NOT LISTED FOR SALE

568 W Williams St Banning, CA 92220

Banning Area

Estimated Value: $462,766

5 Beds
3 Baths
2,047 Sq Ft
$226/Sq Ft Est. Value

Sale Details

Date Sold: September 20, 2021

Last sale price $430,000 $210 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,764 / mo

15 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Neighborhood Views
  • Cooling Available
  • No HOA
  • Two Homes on a Lot
  • Bungalow

About This Home

As of September 2021

LIVE IN ONE AND COLLECT RENT ON THE SECOND UNIT! THIS DUPLEX IS LOCATED NEAR DOWN TOWN BANNING, HAS EASY FREEWAY ACCESS, NEAR RESTAURANTS AND SCHOOLS AND ONLY MINUTES AWAY FROM FAMOUS CASINO MORONGO AND CABAZON'S DESERT HILLS OUTLET STORES, GREAT INVESTMENT PROPERTY OR A MULTI FAMILY VENTURE. PROPERTY HAS A LOT OF FRUIT TREES INCLUDING FIGS, POMEGRANATE, PEACH, ORANGE, LIME AND LEMON TREE AND MANY SHADE TREES.

Last Agent to Sell the Property

Hernan Orellana

REAL ESTATE MASTERS GROUP License #01214395 Listed on: 07/15/2021

Last Buyer's Agent

Elvira Hernandez

VIP RE Firm License #01189581

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 13,068 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence

Home Design

  • Duplex
  • Bungalow
  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 2,047 Sq Ft Home
  • Blinds
  • Laminate Flooring
  • Neighborhood Views
  • Fire and Smoke Detector
  • Gas Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Parking

  • Parking Available
  • Gravel Driveway

Additional Homes

  • Two Homes on a Lot

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Tax Tract Number 44
  • Assessor Parcel Number 540170026

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $100
  • Insurance Expense $80
  • Trash Expense $40
  • Water Sewer Expense $60
  • Operating Expense $280
  • Gross Income $2,600
  • Net Operating Income $27,840

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

0.3 Acres

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 60.00
  • Zoning: R
  • Architectural Style: Bungalow
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 540170026
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 210.06
  • Room Type: All Bedrooms Down
  • Window Features: Blinds

Exterior Features

  • Other Structures: Two On A Lot
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Gravel

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Sewer: Public Sewer
  • Trash Expense: 40.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size: 13068
  • Lot Size Sq Ft: 13068.00
  • Lot Size Acres: 0.3000

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 2600.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 80.00
  • Lot Size Area: 13068.0000 Square Feet
  • Net Operating Income: 27840.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3360.00
  • Rent Control: No
  • Total Expenses: 280.00

Tax Info

  • Tax Lot: 0000
  • Tax Tract Number: 044...

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
Sep 13, 2022
Sold by
Bought by
Current Estimated Value
$462,766

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 4, 2021
Sold by
Bought by
Seller's Agent
Hernan Orellana
REAL ESTATE MASTERS GROUP
Buyer's Agent
Elvira Hernandez
VIP RE Firm
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%
Original Mortgage
$75,000
Interest Rate
2.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 10, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,297
Interest Rate
5.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 21, 1997
Sold by
Bought by

Purchase Details

Closed on
May 19, 1997
Sold by
Bought by

Purchase Details

Closed on
Feb 27, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 Company
-- Equity Title Company
-- Stewart Title Company
$42,000 Stewart Title Company
-- --
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
Previous Owner $75,000
Previous Owner $230,000
Previous Owner $136,224
Previous Owner $72,297
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
09/20/2021 09/20/21 Sold $430,000 -4.4% $210 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $450,000 -- $220 / 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 $2,676 $193,864 $81,181 $112,683
2025 $2,676 $190,064 $79,590 $110,474
2023 $2,622 $182,685 $76,500 $106,185
2022 $2,566 $179,103 $75,000 $104,103
2021 $3,290 $237,902 $33,393 $204,509
2020 $3,260 $235,464 $33,051 $202,413
2019 $3,207 $230,848 $32,403 $198,445
2018 $3,185 $226,322 $31,768 $194,554
2017 $3,132 $221,886 $31,146 $190,740
2016 $2,977 $217,536 $30,536 $187,000
2015 $3,030 $214,270 $30,078 $184,192
2014 $3,011 $210,075 $29,490 $180,585
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV21155157

California Regional Multiple Listing Service (CRMLS)

APN: 540-170-026

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