tomo logo

$375,000

Beds
3
Baths
2.0
sq ft
1,475

2723 Rainbow Ln, Banning, CA 92220

2723 Rainbow Ln

Banning, CA 92220

  • 11 days on market
Welcome to your new home in the desirable Senior Community of Serrano Del Vista in Banning, CA. No expense was spared when updating this beautiful home, from the custom shutters, to the new cabinets and granite counters, the stainless steal appliances, and faux wood tile floor. This 3 bedroom house boasts low taxes and a low HOA fee, making it an affordable option for those looking to settle down in a quiet and peaceful neighborhood, close to shopping and the I-10. But that's not all - when your not relaxing in your completely finished haven of a back yard you will have access to a plethora of amenities, including a clubhouse for social gatherings, a sparkling pool for cooling off on hot summer days, a state-of-the-art gym for staying active, a relaxing spa for unwinding after a long day, and even tennis courts for friendly competition. Don't miss out on the opportunity to live in this vibrant community where you can enjoy resort-like living without breaking the bank. Schedule a tour today and experience everything this charming house has to offer!

Details

Property type

Single Family Residence

Est. home value

$379,948

Lot size

4,792 sq ft

Price per sq ft

$255

Year built

2004

Monthly HOA fee

$140

Price History

11/13/2024
CRMLS

CRMLS #IV24231211

Listed
$375,000
+4.17%
09/01/2021
CRMLS

CRMLS #EV21154970

Sold
$360,000
+118.18%
11/25/2015
CRMLS

CRMLS #EV15108838

Sold
$165,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban, Sidewalks

High school district: 

Banning Unified

Senior community center: 

Yes

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$131,323
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$213,677
Cash to seller
$131,323

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Centennial Mortgage Corp

Loan start date

August 2021

Original loan amount

$230,000

Est. remaining balance

$213,677

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Eric Garcia and Angela Garcia

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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CRMLS
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Status: Active

Tomo last checked: 11/24/2024 at 6:10 AM

Listing updated: 11/14/2024 at 6:40 AM

Listed by: ELIZABETH MIFFLETON, TRUST PROPERTIES USA, INC Phone #: (951) 373-6335

MLS: CRMLS #IV24231211

CRMLS logo

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