531 N Hargrave, Banning, California 92220, Banning, 92220 - 2 bed, 1 bath
531 N Hargrave
Banning, California 92220
Property Price
SUMMARY
Analysis of 531 N Hargrave, Banning, California 92220 reveals a Fairly Priced Property with a current list price of $369,000 aligned with the estimated $369,400 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 531 N Hargrave Subject | $369,000* List Price | 2 | 1 | 901 | $410 | - |
A 625 E Theodore Street Sold | $408,000 | 3 | 1 | 1,008 | $405 | 0.6 mi |
B 73 W Gilman Street Sold | $405,000 | 3 | 1 | 972 | $417 | 0.7 mi |
C 1524 N Alessandro Street Sold | $440,000 | 4 | 1 | 949 | $464 | 0.7 mi |
D 1282 N Phillips Sold | $369,000 | 3 | 1 | 924 | $399 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1953, this property has undergone extensive recent renovations, including a brand new roof, new waterproof laminate flooring, fresh paint inside and out, and new recessed lighting. The kitchen features contemporary cabinetry, new quartz countertops, and new fixtures. The bathroom is completely new with a modern tub/shower, vanity, and fixtures. All visible components appear new or virtually new, meeting current quality standards, making it move-in ready with no deferred maintenance.
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 = 8276, living area = 901.
- Extensive Recent Renovations
The home has undergone significant modern renovations, including a brand new roof, new waterproof laminate flooring, recessed lighting, and fresh paint inside and out, minimizing immediate maintenance needs for a new owner.
- Modernized Kitchen & Bathroom
Both the kitchen and bathroom have been fully renovated with contemporary cabinetry, new quartz stone counters, new appliances/fixtures in the kitchen, and a custom bathroom with new vanity, toilet, and all new plumbing and light fixtures.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-05-02. The sold price is $106,000.00.
- Limited Bedrooms & Bathrooms
The property offers only 2 bedrooms and 1 bathroom, which may not accommodate larger households or those desiring additional private or guest space.
- Compact Interior Living Space
With 901 sqft, the interior living area is relatively small, potentially limiting flexibility for furniture arrangement and overall living comfort.
About 531 N Hargrave
Charming 2 BR 1 BA single story home w/ detached 2 car garage on a Huge lot located in the city of Banning. This home has been beautifully remodeled & is perfect blend of modern finishes & endless potential. Brand New Roof. Some of the other Upgrades include New Waterproof Laminate Flooring throughout, New recessed lighting, fresh paint inside & out. The kitchen has been renovated w/ contemporary cabinetry, new quarts stone counters, new garbage disposal, new pull out faucet. New custom bathroom w/ bathtub & shower, new vanity, new toilet & all new plumbing & light fixtures. Nice sized bedrooms with sliding mirror closet doors. Central AC, Laundry located inside. Perfect FHA home Must See
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | 2.0 | 3.0 | 36% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 901 | 1,683 | 4% |
| Lot Size | 8,276 | 6,098 | 76% |
| Price | $369.0K | $450.0K | 21% |
| Price per sq ft | $410 | $261 | 95% |
| Built year | 1953 | 1997 | 9% |
| HOA | $0 | $202 | 31% |
| Days on market | 41 | 199 | 0% |
Pricing History
Listed for Sale
Jan 25, 2026
$369,000
Initial Listing
Sold
May 2, 2025
$106,000
Public Record
Sold
Sep 12, 2008
$97,000
Public Record
Sold
May 17, 2004
$115,000
Public Record