NOT LISTED FOR SALE

961 N Cherry St Banning, CA 92220

Estimated Value: $252,000 - $369,000

2 Beds
2 Baths
640 Sq Ft
$501/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $210,000 $328 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,938/month

6 Days on Market

Highlights

  • Mountain View
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • No HOA
  • Laundry Room

About This Home

As of June 2020

OWNERSHIP PRIDE SHOWN ON THIS 2 BEDROOM, 2 BATH HOME LOCATED ON A LARGE 10019 SQUARE FEET LOT, THIS IS AN AFFORDABLE HOME IN THE CITY OF BANNING, ONLY MINUTES AWAY TO FAMOUS DESERT HILLS OUTLET STORES AND CASINO MORONGO, NEAR SHOPPING AND RESTAURANTS, WHY TO PAY RENT WHEN YOU CAN OWN!!ENJOY THE VIEW FROM FRONT PORCH OF SAN JACINTO AND SAN GORGONIO MOUNTAINS!

Last Agent to Sell the Property

Hernan Orellana

REAL ESTATE MASTERS GROUP License #01214395 Listed on: 05/12/2020

Last Buyer's Agent

MARJORIE GILLMAN

TITAN REAL ESTATE GROUP License #01960452

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 10,019

Parking

  • 1 Car Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • 640 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Gas Range
  • Laundry Room
  • 10,019 Sq Ft Lot
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 151
  • Tax Tract Number 442
  • Assessor Parcel Number 534281003

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 534281003
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 640.00 Square Feet
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 328.12
  • Room Type: Kitchen, Laundry

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10019.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 151
  • Tax Tract Number: 442

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
May 26, 2020
Sold by
Morales Orestes and Tortoledo Edith M
Bought by
Hicks Matthew
Seller's Agent
Hernan Orellana
REAL ESTATE MASTERS GROUP
Buyer's Agent
MARJORIE GILLMAN
TITAN REAL ESTATE GROUP
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$320,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,784
Avg. Annual Appreciation
7.98%
Original Mortgage
$206,196
Outstanding Balance
$182,777
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$138,007

Purchase Details

Listed on
Aug 1, 2018
Closed on
Aug 20, 2018
Sold by
Taylor Susan
Bought by
Morales Orestes and Tortoledo Edith M
Seller's Agent
Jeff DeJesus
Bilderbloom
Buyer's Agent
DIANA MARTINEZ
EXP REALTY OF CALIFORNIA INC
List Price
$189,999
Sold Price
$182,000
Premium/Discount to List
-$7,999
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$178,703
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2016
Sold by
Taylor Susan
Bought by
Taylor Susan

Purchase Details

Closed on
Jan 6, 2015
Sold by
Tarragon Capital Llc
Bought by
Taylor Barry A and Taylor Susan

Purchase Details

Closed on
Jan 12, 2007
Sold by
Taylor Barry and Taylor Susan
Bought by
Tarragon Capital Llc

Purchase Details

Closed on
Dec 21, 2005
Sold by
Taylor Barry
Bought by
Taylor Barry and Taylor Susan

Purchase Details

Closed on
Mar 2, 2005
Sold by
Taylor Susan
Bought by
Taylor Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2003
Sold by
Banning Partners For A Revitalized Commu
Bought by
Taylor Barry and Taylor Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hicks Matthew $210,000 Chicago Title Company
Morales Orestes $182,000 Old Republic Title Company
Taylor Susan -- None Available
Taylor Barry A -- None Available
Tarragon Capital Llc -- None Available
Taylor Barry -- --
Taylor Barry -- Fnt
Taylor Barry $32,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hicks Matthew $206,196
Previous Owner Morales Orestes $178,703
Previous Owner Taylor Barry $119,000
Previous Owner Taylor Barry $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2020 06/30/20 Sold $210,000 0.0% $328 / Sq Ft
05/12/2020 05/12/20 For Sale $210,000 +15.4% $328 / Sq Ft
10/03/2018 10/03/18 Sold $182,000 -4.2% $283 / Sq Ft View Prior Sale
09/06/2018 09/06/18 For Sale $189,999 0.0% $295 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $189,999 +4.4% $295 / Sq Ft
08/01/2018 08/01/18 Off Market $182,000 -- --
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 $3,154 $229,660 $43,743 $185,917
2023 $3,154 $220,745 $42,046 $178,699
2022 $3,087 $216,418 $41,222 $175,196
2021 $3,028 $212,175 $40,414 $171,761
2020 $2,660 $185,640 $40,800 $144,840
2019 $2,619 $182,000 $40,000 $142,000
2018 $639 $40,713 $25,447 $15,266
2017 $628 $39,916 $24,949 $14,967
2016 $598 $39,134 $24,460 $14,674
2015 $590 $38,548 $24,094 $14,454
2014 $586 $37,795 $23,623 $14,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV20090790

California Regional Multiple Listing Service (CRMLS)

APN: 534-281-003