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481 Martin, Banning, CA 92220
$310K2bd · 2ba · 932 sqft
Lot 6,098 sqft•Single Family Residence•Active•15d on market•MLS# IV-26155856
481 Martin, Banning, CA 92220
MLS# IV-26155856•Residential•Single Family Residence
Active15 days on market
$309,900
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
$1,567.02
Principal & Interest
Loan Amount
$247,920
Total Interest
$316,208
Total Payment Over 30 Years
$564,128
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 · 5 active · 5 closed
481 Martin, Banning, CA 92220
Banning · Single Family Residence
$310K
Affordable TierBeds
2
Baths
2
Sqft
932
Lot
6,098 sqft
Year
1934
$/Sqft
$333
Pool: No✓
View: None✓
Listed 13.9% below the median closed sale of $360,000. Price per sqft ($333) is a 10% discount to closed comps ($371).
Price Position
Priced below the market — value advantage over the field.
Price advantage
Subject listed at $310K· $333/sqft
Total list price
Closed comps
vs closed median $360K
−$50K (−13.9%)
Active comps
vs active median $399K
−$89K (−22.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $459
−$126 (−27.4%)
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 910 George | Banning | 1959 | 2 | 2 | 930 | 8,276 | $479 | $445,900 | 103 | 87 |
| 339 ALESSANDRO Street | Banning | 1946 | 2 | 1 | 894 | 5,227 | $414 | $369,900 | 38 | 87 |
| 299 3rd St | Banning | 1920 | 2 | 2 | 854 | 3,049 | $467 | $399,000 | 143 | 87 |
| 3135 George | Banning | 1952 | 2 | 1 | 860 | 7,405 | $412 | $353,900 | 2 | 83 |
| 977 Hays | Banning | 1945 | 2 | 1 | 816 | 6,098 | $521 | $425,000 | 49 | 83 |
| Total: 5 · Average | 2.0 | 1.4 | 870.8 | 6,011 | $458.6 | $398,740 | 67 | |||
| Median | 860 | $399,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 376 Fay Street | Banning | 1940 | 09/10/2026 | 2 | 2 | 1,050 | 6,534 | $359,000 | $350,000 | $333 | 0.97 | 98 | 93 |
| 1951 San Gorgonio | Banning | 1924 | 10/05/2026 | 2 | 1 | 942 | 9,148 | $359,000 | $360,000 | $382 | 1.00 | 41 | 87 |
| 485 Nicolet Street | Banning | 1920 | 09/09/2026 | 2 | 1 | 976 | 7,841 | $375,000 | $375,000 | $384 | 1.00 | 32 | 85 |
| 1114 Cherry | Banning | 1955 | 08/13/2026 | 2 | 2 | 884 | 11,326 | $399,900 | $404,000 | $457 | 1.01 | 93 | 84 |
| 832 Almond | Banning | 1947 | 08/12/2026 | 2 | 1 | 841 | 6,970 | $279,999 | $250,000 | $297 | 0.89 | 25 | 84 |
| Total: 5 · Average | 2.0 | 1.4 | 938.6 | 8,363.8 | $347,800 | $347,800 | $370.6 | — | 57.8 | ||||
| Median | 942 | $360,000 | $360,000 | ||||||||||
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.