NOT LISTED FOR SALE

624 W Gilman St Banning, CA 92220

Estimated Value: $353,000 - $449,000

4 Beds
3 Baths
1,612 Sq Ft
$245/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $253,000 $157 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,431/month

19 Days on Market

Highlights

  • Laundry Room
  • No Heating
  • 1-Story Property

About This Home

As of November 2017

Two separate buildings. Front Unit- Two bedrooms One bath plus a bonus room with separate garage and Back Unit- Two bedrooms two bathrooms.
Both units are rented. Huge back yard and very nice neighborhood.

Last Agent to Sell the Property

Aaron Marin

SAN MARINO REALTY License #01139451 Listed on: 10/04/2017

Last Buyer's Agent

Roger Arthur

Keller Williams South Bay License #01489317

Keller Williams South Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,938

Year Built

  • Built in 1939

Lot Details

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

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,612 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer

Location

  • Suburban Location

Utilities

  • No Heating
  • Sewer Paid

Listing and Financial Details

  • Tax Lot b
  • Tax Tract Number 111
  • Assessor Parcel Number 535201006

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $21,600
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,938

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Zoning: R1
  • Property Type: Residential Income
  • Parcel Number: 535201006
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 156.95

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room, Washer Hookup, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 13939.00

Multi Family

  • Gross Income: 21600.00
  • Gross Scheduled Income: 21600.00
  • Net Operating Income: 21600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 441.04
  • Tax Lot: b
  • Tax Tract Number: 111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2021
Sold by
Castro Fidel and Castro Shannon A
Bought by
Castro Fidel and Castro Shannon Alice
Current Estimated Value
$395,075

Purchase Details

Closed on
Dec 1, 2020
Sold by
Castro Fidel and Castro Shannon A
Bought by
Castro Fidel and Castro Shannon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$173,918
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$221,157

Purchase Details

Listed on
Oct 4, 2017
Closed on
Nov 2, 2017
Sold by
Pintado Gabino and Pintado Dolores M
Bought by
Castro Fidel and Staff Shannon
Seller's Agent
Aaron Marin
SAN MARINO REALTY
Buyer's Agent
Roger Arthur
Keller Williams South Bay
List Price
$259,000
Sold Price
$253,000
Premium/Discount to List
-$6,000
-2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$189,750
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2015
Closed on
Nov 2, 2015
Sold by
Pintado Gabino and Pintado Dolores M
Bought by
Pintado Family Trust
Seller's Agent
DEBBIE MOORE
Mountain View Associates Real Estate
Buyer's Agent
Aaron Marin
SAN MARINO REALTY
List Price
$189,900
Sold Price
$189,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%

Purchase Details

Listed on
May 16, 2015
Closed on
Aug 3, 2015
Sold by
Harrison Anne E
Bought by
Pintado Gabino and Pintado Dolores M
Seller's Agent
DEBBIE MOORE
Mountain View Associates Real Estate
Buyer's Agent
Aaron Marin
SAN MARINO REALTY
List Price
$189,900
Sold Price
$189,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,459
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2009
Sold by
Sodhi Rishi K and Sodhi Neetu K
Bought by
Harrison Anne E and The Anne E Harrison Trust

Purchase Details

Closed on
Apr 8, 2009
Sold by
U S Bank National Association
Bought by
Sodhi Rishi K and Sodhi Neetu K

Purchase Details

Closed on
Sep 9, 2008
Sold by
Escobar Jose C and Escobar Melissa
Bought by
U S Bank Na and Holders Of The Asset Backed Securities C

Purchase Details

Closed on
Jun 1, 2006
Sold by
Steele Sheila M and Walkington Derek
Bought by
Escobar Jose C and Escobar Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2001
Sold by
Hastings Sandra
Bought by
Steele Shelia M and Walkington Derek
Source: Public Records

Range of Values:

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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
Castro Fidel -- None Available
Castro Fidel -- Wfg National Title Company
Castro Fidel $253,000 Stewart Title
Pintado Gabino -- Stewart Title
Pintado Family Trust -- None Available
Pintado Gabino $190,000 Lawyers Title
Harrison Anne E $139,000 First American Title Company
Sodhi Rishi K $67,000 Lsi Title Agency
U S Bank Na $180,846 Lsi Title Company Ca
Escobar Jose C $330,000 First American Title Company
Steele Shelia M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Fidel $195,000
Closed Castro Fidel $189,750
Previous Owner Pintado Gabino $186,459
Previous Owner Escobar Jose C $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2017 11/17/17 Sold $253,000 -2.3% $157 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/04/2017 10/04/17 For Sale $259,000 +36.4% $161 / Sq Ft
09/28/2015 09/28/15 Sold $189,900 0.0% $118 / Sq Ft View Prior Sale
07/25/2015 07/25/15 Pending -- -- --
05/16/2015 05/16/15 For Sale $189,900 -- $118 / 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 $3,938 $287,865 $34,129 $253,736
2023 $3,938 $276,688 $32,804 $243,884
2022 $3,853 $271,263 $32,161 $239,102
2021 $3,779 $265,945 $31,531 $234,414
2020 $3,747 $263,219 $31,208 $232,011
2019 $3,688 $258,059 $30,597 $227,462
2018 $3,665 $253,000 $30,000 $223,000
2017 $2,828 $193,698 $40,800 $152,898
2016 $2,690 $189,900 $40,000 $149,900
2015 $2,128 $149,284 $37,588 $111,696
2014 $2,114 $146,361 $36,852 $109,509
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17227708

California Regional Multiple Listing Service (CRMLS)

APN: 535-201-006