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1317 South Bay Hill Road

1317 South Bay Hill Road, Banning, CA 92220
Property in Riverside
Sold Feb 06, 2019
$297,500
$230,867 by Freedom Mortgage Corp
Mortgage Due Dec 01, 2051
Sold Apr 17, 1998
$150,000
$50,000 by Presley Mtg Company
Mortgage Due May 01, 2028
Local assessors in Banning, CA have categorized 1317 South Bay Hill Road as a residential type of property. The home was built in 1998 and is 26 years old. It was most recently renovated and altered in 1999. The property's lot size has been calculated to be 5,227 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, 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 1317 South Bay Hill Road has a total of 1,785 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 470 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. The building has a roof that is made of tile. 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. 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, 1317 South Bay Hill Road sold most recently in Jan 10, 2019 for a total of $297,500. If you work out the math, that's approximately a cost of $130.08 per sqft. Before that, the property was also sold for $150,000 in Mar 20, 1998. 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 $4,525 in taxes each year. 1317 South Bay Hill Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $318,978. If we break it down further, the land itself was valued at $64,331. Improvements to the property, however, were assessed at a total of $254,647. 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: 1998
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 470
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 2,287
  • Gross Building Area: 2,287
  • Building Area: 1,785
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,785
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 27756
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .12 ACRES M/L IN LOT 54 MB 262/019 TR 27756

Ownership

  • Current Owner : ZHENG XIAORONG
  • Current Owner 2: XU JAMES YIJIAN
  • Previous Owner : OBBAGY MOIRA J
  • Owner Before Previous Owner: PRESLEY HOMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Subdivision Tract Number: 27756
  • Parcel: 440-180-052
  • Lot: 54
  • Municipality: BANNING
  • Latitude: 33.9131
  • Longitude: -116.93

    Address

  • Full Address: 1317 S Bay Hill Rd
  • Address - House Number: 1317
  • Street Direction: S
  • Address - Street Name: Bay Hill
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Banning
  • Carrier Code: C014
  • 4-Digit Zip Code: 7101
  • Zip Code: 92220

Valuation

    Tax

  • Total Area: 1,785
  • Tax Year: 2023
  • Tax Amount: $4,525
  • Tax Rate Code Area: 001-054

    Appraisal Valuation

  • Standard Deviation: 0.2002
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 436,345
  • High Value: 523,707
  • Low Value: 348,984

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $230,867
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 12, 2021
  • First Open Lien Mortgage Loan Amount: $230,867
  • 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, 2051

    Market Valuation

  • Market Total Value: $345,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $318,978
  • Assessed Land Value: $64,331
  • Assessed Improvements Value: $254,647

    Sales

  • Current Sale Contract Date: Jan 10, 2019
  • Current Sale Recording Date: Feb 06, 2019
  • Current Sale Transaction ID: 11568915543
  • Current Sale Price: $297,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-0042104
  • Previous Sale Recording Date: Apr 17, 1998
  • Previous Sale Contract Date: Mar 20, 1998
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Mortgage Transaction Date: Feb 06, 2019
  • First Mortgage Loan Amount: $238,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: PRESLEY MTG COMPANY
  • Previous Mortgage Transaction Date: Apr 17, 1998
  • Previous Mortgage Loan Amount: $50,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2028

About Banning



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Frequently Asked Questions

What neighborhood is 1317 South Bay Hill Road located in?
The 1317 South Bay Hill Road is a located in the neighborhood of Riverside in Banning, Banning.
What is the average sales price for listings in 1317 South Bay Hill Road?
The average sales price for units in 1317 South Bay Hill Road is $0 currently.

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