Sold for $240,000

Listed by: Re/Max Advantage • Marvin Mark Stone • Contact: 909-307-5665

Bought with: Alta Realty Group

$240,000

5340 W Palmer Dr, Banning, CA 92220

2beds

985sqft

Condominium

Built in 1987

-- sqft lot

$-- Zestimate^®

$244/sqft

$1,975 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,975/mo

Zestimate^® history

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What's special

Beautifully landscapedNice sized kitchenGarage access from houseWood cabinetsWood laminate flooring

Cozy condo in the prestigious golf course 55+ community of Sun Lakes . This gated community has many amenities, beautifully landscaped. The best place to retire, the lap of luxury! This home has a great entry into the living room with wood laminate flooring, and a fireplace, lots of windows make it bright and view into the cute back patio. It's gorgeous and very clean. Nice sized kitchen with wood cabinets! There is garage access from house, with lots of room for storage

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Other

Heating

Central

Cooling

Has cooling: Yes

Features

Flooring: Carpet, Tile
Has fireplace: Yes
Fireplace features: Family Room, Gas

Interior area

Total interior livable area: 985 sqft

Property

Parking

Total spaces: 2
Parking features: Other
Attached garage spaces: 2

Lot

Size: 985 Square Feet
Features: Planned Unit Development

Details

Parcel number: 440142063
Special conditions: Standard

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Condition

New construction: No
Year built: 1987

Community & HOA

Community

Features: Gated
Security: Gated Community, 24 Hour Security
Senior community: Yes

HOA

Has HOA: Yes
Amenities included: Other
HOA fee: $385 monthly
Second HOA fee: $195 monthly

Location

Region: Banning

Financial & listing details

Price per square foot: $244/sqft
Tax assessed value: $108,813
Date on market: 1/1/2026
Listing terms: Cash,Conventional,FHA

Price history

Date	Event	Price
6/3/2026	Sold	$240,000-6.8%$244/sqft
Source: CRMLS #219140526DA Report a problem
3/11/2026	Pending sale	$257,600$262/sqft
Source: CDAR/ Desert Area MLS #219140526 Report a problem
2/19/2026	Price change	$257,600-8%$262/sqft
Source: Greater Palm Springs Realtors #219140526 Report a problem
1/1/2026	Listed for sale	$280,000$284/sqft
Source: Greater Palm Springs Realtors #219140526 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2016	--	$108,813 +1.5%
2015	$1,444 +0.8%	$107,181 +2%
2014	$1,433	$105,083 +0.5%
2013	--	$104,610 +6.7%
2012	--	$98,000 +5.4%
2011	--	$93,000 -6.8%
2010	--	$99,801 -0.2%
2009	--	$100,040 +2%
2008	--	$98,079 +2%
2007	--	$96,157 +2%
2006	--	$94,272 +2%
2005	--	$92,424 +3.9%
2003	--	$88,954 +2%
2002	--	$87,210 +2%
2001	$1,070 +7.9%	$85,500 +8.9%
2000	$992	$78,540