959 Rockcress Lane, Banning, California 92220, Banning, 92220 - 3 bed, 3 bath

959 Rockcress Lane, Banning, California 92220 home-pic-0
ACTIVE$399,800$1,787/sqft
Est. Value: $447,889
12%
BelowEstimate
959 Rockcress Lane, Banning, California 92220
3Beds
3Baths
1,787Sqft
4,356Lot

Price Vs. Estimate

The estimated value ($447,889.1) is $48,089.1 (12%) higher than the list price ($399,800). This property may be underpriced.

Key pros and cons

Top Pros:
New Construction & Modern Design: Built in 2023, this home features an open floorplan, a modern kitchen with quartz countertops, and contemporary systems like a tankless water heater and fire sprinkler system.
Top Cons:
Short Sale Transaction: The property is a short sale, which typically involves a prolonged closing process and potential complexities due to the requirement of seller and lender approvals.

Compared to the nearby listings

Price:$399.8K vs avg $456.0K ($-56,236)31%
Size:1,787 sqft vs avg 1,683 sqft59%
Price/sqft:$224 vs avg $26415%

More Insights

Built in 2023 (3 years old).
Condition: This property was built in 2023, making it new construction. The description explicitly states a 'modern kitchen with quartz countertops' and includes contemporary features like a tankless water heater, fire sprinkler system, and leased solar. The exterior image shows a pristine, newly built home with no signs of wear or deferred maintenance, indicating all components are new and meet current quality standards.
Year Built
2023
Close
-
List price
$400K
Original List price
$400K
Price/Sqft
$224
HOA
$235
Days on market
-
Sold On
-
MLS number
IV26003532
Home ConditionExcellent
Features
Good View: Hills, Mountain(s)
ViewHills, Mountain(s)

About this home

Welcome to this beautifully 3-bed, 2.5-bath home in the desirable Atwell Community in Banning. The open floorplan features a spacious great room, a modern kitchen with quartz countertops. All bedrooms are generously sized and located upstairs, including a lovely master suite. The home provides ample storage under the stairs, and a cozy family room fireplace. The 2-car attached garage provides a 220V outlet. Systems and amenities include a fire sprinkler system and tankless water heater. The property comes with a leased solar system (buyer to assume). Residents enjoy community benefits such as a pool, spa, playground, picnic area, and barbecue area. Conveniently located near schools, parks, and shopping. This home blends comfort, style, mountain views, and suburban convenience. Short sale – subject to seller and lender approval. Buyers and agents to verify all information pertaining to the property.

M
MARIA DIAZ
Listing Agent

Price History

Date
Event
Price
12/11/23
Sold
$410,500
Condition Rating
Excellent

This property was built in 2023, making it new construction. The description explicitly states a 'modern kitchen with quartz countertops' and includes contemporary features like a tankless water heater, fire sprinkler system, and leased solar. The exterior image shows a pristine, newly built home with no signs of wear or deferred maintenance, indicating all components are new and meet current quality standards.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2023, this home features an open floorplan, a modern kitchen with quartz countertops, and contemporary systems like a tankless water heater and fire sprinkler system.
Desirable Community Amenities: Residents benefit from access to a community pool, spa, playground, picnic area, and barbecue area, enhancing lifestyle and property appeal.
Scenic Mountain Views: The property offers attractive mountain views, adding to its aesthetic value and desirability for potential buyers.
Energy Efficient Features: Equipped with a leased solar system and a tankless water heater, promoting energy savings and potentially lower utility costs for the homeowner.
Convenient Location: Situated in the Atwell Community, the home is conveniently located near schools, parks, and shopping, offering excellent accessibility and suburban convenience.

Cons

Short Sale Transaction: The property is a short sale, which typically involves a prolonged closing process and potential complexities due to the requirement of seller and lender approvals.
Assumable Leased Solar System: Buyers are required to assume the existing lease for the solar system, representing an ongoing financial commitment that may be a consideration for some.
Monthly HOA Dues: A monthly association fee of $235 adds to the recurring costs of homeownership, which should be factored into a buyer's budget.
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