NOT LISTED FOR SALE

5040 C St Banning, CA 92220

Estimated Value: $298,000

0.64 Acres
$465,625 Price per Acre
28,070 Sq Ft Lot

Sale Details

Date Sold: May 7, 2018

Last sale price $145,000

Est. 106% increase in value since last sale

Current estimated payment $1,778 / mo

64 Days on Market

Highlights

  • 28,070 Sq Ft lot
  • No HOA
  • Level Lot

About This Lot

As of May 2018

*** HERE COMES YOUR BIGGEST OPPORTUNITY in the city of Banning *** Vacant commercial land *** Lot size 453 X 124 ** Owner carry with loan with 20% down payment ***Selling together with another parcel AP# 419072029 additional $ 125,000.- lot size 146 X 165 ** the 2 lots over 1 acre ,I- 10 frwy frontage both lot *** Lamar has newer billboard on both 2 lots ** No contract with LAMAR ** Buyer can negotiate lease contract with Lamar for the billboard sign ** Also 5098 W. Ramsey St , vacant commercial property also for sale 0.728 acre all usable land asking $ 279,000.- that lot size 150 X 218 *** Don't let this great deal pass by you ***

Last Agent to Sell the Property

Agi Mezei

Keller Williams Realty License #01167236 Listed on: 01/28/2018

Keller Williams Realty

Last Buyer's Agent

Agi Mezei

Keller Williams Realty License #01167236 Listed on: 01/28/2018

Keller Williams Realty

Property Details

Property Type

  • Land

Lot Details

  • 28,070 Sq Ft Lot
  • Level Lot
  • Value in Land
  • Property is zoned CPS

Listing and Financial Details

  • Assessor Parcel Number 419072030

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0.64 Acres

Listing Details

  • View: No
  • Zoning: CPS
  • Property Type: Land
  • Parcel Number: 419072030
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 5.17

Utilities

  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft, Level, Value In Land
  • Lot Size Sq Ft: 28070.00

Tax Info

  • Tax Census Tract: 441.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2018
Closed on
Apr 16, 2018
Sold by
Sooter Jerome D and Sooter Shirley L
Bought by
Penwright Joshua Lee
Seller's Agent
Agi Mezei
Keller Williams Realty
Buyer's Agent
Agi Mezei
Keller Williams Realty
List Price
$185,000
Sold Price
$145,000
Premium/Discount to List
-$40,000
-21.62%
Current Estimated Value
$298,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,000
Original Mortgage
$198,750
Interest Rate
4.45%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 22, 2003
Sold by
Sooter Jerome D B and Sooter Shirley L
Bought by
Sooter Jerome D B and Sooter Shirley L

Purchase Details

Closed on
Jun 29, 1999
Sold by
Midway Corp
Bought by
Grimmer Anthony

Purchase Details

Closed on
Jun 28, 1999
Sold by
Midway Corp
Bought by
Grimmer Anthony
Source: Public Records
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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
Penwright Joshua Lee $265,000 Orange Coast Title Company
Sooter Jerome D B -- --
Grimmer Anthony $37,790 --
Grimmer Anthony $37,790 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penwright Joshua Lee $198,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2018 05/07/18 Sold $145,000 -6.5% --
04/02/2018 04/02/18 Pending -- -- --
03/20/2018 03/20/18 Price Changed $155,000 -16.2% --
01/28/2018 01/28/18 For Sale $185,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,245 $171,809 $171,809 --
2023 $2,245 $165,139 $165,139 --
2022 $2,211 $161,901 $161,901 $0
2021 $2,170 $158,727 $158,727 $0
2020 $2,146 $157,100 $157,100 $0
2019 $2,113 $154,020 $154,020 $0
2018 $767 $52,482 $52,482 $0
2017 $754 $51,453 $51,453 $0
2016 $735 $50,445 $50,445 $0
2015 $722 $49,689 $49,689 $0
2014 $722 $48,716 $48,716 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18021901

California Regional Multiple Listing Service (CRMLS)

APN: 419-072-030

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