NOT LISTED FOR SALE

126 Elder Ave Imperial Beach, CA 91932

Estimated Value: $671,735

1 Bed
1 Bath
822 Sq Ft
$293/mo HOA Fee

Last Sold March 28, 2022

Last sale price $681,554 $829 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,670/month

11 Days on Market

Highlights

  • 1 Car Detached Garage
  • Level Lot
  • 3-minute walk to Reama Park
  • Laundry closet

About This Home

As of March 2022

Incredible opportunity to own a commercial zoned condo that can be short or long term rented in Imperial Beach. Property is well maintained and unit is just half a block from the ocean. Condo is freshly painted and gets incredible light and breeze. Spacious great room with high ceiling throughout. Enjoy views of the IB pier from the rooftop deck. Buyer and buyers agent to verify all information prior to close of escrow. Due to commercial zoning, loans may need to be written though a commercial lender, please check with your lender prior to submitting an offer. Incredible opportunity to own a commercial zoned condo that can be short or long term rented in Imperial Beach. Property is well maintained and unit is just half a block from the ocean. Condo is freshly painted and gets incredible light and breeze. Spacious great room with high ceiling throughout. Enjoy views of the IB pier from the rooftop deck. Buyer and buyers agent to verify all information prior to close of escrow. Due to commercial zoning, loans may need to be written though a commercial lender, please check with your lender prior to submitting an offer. Offers are due Monday 2/14 at noon.

Last Agent to Sell the Property

Sandra Crosby

eXp Realty of California, Inc. License #02055295 Listed on: 02/03/2022

eXp Realty of California, Inc.

Last Buyer's Agent

Sandra Crosby

eXp Realty of California, Inc. License #02055295 Listed on: 02/03/2022

eXp Realty of California, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,391

Year Built

  • Built in 1988

Lot Details

  • 10,280

HOA Fees

  • $293 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 822 Sq Ft Home
  • 2-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Full Size Washer or Dryer
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Water Meter

Community Details

  • Association fees include common area maintenance, sewer, trash pickup, water
  • Breezes Maintenance Assoc Association, Phone Number (619) 535-0202
  • The Breezes Community

Listing and Financial Details

  • Assessor Parcel Number 625-352-26-01

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,391

Year Built

Built in 1988

Lot Details

0

HOA Fees

$293 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: South Bay
  • Cross Street: Seacoast Dr
  • Neighborhood: Imperial Beach
  • Supplement: Incredible opportunity to own a commercial zoned condo that can be short or long term rented in Imperial Beach. Property is well maintained and unit is just half a block from the ocean. Condo is freshly painted and gets incredible light and breeze. Spacious great room with high ceiling throughout. Enjoy views of the IB pier from the rooftop deck. Buyer and buyers agent to verify all information prior to close of escrow. Due to commercial zoning, loans may need to be written though a commercial lender, please check with your lender prior to submitting an offer. Offers are due Monday 2/14 at noon.
  • LP / Sq Ft: 790.63
  • Price Per Sq Ft: 829.14
  • SP/ Sq Ft: 829.14
  • Stories: 1 Story
  • Stories In Building: 2
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dryer, Refrigerator, Washer, Electric Range
  • Total Bedrooms: 1
  • Bedrooms: 1
  • Master Bedroom Dimensions: 10x13
  • Full Bathrooms: 1
  • Laundry Location: Closet Full Sized
  • Estimated Sq Ft: 822
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Stucco
  • Roof: Shingle

Garage/Parking

  • Garage Details: Assigned, Detached
  • Non Garage Parking: Assigned, Detached
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Cooling: Wall/Window
  • Laundry Utilities: Electric
  • Sewer/Septic: Public Sewer
  • Water: Meter on Property
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: The Breezes
  • Units In Building: 1
  • Total Number of Units: 11
  • Property Management Company: Marquee Properties
  • Property Management Phone: 6195350202
  • Home Owner Association: Breezes Maintenance Assoc
  • Home Owner Association Fee Includes: Common Area Maintenance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 292.8
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 6195350202

Association/Amenities

  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 293

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Level
  • Zoning: Commercial
  • Assessor Parcel Number: 625-352-26-01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Feb 18, 2022
Sold by
Abbadessa Joseph A and Abbadessa Marami M
Bought by
Hinkle Jauhn
Seller's Agent
Sandra Crosby
eXp Realty of California, Inc.
Buyer's Agent
Sandra Crosby
eXp Realty of California, Inc.
List Price
$649,900
Sold Price
$681,554
Premium/Discount to List
$31,654
4.87%
Current Estimated Value
$671,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,819
Avg. Annual Appreciation
-0.43%
Original Mortgage
$304,549
Outstanding Balance
$285,056
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$386,679

Purchase Details

Closed on
Jan 29, 2013
Sold by
Abbadessa Joseph A
Bought by
Abbadessa Joseph A and Abbadessa Marami A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,300
Interest Rate
3.32%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 2010
Sold by
Melba 16 Llc
Bought by
Abbadessa Joseph A and Abbadessa Marami M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2008
Sold by
Cesn Elder 12 Llc
Bought by
Melba 16 Llc

Purchase Details

Closed on
Dec 28, 2005
Sold by
Elder Street Apts Llc
Bought by
Cesn Elder 12 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
6.32%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Hinkle Jauhn $682,000 First American Title
Abbadessa Joseph A -- Accommodation
Abbadessa Joseph A -- Chicago Title Company
Abbadessa Joseph A $165,000 Ticor Title
Melba 16 Llc $25,000 First American Title Company
Cesn Elder 12 Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinkle Jauhn $304,549
Previous Owner Abbadessa Joseph A $130,300
Previous Owner Abbadessa Joseph A $132,000
Previous Owner Abbadessa Joseph A $132,000
Previous Owner Cesn Elder 12 Llc $1,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Sold $681,554 +4.9% $829 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $649,900 -- $791 / 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 $8,391 $723,269 $456,319 $266,950
2024 $8,391 $709,088 $447,372 $261,716
2023 $8,385 $695,185 $438,600 $256,585
2022 $2,551 $200,687 $79,057 $121,630
2021 $2,505 $196,753 $77,507 $119,246
2020 $2,438 $194,737 $76,713 $118,024
2019 $2,436 $190,919 $75,209 $115,710
2018 $2,410 $187,177 $73,735 $113,442
2017 $2,343 $183,508 $72,290 $111,218
2016 $2,248 $179,911 $70,873 $109,038
2015 $2,237 $177,210 $69,809 $107,401
2014 $2,181 $173,740 $68,442 $105,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220002386

San Diego MLS

APN: 625-352-26-01