NOT LISTED FOR SALE

344 N 5th St Banning, CA 92220

Estimated Value: $263,440 - $390,000

3 Beds
3 Baths
1,065 Sq Ft
$293/Sq Ft Est. Value

Sale Details

Date Sold: September 17, 2013

Last sale price $119,000 $112 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $1,923 / mo

7 Days on Market

About This Home

As of September 2013

Are You Looking For Income Property...Here It Is...! Nicely Maintained Two Units - First Unit: Two Bedroom with Two Baths. Second Unit: One Bedroom with One Bath. Nice Size Lot. Quiet Street Near the 91 Freeway. Close to Restaurants and Shopping.

Last Agent to Sell the Property

Carol Beadel

Coldwell Banker Realty License #01261844 Listed on: 07/28/2013

Coldwell Banker Realty

Last Buyer's Agent

Carol Beadel

Coldwell Banker Realty License #01261844 Listed on: 07/28/2013

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 11,761 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Parking Spaces

Home Design

  • 1,065 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Urban Location
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 3 / 240
  • Assessor Parcel Number 540143003

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,304
  • Trash Expense $420
  • Water Sewer Expense $1,260
  • New Taxes Expense $862
  • Gross Income $1,100
  • Net Operating Income $9,354

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

0.27 Acres

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1260.00
  • Property Type: Residential Income
  • Parcel Number: 540143003
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 111.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Trash Expense: 420.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Size Sq Ft: 11761.00
  • Lot Size Acres: 0.2700

Multi Family

  • Average1 Bed Area: 621
  • Average2 Bed Area: 1065
  • Gross Income: 1100.00
  • Gross Scheduled Income: 13200.00
  • Insurance Expense: 1304.00
  • Lot Size Area: 11761.0000 Square Feet
  • Net Operating Income: 9354.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3846.00
  • Rent Control: No
  • Total Actual Rent: 1100.00

Tax Info

  • New Taxes Expense: 862.00
  • Tax Block: 240
  • Tax Lot: 3
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2022
Sold by
Joaquin Martinez
Bought by
Martinez Joaquin
Current Estimated Value
$312,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,585
Outstanding Balance
$247,280
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$64,830

Purchase Details

Closed on
Mar 4, 2022
Sold by
Sylvia Preciado
Bought by
Martinez Joaquin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,585
Outstanding Balance
$247,280
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$64,830

Purchase Details

Closed on
Sep 8, 2020
Sold by
Martinez Rosario
Bought by
Martinez Joaquin

Purchase Details

Listed on
Jul 28, 2013
Closed on
Sep 18, 2013
Sold by
Martinez Joaquin
Bought by
Martinez Joaquin and Preciado Sylvia
Seller's Agent
Carol Beadel
Coldwell Banker Realty
Buyer's Agent
Carol Beadel
Coldwell Banker Realty
List Price
$119,000
Sold Price
$119,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%
Original Mortgage
$116,844
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 28, 2013
Closed on
Aug 26, 2013
Sold by
Preciado Margarito
Bought by
Preciado Sylvia
Seller's Agent
Carol Beadel
Coldwell Banker Realty
Buyer's Agent
Carol Beadel
Coldwell Banker Realty
List Price
$119,000
Sold Price
$119,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,844
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 28, 2013
Closed on
Aug 23, 2013
Sold by
Brown John R and Brown Jacqueline L
Bought by
Martinez Joaquin
Seller's Agent
Carol Beadel
Coldwell Banker Realty
Buyer's Agent
Carol Beadel
Coldwell Banker Realty
List Price
$119,000
Sold Price
$119,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,844
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 17, 2012
Sold by
Brown John R and Brown Jacqueline L
Bought by
Brown John R and Brown Jacqueline L

Purchase Details

Closed on
Jun 14, 2012
Sold by
Brown Jacqueline L
Bought by
Brown Jacqueline L

Purchase Details

Closed on
Oct 23, 2002
Sold by
Madrigal Manuel and Madrigal Carmen
Bought by
Madrigal Manuel C and Madrigal Carmen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
Martinez Joaquin -- Chicago Title
Martinez Joaquin -- Chicago Title
Martinez Joaquin -- None Available
Martinez Joaquin -- Accommodation
Preciado Sylvia -- Accommodation
Martinez Joaquin -- Ticor Title Tustin Orange Co
Martinez Joaquin $119,000 Ticor Title Tustin Orange Co
Brown John R -- None Available
Brown John R -- None Available
Brown Jacqueline L -- None Available
Madrigal Manuel C -- --
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 Martinez Joaquin $266,585
Closed Martinez Joaquin $266,585
Previous Owner Martinez Joaquin $116,844
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2013 09/17/13 Sold $119,000 0.0% $112 / Sq Ft
08/04/2013 08/04/13 Pending -- -- --
07/28/2013 07/28/13 For Sale $119,000 -- $112 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,080 $224,150 $52,048 $172,102
2023 $3,080 $215,448 $50,028 $165,420
2022 $1,984 $137,455 $23,097 $114,358
2021 $1,947 $134,761 $22,645 $112,116
2020 $1,929 $133,380 $22,413 $110,967
2019 $1,899 $130,766 $21,974 $108,792
2018 $1,886 $128,203 $21,545 $106,658
2017 $1,855 $125,690 $21,123 $104,567
2016 $1,765 $123,226 $20,709 $102,517
2015 $1,740 $121,377 $20,399 $100,978
2014 $1,729 $119,000 $20,000 $99,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Carol Beadel

    Coldwell Banker Realty

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13149331

California Regional Multiple Listing Service (CRMLS)

APN: 540-143-003

California Riverside County Banning 92220

344 N 5th St, Banning, CA

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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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