NOT LISTED FOR SALE

385 E Hoffer St Banning, CA 92220

Estimated Value: $455,000 - $556,804

4 Beds
2 Baths
1,319 Sq Ft
$388/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $500,000 $379 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,990/month

22 Days on Market

Highlights

  • 1.44 Acre Lot
  • Cooling Available
  • Central Heating
  • No HOA
  • Laundry Room
  • Family Room

About This Home

As of June 2024

**HUGE LOT** HUGE LOT** HUGE LOT** Beautiful one story home in the city of Banning, sits on almost a 1.5 AC LOT. This home is centrally located within a few minutes to the famous Cabazon outlets and Morongo Casino; plus easy access to the 10 Fwy.

Last Agent to Sell the Property

Margarita Junak

RE/MAX TIME REALTY Brokerage Phone: 951-809-8184 License #01893620 Listed on: 04/25/2024

RE/MAX TIME REALTY

Last Buyer's Agent

Elyssa Apodaca

Circle Real Estate License #01945344

Circle Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 1.44 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,319 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Central Heating
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 14 / 14
  • Tax Tract Number 442
  • Assessor Parcel Number 534172008
  • $65 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Banning
  • View: No
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 534172008
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1319.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 379.08
  • Room Type: Family Room

Exterior Features

  • Pool Private: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 62726.00
  • Lot Size Acres: 1.4400
  • Latitude Manual: 33.93538100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 62726.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 442.00
  • Tax Lot: 14
  • Tax Tract Number: 442
  • TaxOtherAnnualAssessmentAmount: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
May 22, 2024
Sold by
Kuervo Investments Llc
Bought by
Chavez Georgina I
Seller's Agent
Margarita Junak
RE/MAX TIME REALTY
Buyer's Agent
Elyssa Apodaca
Circle Real Estate
List Price
$548,000
Sold Price
$500,000
Premium/Discount to List
-$48,000
-8.76%
Views
33
Current Estimated Value
$511,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,701
Avg. Annual Appreciation
1.56%
Original Mortgage
$17,184
Outstanding Balance
$16,980
Interest Rate
7.02%
Estimated Equity
$494,721

Purchase Details

Closed on
Nov 13, 2001
Sold by
Miller Rasmussen Debra Lou
Bought by
Vidalin Jan M D

Purchase Details

Closed on
Oct 23, 1998
Sold by
Scholar David A
Bought by
Tasmussen Debra Lou Miller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 1998
Sold by
Rasmussen Kenneth Keith
Bought by
Miller Rasmussen Debra Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 1997
Sold by
Norwest Mtg Inc
Bought by
Hud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chavez Georgina I $500,000 Orange Coast Title
Vidalin Jan M D $48,000 Commonwealth Land Title Co
Tasmussen Debra Lou Miller $36,000 United Title
Miller Rasmussen Debra Lou -- United Title
Hud -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Georgina I $17,184
Open Chavez Georgina I $490,943
Previous Owner Miller Rasmussen Debra Lou $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2024 06/26/24 Sold $500,000 -3.8% $379 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/15/2024 05/15/24 Price Changed $519,900 -5.1% $394 / Sq Ft
04/25/2024 04/25/24 For Sale $548,000 +204.4% $415 / Sq Ft
02/18/2022 02/18/22 Sold $180,000 +2.9% $216 / Sq Ft View Prior Sale
02/01/2022 02/01/22 Pending -- -- --
01/29/2022 01/29/22 For Sale $175,000 -- $210 / 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 $3,707 $510,000 $153,000 $357,000
2023 $3,707 $183,600 $76,500 $107,100
2022 $998 $66,792 $41,747 $25,045
2021 $979 $65,483 $40,929 $24,554
2020 $969 $64,813 $40,510 $24,303
2019 $954 $63,543 $39,716 $23,827
2018 $947 $62,298 $38,938 $23,360
2017 $931 $61,077 $38,175 $22,902
2016 $887 $59,880 $37,427 $22,453
2015 $874 $58,983 $36,866 $22,117
2014 $868 $57,830 $36,145 $21,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24083137

California Regional Multiple Listing Service (CRMLS)

APN: 534-172-008