NOT LISTED FOR SALE

403 E Williams St Banning, CA 92220

3 Beds
2 Baths
-- Sq Ft
0.92 Acre Lot

Sale Details

Date Sold: January 13, 2015

Last sale price $300,000

26 Days on Market

About This Home

As of January 2015

What a great investment opportunity, Seller motivated,nice area across the street from(under construction) Banning Court House,five units (4) 1 Bedroom, 1Bathroom and (1) 2 bedroom, 1 bathroom detached home, low vacancy, units located within walking distance from Old Downtown Banning,with easy access to 10 Freeway.
Each unit has its own private back patio,the property is individually metered for gas and electricity.This property has approximately 39,969 sqft of lot size,which includes ample parking spaces for tenants .Great opportunity to live in one and let the other 4 units pay for your investment.

Last Agent to Sell the Property

LETICIA DOBRANSKI

IMPORIUM REALTY CORPORATION License #01276118 Listed on: 11/18/2014

Last Buyer's Agent

Ismael Chavez

The Agency License #01797522

The Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 39,969 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 161
  • Tax Tract Number 442
  • Assessor Parcel Number 541110004

Community Details

Overview

  • 3 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,107
  • Trash Expense $60
  • Water Sewer Expense $150
  • New Taxes Expense $3,456
  • Gross Income $3,275
  • Net Operating Income $30,808

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0.92 Acres

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 150.00
  • Property Type: Residential Income
  • Parcel Number: 541110004
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 11.00

Utilities

  • Sewer: Conventional Septic
  • Trash Expense: 60.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 39969.00
  • Lot Size Acres: 0.9180

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3275.00
  • Gross Scheduled Income: 39300.00
  • Insurance Expense: 1107.00
  • Lot Size Area: 39969.0000 Square Feet
  • Net Operating Income: 30808.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 707.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3456.00
  • Tax Lot: 161
  • Tax Tract Number: 442
  • Tax Year: 2013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2014
Closed on
Dec 11, 2014
Sold by
Bought by
Seller's Agent
LETICIA DOBRANSKI
IMPORIUM REALTY CORPORATION
Buyer's Agent
Ismael Chavez
The Agency
List Price
$330,000
Sold Price
$300,000
Premium/Discount to List
-$30,000
-9.09%

Purchase Details

Closed on
Jul 22, 2004
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
0.0687%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 17, 1996
Sold by
Bought by

Purchase Details

Closed on
Nov 27, 1996
Sold by
Bought by

Purchase Details

Closed on
Oct 13, 1994
Sold by
Bought by
Source: Public Records
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,000 Ticor Title
$167,000 Investors Title Company
$120,000 Commonwealth Land Title Ins
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $152,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/13/2015 01/13/15 Sold $300,000 -9.1% --
12/14/2014 12/14/14 Pending -- -- --
11/18/2014 11/18/14 For Sale $330,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,940 $360,546 $216,329 $144,217
2023 $4,940 $346,548 $207,930 $138,618
2022 $4,834 $339,753 $203,853 $135,900
2021 $4,742 $333,092 $199,856 $133,236
2020 $4,702 $329,677 $197,807 $131,870
2019 $4,629 $323,214 $193,929 $129,285
2018 $4,600 $316,877 $190,126 $126,751
2017 $4,527 $310,665 $186,399 $124,266
2016 $4,306 $304,575 $182,745 $121,830
2015 $4,911 $347,930 $88,372 $259,558
2014 $3,457 $240,000 $70,000 $170,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14246097

California Regional Multiple Listing Service (CRMLS)

APN: 541-110-004

Your Personal Tour Guide

Ask me questions while you tour the home.