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1324 Cypress Point Drive

1324 Cypress Point Drive, Banning, CA 92220
Property in Riverside
Sold Sep 16, 2021
$370,000
$290,000 by Home Point Financial Corporati
Mortgage Due Oct 01, 2051
Sold Feb 28, 1996
$142,000
1324 Cypress Point Drive has been categorized by the local assessors in Banning, CA as a residential type of property. The building on the property was first built in 1995 and is 29 years old. However, we must point out that the home was most recently renovated and altered in 1996. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1324 Cypress Point Drive has 1,849 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,534 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 463 sqft. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The roof of the building is made of tile. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Aug 11, 2021 for $370,000. That's $128.07 per sqft. Prior to that sales transaction, the property was also sold in Feb 20, 1996 for $142,000. 1324 Cypress Point Drive was last assessed in 2023. The total value of the property was assessed at $377,400. Specifically, the land the property is located on was valued at $51,000. While improvements on the property were assessed at a total of $326,400. 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 $5,340. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1995
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 463
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 2,889
  • Gross Building Area: 2,889
  • Building Area: 1,849
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,849
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 24730
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 38 MB 220/009 TR 24730

Ownership

  • Current Owner : CREIGHTON DORANCE
  • Current Owner 2: CREIGHTON TRACIE
  • Previous Owner : WELLAND DONALD A
  • Previous Owner 2: WEILAND MICHAEL J
  • Owner Before Previous Owner: PRESLEY HOMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Banning Unified School District
  • Census Tract: 043812

Geography

  • Subdivision Tract Number: 24730
  • Parcel: 440-030-038
  • Lot: 38
  • Municipality: BANNING
  • Latitude: 33.9139
  • Longitude: -116.946

    Address

  • Full Address: 1324 Cypress Point Dr
  • Address - House Number: 1324
  • Address - Street Name: Cypress Point
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Banning
  • Carrier Code: C019
  • 4-Digit Zip Code: 6600
  • Zip Code: 92220

Valuation

    Tax

  • Total Area: 1,849
  • Tax Year: 2023
  • Tax Amount: $5,340
  • Tax Rate Code Area: 001-054

    Appraisal Valuation

  • Standard Deviation: 0.1998
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 417,049
  • High Value: 500,397
  • Low Value: 333,700

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $290,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Sep 16, 2021
  • First Open Lien Mortgage Loan Amount: $290,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $325,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $377,400
  • Assessed Land Value: $51,000
  • Assessed Improvements Value: $326,400

    Sales

  • Current Sale Contract Date: Aug 11, 2021
  • Current Sale Recording Date: Sep 16, 2021
  • Current Sale Transaction ID: 11856737554
  • Current Sale Price: $370,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0553417
  • Previous Sale Recording Date: Feb 28, 1996
  • Previous Sale Contract Date: Feb 20, 1996
  • Previous Sale Amount: $142,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Sep 16, 2021
  • First Mortgage Loan Amount: $290,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Banning



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Frequently Asked Questions

What neighborhood is 1324 Cypress Point Drive located in?
The 1324 Cypress Point Drive is a located in the neighborhood of Riverside in Banning, Banning.
What is the average sales price for listings in 1324 Cypress Point Drive?
The average sales price for units in 1324 Cypress Point Drive is $0 currently.

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