231 E Nicolet St, Banning, CA 92220
OFF MARKET
Listed by Coldwell Banker Envision, Raul Lozano, (909) 319-2293 . Bought with eXp Realty of California, Inc.

$458,600

Trulia Estimate
  • 3 Beds
  • 3 Baths
  • 1,748 sqft

231 E Nicolet St, Banning, CA 92220

Est. Refi. Payment $2,988/mo*
Refinance Your Home
Currently Off Market - Sold May 15, 2024 for $450,000

Home Value

Trulia Estimate
$459K
Since last month
Decreased$9K (-1.9%)
Since last year
Increased$15K (+3.3%)
Since last sale
Increased$9K (+1.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +106% in the last 10 years
MonthEstimated value
2026
November 2026$459K
October 2026$461K
September 2026$467K
August 2026$463K
July 2026$461K
June 2026$468K
May 2026$469K
April 2026$465K
March 2026$465K
February 2026$466K
January 2026$458K
2025
2024
2023
2022
2021

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
546 N 5th St, Banning, CA
0.46
Multi-Family Home
$458,000
11/10/26
3
3
2,162
162 N 3rd St, Banning, CA
0.35
Multi-Family Home
$415,000
10/19/26
3
2
1,252
574 N 6th St, Banning, CA
0.52
Multi-Family Home
$599,000
09/22/26
4
3
2,224
545 N 2nd St, Banning, CA
0.30
Multi-Family Home
$700,000
03/16/26
6
6
3,090
688 W Nicolet St, Banning, CA
0.58
Multi-Family Home
$600,000
12/03/25
6
4
2,200
1117 W Hays St, Banning, CA
0.86
Multi-Family Home
$175,000
05/15/26
5
3
1,901
696 Illinois Ave, Beaumont, CA
5.12
Multi-Family Home
$515,000
03/23/26
4
2
1,432
685 Massachusetts Ave, Beaumont, CA
5.37
Multi-Family Home
$670,000
03/06/26
6
5
2,500
50292 Ramona St, Cabazon, CA
5.21
Multi-Family Home
$900,000
09/18/26
12
9
5,750

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
253 E Nicolet St, Banning, CA 92220
0.00
$489,400
5
3
1,704
Off Market
251 E Nicolet St #251, Banning, CA 92220
0.01
-
2
1
798
Off Market
251 E Nicolet St #255, Banning, CA 92220
0.01
$227,900
1
1
441
Off Market
251 E Nicolet St, Banning, CA 92220
0.01
$234,200
2
1
-
Off Market
241 E Nicolet St, Banning, CA 92220
0.01
$171,400
1
1
700
Off Market
231 E Nicolet St #241, Banning, CA 92220
0.01
-
1
1
608
Off Market
231 E Nicolet St #231, Banning, CA 92220
0.01
-
1
1
608
Off Market
231 E Nicolet St #231-233-24, Banning, CA 92220
0.01
-
-
-
-
Off Market
233 E Nicolet St #233, Banning, CA 92220
0.01
-
1
1
608
Off Market
233 E Nicolet St, Banning, CA 92220
0.01
$210,700
1
1
-
Off Market
275 E Nicolet St, Banning, CA 92220
0.02
$167,000
2
1
589
Recently Sold
215 E Nicolet St, Banning, CA 92220
0.02
$326,200
3
1
1,273
Off Market
381 N Fay Ave, Banning, CA 92220
0.02
$347,700
3
2
1,171
Off Market
435 N Martin Ln, Banning, CA 92220
0.03
$211,900
2
1
699
Off Market
417 Martin Ln, Banning, CA 92220
0.03
$224,500
2
1
562
Off Market
370 Fay St, Banning, CA 92220
0.03
$262,900
1
1
-
Off Market
361 Fay Ave, Banning, CA 92220
0.03
$205,900
1
1
576
Off Market
462 N Alessandro Rd, Banning, CA 92220
0.03
$483,300
Studio
-
-
Off Market
462 N Alessandro St #C, Banning, CA 92220
0.03
-
1
1
550
Off Market
462 N Alessandro St #B, Banning, CA 92220
0.03
-
Studio
-
-
Off Market

Local Information

  • Map ViewExplore the area around 231 E Nicolet St.
  • Schools5 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1951
1,748 sqft
$262/sqft
Garage

About this House

What's unique:New roofElectric meter
New Roof, new painted all outside, and new fascia just installed a few weeks ago. All previous roof layers were removed. Investor's Opportunity, three units 1 bedroom 1 bathroom each one, with great potential to add more bedrooms on this 8,276 SF lot. One unit has been renovated recently, good tenants on a month to month contract, low rent. Each unit has their own Gas and Electric meter. Some of the units may need upgrades and cosmetic repairs. THESE UNITS ARE LOCATED ON THE OPPOSITE SIDE OF THE DRIVEWAY the other side is also for sale on its own price.
231 E Nicolet St, Banning, CA 92220 is a 3 bedroom, 3 bathroom, 1,748 sqft multi-family built in 1951. It last sold for $450,000 on May 15, 2024 (1% above the $447,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $458,600, with a rent estimate of $2,152/month.

