Seller's Agent in 2022
Jim Stengel
Palisade Realty Inc
(619) 407-9105
2 in this area
16 Total Sales
1351-53 Fern Ave Imperial Beach, CA 91932
Estimated Value: $1,019,000 - $1,439,000
4
Beds
2
Baths
1,600
Sq Ft
$727/Sq Ft
Est. Value
About This Home
As of March 2022Great investment opportunity, 1.5 miles to the beach! Long term tenants. Property has two separate units with attached garages in the middle, each unit has outdoor space. Do not disturb the tenants. Seller has a recent appraisal for the full asking price. Tenants are aware of the sale.
Last Agent to Sell the Property
Palisade Realty Inc License #01915827 Listed on: 07/30/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,091
Year Built
- Built in 1959
Lot Details
- 6,752
Home Design
- Rolled or Hot Mop Roof
- Stucco Exterior
Additional Features
- 1-Story Property
- Partially Fenced Property
- Heating System Uses Natural Gas
Community Details
- 2 Units
- Net Operating Income $28,510
Listing and Financial Details
- Tenant pays for electricity, gas/propane, hot water
- Assessor Parcel Number 633-102-01-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 22, 2025
Sold by
Martinez Eleno Serna
Bought by
Eleno Serna Martinez Revocable Trust and Martinez
Current Estimated Value
Purchase Details
Closed on
Feb 24, 2023
Sold by
Coto Blanca Estela Romero
Bought by
Martinez Eleno Serna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,065,347
Interest Rate
6.15%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 21, 2023
Sold by
Blooming Town Investment Llc
Bought by
Martinez Eleno Serna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,065,347
Interest Rate
6.15%
Mortgage Type
FHA
Purchase Details
Listed on
Jul 30, 2021
Closed on
Jan 25, 2022
Sold by
Paula M Martinez Trust
Bought by
Blooming Town Investments Llc
Seller's Agent
Jim Stengel
Palisade Realty Inc
Buyer's Agent
Jasmin Perez-garcia
Christian Stanley Finance Realty
List Price
$830,000
Sold Price
$750,000
Premium/Discount to List
-$80,000
-9.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.03%
Original Mortgage
$675,000
Interest Rate
3.69%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 27, 2011
Sold by
Martinez Paula M
Bought by
Martinez Paula M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,600
Interest Rate
4.01%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 21, 2011
Sold by
Martinez Paula M
Bought by
Martinez Paula M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,600
Interest Rate
4.01%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 22, 2008
Sold by
Martinez Paula M
Bought by
Martinez Paula M
Purchase Details
Closed on
Jun 21, 2006
Sold by
Martinez Paula M
Bought by
Martinez Paula M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 27, 2006
Sold by
Martinez Paula M
Bought by
Martinez Paula M
Purchase Details
Closed on
Aug 15, 1995
Sold by
Martinez Paula M
Bought by
Martinez Paula M
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Eleno Serna Martinez Revocable Trust | -- | None Listed On Document | |
| Martinez Eleno Serna | -- | Ticor Title | |
| Martinez Eleno Serna | $1,085,000 | Ticor Title | |
| Blooming Town Investments Llc | $750,000 | Ticor Title | |
| Martinez Paula M | -- | Ticor Title Company Of Ca | |
| Martinez Paula M | -- | Ticor Title Company Of Ca | |
| Martinez Paula M | -- | None Available | |
| Martinez Paula M | -- | Chicago Title Co | |
| Martinez Paula M | -- | None Available | |
| Martinez Paula M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Martinez Eleno Serna | $1,065,347 | |
| Previous Owner | Blooming Town Investments Llc | $675,000 | |
| Previous Owner | Martinez Paula M | $123,600 | |
| Previous Owner | Martinez Paula M | $130,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2022 03/07/22 | Sold | $750,000 | -9.6% | $469 / Sq Ft |
| 12/12/2021 12/12/21 | Pending | -- | -- | -- |
| 12/07/2021 12/07/21 | For Sale | $830,000 | 0.0% | $519 / Sq Ft |
| 11/03/2021 11/03/21 | Pending | -- | -- | -- |
| 07/30/2021 07/30/21 | For Sale | $830,000 | -- | $519 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $14,091 | $1,128,834 | $816,714 | $312,120 |
| 2024 | $14,091 | $1,106,700 | $800,700 | $306,000 |
| 2023 | $9,469 | $765,000 | $561,000 | $204,000 |
| 2022 | $1,748 | $67,428 | $24,134 | $43,294 |
| 2021 | $1,791 | $66,107 | $23,661 | $42,446 |
| 2020 | $1,510 | $65,430 | $23,419 | $42,011 |
| 2019 | $1,505 | $64,148 | $22,960 | $41,188 |
| 2018 | $1,543 | $62,891 | $22,510 | $40,381 |
| 2017 | $1,459 | $61,659 | $22,069 | $39,590 |
| 2016 | $1,472 | $60,451 | $21,637 | $38,814 |
| 2015 | $1,662 | $59,543 | $21,312 | $38,231 |
| 2014 | $1,490 | $58,378 | $20,895 | $37,483 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Stengel
-
Jasmin Perez-garcia
J
Buyer's Agent in 2022
Jasmin Perez-garcia
Christian Stanley Finance Realty
(619) 994-4795
2 in this area
12 Total Sales
Map
Source: San Diego MLS
MLS Number: 210021536
APN: 633-102-01
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