517 E George St Banning, CA 92220

$315,000 Sold Price as of 11/25/2020

1 Beds
1 Baths
440 Sq.Ft.

Off Market

$315,000 Sold Price as of 11/25/2020 Refinance Your Mortgage

Property Overview: 517 E George St Banning, CA has 1 bedrooms, 1 bathrooms, 440 living square feet and 15,245 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

517 E George 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 $410,000. 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 $82,000 for the down payment and will need roughly $8,200 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 $20,250. 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 517 E George St

Last sold for $315,000 on November 25th, 2020

November, 2020
Nov 25, 2020

Date

Sold (Public Records)

Public Records

$315,000

Price
February, 2020
Feb 24, 2020

Date

Expired

CRMLS: EV19210377

$299,900

Price
Feb 18, 2020

Date

Active

CRMLS: EV19210377

$299,900

Price
Jan 31, 2020

Date

Pending

CRMLS: EV19210377

$299,900

Price
Jan 22, 2020

Date

Price Change

CRMLS: EV19210377

$299,900

Price
Jan 7, 2020

Date

Active

CRMLS: EV19210377

$315,000

Price
Dec 28, 2019

Date

Hold

CRMLS: EV19210377

$315,000

Price
Sep 8, 2019

Date

Active

CRMLS: EV19210377

$315,000

Price
Listing provided courtesy of CRMLS

***DUPLEX ALERT*** ***Generate Money*** Attention all interested buyers!!! Generate Income from one unit while living in another. 15,000+ sqft lot in a developing area in Banning! 1st unit offers 3 beds 2baths 2nd unit offers 2beds 1 bath and it includes a guest house in the back. 3 minutes away from the 10fwy and 5 min away from Morongo Resort. Great for first time home buyers or first time investment.

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March, 2018
Mar 23, 2018

Date

Sold

CRMLS: 18301506PS

$225,000

Price
Feb 7, 2018

Date

Pending

CRMLS: 18301506PS

$225,000

Price
Jan 11, 2018

Date

Active

CRMLS: 18301506PS

$225,000

Price
Listing provided courtesy of CRMLS

TAX ROLLS shows 3/2 (Front House original 2/1 and Guest House was 1/1) As-Is Property... May go Conventional but CASH will be best.... Investors or Buyers looking for Income Property. Live in one and Rent other 2 units in the rear. Buyer and Agent to do their due diligence. Front House has laminate floors, tile in hallway and bathrooms as well as kitchen. Must see and expand your creativity to make this property your MONEY MAKER...Per Seller Guest House structure has always been there since he purchased property.

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March, 2018
Mar 23, 2018

Date

Sold (Public Records)

Public Records

$225,000

Price
May, 2017
May 20, 2017

Date

Expired

CRMLS: 16181142PS

$225,000

Price
Nov 21, 2016

Date

Active

CRMLS: 16181142PS

$225,000

Price
Listing provided courtesy of CRMLS

Seller is MOTIVATED... AS-IS CONDITION. Looking for Investors or CONVENTIONAL Buyers, may not QUALIFY FHA... 2 Units on the 1 LOT... Front House on Tax Rolls is 2 and 1, property added study room that can be used as 3rd bedroom and bathroom added.... Back unit guesthouse but were converted into duplex: both units are 2 bedrooms and 1 bathroom. Tenants are LONG TERM tenants and would love to stay if possible. Owners live in front house and would love to rent back if possible. Buyer and Buyer's Agent to verify all square footage on property. .

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Tax History for 517 E George St

Assessed Value (2020): $234,090

Year	Land Value	Improved Value	Assessed Value
2020	$20,808	$213,282	$234,090

About 517 E George St

Detailed summary of property

517 E George St is categorized with a use code of Multi-Family Dwellings (Generic, Any Combination 2+) in Banning, CA 92220 and last sold on November 25, 2020 for $315,000. This property has 1 bedrooms, 1 bathrooms, roughly 440 living square feet, and sits on an approximately 15,245 square foot lot. Homes in Banning are selling for a median price of $405,000 and a median price per square foot of $256. Based on Ardent Real Estate Group's Banning Market Data, this home is sold 22.22% lower than the current median priced home. 517 E George St was last sold on November 25, 2020 for $315,000. The average home in Banning, CA is selling in 65 days. There are currently 112 homes for sale in the Banning real estate market and 104 of them are single family homes while 8 of them are condos and 0 are townhomes. If you are the homeowner and looking to sell the home at 517 E George 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 517 E George St

Public county record property details

Beds: 1
Baths: 1
Year built: 1950
Sq. Ft.: 440
Lot Size: 15,245
Stories: 1

Type: Multi-Family Dwellings (Generic, Any Combination 2+)
Pool: No
Spa: No
County: Riverside
Lot#: 19
APN: 541-031-005

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.

$286

Median Sold Price

$383,000

Median Sold Price/Sq.Ft.

$265

Total Inventory

119

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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