NOT LISTED FOR SALE

282 W Wilson St Banning, CA 92220

Estimated Value: $423,000 - $549,000

6 Beds
3 Baths
2,070 Sq Ft
$242/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $475,000 $229 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,330/month

22 Days on Market

Highlights

  • 1.1 Acre Lot
  • Laundry Room
  • 1-Story Property
  • Private Yard
  • No Heating
  • 4-minute walk to Repplier Park

About This Home

As of December 2021

This is a great income opportunity! Two single family homes on a HUGE 1.15 acre corner lot located in the heart of Banning with mountain views from the backyard. This location offers easy freeway access to restaurants and schools. Located only minutes away from famous Cabazon Desert Hills Outlet Stores. Banning CA is a quiet neighborhood. Rent both or live and one and rent the other to help cover your mortgage.

Last Agent to Sell the Property

Ruben Martinez

Fiduciary Real Estate Services License #01027549 Listed on: 10/28/2021

Co-Listed By

Logan Martinez

Fiduciary Real Estate Services License #01960924

Last Buyer's Agent

Howard Stacher

eXp Realty of California Inc License #01453175

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,243

Year Built

  • Built in 1913

Lot Details

  • 1.1 Acre Lot
  • Private Yard
  • Back Yard
  • Density is 2-5 Units/Acre
  • Property is zoned R1

Interior Spaces

  • 2,070 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Exterior Lighting
  • Suburban Location
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 5 / 226
  • Assessor Parcel Number 540070006
  • $61 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,243

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Price Per Unit: 162500
  • Property Attached: No
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 540070006
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 229.47

Exterior Features

  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Yard
  • Lot Size Sq Ft: 47916.00
  • Lot Size Acres: 1.1000

Multi Family

  • Lot Size Area: 47916.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 226
  • Tax Census Tract: 441.02
  • Tax Lot: 5
  • TaxOtherAnnualAssessmentAmount: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Nov 24, 2021
Sold by
Scott Landon M and Gonzalez Saivador Carlos
Bought by
Robles Roberto
Seller's Agent
Ruben Martinez
Fiduciary Real Estate Services
Buyer's Agent
Howard Stacher
eXp Realty of California Inc
List Price
$325,000
Sold Price
$475,000
Premium/Discount to List
$150,000
46.15%
Current Estimated Value
$500,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,268
Avg. Annual Appreciation
1.29%

Purchase Details

Closed on
Apr 13, 2016
Sold by
Gonzalez Salvador Carlos and Padilla Isabel M
Bought by
Gonzalez Salvador Carlos and Padilla Isabel M

Purchase Details

Closed on
Mar 5, 2012
Sold by
Gonzalez Salvador Carlos and Vizcaino Silverio Lozano
Bought by
Gonzalez Salvador Carlos and Padilla Isabel M

Purchase Details

Closed on
Jan 23, 2004
Sold by
Gonzalez Salvador Carlos
Bought by
Gonzalez Salvador Carlos and Vizcaino Silverio Lozano

Purchase Details

Closed on
Oct 15, 2003
Sold by
Grajiola Cecelia
Bought by
Gonzalez Salvador Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2003
Sold by
Ring Katherine E and Ring Katherine Lynn
Bought by
Grajiola Cecelia
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 Buyer Sale Price Title Company
Robles Roberto $475,000 Lawyers Title
Gonzalez Salvador Carlos -- None Available
Gonzalez Salvador Carlos -- None Available
Gonzalez Salvador Carlos -- --
Gonzalez Salvador Carlos $132,500 Ticor Title Company
Grajiola Cecelia -- American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Salvador Carlos $106,000
Closed Gonzalez Salvador Carlos $26,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $475,000 +46.2% $229 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $325,000 -- $157 / 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
2025 $7,243 $503,896 $79,590 $424,306
2023 $7,243 $484,331 $76,500 $407,831
2022 $6,699 $475,000 $75,000 $400,000
2021 $3,036 $219,687 $84,319 $135,368
2020 $3,008 $217,435 $83,455 $133,980
2019 $2,769 $199,657 $86,210 $113,447
2018 $2,750 $195,743 $84,522 $111,221
2017 $2,703 $191,906 $82,865 $109,041
2016 $2,147 $157,724 $81,649 $76,075
2015 $2,115 $155,357 $80,424 $74,933
2014 $1,786 $130,000 $25,000 $105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21236998

California Regional Multiple Listing Service (CRMLS)

APN: 540-070-006