3812 Palm Dr Banning, CA 92220
Estimated Value: $466,697 - $524,000
4
Beds
2
Baths
1,699
Sq Ft
$298/Sq Ft
Est. Value
About This Home
This home is located at 3812 Palm Dr, Banning, CA 92220 and is currently estimated at $505,674, approximately $297 per square foot. 3812 Palm Dr is a home located in Riverside County with nearby schools including Banning High School, Calvary Christian School, and Young Scholar Education Center.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 1, 2007
Sold by
Torres Jorge J
Bought by
Ruiz David A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,442
Outstanding Balance
$184,550
Interest Rate
6.73%
Mortgage Type
FHA
Estimated Equity
$321,124
Purchase Details
Closed on
Nov 9, 2005
Sold by
Delao Guadalupe Guillermina
Bought by
Torres Jorge J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,750
Interest Rate
7%
Mortgage Type
Balloon
Purchase Details
Closed on
Oct 21, 2005
Sold by
Elverud Dave
Bought by
Torres Jorge J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,750
Interest Rate
7%
Mortgage Type
Balloon
Purchase Details
Closed on
Jul 31, 2004
Sold by
Elverud Dave
Bought by
Elverud Dave
Purchase Details
Closed on
May 6, 2004
Sold by
Melgoza Enrique and Melgoza Silvia
Bought by
Elverud Dave
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 17, 2003
Sold by
Precision 3 Llc
Bought by
Melgoza Enrique and Melgoza Silvia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ruiz David A | $299,500 | Chicago Title Company | |
| Torres Jorge J | -- | Commonwealth Land Title Co | |
| Torres Jorge J | $355,000 | Commonwealth Land Title Co | |
| Elverud Dave | -- | -- | |
| Elverud Dave | -- | -- | |
| Elverud Dave | $269,000 | Stewart Title Of Ca Inc | |
| Melgoza Enrique | $185,000 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ruiz David A | $290,442 | |
| Previous Owner | Torres Jorge J | $301,750 | |
| Previous Owner | Elverud Dave | $215,200 | |
| Previous Owner | Melgoza Enrique | $135,000 |
Source: Public Records
Tax History Compared to Growth
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 | $5,366 | $393,103 | $118,206 | $274,897 |
| 2023 | $5,366 | $377,840 | $113,617 | $264,223 |
| 2022 | $5,249 | $370,433 | $111,390 | $259,043 |
| 2021 | $4,650 | $327,530 | $98,379 | $229,151 |
| 2020 | $4,167 | $292,437 | $87,838 | $204,599 |
| 2019 | $4,067 | $283,920 | $85,280 | $198,640 |
| 2018 | $3,963 | $273,000 | $82,000 | $191,000 |
| 2017 | $3,876 | $266,000 | $80,000 | $186,000 |
| 2016 | $3,415 | $241,000 | $72,000 | $169,000 |
| 2015 | $3,264 | $230,000 | $69,000 | $161,000 |
| 2014 | $2,630 | $182,000 | $55,000 | $127,000 |
Source: Public Records
Map
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