NOT LISTED FOR SALE

420 Summit Dr Banning, CA 92220

Estimated Value: $314,000 - $531,000

9.9 Acres
$45,253 Price per Acre
431,244 Sq Ft Lot

Last Sold March 26, 2021

Last sale price $250,000

Est. 79% increase in value since last sale

Current estimated payment $2,434/month

53 Days on Market

Highlights

  • 9.9 Acre Lot
  • No HOA
  • Level Lot
  • Mountain View

About This Lot

As of March 2021

GOT LAND? Looking for land with low density zone? This is the one. Incredible potential for these beautiful parcels There are 4 parcels that total almost 10 acres of all usable land. APN's are: 534-022-014, 534-040-001, 534-040-002 & 534-050-001. Services are on the street, including sewer connection. Location is great, just at the beginning of the Bench. Very quiet area. Please, check with the city of Banning for the highest and best use. Sellers will accept offers with no contingencies and all cash.

Last Agent to Sell the Property

ROBERT DAVIDSON

NATIONAL REALTY GROUP License #01262122 Listed on: 01/24/2021

NATIONAL REALTY GROUP

Co-Listed By

Emma Davidson

NATIONAL REALTY GROUP License #00919492

Last Buyer's Agent

ROBERT DAVIDSON

NATIONAL REALTY GROUP License #01262122 Listed on: 01/24/2021

NATIONAL REALTY GROUP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $789

Lot Details

  • 9.9 Acre Lot
  • Level Lot
  • Density is 6-10 Units/Acre
  • 534022014,534040001,534040002
  • Property is zoned LDR

Property Views

  • Mountain
  • Hills

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 534050001

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$789

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: LDR
  • Property Type: Land
  • Parcel Number: 534050001
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.58

Exterior Features

  • View: Hills, Mountain(s)

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 534022014,534040001,534040002
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Level with Street, Level
  • Lot Size Sq Ft: 431244.00
  • Usable Land Percent: 100
  • Lot Size Acres: 9.9000

Multi Family

  • Lot Size Area: 9.9000 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2021
Closed on
Mar 19, 2021
Sold by
The Kirk Family Limited Partnership
Bought by
Tianping Investments Llc
Seller's Agent
ROBERT DAVIDSON
NATIONAL REALTY GROUP
Buyer's Agent
ROBERT DAVIDSON
NATIONAL REALTY GROUP
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$448,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,000
Avg. Annual Appreciation
13.61%

Purchase Details

Closed on
Nov 19, 2003
Sold by
Kirk Ruth H and Kirk Matthew Leo
Bought by
Edward M Kirk Family Limited Partnership

Purchase Details

Closed on
Aug 2, 1995
Sold by
The Kirk Family Ltd Partnership
Bought by
Kirk Ruth Helen and Kirk Matthew Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage
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
Tianping Investments Llc $250,000 Lawyers Title Company
Edward M Kirk Family Limited Partnership -- None Available
Kirk Ruth Helen -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kirk Ruth Helen $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $250,000 0.0% --
03/18/2021 03/18/21 Pending -- -- --
03/16/2021 03/16/21 Off Market $250,000 -- --
03/09/2021 03/09/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $250,000 0.0% --
03/05/2021 03/05/21 Pending -- -- --
01/24/2021 01/24/21 For Sale $250,000 -- --
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 $789 $54,121 $54,121 --
2023 $789 $52,020 $52,020 $0
2022 $773 $51,000 $51,000 $0
2021 $727 $47,695 $47,695 $0
2020 $718 $47,206 $47,206 $0
2019 $707 $46,281 $46,281 $0
2018 $702 $45,374 $45,374 $0
2017 $689 $44,485 $44,485 $0
2016 $661 $43,613 $43,613 $0
2015 $651 $42,959 $42,959 $0
2014 $721 $47,380 $42,118 $5,262
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21015622

California Regional Multiple Listing Service (CRMLS)

APN: 534-040-001