NOT LISTED FOR SALE

Banning, CA 92220

Estimated Value: $324,000 - $432,900

0.13 Acre
$2,907,500 Price per Acre
6,098 Sq Ft Lot

Last Sold November 12, 2017

Last sale price $18,000 $21 Per Sq Ft

Est. 2,000% increase in value since last sale

Current estimated payment $2,166/month

407 Days on Market

About This Lot

As of November 2017

This is an unimproved lot that is 6098 sq ft and is ready to built upon by the right investor. The owners are anxious and motivated to get this lot sold. So please hurry it will not last. Call the listing agent to make or submit your offer today. Let's go to escrow...

Last Agent to Sell the Property

Murphy Richardson

Power Brokers License #00753317 Listed on: 08/25/2016

Last Buyer's Agent

Jesus Sierra

Bilderbloom License #01772408

Property Details

Property Type

  • Land

Lot Details

  • 6,098 Sq Ft Lot
  • Property is zoned R1

Property Views

  • Mountain
  • Desert

Listing and Financial Details

  • Assessor Parcel Number 541-044-008

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: No
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Desert, Mountains
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 541-044-008
  • Geocode Override: No
  • Lot Size Area: 6098

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2025
Sold by
Bello Kevin and Bello Colin Victor
Bought by
Torres Guadalupe and Torres Mario
Current Estimated Value
$377,975

Purchase Details

Closed on
Dec 26, 2018
Sold by
Castro Eugenia
Bought by
Colin Victor M Castro

Purchase Details

Closed on
Dec 18, 2018
Sold by
Magdaleno Luis
Bought by
Castro Bello Kevin and Castro Colin Victor M

Purchase Details

Listed on
Aug 25, 2016
Closed on
Oct 30, 2017
Sold by
Burnett Realty Inc
Bought by
Magdaleno Luis
Seller's Agent
Murphy Richardson
Power Brokers
Buyer's Agent
Jesus Sierra
Bilderbloom
List Price
$25,000
Sold Price
$18,000
Premium/Discount to List
-$7,000
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.42%

Purchase Details

Closed on
Mar 4, 2005
Sold by
Aleman Victor and Aleman Victor A
Bought by
Aleman Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Torres Guadalupe $320,000 Pacific Coast Title
Colin Victor M Castro -- Old Republic Title Company
Castro Bello Kevin $28,000 Old Republic Title Company
Magdaleno Luis $18,000 Lawyers Title
Aleman Victor -- Ticor Title Company Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aleman Victor $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2017 11/12/17 Sold $18,000 -28.0% $21 / Sq Ft
10/06/2017 10/06/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $25,000 +38.9% $29 / Sq Ft
05/06/2017 05/06/17 Off Market $18,000 -- --
08/25/2016 08/25/16 For Sale $25,000 -- $29 / Sq Ft
Source: The MLS

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 $2,236 $368,432 $31,232 $337,200
2023 $2,236 $123,866 $30,020 $93,846
2022 $901 $59,932 $29,432 $30,500
2021 $464 $28,855 $28,855 $0
2020 $457 $28,560 $28,560 $0
2019 $450 $28,000 $28,000 $0
2018 $312 $18,000 $18,000 $0
2017 $145 $6,448 $6,448 $0
2016 $139 $6,322 $6,322 $0
2015 $137 $6,228 $6,228 $0
2014 $136 $6,107 $6,107 $0
Source: Public Records

Agents Affiliated with this Home

  • Murphy Richardson

    Seller's Agent in 2017

    Murphy Richardson

    Power Brokers

    (310) 570-2533

    3 Total Sales

    Murphy Richardson
    Section Image

  • J

    Buyer's Agent in 2017

    Jesus Sierra

    Bilderbloom

    Section Image
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Source: The MLS

MLS Number: 16-156864

The MLS

APN: 541-044-008

California Riverside County Banning

92220

Not Listed for Sale

Lots

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