NOT LISTED FOR SALE

1450 Iris Ave Unit 23 Imperial Beach, CA 91932

Estimated Value: $409,000 - $512,000

2 Beds
1 Bath
725 Sq Ft
$195/mo HOA Fee

Last Sold November 14, 2022

Last sale price $385,000 $531 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,947/month

63 Days on Market

Highlights

  • In Ground Pool
  • Peek-A-Boo Views
  • Living Room
  • Gated Parking
  • 0.89 Acre Lot
  • Laundry Room

About This Home

As of November 2022

Imperial Beach's Hidden Gem!!! This Rarely Available Second Story Corner Unit is Located in the Tapestry Luxury Condominium Complex. Swaying Palms, Tropical trees and grassy lawns. Amazingly LOW HOA of only $195/mo. This Home will Not Last Long!! Live Life to the Fullest Enjoying Everything this Beach Community has to Offer. This Two Bedroom One Bath Second Story Unit Features a Spacious Open Floor Plan with Beautiful Vinyl planked floors, and Crown Molding in the Living and Dining Area. The Kitchen Boasts Granite Counter Tops, Tile Floors and a New Stainless-Steel Refrigerator. The Complex Amenities Include Exercise Room, Large Underground Pool, BBQ Area, Well Maintained Grounds and is a Gated Community. You are Walking Distance to The Beach, Shopping, and Dining!! Come and Take A Look Before This One is Gone!

Last Agent to Sell the Property

Alexander Wells

Wisdom Properties License #02029504 Listed on: 07/13/2022

Last Buyer's Agent

Adriana Erni

Diamond Realty License #01258394

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Lot Details

  • 0.89

HOA Fees

  • $195 Monthly HOA Fees

Property Views

  • Peek-A-Boo
  • Neighborhood

Interior Spaces

  • 725 Sq Ft Home
  • 2-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Available
  • Gated Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Additional Features

  • 1 Common Wall
  • Suburban Location
  • No Heating

Listing and Financial Details

  • Tax Tract Number 15464
  • Assessor Parcel Number 6332324723
  • $409 per year additional tax assessments

Community Details

Overview

  • 42 Units
  • Marquee Properties Association, Phone Number (619) 535-0202
  • Tapestry Luxury Condominiums

Recreation

  • Community Pool
  • Bike Trail

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Assessments: Yes
  • Park Name: Tapestry Luxury Condominiums
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6332324723
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 725.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 531.03
  • Room Type: Kitchen, Living Room, Primary Bedroom

Exterior Features

  • View: Neighborhood, Peek-A-Boo
  • Fence: No
  • Pool Features: Community, In Ground
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Assigned, Gated, Off Street
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Dryer Included, Electric Dryer Hookup, In Closet, Inside, Washer Hookup, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 195.00
  • Association Fee Frequency: Monthly
  • Association Name: Marquee Properties
  • Phone: (619) 535-0202
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban, Biking

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 38592.00
  • Lot Size Acres: 0.8860

Multi Family

  • Lease Considered: No
  • Lot Size Area: 38592.0000 Square Feet
  • Number Of Units In Community: 42

Tax Info

  • Tax Tract Number: 015464
  • TaxOtherAnnualAssessmentAmount: 409.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Sep 30, 2022
Sold by
Johnson Spencer
Bought by
Mateus Lorena
Seller's Agent
Alexander Wells
Wisdom Properties
Buyer's Agent
Adriana Erni
Diamond Realty
List Price
$479,000
Sold Price
$385,000
Premium/Discount to List
-$94,000
-19.62%
Views
39
Current Estimated Value
$449,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,281
Avg. Annual Appreciation
5.04%
Original Mortgage
$346,500
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2022
Closed on
Sep 23, 2022
Sold by
Potter Hannah Wendy-Jo
Bought by
Johnson Spencer
Seller's Agent
Alexander Wells
Wisdom Properties
Buyer's Agent
Adriana Erni
Diamond Realty
List Price
$479,000
Sold Price
$385,000
Premium/Discount to List
-$94,000
-19.62%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2022
Closed on
Sep 21, 2022
Sold by
Hethcock Haley Elizabeth
Bought by
Johnson Spencer
Seller's Agent
Alexander Wells
Wisdom Properties
Buyer's Agent
Adriana Erni
Diamond Realty
List Price
$479,000
Sold Price
$385,000
Premium/Discount to List
-$94,000
-19.62%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2019
Sold by
Santos Susan Nicole
Bought by
Johnson Spencer and Johnson Haley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,428
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
May 15, 2017
Sold by
S & L Financial Inc
Bought by
Santos Susan Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.05%
Mortgage Type
New Conventional

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
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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
Mateus Lorena $385,000 Lawyers Title
Johnson Spencer -- Lawyers Title
Johnson Spencer -- Lawyers Title
Johnson Spencer $299,000 Ticor Title San Diego Branch
Santos Susan Nicole $267,000 Western Resources Title
S&L Financial Inc $1,836,180 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mateus Lorena $346,500
Previous Owner Johnson Spencer $302,428
Previous Owner Santos Susan Nicole $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2022 11/14/22 Sold $385,000 -8.1% $531 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
09/10/2022 09/10/22 Price Changed $419,000 -6.9% $578 / Sq Ft
07/30/2022 07/30/22 Price Changed $449,999 +1.1% $621 / Sq Ft
07/29/2022 07/29/22 Price Changed $445,000 -4.3% $614 / Sq Ft
07/28/2022 07/28/22 Price Changed $465,000 -2.9% $641 / Sq Ft
07/13/2022 07/13/22 For Sale $479,000 -- $661 / 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 $4,861 $400,552 $160,757 $239,795
2024 $4,861 $392,699 $157,605 $235,094
2023 $4,856 $385,000 $154,515 $230,485
2022 $4,037 $314,301 $126,141 $188,160
2021 $3,970 $308,139 $123,668 $184,471
2020 $3,849 $304,980 $122,400 $182,580
2019 $3,585 $277,785 $197,138 $80,647
2018 $3,612 $272,339 $193,273 $79,066
2017 $2,463 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2207384

California Regional Multiple Listing Service (CRMLS)

APN: 633-232-47-23