2356 W Hays Street, Banning, California 92220, Banning, 92220 - 2 bed, 1 bath
ACTIVE$395,000
2356 W Hays Street, Banning, California 92220
2Beds
1Bath
914Sqft
8,712Lot
Year Built
1947
Close
-
List price
$395K
Original List price
$449K
Price/Sqft
$432
HOA
-
Days on market
-
Sold On
-
MLS number
219127654DA
Home ConditionFair
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
Possibly Over-Priced:The estimated price is 48% below the list price. We found 3 Cons,6 Pros. Rank: price - $395.0K(31th), sqft - 914(5th), beds - 2(40th), baths - 1(8th).
Price reduction! Added three more pics. Important to note that this home has currently 4 bedrooms with a potential of a 5th bedroom. A great price for the amount of space! Great curb appeal, and location, close to shops and most importantly a safe street with owners who have been there for a long time. First time buyers, or investors opportunity knocks. Water heater less than a year old, stainless appliances and updated cooling/heating system. Don't miss this chance to own a home that has been meticulously cared for!
Condition Rating
Fair
The property, built in 1947, is an aged home that has received some recent updates, including a new water heater, updated cooling/heating system, and stainless steel range in the kitchen. The kitchen also features refreshed white cabinets and laminate countertops, and new laminate flooring is present throughout the living areas and bedrooms. However, the overall style remains dated, and the single bathroom for a potential 4-5 bedroom home is a significant functional limitation. While maintained, it has not undergone an extensive, high-quality renovation to meet modern standards, showing signs of being an older home with occasional updates rather than a comprehensive overhaul.
Pros & Cons
Pros
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 = 8712, living area = 914.
Flexible Living Space: The property offers 'currently 4 bedrooms with a potential of a 5th bedroom,' providing significant living space flexibility for its size.
Recent System Upgrades: Key systems have been recently updated, including a 'water heater less than a year old' and an 'updated cooling/heating system,' reducing immediate maintenance concerns for a buyer.
Desirable Location & Community: Boasts 'great curb appeal' and is located on a 'safe street with owners who have been there for a long time,' close to shops, enhancing lifestyle and stability.
Scenic Views: The property offers appealing 'Mountain(s)' views, adding to its aesthetic value and desirability.
Investment & Buyer Opportunity: A recent 'price reduction' from $449,000 to $395,000, coupled with 'stainless appliances,' positions it as an attractive opportunity for 'first time buyers, or investors.'
Cons
Limited Bathroom Facilities: With 4-5 potential bedrooms, the presence of only 1 bathroom is a significant functional limitation for families or multiple occupants.
Potential Overpricing: The listing price of $395,000 is significantly higher than the estimated property value of approximately $203,000 (estimation_ratio: -48), which could impact buyer interest and financing.
Compact Living Areas: Given 914 sqft for 4-5 bedrooms, individual room sizes are likely very small, potentially leading to cramped living conditions.