NOT LISTED FOR SALE

Estimated Value: $1,052,355 - $1,372,000

4 Beds
2 Baths
1,812 Sq Ft
$641/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $540,000 $298 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $6,817/month

27 Days on Market

Highlights

  • Ocean View
  • Heating System Uses Natural Gas
  • 1-Story Property
  • Partially Fenced Property

About This Home

As of September 2014

Calling all investors and smart buyers! Fully remodeled duplex just three blocks from the beach! Perfect location in beautiful-up-and-coming area of Imperial Beach. Live in one, rent the other. Featuring brand new kitchens and bathrooms, new paint inside and out, new carpet and new appliances, new sod and sprinkler system. Washer and dryer hook-ups in each unit. Have a picture-perfect sunset view right at your fingertips! Awesome location! A must see! BRING ALL OFFERS!!! SELLER IS HIGHLY MOTIVATED!!! The seller has never occupied the property and has very limited knowledge of property condition or history. This home is being sold in its current as-is condition. The buyer is to complete thorough investigations before close of escrow. The buyer/agent shall verify all information contained herein before close of escrow. Information contained herein is deemed reliable but is not guaranteed. Neighborhoods: Silver Strand Gardens Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 2: 348 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Carlos Garcia

The Associates Realty Group License #01746241 Listed on: 07/25/2014

Co-Listed By

George Wood

Real Estate eBroker, Inc. License #01907938

Last Buyer's Agent

Leo Gonzalez

FOSTER HAMILTON Real Estate License #01708425

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • Partially Fenced Property
  • Sprinkler System

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 6252931900

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Subdivision Name Other: Imperial Beach
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 6252931900
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • View: Ocean
  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas

Lot Info

  • Lot Features: Sprinkler System

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2014
Closed on
Aug 26, 2014
Sold by
Ciprian Investments Llc
Bought by
Crenshaw Daniel and Blake Tara
Seller's Agent
Carlos Garcia
The Associates Realty Group
Buyer's Agent
Leo Gonzalez
FOSTER HAMILTON Real Estate
List Price
$540,000
Sold Price
$540,000
Current Estimated Value
$1,161,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$621,839
Avg. Annual Appreciation
7.02%
Original Mortgage
$406,500
Outstanding Balance
$310,626
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$851,213

Purchase Details

Closed on
Mar 11, 2014
Sold by
Atchley Andrew D
Bought by
Ciprian Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
4.3%
Mortgage Type
Unknown
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

Date Buyer Sale Price Title Company
Crenshaw Daniel $542,000 Chicago Title Company
Ciprian Investments Llc $405,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crenshaw Daniel $406,500
Previous Owner Ciprian Investments Llc $377,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2014 09/19/14 Sold $540,000 0.0% $298 / Sq Ft
08/21/2014 08/21/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $540,000 -- $298 / 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 $8,743 $648,991 $360,551 $288,440
2024 $8,743 $636,267 $353,482 $282,785
2023 $8,486 $623,792 $346,551 $277,241
2022 $8,092 $611,561 $339,756 $271,805
2021 $7,628 $599,571 $333,095 $266,476
2020 $7,844 $593,424 $329,680 $263,744
2019 $7,548 $581,789 $323,216 $258,573
2018 $7,272 $570,382 $316,879 $253,503
2017 $140 $559,199 $310,666 $248,533
2016 $6,941 $548,235 $304,575 $243,660
2015 $7,135 $540,000 $300,000 $240,000
2014 $1,620 $94,186 $32,015 $62,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140040932

California Regional Multiple Listing Service (CRMLS)

APN: 625-293-19