NOT LISTED FOR SALE

742 Preferred Ln Banning, CA 92220

Estimated Value: $375,000 - $442,000

4 Beds
2 Baths
1,204 Sq Ft
$345/Sq Ft Est. Value

About This Home

This home is located at 742 Preferred Ln, Banning, CA 92220 and is currently estimated at $414,880, approximately $344 per square foot. 742 Preferred Ln is a home located in Riverside County with nearby schools including Banning High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2006
Sold by
Rachsingharn Phailak
Bought by
Rachsingharn Phailak and Vannahong Nanhthana Andie
Current Estimated Value
$418,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Outstanding Balance
$87,341
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$327,539

Purchase Details

Closed on
Dec 12, 2003
Sold by
Vannahong Nanhthana Andie
Bought by
Rachsingham Phailak

Purchase Details

Closed on
Sep 26, 2003
Sold by
Khamsouk Vene and Kongsy Souvanh V
Bought by
Rachsingharn Phailak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 1998
Sold by
Hughes Aircraft Employees Fcu
Bought by
Khamsouk Vene and Vongxay Khamchanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,429
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 1997
Sold by
Vanhnarath Done Keo and Vanhnarath Phouvikha
Bought by
Hughes Aircraft Employees Fcu
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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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.

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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.

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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
Rachsingharn Phailak -- Security Union Title
Rachsingham Phailak -- Orange Coast Title
Rachsingharn Phailak $135,000 Orange Coast Title Co Murrie
Khamsouk Vene $45,000 First American Title Ins Co
Hughes Aircraft Employees Fcu $10,865 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rachsingharn Phailak $155,000
Previous Owner Rachsingharn Phailak $108,000
Previous Owner Khamsouk Vene $17,171
Previous Owner Khamsouk Vene $45,429
Closed Rachsingharn Phailak $20,250
Source: Public Records

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 $2,550 $191,916 $42,638 $149,278
2023 $2,550 $184,465 $40,983 $143,482
2022 $2,492 $180,849 $40,180 $140,669
2021 $2,442 $177,304 $39,393 $137,911
2020 $2,420 $175,487 $38,990 $136,497
2019 $2,380 $172,047 $38,226 $133,821
2018 $2,363 $168,675 $37,478 $131,197
2017 $2,322 $165,369 $36,744 $128,625
2016 $2,177 $160,000 $36,000 $124,000
2015 $2,095 $154,000 $34,000 $120,000
2014 $1,813 $132,000 $29,000 $103,000
Source: Public Records

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