NOT LISTED FOR SALE

476 N Sunset Ave Banning, CA 92220

Estimated Value: $352,998 - $457,000

4 Beds
4 Baths
1,950 Sq Ft
$211/Sq Ft Est. Value

Last Sold November 08, 2018

Last sale price $240,000 $123 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,489/month

8 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wood Fence
  • Neighborhood Views
  • Central Heating and Cooling System
  • Carpet

About This Home

As of November 2018

Centrally located duplex with 2 bedroom, 1 /1/2 bath units, inside laundry, and attached one-car garages with small yards. Close to shopping, schools, parks, and commuter friendly. Great investment opportunity or live in one unit and rent the other unit for additional income.

Last Agent to Sell the Property

Veronica Hollenbaugh

VERONICA HOLLENBAUGH R.E. SERV License #01327994 Listed on: 10/03/2018

Last Buyer's Agent

Veronica Hollenbaugh

VERONICA HOLLENBAUGH R.E. SERV License #01327994 Listed on: 10/03/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,666

Year Built

  • Built in 1979

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage

Home Design

  • Property Attached
  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 1,950 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Disposal
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 3
  • Tax Tract Number 441
  • Assessor Parcel Number 538101023

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Trash Expense $42
  • Water Sewer Expense $106
  • Operating Expense $148
  • Gross Income $18,720
  • Net Operating Income $16,956

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,666

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 106.00
  • Zoning: R3
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 538101023
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 123.08

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Trash Expense: 42.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7405.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 18720.00
  • Gross Scheduled Income: 18720.00
  • Net Operating Income: 16955.76
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1764.24
  • Rent Control: No
  • Total Expenses: 148.00

Tax Info

  • Tax Area: 001000
  • Tax Census Tract: 441.02
  • Tax Lot: 3
  • Tax Tract Number: 441.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2022
Sold by
Lantow John N
Bought by
Mlt Family 1995 Trust
Current Estimated Value
$411,250

Purchase Details

Listed on
Oct 3, 2018
Closed on
Oct 17, 2018
Sold by
Aviles Aviles Denise Renee Denise Renee
Bought by
Lantow John N and Towle Richard P
Seller's Agent
Veronica Hollenbaugh
VERONICA HOLLENBAUGH R.E. SERV
Buyer's Agent
Veronica Hollenbaugh
VERONICA HOLLENBAUGH R.E. SERV
List Price
$235,000
Sold Price
$240,000
Premium/Discount to List
$5,000
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%

Purchase Details

Closed on
Apr 14, 2010
Sold by
Aviles Robert Felix and Aviles Denise Renee
Bought by
Aviles Robert Felix and Aviles Denise Renee

Purchase Details

Closed on
Sep 13, 2004
Sold by
Young Edward L and Young Kathryn K
Bought by
Aviles Robert and Aviles Denise Renee

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
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2002
Sold by
Young Edward L and Young Kathryn K
Bought by
Young Edward L and Young Kathryn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,351
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 2001
Sold by
Young Edward L and Young Edward L
Bought by
Young Edward L and Young Kathryn K

Purchase Details

Closed on
Dec 22, 1999
Sold by
Partain Larry W and Partain Judy Ann
Bought by
Young Edward L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,865
Interest Rate
7.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Mlt Family 1995 Trust -- None Listed On Document
Lantow John N $240,000 Lawyers Title Ie
Aviles Robert Felix -- None Available
Aviles Robert $270,000 Commonwealth Land America
Young Edward L -- Gateway Title Company
Young Edward L -- --
Young Edward L $88,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aviles Robert $216,000
Previous Owner Young Edward L $86,351
Previous Owner Young Edward L $87,865
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2018 11/08/18 Sold $240,000 +2.1% $123 / Sq Ft
10/03/2018 10/03/18 For Sale $235,000 -- $121 / 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 $3,666 $267,718 $83,661 $184,057
2023 $3,666 $257,324 $80,413 $176,911
2022 $3,588 $252,280 $78,837 $173,443
2021 $3,519 $247,335 $77,292 $170,043
2020 $3,489 $244,800 $76,500 $168,300
2019 $3,434 $240,000 $75,000 $165,000
2018 $3,907 $270,000 $35,000 $235,000
2017 $3,419 $235,000 $35,000 $200,000
2016 $2,969 $210,000 $35,000 $175,000
2015 $2,276 $160,000 $30,000 $130,000
2014 $2,024 $140,000 $25,000 $115,000
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2018

    Veronica Hollenbaugh

    VERONICA HOLLENBAUGH R.E. SERV

    (951) 845-5499

    3 Total Sales

    Veronica Hollenbaugh
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV18242818

California Regional Multiple Listing Service (CRMLS)

APN: 538-101-023

California Riverside County Banning 92220

476 N Sunset Ave, Banning, CA

This home is located at 476 N Sunset Ave, Banning, CA 92220 since 03 October 2018 and is currently estimated at $411,250, approximately $210 per square foot. This property was built in 1979. 476 N Sunset Ave is a home located in Riverside County with nearby schools including Banning High School, Calvary Christian School, and Pass Christian School.

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.

California Regional Multiple Listing Service (CRMLS) 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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