1055 Cottonwood Rd Banning, CA 92220

$262,000 Sold Price as of 09/20/2017

2 Beds
1 Baths
1,221 Sq.Ft.

Off Market

$262,000 Sold Price as of 09/20/2017 Refinance Your Mortgage

Map preview of 1055 Cottonwood Rd, Banning, CA 92220

Property Overview: 1055 Cottonwood Rd Banning, CA has 2 bedrooms, 1 bathrooms, 1,221 living square feet and 4,356 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1055 Cottonwood Rd is currently an off market home in the city of Banning. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Banning has a median list price of $449,000. The median price per/sqft for Banning is $265. With those numbers in mind, if you are looking to purchase a median priced home in Banning, CA and put 20% down you will need to save up $89,800 for the down payment and will need roughly $8,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Banning the commission could be as much as $19,250. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Banning Agent

Sale History for 1055 Cottonwood Rd

Last sold for $262,000 on September 20th, 2017

September, 2017
Sep 20, 2017

Date

Sold (Public Records)

Public Records

$262,000

Price
August, 2017
Aug 16, 2017

Date

Pending

CRMLS: SW17183167

$205,000

Price
Aug 9, 2017

Date

Active

CRMLS: SW17183167

$205,000

Price
Listing provided courtesy of CRMLS

Beautifully Remodeled Home in a Cozy neighborhood of Banning! Nestled in a well established neighborhood, you have views of both The San Jacinto and San Gorgonio Mountains. It truly does not get better than this 2 bedroom, 1 bath home with an option for a 3rd bedroom. With features like: detached garage, laminate hard wood flooring throughout, a free standing wood burning fireplace, and a fully landscaped front yard; You do not want to miss out on this opportunity!

Continue Reading
June, 2015
Jun 30, 2015

Date

Sold (Public Records)

Public Records

$114,000

Price

Tax History for 1055 Cottonwood Rd

Assessed Value (2020): $272,584

Year	Land Value	Improved Value	Assessed Value
2020	$26,010	$246,574	$272,584

About 1055 Cottonwood Rd

Detailed summary of property

1055 Cottonwood Rd is a single family home in Banning, CA 92220 and last sold on September 20, 2017 for $262,000. This house has 2 bedrooms, 1 bathrooms, roughly 1,221 living square feet, and sits on an approximately 4,356 square foot lot. Homes in Banning are selling for a median price of $385,000 and a median price per square foot of $258. Based on Ardent Real Estate Group's Banning Market Data, this home is sold 31.95% lower than the current median priced home. 1055 Cottonwood Rd was last sold on September 20, 2017 for $262,000. Local nearby listings include 8273 Tristan Ln, 21529 Thomas Court and 21493 Thomas Court. The average home in Banning, CA is selling in 66 days. There are currently 180 homes for sale in the Banning real estate market and 174 of them are single family homes while 6 of them are condos and 0 are townhomes. If you are the homeowner and looking to sell the home at 1055 Cottonwood Rd Banning, CA 92220 contact Ardent Real Estate Group and we will put you in touch with one of our Banning agents.

Public Facts for 1055 Cottonwood Rd

Public county record property details

Beds: 2
Baths: 1
Year built: 1947
Sq. Ft.: 1,221
Lot Size: 4,356
Stories: 1

Type: Single Family Residential
Pool: No
Spa: No
County: Riverside
Lot#: 31,32
APN: 540-041-012

The source for these homes facts are from public records.

92220 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$449,000

Median List Price/Sq.Ft.

$267

Median Sold Price

$385,000

Median Sold Price/Sq.Ft.

$258

Total Inventory

181

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (18.52%), FHA (44.44%), VA (3.7%), Cash (29.63%), Other (3.7%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote