NOT LISTED FOR SALE

490 E Indian School Ln Banning, CA 92220

Estimated Value: $367,000 - $427,000

3 Beds
2 Baths
1,060 Sq Ft
$383/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $215,000 $203 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,407/month

6 Days on Market

Highlights

  • 21,780 Sq Ft lot
  • No HOA
  • Central Heating and Cooling System
  • Private Yard
  • Neighborhood Views
  • 2 Car Garage

About This Home

As of June 2017

Fully Remodeled home on almost a half acre lot nestled in a quiet area of Banning. This home features 3 bedroom, 2 bathrooms and has plenty of upgrades such as remodeled kitchen with granite countertops, newly remodeled bathrooms with master bedroom and master bath. Other upgrades include new Interior Paint, New Exterior Painting, upgraded electrical and upgraded plumbing. Back House connected to the garage is roughly 200 sq ft. and has its own separate entrance with private deck. All types of financing available for this property including FHA, VA and Cal HAFA. This home is FOR SALE and not for lease.

Last Agent to Sell the Property

Matthew Salib

Cal American Homes License #01886422 Listed on: 05/03/2017

Last Buyer's Agent

PENNY LILBURN

KELLER WILLIAMS REALTY License #02021648

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 0.5 Acre Lot
  • Private Yard
  • Back Yard
  • Property is zoned R1

Parking

  • 2 Car Garage
  • Parking Available

Interior Spaces

  • 1,060 Sq Ft Home
  • Family Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Rain Gutters
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 129
  • Tax Tract Number 442
  • Assessor Parcel Number 534151027

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 534151027
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1060.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 202.83
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Yard
  • Lot Size Sq Ft: 21780.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 442.00
  • Tax Lot: 129
  • Tax Tract Number: 442

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2018
Sold by
Marshall Josh H and Trujillo Raquel M
Bought by
Trujillo Raquel M
Current Estimated Value
$405,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,320
Outstanding Balance
$188,081
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$217,808

Purchase Details

Listed on
May 3, 2017
Closed on
Jun 23, 2017
Sold by
Jcm Capital Investments Llc
Bought by
Marshall Josh H and Trujillo Raquel M
Seller's Agent
Matthew Salib
Cal American Homes
Buyer's Agent
PENNY LILBURN
KELLER WILLIAMS REALTY
List Price
$199,900
Sold Price
$215,000
Premium/Discount to List
$15,100
7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$211,105
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 23, 2016
Closed on
Feb 22, 2017
Sold by
Mortgage Equity Conversion Asset Trust
Bought by
Jcm Capital Investments Llc
Seller's Agent
William Morris
Innovate Realty, Inc.
Buyer's Agent
William Morris
Innovate Realty, Inc.
List Price
$185,000
Sold Price
$135,000
Premium/Discount to List
-$50,000
-27.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
309.67%
Original Mortgage
$212,500
Interest Rate
4.09%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 26, 2016
Sold by
Steele Lawrence Jay
Bought by
U S Bank National Assocation

Purchase Details

Closed on
Oct 4, 1993
Sold by
Steele Lawrence
Bought by
Steele Lawrence Jay and The Lawrence Jay Steele Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Trujillo Raquel M -- Lawyers Title Company
Marshall Josh H $215,000 Linear Title Company Of Cali
Jcm Capital Investments Llc $135,000 None Available
U S Bank National Assocation $155,000 First American Title Ins Co
Steele Lawrence Jay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trujillo Raquel M $214,320
Closed Marshall Josh H $211,105
Previous Owner Jcm Capital Investments Llc $212,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2017 06/30/17 Sold $215,000 +7.6% $203 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $199,900 +48.1% $189 / Sq Ft
03/02/2017 03/02/17 Sold $135,000 -5.3% $127 / Sq Ft View Prior Sale
01/30/2017 01/30/17 Pending -- -- --
01/30/2017 01/30/17 Price Changed $142,500 -5.0% $134 / Sq Ft
01/11/2017 01/11/17 Price Changed $150,000 -5.5% $142 / Sq Ft
12/19/2016 12/19/16 Price Changed $158,650 -5.0% $150 / Sq Ft
12/02/2016 12/02/16 Price Changed $167,000 -9.7% $158 / Sq Ft
08/23/2016 08/23/16 For Sale $185,000 -- $175 / 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 $3,422 $249,520 $23,209 $226,311
2023 $3,422 $239,832 $22,308 $217,524
2022 $3,348 $235,130 $21,871 $213,259
2021 $3,284 $230,521 $21,443 $209,078
2020 $3,256 $228,159 $21,224 $206,935
2019 $3,205 $223,686 $20,808 $202,878
2018 $3,185 $219,300 $20,400 $198,900
2017 $2,060 $140,000 $20,000 $120,000
2016 $1,640 $121,192 $31,069 $90,123
2015 $1,615 $119,373 $30,603 $88,770
2014 $1,603 $117,036 $30,004 $87,032
Source: Public Records

Agents Affiliated with this Home

  • Matthew Salib

    Seller's Agent in 2017

    Matthew Salib

    Cal American Homes

    (818) 395-6318

    65 Total Sales

    Matthew Salib
    Section Image

  • W

    Seller's Agent in 2017

    William Morris

    Innovate Realty, Inc.

    (949) 413-2903

    27 Total Sales

    William Morris
    Section Image

  • P

    Buyer's Agent in 2017

    PENNY LILBURN

    KELLER WILLIAMS REALTY

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17095404

California Regional Multiple Listing Service (CRMLS)

APN: 534-151-027

California Riverside County Banning 92220

490 E Indian School Ln, Banning, CA

Not Listed for Sale

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