$50,000
SOLD SEP 3, 2013

278 N Cherry St Banning, CA 92220

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

Recently Sold

$53 Per Sq Ft

54% Below List Price

274 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • No Heating

About This Home

As of October 2020

GREAT INVESTMENT PROPERTY OR FIRST TIME HOME OWNERS
RENTS ARE HIGH IN THE AREA
PROPERTY JUST GOT A MAJOR MAKE OVER WITH TILE THRU OUT/HARD WOOD FLOORS/ NEW WINDOWS /DOORS/FRESH PAINT ECT.. A MUST SEE!!!
RENTS FROM $800.00-950.00 MONTHLY
SUBJECT TO LENDER APPROVAL

Last Agent to Sell the Property

Rafael Galvez

EXCELLENCE RE REAL ESTATE License #01270002 Listed on: 08/27/2012

EXCELLENCE RE REAL ESTATE

Last Buyer's Agent

Rafael Galvez

EXCELLENCE RE REAL ESTATE License #01270002 Listed on: 08/27/2012

EXCELLENCE RE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,536

Year Built

  • Built in 1958

Parking

  • 1 Car Garage

Home Design

  • 952 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • 6,970 Sq Ft Lot
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 19
  • Assessor Parcel Number 541132010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,536

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 541132010
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 952.00
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 52.52
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00

Utilities

  • Heating: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6970.0000 Square Feet

Tax Info

  • Tax Lot: 35
  • Tax Tract Number: 019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 28, 2020
Sold by
Ganuza Jose M
Bought by
Briseno Vanessa M and Gonzalez Juan A
Seller's Agent
FERNANDO RAMIREZ
EXCELLENCE RE REAL ESTATE
Buyer's Agent
ANGELA RAMOS
RHS REAL ESTATE
List Price
$245,000
Sold Price
$245,000
Total Days on Market
274
Current Estimated Value
$348,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,028
Avg. Annual Appreciation
7.92%
Original Mortgage
$240,562
Outstanding Balance
$217,457
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$130,091

Purchase Details

Listed on
Aug 8, 2017
Closed on
Nov 14, 2017
Sold by
Ganuza Iris
Bought by
Ganuza Jose M
Seller's Agent
MARCO VELAZQUEZ
Lazarus Realty Company
Buyer's Agent
FERNANDO FIGUEREDO
REALTY MASTERS & ASSOCIATES
List Price
$185,000
Sold Price
$188,500
Premium/Discount to List
$3,500
1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$185,085
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 8, 2017
Closed on
Oct 6, 2017
Sold by
Soto Carlos Sagastume
Bought by
Ganuza Jose M
Seller's Agent
MARCO VELAZQUEZ
Lazarus Realty Company
Buyer's Agent
FERNANDO FIGUEREDO
REALTY MASTERS & ASSOCIATES
List Price
$185,000
Sold Price
$188,500
Premium/Discount to List
$3,500
1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,085
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 6, 2016
Closed on
Jan 19, 2017
Sold by
Ramirez Azim
Bought by
Soto Carlos Sagastume
Seller's Agent
DENNYS ROSAS
CENTURY 21 SYNERGIA REALTY
Buyer's Agent
ELIZABETH MIFFLETON
KELLER WILLIAMS REALTY
List Price
$129,999
Sold Price
$130,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.76%
Original Mortgage
$115,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 23, 2013
Closed on
Jan 22, 2014
Sold by
Rey Sanchez Investments
Bought by
Ramirez Azim
Seller's Agent
LISA YEE
REALTY MASTERS & ASSOC. INC.
Buyer's Agent
CONCY CASTANEDA
CASTANEDA REAL ESTATE
List Price
$104,999
Sold Price
$110,000
Premium/Discount to List
$5,001
4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$108,007
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 27, 2012
Closed on
Jul 11, 2013
Sold by
Rodriguez Gabino Martinez and Vital Jovita
Bought by
Rey Sanchez Investments
Seller's Agent
Rafael Galvez
EXCELLENCE RE REAL ESTATE
Buyer's Agent
Rafael Galvez
EXCELLENCE RE REAL ESTATE
List Price
$109,000
Sold Price
$50,000
Premium/Discount to List
-$59,000
-54.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
617.89%

Purchase Details

Closed on
May 22, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Rodriguez Gabino Martinez and Vital Jovita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2007
Sold by
Valdez Delia
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Jan 10, 2007
Sold by
Valdez Delia
Bought by
Venegas Delia

