NOT LISTED FOR SALE

714 Alder Ct Banning, CA 92220

Estimated Value: $543,708 - $619,000

3 Beds
2.5 Baths
2,584 Sq Ft
$228/Sq Ft Est. Value

Last Sold May 28, 2013

Last sale price $238,000 $92 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $3,587/month

60 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of May 2013

Homes in this neighborhood are rarely on the market! Build in 2006, this cornet lot home features over 2,500 sq/ft of living space on a lot of over 10,000 sq/ft! This 3 Bedroom, 3 Bath home has newer carpeting, an open floor plan, and a large yard for entertaining. With views of the mountains and located in a quiet neighborhood, this is the perfect home for any size family. Come live in Banning! This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage and HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Dio Kapitan

License #01834679 Listed on: 03/15/2013

Last Buyer's Agent

Hernan Orellana

REAL ESTATE MASTERS GROUP License #01214395

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 10,454 Sq Ft Lot
  • Block Wall Fence

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 2,584 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 537271016

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: NA-263
  • Included In Sale: As Is with no warranties expressed or implied.
  • List Price per Sq Ft: 96.75
  • Lp Sp Ratio: 0.9520
  • Year Built: 2006
  • Listing I D: 21472436
  • Listing Member Address: 121 S. Palm Canyon Dr.Ste.200, Palm Springs, CA 92262
  • Listing Office Address: 121 S. Palm Canyon Dr.Ste.200, Palm Springs, CA 92262
  • Listing Office Fax: (866) 579-5580
  • Selling Office Address: 1655 E. 6TH STREET, BEAUMONT, CA 92223
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area
  • Estimated Sq Ft: 2584.00

Exterior Features

  • Other Features: Slab
  • Roofing: Concrete, Tile
  • Fencing: Block
  • Foundation: Slab

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District

Lot Info

  • Assessor Parcel Number: 537271016
  • Lot Acres: 0.2400
  • Lot Size: 10454.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Banning Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2013
Closed on
Apr 22, 2013
Sold by
Federal National Mortgage Association
Bought by
Horsman Latricia A
Seller's Agent
Dio Kapitan
Buyer's Agent
Hernan Orellana
REAL ESTATE MASTERS GROUP
List Price
$250,000
Sold Price
$238,000
Premium/Discount to List
-$12,000
-4.8%
Current Estimated Value
$589,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,677
Avg. Annual Appreciation
7.32%
Original Mortgage
$234,971
Outstanding Balance
$165,406
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$424,271

Purchase Details

Closed on
Dec 24, 2012
Sold by
Polley Michael
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 11, 2007
Sold by
Polley Terri
Bought by
Polley Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,890
Interest Rate
6.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 25, 2007
Sold by
East Highlands Llc
Bought by
Polley Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,890
Interest Rate
6.51%
Mortgage Type
Credit Line Revolving
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
Horsman Latricia A $238,000 First American Title Ins Co
Federal National Mortgage Association $380,928 First American Title Company
Polley Michael -- Chicago Title Company
Polley Michael -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horsman Latricia A $234,971
Previous Owner Polley Michael $44,890
Previous Owner Polley Michael $359,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2013 05/28/13 Sold $238,000 -4.8% $92 / Sq Ft
05/14/2013 05/14/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $250,000 -- $97 / Sq Ft
Source: California Desert Association of REALTORS®

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 $5,236 $340,353 $36,936 $303,417
2023 $5,236 $327,138 $35,502 $291,636
2022 $4,559 $320,724 $34,806 $285,918
2021 $4,472 $314,436 $34,124 $280,312
2020 $4,434 $311,213 $33,775 $277,438
2019 $4,365 $305,112 $33,113 $271,999
2018 $4,336 $299,130 $32,464 $266,666
2017 $4,266 $293,266 $31,828 $261,438
2016 $4,061 $287,516 $31,204 $256,312
2015 $4,003 $283,200 $30,737 $252,463
2014 $3,977 $277,654 $30,136 $247,518
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Dio Kapitan

  • Hernan Orellana

    Buyer's Agent in 2013

    Hernan Orellana

    REAL ESTATE MASTERS GROUP

    (909) 754-1717

    25 in this area

    80 Total Sales

    Hernan Orellana
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Map

Source: California Desert Association of REALTORS®

MLS Number: 21472436

California Desert Association of REALTORS®

APN: 537-271-016

California Riverside County Banning 92220

714 Alder Ct, Banning, CA

Not Listed for Sale

Detached

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