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294 Cherry St

Banning, CA 92220

5 bd 1,884 sqft Built 1959 Lot 6,534 sqft multi_family
Most recent sale
$432,000
Jul 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 18, 2022 Sold $432,000 MLS #CV22065307
Apr 28, 2022 Price changed $399,900 MLS #CV22065307
Apr 1, 2022 Listed $349,900 MLS #CV22065307
Mar 30, 2022 Sold $290,000 Public Record
Jul 9, 2011 Listing removed $150,000 CRMLS
Jun 15, 2011 Listed $150,000 MLS #I11076229

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $347,482 $101,969 $449,451 $6,234
2024 $347,482 $101,969 $449,451 $6,111
2023 $333,990 $98,010 $432,000 $6,107
2022 $90,539 $24,140 $114,679 $1,567
2021 $88,764 $23,667 $112,431 $1,536
2020 $87,854 $23,425 $111,279 $1,521
2019 $86,132 $22,966 $109,098 $1,495
2018 $84,444 $22,516 $106,960 $1,483
2017 $82,789 $22,075 $104,864 $1,457
2016 $81,166 $21,643 $102,809 $1,384
2015 $79,948 $21,319 $101,267 $1,363
2014 $78,383 $20,902 $99,285 $1,352
2013 $78,030 $20,808 $98,838 $1,354
2012 $76,500 $20,400 $96,900 $1,313
2010 $24,551 $2,252 $26,803 $414
2009 $24,610 $2,258 $26,868 $417
2008 $24,128 $2,214 $26,342 $388
2007 $23,655 $2,171 $25,826 $379

Property facts

Year built
1959
Property type
multi_family
Stories
1
Beds
5
Baths
Living area
1,884 sqft
Lot size
6,534 sqft
ZIP code
92220
City
Banning
Street
Cherry St
Coordinates
33.92803, -116.86291

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,592
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 294 Cherry St last sell?
294 Cherry St most recently sold on Jul 18, 2022 for $432,000.
What is the current tax assessment for 294 Cherry St?
The most recent total assessment for 294 Cherry St (year 2025) is $449,451 with $6,234 in property tax.
How does 294 Cherry St's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $432,000.
When was 294 Cherry St built?
294 Cherry St was built in 1959.
How does 294 Cherry St compare to others on Cherry St?
We track 8 other properties on Cherry St. Browse the list under "Other properties on Cherry St" to compare beds, baths, and sale history.
What are the property facts for 294 Cherry St?
294 Cherry St is a 5 bed, 1,884 sqft, 6,534 sqft lot multi_family.
Is 294 Cherry St a flip candidate?
Yes — 294 Cherry St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 294 Cherry St a tax-appeal candidate?
No — 294 Cherry St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.4%
Implied 1-yr
-1.7%
2026 Q3
$345.3K
2026 Q4
$343.8K
ZIP 92220 — Median Price History + Forecast

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