NOT LISTED FOR SALE

874 Cottonwood Rd Banning, CA 92220

Estimated Value: $302,000 - $370,322

2 Beds
1.5 Baths
720 Sq Ft
$469/Sq Ft Est. Value

Last Sold July 03, 2023

Last sale price $345,000 $479 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,158/month

8 Days on Market

Highlights

  • Mountain View
  • Laundry Room
  • Back Yard
  • No HOA
  • Foothills
  • 1-Story Property

About This Home

As of July 2023

Great opportunity to own a home in Banning! This beautiful home has 3 bedrooms and 2 bathrooms, perfect for a family or first time buyer. There is a combination of laminate flooring and tile on the floors throughout the home. It has a separate laundry room and a large backyard. The yard is very low maintenance and there is a long driveway with plenty of room for several vehicles. It also have a detached garage and a separate yard area perfect for a garden. The home is located close to the freeway, shopping, restaurants and several parks.

Last Agent to Sell the Property

ANNA HOWIE

HOMEQUEST REAL ESTATE License #02039155 Listed on: 05/22/2023

HOMEQUEST REAL ESTATE

Last Buyer's Agent

Mercedes De La Cruz

Century 21 Allstars License #01414738

Century 21 Allstars

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 7,841 Sq Ft Lot
  • Back Yard
  • Property is zoned R1

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 3 Main Level Bedrooms

Community Details

  • No Home Owners Association
  • Solera Subdivision
  • Foothills

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 441
  • Assessor Parcel Number 540044004
  • $64 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

7,841 Sq Ft Lot

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Solera (SLRA)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 540044004
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 720.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 479.17
  • Room Type: All Bedrooms Down

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • 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: 53
  • Tax Tract Number: 441.02
  • TaxOtherAnnualAssessmentAmount: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Jun 2, 2023
Sold by
Michael W Jeffery W and Michael Deborah J
Bought by
Silva Anabel
Seller's Agent
ANNA HOWIE
HOMEQUEST REAL ESTATE
Buyer's Agent
Mercedes De La Cruz
Century 21 Allstars
List Price
$329,000
Sold Price
$345,000
Premium/Discount to List
$16,000
4.86%
Views
67
Current Estimated Value
$337,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,169
Avg. Annual Appreciation
-0.77%
Original Mortgage
$276,000
Outstanding Balance
$267,434
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$70,397

Purchase Details

Closed on
Jan 4, 2022
Sold by
Wayne Jeffery Michael and Wayne Deborah J
Bought by
Michael W Jeffery And Deborah J Jeffery Revoc and Jeffery Deborah

Purchase Details

Closed on
Sep 9, 2013
Sold by
Mahoney Thomas William
Bought by
Mahoney Thomas Michael

Purchase Details

Closed on
May 25, 2012
Sold by
Dibiase Vanessa and Brady Cassondra Dibiase
Bought by
Mahoney Thomas Michael and Mahoney Thomas William
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
Silva Anabel $345,000 Wfg National Title
Michael W Jeffery And Deborah J Jeffery Revoc -- None Listed On Document
Mahoney Thomas Michael -- None Available
Mahoney Thomas Michael $42,000 Lawyers Title Co
Mahoney Thomas Michael -- Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Anabel $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2023 07/03/23 Sold $345,000 0.0% $479 / Sq Ft
06/02/2023 06/02/23 Off Market $345,000 -- --
05/30/2023 05/30/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $329,000 -- $457 / 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 $4,799 $351,900 $20,400 $331,500
2023 $4,799 $189,210 $21,023 $168,187
2022 $2,655 $185,501 $20,611 $164,890
2021 $2,605 $181,864 $20,207 $161,657
2020 $736 $48,227 $17,223 $31,004
2019 $725 $47,283 $16,886 $30,397
2018 $719 $46,356 $16,555 $29,801
2017 $707 $45,448 $16,231 $29,217
2016 $674 $44,558 $15,913 $28,645
2015 $664 $43,891 $15,675 $28,216
2014 $660 $43,033 $15,369 $27,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23087615

California Regional Multiple Listing Service (CRMLS)

APN: 540-044-004

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