8 months on rocket

Backup Offers

231 E Nicolet St, Banning, CA, 92220

$447,000

Home List Price

$5,308*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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231 E Nicolet St, Banning$447,000

Buyer Closing Credits

$5,308*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingAssigned
Garage4 spaces
Year Built1951
HeatingFloor Furnace
CoolingWall/Window Unit(s)
FireplaceNone
MLS #TR23160138
Lot Size0.19 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 231 E Nicolet St

New Roof, new painted all outside, and new fascia just installed a few weeks ago. All previous roof layers were removed. Investor's Opportunity, three units 1 bedroom 1 bathroom each one, with great potential to add more bedrooms on this 8,276 SF lot. One unit has been renovated recently, good tenants on a month to month contract, low rent. Each unit has their own Gas and Electric meter. Some of the units may need upgrades and cosmetic repairs. THESE UNITS ARE LOCATED ON THE OPPOSITE SIDE OF THE DRIVEWAY the other side is also for sale on its own price.

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Stories: 1

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (909) 319-2293
  • Listing Agent: Raul Lozano

Interior Features

Interior Information:

  • Interior: All Bedrooms Down
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Assigned

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: North of 10 Freeway corner of E Nicolet and N Alessandro St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $447,000

Tax Information:

  • Annual Amount: $1,630
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Banning, CA.

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Banning, CA

City

Med. Sold Price

$375K

Med. Price/SqFt

$261

Avg. Days On Market

34

# of Sold Homes

32

231 E Nicolet St vs Banning

245 DAYS ON ROCKET

+211 Days

$447,000

+$72K More

KEY TAKEAWAY

This property is $72K more than the Median Sold Price in Banning, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #TR23160138

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (909) 319-2293
  • Listing Agent: Raul Lozano

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 6:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 05, 2002Home Sold
$175,000
Oct 01, 1989Home Sold
$85,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,630$113,237
2020$1,630$112,077
2018$1,594$107,727
2017$1,492$105,616

History based on county public records data.

Payment Calculator

$2,298

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,407

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1970784
3
/10

  • Central Elementary School

  • 295 N San Gorgonio Ave

  • 0.18 miles

  • Public District Grades KG-5

school-card-donut-1970785
3
/10

  • Hoffer Elementary School

  • 1115 E Hoffer St

  • 0.66 miles

  • Public District Grades KG-5

school-card-donut-1970786
3
/10

  • Hemmerling Elementary School

  • 1928 W Nicolet St

  • 1.36 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,714. The most common annual income of people living in Banning, CA is less than $35k. Most families are single, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Riverside County›Banning›92220›231 E Nicolet St

This home is located at 231 E Nicolet St in Banning, CA and zip code 92220. This home, which was built in 1951, sits on a 0.19 acre lot. It has been listed on Rocket Homes since August 26, 2023 and is currently priced at $447,000.

In March 2024 more than 12 listings in Banning, CA were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 12 were sold below. The number of listings in Banning, CA increased by 3% between February 2024 and March 2024. In March 2024 median list price was $375,000 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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