Home Details for 231 E Nicolet St

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Bedroom
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3
Appliances & Utilities
Utilities: Electricity Connected, Sewer ConnectedLaundry: Laundry Room
Heating & Cooling
Heating: Floor FurnaceHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Floor Furnace
Fireplace & Spa
Fireplace: NoneNo Fireplace
Windows, Doors, Floors & Walls
Common Walls: 1 Common Wall
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneEntry Location: Front

Exterior Features

Exterior Home Features
Roof: Composition ShingleNo Private Pool
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4Open Parking Spaces: 4Has a GarageNo Attached GarageParking Spaces: 8Parking: Assigned
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Sewer Tap Paid
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 186

Property Information

Year Built
Year Built: 1951
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Condition: Repairs CosmeticNot Included in Sale: Tenant's pertinencesParcel Number: 541350005

Price & Status

Price
List Price: $447,000
Status Change & Dates
Off Market Date: Wed May 15 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: BanningCommunity: Solera (Slra)

Agent Information

Buyer Agent
Buyer Company Name: The Blake Cory Homesel...

Building

Building Area
Building Area: 1748 Square Feet

Community

Community Features: SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 8276 sqft

Listing Info

Special Conditions: Standard

Offer

Contingencies: 1031 Exchange at no cost to buyer, seller already have the replacement property. An easement will be recorded due units share the driveway with the 253 E Nicolet St owned by the same owner and also for sale. No contingency on selling both ML's anymore.Listing Terms: 1031 Exchange

Business

Expense
Tenant Pays: All Utilities, Cable TV, Electricity, Telephone

Rental Terms, Policies & Fees

No Rent Control

Miscellaneous

Mls Number: TR23160138Living Area Range Units: Square FeetAttribution Contact: 909-319-2293Common Interest: NoneUniversal Property Id: US-06065-N-541350005-R-N

Additional Information

Sidewalks

Price and Tax history

DateEventPrice
May 15, 2024
Source: CRMLS #TR23160138
Sold
$450,000
Mar 21, 2024
Source: Berkshire Hathaway California Properties #TR23160138
PendingToActive
$447,000
Mar 20, 2024
Source: CRMLS #TR23160138
Contingent
$447,000
Mar 20, 2024
Source: BHHS broker feed #TR23160138
ListingRemoved
$447,000
Mar 12, 2024
Source: BHHS broker feed #TR23160138
Listed For Sale
$447,000

Market trends in Banning

Last updated October 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$365K
$3.33KMoM
Sale-to-List Price
99.7%
Price per sq ft
$259
$6MoM
Available listings
174
6MoM
Sourced by Trulia Market Trends

Around this home

What Locals Say about Banning

At least 248 Trulia users voted on each feature.

