321 Park Ave Banning, CA 92220
Estimated Value: $543,907 - $646,000
6
Beds
3
Baths
2,880
Sq Ft
$205/Sq Ft
Est. Value
Highlights
- City Lights View
- Fireplace in Primary Bedroom
- Bonus Room
- 0.48 Acre Lot
- Main Floor Primary Bedroom
- 1-minute walk to Sylvan Park
About This Home
As of March 2024Whether you are a first time buyer, investor or developer, this is an ideal investment with much upside. 6 Bedroom home sitting on 20,000 square ft of land.! 4 generously sized bedrooms and 2 bathrooms on the main floor, complemented by a spacious bonus room which is helpful for accommodating any elderly family members or occupants. Home features brand new flooring and fresh paint throughout, A well maintained spacious kitchen counter tops and cabinets, recess lighting remodeled bathrooms and new carpet in the bedrooms. Home has additional two bedrooms and one bathroom upstairs. 4 bedrooms uniquely positioned in the back half of the home with private entrance which provides amazing potential for extended family, guests, or even help generate rental income. Not to mention the ADU potential and endless possibilities sitting on this 20,000 square foot lot. Conveniently located off the 10 freeway close to all Grocery stores, schools, and restaurants. Must see!
Last Agent to Sell the Property
Total Quality Agents Brokerage Email: alexchang@kw.com License #02045975 Listed on: 12/12/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,574
Year Built
- Built in 1978
Lot Details
- 0.48 Acre Lot
- Density is up to 1 Unit/Acre
- Property is zoned R1
Parking
- 2 Car Attached Garage
Interior Spaces
- 2,880 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Living Room
- Bonus Room
- City Lights Views
Kitchen
- Gas Oven
- Six Burner Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms | 4 Main Level Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 7 / B
- Tax Tract Number 441
- Assessor Parcel Number 538112020
- $64 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 12, 2023
Closed on
Mar 3, 2024
Sold by
Vito Bernadette Ann
Bought by
Chau Michael
Seller's Agent
Alex Chang
Total Quality Agents
Buyer's Agent
P C
Greenfield Realty
List Price
$499,999
Sold Price
$540,000
Premium/Discount to List
$40,001
8%
Total Days on Market
47
Views
52
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,227
Avg. Annual Appreciation
7.67%
Original Mortgage
$378,000
Outstanding Balance
$373,640
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$215,587
Purchase Details
Listed on
Dec 12, 2023
Closed on
Feb 16, 2024
Sold by
Robert And Aurora Ramirez Living Trust
Bought by
Chau Michael
Seller's Agent
Alex Chang
Total Quality Agents
Buyer's Agent
P C
Greenfield Realty
List Price
$499,999
Sold Price
$540,000
Premium/Discount to List
$40,001
8%
Views
52
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Outstanding Balance
$373,640
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$215,587
Purchase Details
Closed on
Jan 10, 2024
Sold by
Lucinda J Shoup Separate Property Trust
Bought by
Murrieta 41401 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Outstanding Balance
$373,640
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$215,587
Purchase Details
Closed on
Sep 26, 2012
Sold by
Ramirez Robert
Bought by
Ramirez Aurora M
Purchase Details
Closed on
Nov 7, 2011
Sold by
Ramirez Robert
Bought by
Ramirez Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,844
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 12, 2005
Sold by
Ramirez Aurora M
Bought by
Ramirez Robert
Purchase Details
Closed on
