3 months on rocket

314 N 8th St, Banning, CA, 92220

$849,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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314 N 8th St, Banning$849,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
Garage2 spaces
Year Built1936
HeatingCentral
CoolingCentral Air
FireplaceNone
MLS #EV24159817
Lot Size0.24 Acres
StatusActive

About 314 N 8th St

Welcome to this newly renovated duplex - 1) 4Bed 2 Bath , 1) 2Bed 2Bath- in the heart of Banning. Both units have a tankless water heater , central air and heat , laminate flooring throughout , recess lighting throughout , new kitchen counter tops , new stove, laundry in each unit + Bonus: garage /storage could be converted to a 3rd unit. One address but separate electrical , water and gas meters. Currently generates $5,200 in rental income and potential to maximize with the additional unit. Seller financing available!!!

Property Details

Property Features

Property Information:

  • Year Built: 1936
  • Stories: 1

Listing Office:

  • Office Name: PONCE & PONCE REALTY, INC
  • Office Phone: (323) 774-4481
  • Listing Agent: MINERVA RODAS

Interior Features

Interior Information:

  • Appliances: Stove, Tankless Water Heater
  • Flooring Type: Laminate
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: along 8th Street , between Williams and Nicolet

Price Information

Listing Price Info

Price Summary:

  • List Price: $849,000

Tax Information:

  • Annual Amount: $1,443
  • 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

314 N 8th St vs Banning

104 DAYS ON ROCKET

+72 Days

$849,000

+$459K More

KEY TAKEAWAY

This property is $459K more than the Median Sold Price in Banning, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #EV24159817

Listing Office:

  • Office Name: PONCE & PONCE REALTY, INC
  • Office Phone: (323) 774-4481
  • Listing Agent: MINERVA RODAS

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, 12:20:51 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

Jun 07, 1996Home Sold
$32,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,443$99,726
2020$1,442$98,704
2018$1,411$94,873
2017$1,321$93,014

History based on county public records data.

Payment Calculator

$4,305

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,612

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NMLS#3030

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-360903
3
/10

  • Central Elementary School

  • 295 N San Gorgonio Ave

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-360904
4
/10

  • Hemmerling Elementary School

  • 1928 W Nicolet St

  • 0.71 miles

  • Public District Grades KG-5

school-card-donut-360905
4
/10

  • Hoffer Elementary School

  • 1115 E Hoffer St

  • 1.23 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. The most common annual income of people living in Banning, CA is less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Riverside County›Banning›92220›314 N 8th St

This home is located at 314 N 8th St in Banning, CA and zip code 92220. This home, which was built in 1936, sits on a 0.24 acre lot. It has been listed on Rocket Homes since August 03, 2024 and is currently priced at $849,000.

In October 2024 more than 3 listings in Banning, CA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 13 were sold below. The number of homes for sale in Banning, CA decreased by 3.3% between September 2024 and October 2024. In October 2024 median list price was $390,000 and the average listing age was 32 days.

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

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