NOT LISTED FOR SALE

202 Maple Ave El Centro, CA 92243

Estimated Value: $501,000 - $523,000

8 Beds
4 Baths
2,080 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $250,000 $120 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,933/month

11 Days on Market

Highlights

  • Living Room
  • Forced Air Heating and Cooling System
  • Vinyl Flooring
  • Tankless Water Heater

About This Home

As of October 2016

Fantastic Investment Opportunity!!! Turn Key, Cash Flow Ready!!! Call James Garcia at 760-562-7280. This 4-plex has been remodeled from head to toe. Each unit includes 2 bedrooms and 1 bath. NEW EXTERIOR: Stucco, Roof, Staircase; NEW UTILITIES: Tankless water heaters, electrical, AC units and ducts; NEW INTERIOR: Drywall with R-13 insulation in walls, commercial grade vinyl tile, dual pane window, total kitchen, range stove/oven, refrigerator, garbage disposal, complete bathroom. BTW: 204 Maple is also for sale. 202 & 204 Maple Ave, are virtually identical. The sale is subject to court approval.

Last Agent to Sell the Property

James Garcia

Capital Real Estate License #01767515 Listed on: 06/13/2016

Last Buyer's Agent

Joseph McCormack

Real Estate One of IV License #01127866

Real Estate One of IV

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 7,428 Sq Ft Lot
  • Chain Link Fence

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,080 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Vinyl Flooring
  • Fire and Smoke Detector

Kitchen

  • Gas Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

  • 4 Units
  • Petersons & Laporte Add 02 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053404024000

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Disclosures: None
  • Lot Acreage: 0.1710
  • Price/ Sq Ft: 120.19
  • Advertising Remarks: Fantastic Investment Opportunity!!! Turn Key, Cash Flow Ready!!! Call James Garcia at 760-562-7280. This 4-plex has been remodeled from head to toe. Each unit includes 2 bedrooms and 1 bath. NEW EXTERIOR: Stucco, Roof, Staircase; NEW UTILITIES: Tankless water heaters, electrical, AC units and ducts; NEW INTERIOR: Drywall with R-13 insulation in walls, commercial grade vinyl tile, dual pane window, total kitchen, range stove/oven, refrigerator, garbage disposal, complete bathroom. BTW: 204 Maple is also for sale. 202 & 204 Maple Ave, are virtually identical. The sale is subject to court approval.
  • Assessor Parcel Number: 053404024000
  • Probate: False
  • Street Address: 202 MAPLE AVE
  • Street Name Display: True
  • Street Number Display: True
  • Year Built: 1989
  • Builders Tract Name: Petersons & Laporte Add 02
  • State Abbrv: CA
  • Annual C F D Y N: False
  • Like Units2: 2
  • Like Units3: 3
  • Like Units4: 4
  • Sale Agent Board: OUT OF AREA BOARD
  • Sale Agent Broker I D: IC2063
  • Sale Agent Cell: 760-336-1045
  • Sale Agent Email: joenwrealty@yahoo.com
  • Sale Agent Fax: 888-858-0443
  • Sale Agent First Name: Joseph
  • Sale Agent I D: IC2506
  • Sale Agent Last Name: McCormack
  • Sale Agent License Number: 01127866
  • Sale Agent Office I D: IC3433
  • Sale Agent Office Phone: 760-353-5444
  • Sale Agent Phone: 760-336-1045
  • Sale Broker License Number: 00913707
  • Sale Office Address1: 1850 W. Main St, Suite G
  • Sale Office Broker I D: IC2063
  • Sale Office City: El Centro
  • Sale Office Fax: 760-370-9360
  • Sale Office I D: IC3433
  • Sale Office Name: Real Estate One of IV
  • Sale Office Phone: 760-353-5444
  • Sale Office State: CA
  • Sale Office Zip: 92243
  • Scheduled Actual: Actual
  • Unit Baths1: 1.00
  • Unit Baths2: 1.00
  • Unit Baths3: 1.00
  • Unit Baths4: 1.00
  • Unit Beds1: 2
  • Unit Beds2: 2
  • Unit Beds3: 2
  • Unit Beds4: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl Tile
  • Laundry: None
  • Number Disposal: 4
  • Number Range: 4
  • Number Refrigerator: 4
  • Equipment: Garbage Disposal, Hood Fan, Oven/Range-Gas, Refrigerator
  • Living Area: 2080
  • Total Bathrooms: 4.00
  • Bedrooms: 8

