tomo logo

$410,000

Beds
3
Baths
1.0
sq ft
1,008

625 E Theodore St, Banning, CA 92220

625 E Theodore St

Banning, CA 92220

  • 40 days on market
Welcome to this cozy home with 3 bedrooms and 1 bath, situated in a peaceful neighborhood on a spacious lot. The property features a fenced and gated front, offering a sense of security and privacy right from the entrance. Inside, you'll find practical modern amenities, including a recently installed air/heat system with individual remote controls for each room, ceiling fans, indoor laundry, and recessed lighting. The kitchen is also equipped with quartz countertops and newer appliances. Step outside to enjoy the views of the mountains and landscaping designed for minimal maintenance, thanks to the automatic drip system. The property's location is convenient, with major freeways nearby, providing easy access to Cabazon Outlets and Morongo Casino, both just a short 10-minute drive away. Additionally, Palm Springs is within a 20-25 minute drive, and the home is close to schools and parks. PROPERTY QUALIFIES FOR LOWER INTEREST THROUGH CONVENTIONAL FINANCING, THROUGH A SPECIAL LENDING PROGRAM.

Details

Property type

Single Family Residence

Est. home value

$388,349

Lot size

8,276 sq ft

Price per sq ft

$407

Year built

1945

HOA

No

Price History

11/01/2024
CRMLS

CRMLS #IG24201246

Listed
$410,000
10/17/2024
CRMLS

CRMLS #IG24201246

Removed
$410,000
09/27/2024
CRMLS

CRMLS #IG24201246

Listed
$410,000
+2.5%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

$56,286
Asking price
$410,000
Closing costs (~8% of asking)
-$32,800
Est. remaining loan balance
-$320,914
Cash to seller
$56,286

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

Seller’s Loan History

Lender

United Fidelity Funding Corp

Loan start date

May 2022

Original loan amount

$335,750

Est. remaining balance

$320,914

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Santiago Arciniega Llamas

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?

Status: Active

Tomo last checked: 11/05/2024 at 4:05 PM

Listing updated: 11/01/2024 at 10:50 AM

Listed by: JAMES KELLEY, KELLER WILLIAMS REALTY Phone #: (909) 793-2100

MLS: CRMLS #IG24201246

CRMLS logo

Recently listed in Banning

$355,000|2 bd|2.0 ba|Condo
$425,000|3 bd|1.75 ba|House
$580,000|3 bd|2.5 ba|House
$479,221|3 bd|2.5 ba|House
$490,978|3 bd|2.5 ba|House
$362,000|3 bd|2.0 ba|House
$1,149,600|4 bd|2.75 ba|House
$549,999|3 bd|1.0 ba|House
$147,999|2 bd|2.0 ba|Manufactured