NOT LISTED FOR SALE

4500 W Hoffer St Banning, CA 92220

Estimated Value: $389,000 - $453,356

3 Beds
2 Baths
1,470 Sq Ft
$285/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $365,000 $248 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,625/month

13 Days on Market

Highlights

  • RV Access or Parking
  • View of Hills
  • No HOA
  • Midcentury Modern Architecture
  • Stone Countertops
  • Covered Patio or Porch

About This Home

As of June 2024

Mid Century styled single story on a large .22 acre corner lot. 3 bedrooms and 2 baths across 1,470 square feet on a mature tree lined street in North Banning. RV parking, 2 car garage, central HVAC, and BBQ island. Needing primarily a cosmetic rehab, this home will only finance with cash or hard money loans. Come see if this is the value add opportunity for you.

Last Agent to Sell the Property

Miles Turner

Tower Agency License #01398531 Listed on: 05/23/2024

Tower Agency

Co-Listed By

Brent Lee

Tower Agency License #01292311

Last Buyer's Agent

Hector Gutierrez

Keller Williams, The Lakes License #01995858

Keller Williams, The Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,083

Year Built

  • Built in 1969

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway
  • RV Access or Parking

Property Views

  • Hills
  • Neighborhood

Home Design

  • Midcentury Modern Architecture
  • Cosmetic Repairs Needed
  • Flat Roof Shape

Interior Spaces

  • 1,470 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Built-In Range
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 1000
  • Assessor Parcel Number 535051014
  • $471 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,083

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Mountain Air Estates
  • View: Yes
  • Zoning: R1
  • Architectural Style: Mid Century Modern
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 535051014
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1470.00 Square Feet
  • Stories: 1
  • Entry Location: ground
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 248.30
  • Room Type: Family Room, Kitchen
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Stone Counters

Exterior Features

  • Patio: Yes
  • View: Hills, Neighborhood
  • Patio And Porch Features: Concrete, Covered
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Banning Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200
  • Latitude Manual: 33.93345500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9583.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 441.03
  • Tax Lot: 23
  • Tax Tract Number: 001000
  • TaxOtherAnnualAssessmentAmount: 471.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2024
Sold by
Koren Nicole
Current Estimated Value
$419,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Outstanding Balance
$103,234
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$294,655

Purchase Details

Listed on
May 23, 2024
Closed on
Jun 11, 2024
Sold by
Navarro Alfonso John
Seller's Agent
Miles Turner
Tower Agency
Buyer's Agent
Hector Gutierrez
Keller Williams, The Lakes
List Price
$365,000
Sold Price
$365,000
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%

Purchase Details

Listed on
Sep 3, 2017
Closed on
Sep 28, 2017
Sold by
Cotham Sean and Cotham Sherri
Bought by
Navarro Alfonso J
Seller's Agent
ALAN MILLER
PROFESSIONAL R E SERVICES
Buyer's Agent
Betty Giles
KELLER WILLIAMS REALTY
List Price
$265,000
Sold Price
$262,500
Premium/Discount to List
-$2,500
-0.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$271,162
Interest Rate
3.78%
Mortgage Type
VA

Purchase Details

Closed on
Dec 31, 2002
Sold by
Ponce Gloria E
Bought by
Cotham Sean and Cotham Sherri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,500
Interest Rate
7.5%

Purchase Details

Closed on
Jul 20, 2000
Sold by
Elsinore Homes Inc
Bought by
Wildomar Windsong Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,025,000
Interest Rate
8.07%
Mortgage Type
Construction
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
-- -- Wfg National Title
-- $365,000 Ticor Title
Navarro Alfonso J $262,500 Lawyers Title
Cotham Sean $149,000 Commonwealth Land Title Co
Wildomar Windsong Llc -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnamee Koren $107,000
Previous Owner Navarro Alfonso J $271,162
Previous Owner Cotham Sean $172,000
Previous Owner Cotham Sean $141,500
Previous Owner Wildomar Windsong Llc $2,025,000
Previous Owner Ponce Gloria E $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $365,000 0.0% $248 / Sq Ft
06/05/2024 06/05/24 For Sale $365,000 0.0% $248 / Sq Ft
05/31/2024 05/31/24 Off Market $365,000 -- --
05/23/2024 05/23/24 For Sale $365,000 +39.0% $248 / Sq Ft
10/19/2017 10/19/17 Sold $262,500 -0.9% $179 / Sq Ft
09/03/2017 09/03/17 For Sale $265,000 -- $180 / 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 $4,083 $372,300 $111,690 $260,610
2023 $4,083 $287,079 $43,744 $243,335
2022 $3,995 $281,451 $42,887 $238,564
2021 $3,919 $275,934 $42,047 $233,887
2020 $3,885 $273,105 $41,616 $231,489
2019 $3,825 $267,750 $40,800 $226,950
2018 $3,800 $262,500 $40,000 $222,500
2017 $2,617 $185,921 $49,907 $136,014
2016 $2,487 $182,277 $48,929 $133,348
2015 $2,318 $170,000 $46,000 $124,000
2014 $2,292 $166,000 $45,000 $121,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV24104204

California Regional Multiple Listing Service (CRMLS)

APN: 535-051-014