Purchase Details

Closed on
Dec 26, 2006
Sold by
Garcia Cecelia Z
Bought by
Vanloon Steven G and Van Loon Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2006
Sold by
Valdez Victor
Bought by
Valdez Delia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2006
Sold by
Lulu Inc
Bought by
Valdez Delia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2006
Sold by
Gutierrez Steven
Bought by
Lulu Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2005
Sold by
T & S Investments
Bought by
Gutierrez Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2005
Sold by
Allen Robin
Bought by
T & S Investments Inc

Purchase Details

Closed on
Jan 7, 2005
Sold by
T & S Investments
Bought by
Allen Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2001
Sold by
Lewis Lester D and Lewis Estelle
Bought by
T & S Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 1996
Sold by
Lewis Estelle D and Lewis Lester D
Bought by
Lewis Estelle and Lewis Lester D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
8.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1994
Sold by
Pellum Deceased Essie B
Bought by
Pellum Jack
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $245,000 First American Title
Interfamily Deed Transfer -- Ticor Title Orange County Br
Grant Deed $188,500 Ticor Title Orange County Br
Grant Deed $130,000 Corinthian Title Company
Grant Deed $110,000 Title 365
Grant Deed $75,000 Title 365
Grant Deed $110,000 Multiple
Trustee Deed $200,000 Landsafe Title
Quit Claim Deed -- None Available
Grant Deed $75,000 Financial Title Co San Berna
Interfamily Deed Transfer -- Landamerica Lawyers Title
Grant Deed $265,000 Fidelity National Title Co
Grant Deed -- Accommodation
Grant Deed $199,000 United Title Company
Interfamily Deed Transfer -- United Title
Grant Deed -- United Title
Grant Deed $170,000 United Title Company
Grant Deed $40,000 First American Title Co
Interfamily Deed Transfer -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,562 FHA
Previous Owner $184,216 FHA
Previous Owner $185,297 FHA
Previous Owner $185,085 FHA
Previous Owner $115,000 New Conventional
Previous Owner $108,007 FHA
Previous Owner $88,000 Purchase Money Mortgage
Previous Owner $212,000 Purchase Money Mortgage
Previous Owner $53,000 Stand Alone Second
Previous Owner $177,000 Purchase Money Mortgage
Previous Owner $153,000 Purchase Money Mortgage
Previous Owner $32,000 Purchase Money Mortgage
Previous Owner $16,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $245,000 0.0% $257 / Sq Ft
09/07/2020 09/07/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $245,000 +30.0% $257 / Sq Ft
11/15/2017 11/15/17 Sold $188,500 +1.9% $198 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $185,000 -1.9% $194 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
08/30/2017 08/30/17 Off Market $188,500 -- --
08/08/2017 08/08/17 For Sale $185,000 +42.3% $194 / Sq Ft
02/28/2017 02/28/17 Sold $130,000 0.0% $137 / Sq Ft
01/05/2017 01/05/17 Pending -- -- --
01/03/2017 01/03/17 For Sale $129,999 0.0% $137 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
10/31/2016 10/31/16 Price Changed $129,999 -13.3% $137 / Sq Ft
09/13/2016 09/13/16 Price Changed $150,000 -3.2% $158 / Sq Ft
09/06/2016 09/06/16 For Sale $155,000 +40.9% $163 / Sq Ft
01/28/2014 01/28/14 Sold $110,000 0.0% $116 / Sq Ft
01/20/2014 01/20/14 Pending -- -- --
12/18/2013 12/18/13 Price Changed $109,999 +4.8% $116 / Sq Ft
11/23/2013 11/23/13 For Sale $104,999 +110.0% $110 / Sq Ft
09/03/2013 09/03/13 Sold $50,000 +0.2% $53 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
05/09/2013 05/09/13 Price Changed $49,900 -58.1% $52 / Sq Ft
01/18/2013 01/18/13 Price Changed $119,000 +20.2% $125 / Sq Ft
09/05/2012 09/05/12 Price Changed $99,000 -9.2% $104 / Sq Ft
08/27/2012 08/27/12 For Sale $109,000 -- $114 / 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 $3,536 $254,898 $78,030 $176,868
2022 $3,456 $249,900 $76,500 $173,400
2021 $3,388 $245,000 $75,000 $170,000
2020 $4,626 $196,115 $20,808 $175,307
2019 $0 $192,270 $20,400 $171,870
2018 $2,745 $188,500 $20,000 $168,500
2017 $1,719 $116,182 $15,841 $100,341
2016 $1,635 $113,905 $15,531 $98,374
2015 $1,612 $112,197 $15,299 $96,898
2014 $1,109 $75,000 $15,000 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: M12107249

California Regional Multiple Listing Service (CRMLS)

APN: 541-132-010