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1294 Aspen Lane

1294 Aspen Lane, Banning, CA 92220
Property in Riverside
Sold Nov 29, 2021
$465,000
$441,750 by Paramount Residential Mortgage
Mortgage Due Dec 01, 2051
Sold Apr 08, 2008
$217,000
Buyer
$173,600 by First Horizon Home Loans
Mortgage Due May 01, 2038
1294 Aspen Lane in Banning, CA was first built in 2004 and is 20 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1294 Aspen Lane has 1,699 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,276 square feet.

Learn more about the property and building on this page. The roof of the home is made of tile. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 472 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Oct 18, 2021 for $465,000. That's $202.88 per sqft. Prior to that sales transaction, the property was also sold in Mar 18, 2008 for $217,000. 1294 Aspen Lane was last assessed in 2023. The total value of the property was assessed at $474,300. Specifically, the land the property is located on was valued at $35,700. While improvements on the property were assessed at a total of $438,600. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $6,808. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 472
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 2,292
  • Gross Building Area: 2,292
  • Building Area: 1,699
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,699
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT MAP NO 30222
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .19 ACRES M/L IN LOT 77 MB 343/007 TR 30222

Ownership

  • Current Owner : ALVAREZ JACOB
  • Current Owner 2: MORENO CECILIA
  • Previous Owner : CHHOR SUN
  • Previous Owner 2: CHHOR NGUON
  • Owner Before Previous Owner: LASALLE BANK NA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Banning Unified School District
  • Census Tract: 044103

Geography

  • Subdivision Tract Number: 30222
  • Parcel: 535-361-024
  • Lot: 77
  • Municipality: BANNING
  • Latitude: 33.937
  • Longitude: -116.915

    Address

  • Full Address: 1294 Aspen Ln
  • Address - House Number: 1294
  • Address - Street Name: Aspen
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Banning
  • Carrier Code: C013
  • 4-Digit Zip Code: 1454
  • Zip Code: 92220

Valuation

    Tax

  • Total Area: 1,699
  • Tax Year: 2023
  • Tax Amount: $6,808
  • Tax Rate Code Area: 001-013

    Appraisal Valuation

  • Standard Deviation: 0.1917
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 74
  • Final Value: 506,739
  • High Value: 603,921
  • Low Value: 409,558

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $441,750
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 29, 2021
  • First Open Lien Mortgage Loan Amount: $441,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $408,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $474,300
  • Assessed Land Value: $35,700
  • Assessed Improvements Value: $438,600

    Sales

  • Current Sale Contract Date: Oct 18, 2021
  • Current Sale Recording Date: Nov 29, 2021
  • Current Sale Transaction ID: 11870138888
  • Current Sale Price: $465,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0704301
  • Previous Sale Recording Date: Apr 08, 2008
  • Previous Sale Contract Date: Mar 18, 2008
  • Previous Sale Amount: $217,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Nov 29, 2021
  • First Mortgage Loan Amount: $441,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HORIZON HOME LOANS
  • Previous Mortgage Transaction Date: Apr 08, 2008
  • Previous Mortgage Loan Amount: $173,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2038

About Banning



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Nearby Rentals

Unit for rent at 3800 W Wilson Street, Banning, CA, 92220

$1,700 /mo

  • 2 Beds
  • 2 Baths
  • 1,248 ft²
3800 W Wilson Street #59, Banning, CA, 92220 Listing by SASHA WASHINGTON

Frequently Asked Questions

What neighborhood is 1294 Aspen Lane located in?
The 1294 Aspen Lane is a located in the neighborhood of Riverside in Banning, Banning.
What is the average sales price for listings in 1294 Aspen Lane?
The average sales price for units in 1294 Aspen Lane is $0 currently.

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