5389 Palmer Dr
Banning, CA 92220
2 bd 2 ba 1,311 sqft Built 1987 Lot 4,356 sqft condos
Most recent sale
$350,000
Feb 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 14, 2022 | Sold | $350,000 | MLS #EV21248419 |
| Nov 16, 2021 | Listed | $359,900 | MLS #EV21248419 |
| Apr 17, 2017 | Sold | $200,000 | Public Record |
| Mar 24, 2003 | Sold | $187,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $191,843 | $28,301 | $220,144 | $2,990 |
| 2024 | $191,843 | $28,301 | $220,144 | $2,927 |
| 2023 | $184,395 | $27,203 | $211,598 | $2,923 |
| 2022 | $169,514 | $49,212 | $218,726 | $3,116 |
| 2021 | $166,191 | $48,248 | $214,439 | $3,056 |
| 2020 | $164,487 | $47,754 | $212,241 | $3,030 |
| 2019 | $161,262 | $46,818 | $208,080 | $2,983 |
| 2018 | $158,100 | $45,900 | $204,000 | $2,964 |
| 2017 | $181,000 | $46,000 | $227,000 | $3,302 |
| 2016 | $160,000 | $41,000 | $201,000 | $2,843 |
| 2015 | $155,000 | $40,000 | $195,000 | $2,761 |
| 2014 | $155,000 | $40,000 | $195,000 | $2,699 |
| 2013 | $117,000 | $30,000 | $147,000 | $2,037 |
| 2012 | $97,000 | $25,000 | $122,000 | $1,666 |
| 2010 | $135,000 | $34,000 | $169,000 | $2,249 |
| 2009 | $162,000 | $42,000 | $204,000 | $2,741 |
| 2008 | $170,169 | $43,649 | $213,818 | $2,703 |
| 2007 | $166,833 | $42,794 | $209,627 | $2,643 |
Property facts
Year built
1987
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,311 sqft
Lot size
4,356 sqft
ZIP code
92220
City
Banning
Street
Palmer Dr
Coordinates
33.91785, -116.93658
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,195
Gross rental yield
14.38%
Implied cap rate
9.35%
Trend-extrapolated value
—
Frequently asked questions
When did 5389 Palmer Dr last sell?
5389 Palmer Dr most recently sold on Feb 14, 2022 for $350,000.
What is the current tax assessment for 5389 Palmer Dr?
The most recent total assessment for 5389 Palmer Dr (year 2025) is $220,144 with $2,990 in property tax.
How does 5389 Palmer Dr's assessment compare to its last sale price?
The current assessment is 37.1% below the last sale price of $350,000.
When was 5389 Palmer Dr built?
5389 Palmer Dr was built in 1987.
How does 5389 Palmer Dr compare to others on Palmer Dr?
We track 8 other properties on Palmer Dr. Browse the list under "Other properties on Palmer Dr" to compare beds, baths, and sale history.
What are the property facts for 5389 Palmer Dr?
5389 Palmer Dr is a 2 bed, 2 bath, 1,311 sqft, 4,356 sqft lot condos.
Is 5389 Palmer Dr a flip candidate?
No — 5389 Palmer Dr does not appear in our flips dataset.
Is 5389 Palmer Dr a tax-appeal candidate?
No — 5389 Palmer Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.7%
2026 Q3
$345.3K
2026 Q4
$343.8K
ZIP 92220 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Palmer Dr