NOT LISTED FOR SALE

1143 Elder Ave Imperial Beach, CA 91932

Estimated Value: $1,147,549 - $1,499,000

6 Beds
2 Baths
2,528 Sq Ft
$522/Sq Ft Est. Value

Last Sold October 03, 2016

Last sale price $700,000 $277 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $7,750/month

177 Days on Market

About This Home

As of October 2016

AWESOME OPPORTUNITY!!! HERE IS YOUR CHANCE TO LIVE IN ONE AND RENT THE OTHER! GREAT LOCATION CLOSE TO ALL NAVAL BASES, TRANSPORTATION, SHOPPING, AND RESTAURANTS- PROPERTIES ARE BOTH CURRENTLY RENTED WITH WONDERFUL TENANTS- 2 THREE BEDROOM UNITS WITH A ONE CAR GARAGE AND AS AN ADDITIONAL BONUS THERE IS A THIRD GARAGE FOR STORAGE!! HURRY THIS WONDERFUL INVESTMENT OPPORTUNITY WON'T LAST!!!! Neighborhoods: Imperial Beach Other Fees: 0 Unit # for Unit 1: 1143 Unit # for Unit 2: 1145 Number of Furnished Units: 0

Last Agent to Sell the Property

Rachel Crawford

Coldwell Banker West License #01823241 Listed on: 03/09/2016

Coldwell Banker West

Last Buyer's Agent

Sang Pham

Prime Coast Realty & Mortgage License #00886605

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 6,969 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units
  • Imperial Beach

Listing and Financial Details

  • Tenant pays for water, electricity
  • Assessor Parcel Number 6264920100

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Park Name: Imperial Beach
  • Subdivision Name Other: Imperial Beach
  • Zoning: 2
  • Property Type: Residential Income
  • Parcel Number: 6264920100
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition

Lot Info

  • Lot Size Sq Ft: 6969.00

Rental Info

  • Tenant Pays: Water, Electricity

Multi Family

  • Gross Scheduled Income: 39000.00
  • Lot Size Area: 6969.0000 Square Feet
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2016
Closed on
Sep 6, 2016
Sold by
Nguyen Duc Nhu
Bought by
Nguyen Myhanh P
Seller's Agent
Rachel Crawford
Coldwell Banker West
Buyer's Agent
Sang Pham
Prime Coast Realty & Mortgage
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$1,319,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$619,637
Avg. Annual Appreciation
6.99%
Original Mortgage
$300,000
Outstanding Balance
$239,628
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$1,080,009

Purchase Details

Listed on
Mar 9, 2016
Closed on
Aug 31, 2016
Sold by
Banuelos Hector M and Banuelos Margarita M
Bought by
Nguyen Myhanh P and Nguyen Nichelle G
Seller's Agent
Rachel Crawford
Coldwell Banker West
Buyer's Agent
Sang Pham
Prime Coast Realty & Mortgage
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.
Original Mortgage
$300,000
Outstanding Balance
$239,628
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$1,080,009

Purchase Details

Closed on
Sep 20, 2004
Sold by
Johnson Edward L and Johnson Renee
Bought by
Banuelos Hector M and Banuelos Margarita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2004
Sold by
Johnson Renee
Bought by
Johnson Renee

Purchase Details

Closed on
May 16, 2003
Sold by
Mikalson S Albert and Mikalson Bertha C
Bought by
Johnson Edward L and Johnson Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
4.54%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Nguyen Myhanh P -- Title 365
Nguyen Myhanh P $700,000 Title 365
Banuelos Hector M $700,000 Southland Title
Johnson Renee -- --
Johnson Edward L $525,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Myhanh P $300,000
Previous Owner Banuelos Hector M $560,000
Previous Owner Johnson Edward L $413,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2016 10/03/16 Sold $700,000 0.0% $277 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $700,000 -- $277 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,762 $812,401 $409,517 $402,884
2024 $10,762 $796,473 $401,488 $394,985
2023 $10,754 $780,857 $393,616 $387,241
2022 $11,086 $765,548 $385,899 $379,649
2021 $11,044 $750,538 $378,333 $372,205
2020 $10,318 $742,843 $374,454 $368,389
2019 $10,075 $728,278 $367,112 $361,166
2018 $9,668 $713,999 $359,914 $354,085
2017 $9,633 $700,000 $352,857 $347,143
2016 $6,889 $490,000 $247,000 $243,000
2015 $6,530 $450,000 $227,000 $223,000
2014 $5,938 $400,000 $202,000 $198,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160012778

California Regional Multiple Listing Service (CRMLS)

APN: 626-492-01

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