Reina Melgoza
Real Broker
(442) 237-5075
9 Total Sales
1 in Banning
$132,000 Price
436 N 4th St Banning, CA 92220
Banning AreaEstimated Value: $425,000 - $503,000
3
Beds
2
Baths
1,579
Sq Ft
$290/Sq Ft
Est. Value
Highlights
- Chain Link Fence
- No Heating
- 1-Story Property
About This Home
As of November 2019Great Investment Duplex*** this 2-unit California Bungalow in Downtown Banning was recently rehabbed. Great opportunity if you have an investor mindset and want to live in a great space and generate income renting out the other. The 2-unit bungalow is 1,579 square feet and sits on a 6,534 square foot fenced lot with landscaping. Freshly painted exterior with punchy red accent door, the units are respectively 2 bed / 1 bath and 1 bed / 1 bath with natural lighting, eat-in kitchens with access to a large private shared backyard. Units have been remodeled with ceramic tile flooring, light fixtures, and air conditioning. The main unit also includes a wood burning fireplace, built-in bookshelves, generous concrete patio and detached garage. Both units are currently rented. Close to shopping, schools, and transportation. Just minutes from Cabazon outlet and Morongo Casino.
Last Agent to Sell the Property
Realty ONE Group United License #00994431 Listed on: 10/15/2019
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927 | Remodeled
Lot Details
- 6,534 Sq Ft Lot
- No Common Walls
- Chain Link Fence
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,579 Sq Ft Home
- 1-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Utilities
- No Heating
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 540081012
Community Details
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $625
- Water Sewer Expense $1,380
- New Taxes Expense $3,938
- Operating Expense $5,943
- Gross Income $32,100
- Net Operating Income $26,157
Additional Features
- 2 Units
- Laundry Facilities
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
Oct 15, 2019
Closed on
Nov 27, 2019
Sold by
Baker Rommel
Bought by
Seller's Agent
Maria Barragan
Realty ONE Group United
Buyer's Agent
Ives Lopez
Ives Lopez, Broker
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,238
Avg. Annual Appreciation
6.20%
Purchase Details
Listed on
Oct 15, 2019
Closed on
Nov 18, 2019
Sold by
Anderson Ricky J and R L Anderson Living Trust
Bought by
Yasui Catherine M and Yasui Joint Living Trust
Seller's Agent
Maria Barragan
Realty ONE Group United
Buyer's Agent
Ives Lopez
Ives Lopez, Broker
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Purchase Details
Closed on
May 25, 2007
Sold by
Anderson Ricky L
Bought by
The R L Anderson Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.11%
Mortgage Type
Commercial
Purchase Details
Closed on
May 8, 2007
Sold by
Anderson Ricky L
Bought by
Anderson Ricky L and Anderson Juanita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.11%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 28, 2007
Sold by
Hogan Kenneth L and Hogan Jeana Lee
Bought by
Anderson Ricky L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.11%
Mortgage Type
Commercial
Purchase Details
Closed on
May 3, 2000
Sold by
Woodley Maria L
Bought by
Hogan Kenneth L and Hogan Jeana Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
10.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 22, 1994
Sold by
Woodley Glenn E
Bought by
Woodley Maria L
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Banning, CA
-
Reina Melgoza
-
Edna Brooks
Edna Brooks
Responds QuicklyKeller Williams Empire Estates
(951) 261-5961
8 Total Sales
2 in Banning
$194,000 Price Range
-
Andrissa Noriega
Andrissa Noriega
DYNASTY REAL ESTATE
(909) 765-1211
50 Total Sales
2 in Banning
$450,000 Price Range
-
James Olvera
James Olvera
eXp of Greater Los Angeles
(909) 487-1514
39 Total Sales
2 in Banning
$310K - $360K Price Range
-
Victoria Murillo
VM
Victoria Murillo
OLIVEWOOD REALTY GROUP INC
(951) 470-2156
46 Total Sales
3 in Banning
$375K - $410K Price Range
-
Vania Rincon
Vania Rincon
EstateX inc.
(855) 926-9843
46 Total Sales
1 in Banning
$350,000 Price
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 |
|---|---|---|---|
| -- | Stewart Title | ||
| Yasui Catherine M | $305,000 | Stewart Title | |
| The R L Anderson Living Trust | -- | None Available | |
| Anderson Ricky L | -- | Accommodation | |
| Anderson Ricky L | $270,000 | Orange Coast Title Of The In | |
| Hogan Kenneth L | $77,000 | First American Title Co | |
| Woodley Maria L | -- | -- | |
| Woodley Maria L | -- | -- |
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 |
|---|---|---|---|
| Open | $255,000 | ||
| Previous Owner | Anderson Ricky L | $216,000 | |
| Previous Owner | Hogan Kenneth L | $167,671 | |
| Previous Owner | Hogan Kenneth L | $153,362 | |
| Previous Owner | Hogan Kenneth L | $46,410 | |
| Previous Owner | Hogan Jeana Lee | $93,700 | |
| Previous Owner | Hogan Kenneth L | $61,600 |
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 |
|---|---|---|---|---|
| 11/27/2019 11/27/19 | Sold | $305,000 | -6.2% | $193 / Sq Ft |
| 10/15/2019 10/15/19 | For Sale | $325,000 | -- | $206 / Sq Ft |
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 |
|---|---|---|---|---|
| 2026 | $4,645 | $340,229 | $33,463 | $306,766 |
| 2025 | $4,552 | $333,558 | $32,807 | $300,751 |
| 2023 | $4,552 | $320,607 | $31,534 | $289,073 |
| 2022 | $4,454 | $314,321 | $30,916 | $283,405 |
| 2021 | $4,368 | $308,159 | $30,310 | $277,849 |
| 2020 | $4,331 | $305,000 | $30,000 | $275,000 |
| 2019 | $3,350 | $234,000 | $41,600 | $192,400 |
| 2018 | $3,265 | $225,000 | $40,000 | $185,000 |
| 2017 | $3,133 | $215,000 | $40,000 | $175,000 |
| 2016 | $2,316 | $163,000 | $35,000 | $128,000 |
| 2015 | $1,929 | $135,000 | $30,000 | $105,000 |
| 2014 | $1,883 | $130,000 | $30,000 | $100,000 |
Source: Public Records
Agents Affiliated with this Home
-
Maria Barragan
Seller's Agent in 2019
Maria Barragan
Realty ONE Group United
(310) 505-0667
56 Total Sales
-
Ives Lopez
Buyer's Agent in 2019
Ives Lopez
Ives Lopez, Broker
(909) 730-2545
25 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS19223520
APN: 540-081-012
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.
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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