NOT LISTED FOR SALE

120 Elder Ave Unit A Imperial Beach, CA 91932

Estimated Value: $391,479 - $465,000

-- Bed
1 Bath
325 Sq Ft
$242/mo HOA Fee

Last Sold July 22, 2024

Last sale price $380,000 $1,169 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,539/month

15 Days on Market

About This Home

As of July 2024

Charming 1st floor studio, 1 bath commercial zoned condo conveniently located just steps to the beach and permitted for short-term rental. The location provides easy access to local attractions such as the Imperial Beach pier, estuary, breweries, restaurants, coffee shops and much more. The property has a 3rd story common area sundeck with a peek-a-boo ocean view. Condo was partially remodeled in 2022 with new ceilings, lighting and ceiling fans. Condo also has dual paned windows, faux wood blinds, porcelain plank flooring, porcelain flooring, a kitchenette with quartz countertops, cooktop, small fridge and microwave. Bathroom features a large soaking tub/shower to relax in after a day of exploring. Don’t miss this opportunity to own a piece of coastal paradise!

Last Agent to Sell the Property

Kyle Collins

Marquee Properties, Inc. Brokerage Email: kyle@marqueepropsd.com License #01381925 Listed on: 06/25/2024

Last Buyer's Agent

Ricardo Cervantes

Finest City Homes License #01342245

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988

Lot Details

  • 10,280

HOA Fees

  • $242 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 325 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space

Additional Features

  • 1 Common Wall
  • Hot Water Heating System

Community Details

  • 12 Units
  • Breezes Maint Assoc Association, Phone Number (858) 227-4220
  • Sdhoa HOA

Listing and Financial Details

  • Tax Tract Number 15483
  • Assessor Parcel Number 6253522602

Property Details

Home Type

Condominium

Year Built

Built in 1988

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: Condo
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6253522602
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 325.00
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Full Bathrooms: 1
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1169.23

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Parking: No
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Hot Water
  • Association Fee: 242.00
  • Association Fee Frequency: Monthly
  • Association Name: Breezes Maint Assoc
  • Phone: 858-227-4220
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: SDHOA

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 12

Tax Info

  • Tax Tract Number: 015483

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2024
Sold by
Fletcher Ray William
Bought by
120 Elder Llc
Current Estimated Value
$411,620

Purchase Details

Listed on
Jun 25, 2024
Closed on
Jul 11, 2024
Sold by
Smith Patricia L
Bought by
Fletcher Ray William
Seller's Agent
Kyle Collins
Marquee Properties, Inc.
Buyer's Agent
Ricardo Cervantes
Finest City Homes
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%

Purchase Details

Closed on
Dec 27, 2007
Sold by
Cesn Elder 12 Llc
Bought by
Smith Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6%
Mortgage Type
Commercial
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
120 Elder Llc -- None Listed On Document
120 Elder Llc -- None Listed On Document
Fletcher Ray William $380,000 First American Title
Smith Patricia L $50,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Patricia L $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2024 07/22/24 Sold $380,000 -4.8% $1,169 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $399,000 -- $1,228 / 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 $1,682 $380,000 $100,000 $280,000
2024 $1,682 $126,234 $63,117 $63,117
2023 $1,706 $123,760 $61,880 $61,880
2022 $1,623 $121,334 $60,667 $60,667
2021 $1,606 $118,956 $59,478 $59,478
2020 $1,560 $117,738 $58,869 $58,869
2019 $1,558 $115,430 $57,715 $57,715
2018 $1,547 $113,168 $56,584 $56,584
2017 $1,498 $110,950 $55,475 $55,475
2016 $1,432 $108,776 $54,388 $54,388
2015 $1,422 $107,144 $53,572 $53,572
2014 $1,380 $105,046 $52,523 $52,523
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2403728

California Regional Multiple Listing Service (CRMLS)

APN: 625-352-26-02