NOT LISTED FOR SALE

550 E Hoffer St Banning, CA 92220

Banning Area

Estimated Value: $458,000 - $498,466

3 Beds
2.5 Baths
2,100 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: January 8, 2022

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

Est. 89% increase in value since last sale

Current estimated payment $3,153 / mo

52 Days on Market

Highlights

  • 0.72 Acre Lot
  • No HOA
  • Laundry Room
  • Wood Burning Stove
  • Beamed Ceilings
  • Ceiling Fan

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 31,363 Sq Ft 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
  • Laundry Facilities

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

0.72 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2023
Sold by
Bought by
Current Estimated Value
$472,617

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
$407,625
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$64,992

Purchase Details

Listed on
Oct 8, 2021
Closed on
Jan 4, 2022
Sold by
Bought by
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
14.75%
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
Bought by
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
Bought by

Purchase Details

Closed on
Oct 31, 2018
Sold by
Bought by

Purchase Details

Closed on
Jun 18, 1997
Sold by
Bought by

Purchase Details

Closed on
Mar 18, 1994
Sold by
Bought by

Purchase Details

Closed on
Sep 3, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Banning, CA

  • Marta Liceaga Real Estate Agent - Enstone Investments Inc

    Marta Liceaga

    Enstone Investments Inc

    (747) 255-6032

    160 Total Sales

    5 in Banning

    $325K - $520K Price Range

    Marta Liceaga
     Section Image
  • natalia castro Real Estate Agent - THE MORTGAGE PROS FUNDING, INC

    natalia castro

    THE MORTGAGE PROS FUNDING, INC

    (951) 916-3767

    32 Total Sales

    3 in Banning

    $383K - $449K Price Range

    natalia castro
     Section Image
  • Carlos Gutierrez Real Estate Agent - Re/Max Champions

    Carlos Gutierrez

    Re/Max Champions

    (951) 476-2638

    87 Total Sales

    2 in Banning

    $395K - $400K Price Range

    Carlos Gutierrez
     Section Image
  • Marino Morales Real Estate Agent - BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS

    Marino Morales

    BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS

    (951) 476-2542

    41 Total Sales

    1 in Banning

    $300,000 Price

    Marino Morales
     Section Image
  • Maria Barragan Real Estate Agent - Realty ONE Group United

    Maria Barragan

    Realty ONE Group United

    (424) 336-8371

    56 Total Sales

    1 in Banning

    $339,000 Price

    Maria Barragan
     Section Image
  • Michael Barragan Real Estate Agent - AMERIPRIDE PROPERTIES

    Michael Barragan

    AMERIPRIDE PROPERTIES

    (909) 442-1231

    43 Total Sales

    1 in Banning

    $405,000 Price

    Michael Barragan
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$430,000 First American Title
-- --
-- First American Title
$250,000 First American Title
-- None Available
-- None Available
$20,000 --
-- --
$20,000 First American Title Insuran
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $16,622
Open $422,211
Previous Owner $273,500
Previous Owner $273,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,736 $456,318 $136,895 $319,423
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

  • DW

    Seller's Agent in 2022

    Diane Worden

    MARY DIANE WORDEN, BROKER

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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

California Riverside County Banning 92220

550 E Hoffer St, Banning, CA

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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