NOT LISTED FOR SALE

348 N 40th St Banning, CA 92220

Estimated Value: $393,000 - $560,000

5 Beds
3 Baths
1,892 Sq Ft
$245/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $400,000 $211 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,748/month

12 Days on Market

Highlights

  • View of Hills
  • No HOA
  • Evaporated cooling system
  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Living Room

About This Home

As of March 2024

What a Deal! Two Story Family Home in Banning, Features 5 Bedrooms, and 3 Bathrooms, Open and spacious floor plan, Living room with Dining Area, Family room and a sliding door that opens to backyard, and the kitchen with newer type appliances, granite counter tops, and lots of cabinets, indoor laundry Room next to kitchen and opens to outside, Bedrooms are all a good size, One master bedroom downstairs, Another Room/Den upstairs with dressing area, two closets, Bathroom and a balcony with a great view. Rear Yard is nice with fruit trees, Attached Two Car Garage with driveway, Bring your imagination to this one! Close to shopping, Schools and more. Seller does not make ANY repairs, the property is sold as-is. Seller does not entertain price reduction or credit requests after under contract.

Last Agent to Sell the Property

Jessie Rodriguez

Coldwell Banker Icon Brokerage Email: offers@calamericanhomes.com License #01418054 Listed on: 02/02/2024

Coldwell Banker Icon

Last Buyer's Agent

CHRISTIAN BOWMAN

KELLER WILLIAMS REALTY License #02118373

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 8,276 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,892 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Views of Hills
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Evaporated cooling system
  • Central Heating

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 537041002
  • $64 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 537041002
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1892.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 211.42
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • View: Hills
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8276.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 441.03
  • Tax Lot: 38
  • TaxOtherAnnualAssessmentAmount: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Feb 21, 2024
Sold by
Dallin Llc
Bought by
Garcia Damian
Seller's Agent
Jessie Rodriguez
Coldwell Banker Icon
Buyer's Agent
CHRISTIAN BOWMAN
KELLER WILLIAMS REALTY
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Views
61
Current Estimated Value
$463,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,107
Avg. Annual Appreciation
7.93%
Original Mortgage
$392,755
Outstanding Balance
$385,853
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$77,254

Purchase Details

Listed on
Jun 6, 2012
Closed on
Jun 20, 2012
Sold by
Salman Jay E
Bought by
Dallin Llc
Seller's Agent
Mervyn Flory
MERVYN FLORY REALTOR
Buyer's Agent
Joseph Maehler
Joseph Maehler ,Broker
List Price
$139,950
Sold Price
$139,500
Premium/Discount to List
-$450
-0.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%

Purchase Details

Listed on
Jun 6, 2012
Closed on
Jun 8, 2012
Sold by
Salman Haifa R
Bought by
Salman Jay E
Seller's Agent
Mervyn Flory
MERVYN FLORY REALTOR
Buyer's Agent
Joseph Maehler
Joseph Maehler ,Broker
List Price
$139,950
Sold Price
$139,500
Premium/Discount to List
-$450
-0.32%

Purchase Details

Listed on
Jun 30, 2011
Closed on
Jan 10, 2012
Sold by
Federal National Mortgage Association
Bought by
Salman Jay E
Seller's Agent
Chris Murray
RE/MAX Empire Properties
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$139,900
Sold Price
$70,014
Premium/Discount to List
-$69,886
-49.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
362.71%

Purchase Details

Closed on
May 10, 2011
Sold by
Vang Yer and Yang Cha Sang
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 8, 2007
Sold by
Vang Yer and Yang Cha Sang
Bought by
Vang Yer and Yang Cha Sang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.62%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 29, 2007
Sold by
Yang Bee and Yang Sue
Bought by
Vang Yer and Yang Cha Sang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.62%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 8, 2004
Sold by
Yang Bee
Bought by
Yang Bee and Yang Sue

Purchase Details

Closed on
Sep 9, 2004
Sold by
Yang Sue
Bought by
Yang Bee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 25, 2003
Sold by
Yang Bee
Bought by
Yang Bee and Yang Sue

Purchase Details

Closed on
May 24, 2002
Sold by
Khang Ah
Bought by
Yang Bee

Purchase Details

Closed on
Sep 15, 1999
Sold by
Rice Reynard R and Rice Annette Karen
Bought by
Yang Bee and Khang Ah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,847
Interest Rate
7.97%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 1993
Sold by
Rice Reynard R
Bought by
Rice Reynard R and Rice Karen Annetie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Garcia Damian $400,000 First American Title
Dallin Llc $139,500 Stewart Title
Salman Jay E -- Stewart Title
Salman Jay E $70,500 First American Title
Federal National Mortgage Association $284,778 Fatco
Vang Yer -- Lsi
Vang Yer -- Lsi
Yang Bee -- --
Yang Bee -- First American Title Co
Yang Bee -- --
Yang Bee -- First American Title Ins Co
Yang Bee $100,000 First American Title Co
Rice Reynard R -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Damian $392,755
Previous Owner Vang Yer $240,000
Previous Owner Yang Bee $191,250
Previous Owner Yang Bee $99,847
Previous Owner Rice Reynard R $99,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2024 03/20/24 Sold $400,000 0.0% $211 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $399,900 0.0% $211 / Sq Ft
04/10/2014 04/10/14 Rented $1,599 -10.6% --
03/11/2014 03/11/14 Under Contract -- -- --
01/22/2014 01/22/14 For Rent $1,789 +2.3% --
11/06/2012 11/06/12 Rented $1,749 -2.2% --
11/06/2012 11/06/12 Under Contract -- -- --
08/07/2012 08/07/12 For Rent $1,789 0.0% --
06/26/2012 06/26/12 Sold $139,500 -0.3% $74 / Sq Ft View Prior Sale
06/10/2012 06/10/12 Pending -- -- --
06/06/2012 06/06/12 For Sale $139,950 +99.9% $74 / Sq Ft
01/13/2012 01/13/12 Sold $70,014 0.0% $37 / Sq Ft View Prior Sale
12/29/2011 12/29/11 Pending -- -- --
12/15/2011 12/15/11 Off Market $70,014 -- --
11/08/2011 11/08/11 Price Changed $89,900 -10.0% $48 / Sq Ft
09/29/2011 09/29/11 Price Changed $99,900 -13.1% $53 / Sq Ft
09/01/2011 09/01/11 Price Changed $114,900 -8.0% $61 / Sq Ft
08/10/2011 08/10/11 Price Changed $124,900 -7.4% $66 / Sq Ft
07/20/2011 07/20/11 Price Changed $134,900 -3.6% $71 / Sq Ft
06/30/2011 06/30/11 For Sale $139,900 -- $74 / 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 $4,121 $408,000 $122,400 $285,600
2023 $4,121 $289,812 $38,273 $251,539
2022 $4,033 $284,130 $37,523 $246,607
2021 $3,958 $278,770 $37,526 $241,244
2020 $3,925 $275,913 $37,142 $238,771
2019 $3,863 $270,504 $36,414 $234,090
2018 $3,839 $265,200 $35,700 $229,500
2017 $2,217 $150,968 $32,465 $118,503
2016 $2,109 $148,009 $31,829 $116,180
2015 $2,079 $145,787 $31,351 $114,436
2014 $2,066 $142,934 $30,738 $112,196
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24022487

California Regional Multiple Listing Service (CRMLS)

APN: 537-041-002

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