NOT LISTED FOR SALE

1079-81 Delaware St Imperial Beach, CA 91932

Estimated Value: $882,000 - $974,000

4 Beds
2 Baths
1,496 Sq Ft
$618/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $700,000 $468 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,825/month

11 Days on Market

Highlights

  • Level Lot
  • Wood Siding
  • 3-minute walk to Veterans Park

About This Home

As of March 2021

Great location blocks from the beach. Both units feature 2 bed/1 bath. Property has 2 parking spaces. Private yard and patio. Shared laundry room is outside and coin operated.

Last Agent to Sell the Property

Max Folkers

RE/MAX Pacific License #01466910 Listed on: 01/09/2021

RE/MAX Pacific

Last Buyer's Agent

Evan Gill

Compass License #01395346

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,488

Year Built

  • Built in 1957

Lot Details

  • 3,780 Sq Ft Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Utilities

  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $27,912

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 626-395-14-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,488

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Imperial Beach Blvd
  • Neighborhood: Imperial Beach
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1957
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Community: IMPERIAL BEACH
  • Manager Name: Gabriela Fromlath
  • Manager Phone: 858-201-4501

Lot Info

  • Lot Size: 1-3,999 SF
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 626-395-14-00
  • Estimated Lot Sq Ft: 3780
  • Estimated Number of Acres: 0.09
  • Map Code Column: G
  • Map Code Page: 1349
  • Map Code Row: 1

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 27912
  • Annual Expense Actual: 5141
  • Gross Rent Multiplier Actual: 18.81
  • Gross Sched Income Actual: 37200
  • Number Of Buildings: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2021
Sold by
Riddle Kyle
Bought by
Riddle Kyle and Nunns Ryan
Current Estimated Value
$923,885

Purchase Details

Listed on
Jan 9, 2021
Closed on
Jan 29, 2021
Sold by
Tbr Propco Llc
Bought by
Riddle Kyle
Seller's Agent
Max Folkers
RE/MAX Pacific
Buyer's Agent
Evan Gill
Compass
List Price
$700,000
Sold Price
$700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$595,000
Outstanding Balance
$534,586
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$329,247

Purchase Details

Closed on
Feb 16, 2016
Sold by
Robinson Tod J
Bought by
Tbr Propco Llc

Purchase Details

Closed on
Sep 20, 2012
Sold by
Aldridge Susan M
Bought by
Robinson Tod J

Purchase Details

Closed on
Feb 25, 2008
Sold by
Aldridge John P
Bought by
Aldridge John P

Purchase Details

Closed on
Feb 14, 2005
Sold by
Aldridge Paul
Bought by
Aldridge Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Riddle Kyle -- Accommodation
Riddle Kyle $700,000 Fidelity Natl Ttl San Diego
Tbr Propco Llc -- None Available
Robinson Tod J $250,000 Fidelity
Aldridge John P -- None Available
Aldridge Paul -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riddle Kyle $595,000
Previous Owner Aldridge Paul $420,000
Previous Owner Aldridge Paul $310,000
Previous Owner Aldridge Paul R $181,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2021 03/02/21 Sold $700,000 0.0% $468 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/09/2021 01/09/21 For Sale $700,000 -- $468 / Sq Ft
Source: San Diego MLS

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 $9,488 $757,701 $454,621 $303,080
2024 $9,488 $742,845 $445,707 $297,138
2023 $9,304 $728,280 $436,968 $291,312
2022 $9,097 $714,000 $428,400 $285,600
2021 $4,025 $284,405 $170,643 $113,762
2020 $3,927 $281,490 $168,894 $112,596
2019 $3,926 $275,972 $165,583 $110,389
2018 $3,934 $270,562 $162,337 $108,225
2017 $3,953 $265,257 $159,154 $106,103
2016 $3,806 $260,057 $156,034 $104,023
2015 $3,643 $256,152 $153,691 $102,461
2014 $3,554 $251,135 $150,681 $100,454
Source: Public Records

Agents Affiliated with this Home

  • Max Folkers

    Seller's Agent in 2021

    Max Folkers

    RE/MAX

    (619) 977-8364

    2 in this area

    141 Total Sales

    Max Folkers
    Section Image
  • Evan Gill

    Buyer's Agent in 2021

    Evan Gill

    Compass

    (619) 887-3094

    2 in this area

    66 Total Sales

    Evan Gill
    Section Image
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Map

Source: San Diego MLS

MLS Number: 210000597

San Diego MLS

APN: 626-395-14

California San Diego County Imperial Beach 91932

1079-81 Delaware St, Imperial Beach, CA

This home is located at 1079-81 Delaware St, Imperial Beach, CA 91932 since 09 January 2021 and is currently estimated at $923,885, approximately $617 per square foot. This property was built in 1957. 1079-81 Delaware St is a home located in San Diego County with nearby schools including Mar Vista Academy, Mar Vista Senior High School, and Imperial Beach Charter School.

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