540 Morongo Ave Banning, CA 92220

$63,000 Sold Price as of 10/07/1993

2 Beds
1 Baths
912 Sq.Ft.

Off Market

$63,000 Sold Price as of 10/07/1993 Refinance Your Mortgage

Map preview of 540 Morongo Ave, Banning, CA 92220

Property Overview: 540 Morongo Ave Banning, CA has 2 bedrooms, 1 bathrooms, 912 living square feet and 5,662 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

540 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 $420,000. The median price per/sqft for Banning is $264. 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 $84,000 for the down payment and will need roughly $8,400 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 $18,750. 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 540 Morongo Ave

Last sold for $63,000 on October 7th, 1993

October, 1993
Oct 7, 1993

Date

Sold (Public Records)

Public Records

$63,000

Price

Tax History for 540 Morongo Ave

Assessed Value (2020): $85,982

Year	Land Value	Improved Value	Assessed Value
2020	$28,655	$57,327	$85,982

About 540 Morongo Ave

Detailed summary of property

540 Morongo Ave is a single family home in Banning, CA 92220 and last sold on October 7, 1993 for $63,000. This house has 2 bedrooms, 1 bathrooms, roughly 912 living square feet, and sits on an approximately 5,662 square foot lot. Homes in Banning are selling for a median price of $375,000 and a median price per square foot of $287. Based on Ardent Real Estate Group's Banning Market Data, this home is sold 83.2% lower than the current median priced home. 540 Morongo Ave was last sold on October 7, 1993 for $63,000. Local nearby listings include 4259 Quail Rd, 2483 Satsuma and 19939 Nipoma Court. The average home in Banning, CA is selling in 59 days. There are currently 138 homes for sale in the Banning real estate market and 128 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 540 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 540 Morongo Ave

Public county record property details

Beds: 2
Baths: 1
Year built: 1957
Sq. Ft.: 912
Lot Size: 5,662
Stories: 1

Type: Single Family Residential
Pool: No
Spa: No
County: Riverside
Lot#: 1,2
APN: 538-102-002

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

$420,000

Median List Price/Sq.Ft.

$264

Median Sold Price

$375,000

Median Sold Price/Sq.Ft.

$287

Total Inventory

143

Median Sale to List Price %

98.71%

Avg Days on Market

Loan Type

Conventional (31.03%), FHA (17.24%), VA (3.45%), Cash (37.93%), Other (6.9%)

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