Check Availability

158 East Indian School Lane

158 East Indian School Lane, Banning, CA 92220
Sold Mar 11, 2021
Transfer
$268,087 by Finance Of America Mortgage Ll
Mortgage Due Mar 01, 2051
Sold May 21, 2018
$253,000
$248,417 by Finance Of America Mortgage Ll
Mortgage Due Jun 01, 2048
158 East Indian School Lane in Banning, CA was first built in 1960 and is 64 years old. 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, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 158 East Indian School Lane has 1,296 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 9,148 square feet.

Learn more about the property and building on this page. The roof of the home is made of gravel/rock. 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 440 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $253,000 in Apr 11, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,954 in taxes each year. The initial year of tax delinquency occurred in 2021. 158 East Indian School Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $278,094. If we break it down further, the land itself was valued at $28,629. Improvements to the property, however, were assessed at a total of $249,465. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,736
  • Gross Building Area: 1,736
  • Building Area: 1,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,296
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BAILEYS SUB
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .21 ACRES IN POR LOTS 13 & 14 MB 012/063 BAILEYS SUB

Ownership

  • Current Owner : LUGO JUAN FRANCO
  • Current Owner 2: DE FRANCO ROSA
  • Previous Owner : LUGO JUAN FRANCO
  • Previous Owner 2: DE FRANCO ROSA
  • Owner Before Previous Owner: SANCHEZ MARCOS
  • Owner Before Previous Owner 2: SANCHEZ ANGELICA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Banning Unified School District
  • Census Tract: 044200

Zoning

  • Zoning: R1

Geography

  • Parcel: 534-131-023
  • Lot: 14
  • Municipality: BANNING
  • Latitude: 33.9396
  • Longitude: -116.875

    Address

  • Full Address: 158 E Indian School Ln
  • Address - House Number: 158
  • Street Direction: E
  • Address - Street Name: Indian School
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Banning
  • Carrier Code: C005
  • 4-Digit Zip Code: 2134
  • Zip Code: 92220

Valuation

    Tax

  • Total Area: 1,296
  • Tax Year: 2023
  • Tax Amount: $3,954
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 001-000

    Appraisal Valuation

  • Standard Deviation: 0.1984
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 435,849
  • High Value: 522,352
  • Low Value: 349,346

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $268,087
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Mar 11, 2021
  • First Open Lien Mortgage Loan Amount: $268,087
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $297,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $278,094
  • Assessed Land Value: $28,629
  • Assessed Improvements Value: $249,465

    Sales

  • Current Sale Contract Date: Feb 11, 2021
  • Current Sale Recording Date: Mar 11, 2021
  • Current Sale Transaction ID: 11825031881
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2021-0157705
  • Previous Sale Recording Date: May 21, 2018
  • Previous Sale Contract Date: Apr 11, 2018
  • Previous Sale Amount: $253,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Mar 11, 2021
  • First Mortgage Loan Amount: $268,087
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • Previous Mortgage Transaction Date: May 21, 2018
  • Previous Mortgage Loan Amount: $248,417
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2048

About San Gorgonio Heights



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 158 East Indian School Lane located in?
The 158 East Indian School Lane is a located in the neighborhood of San Gorgonio Heights in San Gorgonio Heights, Banning.
What is the average sales price for listings in 158 East Indian School Lane?
The average sales price for units in 158 East Indian School Lane is $0 currently.

Quantcast