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481 Martin, Banning, CA 92220
$300K2bd · 2ba · 932 sqft
Lot 6,098 sqft•Single Family Residence•Active•34d on market•MLS# IV-26155856
481 Martin, Banning, CA 92220
MLS# IV-26155856•Residential•Single Family Residence
Active34 days on market
$299,900
2
Beds
2
Baths
932
Sq Ft
6,098
Lot Sq Ft
1934
Year Built
None
View
Property Description
2 Bedroom, 2 Bathroom home in need of repairs located on a small Cul-De-Sac street. Garage appears to have been converted to a studio with a small bath and kitchen area. Buyer to verify all information, permits, square footage. Property is being sold As-is.
Features & Amenities
FeeBuilt 1934
Property Details
Land Type
Fee
Year Built
1934
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Wall Furnace, Central
Cooling
Wall/Window Unit(s)
View
None
City
Banning
Zip Code
92220
County
Riverside
Mortgage Calculator
Current Rates
$
$
%
Monthly Payment
$1,516.46
Principal & Interest
Loan Amount
$239,920
Total Interest
$306,005
Total Payment Over 30 Years
$545,925
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.
Comparative Market Analysis
Affordable Tier · 3 active · 5 closed
481 Martin, Banning, CA 92220
Banning · Single Family Residence
$300K
Affordable TierBeds
2
Baths
2
Sqft
932
Lot
6,098 sqft
Year
1934
$/Sqft
$322
Pool: No✓
View: None✓
Listed in line with the median closed sale of $300,000. Price per sqft ($322) is a 27% discount to closed comps ($442).
Price Position
Aligned with the market — fair pricing for the comps.
At market
Subject listed at $300K· $322/sqft
Total list price
Closed comps
vs closed median $300K
−$100 (−0.0%)
Active comps
vs active median $315K
−$15K (−4.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $422
−$100 (−23.8%)
Active Properties (3)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 430 Martin Street | Banning | 1935 | 1 | 1 | 436 | 6,098 | $688 | $300,000 | 2 | 81 |
| 621 Theodore | Banning | 1945 | 3 | 1 | 784 | 6,534 | $402 | $315,000 | 61 | 80 |
| 683 Sunshine | Banning | 1990 | 3 | 3 | 1,882 | 4,792 | $177 | $333,000 | 90 | 39 |
| Total: 3 · Average | 2.3 | 1.7 | 1,034 | 5,808 | $422.333 | $316,000 | 51 | |||
| Median | 784 | $315,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 883 Hargrave | Banning | 1953 | 09/14/2026 | 2 | 1 | 863 | 10,019 | $275,000 | $260,000 | $301 | 0.94 | 39 | 80 |
| 457 NICOLET | Banning | 1915 | 05/26/2026 | 2 | 1 | 669 | 5,663 | $305,000 | $300,000 | $448 | 0.98 | 45 | 79 |
| 1081 San Gorgonio Avenue | Banning | 1963 | 10/16/2026 | 2 | 1 | 816 | 7,405 | $269,995 | $272,500 | $334 | 1.01 | 192 | 78 |
| 1058 Hermosa | Banning | 1932 | 09/22/2026 | 2 | 1 | 500 | 9,148 | $338,950 | $339,000 | $678 | 1.00 | 81 | 77 |
| 313 3rd St | Banning | 1916 | 01/30/2026 | 2 | 1 | 677 | 5,227 | $299,900 | $305,000 | $451 | 1.02 | 46 | 76 |
| Total: 5 · Average | 2.0 | 1.0 | 705 | 7,492.4 | $295,300 | $295,300 | $442.4 | — | 80.6 | ||||
| Median | 677 | $300,000 | $300,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
AI-generated CMA
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.