NOT LISTED FOR SALE

331 N 5th St Banning, CA 92220

Estimated Value: $333,000 - $440,000

4 Beds
2 Baths
1,352 Sq Ft
$284/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $275,000 $203 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,411/month

189 Days on Market

Highlights

  • Laundry Room
  • Rectangular Lot
  • No Heating

About This Home

As of May 2019

ATTENTION INVESTORS! 2 UNITS ON A FENCED LOT WITH ALLEY ACCESS AND THEIR OWN GARAGES AND LAUNDRY. FRONT UNIT HAS 2 ROOMS BEING UTILIZED AS BEDROOMS. REAR UNIT IS A 2 ROOMS BEING USED AS BEDROOMS. 2 SEPARATE WATER METERS!!!! SELLER MAY FINANCE WITH AN ACCEPTABLE DOWN AND TERMS!

Last Agent to Sell the Property

Tammy Newsom

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY License #01714049 Listed on: 10/30/2018

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY

Last Buyer's Agent

Prashant Sampat

Pacific Avenue Realty License #01916221

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,447

Year Built

  • Built in 1931

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • 1,352 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 540142020

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $26,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,447

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: R3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 540142020
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 203.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Garage, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 26900.00
  • Gross Scheduled Income: 26900.00
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 1925.00

Tax Info

  • Tax Census Tract: 441.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Sampat Dhananjay and Sampat Prashant
Bought by
Mppd Capital Llc
Current Estimated Value
$383,361

Purchase Details

Listed on
Oct 30, 2018
Closed on
May 22, 2019
Sold by
Sampat Parul
Bought by
Sampat Maresh
Seller's Agent
Tammy Newsom
BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$288,888
Sold Price
$275,000
Premium/Discount to List
-$13,888
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%

Purchase Details

Listed on
Oct 30, 2018
Closed on
May 9, 2019
Sold by
Select Ventures Inc
Bought by
Sampat Dhanajay and Sampat Prashant
Seller's Agent
Tammy Newsom
BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$288,888
Sold Price
$275,000
Premium/Discount to List
-$13,888
-4.81%

Purchase Details

Closed on
Apr 5, 2008
Sold by
Lasalle Bank Na
Bought by
Select Ventures Inc

Purchase Details

Closed on
Sep 7, 2007
Sold by
Cardona Oscar
Bought by
Lasalle Bank Na and Mlmi Trust Series 2006-Rm2

Purchase Details

Closed on
Dec 19, 2006
Sold by
Cardona Oscar
Bought by
Cardona Oscar and Velasco David

Purchase Details

Closed on
Feb 28, 2006
Sold by
Gordin Julie A
Bought by
Cardona Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 1997
Sold by
Grose Raymond R and Grose Magda
Bought by
Gordin Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,781
Interest Rate
7.58%
Mortgage Type
FHA
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
Mppd Capital Llc -- Provident Title
Sampat Maresh -- Landwood Title
Sampat Dhanajay $275,000 Landwood Title
Select Ventures Inc $115,000 Lsi Title Agency
Lasalle Bank Na $12,000 None Available
Cardona Oscar -- None Available
Cardona Oscar $330,000 Lawyers Title Co
Gordin Julie A $62,500 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cardona Oscar $264,000
Previous Owner Gordin Julie A $62,781
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2019 05/30/19 Off Market $275,000 -- --
05/24/2019 05/24/19 Sold $275,000 -4.8% $203 / Sq Ft
10/30/2018 10/30/18 For Sale $288,888 -- $214 / 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 $4,447 $325,786 $53,309 $272,477
2023 $4,447 $313,138 $51,240 $261,898
2022 $4,352 $306,999 $50,236 $256,763
2021 $4,023 $283,404 $46,373 $237,031
2020 $3,988 $280,499 $45,898 $234,601
2019 $1,963 $135,395 $41,203 $94,192
2018 $1,950 $132,742 $40,396 $92,346
2017 $1,918 $130,140 $39,604 $90,536
2016 $1,825 $127,589 $38,828 $88,761
2015 $1,799 $125,675 $38,246 $87,429
2014 $1,788 $123,215 $37,498 $85,717
Source: Public Records

Agents Affiliated with this Home

  • Tammy Newsom

    Seller's Agent in 2019

    Tammy Newsom

    BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY

    (951) 492-8470

    6 in this area

    20 Total Sales

    Tammy Newsom
    Section Image
  • Prashant Sampat

    Buyer's Agent in 2019

    Prashant Sampat

    Pacific Avenue Realty

    (562) 841-0227

    7 in this area

    220 Total Sales

    Prashant Sampat
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18264778

California Regional Multiple Listing Service (CRMLS)

APN: 540-142-020

California Riverside County Banning 92220

331 N 5th St, Banning, CA

This home is located at 331 N 5th St, Banning, CA 92220 since 30 October 2018 and is currently estimated at $383,361, approximately $283 per square foot. This property was built in 1931. 331 N 5th St is a home located in Riverside County with nearby schools including Banning High School.

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.

California Regional Multiple Listing Service (CRMLS) 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

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