23 days on rocket

559 N 5th St, Banning, CA, 92220

$475,000

Home List Price

$5,641*

Closing Credit

3 Bedrooms
2 Full Baths
912 SqFt
$521/SqFt
House
Schools Nearby

Location

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559 N 5th St, Banning$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Driveway, On Street
Year Built1952
HeatingCentral
CoolingCentral Air, Wall/Window Unit(s)
FireplaceNone
ViewMountain(s)
MLS #EV24067913
Lot Size0.19 Acres
StatusActive

About 559 N 5th St

Investor special 2BR/1BA with a 3rd BR/1BA addition not shown on Title, zoned R3 - Buyer to verify zoning/use. Newer kitchen and flooring, all subject to Buyer inspection. This is currently a rental property with month-to-month tenants. Conveniently located just a short drive from the I-10 Freeway in the San Gorgonio Pass, Banning is the fastest growing City in California with nearby shopping at the Desert Premium Outlets Cabazon and ample entertainment in the Coachella Valley. A close distance to Banning Aquatic Center. Great upside potential in rental income for investor-buyer!

Property Details

Property Features

Property Information:

  • Year Built: 1952
  • Stories: 1
  • Living Area: 912 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY
  • Office Phone: (909) 330-8123
  • Listing Agent: TERI ALVAREZ

Interior Features

Interior Information:

  • Interior: All Bedrooms Down
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s)

Parking Information:

  • Parking: Concrete, Driveway, On Street

Lot Features

Lot Information:

  • Lot: Level, Rectangular Lot
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: I-10 Freeway Exit 8th Street Left going North, Turn Right onto George St and Right onto 5th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $521/SqFt

Tax Information:

  • Annual Amount: $959
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$375K

Med. Price/SqFt

$261

Avg. Days On Market

34

# of Sold Homes

32

559 N 5th St vs Banning

23 DAYS ON ROCKET

-11 Days

$475,000

+$100K More

$521/SqFt

+$259 More

KEY TAKEAWAY

This property is $100K more than the Median Sold Price and $259/SqFt more than other homes in Banning, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #EV24067913

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY
  • Office Phone: (909) 330-8123
  • Listing Agent: TERI ALVAREZ

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: 4/29/2024, 3:25:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 21, 2008Home Sold
$54,500
Aug 10, 2005Home Sold
$225,000
May 09, 2005Home Sold
$159,000
Apr 26, 2000Home Sold
$69,500
Dec 07, 1999Home Sold
$40,000
Aug 01, 1989Home Sold
$65,000
Mar 01, 1989Home Sold
$43,000

Tax History

YEARPROP. TAXASSESSMENT
2021$959$64,822
2020$959$64,159
2018$937$61,669
2017$878$60,461

History based on county public records data.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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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-3191859
3
/10
  • Central Elementary School

  • 295 N San Gorgonio Ave

  • 0.36 miles

  • Public District Grades KG-5

school-card-donut-3191860
3
/10
  • Hemmerling Elementary School

  • 1928 W Nicolet St

  • 0.89 miles

  • Public District Grades KG-5

school-card-donut-3191861
3
/10
  • Hoffer Elementary School

  • 1115 E Hoffer St

  • 1.07 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,096. Residents of Banning, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 559 N 5th St

What is the listing price of this property?

The listing price of 559 N 5th St property is $475,000.

What type of property is this?

The property 559 N 5th St is a house located in Banning, California, 92220.

Is this property for sale now?

Active Listing: 559 N 5th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $959 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 21, 2008 for $54,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 559 N 5th St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 559 N 5th St is 912 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 559 N 5th St is 1952.

Rocket HomesCaliforniaRiverside CountyBanning92220559 N 5th St

This home is located at 559 N 5th St in Banning, CA and zip code 92220. This 912 square foot home, which was built in 1952, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $475,000.

While more than 12 listings in Banning, CA in March 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 12 were sold below. In March 2024 in Banning, CA there were 3% more homes for sale than in February 2024. In March 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $375,000.

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

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