Feb 18, 2005
Sold by
Ramirez Aurora M
Bought by
Ramirez Robert
Purchase Details
Closed on
Jun 4, 2002
Sold by
Ramirez Robert and Ramirez Aurora M
Bought by
Ramirez Robert and Ramirez Aurora M
Purchase Details
Closed on
Jan 26, 1999
Sold by
Lee Pippenger Rickey and Lou Pippenger Linda
Bought by
Ramirez Robert and Ramirez Aurora
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,817
Interest Rate
6.73%
Mortgage Type
FHA
Similar Homes in Banning, CA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chau Michael | -- | First American Title | |
| Chau Michael | $525,000 | First American Title | |
| Murrieta 41401 Llc | $2,720,000 | First American Title | |
| Ramirez Aurora M | -- | None Available | |
| Ramirez Robert | -- | Lsi Title Company | |
| Ramirez Robert | -- | -- | |
| Ramirez Robert M | -- | -- | |
| Ramirez Robert | -- | -- | |
| Ramirez Robert | -- | -- | |
| Ramirez Robert | $119,000 | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chau Michael | $378,000 | |
| Previous Owner | Ramirez Robert | $121,844 | |
| Previous Owner | Ramirez Robert | $114,836 | |
| Previous Owner | Ramirez Robert | $118,817 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2024 03/28/24 | Sold | $540,000 | 0.0% | $188 / Sq Ft |
| 01/29/2024 01/29/24 | Pending | -- | -- | -- |
| 01/25/2024 01/25/24 | Off Market | $540,000 | -- | -- |
| 01/15/2024 01/15/24 | For Sale | $499,999 | -7.4% | $174 / Sq Ft |
| 01/10/2024 01/10/24 | Off Market | $540,000 | -- | -- |
| 01/02/2024 01/02/24 | For Sale | $499,999 | -7.4% | $174 / Sq Ft |
| 12/27/2023 12/27/23 | Off Market | $540,000 | -- | -- |
| 12/27/2023 12/27/23 | For Sale | $499,999 | -7.4% | $174 / Sq Ft |
| 12/12/2023 12/12/23 | Off Market | $540,000 | -- | -- |
| 12/12/2023 12/12/23 | For Sale | $499,999 | -- | $174 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $2,574 | $179,287 | $37,659 | $141,628 |
| 2022 | $2,519 | $175,772 | $36,921 | $138,851 |
| 2021 | $2,471 | $172,327 | $36,198 | $136,129 |
| 2020 | $2,449 | $170,561 | $35,827 | $134,734 |
| 2019 | $2,411 | $167,218 | $35,125 | $132,093 |
| 2018 | $2,396 | $163,940 | $34,437 | $129,503 |
| 2017 | $2,357 | $160,726 | $33,762 | $126,964 |
| 2016 | $2,242 | $157,575 | $33,100 | $124,475 |
| 2015 | $2,210 | $155,209 | $32,603 | $122,606 |
| 2014 | $2,196 | $152,170 | $31,965 | $120,205 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Chang
Seller's Agent in 2024
Alex Chang
Total Quality Agents
(949) 734-6581
1 in this area
76 Total Sales
-
P C
P
Buyer's Agent in 2024
P C
Greenfield Realty
1 in this area
57 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23217912
APN: 538-112-020
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 3087 W George St
- 2356 W Hays St
- 2460 W Wilson St
- 721 N Sunset Ave Unit 17
- 721 N Sunset Ave Unit 80
- 721 N Sunset Ave Unit 33
- 2223 W Nicolet St
- 2200 W Wilson St Unit 178
- 2200 W Wilson St Unit 122
- 2200 W Wilson St Unit 28
- 2200 W Wilson St Unit 125
- 2200 W Wilson St Unit 90
- 2200 W Wilson St Unit 76
- 2200 W Wilson St Unit 77
- 2200 W Wilson St Unit 154
- 3800 W Jacinto View Rd
- 3802 W Jacinto View Rd Unit G
- 2890 Summer Set Cir
- 2906 Summer Set Cir
- 3805 W Ramsey St
- 321 Park Ave
- 331 Park Ave
- 271 Park Ave
- 365 Park Ave
- 2850 W Nicolet St
- 245 Park Ave
- 2866 W Nicolet St
- 318 Park Ave
- 290 Park Ave
- 2847 W Williams St
- 352 Park Ave
- 2880 W Nicolet St
- 225 Park Ave
- 2879 W Williams St
- 266 Park Ave
- 2892 W Nicolet St
- 214 Park Ave
- 2881 W Williams St
- 2759 W Williams St
- 2912 W Nicolet St