NOT LISTED FOR SALE

1450 Iris Ave Unit 2 Imperial Beach, CA 91932

Estimated Value: $459,000 - $612,000

2 Beds
1 Bath
800 Sq Ft
0.89 Acres

Last Sold August 15, 2022

Last sale price $480,000 $600 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,229/month

14 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Ceramic Tile Flooring
  • Gated Community
  • Community Barbecue Grill
  • Property is Fully Fenced

About This Home

As of August 2022

HOA ONLY $195 INCLUDES WATER AND TRASH PICK UP. VA APPROVED! Beautiful condominium in the hidden jewel of San Diego, Imperial Beach. It will not last. Just minutes to the base, schools, shopping, freeways and most importantly the beach!! This downstairs unit boasts a spacious open floor plan with crown molding, custom cabinetry and in-unit stacked washer/dryer! Stainless steel appliances throughout the kitchen; wood looking ceramic tile throughout home. Private feel with gated community and assigned parking. Rare low HOA DUES!! Already own? This unit is a perfect rental. Perfect for Military, singles, couples, first time home buyer and those who want access to all the amenities including a gated community, well maintained grounds, exercise room, large underground pool and gorgeous entertainer's dream BBQ area. This rarely opportunity will be snatched up FAST!

Last Agent to Sell the Property

Jacqueline Mercado

BBR Partners License #02172776 Listed on: 07/07/2022

Co-Listed By

Lex Velarde

FOSTER HAMILTON Real Estate Co License #02072555

Last Buyer's Agent

Jon Tolhoek

Select California Homes License #01930113

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Lot Details

  • 0.89

Home Design

  • Entry on the 1st floor
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Additional Features

  • Property is Fully Fenced
  • Gravity Heating System

Listing and Financial Details

  • Assessor Parcel Number 633-232-47-02

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community, hot water, limited insurance, roof maintenance, sewer, termite, trash pickup, water
  • 42 Units
  • Marquee Properties Association, Phone Number (619) 535-0202
  • Private Community

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Additional Features

  • Community Barbecue Grill
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: South Bay
  • Cross Street: 14th St. & 15th St.
  • Neighborhood: Imperial Beach
  • LP / Sq Ft: 587.5
  • Price Per Sq Ft: 600.0
  • SP/ Sq Ft: 600.0
  • Stories: 1 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Ceramic Tile
  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Washer
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 10x16
  • Full Bathrooms: 1
  • Laundry Location: Inside
  • Estimated Sq Ft: 800
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Pool: Community/Common
  • Roof: Composition

Garage/Parking

  • Non Garage Parking: Assigned
  • Parking Spaces Total: 1

Utilities

  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Connected
  • Water: Public
  • Heating: Wall/Gravity
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Private
  • Units In Building: 42
  • Total Number of Units: 42
  • Community: IMPERIAL BEACH
  • Complex Features: BBQ, Exercise Room, Gated Community, Pet Restrictions, Pool
  • Home Owner Association: Marquee Properties
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community, Hot Water, Limited Insurance, Roof Maintenance, Sewer, Termite, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 195.69
  • Home Owner Association Phone: 619-535-0202

Association/Amenities

  • Entry Level Unit: 1

Lot Info

  • Lot Size: .5 to 1 AC
  • Topography: Level
  • Assessor Parcel Number: 633-232-47-02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Aug 4, 2022
Sold by
Jacqueline Mercado
Bought by
Murphy Gregory R and Murphy Meghan
Seller's Agent
Jacqueline Mercado
BBR Partners
Buyer's Agent
Jon Tolhoek
Select California Homes
List Price
$470,000
Sold Price
$480,000
Premium/Discount to List
$10,000
2.13%
Current Estimated Value
$522,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,857
Avg. Annual Appreciation
2.55%
Original Mortgage
$384,000
Outstanding Balance
$367,670
Interest Rate
5.7%
Mortgage Type
Balloon
Estimated Equity
$155,187

Purchase Details

Closed on
Jan 23, 2020
Sold by
Mercado Jacqueline and Mercado Jacqueline Bernardeth
Bought by
Mercado Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,200
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
Mar 28, 2017
Sold by
S & L Financial Inc
Bought by
Mercado Jacqueline Bernardeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.16%
Mortgage Type
VA

Purchase Details

Closed on
Jul 10, 2008
Sold by
Cesn Iris 42 Llc
Bought by
S&L Financial Inc
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
Murphy Gregory R $480,000 First American Title
Mercado Jacqueline -- Lawyers Title
Mercado Jacqueline Bernardeth $252,000 Fntg
S&L Financial Inc $1,836,180 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Gregory R $384,000
Previous Owner Mercado Jacqueline $268,200
Previous Owner Mercado Jacqueline Bernardeth $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2022 08/15/22 Sold $480,000 +2.1% $600 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $470,000 0.0% $588 / Sq Ft
08/07/2021 08/07/21 Rented $2,000 0.0% --
08/02/2021 08/02/21 For Rent $2,000 +11.4% --
03/31/2020 03/31/20 Rented $1,795 -3.0% --
03/30/2020 03/30/20 Under Contract -- -- --
03/03/2020 03/03/20 For Rent $1,850 +5.7% --
09/28/2018 09/28/18 Rented $1,750 0.0% --
09/28/2018 09/28/18 For Rent $1,750 -- --
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 $5,976 $499,391 $354,409 $144,982
2024 $5,976 $489,600 $347,460 $142,140
2023 $5,791 $465,000 $330,000 $135,000
2022 $1,830 $275,595 $195,585 $80,010
2021 $1,827 $270,192 $191,750 $78,442
2020 $1,116 $267,422 $189,784 $77,638
2019 $1,054 $262,179 $186,063 $76,116
2018 $1,079 $257,039 $182,415 $74,624
2017 $939 $171,978 $122,049 $49,929
2016 $2,289 $168,606 $119,656 $48,950
2015 $2,053 $150,000 $66,000 $84,000
2014 $1,755 $125,000 $55,000 $70,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jacqueline Mercado

    BBR Partners

    Section Image

  • L

    Seller Co-Listing Agent in 2022

    Lex Velarde

    FOSTER HAMILTON Real Estate Co

    (619) 865-9093

    1 in this area

    46 Total Sales

    Lex Velarde
    Section Image
  • Jon Tolhoek

    Buyer's Agent in 2022

    Jon Tolhoek

    Select California Homes

    (619) 786-0555

    1 in this area

    28 Total Sales

    Jon Tolhoek
    Section Image
  • Alexi Rabay

    Seller's Agent in 2021

    Alexi Rabay

    San Diego R.E. Properties

    (619) 250-4531

    36 Total Sales

    Alexi Rabay
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 220017434

San Diego MLS

APN: 633-232-47-02

California San Diego County Imperial Beach 91932

1450 Iris Ave Unit 2, Imperial Beach, CA

Not Listed for Sale

Condos

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