tomo logo

$345,000

Beds
2
Baths
1.0
sq ft
768

427 N 8th St, Banning, CA 92220

427 N 8th St

Banning, CA 92220

  • 15 days on market
    • Price drop $100,000↓
Great 2-bedroom 1 bath starter home, clean, recently painted inside and outside and ready for new owners. This home is in a good location, with easy access to 10 FWY, local Hospital, and other amenities. This house has a large living room adjacent to the dining area. New vinyl flooring throughout the house. There are plenty of windows, 2 security doors one on the front entrance and one on the rear entrance next to a covered service porch right off the kitchen/laundry room area with easy access to the backyard and patio area. Two good-sized bedrooms with window A/C units and a large backyard with RV Access and a chain-link fence all around the property. This property has great potential!!

Details

Property type

Single Family Residence

Est. home value

$302,583

Lot size

6,098 sq ft

Price per sq ft

$450

Year built

1947

HOA

No

Price History

11/18/2024
CRMLS

CRMLS #CV24231220

Price change
$345,000
-22.47%
11/09/2024
CRMLS

CRMLS #CV24231220

Listed
$445,000
+39.06%
02/08/2024
CRMLS

CRMLS #CV23145304

Removed
$320,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

High school district: 

Banning Unified

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

$212,459
Asking price
$345,000
Closing costs (~8% of asking)
-$27,600
Est. remaining loan balance
-$104,941
Cash to seller
$212,459

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

Seller’s Loan History

Lender

Paramount Equity Mortgage Llc

Loan start date

March 2015

Original loan amount

$133,218

Est. remaining balance

$104,941

Interest rate

3.59%

Loan type

FHA, 30 year

Seller

Carlito B Tagulao and Romelia R Tagulao

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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Status: Active

Tomo last checked: 11/24/2024 at 8:25 AM

Listing updated: 11/18/2024 at 6:39 PM

Listed by: Abel Coss, COSS REALTY & LOANS Phone #: (626) 260-2903

MLS: CRMLS #CV24231220

CRMLS logo

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