NOT LISTED FOR SALE

487 Sylvan Ave Banning, CA 92220

Estimated Value: $325,000 - $411,000

2 Beds
2 Baths
1,100 Sq Ft
$347/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $380,000 $345 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,474/month

5 Days on Market

Highlights

  • Updated Kitchen
  • Maid or Guest Quarters
  • Lawn
  • Open Floorplan
  • Quartz Countertops
  • 2-minute walk to Sylvan Park

About This Home

As of November 2022

Welcome to this Spectacular and Immaculate Property. This Beautiful Bungalow style Home offers you a split floor plan, with 2 bedrooms 1 bath and a mother in law quarter, (maid quarter or guest quarter) with a kitchenette, 1 full bath, and a walking closed. Both units are move in ready. They both currently been upgraded with new laminated vinyl flooring, New windows, new interior and exterior paint, newly remodeled kitchen with white cabinets and white quartz counter tops with new stainless steel appliances, large stainless steel sinks, new garbage disposal new light fixtures. Both bathrooms are also remodeled. Oh did I mentioned the beautiful new landscaping design in the front yard to relax on your days off outside. the main entrance welcome you with a small porch. This Home is a must see, put it on your list. This Home is centrally located near to all the amenities and easy access to the 10 Fwy, with in few minutes to the famous Cabazon Outlets, Morongo Casino and Beaumont shopping Center. Make an appointment to view this Great Property before is gone.

Last Agent to Sell the Property

HADALY KHOUM

REALTY MASTERS & ASSOCIATES License #01844927 Listed on: 11/03/2022

REALTY MASTERS & ASSOCIATES

Last Buyer's Agent

Shelley Paxton

Coldwell Banker Realty License #02155493

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Chain Link Fence
  • Landscaped
  • Front Yard Sprinklers
  • Lawn
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Home Design

  • Bungalow
  • Turnkey
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Panel Doors
  • Family Room with Fireplace
  • Dining Room
  • Neighborhood Views
  • Home Security System

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Maid or Guest Quarters
  • 2 Full Bathrooms

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Central Air
  • No Heating
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 7 / F
  • Tax Tract Number 1000
  • Assessor Parcel Number 538102009
  • $64 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Solera Subdivision

Recreation

  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1948 | Remodeled

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Security System
  • Subdivision Name Other: Solera (SLRA)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Bungalow
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 538102009
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1100.00 Square Feet
  • Interior Amenities: Open Floorplan, Quartz Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Panel Doors
  • Eating Area: Area, Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 345.45
  • Room Type: Guest/Maid's Quarters
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: No
  • Laundry: No
  • Appliances: Dishwasher, Gas Range, Microwave
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Landscaped, Lawn, Sprinkler System, Sprinklers In Front
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6098.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: F
  • Tax Census Tract: 441.02
  • Tax Lot: 7
  • Tax Tract Number: 001000
  • TaxOtherAnnualAssessmentAmount: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Nov 10, 2022
Sold by
King David Empire Llc
Bought by
Muhammed Adil
Seller's Agent
HADALY KHOUM
REALTY MASTERS & ASSOCIATES
Buyer's Agent
Shelley Paxton
Coldwell Banker Realty
List Price
$385,000
Sold Price
$380,000
Premium/Discount to List
-$5,000
-1.3%
Views
2
Current Estimated Value
$388,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,850
Avg. Annual Appreciation
0.16%
Original Mortgage
$304,000
Outstanding Balance
$294,573
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$87,371

Purchase Details

Closed on
Jul 30, 2008
Sold by
Montoya Alejandro
Bought by
Montoya Alejandro and Montoya Vikki

Purchase Details

Closed on
May 22, 2002
Sold by
Ratkowiak John V and Ratkowiak Elizabeth A
Bought by
Montoya Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.22%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Muhammed Adil $380,000 First American Title
Montoya Alejandro -- None Available
Montoya Alejandro $60,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muhammed Adil $304,000
Previous Owner Montoya Alejandro $48,000
Closed Muhammed Adil $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2022 11/30/22 Sold $380,000 -1.3% $345 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $385,000 -- $350 / 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 $5,287 $395,352 $78,030 $317,322
2023 $5,287 $380,000 $75,000 $305,000
2022 $1,197 $81,175 $34,104 $47,071
2021 $1,175 $79,585 $33,436 $46,149
2020 $1,163 $78,770 $33,094 $45,676
2019 $1,145 $77,227 $32,446 $44,781
2018 $1,137 $75,713 $31,811 $43,902
2017 $1,118 $74,230 $31,188 $43,042
2016 $1,064 $72,776 $30,577 $42,199
2015 $1,049 $71,685 $30,119 $41,566
2014 $1,043 $70,282 $29,530 $40,752
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22235338

California Regional Multiple Listing Service (CRMLS)

APN: 538-102-009