NOT LISTED FOR SALE

721 E George St Banning, CA 92220

Estimated Value: $323,000 - $395,000

3 Beds
1 Bath
1,048 Sq Ft
$348/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $279,900 $267 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,278/month

6 Days on Market

Highlights

  • Mountain View
  • Cooling System Mounted To A Wall/Window
  • No Heating
  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of April 2021

Adorable starter property OR rental investment with gorgeous views and an extra large lot. This property has excellent bones and tons of potential for development! The back lot is the perfect location for an Accessory Dwelling Unit, which could further increase the properties income generating possibilities. Located close to freeways, entertainment and city amenities. Priced under $280,000 - this is the opportunity you have been waiting for.

Last Agent to Sell the Property

Domika Mejia

CAL PACIFIC PROPERTIES License #01203653 Listed on: 03/22/2021

Last Buyer's Agent

DEXTER BARRAZA

CENTURY 21 PRIMETIME REALTORS License #01826835

CENTURY 21 PRIMETIME REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,139

Year Built

  • Built in 1947

Lot Details

  • 0.26 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Garage

Interior Spaces

  • 1,048 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 541032014

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,139

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 541032014
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1048.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 267.08
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Banning Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11326.00
  • Lot Size Acres: 0.2600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11326.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Apr 5, 2021
Sold by
Atkins Beatriz
Bought by
Atkin Bill Wayne
Seller's Agent
Domika Mejia
CAL PACIFIC PROPERTIES
Buyer's Agent
DEXTER BARRAZA
CENTURY 21 PRIMETIME REALTORS
List Price
$279,900
Sold Price
$279,900
Current Estimated Value
$364,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,648
Avg. Annual Appreciation
6.12%
Original Mortgage
$274,829
Outstanding Balance
$248,137
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$116,411

Purchase Details

Listed on
Mar 22, 2021
Closed on
Apr 1, 2021
Sold by
Dorati Gustavo D and Family Trust Of Gustavo D Dora
Bought by
Atkins Bill Wayne
Seller's Agent
Domika Mejia
CAL PACIFIC PROPERTIES
Buyer's Agent
DEXTER BARRAZA
CENTURY 21 PRIMETIME REALTORS
List Price
$279,900
Sold Price
$279,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,829
Outstanding Balance
$248,137
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$116,411

Purchase Details

Closed on
Aug 18, 2017
Sold by
Security Investment Group
Bought by
Dorati Gustavo D

Purchase Details

Closed on
Aug 29, 2011
Sold by
Meadows George W
Bought by
Security Investment Group

Purchase Details

Closed on
Jan 7, 2005
Sold by
J A Russo Enterprises Inc
Bought by
Meadows George W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2003
Sold by
Russo John A
Bought by
Russo John A and Russo Joanne N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2000
Sold by
Ja Russo Enterprises Inc
Bought by
Russo John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 1999
Sold by
Daligney Robert B and Daligney Georgia A
Bought by
J A Russo Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,800
Interest Rate
7.96%
Mortgage Type
Purchase Money Mortgage
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
Atkin Bill Wayne -- Ticor Title Company Of Ca
Atkins Bill Wayne $280,000 Ticor Title Company Of Ca
Dorati Gustavo D -- None Available
Security Investment Group $47,500 None Available
Meadows George W $180,000 Fidelity National Title Ins
J A Russo Enterprises Inc -- Fidelity National Title Ins
Russo John A -- Stewart Title
Russo John A -- Fidelity National Title Co
Russo John A -- Fidelity National Title Co
J A Russo Enterprises Inc $21,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atkins Bill Wayne $274,829
Previous Owner Meadows George W $144,000
Previous Owner Russo John A $64,000
Previous Owner Russo John A $55,200
Previous Owner J A Russo Enterprises Inc $31,800
Closed Meadows George W $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2021 04/29/21 Sold $279,900 0.0% $267 / Sq Ft
03/29/2021 03/29/21 Off Market $279,900 -- --
03/28/2021 03/28/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $279,900 -- $267 / 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 $4,139 $302,861 $81,181 $221,680
2023 $4,139 $291,103 $78,030 $213,073
2022 $4,050 $285,396 $76,500 $208,896
2021 $2,267 $157,676 $21,023 $136,653
2020 $2,246 $156,060 $20,808 $135,252
2019 $2,211 $153,000 $20,400 $132,600
2018 $2,197 $150,000 $20,000 $130,000
2017 $1,141 $75,752 $16,231 $59,521
2016 $1,086 $74,267 $15,913 $58,354
2015 $1,070 $73,154 $15,675 $57,479
2014 $1,063 $71,723 $15,369 $56,354
Source: Public Records

Agents Affiliated with this Home

  • Domika Mejia

    Seller's Agent in 2021

    Domika Mejia

    CAL PACIFIC PROPERTIES

    (951) 781-0181

    1 in this area

    38 Total Sales

    Domika Mejia
    Section Image

  • D

    Buyer's Agent in 2021

    DEXTER BARRAZA

    CENTURY 21 PRIMETIME REALTORS

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21060171

California Regional Multiple Listing Service (CRMLS)

APN: 541-032-014

California Riverside County Banning 92220

721 E George St, Banning, CA

This home is located at 721 E George St, Banning, CA 92220 since 22 March 2021 and is currently estimated at $364,548, approximately $347 per square foot. This property was built in 1947. 721 E George St is a home located in Riverside County with nearby schools including Banning High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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