NOT LISTED FOR SALE

1540 W Orange Ave El Centro, CA 92243

Estimated Value: $315,312 - $351,000

4 Beds
2 Baths
1,464 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 27, 2012

Last sale price $115,500 $79 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $1,978/month

50 Days on Market

Highlights

  • Open Patio
  • Vinyl Flooring
  • 1-Story Property
  • Combination Kitchen and Dining Room

About This Home

As of July 2012

Fannie Mae HomePath is offering this Duplex move in ready! Each Unit has 2 Bedroom and 1 bath. There is a 2 car garage on the rear with remote garage door opener and nice size kitchens. Use FHA with 3.5% down or HomePath with 3% down and enjoy low payments with the great financing that is available. Live in one and Rent the other. Market Rents are $700-$800 per month per unit. This property is included in the First Look Initiative. During the first 15 days of Marketing the Seller will only entertain offers from Owner Occupant Buyers. Investor Offers can be submitted anytime but Seller will not negotiate until the 16th day or 06/16/2012 whichever is later.

Last Agent to Sell the Property

Robert Prince

Prince & Associates Realtors Listed on: 05/31/2012

Last Buyer's Agent

Linda Middleton

Real Estate eBroker Inc. License #01748779

Real Estate eBroker Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,319

Year Built

  • Built in 1956

Lot Details

  • 8,600

Interior Spaces

  • 1,464 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Vinyl Flooring
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Open Patio
  • 8,600 Sq Ft Lot
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 052082030000

Community Details

Overview

  • Waterman Annex Subdivision

Building Details

  • Electric Expense $600
  • Operating Expense $5,690

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,319

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Acreage: 0.1970
  • Price/ Sq Ft: 89.41
  • Advertising Remarks: Fannie Mae HomePath is offering this Duplex move in ready! Each Unit has 2 Bedroom and 1 bath. There is a 2 car garage on the rear with remote garage door opener and nice size kitchens. Use FHA with 3.5% down or HomePath with 3% down and enjoy low payments with the great financing that is available. Live in one and Rent the other. Market Rents are $700-$800 per month per unit. This property is included in the First Look Initiative. During the first 15 days of Marketing the Seller will only entertain offers from Owner Occupant Buyers. Investor Offers can be submitted anytime but Seller will not negotiate until the 16th day or 06/16/2012 whichever is later.
  • Assessor Parcel Number: 052082030000
  • Street Address: 1540 Orange Ave
  • Street Name Display: True
  • Street Number Display: True
  • Year Built: 1956
  • Builders Tract Name: Waterman Annex
  • State Abbrv: CA
  • Sale Agent Board: OUT OF AREA BOARD
  • Sale Agent Broker I D: IC2258
  • Sale Agent Cell: 760-791-7421
  • Sale Agent Email: Ld_middleton@yahoo.com
  • Sale Agent Fax: 760-457-2527
  • Sale Agent First Name: Linda
  • Sale Agent I D: IC3202
  • Sale Agent Last Name: Middleton
  • Sale Agent License Number: 01748779
  • Sale Agent Office I D: IC3428
  • Sale Agent Office Phone: 760-352-7700
  • Sale Agent Phone: 760-791-7421
  • Sale Broker License Number: 01522700
  • Sale Office Address1: 1523 W. Main Street.
  • Sale Office Address2: Suite 111
  • Sale Office Broker I D: IC2258
  • Sale Office City: El Centro
  • Sale Office Fax: 760-352-7701
  • Sale Office I D: IC3055
  • Sale Office Name: Coldwell Banker The Wilkinson Team
  • Sale Office Phone: 760-352-7700
  • Sale Office State: CA
  • Sale Office Website: http://TheWilkinsonTeam.com
  • Sale Office Zip: 92243
  • Sale Or Lease: Sale
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Lot Improvements: 86300

Interior Features

  • Flooring: Vinyl
  • Equipment: Built-Ins, Oven/Range-Gas
  • Living Area: 1464
  • Total Bathrooms: 2.00
  • Bedrooms: 4

Exterior Features

  • Patio: Patio Open
  • Stories: 1

Utilities

  • Heating: Heat Pump

Lot Info

  • Lot Size Area: 8600
  • Total Assessed Value: 130900

Multi Family

  • ElectricExpense: 600.00
  • Total Annual Expense: 5690
  • Vacancy Allow Percent: 3.00

Tax Info

  • Tax Total: 1550.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2015
Sold by
Jones Daniel W
Bought by
Jones Matthew W and Jones Lacey Kristina
Current Estimated Value
$341,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Outstanding Balance
$85,744
Interest Rate
3.93%
Mortgage Type
Commercial
Estimated Equity
$255,334

Purchase Details

Closed on
Nov 4, 2014
Sold by
Jones Daniel W
Bought by
Jones Daniel W

Purchase Details

Listed on
May 31, 2012
Closed on
Jul 23, 2012
Sold by
Federal National Mortgage Association
Bought by
Jones Daniel W
Seller's Agent
Robert Prince
Prince & Associates Realtors
Buyer's Agent
Linda Middleton
Real Estate eBroker Inc.
List Price
$130,900
Sold Price
$115,500
Premium/Discount to List
-$15,400
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$110,461
Interest Rate
3.65%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2012
Sold by
Camalich Roberto L
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Jones Matthew W -- Chicago Title Company
Jones Daniel W -- None Available
Jones Daniel W $115,500 Servicelink
Federal National Mortgage Association -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Matthew W $108,500
Closed Jones Daniel W $110,461
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2012 07/27/12 Sold $115,500 -11.8% $79 / Sq Ft
07/20/2012 07/20/12 Pending -- -- --
05/31/2012 05/31/12 For Sale $130,900 -- $89 / Sq Ft
Source: Imperial County Association of REALTORS®

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 $2,319 $207,157 $41,429 $165,728
2023 $2,319 $199,115 $39,821 $159,294
2022 $2,214 $195,212 $39,041 $156,171
2021 $2,158 $191,385 $38,276 $153,109
2020 $2,199 $189,424 $37,884 $151,540
2019 $2,133 $185,711 $37,142 $148,569
2018 $2,122 $182,070 $36,414 $145,656
2017 $2,100 $178,500 $35,700 $142,800
2016 $1,421 $119,624 $36,406 $83,218
2015 $1,401 $117,828 $35,860 $81,968
2014 $1,370 $115,521 $35,158 $80,363
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Imperial County Association of REALTORS®

MLS Number: 33497IC

Imperial County Association of REALTORS®

APN: 052-082-030-000