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20 Lombardy Lane

20 Lombardy Lane, Banning, CA 92220
Property in Lazy Acres
Sold Mar 01, 2017
$325,000
$233,000 by Stearns Lending Llc
Mortgage Due Mar 01, 2047
Sold Nov 18, 2016
$180,000
20 Lombardy Lane in Banning, CA was first built in 1927 and is 97 years old. This has been categorized as a residential property type. There are a total of 4 floors. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 20 Lombardy Lane has 1,719 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 10,454 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. 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 288 sqft. There is one available parking space. 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 masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. 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. According to our sources, 20 Lombardy Lane sold most recently in Feb 2, 2017 for a total of $325,000. If you work out the math, that's approximately a cost of $113.40 per sqft. Before that, the property was also sold for $180,000 in Oct 19, 2016. 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 $5,226 in taxes each year. The initial year of tax delinquency occurred in 2017. 20 Lombardy Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $362,539. If we break it down further, the land itself was valued at $44,618. Improvements to the property, however, were assessed at a total of $317,921. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Tile
  • Floor Count: 4
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 2,866
  • Gross Building Area: 2,866
  • Building Area: 1,719
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,719
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAZY ACRES SUB 3
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 1 MB 011/052 LAZY ACRES SUB 3

Ownership

  • Current Owner : MORAN MATTHEW GABRIEL
  • Previous Owner : ALVIZO JAVIER
  • Owner Before Previous Owner: GADDIS KEVIN A
  • Owner Before Previous Owner 2: GADDIS LORA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Parcel: 534-061-001
  • Lot: 1
  • Municipality: BANNING
  • Latitude: 33.9432
  • Longitude: -116.877

    Address

  • Full Address: 20 Lombardy Ln
  • Address - House Number: 20
  • Address - Street Name: Lombardy
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Banning
  • Carrier Code: C005
  • 4-Digit Zip Code: 1912
  • Zip Code: 92220

Valuation

    Tax

  • Total Area: 1,971
  • Tax Year: 2023
  • Tax Amount: $5,226
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 001-000

    Appraisal Valuation

  • Standard Deviation: 0.2447
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 65
  • Final Value: 487,944
  • High Value: 607,391
  • Low Value: 368,496

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $233,000
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Mar 01, 2017
  • First Open Lien Mortgage Loan Amount: $233,000
  • 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: Mar 01, 2047

    Market Valuation

  • Market Total Value: $387,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $362,539
  • Assessed Land Value: $44,618
  • Assessed Improvements Value: $317,921

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 02, 2017
  • Current Sale Recording Date: Mar 01, 2017
  • Current Sale Transaction ID: 1984907892
  • Current Sale Price: $325,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017-0086280
  • Previous Sale Recording Date: Nov 18, 2016
  • Previous Sale Contract Date: Oct 19, 2016
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: STEARNS LENDING LLC
  • First Mortgage Transaction Date: Mar 01, 2017
  • First Mortgage Loan Amount: $233,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2047

About Lazy Acres



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 20 Lombardy Lane located in?
The 20 Lombardy Lane is a located in the neighborhood of Lazy Acres in Lazy Acres, Banning.
What is the average sales price for listings in 20 Lombardy Lane?
The average sales price for units in 20 Lombardy Lane is $0 currently.

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