Exterior Features

  • Construction: Stucco
  • Fence: Chain Link
  • Foundation: Slab
  • Roof: Asphalt
  • View: False
  • Stories: 2

Garage/Parking

  • Other Spaces: 4
  • Garage: Driveway, Driveway - Concrete, On street
  • Total Parking: 4

Utilities

  • Security: Smoke Detector
  • Sewer: City
  • Water: City
  • Water Heater: Tankless
  • Cooling: Air Conditioning, Central, Electric
  • Heating: Central, CFAE, Electric
  • Water Heaters: True

Condo/Co-op/Association

  • No. of Units: 4

Lot Info

  • Lot Size Area: 7428

Rental Info

  • Owner Pays: Other
  • RentControlYN: False

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2018
Sold by
Vasquez Carlos
Bought by
Maple Rentals Llc
Current Estimated Value
$509,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$783,237
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
-$274,237

Purchase Details

Listed on
Jun 13, 2016
Closed on
Oct 21, 2016
Sold by
Griswold Richardson C
Bought by
Vasquez Carlos
Seller's Agent
James Garcia
Capital Real Estate
Buyer's Agent
Joseph McCormack
Real Estate One of IV
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$187,500
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 2006
Sold by
Lewis Norman and Lewis Mary V
Bought by
Lewis Norman and Lewis Mary V

Purchase Details

Closed on
Jan 7, 2000
Sold by
Norman Lewis
Bought by
Lewis Norman D and Lewis Mary V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
7.84%
Mortgage Type
Commercial
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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Purchase History

Date Buyer Sale Price Title Company
Maple Rentals Llc -- Orange Coast Title Company
Vasquez Carlos $250,000 Trgc
Lewis Norman -- None Available
Lewis Norman D -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maple Rentals Llc $900,000
Previous Owner Vasquez Carlos $187,500
Previous Owner Lewis Norman D $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2016 10/31/16 Sold $250,000 0.0% $120 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $250,000 -- $120 / 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 $3,264 $290,140 $87,041 $203,099
2023 $3,264 $278,875 $83,662 $195,213
2022 $3,117 $273,408 $82,022 $191,386
2021 $3,039 $268,048 $80,414 $187,634
2020 $3,100 $265,301 $79,590 $185,711
2019 $3,007 $260,100 $78,030 $182,070
2018 $2,991 $255,000 $76,500 $178,500
2017 $2,961 $250,000 $75,000 $175,000
2016 $1,598 $131,669 $4,863 $126,806
2015 $1,575 $129,692 $4,790 $124,902
2014 $1,541 $127,153 $4,697 $122,456
Source: Public Records

Agents Affiliated with this Home

  • James Garcia

    Seller's Agent in 2016

    James Garcia

    Capital Real Estate

    (760) 562-7280

    110 Total Sales

    James Garcia
    Section Image
  • Joseph McCormack

    Buyer's Agent in 2016

    Joseph McCormack

    Real Estate One of IV

    (760) 336-1045

    38 Total Sales

    Joseph McCormack
    Section Image
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Map

Source: Imperial County Association of REALTORS®

MLS Number: 16135452IC

Imperial County Association of REALTORS®

APN: 053-404-024-000

California Imperial County El Centro 92243

202 Maple Ave, El Centro, CA

Not Listed for Sale

MultiFamily

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