508 Grove Ave Banning, CA 92220

$87,500 Sold Price as of 07/22/2003

3 Beds
2 Baths
1,168 Sq.Ft.

Off Market

$87,500 Sold Price as of 07/22/2003 Refinance Your Mortgage

Map preview of 508 Grove Ave, Banning, CA 92220

Property Overview: 508 Grove Ave Banning, CA has 3 bedrooms, 2 bathrooms, 1,168 living square feet and 6,098 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

508 Grove 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.

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Sale History for 508 Grove Ave

Last sold for $87,500 on July 22nd, 2003

July, 2003
Jul 22, 2003

Date

Sold (Public Records)

Public Records

$87,500

Price

Tax History for 508 Grove Ave

Assessed Value (2020): $113,736

Year	Land Value	Improved Value	Assessed Value
2020	$32,492	$81,244	$113,736

About 508 Grove Ave

Detailed summary of property

508 Grove Ave is a single family home in Banning, CA 92220 and last sold on July 22, 2003 for $87,500. This house has 3 bedrooms, 2 bathrooms, roughly 1,168 living square feet, and sits on an approximately 6,098 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 77.27% lower than the current median priced home. 508 Grove Ave was last sold on July 22, 2003 for $87,500. 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 508 Grove 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 508 Grove Ave

Public county record property details

Beds: 3
Baths: 2
Year built: 1954
Sq. Ft.: 1,168
Lot Size: 6,098
Stories: 1

Type: Single Family Residential
Pool: No
Spa: No
County: Riverside
Lot#: 2
APN: 538-092-004

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%)

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