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48265 Twin Pines Road

48265 Twin Pines Road, Banning, CA 92220
Property in Riverside
Local assessors in Banning, CA have categorized 48265 Twin Pines Road as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 83,200 square feet. 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, 3 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 48265 Twin Pines Road has a total of 950 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. 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 316 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. The building has a roof that is made of gravel/rock. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Jun 9, 1998 for $100,000. That's $78.99 per sqft. 48265 Twin Pines Road was last assessed in 2023. The total value of the property was assessed at $150,654. Specifically, the land the property is located on was valued at $45,189. While improvements on the property were assessed at a total of $105,465. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,583. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 316
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 83,200
  • Total Building Area: 1,266
  • Gross Building Area: 1,266
  • Building Area: 950
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 950
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 1.91
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: 1.91 ACRES M/L IN POR NW 1/4 OF SEC 31 T3S R2E FOR TOTAL DESCRIPTION SEE ASSESSORS MAPS

Ownership

  • Current Owner : FORMANECK STEVEN P
  • Current Owner 2: WATSON FORMANECK DONNA
  • Previous Owner : JAMES DEFALCO JOHN
  • Previous Owner 2: JAMES JO DEFALCO
  • Ownership Rights Codes: Tenants in Common
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Banning Unified School District
  • Census Tract: 044405

Zoning

  • Zoning: RA212

Geography

  • Parcel: 529-050-030
  • Meridian: SEC 31 TWN 03S RNG 02E
  • Municipality: BANNING
  • Latitude: 33.8665
  • Longitude: -116.821

    Address

  • Full Address: 48265 Twin Pines Rd
  • Address - House Number: 48265
  • Address - Street Name: Twin Pines
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Banning
  • Carrier Code: H001
  • 4-Digit Zip Code: 9678
  • Zip Code: 92220

Valuation

    Tax

  • Total Area: 950
  • Tax Year: 2023
  • Tax Amount: $2,583
  • Tax Rate Code Area: 055-033

    Appraisal Valuation

  • Standard Deviation: 0.1826
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 505,759
  • High Value: 598,115
  • Low Value: 413,403

    Market Valuation

  • Market Total Value: $325,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,654
  • Assessed Land Value: $45,189
  • Assessed Improvements Value: $105,465

    Sales

  • Current Sale Contract Date: Jun 09, 1998
  • Current Sale Recording Date: Jul 31, 1998
  • Current Sale Transaction ID: 1041683420
  • Current Sale Price: $100,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 319401

    Last Sale Mortgage

  • First Mortgage Lender: JOHN JAMES DEFALCO
  • First Mortgage Transaction Date: Jul 31, 1998
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

About Riverside



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Frequently Asked Questions

What neighborhood is 48265 Twin Pines Road located in?
The 48265 Twin Pines Road is a located in the neighborhood of Riverside in Riverside, Banning.
What is the average sales price for listings in 48265 Twin Pines Road?
The average sales price for units in 48265 Twin Pines Road is $0 currently.

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