1087 N 1st St, Banning, California 92220, Banning, 92220 - 3 bed, 2 bath
1087 N 1st St
Banning, California 92220
Property Price
SUMMARY
Analysis of 1087 N 1st St, Banning, California 92220 reveals a Fairly Priced Property with a current list price of $449,000 aligned with the estimated $438,500 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Banning Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1087 N 1st St Subject | $449,000* List Price | 3 | 2 | 1,233 | $356 | - |
A 651 W King Sold | $476,000 | 3 | 2 | 1,170 | $407 | 0.3 mi |
B 672 N 17th Sold | $449,000 | 3 | 2 | 1,293 | $347 | 1.0 mi |
C 1276 N Alessandro Sold | $450,000 | 3 | 2 | 1,486 | $303 | 0.3 mi |
D 740 Bennett Sold | $440,000 | 3 | 2 | 1,455 | $302 | 0.5 mi |
E 911 W George Street Sold | $435,000 | 3 | 2 | 1,101 | $395 | 0.5 mi |
F 230 E Hoffer Street Sold | $490,000 | 3 | 2 | 1,678 | $292 | 0.2 mi |
G 292 E George Active | $420,555 List Price | 3 | 1 | 1,170 | $359 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2014, this property is well within the 10-20 year age range for a 'good' rating. It is move-in ready with modern features including an open-concept layout, granite countertops, stainless steel appliances, and a wine refrigerator. The home has been meticulously maintained with recent updates like fresh paint and upgraded bathrooms, showing minimal wear and tear.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 1233.
- Modern Interior Upgrades
The home features high-end finishes including granite countertops, stainless steel appliances, and a built-in wine refrigerator, offering a premium move-in-ready experience.
- Expansive Lot Size
Situated on a generous 11,326 sq. ft. lot with low-maintenance turf, the property provides significant outdoor space for potential ADUs, pools, or recreational expansion.
CONSRISKS & DEFICIENCIES
- Compact Square Footage
At 1,233 sq. ft., the interior living space is relatively small for a three-bedroom home, which may feel restrictive for families requiring larger common areas.
- Market Location
Located in Banning, the property may face slower long-term appreciation and longer commute times to major employment hubs compared to more central Inland Empire cities.
About 1087 N 1st St
Beautifully upgraded single-story home offering 3 bedrooms and 2 bathrooms, thoughtfully designed with an open-concept floor plan perfect for modern living. The spacious kitchen features granite countertops, stainless steel appliances, and a built-in wine refrigerator, ideal for both everyday use and entertaining. Enjoy upgraded bathrooms, fresh paint, and a home that has been meticulously maintained throughout. Situated on an expansive 11,326 sq. ft. lot, the backyard features low-maintenance turf and ample outdoor space with endless possibilities. Don’t miss this incredible opportunity to own a move-in ready home with exceptional upgrades and a large lot!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2014
- Lot Size
- 11,326 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,233 | 1,683 | 15% |
| Lot Size | 11,326 | 6,098 | 87% |
| Price | $449.0K | $450.0K | 48% |
| Price per sq ft | $364 | $261 | 89% |
| Built year | 2014 | 1998 | 68% |
| HOA | $0 | $202 | 31% |
| Days on market | 11 | 199 | 0% |
Pricing History
Listed for Sale
Feb 24, 2026
$449,000
Initial Listing
Sold
Jul 6, 2020
$310,000
Public Record
Sold
Nov 5, 2019
$305,000
Public Record
Sold
Apr 29, 2016
$250,000
Public Record