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725 Valet Street

725 Valet Street, Banning, CA 92220
Property in Riverside
Sold Jan 22, 2010
$70,000
$68,732 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2040
Sold Jun 17, 2009
$75,000
Local assessors in Banning, CA have categorized 725 Valet Street as a residential type of property. The home was built in 1978 and is 46 years old. It was most recently renovated and altered in 1979. The property's lot size has been calculated to be 11,326 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 725 Valet Street has a total of 1,204 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 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 Oct 5, 2009 for $70,000. That's $39.80 per sqft. Prior to that sales transaction, the property was also sold in Jun 15, 2009 for $75,000. 725 Valet Street was last assessed in 2023. The total value of the property was assessed at $86,830. Specifically, the land the property is located on was valued at $17,361. While improvements on the property were assessed at a total of $69,469. 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 $1,279. 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. 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: 1978
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,759
  • Gross Building Area: 1,759
  • Building Area: 1,204
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,204
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 7433
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 20 MB 091/026 TR 7433

Ownership

  • Current Owner : SANCHEZ LIZETT
  • Previous Owner : U S BANK NATIONAL ASSOCIATION
  • Owner Before Previous Owner: MARTINEZ JUAN
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Banning Unified School District
  • Census Tract: 044300

Zoning

  • Zoning: RA

Geography

  • Subdivision Tract Number: 7433
  • Parcel: 540-261-020
  • Lot: 20
  • Municipality: BANNING
  • Latitude: 33.9193
  • Longitude: -116.885

    Address

  • Full Address: 725 Valet St
  • Address - House Number: 725
  • Address - Street Name: Valet
  • Address - Suffix Type: St
  • State: CA
  • City Name: Banning
  • Carrier Code: C011
  • 4-Digit Zip Code: 4917
  • Zip Code: 92220

Valuation

    Tax

  • Total Area: 1,204
  • Tax Year: 2023
  • Tax Amount: $1,279
  • Tax Rate Code Area: 001-020

    Appraisal Valuation

  • Standard Deviation: 0.1984
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 320,881
  • High Value: 384,567
  • Low Value: 257,196

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $68,732
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jan 22, 2010
  • First Open Lien Mortgage Loan Amount: $68,732
  • 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: Feb 01, 2040

    Market Valuation

  • Market Total Value: $235,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,830
  • Assessed Land Value: $17,361
  • Assessed Improvements Value: $69,469

    Sales

  • Current Sale Contract Date: Oct 05, 2009
  • Current Sale Recording Date: Jan 22, 2010
  • Current Sale Transaction ID: 1039608929
  • Current Sale Price: $70,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2010-0027568
  • Previous Sale Recording Date: Jun 17, 2009
  • Previous Sale Contract Date: Jun 15, 2009
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jan 22, 2010
  • First Mortgage Loan Amount: $68,732
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2040

About Banning



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 725 Valet Street located in?
The 725 Valet Street is a located in the neighborhood of Riverside in Banning, Banning.
What is the average sales price for listings in 725 Valet Street?
The average sales price for units in 725 Valet Street is $0 currently.

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