NOT LISTED FOR SALE

550 E Hoffer St Banning, CA 92220

Estimated Value: $445,000 - $486,370

3 Beds
2.5 Baths
2,100 Sq Ft
$224/Sq Ft Est. Value

Last Sold January 08, 2022

Last sale price $250,000 $119 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,013/month

52 Days on Market

Highlights

  • 0.72 Acre Lot
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wood Burning Stove
  • Beamed Ceilings
  • Laundry Room

About This Home

As of January 2022

This home has some very good features, but it needs a lot of work. Estimated value after repair is $350,000. Large lot, 31,363 Sq Ft. Home has 2 separate entrances or can be opened as one living space. This home was being used as 2 separate quarters, so has 2 kitchens, Very nice Wood beam ceiling in the living room of main part of home. All the trash will be removed off the property.

Last Agent to Sell the Property

Diane Worden

MARY DIANE WORDEN, BROKER License #B.1003080 Listed on: 10/08/2021

Last Buyer's Agent

Diane Worden

MARY DIANE WORDEN, BROKER License #B.1003080 Listed on: 10/08/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 0.72 Acre Lot
  • Front Yard
  • Property is zoned R1

Parking

  • 1 Car Garage

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms | 4 Main Level Bedrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 147 / 147
  • Assessor Parcel Number 534200005
  • $61 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 534200005
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2100.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 119.05
  • Room Type: All Bedrooms Down, Laundry, Living Room

Exterior Features

  • Builder Name: 00
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s), Wood Stove
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 31363.00
  • Lot Size Acres: 0.7200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 31363.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 147
  • Tax Census Tract: 442.00
  • Tax Lot: 147
  • Tax Tract Number: 000
  • TaxOtherAnnualAssessmentAmount: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2023
Sold by
Carmona Ramiro Venegas
Bought by
Santana Ruben M
Current Estimated Value
$469,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,211
Outstanding Balance
$410,921
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$58,922

Purchase Details

Listed on
Oct 8, 2021
Closed on
Jan 7, 2022
Sold by
Mae Johnson Evangeline
Bought by
Manharth Duane David
Seller's Agent
Diane Worden
MARY DIANE WORDEN, BROKER
Buyer's Agent
Diane Worden
MARY DIANE WORDEN, BROKER
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.27%
Original Mortgage
$273,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 8, 2021
Closed on
Jan 4, 2022
Sold by
Mae Johnson Evangeline
Bought by
Manharth Duane David
Seller's Agent
Diane Worden
MARY DIANE WORDEN, BROKER
Buyer's Agent
Diane Worden
MARY DIANE WORDEN, BROKER
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 8, 2021
Closed on
Dec 16, 2021
Sold by
Manharth Duane David
Bought by
Carmona Ramiro Venegas
Seller's Agent
Diane Worden
MARY DIANE WORDEN, BROKER
Buyer's Agent
Diane Worden
MARY DIANE WORDEN, BROKER
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2021
Sold by
Johnson Evangeline Mae and Caseys Haven Trust
Bought by
Manharth Duane David

Purchase Details

Closed on
Oct 31, 2018
Sold by
Johnson Hugh and Johnson Evangeline
Bought by
Johnson Evangeline Mae and Casey S Haven Trust

Purchase Details

Closed on
Jun 18, 1997
Sold by
Ospital Jean
Bought by
Johnson Hugh and Johnson Evangeline

Purchase Details

Closed on
Mar 18, 1994
Sold by
Ospital Jean
Bought by
Ospital Jean

Purchase Details

Closed on
Sep 3, 1993
Sold by
Rekoendt Richard E
Bought by
Ospital Jean
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Santana Ruben M $430,000 First American Title
Manharth Duane David -- --
Manharth Duane David -- --
Carmona Ramiro Venegas $250,000 First American Title
Manharth Duane David -- None Available
Johnson Evangeline Mae -- None Available
Johnson Hugh $20,000 --
Ospital Jean -- --
Ospital Jean $20,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santana Ruben M $422,211
Previous Owner Carmona Ramiro Venegas $273,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2022 01/08/22 Sold $250,000 0.0% $119 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/20/2021 11/20/21 For Sale $250,000 0.0% $119 / Sq Ft
11/05/2021 11/05/21 Off Market $250,000 -- --
11/05/2021 11/05/21 For Sale $250,000 0.0% $119 / Sq Ft
11/04/2021 11/04/21 Off Market $250,000 -- --
11/04/2021 11/04/21 For Sale $250,000 0.0% $119 / Sq Ft
10/13/2021 10/13/21 Off Market $250,000 -- --
10/08/2021 10/08/21 For Sale $250,000 -- $119 / 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 $6,626 $447,371 $134,211 $313,160
2023 $6,626 $290,700 $40,800 $249,900
2022 $3,270 $229,500 $40,800 $188,700
2021 $1,368 $100,329 $46,819 $53,510
2020 $1,354 $99,301 $46,339 $52,962
2019 $1,331 $97,355 $45,431 $51,924
2018 $1,320 $95,447 $44,542 $50,905
2017 $1,296 $93,576 $43,669 $49,907
2016 $1,231 $91,742 $42,813 $48,929
2015 $1,212 $90,366 $42,171 $48,195
2014 $1,203 $88,597 $41,346 $47,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV21224458

California Regional Multiple Listing Service (CRMLS)

APN: 534-200-005