NOT LISTED FOR SALE

720 N 8th St Banning, CA 92220

Estimated Value: $368,000 - $399,000

3 Beds
1.5 Baths
1,094 Sq Ft
$353/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $375,000 $343 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,492/month

5 Days on Market

Highlights

  • Updated Kitchen
  • Quartz Countertops
  • Neighborhood Views
  • Corner Lot
  • No HOA
  • Bathtub with Shower

About This Home

As of April 2023

Fantastic opportunity in Banning on this 3 bedroom 1.5 bath that has been renovated and is ready for a new family. Enter into a spacious living room area that connects directly to a beautiful updated kitchen that features quartz countertops, updated cabinetry and updated appliances. Upgrades throughout the home include fresh neutral paint inside and out, central heating and air conditioning system, NEW dual pane windows, NEW wood vinyl flooring, NEW baseboards, NEW roof, and NEW lighting throughout the home. The updated bathroom features a shower tub combo. No upgrades needed here, it's move in ready!!! This home is conveniently located to shopping, downtown Banning, nearby schools, and quick 10/60 freeway access..

Last Agent to Sell the Property

James Vega

REAL ESTATE MAVENS License #01346612 Listed on: 03/20/2023

Last Buyer's Agent

Betty Iglesias

eHomes License #01959135

eHomes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,218

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Property is zoned R1

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,094 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Attached Carport
  • Parking Available

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 540061019
  • $64 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,218

Year Built

Built in 1955 | Remodeled

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Banning
  • View: Yes
  • Zoning: R1
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 540061019
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1094.00 Square Feet
  • Interior Amenities: Quartz Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 342.78
  • Room Type: Kitchen, Living Room
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Attached Carport

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Banning Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 441.02
  • Tax Lot: 20
  • Tax Tract Number: 000...
  • TaxOtherAnnualAssessmentAmount: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Apr 3, 2023
Sold by
B & J Real Estate Investments Inc
Bought by
Claustro Miguel and Claustro Maria G
Seller's Agent
James Vega
REAL ESTATE MAVENS
Buyer's Agent
Betty Iglesias
eHomes
List Price
$359,900
Sold Price
$375,000
Premium/Discount to List
$15,100
4.2%
Views
56
Current Estimated Value
$386,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,431
Avg. Annual Appreciation
1.21%

Purchase Details

Listed on
Mar 20, 2023
Closed on
Feb 22, 2023
Sold by
Carranza Kimberly Kay
Bought by
B & J Real Estate Investment Inc Llc
Seller's Agent
James Vega
REAL ESTATE MAVENS
Buyer's Agent
Betty Iglesias
eHomes
List Price
$359,900
Sold Price
$375,000
Premium/Discount to List
$15,100
4.2%
Views
56

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 10, 2022
Sold by
Glak Properties Llc
Bought by
Carranza Kimberly Kay and Carranza Sean J
Seller's Agent
Eran Fattal
Dynasty Real Estate
Buyer's Agent
Luis Delgado
THE ALLIANCE REAL ESTATE
List Price
$339,000
Sold Price
$365,000
Premium/Discount to List
$26,000
7.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.53%

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 3, 2022
Sold by
Glak Properties Llc
Bought by
Carranza Kimberly Kay and Carranza Sean J
Seller's Agent
Eran Fattal
Dynasty Real Estate
Buyer's Agent
Luis Delgado
THE ALLIANCE REAL ESTATE
List Price
$339,000
Sold Price
$365,000
Premium/Discount to List
$26,000
7.67%

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 26, 2021
Sold by
Lynch Robert L and The Robert L Lynch Trust
Bought by
Glak Properties Llc
Seller's Agent
Emma Davidson
NATIONAL REALTY GROUP
Buyer's Agent
ROBERT DAVIDSON
NATIONAL REALTY GROUP
List Price
$300,000
Sold Price
$205,000
Premium/Discount to List
-$95,000
-31.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
282.52%
Original Mortgage
$153,750
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 8, 2012
Sold by
Lynch Robert L
Bought by
Lynch Robert L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Claustro Miguel $375,000 None Listed On Document
Claustro Miguel -- Orange Coast Title
B & J Real Estate Investment Inc Llc $226,000 Orange Coast Title
Carranza Kimberly Kay $365,000 None Listed On Document
Carranza Kimberly Kay $365,000 None Listed On Document
Glak Properties Llc $205,000 First American Title Company
Lynch Robert L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glak Properties Llc $153,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2023 04/06/23 Sold $375,000 0.0% $343 / Sq Ft
03/26/2023 03/26/23 Off Market $375,000 -- --
03/25/2023 03/25/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $359,900 -1.4% $329 / Sq Ft
03/09/2022 03/09/22 Sold $365,000 0.0% $334 / Sq Ft View Prior Sale
03/01/2022 03/01/22 Pending -- -- --
02/15/2022 02/15/22 Off Market $365,000 -- --
02/08/2022 02/08/22 For Sale $339,000 +65.4% $310 / Sq Ft
10/04/2021 10/04/21 Sold $205,000 0.0% $187 / Sq Ft View Prior Sale
08/26/2021 08/26/21 Pending -- -- --
08/13/2021 08/13/21 Off Market $205,000 -- --
08/13/2021 08/13/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $300,000 -- $274 / 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 $5,218 $390,148 $20,809 $369,339
2023 $5,218 $372,300 $20,400 $351,900
2022 $2,927 $205,000 $20,000 $185,000
2021 $357 $27,973 $4,149 $23,824
2020 $350 $27,687 $4,107 $23,580
2019 $344 $27,145 $4,027 $23,118
2018 $338 $26,614 $3,950 $22,664
2017 $330 $26,093 $3,873 $22,220
2016 $313 $25,583 $3,798 $21,785
2015 $307 $25,200 $3,742 $21,458
2014 $303 $24,709 $3,670 $21,039
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23045138

California Regional Multiple Listing Service (CRMLS)

APN: 540-061-019