J
Seller's Agent in 2024
Jenny Zhang
A + Realty & Mortgage
(626) 855-2530
1 in this area
35 Total Sales
508 W Williams St Banning, CA 92220
Estimated Value: $572,000 - $643,000
4
Beds
4
Baths
2,000
Sq Ft
$306/Sq Ft
Est. Value
Highlights
- 0.61 Acre Lot
- Tile Countertops
- Tile Flooring
- Open Floorplan
- Laundry Room
- Heating System Uses Natural Gas
About This Home
As of May 2024Opportunities knocked! Beautiful 4 unit apartments(two buildings, each unit is one bedroom one bath)) located in a quiet tree lined street in the city of Banning, which is only 2 minutes away rom Fwy 10 and minutes away from Desert Hills Premium Outlets and Cabazon Resort and Casino. This nice apartment complex sits on a large lot over 26,000 sqf which gives investors another golden opportunity to add on more units, all interest parties please check with the city planning department for the expansion. Laundry rooms in Building 506 both units were converted into bedrooms without permit. All units has tile flooring for easy maintenance. All units have separate electricity and gas meters, Only one water meter but water bill spilt paid by the tenants, landlord Only pays $120/month trash bill. Very low maintenance with high returns , long term tenants, don't miss out!Property to be Sold in AS IS, Where Is condition, all information is dim reliable but not guaranty, living square feet is estimated, no public record, please do own investigation. Please drive by Only and do Not disturb the tenants, they are Not aware of the sale. Offer subject to interior inspection on accepted offer, interior pictures were taken prior tenants moved in.
Last Agent to Sell the Property
A + Realty & Mortgage Brokerage Email: propertyprojenny@gmail.com License #01854689 Listed on: 07/11/2023
Last Buyer's Agent
A + Realty & Mortgage Brokerage Email: propertyprojenny@gmail.com License #01854689 Listed on: 07/11/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,968
Year Built
- Built in 1964
Lot Details
- 0.61 Acre Lot
- No Common Walls
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,000 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Tile Flooring
- Tile Countertops
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Natural Gas Connected
- Septic Type Unknown
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 245 / 245
- Tax Tract Number 44
- Assessor Parcel Number 540170028
- $64 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $900
- Trash Expense $1,440
- Operating Expense $2,340
- Gross Income $48,960
- Net Operating Income $46,620
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2023
Closed on
May 15, 2024
Sold by
Aj Realty Company Llc
Bought by
Sarker Mohammad Ziaul and Islam Farzana
Seller's Agent
Jenny Zhang
A + Realty & Mortgage
Buyer's Agent
Jenny Zhang
A + Realty & Mortgage
List Price
$609,000
Sold Price
$609,000
Views
571
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,979
Avg. Annual Appreciation
0.47%
Original Mortgage
$456,750
Outstanding Balance
$450,345
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$162,634
Purchase Details
Closed on
Jul 21, 2016
Sold by
Champ Robert T
Bought by
Aj Realty Llc
Purchase Details
Listed on
Aug 26, 2014
Closed on
Sep 18, 2014
Sold by
Esquivel Sal and Esquivel Susie L
Bought by
Champ Robert T
Seller's Agent
MARIA RODRIGUEZ
Mountain View Associates Real Estate
Buyer's Agent
Manny Houshmand
KELLER WILLIAMS REALTY
List Price
$269,900
Sold Price
$240,000
Premium/Discount to List
-$29,900
-11.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Purchase Details
Closed on
Mar 31, 2010
Sold by
Lupoid Llc
Bought by
Esquivel Sal and Esquivel Susie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
5.03%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 12, 2010
Sold by
Bank Of America National Association
Bought by
Lupoid Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
5.03%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 23, 2009
Sold by
