$430,000
SOLD FEB 27, 2025

365 N Phillips St Banning, CA 92220

4 Beds
2 Baths
1,140 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$377 Per Sq Ft

0 Day on Market

Highlights

  • Private Yard
  • Central Heating
  • 1-Story Property
  • Laundry Room

About This Home

As of February 2025

2 units each 2 bed 1bath Sold Offmarket- MLS comp purposes only

Last Agent to Sell the Property

Prashant Sampat

Pacific Avenue Realty Brokerage Phone: 562-841-0227 License #01916221 Listed on: 02/27/2025

Last Buyer's Agent

Prashant Sampat

Pacific Avenue Realty Brokerage Phone: 562-841-0227 License #01916221 Listed on: 02/27/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,140 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 164 / 164
  • Tax Tract Number 1
  • Assessor Parcel Number 541121013
  • $613 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Water Sewer Expense $2,000
  • New Taxes Expense $6,000
  • Operating Expense $10,000
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2000.00
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 541121013
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 377.19

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 6500-9999, Yard
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 30000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 10000.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Block: 164
  • Tax Census Tract: 442.00
  • Tax Lot: 164
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 613.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2025
Closed on
Jan 27, 2025
Sold by
Cm Equities Llc
Bought by
Makil James
Seller's Agent
Prashant Sampat
Pacific Avenue Realty
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$430,000
Sold Price
$430,000
Views
1
Current Estimated Value
$427,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,128
Avg. Annual Appreciation
-0.55%
Original Mortgage
$322,500
Outstanding Balance
$319,465
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$108,407

Purchase Details

Closed on
Nov 3, 2023
Sold by
Kyinn Cheryl and Kyinn Mickey
Bought by
Cm Equities Llc

Purchase Details

Listed on
Feb 25, 2022
Closed on
Mar 23, 2022
Sold by
Lightspeed Investments
Bought by
Kyinn Cheryl and Petersen Mickey
Seller's Agent
CESAR GOMEZ
ALIGN HOMES
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$399,900
Sold Price
$409,000
Premium/Discount to List
$9,100
2.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.22%
Original Mortgage
$277,875
Interest Rate
4.16%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 24, 2022
Sold by
Perez Jr Jose R and Perez Isabel
Bought by
Lightspeed Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,875
Interest Rate
4.16%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 6, 2009
Sold by
Wells Fargo Bank Na
Bought by
Perez Jose R and Perez Isabel

Purchase Details

Closed on
Jul 21, 2008
Sold by
Montenegro Zinnia
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 17, 2007
Sold by
Montenegro Zinnia
Bought by
Bosse Greg L

Purchase Details

Closed on
Mar 17, 2005
Sold by
Montenegro Zinnia
Bought by
Rz Llc

Purchase Details

Closed on
Aug 9, 2004
Sold by
Gutierrez Steven
Bought by
Lulu Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2004
Sold by
Valdez Delia
Bought by
Gutierrez Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2004
Sold by
Gutierrez Roxanna
Bought by
Gutierrez Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 2004
Sold by
Valdez Victor
Bought by
Valdez Delia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2004
Sold by
Rz Llc
Bought by
Valdez Delia and Gutierrez Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2003
Sold by
J A Russo Enterprises Inc
Bought by
Russo John A and Russo Joanne N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 7, 2000
Sold by
Ray Benjamin Dan and Ray Lola Benjamin
Bought by
J A Russo Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,900
Interest Rate
8.01%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $430,000 Priority Title
Grant Deed -- None Listed On Document
Grant Deed $409,000 None Listed On Document
Grant Deed $270,000 Fidelity National Title
Grant Deed $30,000 Chicago Title Company
Trustee Deed $127,935 None Available
Trustee Deed $107,485 None Available
Grant Deed -- --
Grant Deed -- Lawyers Title Company Sb
Warranty Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fnt
Grant Deed $150,000 Fnt
Grant Deed -- Fnt
Corporate Deed -- Stewart Title Company
Grant Deed $42,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $322,500 New Conventional
Previous Owner $277,875 Balloon
Previous Owner $283,500 New Conventional
Previous Owner $152,000 Commercial
Previous Owner $82,400 Commercial
Previous Owner $68,900 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2025 02/27/25 Sold $430,000 0.0% $377 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
02/27/2025 02/27/25 For Sale $430,000 +5.1% $377 / Sq Ft
05/02/2022 05/02/22 Sold $409,000 +16.9% $359 / Sq Ft View Prior Sale
03/23/2022 03/23/22 Pending -- -- --
03/14/2022 03/14/22 Price Changed $349,900 -12.5% $307 / Sq Ft
03/11/2022 03/11/22 For Sale $399,900 0.0% $351 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $399,900 -- $351 / 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 $6,453 $434,032 $124,812 $309,220
2023 $6,453 $417,179 $119,966 $297,213
2022 $572 $36,389 $12,126 $24,263
2021 $563 $35,677 $11,889 $23,788
2020 $555 $35,313 $11,768 $23,545
2019 $547 $34,622 $11,538 $23,084
2018 $543 $33,944 $11,313 $22,631
2017 $533 $33,280 $11,092 $22,188
2016 $508 $32,628 $10,875 $21,753
2015 $501 $32,139 $10,712 $21,427
2014 $497 $31,511 $10,503 $21,008
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24251559

California Regional Multiple Listing Service (CRMLS)

APN: 541-121-013