NOT LISTED FOR SALE

276 N 5th St Banning, CA 92220

Estimated Value: $363,000 - $458,000

5 Beds
2 Baths
2,000 Sq Ft
$199/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $224,000 $112 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,378/month

63 Days on Market

Highlights

  • Two Primary Bedrooms
  • No HOA
  • Mountainous Community
  • Mountain View
  • Evaporated cooling system
  • Level Lot

About This Home

As of March 2017

THIS DUPLEX IS CENTRALLY LOCATED IN THE HEART OF BANNING IS A GREAT INVESTMENT PROPERTY TO ADD TO ANY PORTFOLIO. THIS PROPERTY HAS A GREAT RETURN LIVE-IN ONE AND RENT OUT THE OTHER. "THIS IS AN EXAMPLE OF A NEW CONVENTIONAL LOAN 10K DOWN, 225K LOAN AT 4.5 % MORTGAGE PAYMENT 1200 PER MONTH, RENT RECEIVED 895, YOUR PAYMENT MONTHLY 305.00, SUBJECT TO CREDIT AND INCOME QUALIFICATIONS". REAR UNIT 278 OFFERS 3 BEDROOMS 1 FULL BATH, NEW CEILING FAN, PAINT GRANITE COUNTERS AND NEW LAMINATE FLOORING THROUGHOUT. UNIT 276 IS A 3 BEDROOM 3/4 BATH WITH TILE FLOORING THROUGHOUT. EACH UNIT HAS SEPARATE FENCED YARD AREA. WALKING DISTANCE TO RESTAURANTS, CINEMAS AND BANNING UNIFIED SCHOOL DISTRICT.

Last Agent to Sell the Property

Enrique Salazar

NON-MEMBER/NBA or BTERM OFFICE License #01970710 Listed on: 12/02/2016

Last Buyer's Agent

Peggy Underwood

AMERICAN HOMES License #00416864

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 7,841 Sq Ft Lot
  • No Common Walls
  • Level Lot

Property Views

  • Mountain
  • Neighborhood

Home Design

  • 2,000 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms | 6 Main Level Bedrooms
  • Double Master Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Schools

  • Banning High School

Utilities

  • Evaporated cooling system
  • No Heating

Community Details

  • No Home Owners Association
  • Mountainous Community

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 540143006

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R3
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 540143006
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2000.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 6
  • Price Per Square Foot: 112.00
  • Room Type: Two Masters

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No

Utilities

  • Heating: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous, Sidewalks, Street Lights

Schools

  • High School: Banning
  • High School2: BANNIN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 7841.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 441.01
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2021
Sold by
Griffiths Catheryn
Bought by
Griffiths Catheryn and Medina Roberto
Current Estimated Value
$404,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,600
Outstanding Balance
$214,083
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$182,923

Purchase Details

Listed on
Dec 2, 2016
Closed on
Mar 6, 2017
Sold by
Nutek Enterprises Inc
Bought by
Griffiths Catheryn
Seller's Agent
Enrique Salazar
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Peggy Underwood
AMERICAN HOMES
List Price
$239,000
Sold Price
$224,000
Premium/Discount to List
-$15,000
-6.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$219,942
Interest Rate
4.15%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2015
Sold by
Mdgv Properties Llc
Bought by
Nutek Enterprises Inc

Purchase Details

Closed on
Jul 23, 2014
Sold by
Chen Don
Bought by
Mdgv Properties Llc

Purchase Details

Listed on
Apr 10, 2013
Closed on
Mar 25, 2014
Sold by
Chen Don
Bought by
Chen May
Seller's Agent
Diana Hsueh
Homequest Real Estate
Buyer's Agent
Diana Hsueh
Homequest Real Estate
List Price
$169,000
Sold Price
$149,000
Premium/Discount to List
-$20,000
-11.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%

Purchase Details

Listed on
Apr 10, 2013
Closed on
Mar 24, 2014
Sold by
5Th St Trust #276
Bought by
Reo Properties Group Inc
Seller's Agent
Diana Hsueh
Homequest Real Estate
Buyer's Agent
Diana Hsueh
Homequest Real Estate
List Price
$169,000
Sold Price
$149,000
Premium/Discount to List
-$20,000
-11.83%

Purchase Details

Closed on
Jan 10, 2014
Sold by
Reo Properties Group Inc
Bought by
Chen May

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 14, 2013
Sold by
Perkins Charles E and Perkins Marilyn M
Bought by
5Th St Trust

Purchase Details

Closed on
Aug 24, 2006
Sold by
Quayle Christopher J
Bought by
Perkins Marilyn M and Perkins Charles E

Purchase Details

Closed on
Aug 1, 2005
Sold by
Perkins Marilyn M
Bought by
Quayle Christopher J

Purchase Details

Closed on
Dec 11, 2002
Sold by
Perkins Charles E and Perkins Marilyn
Bought by
Perkins Charles E and Perkins Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2000
Sold by
Provencher James E and Provencher George
Bought by
Perkins Charles E and Perkins Marilyn

Purchase Details

Closed on
Mar 20, 1996
Sold by
Sharp Vickie L
Bought by
Provencher James E and Provencher George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,335
Interest Rate
7.97%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 1994
Sold by
Sharp David E
Bought by
Sharp Vickie 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
Griffiths Catheryn -- Amrock Llc
Griffiths Catheryn $224,000 Lawyers Title
Nutek Enterprises Inc -- Lawyers Title Ie
Mdgv Properties Llc -- None Available
Chen Don -- None Available
Chen May -- Lawyers Title
Reo Properties Group Inc -- Lawyers Title
Chen May $149,000 Lawyers Title
5Th St Trust $115,300 None Available
Perkins Marilyn M -- None Available
Quayle Christopher J -- None Available
Perkins Charles E -- Chicago Title Co
Perkins Charles E -- Chicago Title Co
Provencher James E $55,000 Gateway Title
Sharp Vickie L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffiths Catheryn $236,600
Closed Griffiths Catheryn $219,942
Previous Owner Chen May $120,000
Previous Owner Perkins Charles E $126,000
Previous Owner Provencher James E $55,335
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2017 03/31/17 Sold $224,000 -6.3% $112 / Sq Ft
12/02/2016 12/02/16 For Sale $239,000 +60.4% $120 / Sq Ft
03/31/2014 03/31/14 Sold $149,000 -11.8% $75 / Sq Ft View Prior Sale
12/12/2013 12/12/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $169,000 -- $85 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,562 $259,963 $29,011 $230,952
2023 $3,562 $249,871 $27,886 $221,985
2022 $3,486 $244,973 $27,340 $217,633
2021 $3,419 $240,170 $26,804 $213,366
2020 $3,390 $237,709 $26,530 $211,179
2019 $3,337 $233,049 $26,010 $207,039
2018 $3,315 $228,480 $25,500 $202,980
2017 $2,684 $183,600 $25,500 $158,100
2016 $2,553 $180,000 $25,000 $155,000
2015 $2,165 $151,980 $20,400 $131,580
2014 $1,712 $117,810 $15,810 $102,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW16756635

California Regional Multiple Listing Service (CRMLS)

APN: 540-143-006

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