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721 Hoffer St

Banning, CA 92220

3 bd 3 ba 1,700 sqft Built 1948 Lot 13,504 sqft single_family
Most recent sale
$470,000
Apr 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 14, 2022 Sold $470,000 MLS #IG22045388
Mar 16, 2022 Price changed $470,000 MLS #IG22045388
Mar 11, 2022 Listed $430,000 MLS #IG22045388

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $419,177 $79,590 $498,767 $6,815
2024 $419,177 $79,590 $498,767 $6,679
2023 $402,900 $76,500 $479,400 $6,770
2022 $76,930 $17,749 $94,679 $1,386
2021 $75,422 $17,401 $92,823 $1,360
2020 $74,649 $17,223 $91,872 $1,347
2019 $73,186 $16,886 $90,072 $1,327
2018 $71,751 $16,555 $88,306 $1,317
2017 $70,345 $16,231 $86,576 $1,295
2016 $68,966 $15,913 $84,879 $1,233
2015 $67,931 $15,675 $83,606 $1,216
2014 $66,601 $15,369 $81,970 $1,208
2013 $66,300 $15,300 $81,600 $1,209
2012 $35,278 $6,179 $41,457 $536
2010 $34,330 $6,013 $40,343 $504
2009 $34,412 $6,028 $40,440 $507
2008 $33,738 $5,910 $39,648 $470
2007 $33,077 $5,795 $38,872 $457

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,700 sqft
Lot size
13,504 sqft
ZIP code
92220
City
Banning
Street
Hoffer St
Coordinates
33.93469, -116.88455

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,440
Gross rental yield
13.89%
Implied cap rate
9.03%
Trend-extrapolated value

Frequently asked questions

When did 721 Hoffer St last sell?
721 Hoffer St most recently sold on Apr 14, 2022 for $470,000.
What is the current tax assessment for 721 Hoffer St?
The most recent total assessment for 721 Hoffer St (year 2025) is $498,767 with $6,815 in property tax.
How does 721 Hoffer St's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $470,000.
When was 721 Hoffer St built?
721 Hoffer St was built in 1948.
How does 721 Hoffer St compare to others on Hoffer St?
We track 8 other properties on Hoffer St. Browse the list under "Other properties on Hoffer St" to compare beds, baths, and sale history.
What are the property facts for 721 Hoffer St?
721 Hoffer St is a 3 bed, 3 bath, 1,700 sqft, 13,504 sqft lot single_family.
Is 721 Hoffer St a flip candidate?
No — 721 Hoffer St does not appear in our flips dataset.
Is 721 Hoffer St a tax-appeal candidate?
No — 721 Hoffer 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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