831 W George Street, Banning, California 92220, Banning, 92220 - 2 bed, 1 bath
831 W George Street
Banning, California 92220
Property Price
SUMMARY
Analysis of 831 W George Street, Banning, California 92220 reveals a property with a current list price of $435,000, which is 6% above the estimated $409,406 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 |
|---|---|---|---|---|---|---|
★ 831 W George Street Subject | $435,000* List Price | 2 | 1 | 989 | $414 | - |
A 1131 W Nicolet Street Sold | $382,500 | 3 | 1 | 951 | $402 | 0.2 mi |
B 911 W George Street Sold | $435,000 | 3 | 2 | 1,101 | $395 | 0.0 mi |
C 73 W Gilman Street Sold | $405,000 | 3 | 1 | 972 | $417 | 0.6 mi |
D 2288 W Williams Street Sold | $400,000 | 2 | 1 | 924 | $433 | 1.0 mi |
E 1280 N Murray St Sold | $400,000 | 3 | 2 | 906 | $442 | 0.7 mi |
F 1137 W Williams Active | $420,000 List Price | 3 | 1 | 1,003 | $419 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and shows pride of ownership with significant recent upgrades to major systems, including a newer roof, windows, water heater, and insulation. While the home was built in 1951 and the kitchen and bathroom styles appear dated compared to modern new builds, the overall maintenance is excellent with no immediate repairs required. The combination of functional systems and a well-kept interior justifies a 'good' rating despite the vintage infrastructure.
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 = 7841, living area = 989.
- Recent Capital Improvements
The property features significant recent upgrades including a newer roof, windows, water heater, and enhanced insulation, which offer immediate value and long-term utility savings.
- Strategic Location
Situated in the heart of Banning, the home provides excellent accessibility with a fast commute to the freeway and close proximity to local schools, shopping, and dining.
CONSRISKS & DEFICIENCIES
- Limited Living Space
With under 1,000 square feet and a 2-bedroom, 1-bathroom configuration, the home may be restrictive for growing families or buyers requiring a second bathroom.
- Vintage Infrastructure
Built in 1951, the property's age may present challenges with original plumbing or electrical systems typical of mid-century construction despite recent surface upgrades.
About 831 W George Street
A beautiful home in the heart of Banning, short commute for work, schools, many stores and restaurants. Home has been shown love and owners are ready for next owners to keep taking care of the home. Owners replaced the water heater, have newer windows, replaced roof in 2024 and insulation has been replaced and added for utilities savings. No HOA fees. Synthetic grass and pavers in some areas installed in frontyard and backyard.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 7,841 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 | 989 | 1,683 | 8% |
| Lot Size | 7,841 | 6,098 | 74% |
| Price | $435.0K | $450.0K | 45% |
| Price per sq ft | $440 | $261 | 98% |
| Built year | 1951 | 1997 | 8% |
| HOA | $0 | $202 | 31% |
| Days on market | 6 | 199 | 0% |
Pricing History
Listed for Sale
Mar 1, 2026
$435,000
Initial Listing
Sold
Oct 31, 2008
$102,000
Public Record
Sold
Apr 19, 2006
$230,000
Public Record