  • 81 % Say car is needed

  • 80 % Say it's dog friendly

  • 79 % Say parking is easy

  • 78 % Say yards are well-kept

  • 70 % Say there's holiday spirit

  • 69 % Say there are sidewalks

  • 53 % Say it's quiet

  • 50 % Say kids play outside

  • 47 % Say they plan to stay for at least 5 years

  • 46 % Say streets are well-lit

  • 45 % Say neighbors are friendly

  • 45 % Say there's wildlife

  • 44 % Say people would walk alone at night

  • 43 % Say it's walkable to restaurants

  • 37 % Say it's walkable to grocery stores

  • 21 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Alvin Moy
    "see people walking their dogs. be nice that owners would pick up after their pets and be respectful of their neighbors’ property. "
    0
    Flag
  • Trulia User
    "It’s a very quite place to live. I feel very safe "
    0
    Flag
  • Trulia User
    "I grew up in banning and love the community and homes "
    0
    Flag
  • Jessica_c_jonez
    "Fireworks go off all year round. "
    0
    Flag
  • Trulia User
    "It’s a very peaceful place "
    0
    Flag
  • Stacy Carpenter
    "There is a nearby park for kids and dogs. Super quiet neighborhood as well which is good for families. "
    0
    Flag
  • Vanessa F.
    "Quiet neighborhood, popular street so everyone looks out for each other... close gas stations and convenience stores for last minute items "
    11
    Flag
  • Savannah G.
    "there are a lot of dogs already in thus area so sometimes they can be friendly and sometimes you don't know. there's always some dog running around. Probably left someones yards so make sure you're aware. "
    3
    Flag
  • Rshernandz
    "Gated 55+ community. Beautiful grounds, safe to walk around, gold course, gyms, pools, tennis courts, bocce ball"
    0
    Flag
  • Semaj C.
    "Everyone walks there dogs to the park where they allow there dogs to use the restroom or they well walk them around the block"
    4
    Flag
  • Jocelynolguin
    "There are a lot of gang related activity near by. It is not a very nice neighborhood. The schools are not ranked very well."
    1
    Flag
  • Gizmo6824
    "No like. Random dogs running the neighborhood. Not on a leash. Unsupervised. Owners don’t seem to care. Unsafe for children "
    0
    Flag
  • Shante F.
    "Great schools my kids went to school here Banning High is awesome friendly neighborhood close to stores and food places cheap housing clean area "
    0
    Flag
  • Cynthia Z.
    "it's okay. needs more work. safer neighborhoods with night watch for a safer neighborhood. it's a good neighborhood because its quiet and relaxing. "
    5
    Flag
  • EschendalEsther .
    "Picnics and swimming bbq’s and estate sales. Yard sales and walking in great year round weather. Beautiful mountains north and south. "
    0
    Flag
  • Wilsonmail1996
    "I have lived in this area for 2 years. There is so much charm to this town, however homeowners need to take pride in their homes. Lack of pride is overwhelming."
    4
    Flag
  • Starr K.
    "the town is so small there's no real commute within it and there's many restaurants and grocery stores and retail stores within 15 miles"
    8
    Flag
  • Bryan M.
    "Easy freeway access to go anywhere else but here , some areas are nice but all and all dogs run wild and I don’t even want to jog on my side of town , looking for somewhere nicer but I do love the commute to Morongo"
    4
    Flag
  • Starr K.
    "Small town but the public transit takes you anywhere you need to go. doesn't run as often as larger cities"
    2
    Flag
  • Starr K.
    "There's some nice grassy parks and very little traffic. I personally walk my dogs to the hills at the edge of banning and let them roam free as there's no other animals or people around "
    2
    Flag
  • B.marcus428
    "I love banning ca I was born and raised here just a small homey town and it is a great place to raise your kids "
    0
    Flag
  • Jacqueline F.
    "Growing neighborhoods, the town is not as outdated as it used to be. Most of the town runs right along the freeway so you can really get from one side of it to the other in just a few minutes by hopping on...well, the freeway. 🤗"
    2
    Flag
  • Sunni L.
    "there are many parks and nice communities to take your dogs for walks. just clean up after them. that would be nice"
    0
    Flag
  • Mrriley54
    "I live in a 55 plus community. We have 24 hour armed security. There tons of activities to get involved with. "
    0
    Flag
  • Destiney W.
    "definitely a small town not much going on but I like it better than the big cities its definitely a growing city "
    0
    Flag
  • Michelle
    "My neighborhood is 55+ community with club houses, restaurant, and a multitude of classes you can take, which is a good way to meet neighbors. I feel safe walking my dog. The complex has 24 hour security."
    0
    Flag
  • Eric B.
    "Homeless population has increased dramatically within the last year. The city is not doing enough to retain homeowners and electrical is City managed and more expensive than Edison in Beaumont. "
    0
    Flag
  • Michelle R.
    "I live in a gated 55+ community. Security patrols 24/7 which gives me piece of mind there are no hooligans running around the neighborhood. "
    1
    Flag
  • Karvilloct22
    "The area isn’t that pretty no sidewalks to walk with stroller but it’s sometimes quite no disturbances "
    0
    Flag
  • Cynthia Z.
    "okay, place to live in. if yiu wnat a safe place to raise kids this is not for you. its a tough place to live and its getting more expensive."
    2
    Flag
  • Acortez056
    "Lived here all my life. Decent neighborhood.. Everyone kind of minds their own business . But some are hella mosey "
    0
    Flag

LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-11-14 02:05:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Frequently asked questions about 231 E Nicolet St

  • What is 231 E Nicolet St estimated to be worth?
    Trulia's estimated value for 231 E Nicolet St in Banning, CA is $458,600.
  • What is the price history for 231 E Nicolet St?
    231 E Nicolet St in Banning, CA last sold for $450,000 in May 2024.
  • Is Banning a buyer's or seller's market?
    Banning is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Banning?
    The median sale price in Banning is $365K. That is down $3.33K from the prior month.
  • Does 231 E Nicolet St have air conditioning?
    Yes, 231 E Nicolet St in Banning, CA has air conditioning.
  • Does 231 E Nicolet St have laundry facilities?
    Yes, 231 E Nicolet St in Banning, CA has laundry facilities.

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Off Market Homes Near 231 E Nicolet St

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