310 Santa Rita Place, Banning, California 92220, Banning, 92220 - 2 bed, 1 bath
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Banning, California 92220
This Modernized Character Home is a Strong Value Opportunity, listed at $395,000—positioned well below the $402,427 Fair Market Value by 2%. This valuation gap provides $7,427 in Instant Equity for the incoming owner. Boasting a Good Condition Rating, the interior features a fully remodeled kitchen with stone countertops and a modernized bathroom, while the massive 10,019 sqft lot offers significant ADU potential and scenic mountain views. Located within the Banning Unified School District, this property balances turnkey comfort with long-term appreciation. It is an ideal match for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 310 Santa Rita Place Subject | $395,000* List Price | 2 | 1 | 1,070 | $376 | - |
A 1420 N San Gorgonio Avenue Sold | $450,000 | 2 | 1 | 1,302 | $346 | 0.3 mi |
B 531 N Hargrave Sold | $375,000 | 2 | 1 | 901 | $416 | 0.9 mi |
C 1280 N Murray St Sold | $400,000 | 3 | 2 | 906 | $442 | 0.4 mi |
D 34 W Gilman Sold | $375,000 | 2 | 1 | 1,344 | $279 | 0.5 mi |
E 651 W King Sold | $476,000 | 3 | 2 | 1,170 | $407 | 0.8 mi |
F 625 E Theodore Street Sold | $408,000 | 3 | 1 | 1,008 | $405 | 0.3 mi |
G 292 E George Active | $389,555 List Price | 3 | 1 | 1,170 | $333 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features a high-quality interior renovation including a fully remodeled kitchen with white shaker cabinets, stone countertops, and stainless steel appliances, as well as a modernized bathroom with vessel sinks. While the interior is move-in ready with updated flooring and recessed lighting, the 1946 structure and the currently neglected exterior landscaping prevent it from achieving an 'excellent' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 1070.
The property features a fully remodeled kitchen and bathroom with contemporary finishes, offering a move-in-ready experience that blends modern comfort with classic charm.
Situated on a generous 10,019 sqft lot, there is significant space for outdoor entertaining, gardening, or potential future expansion such as an ADU or home addition.
With only one bathroom, the property may be less convenient for families or households that require more privacy and utility.
Originally built in 1946, the home's age may necessitate more frequent maintenance or inspections of older core systems compared to newer constructions.
Charming and move-in ready home in the City of Banning! This Beautifully updated 2-bedroom, 1-bath property features a fully remodeled kitchen and bathroom, offering modern finishes and comfort. Situated on a spacious 10,019 sqft lot, there's plenty of room for expansion, outdoor living, entertaining or family gatherings on a concrete patio. A must see opportunity with endless possibilities!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 37% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 1,070 | 1,683 | 9% |
| Lot Size | 10,019 | 6,286 | 83% |
| Price | $395.0K | $442.7K | 35% |
| Price per sq ft | $369 | $263 | 90% |
| Built year | 1946 | 1995 | 6% |
| HOA | $0 | $202 | 33% |
| Days on market | 21 | 197 | 0% |
Apr 1, 2026
$395,000
Initial Listing
Sep 7, 2022
$390,000
Public Record
Nov 24, 2021
$280,000
Public Record
Jul 25, 2018
$219,000
Public Record