116 Morongo Ave Banning, CA 92220

$2,300,000 Sold Price as of 01/10/2019

1 Beds
1 Baths
720 Sq.Ft.

Off Market

$2,300,000 Sold Price as of 01/10/2019 Refinance Your Mortgage

Map preview of 116 Morongo Ave, Banning, CA 92220

Property Overview: 116 Morongo Ave Banning, CA has 1 bedrooms, 1 bathrooms, 720 living square feet and 11,761 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

116 Morongo Ave 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 116 Morongo Ave

Last sold for $230,000 on January 11th, 2019

January, 2019
Jan 14, 2019

Date

Sold

CRMLS: EV18231096

$230,000

Price
Oct 30, 2018

Date

Pending

CRMLS: EV18231096

$229,900

Price
Oct 24, 2018

Date

Price Change

CRMLS: EV18231096

$229,900

Price
Oct 12, 2018

Date

Price Change

CRMLS: EV18231096

$239,900

Price
Sep 21, 2018

Date

Active

CRMLS: EV18231096

$249,900

Price
Listing provided courtesy of CRMLS

New Reduced Price!!! Absolutely gorgeous 3 bedroom, 2 bath Banning home!!! Totally remodeled and absolutely TURNKEY*** Come make this your BRAND NEW home -- new flooring, fixtures, carpet, paint, and just about everything else*** You won't believe how cozy this one is*** Beautifully updated kitchen with a connected breakfast nook*** Huge living area and tons of storage*** Three big bedrooms, two remodeled bathrooms, and indoor laundry*** Nice size lot with plenty of room for your toys, pool, playground... you name it!! Perfect location near shopping and freeway access along with a quiet, well-established neighborhood*** This is a must see!!!

Continue Reading
January, 2019
Jan 10, 2019

Date

Sold (Public Records)

Public Records

$2,300,000

Price
November, 2017
Nov 3, 2017

Date

Sold (Public Records)

Public Records

$85,000

Price

Tax History for 116 Morongo Ave

Assessed Value (2020): $234,600

Year	Land Value	Improved Value	Assessed Value
2020	$25,500	$209,100	$234,600

About 116 Morongo Ave

Detailed summary of property

116 Morongo Ave is a single family home in Banning, CA 92220 and last sold on January 10, 2019 for $2,300,000. This house has 1 bedrooms, 1 bathrooms, roughly 720 living square feet, and sits on an approximately 11,761 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 497.4% higher than the current median priced home. 116 Morongo Ave was last sold on January 10, 2019 for $2,300,000. Local nearby listings include 1728 Arden Ave, 8393 Anthony St and 21432 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 116 Morongo Ave Banning, CA 92220 contact Ardent Real Estate Group and we will put you in touch with one of our Banning agents.

Public Facts for 116 Morongo Ave

Public county record property details

Beds: 1
Baths: 1
Year built: 1945
Sq. Ft.: 720
Lot Size: 11,761
Stories: 1

Type: Single Family Residential
Pool: No
Spa: No
County: Riverside
Lot#: 1
APN: 538-182-003

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