NOT LISTED FOR SALE

490 N 16th St Banning, CA 92220

Estimated Value: $373,000 - $437,000

2 Beds
1 Bath
1,244 Sq Ft
$327/Sq Ft Est. Value

Last Sold June 18, 2012

Last sale price $51,000 $41 Per Sq Ft

Est. 697% increase in value since last sale

Current estimated payment $2,530/month

58 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • No Heating
  • Neighborhood Views
  • Level Lot

About This Home

As of June 2012

Great opportunity for an investor!! Home needs WORK, but is located in a desirable, centrally located neighborhood. Could be a fantastic opportunity for someone looking for a rental, a project, or perhaps a flip. Buyer and/or buyer's agent to satisfy themselves as to all aspects of the home.

Last Agent to Sell the Property

Tarah Vangrouw

Mountain View Associates Real Estate License #01506687 Listed on: 04/13/2012

Last Buyer's Agent

Hernan Orellana

REAL ESTATE MASTERS GROUP License #01214395

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,491

Year Built

  • Built in 1947

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,244 Sq Ft Home
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 281
  • Tax Tract Number 441
  • Assessor Parcel Number 540052035

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,491

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 540052035
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1244.00
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 41.00

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00

Utilities

  • Heating: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 10892.00
  • Lot Size Acres: 0.2500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10892.0000 Square Feet

Tax Info

  • Tax Lot: 281
  • Tax Tract Number: 441

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2012
Closed on
May 23, 2012
Sold by
Thornton Debra Lynn
Bought by
Trejo Juan Carlos and Trejo Amanda
Seller's Agent
Tarah Vangrouw
Mountain View Associates Real Estate
Buyer's Agent
Hernan Orellana
REAL ESTATE MASTERS GROUP
List Price
$69,900
Sold Price
$51,000
Premium/Discount to List
-$18,900
-27.04%
Current Estimated Value
$406,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,638
Avg. Annual Appreciation
16.85%

Purchase Details

Closed on
Mar 15, 2012
Sold by
Banning Auto Salvage Inc
Bought by
Thornton Debra Lynn and The John Jacob Muhleman & Olive Winnifre

Purchase Details

Closed on
Nov 7, 2006
Sold by
Thornton Debra Lynn
Bought by
Banning Auto Salvage Inc

Purchase Details

Closed on
Mar 26, 1998
Sold by
Smith Brian
Bought by
Thornton Debra Lynn and John Jacob & Olive Winnifred Muhleman Fa
Source: Public Records

Range of Values:

Collateral Analytics

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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
Trejo Juan Carlos $51,000 Nations Title Company Of Ca
Thornton Debra Lynn $65,000 None Available
Banning Auto Salvage Inc $150,000 Fidelity National Title
Thornton Debra Lynn $55,000 Gateway Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2012 06/18/12 Sold $51,000 0.0% $41 / Sq Ft
06/10/2012 06/10/12 Pending -- -- --
05/17/2012 05/17/12 Off Market $51,000 -- --
04/13/2012 04/13/12 For Sale $69,900 -- $56 / 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 $4,491 $328,973 $84,896 $244,077
2023 $4,491 $316,200 $81,600 $234,600
2022 $907 $60,351 $29,583 $30,768
2021 $891 $59,168 $29,003 $30,165
2020 $881 $58,562 $28,706 $29,856
2019 $868 $57,415 $28,144 $29,271
2018 $861 $56,291 $27,594 $28,697
2017 $846 $55,188 $27,053 $28,135
2016 $806 $54,107 $26,523 $27,584
2015 $795 $53,297 $26,126 $27,171
2014 $789 $52,255 $25,615 $26,640
Source: Public Records

Agents Affiliated with this Home

  • Tarah Vangrouw

    Seller's Agent in 2012

    Tarah Vangrouw

    Mountain View Associates Real Estate

    (909) 831-3536

    8 in this area

    52 Total Sales

    Tarah Vangrouw
    Section Image
  • Hernan Orellana

    Buyer's Agent in 2012

    Hernan Orellana

    REAL ESTATE MASTERS GROUP

    (909) 754-1717

    27 in this area

    83 Total Sales

    Hernan Orellana
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12047345

California Regional Multiple Listing Service (CRMLS)

APN: 540-052-035

California Riverside County Banning 92220

490 N 16th St, Banning, CA

This home is located at 490 N 16th St, Banning, CA 92220 since 13 April 2012 and is currently estimated at $406,638, approximately $326 per square foot. This property was built in 1947. 490 N 16th St is a home located in Riverside County with nearby schools including Banning High 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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