NOT LISTED FOR SALE

1050 Elder Ave Imperial Beach, CA 91932

Estimated Value: $1,006,000 - $1,552,000

6 Beds
4 Baths
2,528 Sq Ft
$491/Sq Ft Est. Value

Last Sold February 16, 2016

Last sale price $705,000 $279 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $7,411/month

181 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • 1-Story Property
  • Partially Fenced Property

About This Home

As of February 2016

UPGRADED PROPERTY, FEELS LIKE TWO SEPARATE HOUSES, PROPERTY ONLY CONNECTED BY THE GARAGE WALL, CERAMIC TILE FLOOR IN ENTRANCE, DINING ROOM, KITCHEN.VINYAL DUAL PANE WINDOWS WITH CUSTOM WOOD SILLS & CASINGS. BEAUTIFUL CUSTOM WALL & CEILING FINISH. KITCHEN CUSTOM PANTRY WITH FULL EXTENSION DRAWERS. MASTER BED ROOM CUSTOM CLOSET WITH FLOOR TO CEILING MIRRORED DOORS. LIVING ROOM & BEDROOMS,WOOD FLOORS. PANEL DOORS, REDWOOD DECK Please don't disturb tenants, Showings with accepted offers. Neighborhoods: IB Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 1060 Elder Unit # for Unit 2: 1050 Elder Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Soraya Pizzey

Colwell Realty IB Inc License #01210272 Listed on: 07/28/2015

Last Buyer's Agent

Carly Dorendorf

eXp Realty of California, Inc. License #01955730

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 5,900 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 2 Units
  • sfr

Listing and Financial Details

  • Tenant pays for trash collection, water, cable TV, electricity, grounds care, gas
  • Assessor Parcel Number 6264301400

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Park Name: sfr
  • Subdivision Name Other: Imperial Beach
  • Property Type: Residential Income
  • Parcel Number: 6264301400
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 5900.00

Rental Info

  • Tenant Pays: Trash Collection, Water, Cable TV, Electricity, Grounds Care, Gas

Multi Family

  • Gross Scheduled Income: 42000.00
  • Lot Size Area: 5900.0000 Square Feet
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2018
Sold by
Rta Properties Iii Llc
Bought by
Pcl Properties Inc
Current Estimated Value
$1,241,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2015
Closed on
Jan 7, 2016
Sold by
Laffoon Larry and Laffoon Lisette
Bought by
Rta Properties Iii Llc
Seller's Agent
Soraya Pizzey
Colwell Realty IB Inc
Buyer's Agent
Carly Dorendorf
eXp Realty of California, Inc.
List Price
$705,000
Sold Price
$705,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$350,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2000
Sold by
Albert Mikalson S and Albert Bertha C
Bought by
Laffoon Larry and Laffoon Lissette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,120
Interest Rate
8.2%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pcl Properties Inc $302,000 Landsel Title Agency
Rta Properties Iii Llc $705,000 Lawyers Title Company
Laffoon Larry $269,000 California Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pcl Properties Inc $302,000
Previous Owner Rta Properties Iii Llc $350,000
Previous Owner Laffoon Larry $215,120
Closed Laffoon Larry $40,335
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2016 02/16/16 Sold $705,000 0.0% $279 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
07/28/2015 07/28/15 For Sale $705,000 -- $279 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,808 $834,568 $372,437 $462,131
2024 $11,808 $818,205 $365,135 $453,070
2023 $11,334 $802,163 $357,976 $444,187
2022 $11,739 $786,435 $350,957 $435,478
2021 $11,517 $771,016 $344,076 $426,940
2020 $10,706 $763,111 $340,548 $422,563
2019 $10,712 $748,149 $333,871 $414,278
2018 $10,579 $733,480 $327,325 $406,155
2017 $140 $719,099 $320,907 $398,192
2016 $5,825 $342,270 $152,742 $189,528
2015 $5,587 $337,130 $150,448 $186,682
2014 $5,348 $330,527 $147,501 $183,026
Source: Public Records

Agents Affiliated with this Home

  • Soraya Pizzey

    Seller's Agent in 2016

    Soraya Pizzey

    Colwell Realty IB Inc

    (619) 616-6455

    9 in this area

    15 Total Sales

    Soraya Pizzey
    Section Image
  • Carly Dorendorf

    Buyer's Agent in 2016

    Carly Dorendorf

    eXp Realty of California, Inc.

    (619) 277-2883

    71 Total Sales

    Carly Dorendorf
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 150041906

California Regional Multiple Listing Service (CRMLS)

APN: 626-430-14

California San Diego County Imperial Beach 91932

1050 Elder Ave, Imperial Beach, CA

Not Listed for Sale

MultiFamily

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