NOT LISTED FOR SALE

536 N 5th St Banning, CA 92220

Estimated Value: $517,843 - $655,000

-- Bed
-- Bath
-- Sq Ft
-- Built

Last Sold March 09, 2015

Last sale price $260,000

Est. 127% increase in value since last sale

Current estimated payment $3,493/month

102 Days on Market

About This Home

As of March 2015

Great Investment Opportunity! Right Around The Corner From The Local Park & Downtown Banning! This Property Has A Total Of 4 Units. The Units Are 2 Bedroom, 1 Bath. Covered Carports For Parking. Please Do Not Disturb The Tenants. Shown On Accepted Offer Only.

Last Agent to Sell the Property

Edgar Chavez

CAPRE Listed on: 09/29/2014

Last Buyer's Agent

Edgar Chavez

CAPRE Listed on: 09/29/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,231

Home Design

  • Duplex

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 0540093022000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,231

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0540093022000
  • Special Features: None

Garage/Parking

  • Attached Garage: No

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2017
Sold by
Sampat Prashant Mahesh
Bought by
Park Place Renovations Llc
Current Estimated Value
$589,961

Purchase Details

Closed on
Nov 21, 2014
Sold by
Demissie Belete and Demissie Amsale B
Bought by
Sampat Prashant Mahesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,705
Interest Rate
3.57%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2003
Sold by
Demissie Belete and Demissie Amsale Berhanu
Bought by
Demissie Belete and Demissie Amsale B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
4.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 5, 1996
Sold by
Federal National Mortgage Association
Bought by
Demissie Belete and Demissie Amsale Berhanu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,700
Interest Rate
7.04%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Park Place Renovations Llc -- Accomodation
Sampat Prashant Mahesh $257,500 First American Title Company
Demissie Belete -- Fidelity National Title
Demissie Belete $68,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sampat Prashant Mahesh $222,705
Previous Owner Demissie Belete $122,500
Previous Owner Demissie Belete $57,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2015 03/09/15 Sold $260,000 -25.5% --
01/09/2015 01/09/15 Pending -- -- --
09/29/2014 09/29/14 For Sale $349,000 -- --
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 $4,231 $309,466 $78,116 $231,350
2023 $4,231 $297,451 $75,084 $222,367
2022 $4,140 $291,619 $73,612 $218,007
2021 $4,060 $285,902 $72,169 $213,733
2020 $4,026 $282,971 $71,429 $211,542
2019 $3,963 $277,424 $70,029 $207,395
2018 $3,938 $271,985 $68,656 $203,329
2017 $3,875 $266,653 $67,310 $199,343
2016 $3,685 $261,426 $65,991 $195,435
2015 $1,976 $138,199 $55,275 $82,924
2014 $1,964 $135,494 $54,194 $81,300
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Edgar Chavez

    CAPRE

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RW2141822

California Regional Multiple Listing Service (CRMLS)

APN: 540-093-022

California Riverside County Banning 92220

536 N 5th St, Banning, CA

This home is located at 536 N 5th St, Banning, CA 92220 since 29 September 2014 and is currently estimated at $589,961. 536 N 5th St is a home located in Riverside County with nearby schools including Banning High School.

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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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