O
Seller's Agent in 2016
Ophira Lenhert
OSL Inc
(949) 281-9122
1 Total Sale
86 N 3rd St Banning, CA 92220
3
Beds
3
Baths
16,907
Sq Ft
0.67
Acres
Highlights
- In Ground Pool
- Corner Lot
- Laundry Room
- 0.67 Acre Lot
- No HOA
- Wall Furnace
About This Home
As of April 2016This residential income property features 7 buildings with 31 total units. All units have garbage disposals and ovens. The complex is situated on a corner lot. Complex has good location being walking distance to Cineplex, several local businesses, restaurants, Repplier and Carpenter Hamilton Parks, Nicolet Middle School and Banning High school. The complex has a pool. Gas and electricity are centrally metered.
This sale includes 86 N. Third, 238 W. Hays, and a vacant lot.
3 APNs include:
540-166-003-3
540-162-010-7
540-166-002-2
Vacant lot across the street is 5,850 SQ. FT.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 0.67 Acre Lot
- No Common Walls
- Corner Lot
- Density is up to 1 Unit/Acre
Home Design
- 16,907 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Additional Features
- Laundry Room
- In Ground Pool
- Suburban Location
- Wall Furnace
Listing and Financial Details
- Tax Tract Number 441
- Assessor Parcel Number 540166002
Community Details
Overview
- No Home Owners Association
- 7 Buildings
- 31 Units
Amenities
- Laundry Facilities
Building Details
- Electric Expense $18,000
- Insurance Expense $4,258
- Maintenance Expense $6,500
- Pest Control $3,600
- Pool Expense $2,410
- Professional Management Expense $13,000
- Supplies Expense $15,000
- Trash Expense $6,000
- Water Sewer Expense $5,000
- New Taxes Expense $7,275
- Gross Income $20,260
- Net Operating Income $148,059
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/26/2016 04/26/16 | Sold | $1,400,000 | -17.9% | $83 / Sq Ft |
| 04/01/2016 04/01/16 | Pending | -- | -- | -- |
| 02/26/2016 02/26/16 | For Sale | $1,705,000 | -- | $101 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $7,255 | $531,540 | $85,878 | $445,662 |
| 2023 | $7,255 | $510,902 | $82,545 | $428,357 |
| 2022 | $7,103 | $500,885 | $80,927 | $419,958 |
| 2021 | $6,969 | $491,065 | $79,341 | $411,724 |
| 2020 | $6,916 | $486,031 | $78,528 | $407,503 |
| 2019 | $6,813 | $476,502 | $76,989 | $399,513 |
| 2018 | $6,832 | $474,861 | $75,480 | $399,381 |
| 2017 | $5,785 | $399,970 | $69,360 | $330,610 |
| 2016 | $1,944 | $135,021 | $34,684 | $100,337 |
| 2015 | $1,908 | $133,112 | $34,164 | $98,948 |
| 2014 | $1,909 | $130,658 | $33,496 | $97,162 |
Source: Public Records
Agents Affiliated with this Home
-
Ophira Lenhert
-
Mike Nijjar
M
Buyer's Agent in 2016
Mike Nijjar
MZ BROKERAGE INC.
(626) 575-0062
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC16041544
APN: 540-166-003
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.
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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