Wise Keri and Wise Charles J
Bought by
Bank Of America National Association
Purchase Details
Closed on
Jul 29, 2004
Sold by
Otto Greg
Bought by
Wise Charles J and Wise Keri
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
7.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 25, 2003
Sold by
Martinez Abel E
Bought by
Otto Greg
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
5.06%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 14, 2003
Sold by
Kimberly Edward
Bought by
Martinez Abel E
Purchase Details
Closed on
Jan 16, 2002
Sold by
Rubio Oscar
Bought by
Kimberly Edward
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,914
Interest Rate
6.99%
Mortgage Type
FHA
Purchase Details
Closed on
May 22, 2000
Sold by
Federal National Mortgage Association
Bought by
Rubio Oscar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
8.15%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sarker Mohammad Ziaul | $609,000 | Wfg National Title | |
| Sarker Mohammad Ziaul | $609,000 | Wfg National Title | |
| Aj Realty Llc | $250,000 | Lawyers Title Company | |
| Champ Robert T | $240,000 | First American Title Company | |
| Esquivel Sal | $185,000 | Fidelity National Title | |
| Lupoid Llc | $91,000 | Lawyers Title | |
| Bank Of America National Association | $242,396 | None Available | |
| Wise Charles J | -- | First American Title Company | |
| Otto Greg | $245,000 | Chicago Title Co | |
| Martinez Abel E | $33,000 | Chicago Title Co | |
| Kimberly Edward | $135,000 | South Coast Title | |
| Rubio Oscar | $61,000 | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sarker Mohammad Ziaul | $456,750 | |
| Closed | Sarker Mohammad Ziaul | $456,750 | |
| Previous Owner | Esquivel Sal | $138,750 | |
| Previous Owner | Wise Charles J | $272,000 | |
| Previous Owner | Otto Greg | $183,750 | |
| Previous Owner | Kimberly Edward | $132,914 | |
| Previous Owner | Rubio Oscar | $69,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/22/2024 05/22/24 | Sold | $609,000 | 0.0% | $305 / Sq Ft | |
| 04/24/2024 04/24/24 | For Sale | $609,000 | 0.0% | $305 / Sq Ft | |
| 04/23/2024 04/23/24 | Off Market | $609,000 | -- | -- | |
| 04/23/2024 04/23/24 | For Sale | $609,000 | 0.0% | $305 / Sq Ft | |
| 04/23/2024 04/23/24 | Pending | -- | -- | -- | |
| 04/22/2024 04/22/24 | Off Market | $609,000 | -- | -- | |
| 12/21/2023 12/21/23 | Price Changed | $609,000 | -1.6% | $305 / Sq Ft | |
| 11/09/2023 11/09/23 | Price Changed | $619,000 | -1.6% | $310 / Sq Ft | |
| 10/01/2023 10/01/23 | Price Changed | $629,000 | -1.6% | $315 / Sq Ft | |
| 07/11/2023 07/11/23 | For Sale | $639,000 | +166.3% | $320 / Sq Ft | |
| 09/30/2014 09/30/14 | Sold | $240,000 | -11.1% | $116 / Sq Ft | View Prior Sale |
| 09/14/2014 09/14/14 | Pending | -- | -- | -- | |
| 08/26/2014 08/26/14 | For Sale | $269,900 | -- | $130 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $3,968 | $621,179 | $152,995 | $468,184 |
| 2023 | $3,968 | $278,876 | $111,550 | $167,326 |
| 2022 | $3,883 | $273,409 | $109,363 | $164,046 |
| 2021 | $3,809 | $268,049 | $107,219 | $160,830 |
| 2020 | $3,776 | $265,301 | $106,120 | $159,181 |
| 2019 | $3,717 | $260,100 | $104,040 | $156,060 |
| 2018 | $3,694 | $255,000 | $102,000 | $153,000 |
| 2017 | $3,634 | $250,000 | $100,000 | $150,000 |
| 2016 | $3,527 | $250,236 | $78,380 | $171,856 |
| 2015 | $3,387 | $240,000 | $75,000 | $165,000 |
| 2014 | $2,796 | $194,798 | $66,336 | $128,462 |
Source: Public Records
Agents Affiliated with this Home
-
Jenny Zhang
-
MARIA RODRIGUEZ
M
Seller's Agent in 2014
MARIA RODRIGUEZ
Mountain View Associates Real Estate
(951) 849-7887
9 in this area
35 Total Sales
-
Manny Houshmand
Buyer's Agent in 2014
Manny Houshmand
KELLER WILLIAMS REALTY
(909) 864-2121
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR23124320
APN: 540-170-028
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.
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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