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4963 West Olympic Avenue

4963 West Olympic Avenue, Banning, CA 92220
Property in Riverside
Sold Jun 25, 2019
$290,000
$91,125 by Jmj Financial Group
Mortgage Due Jul 01, 2049
4963 West Olympic Avenue in Banning, CA was first built in 1990 and is 34 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. 4963 West Olympic Avenue has 1,555 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 4,791 square feet.

Learn more about the property and building on this page. 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 489 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. 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, 4963 West Olympic Avenue sold most recently in Jun 6, 2019 for a total of $290,000. If you work out the math, that's approximately a cost of $134.01 per sqft. 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 $4,315 in taxes each year. The initial year of tax delinquency occurred in 2019. 4963 West Olympic Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $310,935. If we break it down further, the land itself was valued at $69,691. Improvements to the property, however, were assessed at a total of $241,244. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 489
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,791
  • Total Building Area: 2,164
  • Gross Building Area: 2,164
  • Building Area: 1,555
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,555
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 23695
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 127 MB 206/041 TR 23695

Ownership

  • Current Owner : MALM WILLIAM A
  • Previous Owner : RICHTER DALE KENNETH
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Subdivision Tract Number: 23695
  • Parcel: 440-123-009
  • Lot: 127
  • Municipality: BANNING
  • Latitude: 33.9146
  • Longitude: -116.932

    Address

  • Full Address: 4963 W Olympic Ave
  • Address - House Number: 4963
  • Street Direction: W
  • Address - Street Name: Olympic
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Banning
  • Carrier Code: C016
  • 4-Digit Zip Code: 5171
  • Zip Code: 92220

Valuation

    Tax

  • Total Area: 1,555
  • Tax Year: 2023
  • Tax Amount: $4,315
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 001-054

    Appraisal Valuation

  • Standard Deviation: 0.2002
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 417,198
  • High Value: 500,726
  • Low Value: 333,670

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $91,125
  • First Open Lien Mortgage Lender: JMJ FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: Jun 25, 2019
  • First Open Lien Mortgage Loan Amount: $91,125
  • 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: Jul 01, 2049

    Market Valuation

  • Market Total Value: $323,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $310,935
  • Assessed Land Value: $69,691
  • Assessed Improvements Value: $241,244

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 06, 2019
  • Current Sale Recording Date: Jun 25, 2019
  • Current Sale Transaction ID: 11617689419
  • Current Sale Price: $290,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-0230544

    Last Sale Mortgage

  • First Mortgage Lender: JMJ FINANCIAL GROUP
  • First Mortgage Transaction Date: Jun 25, 2019
  • First Mortgage Loan Amount: $91,125
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2049

About Banning



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Frequently Asked Questions

What neighborhood is 4963 West Olympic Avenue located in?
The 4963 West Olympic Avenue is a located in the neighborhood of Riverside in Banning, Banning.
What is the average sales price for listings in 4963 West Olympic Avenue?
The average sales price for units in 4963 West Olympic Avenue is $0 currently.

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