NOT LISTED FOR SALE

4963 W Olympic Ave Banning, CA 92220

Estimated Value: $372,000 - $414,000

3 Beds
2 Baths
1,555 Sq Ft
$250/Sq Ft Est. Value

Last Sold June 25, 2019

Last sale price $290,000 $186 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,661/month

197 Days on Market

Highlights

  • On Golf Course
  • Heated Indoor Pool
  • Active Adult
  • Fitness Center
  • 24-Hour Security
  • RV Parking in Community

About This Home

As of June 2019

VIEW! VIEW! VIEW! Enlarged Riviera model golf course home on a nice corner lot, overlooking the green on Hole #3 on the Championship Course with picture perfect views of both mtn. ranges. Extra wide back patio and yard will be perfect for entertaining your friends and family.
SELLER IS MOTIVATED, SAYS SELL NOW !! HUGE PRICE REDUCTION !
More than $ 20,000 was spent for the many upgrades which include an enlarged formal dining area, large custom floor tile throughout, new water heater, new interior paint, new garage door motor, solar tube in kitchen and bath, upgraded base board, ceiling fans in most rooms, new screen doors, exterior house trim just painted, vinyl fence on sides with 3 gates.
Large back patio with side yard and a 180 degree view makes this the home you have been waiting for!
Sun Lakes Country Club is a guard gated 55+ community, has 2 Golf Courses, 3 Clubhouses (1 with a full service restaurant and lounge), 3 Swimming pools (1 indoor), 3 exercise gyms, tennis, pickle ball, pop tennis , bocce courts and gated RV storage. Every kind of activity or social group you could ever want. Excellent shopping and restaurants close by. NO MELLO ROOS TAX!

Last Agent to Sell the Property

Keith Nemire

HOMESMART License #01959399 Listed on: 11/12/2018

HOMESMART

Last Buyer's Agent

Kurt Galitski

Coldwell Banker Realty License #01348644

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,320

Year Built

  • Built in 1990

Lot Details

  • 4,792 Sq Ft Lot
  • On Golf Course
  • Southwest Facing Home
  • Landscaped
  • Corner Lot
  • Sprinklers on Timer
  • Front Yard

HOA Fees

  • $262 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Automatic Gate
  • Parking Permit Required

Property Views

  • Panoramic
  • Golf Course
  • Mountain
  • Hills

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation

Interior Spaces

  • 1,555 Sq Ft Home
  • 1-Story Property
  • Chair Railings
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Open Floorplan
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Gas Oven
  • Microwave
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated Indoor Pool
  • Filtered Pool
  • Heated Lap Pool
  • Exercise
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Gunite Spa
  • Fence Around Pool

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Natural Gas Connected
  • High-Efficiency Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 127
  • Tax Tract Number 23695
  • Assessor Parcel Number 440123009

Community Details

Overview

  • Active Adult
  • First Service Residential Association, Phone Number (800) 428-5588
  • Maintained Community
  • RV Parking in Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Meeting Room
  • Card Room
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Bocce Ball Court
  • Ping Pong Table
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,320

Year Built

Built in 1990

Lot Details

0

HOA Fees

$262 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Gated Community, Gated with Guard, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 440123009
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1555.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Ceramic Counters, Chair Railings, High Ceilings, Pull Down Stairs to Attic, Unfurnished
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, In Family Room, In Living Room
  • Fireplace Features: Family Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 186.50
  • Room Type: Attic, Family Room, Formal Entry, Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association, Gunite, Heated, In Ground
  • Bathroom Features: Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s)
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: Southwest
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Golf Course, Hills, Mountain(s), Panoramic
  • Patio And Porch Features: Concrete
  • Pool Features: Association, Exercise Pool, Fenced, Filtered, Gunite, Heated, Indoor, Lap, Salt Water
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, Garage Door Opener, Permit Required
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, High Efficiency Water Heater, Microwave, Refrigerator
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Golf Course, Tennis Court(s), Paddle Tennis, Bocce Ball Court, Gym/Ex Room, Clubhouse, Billiard Room, Card Room, Banquet Facilities, Recreation Room, Meeting Room, Common RV Parking, Cable TV, Maintenance Grounds, Pet Rules, Pets Permitted, Call for Rules, Management, Guard, Security, Controlled Access
  • Association Fee: 262.00
  • Association Fee Frequency: Monthly
  • Association Name: First Service Residential
  • Phone: 800-428-5588
  • Senior Community: Yes
  • Community Features: Curbs, Golf, Gutters, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Banning Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Landscaped, On Golf Course, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4792.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 438.12
  • Tax Lot: 127
  • Tax Tract Number: 23695

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2019
Sold by
Malm William A
Bought by
Malm William A and Malm Carolyn
Current Estimated Value
$388,892

Purchase Details

Listed on
Nov 12, 2018
Closed on
Jun 20, 2019
Sold by
Malm Carolyn
Bought by
Malm William A
Seller's Agent
Keith Nemire
HOMESMART
Buyer's Agent
Kurt Galitski
Coldwell Banker Realty
List Price
$315,000
Sold Price
$290,000
Premium/Discount to List
-$25,000
-7.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$91,125
Outstanding Balance
$80,121
Interest Rate
4.1%
Mortgage Type
VA
Estimated Equity
$308,771

Purchase Details

Listed on
Nov 12, 2018
Closed on
Jun 6, 2019
Sold by
Richter Dale Kenneth
Bought by
Malm William A
Seller's Agent
Keith Nemire
HOMESMART
Buyer's Agent
Kurt Galitski
Coldwell Banker Realty
List Price
$315,000
Sold Price
$290,000
Premium/Discount to List
-$25,000
-7.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,125
Outstanding Balance
$80,121
Interest Rate
4.1%
Mortgage Type
VA
Estimated Equity
$308,771

Purchase Details

Closed on
May 24, 1995
Sold by
Richter Donald A and Richter La Verne L
Bought by
Richter Donald A and Richter La Verne L
Source: Public Records

Range of Values:

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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
Malm William A -- None Available
Malm William A -- Lawyers Title
Malm William A $290,000 Lawyers Title
Richter Donald A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malm William A $91,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2019 06/25/19 Sold $290,000 -3.3% $186 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
05/14/2019 05/14/19 Price Changed $299,900 -3.3% $193 / Sq Ft
02/22/2019 02/22/19 Price Changed $310,000 -1.6% $199 / Sq Ft
11/12/2018 11/12/18 For Sale $315,000 -- $203 / 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 $4,320 $323,494 $72,505 $250,989
2023 $4,320 $310,935 $69,691 $241,244
2022 $4,223 $304,839 $68,325 $236,514
2021 $4,140 $298,863 $66,986 $231,877
2020 $4,104 $295,800 $66,300 $229,500
2019 $3,996 $73,572 $44,371 $29,201
2018 $986 $72,130 $43,501 $28,629
2017 $967 $70,717 $42,649 $28,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV19001834

California Regional Multiple Listing Service (CRMLS)

APN: 440-123-009