NOT LISTED FOR SALE

Estimated Value: $1,018,000 - $1,152,000

4 Beds
3 Baths
2,038 Sq Ft
$533/Sq Ft Est. Value

Sale Details

Date Sold: June 17, 2020

Last sale price $680,000 $334 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,757 / mo

30 Days on Market

Highlights

  • Central Air
  • 1-Story Property
  • 5-minute walk to Veterans Park
  • Gated Home

About This Home

As of June 2020

Great investment property or owner occupied home! Located close to beach! This property will go fast. 2 units total with front house 3 bedroom 2 bath and recent renovations. Rear unit has private access and is a stand alone 1 bed 1 bath cottage. Each enjoy privacy from the other. Rental income on rear unit significantly below market.

Last Agent to Sell the Property

Jorge Jimenez

SVN Vanguard License #01413353 Listed on: 03/30/2020

SVN Vanguard

Last Buyer's Agent

Sean Stafford

Sean Michael Stafford License #01738610

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • Gated Home
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco Exterior

Schools

  • South Bay Union School District Elementary And Middle School
  • Sweetwater Union High School District

Additional Features

  • 1-Story Property
  • Central Air

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 626-510-10-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $32,397

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

7,275 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Imperial Beach Blvd
  • Neighborhood: Imperial Beach
  • LP / Sq Ft: 17.59
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 1970
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full, Gate
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air

Condo/Co-op/Association

  • Community: IMPERIAL BEACH

Schools

  • School District URL: http://www.suhsd.k12.ca.us/
  • Elementary School: South Bay Union School District
  • Elementary School Website: http://sbusd.k12.ca.us/web/index.htm
  • High School: Sweetwater Union High School District
  • Middle School Url: http://sbusd.k12.ca.us/web/index.htm
  • Middle School: South Bay Union School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 626-510-10-00

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 32397
  • Gross Rent Multiplier Actual: 15.98
  • Gross Rent Multiplier Projected: 14.22
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2020
Closed on
Apr 26, 2020
Sold by
Bought by
Seller's Agent
Jorge Jimenez
SVN Vanguard
Buyer's Agent
Sean Stafford
Sean Michael Stafford
List Price
$700,000
Sold Price
$680,000
Premium/Discount to List
-$20,000
-2.86%
Current Estimated Value
$1,086,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,031
Avg. Annual Appreciation
7.90%
Original Mortgage
$370,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2016
Sold by
Bought by

Purchase Details

Closed on
Dec 17, 2015
Sold by
Bought by

Purchase Details

Closed on
Jun 18, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 1986
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Imperial Beach, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$680,000 Corinthian Title Company Inc
-- None Available
-- None Available
-- Chicago Title Company
$152,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $370,000
Previous Owner $500,000
Previous Owner $105,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/17/2020 06/17/20 Sold $680,000 -2.9% $334 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
03/30/2020 03/30/20 For Sale $700,000 -- $343 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,451 $758,547 $501,981 $256,566
2025 $8,843 $743,675 $492,139 $251,536
2024 $8,843 $729,094 $482,490 $246,604
2023 $10,348 $714,799 $473,030 $241,769
2022 $8,607 $700,784 $463,755 $237,029
2021 $8,316 $687,044 $454,662 $232,382
2020 $3,482 $272,208 $124,945 $147,263
2019 $3,455 $266,872 $122,496 $144,376
2018 $3,382 $261,641 $120,095 $141,546
2017 $3,352 $256,512 $117,741 $138,771
2016 $3,218 $251,483 $115,433 $136,050
2015 $3,131 $247,707 $113,700 $134,007
2014 $3,105 $242,855 $111,473 $131,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200015135

San Diego MLS

APN: 626-510-10

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