Check Availability

2514 West Nicolet Street

2514 West Nicolet Street, Banning, CA 92220
Property in Sylvan Acres
Sold Mar 31, 2020
$223,000
$218,960 by United Wholesale Mortgage
Mortgage Due Apr 01, 2050
Sold Sep 09, 2019
$135,000
$121,500 by Sound Equity Inc
Mortgage
Local assessors in Banning, CA have categorized 2514 West Nicolet Street as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 6,534 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 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 2514 West Nicolet Street has a total of 832 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 carport for those who need a place to park their vehicle. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. The building has a roof that is made of gravel/rock. Lots of wood siding were used in the construction of the exterior walls of the home. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2514 West Nicolet Street was last sold in Feb 28, 2020 for $223,000. According to our calculations, that's $218.41 per sqft. Prior to that sales transaction, the property was sold for $135,000 in Aug 23, 2019. Current property owners are expected to pay $3,245 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 2514 West Nicolet Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $234,410. To break that down further, the land itself was valued at $78,837. While improvements to the property were assessed at a total of $155,573. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Traditional
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,021
  • Gross Building Area: 1,021
  • Building Area: 832
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 832
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SYLVAN ACRES
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: POR LOT 1 BLK D MB 012/092 SYLVAN ACRES

Ownership

  • Current Owner : TOWER TIFFANY
  • Previous Owner : REAL ESTATE RECOVERY INC
  • Owner Before Previous Owner: TORO HOWARD A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Banning Unified School District
  • Census Tract: 044101

Zoning

  • Zoning: R1

Geography

  • Parcel: 538-122-005
  • Block: D
  • Lot: 1
  • Municipality: BANNING
  • Latitude: 33.9288
  • Longitude: -116.904

    Address

  • Full Address: 2514 W Nicolet St
  • Address - House Number: 2514
  • Street Direction: W
  • Address - Street Name: Nicolet
  • Address - Suffix Type: St
  • State: CA
  • City Name: Banning
  • Carrier Code: C007
  • 4-Digit Zip Code: 3931
  • Zip Code: 92220

Valuation

    Tax

  • Total Area: 832
  • Tax Year: 2023
  • Tax Amount: $3,245
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 001-000

    Appraisal Valuation

  • Standard Deviation: 0.1984
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 364,655
  • High Value: 437,028
  • Low Value: 292,282

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $230,044
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 31, 2020
  • First Open Lien Mortgage Loan Amount: $218,960
  • 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: Apr 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Mar 11, 2022
  • Second Open Lien Mortgage Loan Amount: $11,084
  • Second Open Lien Mortgage Term: 336
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $241,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,410
  • Assessed Land Value: $78,837
  • Assessed Improvements Value: $155,573

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2020
  • Current Sale Recording Date: Mar 31, 2020
  • Current Sale Transaction ID: 11753928759
  • Current Sale Price: $223,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0147456
  • Previous Sale Recording Date: Sep 09, 2019
  • Previous Sale Contract Date: Aug 23, 2019
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Mar 31, 2020
  • First Mortgage Loan Amount: $218,960
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: SOUND EQUITY INC
  • Previous Mortgage Transaction Date: Sep 09, 2019
  • Previous Mortgage Loan Amount: $121,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Sylvan Acres



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2514 West Nicolet Street located in?
The 2514 West Nicolet Street is a located in the neighborhood of Sylvan Acres in Sylvan Acres, Banning.
What is the average sales price for listings in 2514 West Nicolet Street?
The average sales price for units in 2514 West Nicolet Street is $0 currently.

Quantcast