NOT LISTED FOR SALE

520 N Woodland Ave Banning, CA 92220

Estimated Value: $184,000 - $509,000

4 Beds
2 Baths
1,560 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 12, 2015

Last sale price $130,000 $83 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $2,274/month

105 Days on Market

Highlights

  • 0.63 Acre Lot
  • No HOA
  • 1-Story Property
  • Mountain View
  • Foothills
  • 3-minute walk to Sylvan Park

About This Home

As of May 2015

This property features two separate units that are both 2 bedroom. Records show the first unit to be a 2 bedroom, 1 bath and is 712 Sq Ft. Records show the second unit to be a 2 bedroom, 1 1/2 bath and is 848 Sq Ft. These two units sit on a 27,443 Sq Ft lot. Interior features or condition have not been verified.

Last Agent to Sell the Property

LARRY PIERCE

Vylla Home, Inc. License #01880602 Listed on: 01/07/2015

Last Buyer's Agent

Vicky Bravo

Eversell Realty License #01084555

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,272

Year Built

  • Built in 1938

Lot Details

  • 0.63 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 538040024

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Foothills

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $700
  • New Taxes Expense $916
  • Gross Income $1,000
  • Net Operating Income $880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,272

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 909 251-5129
  • Property Attached: No
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 538040024
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 83.33
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 2-5 Units/Acre, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 27443.00
  • Lot Size Acres: 0.6300

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 1000.00
  • Gross Scheduled Income: 1000.00
  • Insurance Expense: 700.00
  • Lot Size Area: 27443.0000 Square Feet
  • Net Operating Income: 880.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 120.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 916.00
  • Tax Lot: 13
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2015
Closed on
May 9, 2015
Sold by
Torres Guadalupe Patricia
Bought by
Torres Francisco
Seller's Agent
LARRY PIERCE
Vylla Home, Inc.
Buyer's Agent
Vicky Bravo
Eversell Realty
List Price
$149,300
Sold Price
$130,000
Premium/Discount to List
-$19,300
-12.93%
Current Estimated Value
$382,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,667
Avg. Annual Appreciation
11.05%

Purchase Details

Listed on
Jan 7, 2015
Closed on
Apr 28, 2015
Sold by
U S Bank National Association
Bought by
Torres Francisco
Seller's Agent
LARRY PIERCE
Vylla Home, Inc.
Buyer's Agent
Vicky Bravo
Eversell Realty
List Price
$149,300
Sold Price
$130,000
Premium/Discount to List
-$19,300
-12.93%

Purchase Details

Closed on
Dec 19, 2014
Sold by
Sullivan William K and Sullivan Kari D
Bought by
U S Bank National Association

Purchase Details

Closed on
Nov 7, 2008
Sold by
Inland Development Llc
Bought by
Inland Development Llc

Purchase Details

Closed on
Apr 21, 2005
Sold by
Sullivan William K
Bought by
Sullivan William K and Sullivan Kari D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2005
Sold by
Sullivan Kari D
Bought by
Sullivan William K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 2004
Sold by
Morales Carlos
Bought by
Sullivan William K and Sullivan Karl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 12, 2004
Sold by
The Morales Trust
Bought by
Inland Development Llc

Purchase Details

Closed on
Oct 20, 1995
Sold by
Duhamell Toni Lee
Bought by
The Morales Trust

Purchase Details

Closed on
Feb 8, 1995
Sold by
Morales Carlos
Bought by
Duhamell Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.81%
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
Torres Francisco -- Title365
Torres Francisco $136,500 Title365
U S Bank National Association $276,190 Fidelity National Title Ins
Inland Development Llc -- None Available
Oberg Patrick J -- None Available
Grindstaff Philip J -- None Available
Sullivan William K -- Stewart Title California Inc
Sullivan William K -- Stewart Title Of Ca Inc
Sullivan William K $60,000 Commonwealth Land Title
Inland Development Llc $80,000 First American Title Co Rive
The Morales Trust -- --
Duhamell Toni $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan William K $251,000
Previous Owner Sullivan William K $33,000
Previous Owner Sullivan William K $116,000
Previous Owner Sullivan William K $105,000
Previous Owner Duhamell Toni $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2015 05/12/15 Sold $130,000 -12.9% $83 / Sq Ft
04/22/2015 04/22/15 Pending -- -- --
01/07/2015 01/07/15 For Sale $149,300 -- $96 / 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 $2,272 $164,042 $25,234 $138,808
2023 $2,272 $157,674 $24,255 $133,419
2022 $2,223 $154,583 $23,780 $130,803
2021 $2,181 $151,553 $23,314 $128,239
2020 $2,161 $150,000 $23,075 $126,925
2019 $2,128 $147,060 $22,623 $124,437
2018 $2,114 $144,178 $22,180 $121,998
2017 $2,079 $141,352 $21,746 $119,606
2016 $1,978 $138,581 $21,320 $117,261
2015 $1,860 $130,000 $20,000 $110,000
2014 -- $68,213 $28,421 $39,792
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    LARRY PIERCE

    Vylla Home, Inc.

  • V

    Buyer's Agent in 2015

    Vicky Bravo

    Eversell Realty

    (562) 618-5507

    21 Total Sales

    Vicky Bravo
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV15004810

California Regional Multiple Listing Service (CRMLS)

APN: 538-040-024

California Riverside County Banning 92220

520 N Woodland Ave, Banning, CA

This home is located at 520 N Woodland Ave, Banning, CA 92220 since 07 January 2015 and is currently estimated at $382,667, approximately $245 per square foot. This property was built in 1938. 520 N Woodland Ave is a home located in Riverside County with nearby schools including Banning High School, Calvary Christian School, and Pass Christian School.

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.

California Regional Multiple Listing Service (CRMLS) 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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