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517 East George Street

517 East George Street, Banning, CA 92220
Property in Riverside
Sold Nov 25, 2020
$315,000
$236,000 by Golden Empire Mortgage Inc
Mortgage Due Dec 01, 2050
Sold Mar 23, 2018
Transfer
$171,703 by Franklin Loan Center
Mortgage Due Apr 01, 2048
Local assessors in Banning, CA have categorized 517 East George Street as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 15,246 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 517 East George Street has a total of 1,437 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 attached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. 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 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. The property was last sold in Sep 21, 2020 for $315,000. That's $154.64 per sqft. 517 East George Street was last assessed in 2023. The total value of the property was assessed at $327,725. Specifically, the land the property is located on was valued at $29,131. While improvements on the property were assessed at a total of $298,594. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,649. 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: 1950
  • Effective Year Built: 1950
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Multifamily
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 2,037
  • Gross Building Area: 2,037
  • Building Area: 1,437
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,437
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MAP OF PART OF BANNING COLONY LANDS
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: POR BLK 19 MB 005/186 MAP OF PART OF BANNING COLONY LANDS

Ownership

  • Current Owner : SALAS YOLANDA JOSEPHINE
  • Previous Owner : ORTIZ AMADO M
  • Owner Before Previous Owner: HERRERA BRENDA ORTIZ

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Parcel: 541-031-005
  • Block: 19
  • Lot: 19
  • Municipality: BANNING
  • Latitude: 33.9311
  • Longitude: -116.871

    Address

  • Full Address: 517 E George St
  • Address - House Number: 517
  • Street Direction: E
  • Address - Street Name: George
  • Address - Suffix Type: St
  • State: CA
  • City Name: Banning
  • Carrier Code: C006
  • 4-Digit Zip Code: 5617
  • Zip Code: 92220

Valuation

    Tax

  • Total Area: 997
  • Tax Year: 2023
  • Tax Amount: $4,649
  • Tax Rate Code Area: 001-020

    Appraisal Valuation

  • Standard Deviation: 0.1984
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 452,360
  • High Value: 542,140
  • Low Value: 362,580

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $236,000
  • First Open Lien Mortgage Lender: GOLDEN EMPIRE MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Nov 25, 2020
  • First Open Lien Mortgage Loan Amount: $236,000
  • 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: Dec 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $327,725
  • Assessed Land Value: $29,131
  • Assessed Improvements Value: $298,594

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Nov 25, 2020
  • Current Sale Transaction ID: 11805137985
  • Current Sale Price: $315,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0594866
  • Previous Sale Recording Date: Mar 23, 2018
  • Previous Sale Contract Date: Mar 05, 2018
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOLDEN EMPIRE MORTGAGE INC
  • First Mortgage Transaction Date: Nov 25, 2020
  • First Mortgage Loan Amount: $236,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN LOAN CENTER
  • Previous Mortgage Transaction Date: Mar 23, 2018
  • Previous Mortgage Loan Amount: $171,703
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2048

About Banning



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Frequently Asked Questions

What neighborhood is 517 East George Street located in?
The 517 East George Street is a located in the neighborhood of Riverside in Banning, Banning.
What is the average sales price for listings in 517 East George Street?
The average sales price for units in 517 East George Street is $0 currently.

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