NOT LISTED FOR SALE

878 N Cherry St Banning, CA 92220

Estimated Value: $306,000 - $394,000

2 Beds
1 Bath
800 Sq Ft
$431/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $194,500 $243 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,125/month

26 Days on Market

Highlights

  • RV Access or Parking
  • Bonus Room
  • No HOA
  • View of Hills
  • Granite Countertops
  • Formal Dining Room

About This Home

As of September 2018

Back on the Market!! The property was recently renovated with newer appliances and counter tops, flooring, ADT security system and has been well taken care of. This home is perfect for any family and great as a starter home. Area is growing at a rapid pace, this is the time to buy in Banning. Come and take a look at this 2 bedroom and 1 bath Plus Bonus room. Home is well maintained and clean. This is a great investment property or first time home buyer opportunity! Lot is large enough to expand and create a personal oasis. Schools and Park within walking distance, easy freeway access. Local to Casino Morongo and Palm Springs is less than 20 minutes away!

Last Agent to Sell the Property

Natalia Marquez

Citrine Realty Group License #01735145 Listed on: 07/10/2018

Last Buyer's Agent

Sabrina Rios

ESTATES & RATES INC. License #02011511

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,532

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 6,970 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Chain Link Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Bonus Room
  • Laminate Flooring
  • Views of Hills
  • Home Security System

Kitchen

  • Gas Cooktop
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Attached Carport
  • Parking Available
  • Gravel Driveway
  • RV Access or Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 151
  • Tax Tract Number 1020
  • Assessor Parcel Number 534282007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,532

Year Built

Built in 1950 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Security System
  • View: Yes
  • Zoning: R1
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 534282007
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 800.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Separated
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 243.12
  • Room Type: All Bedrooms Down, Bonus Room, Master Bedroom
  • Bathroom Features: Bathtub, Shower, Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Direction Faces: West
  • Foundation: Slab
  • View: Hills
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway, Gravel, RV Access/Parking, RV Potential

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Cooktop, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • 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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 442.00
  • Tax Lot: 151
  • Tax Tract Number: 001020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Sep 25, 2018
Sold by
Marquez David and Marquez Natalia T
Bought by
Alvarez Susan
Seller's Agent
Natalia Marquez
Citrine Realty Group
Buyer's Agent
Sabrina Rios
ESTATES & RATES INC.
List Price
$192,500
Sold Price
$194,500
Premium/Discount to List
$2,000
1.04%
Total Days on Market
26
Current Estimated Value
$344,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,385
Avg. Annual Appreciation
8.90%
Original Mortgage
$190,976
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
May 18, 2017
Closed on
Jul 19, 2017
Sold by
Thrones Investments Llc
Bought by
Marquez David and Marquez Natalia T
Seller's Agent
Natalia Marquez
Citrine Realty Group
Buyer's Agent
Natalia Marquez
Citrine Realty Group
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.63%
Original Mortgage
$120,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2016
Closed on
May 6, 2016
Sold by
Russell Mark
Bought by
Thrones Investments Llc
Seller's Agent
Phil Walsh
HOME SOURCE REAL ESTATE
Buyer's Agent
Phil Walsh
HOME SOURCE REAL ESTATE
List Price
$109,900
Sold Price
$90,000
Premium/Discount to List
-$19,900
-18.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.17%
Original Mortgage
$81,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2013
Closed on
Jan 7, 2014
Sold by
Russell Sherri Lee
Bought by
Russell Mark
Seller's Agent
Phil Walsh
HOME SOURCE REAL ESTATE
Buyer's Agent
Phil Walsh
HOME SOURCE REAL ESTATE
List Price
$50,000
Sold Price
$60,000
Premium/Discount to List
$10,000
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.01%

Purchase Details

Listed on
Nov 21, 2013
Closed on
Dec 23, 2013
Sold by
Hinton Myra J
Bought by
Russell Mark
Seller's Agent
Phil Walsh
HOME SOURCE REAL ESTATE
Buyer's Agent
Phil Walsh
HOME SOURCE REAL ESTATE
List Price
$50,000
Sold Price
$60,000
Premium/Discount to List
$10,000
20%

Purchase Details

Closed on
Feb 14, 2008
Sold by
Gutierrez Steven and Valdez Delia M
Bought by
Hinton John R and Hinton Myra J

