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313 N 3rd St, Banning, California 92220, Banning, 92220 - 2 bed, 1 bath

313 N 3rd St, Banning, California 92220 home-pic-0
ACTIVE$299,900
313 N 3rd St, Banning, California 92220
2Beds
1Bath
677Sqft
5,227Lot
Year Built
1916
Close
-
List price
$300K
Original List price
$300K
Price/Sqft
$443
HOA
-
Days on market
-
Sold On
-
MLS number
IV25275274
Home ConditionGood
Features
Good View: Neighborhood
Patio
ViewNeighborhood

About this home

We found 4 Cons,5 Pros. Rank: price - $299.9K(5th), sqft - 677(2th), beds - 2(40th), baths - 1(8th).

Welcome to this beautifully updated and cozy 2-bedroom, 1-bath home in Banning, offering comfort, convenience, and great potential. Recent improvements include a newer roof, brand-new water heater, fresh interior paint, updated flooring, and a remodeled bathroom, making this home truly move-in ready. The fully fenced backyard is perfect for entertaining and features an outdoor fire pit, mature fruit trees (lemon, pomegranate, and guava), RV parking, and a large shed with plumbing and electrical—ideal for storage or possible rental use. Conveniently located near the I-10 freeway, shopping, churches, service stations, Casino Morongo, Desert Hills Premium Outlets, and the Coachella Valley, this property is a fantastic opportunity for first-time buyers.

Price History

Date
Event
Price
12/15/25
Listing
$299,900
05/18/23
Sold
$285,000
02/16/18
Sold
$130,000
02/20/09
Sold
$41,500
05/09/05
Sold
$135,000
09/11/02
Sold
$70,000
Condition Rating
Good
Despite being built in 1916, this property has undergone significant recent renovations, including a newer roof, brand-new water heater, fresh interior paint, updated flooring, and a remodeled bathroom, making it move-in ready. The kitchen features a newer stainless steel range, though the wood cabinets and laminate countertops are functional but not modern in style. The presence of a mini-split AC unit indicates updated cooling/heating. Overall, the property is well-maintained and requires no immediate renovations, aligning with a 'Good' condition score.
Pros & Cons

Pros

Extensive Recent Renovations: The property boasts significant recent updates including a newer roof, brand-new water heater, fresh interior paint, updated flooring, and a remodeled bathroom, ensuring a truly move-in ready condition.
Highly Functional & Amenity-Rich Backyard: Features a fully fenced backyard with an outdoor fire pit, mature fruit trees (lemon, pomegranate, guava), dedicated RV parking, and a large shed equipped with plumbing and electrical, offering versatility and entertainment options.
Strategic & Convenient Location: Positioned with excellent access to the I-10 freeway, major shopping centers, entertainment venues like Casino Morongo and Desert Hills Premium Outlets, and the Coachella Valley.
Potential for Auxiliary Use/Income: The equipped shed with plumbing and electrical presents a strong opportunity for additional storage, a workshop, or potential rental income, enhancing property value.
Ideal for First-Time Homebuyers: Explicitly described as a 'fantastic opportunity for first-time buyers' due to its updated condition, manageable size, and attractive features.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 677, other record living area = 626. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
Compact Living Space: With only 677 square feet, the interior living space is quite small, which may not suit buyers seeking more expansive accommodations or growing families.
Historic Property Age: Built in 1916, the home is over a century old. While recently updated, the age of the original structure could present long-term maintenance considerations or require specific insurance.
Single Bathroom Configuration: The property features only one bathroom, which can be a practical limitation for households with multiple occupants or when entertaining guests.

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