NOT LISTED FOR SALE

701 N 4th St Banning, CA 92220

Estimated Value: $498,000 - $625,000

4 Beds
3.5 Baths
2,700 Sq Ft
$208/Sq Ft Est. Value

Last Sold August 09, 2018

Last sale price $350,000 $130 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,421/month

45 Days on Market

Highlights

  • Attached Guest House
  • Gated Parking
  • Canyon View
  • RV Access or Parking
  • 33,976 Sq Ft lot
  • Maid or Guest Quarters

About This Home

As of August 2018

Endless possibilities with this 4 bedroom home with 2 1/2 bathrooms. New carpet in Living room and all bedrooms. Vaulted ceiling in Living Room with fireplace and Huge family room with fireplace as well. rehabbed kitchen cabinets and counter top. New interior paint in Living room, family room, and kitchen. Indoor laundry room. Home features double pane windows and Solar Panels and home includes Refrigerator, washer and dryer. 3 car detached garage with a big Workshop behind 2 car garage area.. Newer roof. Guest house has living room, kitchen and dining area with 1 full bath. Huge front and back yard that includes a long RV Access. Privately Gated with professional block wall and 2 Iron gates.

Last Agent to Sell the Property

Rose Cerda

KELLER WILLIAMS RIVERSIDE CENT License #01290823 Listed on: 05/26/2018

KELLER WILLIAMS RIVERSIDE CENT

Last Buyer's Agent

BRYAN BOND

West One Properties License #00827933

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,318

Year Built

  • Built in 1951

Lot Details

  • 0.78 Acre Lot
  • Level Lot
  • Garden
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors
  • Gated Parking
  • RV Access or Parking

Property Views

  • Canyon
  • Park or Greenbelt

Interior Spaces

  • 2,700 Sq Ft Home
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination
  • Bonus Room
  • Workshop

Kitchen

  • Breakfast Bar
  • Range Hood

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Homes

  • Two Homes on a Lot
  • Attached Guest House

Additional Features

  • Exterior Lighting
  • Evaporated cooling system

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 242
  • Assessor Parcel Number 540063016

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,318

Year Built

Built in 1951

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Seller will pay Hero program for Solar panels before close of escrow
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 540063016
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2700.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s)
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, In Family Room, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 129.63
  • Room Type: All Bedrooms Down, Bonus Room, Guest/Maid's Quarters, Workshop

Exterior Features

  • Other Structures: Guest House Attached, Two On A Lot
  • View: Canyon, Park/Greenbelt
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, Garage - Three Door, Gated, RV Access/Parking, RV Gated
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Appliances: Range Hood, Refrigerator
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • School District: Banning Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Garden, Lot 20000-39999 Sqft, Level
  • Lot Size Sq Ft: 33976.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 242

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2018
Closed on
Jul 13, 2018
Sold by
Steck Robert L and Steck Edith
Bought by
Merlos Jose Nelson
Seller's Agent
Rose Cerda
KELLER WILLIAMS RIVERSIDE CENT
Buyer's Agent
BRYAN BOND
West One Properties
List Price
$370,000
Sold Price
$350,000
Premium/Discount to List
-$20,000
-5.41%
Current Estimated Value
$561,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,517
Avg. Annual Appreciation
6.84%
Original Mortgage
$343,660
Outstanding Balance
$297,833
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$263,684

Purchase Details

Closed on
Jun 15, 2006
Sold by
Steck Robert L
Bought by
Steck Robert L and Steck Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 18, 2005
Sold by
Steck Robert L
Bought by
Steck Robert L and Steck Edith

Purchase Details

Closed on
Aug 4, 2005
Sold by
Steck Edith
Bought by
Steck Robert L

Purchase Details

Closed on
Oct 10, 2003
Sold by
Tapia Ernesto Duarte and Tapia Ana
Bought by
Steck Robert L and Steck Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,550
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 2002
Sold by
Stoemer Marlene
Bought by
Tapia Ernesto Duarte and Tapia Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,771
Interest Rate
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 1994
Sold by
Tessendorf Myron M and Tessendorf Margaret S
Bought by
Tessendorf Myron M and Tessendorf Margaret S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.25%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Merlos Jose Nelson $350,000 Ticor Title
Steck Robert L -- First American Title Company
Steck Robert L -- First American Title Company
Steck Robert L -- United Title Company Inland
Steck Robert L -- United Title Company Inland
Steck Robert L $243,000 Commonwealth Land America
Tapia Ernesto Duarte $160,000 Gateway Title Company
Tessendorf Myron M -- First American Title Ins Co
Tessendorf Myron M -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merlos Jose Nelson $343,660
Previous Owner Steck Robert L $39,000
Previous Owner Steck Robert L $206,550
Previous Owner Tapia Ernesto Duarte $157,771
Previous Owner Tessendorf Myron M $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2018 08/09/18 Sold $350,000 -5.4% $130 / Sq Ft
05/26/2018 05/26/18 For Sale $370,000 -- $137 / 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 $5,318 $390,425 $44,617 $345,808
2023 $5,318 $375,267 $42,886 $332,381
2022 $5,203 $367,910 $42,046 $325,864
2021 $5,103 $360,697 $41,222 $319,475
2020 $5,060 $357,000 $40,800 $316,200
2019 $4,981 $350,000 $40,000 $310,000
2018 $4,287 $303,626 $56,221 $247,405
2017 $7,818 $297,673 $55,119 $242,554
2016 $7,609 $291,838 $54,039 $237,799
2015 $7,561 $287,456 $53,228 $234,228
2014 $7,534 $281,828 $52,187 $229,641
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18125029

California Regional Multiple Listing Service (CRMLS)

APN: 540-063-016