$200,000
SOLD AUG 15, 2024

218 N 4th St Banning, CA 92220

2 Beds
1 Bath
776 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$258 Per Sq Ft

6% Above List Price

9 Days on Market

Highlights

  • Corner Lot
  • Neighborhood Views
  • Laundry Room
  • No HOA
  • Evaporated cooling system
  • West Facing Home

About This Home

As of August 2024

Attention Investors & Contractors, here's a an opportunity for you. Major Fixer upper home on a 6,970 square foot corner lot with alley access. Home and garage is in need of a full remodel & repair or probably a tear down & rebuild. Southeast corner of home has major cracks. Extensive damage throughout. Ceiling above southeast bedroom no longer has roofing material above it and daylight can be see through the ceiling & roof. Flooring damaged. Toilet falling through floor. Northwest bedroom appears to be an addition and may be on a slab, rest of home is on a raised foundation.
Located in central Banning on a nice wide street. Three blocks from Central Elementary School and short distance to Nicolet Middle School, Repplier Park & Banning's Community Center which features community recreation center, pool, tennis courts & playhouse bowl. Cash sale only due to property condition, assignment sales will not be approved by the seller, direct purchasers only.

Last Agent to Sell the Property

David Fenn

FENN REAL ESTATE, INC. Brokerage Phone: 951-265-5200 License #01262854 Listed on: 06/27/2024

Last Buyer's Agent

David Fenn

FENN REAL ESTATE, INC. Brokerage Phone: 951-265-5200 License #01262854 Listed on: 06/27/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $315

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Property fronts an alley
  • West Facing Home
  • Corner Lot
  • Level Lot
  • Value in Land
  • Tear Down
  • Property is zoned R3

Parking

  • 1 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door

Home Design

  • Major Repairs Completed
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 776 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 3 Main Level Bedrooms
  • 1 Full Bathroom

Location

  • Suburban Location

Utilities

  • Evaporated cooling system
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 22 / 228
  • Assessor Parcel Number 540151010
  • $64 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$315

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Subdivision Name Other: Central Banning
  • View: Yes
  • Zoning: R3
  • Property Condition: Fixer, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 540151010
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 776.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 257.73
  • Room Type: All Bedrooms Down

Exterior Features

  • Direction Faces: West
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Schools

  • School District: Banning Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Lot 6500-9999, Level, Tear Down, Value In Land
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600
  • Latitude Manual: 33.92733900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 228
  • Tax Census Tract: 441.01
  • Tax Lot: 22
  • Tax Tract Number: 0000
  • TaxOtherAnnualAssessmentAmount: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Aug 2, 2024
Sold by
Bear Flag Homes Llc
Bought by
Jvm Transport Llc
Seller's Agent
David Fenn
FENN REAL ESTATE, INC.
Buyer's Agent
David Fenn
FENN REAL ESTATE, INC.
List Price
$189,000
Sold Price
$200,000
Premium/Discount to List
$11,000
5.82%
Total Days on Market
9
Views
91
Current Estimated Value
$242,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,298
Avg. Annual Appreciation
27.49%
Original Mortgage
$311,200
Outstanding Balance
$309,097
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
-$66,799

Purchase Details

Listed on
Jun 27, 2024
Closed on
Jul 10, 2024
Sold by
Swope Ricky Lee and Asmussen Michele W
Bought by
Bear Flag Homes Llc
Seller's Agent
David Fenn
FENN REAL ESTATE, INC.
Buyer's Agent
David Fenn
FENN REAL ESTATE, INC.
List Price
$189,000
Sold Price
$200,000
Premium/Discount to List
$11,000
5.82%
Views
91

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Outstanding Balance
$309,097
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
-$66,799

Purchase Details

Closed on
Aug 8, 1995
Sold by
Verzal Barbara Sue
Bought by
Swope Rickey Lee
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $227,000 Lawyers Title
Grant Deed $200,000 Ticor Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $311,200 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Sold $200,000 0.0% $258 / Sq Ft
07/06/2024 07/06/24 Pending -- -- --
07/05/2024 07/05/24 Off Market $200,000 -- --
06/27/2024 06/27/24 For Sale $189,000 -- $244 / 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
2023 $315 $17,933 $5,873 $12,060
2022 $310 $17,582 $5,758 $11,824
2021 $305 $17,239 $5,646 $11,593
2020 $300 $17,064 $5,589 $11,475
2019 $296 $16,730 $5,480 $11,250
2018 $293 $16,403 $5,373 $11,030
2017 $287 $16,082 $5,268 $10,814
2016 $274 $15,767 $5,165 $10,602
2015 $270 $15,533 $5,089 $10,444
2014 $268 $15,232 $4,991 $10,241
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV24131515

California Regional Multiple Listing Service (CRMLS)

APN: 540-151-010