7 months on rocket

178 N 8th St, Banning, CA, 92220

$349,500

Home List Price

$4,150*

Closing Credit

2 Bedrooms
1 Full Bath
642 SqFt
$544/SqFt
House

Location

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178 N 8th St, Banning$349,500

Buyer Closing Credits

$4,150*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Site, On Street
Year Built1932
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewMountain(s)
MLS #EV24068128
Lot Size0.12 Acres
StatusActive

About 178 N 8th St

Investor special 2BR/1BA corner lot, zoned R3. Buyer to verify zoning/use. Recent updates to the kitchen, bathroom, flooring and roof; all subject to Buyer inspection. This is currently a rental property with 7 months remaining on the existing rental agreement. Conveniently located just a short drive from the I-10 Freeway in the San Gorgonio Pass, Banning is the fastest growing City in California with nearby shopping at the Desert Premium Outlets Cabazon and ample entertainment in the Coachella Valley. Great upside potential in rental income for investor-buyer!

Property Details

Property Features

Property Information:

  • Year Built: 1932
  • Stories: 1
  • Living Area: 642 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY
  • Office Phone: (909) 330-8123
  • Listing Agent: TERI ALVAREZ

Interior Features

Interior Information:

  • Interior: All Bedrooms Down
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s)

Parking Information:

  • Parking: On Site, On Street

Lot Features

Lot Information:

  • Lot: Corner Lot, Front Yard, Level, Near Public Transit, Rectangular Lot
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: I-10 Freeway exit 8th St turn Left. Property is on the Right hand side corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,500
  • Price Per SqFt: $544/SqFt

Tax Information:

  • Annual Amount: $637
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Banning, CA.

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Banning, CA

City

Med. Sold Price

$390K

Med. Price/SqFt

$271

Avg. Days On Market

32

# of Sold Homes

22

178 N 8th St vs Banning

223 DAYS ON ROCKET

+191 Days

$349,500

-$40.5K Less

$544/SqFt

+$272 More

KEY TAKEAWAY

This property is $40.5K less than the Median Sold Price and $272/SqFt more than other homes in Banning, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #EV24068128

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY
  • Office Phone: (909) 330-8123
  • Listing Agent: TERI ALVAREZ

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 3:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 20, 2009Home Sold
$35,000
May 04, 2006Home Sold
$210,000
Sep 29, 2005Home Sold
$190,000
Jul 28, 2004Home Sold
$95,000
Oct 16, 2003Home Sold
$49,000

Tax History

YEARPROP. TAXASSESSMENT
2021$637$41,624
2020$636$41,199
2018$622$39,601
2017$582$38,826

History based on county public records data.

Payment Calculator

$1,812

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,114

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-387988
3
/10

  • Central Elementary School

  • 295 N San Gorgonio Ave

  • 0.43 miles

  • Public District Grades KG-5

school-card-donut-387989
4
/10

  • Hemmerling Elementary School

  • 1928 W Nicolet St

  • 0.72 miles

  • Public District Grades KG-5

school-card-donut-387990
4
/10

  • Hoffer Elementary School

  • 1115 E Hoffer St

  • 1.26 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $15,541. Typical income of Banning, CA residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 178 N 8th St

What is the listing price of this property?

The listing price of 178 N 8th St property is $349,500.

What type of property is this?

The property 178 N 8th St is a house located in Banning, California, 92220.

Is this property for sale now?

Active Listing: 178 N 8th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $637 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 20, 2009 for $35,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 178 N 8th St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 178 N 8th St is 642 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 178 N 8th St is 1932.

Rocket Homes›California›Riverside County›Banning›92220›178 N 8th St

This home is located at 178 N 8th St in Banning, CA and zip code 92220. This 642 square foot home, which was built in 1932, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 06, 2024 and is currently priced at $349,500.

Banning, CA housing market in October 2024 saw over 3 listings sold above listed price, more than 6 sold at listed price and over 13 sold below. The number of homes for sale in Banning, CA decreased by 3.3% between September 2024 and October 2024. In October 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $390,000.

From Rocket Homes Real Estate and based on county public records data.

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