Edward Mazmanian
Re/Max Partners
(951) 476-2534
72 Total Sales
1 in Banning
$345,000 Price
343 N 2nd St Banning, CA 92220
Banning Area
7
Beds
5
Baths
3
Sq Ft
0.27
Acre Lot
About This Home
As of February 2018Located in downtown Banning, subject property is a perfect for the small investor, it features a total of five units on two legal lots. " one APN", one lot has two units and the other three units seat on the other lot. Subject property is also walking distance to schools, shopping and local restaurants.
Last Agent to Sell the Property
Gilbert Realty and Loans License #00936307 Listed on: 12/08/2017
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1946
Lot Details
- 11,607 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 2 Car Garage
Home Design
- Apartment
Interior Spaces
- 3 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Listing and Financial Details
- Tax Lot 99,1
- Tax Tract Number 540
- Assessor Parcel Number 540152020
Community Details
Overview
- 3 Buildings
- 5 Units
Building Details
- 5 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Water Sewer Expense $1,200
- New Taxes Expense $5,000
- Operating Expense $1,700
- Gross Income $42,445
- Net Operating Income $42,445
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 6, 2019
Sold by
Group Xiii Properties Lp
Bought by
Purchase Details
Listed on
Dec 8, 2017
Closed on
Jan 9, 2018
Sold by
Lugo Juan A
Bought by
Group Xiii Properties Lp
Seller's Agent
Gilbert Ayala
Gilbert Realty and Loans
Buyer's Agent
Christopher Dumayas
MZ BROKERAGE INC.
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.99%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 13, 2016
Sold by
Kalos Property Management Llc
Bought by
Lugo Juan A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
3.54%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 21, 2011
Sold by
Reeves N Irwin
Bought by
Kalos Property Management Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,006
Interest Rate
3.94%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Banning, CA
-
Edward Mazmanian
-
Noemy Arellano
Noemy Arellano
Vida Realty
(657) 216-9210
73 Total Sales
1 in Banning
$470,000 Price
-
Kim Campbell
Kim Campbell
Coldwell Banker Realty
(951) 420-6436
64 Total Sales
2 in Banning
$405,000 Price Range
-
Nora Fregoso Rodriguez
Nora Fregoso Rodriguez
Realty Executives All Cities
(949) 386-2896
49 Total Sales
2 in Banning
$810,000 Price Range
-
Eli Strickland
Eli Strickland
Responds QuicklyRE/MAX INNOVATIONS
(833) 400-8714
138 Total Sales
4 in Banning
$475K - $700K Price Range
-
Neda Yegan
Neda Yegan
Jason Mitchell R. E. Calif
(951) 383-2996
42 Total Sales
1 in Banning
$455,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Pacific Coast Title Company | ||
| Group Xiii Properties Lp | $400,000 | Stewart Title Of California | |
| Lugo Juan A | $385,000 | Fidelity National Title Co | |
| Kalos Property Management Llc | $184,000 | First American Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $11,647,000 | ||
| Previous Owner | Group Xiii Properties | $400,000 | |
| Previous Owner | Lugo Juan A | $269,500 | |
| Previous Owner | Kalos Property Managment Llc | $168,006 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/06/2018 02/06/18 | Sold | $400,000 | -5.9% | $133,333 / Sq Ft | |
| 12/08/2017 12/08/17 | For Sale | $425,000 | +10.4% | $141,667 / Sq Ft | |
| 12/15/2016 12/15/16 | Sold | $385,000 | -18.9% | $113 / Sq Ft | View Prior Sale |
| 10/14/2016 10/14/16 | Pending | -- | -- | -- | |
| 07/15/2014 07/15/14 | For Sale | $475,000 | -- | $140 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $6,857 | $464,227 | $139,267 | $324,960 |
| 2025 | $6,745 | $455,126 | $136,537 | $318,589 |
| 2023 | $6,745 | $437,454 | $131,237 | $306,217 |
| 2022 | $6,062 | $428,877 | $128,664 | $300,213 |
| 2021 | $5,946 | $420,469 | $126,142 | $294,327 |
| 2020 | $5,897 | $416,159 | $124,849 | $291,310 |
| 2019 | $5,804 | $408,000 | $122,400 | $285,600 |
| 2018 | $5,664 | $392,700 | $96,900 | $295,800 |
| 2017 | $5,574 | $385,000 | $95,000 | $290,000 |
| 2016 | $2,772 | $195,227 | $89,125 | $106,102 |
| 2015 | $2,733 | $192,296 | $87,787 | $104,509 |
| 2014 | $2,716 | $188,531 | $86,068 | $102,463 |
Source: Public Records
Agents Affiliated with this Home
-
Gilbert Ayala
Seller's Agent in 2018
Gilbert Ayala
Gilbert Realty and Loans
(714) 253-4110
12 Total Sales
-
Christopher Dumayas
CD
Buyer's Agent in 2018
Christopher Dumayas
MZ BROKERAGE INC.
(626) 676-5090
-
Chris Campbell
Seller's Agent in 2016
Chris Campbell
RE/MAX
(951) 237-4531
57 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW17276989
APN: 540-152-020
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
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