Purchase Details

Closed on
Jan 22, 2006
Sold by
Gutierrez Steven
Bought by
Lulu Inc

Purchase Details

Closed on
Nov 1, 2005
Sold by
Valdez Delia
Bought by
Lulu Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2005
Sold by
Gutierrez Roxanna L
Bought by
Gutierrez Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2005
Sold by
Taylor Walter
Bought by
Gutierrez Steven and Valdez Delia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Alvarez Susan $194,500 Fidelity National Title Ie
Marquez David $150,000 First American Title Company
Thrones Investments Llc $90,000 Ticor Title
Russell Mark -- Fidelity National Title Co
Russell Mark $60,000 Fidelity Natl Title Co-Ie
Hinton John R $202,443 United Title Company
Lulu Inc -- Accommodation
Lulu Inc -- Accommodation
Gutierrez Steven -- Commonwealth Land Title Co
Valdez Delia -- Commonwealth Land Title Co
Gutierrez Steven $193,000 Commonwealth Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Susan $2,203
Open Alvarez Susan $8,720
Open Alvarez Susan $54,620
Open Alvarez Susan $190,976
Closed Alvarez Susan $190,976
Previous Owner Marquez David $120,000
Previous Owner Thrones Investments Llc $81,000
Previous Owner Gutierrez Steven $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $194,500 +1.0% $243 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $192,500 +28.3% $241 / Sq Ft
07/24/2017 07/24/17 Sold $150,000 0.0% $188 / Sq Ft
05/18/2017 05/18/17 For Sale $150,000 +66.7% $188 / Sq Ft
05/18/2016 05/18/16 Sold $90,000 -18.1% $106 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
05/01/2016 05/01/16 For Sale $109,900 +22.1% $129 / Sq Ft
04/05/2016 04/05/16 Off Market $90,000 -- --
04/04/2016 04/04/16 For Sale $109,900 +22.1% $129 / Sq Ft
12/31/2015 12/31/15 Off Market $90,000 -- --
12/18/2015 12/18/15 For Sale $109,900 +22.1% $129 / Sq Ft
11/17/2015 11/17/15 Off Market $90,000 -- --
11/15/2015 11/15/15 For Sale $109,900 +22.1% $129 / Sq Ft
08/24/2015 08/24/15 Off Market $90,000 -- --
08/23/2015 08/23/15 For Sale $109,900 +22.1% $129 / Sq Ft
07/23/2015 07/23/15 Off Market $90,000 -- --
07/23/2015 07/23/15 For Sale $109,900 +22.1% $129 / Sq Ft
06/22/2015 06/22/15 Off Market $90,000 -- --
06/20/2015 06/20/15 For Sale $109,900 +22.1% $129 / Sq Ft
05/21/2015 05/21/15 Off Market $90,000 -- --
05/04/2015 05/04/15 For Sale $109,900 +22.1% $129 / Sq Ft
04/30/2015 04/30/15 Off Market $90,000 -- --
06/03/2014 06/03/14 For Sale $109,900 +22.1% $129 / Sq Ft
05/31/2014 05/31/14 Off Market $90,000 -- --
03/03/2014 03/03/14 For Sale $109,900 +83.2% $129 / Sq Ft
01/17/2014 01/17/14 Sold $60,000 +20.0% $75 / Sq Ft
11/21/2013 11/21/13 For Sale $50,000 -16.7% $63 / Sq Ft
11/16/2013 11/16/13 Off Market $60,000 -- --
11/16/2013 11/16/13 For Sale $50,000 -16.7% $63 / Sq Ft
11/11/2013 11/11/13 Off Market $60,000 -- --
11/11/2013 11/11/13 For Sale $50,000 -16.7% $63 / Sq Ft
11/10/2013 11/10/13 Pending -- -- --
11/06/2013 11/06/13 Off Market $60,000 -- --
11/04/2013 11/04/13 For Sale $50,000 -- $63 / 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
2023 $3,532 $208,541 $26,804 $181,737
2022 $2,920 $204,453 $26,279 $178,174
2021 $2,864 $200,445 $25,764 $174,681
2020 $2,839 $198,390 $25,500 $172,890
2019 $2,795 $194,500 $25,000 $169,500
2018 $2,197 $150,000 $25,000 $125,000
2017 $1,370 $91,800 $20,400 $71,400
2016 $917 $62,128 $15,531 $46,597
2015 $904 $61,198 $15,299 $45,899
2014 $1,447 $99,000 $28,000 $71,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18165971

California Regional Multiple Listing Service (CRMLS)

APN: 534-282-007