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1425 Archer Avenue

1425 Archer Avenue, Banning, CA 92220
Property in Riverside
Sold May 05, 2023
$339,500
$339,500 by United Wholesale Mortgage Llc
Mortgage Due Jun 01, 2053
Sold Nov 04, 2020
$245,000
$196,000 by Aaa Capital Investment Inc
Mortgage Due Dec 01, 2050
Local assessors in Banning, CA have categorized 1425 Archer Avenue as a residential type of property. The home was built in 1995 and is 29 years old. It was most recently renovated and altered in 1996. The property's lot size has been calculated to be 1,742 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1425 Archer Avenue has a total of 1,261 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 547 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of tile. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1425 Archer Avenue sold most recently in Apr 24, 2023 for a total of $339,500. If you work out the math, that's approximately a cost of $182.92 per sqft. Before that, the property was also sold for $245,000 in Sep 14, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,627 in taxes each year. The initial year of tax delinquency occurred in 2017. 1425 Archer Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $254,898. If we break it down further, the land itself was valued at $36,414. Improvements to the property, however, were assessed at a total of $218,484. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can 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
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Condo
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 547
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,856
  • Gross Building Area: 1,856
  • Building Area: 1,261
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,261
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FAIRWAY VILLAS COMMUNITY ASSOCIATION
  • Land Acres: 0.04
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Right-of-way (not rail, road, or utility)
  • Legal Description 1: UNIT 129 CM 091/076 INT COM LOTS 10,11,14 & 18 OF MB 224/82 TR 26425

Ownership

  • Current Owner : BAEZ ESTEBAN M
  • Previous Owner : YUAN JACK
  • Previous Owner 2: YUAN -JACK
  • Owner Before Previous Owner: MOORE NINA JANE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Subdivision Tract Number: 26425
  • Parcel: 440-102-058
  • Municipality: BANNING
  • Latitude: 33.9129
  • Longitude: -116.937

    Address

  • Full Address: 1425 Archer Ave
  • Address - House Number: 1425
  • Address - Street Name: Archer
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Banning
  • Carrier Code: C016
  • 4-Digit Zip Code: 6476
  • Zip Code: 92220

Valuation

    Tax

  • Total Area: 1,261
  • Tax Year: 2023
  • Tax Amount: $3,627
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 001-054

    Appraisal Valuation

  • Standard Deviation: 0.2244
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 336,477
  • High Value: 412,011
  • Low Value: 260,943

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $339,500
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 05, 2023
  • First Open Lien Mortgage Loan Amount: $339,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $216,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $254,898
  • Assessed Land Value: $36,414
  • Assessed Improvements Value: $218,484

    Sales

  • Current Sale Contract Date: Apr 24, 2023
  • Current Sale Recording Date: May 05, 2023
  • Current Sale Transaction ID: 11906256413
  • Current Sale Price: $339,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 130236
  • Previous Sale Recording Date: Nov 04, 2020
  • Previous Sale Contract Date: Sep 14, 2020
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: May 05, 2023
  • First Mortgage Loan Amount: $339,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: AAA CAPITAL INVESTMENT INC
  • Previous Mortgage Transaction Date: Nov 04, 2020
  • Previous Mortgage Loan Amount: $196,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2050

About Banning



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Frequently Asked Questions

What neighborhood is 1425 Archer Avenue located in?
The 1425 Archer Avenue is a located in the neighborhood of Riverside in Banning, Banning.
What is the average sales price for listings in 1425 Archer Avenue?
The average sales price for units in 1425 Archer Avenue is $0 currently.

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