2004
Sold by
Stuart Carolyn Tobiason
Bought by
Stuart William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 30, 2003
Sold by
Fuller Robert F and Fuller Glenell R
Bought by
Stuart William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 15, 1997
Sold by
Stuart Marshall P and Stuart William R
Bought by
New Order Of Glastonbury Inc

Purchase Details

Closed on
Jul 15, 1997
Sold by
Banning Dev Venture
Bought by
Stuart Marshall P and Stuart William R
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 Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $380,000 Ticor Title
Grant Deed $501,500 First American Title Co
Grant Deed -- --
Interfamily Deed Transfer -- First American Title Co
Grant Deed $470,000 First American Title Co
Corporate Deed -- --
Grant Deed -- --
Partnership Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $380,000 -41.5% --
05/20/2024 05/20/24 Pending -- -- --
05/06/2022 05/06/22 Price Changed $650,000 0.0% --
05/06/2022 05/06/22 For Sale $650,000 +71.1% --
03/30/2022 03/30/22 Off Market $380,000 -- --
12/30/2021 12/30/21 For Sale $353,748 -- --
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
2023 $12,900 $914,549 $880,574 $33,975
2022 $12,620 $896,617 $863,308 $33,309
2021 $12,376 $879,037 $846,381 $32,656
2020 $12,277 $870,025 $837,703 $32,322
2019 $12,084 $852,967 $821,278 $31,689
2018 $12,011 $836,243 $805,175 $31,068
2017 $11,821 $819,847 $789,388 $30,459
2016 $11,240 $803,772 $773,910 $29,862
2015 $11,081 $791,700 $762,286 $29,414
2014 $11,012 $776,193 $747,354 $28,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 541965

California Regional Multiple Listing Service (CRMLS)

APN: 535-080-018