NOT LISTED FOR SALE

381 N 2nd St Banning, CA 92220

Estimated Value: $273,096 - $387,000

6 Beds
3 Baths
816 Sq Ft
$409/Sq Ft Est. Value

Last Sold August 07, 2012

Last sale price $150,000 $184 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,862/month

230 Days on Market

About This Home

As of August 2012

This lot has 2 buildings and 3 units. Each unit has 2 bedrooms & 1 bath. Front unit is single story home with address of 381 N. 2nd. Back unit is duplex with addreses of 244 - 246 W. Nicolet. All units to be sold together. Good location, walking distance to elementary school, shopping & 10 freeway.

Last Agent to Sell the Property

ROBERTO RODRIGUEZ

CENTURY 21 MASTERS License #00899392 Listed on: 11/11/2011

CENTURY 21 MASTERS

Last Buyer's Agent

Amy Hoang

Aspire Group License #01486961

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,008

Year Built

  • Built in 1959

Lot Details

  • 5,663

Parking

  • 3 Parking Spaces

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 224
  • Assessor Parcel Number 540152018

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,200
  • Net Operating Income $23,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,008

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 540152018
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 3.00

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 26400.00
  • Net Operating Income: 23200.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3800.00
  • Rent Control: No

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2023
Sold by
Silavong Somsack and Silavong Kathy
Bought by
Somsack And Kathy Silavong Living Trust
Current Estimated Value
$334,024

Purchase Details

Listed on
Nov 11, 2011
Closed on
Jun 12, 2012
Sold by
Delgado Daniel
Bought by
Silavong Somsack and Silavong Kathy
Seller's Agent
ROBERTO RODRIGUEZ
CENTURY 21 MASTERS
Buyer's Agent
Amy Hoang
Aspire Group
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$105,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2006
Sold by
Delgado Daniel
Bought by
Delgado Daniel

Purchase Details

Closed on
Jul 26, 2005
Sold by
Ramirez Marisa
Bought by
Delgado Daniel

Purchase Details

Closed on
Oct 30, 2000
Sold by
Schenden Herbert J and Schenden Laurie K
Bought by
Martin Donald Lee and Martin Zulema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.71%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Somsack And Kathy Silavong Living Trust -- None Listed On Document
Silavong Somsack $150,000 Lawyers Title
Delgado Daniel -- None Available
Delgado Daniel -- Old Republic Title Company
Martin Donald Lee $105,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silavong Somsack $105,000
Previous Owner Martin Donald Lee $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2012 08/07/12 Sold $150,000 0.0% $184 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
11/11/2011 11/11/11 For Sale $150,000 -- $184 / 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 $1,008 $70,179 $18,465 $51,714
2023 $1,008 $67,455 $17,749 $49,706
2022 $987 $66,133 $17,401 $48,732
2021 $969 $64,837 $17,060 $47,777
2020 $959 $64,174 $16,886 $47,288
2019 $944 $62,916 $16,555 $46,361
2018 $937 $61,683 $16,232 $45,451
2017 $921 $60,474 $15,914 $44,560
2016 $877 $59,289 $15,602 $43,687
2015 $865 $58,400 $15,368 $43,032
2014 $859 $57,258 $15,068 $42,190
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    ROBERTO RODRIGUEZ

    CENTURY 21 MASTERS

    Section Image

  • A

    Buyer's Agent in 2012

    Amy Hoang

    Aspire Group

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C11149174

California Regional Multiple Listing Service (CRMLS)

APN: 540-152-018

California Riverside County Banning 92220

381 N 2nd St, Banning, CA

This home is located at 381 N 2nd St, Banning, CA 92220 since 11 November 2011 and is currently estimated at $334,024, approximately $409 per square foot. This property was built in 1959. 381 N 2nd St is a home located in Riverside County with nearby schools including Banning High School.

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.

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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