NOT LISTED FOR SALE

505 E Indian School Ln Banning, CA 92220

Estimated Value: $266,000 - $415,000

3 Beds
1.5 Baths
988 Sq Ft
$351/Sq Ft Est. Value

Highlights

  • Desert View
  • No HOA
  • Central Air
  • Private Yard
  • Laundry Room
  • No Heating

About This Home

As of August 2018

This beautiful 3 bedroom, 1 1/2 bath house has fence yard, washer and dryer hookup, 2 car garage. House is close to schools

Last Agent to Rent the Property

Liz Ponce De Leon

REALTY MASTERS & ASSOCIATES License #01758995 Listed on: 08/10/2018

REALTY MASTERS & ASSOCIATES

Last Renter's Agent

Liz Ponce De Leon

REALTY MASTERS & ASSOCIATES License #01758995 Listed on: 08/10/2018

REALTY MASTERS & ASSOCIATES

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 8,712 Sq Ft Lot
  • Private Yard
  • Property is zoned R1

Parking

  • 2 Car Garage

Interior Spaces

  • 988 Sq Ft Home
  • 1-Story Property
  • Desert Views

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Central Air
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $1,400
  • 12-Month Minimum Lease Term
  • Available 8/10/18
  • Tax Lot 65
  • Tax Tract Number 434
  • Assessor Parcel Number 534092014

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

8,712 Sq Ft Lot

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2018-08-10
  • Credit Check Paid By: Tenant
  • Deposit Key: 10
  • Deposit Security: 1400
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions

Listing Details

  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 534092014
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 988.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1.42
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Desert
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 8712.00

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 442.00
  • Tax Lot: 65
  • Tax Tract Number: 434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2009
Sold by
Federal National Mortgage Association
Bought by
Deleon Rolando Ponce and Deleon Liz Ponce
Current Estimated Value
$346,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,720
Outstanding Balance
$23,138
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$323,527

Purchase Details

Closed on
Feb 11, 2009
Sold by
Madrigal Gerardo
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 31, 2007
Sold by
Madrigal Maria
Bought by
Madrigal Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2007
Sold by
Arredondo Juan and Arredondo Juan C
Bought by
Madrigal Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2005
Sold by
Flores Ezequiel and Vavasseur Rosario
Bought by
Arredondo Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 1995
Sold by
Arreola Alberto Ponce and Ponce Ana L
Bought by
Flores Ezequiel and Vavasseor Rosario
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
Deleon Rolando Ponce $46,000 Lawyers Title Company
Federal National Mortgage Association $235,472 None Available
Madrigal Gerardo -- Orange Coast Title Co
Madrigal Gerardo $272,000 Orange Coast Title Co
Arredondo Juan $255,000 United Title Company Inland
Flores Ezequiel -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deleon Rolando Ponce $36,720
Previous Owner Madrigal Gerardo $272,000
Previous Owner Arredondo Juan $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2018 08/11/18 Rented $1,400 +1.8% --
08/10/2018 08/10/18 For Rent $1,375 -5.2% --
08/04/2018 08/04/18 Rented $1,450 0.0% --
07/06/2018 07/06/18 For Rent $1,450 -- --
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 $859 $59,088 $12,867 $46,221
2023 $859 $56,795 $12,368 $44,427
2022 $842 $55,682 $12,126 $43,556
2021 $827 $54,591 $11,889 $42,702
2020 $817 $54,033 $11,768 $42,265
2019 $805 $52,975 $11,538 $41,437
2018 $799 $51,937 $11,313 $40,624
2017 $785 $50,920 $11,092 $39,828
2016 $748 $49,923 $10,875 $39,048
2015 $737 $49,174 $10,712 $38,462
2014 $733 $48,212 $10,503 $37,709
Source: Public Records

Agents Affiliated with this Home

  • Liz Ponce De Leon

    Landlord's Agent in 2018

    Liz Ponce De Leon

    REALTY MASTERS & ASSOCIATES

    (951) 242-2242

    21 Total Sales

    Liz Ponce De Leon
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18195191

California Regional Multiple Listing Service (CRMLS)

APN: 534-092-014

California Riverside County Banning 92220

505 E Indian School Ln, Banning, CA

Not Listed for Sale

Detached

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