NOT LISTED FOR SALE

520 N 40th St Banning, CA 92220

Estimated Value: $462,000 - $508,000

3 Beds
2 Baths
1,935 Sq Ft
$250/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $380,000 $196 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,148/month

1 Day on Market

Highlights

  • Lawn
  • Neighborhood Views
  • Laundry Room
  • No HOA
  • 2 Car Attached Garage
  • Foothills

About This Home

As of February 2021

Large, single story, ranch style home in a quiet pocket of Banning. The home has had updates through the years including bathrooms and kitchen. Most recently a new roof and fresh carpet in the bedrooms have been installed. The rest of the home feature tiled floors. Some of the kitchen highlights are granite counters along the perimeter with tiled backsplash, new dishwasher and a HUGE center island with solid surface counter and dining area. A formal living room sits at the front of the home and a very generous size family room is at the rear with a sliding glass door to the attractive back yard with full length covered patio. The backyard has mature trees, a raised garden area and soothing water feature perfect for a Koi pond. The location is ideal...near shopping, dining, medical and short jaunt to the freeway making it optimal for commuters. The owners LOVE the home, its just time to downsize...Showings by appointment ONLY Monday 1/18/2021 from 12-3 and Tuesday 1/19/2021 1-4.

Last Agent to Sell the Property

Jill Huntsinger

CAPITIS REAL ESTATE License #01319737 Listed on: 01/18/2021

Last Buyer's Agent

Jorge Talavera

SanTal Real Estate License #02116810

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,599

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Lawn
  • Garden
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,935 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 45
  • Tax Tract Number 1000
  • Assessor Parcel Number 537041009

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,599

Year Built

Built in 1978 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 537041009
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1935.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 196.38
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Suburban

Schools

  • School District: Banning Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Landscaped, Lawn, Level
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8712.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 441.03
  • Tax Lot: 45
  • Tax Tract Number: 001000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Jan 29, 2021
Sold by
Tackett Danny A and Torres Jose M
Bought by
Salazar Raquel E and Chavez Adrian Rodriguez
Seller's Agent
Jill Huntsinger
CAPITIS REAL ESTATE
Buyer's Agent
Jorge Talavera
SanTal Real Estate
List Price
$355,000
Sold Price
$380,000
Premium/Discount to List
$25,000
7.04%
Current Estimated Value
$484,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,176
Avg. Annual Appreciation
6.27%
Original Mortgage
$373,117
Outstanding Balance
$337,234
Interest Rate
2.65%
Mortgage Type
FHA
Estimated Equity
$159,368

Purchase Details

Listed on
Mar 1, 2017
Closed on
Mar 20, 2017
Sold by
Fields Doyle Frederick and Evans Mareesa
Bought by
Tackett Danny A and Torres Jose M Castillo
Seller's Agent
Tarah Vangrouw
Mountain View Associates Real Estate
Buyer's Agent
CHRISTIAN MENDOZA MORAN
Realty Masters & Associates
List Price
$289,000
Sold Price
$286,500
Premium/Discount to List
-$2,500
-0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$229,200
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2007
Sold by
U S Bank Na
Bought by
Fields Doyle Frederick and Evans Mareesa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,425
Interest Rate
6.15%
Mortgage Type
VA

Purchase Details

Closed on
Sep 7, 2007
Sold by
Moncada Norman and Moncada Lisette
Bought by
U S Bank Na

Purchase Details

Closed on
May 3, 2006
Sold by
Sirotnak Thomas Paul and Sirotnak Virginia Rae
Bought by
Moncada Norman and Moncada Lisette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,400
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 1995
Sold by
Sirotnak Thomas Paul and Sirotnak Virginia Rae
Bought by
Sirotnak Thomas Paul and Sirotnak Virginia Rae

Purchase Details

Closed on
Jun 14, 1994
Sold by
Sirotnak Anthony P and Sirotnak Adeline M
Bought by
Sirotnak Thomas P and Sirotnak Virginia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.83%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Salazar Raquel E $380,000 Lawyers Title
Tackett Danny A $286,500 Wfg National Title Company
Fields Doyle Frederick $225,000 Commonwealth Land Title Co
U S Bank Na $289,728 Accommodation
Moncada Norman $338,000 Old Republic Title Co Riv
Sirotnak Thomas Paul -- --
Sirotnak Thomas P $75,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Raquel E $373,117
Previous Owner Tackett Danny A $229,200
Previous Owner Fields Doyle Frederick $227,127
Previous Owner Fields Doyle Frederick $229,685
Previous Owner Fields Doyle Frederick $232,425
Previous Owner Moncada Norman $270,400
Previous Owner Sirotnak Thomas P $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2021 02/23/21 Sold $380,000 +7.0% $196 / Sq Ft
01/25/2021 01/25/21 For Sale $355,000 -6.6% $183 / Sq Ft
01/20/2021 01/20/21 Off Market $380,000 -- --
01/20/2021 01/20/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $355,000 +23.9% $183 / Sq Ft
04/14/2017 04/14/17 Sold $286,500 -0.9% $148 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $289,000 -- $149 / 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
2023 $5,599 $395,352 $78,030 $317,322
2022 $5,478 $387,600 $76,500 $311,100
2021 $4,355 $307,184 $37,526 $269,658
2020 $4,318 $304,035 $37,142 $266,893
2019 $4,251 $298,074 $36,414 $261,660
2018 $4,224 $292,230 $35,700 $256,530
2017 $3,600 $254,639 $101,855 $152,784
2016 $3,080 $225,000 $90,000 $135,000
2015 $2,693 $197,000 $79,000 $118,000
2014 $2,559 $185,000 $74,000 $111,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV21001028

California Regional Multiple Listing Service (CRMLS)

APN: 537-041-009