NOT LISTED FOR SALE

334 N Murray St Banning, CA 92220

Estimated Value: $286,318 - $359,000

2 Beds
2 Baths
1,200 Sq Ft
$271/Sq Ft Est. Value

Last Sold June 05, 2013

Last sale price $120,000 $100 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $1,879/month

17 Days on Market

Highlights

  • Wood Flooring
  • Evaporated cooling system
  • Level Lot
  • No HOA
  • Laundry Room
  • No Heating

About This Home

As of June 2013

Investors delight!! Really good Income property ready for rent. Main House offers 1 Bedroom and 1 Bath, good size living room plus inside Laundry room. Second unit is also 1 bedroom and 1 bath with laundry room and storage room downstairs. Take a look at the pictures to see the condition of the units, they are ready to start making you CASH!!!
Property is centrally located in the middle of Banning near Schools, Shopping centers and Freeway....

Last Agent to Sell the Property

Juan Jara

AMBIANCE REALTY License #01926014 Listed on: 05/04/2013

Last Buyer's Agent

TEO HERNANDEZ

Alpha Omega Realty Inc. License #01382911

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Living Room with Fireplace

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Evaporated cooling system
  • No Heating
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 541102008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • Gross Income $1,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Inclusions: Appliances, Range and Refrigerator
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 541102008
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 100.00

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Unknown
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, Front Yard, Level
  • Lot Size: 5663
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Gross Income: 1400.00
  • Gross Scheduled Income: 16800.00
  • Lot Size Area: 5663.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Taxes Percent: 2.00
  • Tax Lot: 3
  • Tax Tract Number: 00000
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2013
Closed on
May 29, 2013
Sold by
Bonilla Bertha
Bought by
Bonilla Jose R
Seller's Agent
Juan Jara
AMBIANCE REALTY
Buyer's Agent
TEO HERNANDEZ
Alpha Omega Realty Inc.
List Price
$129,000
Sold Price
$120,000
Premium/Discount to List
-$9,000
-6.98%
Current Estimated Value
$325,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,580
Avg. Annual Appreciation
8.23%

Purchase Details

Closed on
Apr 15, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Wilkins Louis G and Wilkins Karen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
4.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2009
Sold by
Munoz Vanessa Rocio
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jun 24, 2004
Sold by
Best Earnest Moody and Best Sandra Marquerite
Bought by
Munoz Vanessa Rocio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,600
Interest Rate
7.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 1999
Sold by
Mancini Peter N
Bought by
Best Ernest Moody and Best Sandra Marguerite

Purchase Details

Closed on
Oct 28, 1998
Sold by
Mancini Peter N
Bought by
Best Ernest Moody and Moody Sandra Marquerite

Purchase Details

Closed on
Jul 27, 1998
Sold by
Mcguire Donald P
Bought by
Mancini Peter N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,500
Interest Rate
6.6%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bonilla Jose R -- Orange Coast Title Co
Bonilla Jose R $120,000 Orange Coast Title Of Southe
Wilkins Louis G $58,000 Lps Default Title & Closing
Hsbc Bank Usa National Association $80,000 None Available
Munoz Vanessa Rocio $159,500 First American Title Co
Best Ernest Moody -- First American Title Co
Best Ernest Moody -- --
Mancini Peter N $42,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilkins Louis G $33,000
Previous Owner Munoz Vanessa Rocio $127,600
Previous Owner Mancini Peter N $34,500
Closed Munoz Vanessa Rocio $31,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2013 06/05/13 Sold $120,000 -7.0% $100 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
05/04/2013 05/04/13 For Sale $129,000 -- $108 / 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 $2,116 $147,757 $24,620 $123,137
2023 $2,116 $142,021 $23,665 $118,356
2022 $2,008 $139,237 $23,201 $116,036
2021 $1,970 $136,508 $22,747 $113,761
2020 $1,952 $135,109 $22,514 $112,595
2019 $1,922 $132,461 $22,073 $110,388
2018 $1,909 $129,865 $21,641 $108,224
2017 $1,878 $127,319 $21,217 $106,102
2016 $1,786 $124,823 $20,801 $104,022
2015 $1,761 $122,950 $20,490 $102,460
2014 $1,750 $120,544 $20,090 $100,454
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Juan Jara

    AMBIANCE REALTY

    Section Image
  • TEO HERNANDEZ

    Buyer's Agent in 2013

    TEO HERNANDEZ

    Alpha Omega Realty Inc.

    (714) 369-8690

    22 Total Sales

    TEO HERNANDEZ
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV13084456

California Regional Multiple Listing Service (CRMLS)

APN: 541-102-008

California Riverside County Banning 92220

334 N Murray St, Banning, CA

Not Listed for Sale

MultiFamily

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