5050 W Hoffer St Banning, CA 92220

$--

4 Beds
1 Baths
1,704 Sq.Ft.

Off Market

Property Overview: 5050 W Hoffer St Banning, CA has 4 bedrooms, 1 bathrooms, 1,704 living square feet and 8,276 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5050 W Hoffer St 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 $399,999. The median price per/sqft for Banning is $285. 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 $80,000 for the down payment and will need roughly $8,000 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 $19,150. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 5050 W Hoffer St

View property's historical transactions

August, 2022
Aug 1, 2022

Date

Expired

CRMLS: CV22128477

$399,000

Price
Jun 14, 2022

Date

Active

CRMLS: CV22128477

$39,900

Price
Listing provided courtesy of CRMLS

FIXER OPPORTUNITY FOR EXPERIENCED INVESTORS OR CONTRACTORS. 2 STRUCTURES ON THE LOT. MAIN HOUSE IS 4 BD/2BA & ADU IS 1BD/1BA. PROPERTY SOLD IN “AS IS” CONDITION. NO REPAIRS WILL BE PERFORMED BY SELLER. PROPERTY WON'T QUALIFY FOR REGULAR FINANCING. HARDMONEY LOAN OR CASH PREFERABLY. PROPERTY LOCATED CLOSE TO I10 FWY IN A GOOD PART OF THE CITY. PRICE IS FIXED AND SUBJECT TO GO UP. SUBMIT YOUR BEST OFFER BEFORE ITS GONE.

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Tax History for 5050 W Hoffer St

Assessed Value (2020): $80,319

Year	Land Value	Improved Value	Assessed Value
2020	$6,710	$73,609	$80,319

About 5050 W Hoffer St

Detailed summary of property

5050 W Hoffer St is a single family home in Banning, CA 92220 and is currently off market. This house has 4 bedrooms, 1 bathrooms, roughly 1,704 living square feet, and sits on an approximately 8,276 square foot lot. Homes in Banning are selling for a median price of $383,000 and a median price per square foot of $265. The average home in Banning, CA is selling in 58 days. There are currently 123 homes for sale in the Banning real estate market and 113 of them are single family homes while 10 of them are condos and 0 are townhomes. If you are the homeowner and looking to sell the home at 5050 W Hoffer St Banning, CA 92220 contact Ardent Real Estate Group and we will put you in touch with one of our Banning agents.

Public Facts for 5050 W Hoffer St

Public county record property details

Beds: 4
Baths: 1
Year built: 1971
Sq. Ft.: 1,704
Lot Size: 8,276
Stories: 1

Type: Single Family Residential
Pool: No
Spa: No
County: Riverside
Lot#: 91
APN: 408-145-001

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

$399,900

Median List Price/Sq.Ft.

$285

Median Sold Price

$383,000

Median Sold Price/Sq.Ft.

$265

Total Inventory

122

Median Sale to List Price %

96.99%

Avg Days on Market

Loan Type

Conventional (30.3%), FHA (30.3%), VA (6.06%), Cash (21.21%), Other (9.09%)

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(714) 706-1823

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