5421 Palmer Dr
Banning, CA 92220
2 bd 2 ba 850 sqft Built 1990 Lot 2,178 sqft condos
Most recent sale
$290,000
Mar 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 14, 2022 | Sold | $290,000 | MLS #CV22014129 |
| Jan 24, 2022 | Listed | $290,000 | MLS #CV22014129 |
| Oct 22, 2020 | Sold | $221,000 | MLS #EV20132854 |
| Nov 8, 2019 | Sold | $157,000 | MLS #IV19225349 |
| Sep 21, 2019 | Listed | $157,000 | MLS #IV19225349 |
| Jun 12, 1998 | Sold | $85,000 | Public Record |
| Nov 22, 1995 | Sold | $70,000 | Public Record |
| Mar 18, 1993 | Sold | $110,000 | Public Record |
| Feb 22, 1990 | Sold | $103,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $259,995 | $47,754 | $307,749 | $4,288 |
| 2024 | $259,995 | $47,754 | $307,749 | $4,202 |
| 2023 | $249,900 | $45,900 | $295,800 | $4,199 |
| 2022 | $179,520 | $45,900 | $225,420 | $3,209 |
| 2021 | $176,000 | $45,000 | $221,000 | $3,148 |
| 2020 | $112,000 | $45,000 | $157,000 | $2,256 |
| 2019 | $64,396 | $57,240 | $121,636 | $1,669 |
| 2018 | $63,134 | $56,118 | $119,252 | $1,655 |
| 2017 | $61,897 | $55,018 | $116,915 | $1,626 |
| 2016 | $60,684 | $53,940 | $114,624 | $1,546 |
| 2015 | $59,773 | $53,131 | $112,904 | $1,522 |
| 2014 | $58,603 | $52,092 | $110,695 | $1,510 |
| 2013 | $58,339 | $51,857 | $110,196 | $1,515 |
| 2012 | $57,196 | $50,841 | $108,037 | $1,470 |
| 2010 | $54,000 | $48,000 | $102,000 | $1,382 |
| 2009 | $55,790 | $49,592 | $105,382 | $1,394 |
| 2008 | $54,697 | $48,620 | $103,317 | $1,286 |
| 2007 | $53,625 | $47,667 | $101,292 | $1,256 |
Property facts
Year built
1990
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
850 sqft
Lot size
2,178 sqft
ZIP code
92220
City
Banning
Street
Palmer Dr
Coordinates
33.91793, -116.93684
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,720
Gross rental yield
11.26%
Implied cap rate
7.32%
Trend-extrapolated value
—
Frequently asked questions
When did 5421 Palmer Dr last sell?
5421 Palmer Dr most recently sold on Mar 14, 2022 for $290,000.
What is the current tax assessment for 5421 Palmer Dr?
The most recent total assessment for 5421 Palmer Dr (year 2025) is $307,749 with $4,288 in property tax.
How does 5421 Palmer Dr's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $290,000.
When was 5421 Palmer Dr built?
5421 Palmer Dr was built in 1990.
How does 5421 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 5421 Palmer Dr?
5421 Palmer Dr is a 2 bed, 2 bath, 850 sqft, 2,178 sqft lot condos.
Is 5421 Palmer Dr a flip candidate?
Yes — 5421 Palmer Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5421 Palmer Dr a tax-appeal candidate?
No — 5421 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