NOT LISTED FOR SALE

204 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
  • Laundry closet
  • Vinyl Flooring
  • Tankless Water Heater
  • Forced Air Heating and Cooling System

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. Call your Realtor, today! BTW: 204 Maple is also for sale. 202 & 204 Maple Ave, are virtually identical. The sale is subject to court approval. All units are vacant, remodel was recently completed. Seller has not rented the units, so that the new owner can set their own terms, and rates, with their future tenants.

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 1991

Lot Details

  • 5,987 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
  • Laundry closet

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 053404025000

Property Details

Home Type

Multi-Family

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Disclosures: Court Approval Required
  • Lot Acreage: 0.1370
  • Price/ Sq Ft: 120.00
  • Additional Assessor Parcel Numbers: False
  • 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. Call your Realtor, today! BTW: 204 Maple is also for sale. 202 & 204 Maple Ave, are virtually identical. The sale is subject to court approval. All units are vacant, remodel was recently completed. Seller has not rented the units, so that the new owner can set their own terms, and rates, with their future tenants.
  • Assessor Parcel Number: 053404025000
  • Street Address: 204 MAPLE AVE
  • Street Name Display: True
  • Street Number Display: True
  • Year Built: 1991
  • 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: Laundry Area
  • 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 - Concrete, On street
  • Total Parking: 4
  • Garage Structures: 4

Utilities

  • 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: 5987

Rental Info

  • Owner Pays: Other

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
8.05%
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: 16135456IC

Imperial County Association of REALTORS®

APN: 053-404-024-000

California Imperial County El Centro 92243

204 Maple Ave, El Centro, CA

Not Listed for Sale

MultiFamily

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