NOT LISTED FOR SALE

243 Palm Ave Imperial Beach, CA 91932

Estimated Value: $1,019,439

3 Beds
3 Baths
2,376 Sq Ft
$429/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2016

Last sale price $630,000 $265 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,250 / mo

13 Days on Market

About This Home

As of August 2016

Mixed use zoning, a short walk to the beach. 245 is currently a barber shop, with newer roof and an old walk-in cooler. 245 also has an attached 1 bedroom, 1 bath refurbished unit and attached laundry room. 243 is a detached refurbished, 2 bedroom 1.5 bath, with ceramic tile floors unit. Buyer to satisfy self and verify measurements, zoning, allowable uses and other information. Do not disturb tenants. Between the units is a gated fence to access a carport or patio with storage lockers with sliding doors. Neighborhoods: Silver Strand Beach Gardens Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 243 Unit # for Unit 2: 245 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Robert Holaday

Coldwell Banker West License #01059653 Listed on: 07/01/2016

Coldwell Banker West

Co-Listed By

Maxine McWilliams

Coldwell Banker West License #01105783

Last Buyer's Agent

Robert Holaday

Coldwell Banker West License #01059653 Listed on: 07/01/2016

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 4,992

Home Design

  • Rolled or Hot Mop Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • No Heating
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • 4,992 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for trash collection, water, cable TV, electricity, gas
  • Assessor Parcel Number 6252010600

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • NK

Building Details

  • Net Operating Income $20,041

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

4,992 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 3.13
  • Park Name: NK
  • Subdivision Name Other: Imperial Beach
  • View: No
  • Zoning: CL-C1500
  • Property Type: Residential Income
  • Parcel Number: 6252010600
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Pool Private: No
  • Roof: Composition, Rolled/Hot Mop
  • Spa: No

Utilities

  • Heating: No
  • Appliances: Gas Water Heater

Lot Info

  • Lot Size Sq Ft: 4992.00
  • Lot Size Acres: 0.1200

Rental Info

  • Tenant Pays: Trash Collection, Water, Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 26400.00
  • Lot Size Area: 4992.0000 Square Feet
  • Net Operating Income: 20041.00
  • Number Of Units Total: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2016
Closed on
Jul 12, 2016
Sold by
Bought by
Seller's Agent
Robert Holaday
Coldwell Banker West
Buyer's Agent
Robert Holaday
Coldwell Banker West
List Price
$630,000
Sold Price
$630,000
Current Estimated Value
$1,019,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,439
Avg. Annual Appreciation
5.01%

Purchase Details

Closed on
Jun 14, 2010
Sold by
Bought by

Purchase Details

Closed on
Dec 20, 1990
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$631,000 Lawyers Title Company
$397,500 Lawyers Title Company
$225,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/17/2016 08/17/16 Sold $630,000 0.0% $265 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $630,000 -- $265 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,924 $732,092 $528,993 $203,099
2024 $8,924 $717,738 $518,621 $199,117
2023 $9,861 $703,665 $508,452 $195,213
2022 $9,314 $689,869 $498,483 $191,386
2021 $8,530 $676,343 $488,709 $187,634
2020 $8,589 $669,409 $483,698 $185,711
2019 $8,320 $656,284 $474,214 $182,070
2018 $8,049 $643,416 $464,916 $178,500
2017 $8,327 $630,800 $455,800 $175,000
2016 $5,711 $430,196 $216,451 $213,745
2015 $5,359 $423,735 $213,200 $210,535
2014 $5,362 $415,435 $209,024 $206,411
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Robert Holaday

    Coldwell Banker West

    Section Image

  • M

    Seller Co-Listing Agent in 2016

    Maxine McWilliams

    Coldwell Banker West

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160036593

California Regional Multiple Listing Service (CRMLS)

APN: 625-201-06

California San Diego County Imperial Beach 91932

243 Palm Ave, Imperial Beach, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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