NOT LISTED FOR SALE

218 Sterling Ct Calexico, CA 92231

Estimated Value: $578,012 - $639,000

4 Beds
4 Baths
3,600 Sq Ft
$171/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $360,000 $100 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,737/month

35 Days on Market

Highlights

  • Fireplace in Kitchen
  • Tile Flooring
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of November 2018

Great income opportunity in the growing city of Calexico. These 4 units are also less than 2 miles from the Mexicali border for short-term Airbnb investors that are looking for high volume rentals.The Building boast 4 identical units, each of the units featuring 2 bedrooms and 1.5 bath central cooling and heating serviced yearly along with an assigned carport and private patio area. The building is tucked away in a calm residential neighborhood conveniently located minutes from Elementary and high schools. .

Last Agent to Sell the Property

Jesus Gaspar Don Juan

Your Favorite Lenders, Inc License #02016634 Listed on: 06/25/2018

Your Favorite Lenders, Inc

Last Buyer's Agent

Jesus Gaspar Don Juan

Your Favorite Lenders, Inc License #02016634 Listed on: 06/25/2018

Your Favorite Lenders, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,684

Year Built

  • Built in 1965

Lot Details

  • 8,082 Sq Ft Lot
  • No Common Walls
  • No Landscaping
  • Level Lot

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,600 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room with Fireplace

Kitchen

  • Gas Cooktop
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 9
  • Tax Tract Number 1
  • Assessor Parcel Number 058153018000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Fuel Expense $560
  • Trash Expense $1,400
  • Water Sewer Expense $3,100
  • New Taxes Expense $4,400
  • Operating Expense $9,460
  • Gross Income $36,900
  • Net Operating Income $31,675

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,684

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: Stoves
  • Other Phone Description: 7147254055
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 3100.00
  • Property Type: Residential Income
  • Parcel Number: 058153018000
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Fireplace Features: Dining Room, Kitchen, Living Room
  • Levels: Two
  • Price Per Square Foot: 100.00
  • Room Type: All Bedrooms Up

Exterior Features

  • Foundation: Slab
  • Fence: No
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Cooktop
  • Heating Type: Central
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 1400.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, No Landscaping
  • Lot Size Sq Ft: 8082.00

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Fuel Expense: 560.00
  • Gross Income: 36900.00
  • Gross Scheduled Income: 36900.00
  • Net Operating Income: 31675.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 5225.00
  • Rent Control: No
  • Total Expenses: 9460.00

Tax Info

  • New Taxes Expense: 4400.00
  • Tax Lot: 9
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2019
Sold by
Calatayud Graciela
Bought by
Calatayud Graciela and The Graciela Calatayud Revocab
Current Estimated Value
$615,503

Purchase Details

Listed on
Jun 25, 2018
Closed on
Nov 2, 2018
Sold by
Ham Memi G
Bought by
Calatayud Graciela
Seller's Agent
Jesus Gaspar Don Juan
Your Favorite Lenders, Inc
Buyer's Agent
Jesus Gaspar Don Juan
Your Favorite Lenders, Inc
List Price
$399,995
Sold Price
$360,000
Premium/Discount to List
-$39,995
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$270,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2006
Sold by
Ham Ramona
Bought by
Ham Memi G

Purchase Details

Closed on
Jul 18, 2005
Sold by
Moreno Maria Amparo
Bought by
Ham Ramona and Ham Memi

Purchase Details

Closed on
Jul 15, 2005
Sold by
Cruz Rosa Maria Gutierrez
Bought by
Moreno Maria Amparo
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
Calatayud Graciela -- Accommodation
Calatayud Graciela $360,000 Pacific Coast Title
Ham Memi G -- None Available
Ham Ramona $400,000 Chicago Title
Moreno Maria Amparo $142,527 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calatayud Graciela $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2018 11/02/18 Sold $360,000 -10.0% $100 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $399,995 -- $111 / 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 $5,684 $468,513 $83,661 $384,852
2023 $5,684 $450,321 $80,413 $369,908
2022 $5,504 $441,492 $78,837 $362,655
2021 $5,342 $432,837 $77,292 $355,545
2020 $5,144 $428,400 $76,500 $351,900
2019 $4,995 $420,000 $75,000 $345,000
2018 $3,574 $297,138 $51,999 $245,139
2017 $3,381 $297,138 $51,999 $245,139
2016 $3,290 $297,138 $51,999 $245,139
2015 $3,282 $297,138 $51,999 $245,139
2014 $3,268 $297,138 $51,999 $245,139
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18152339

California Regional Multiple Listing Service (CRMLS)

APN: 058-153-018-000