NOT LISTED FOR SALE

485 El Centro Ave El Centro, CA 92243

Estimated Value: $430,248 - $530,000

6 Beds
3 Baths
2,310 Sq Ft
$206/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $385,000 $167 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,890/month

8 Days on Market

Highlights

  • Gated Community
  • Bathtub with Shower
  • Central Air
  • Walk-In Closet
  • Ceramic Tile Flooring
  • 4-minute walk to Sidewinder Park

About This Home

As of June 2022

This home is located at 485 El Centro Ave, El Centro, CA 92243 since 01 June 2022 and is currently estimated at $476,812, approximately $206 per square foot. This property was built in 1980. 485 El Centro Ave is a home located in Imperial County with nearby schools including McKinley Elementary School, Kennedy Middle School, and Southwest High School.

Last Agent to Sell the Property

Aime Peralta

ERA The Real Estate Store License #01713840 Listed on: 06/01/2022

ERA The Real Estate Store

Last Buyer's Agent

Aime Peralta

ERA The Real Estate Store License #01713840 Listed on: 06/01/2022

ERA The Real Estate Store

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,548

Year Built

  • Built in 1980

Lot Details

  • 5,975 Sq Ft Lot
  • Gated Home
  • Wrought Iron Fence

Home Design

  • Permanent Foundation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,310 Sq Ft Home
  • 1-Story Property
  • Brick Wall or Ceiling
  • Ceramic Tile Flooring
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • 3 Carport Spaces
  • Alley Access
  • Driveway
  • Uncovered Parking
  • Assigned Parking

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas, water
  • Assessor Parcel Number 044-423-078-000

Community Details

Building Details

  • 3 Leased Units
  • Fuel Expense $230
  • Operating Expense $6,480

Additional Features

  • 3 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,548

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Accessibility: None
  • Disclosures: None
  • Lot Description: Alley Paved, Gated Community
  • Lot Location: Alley Access
  • Style: Ranch
  • Lot Acreage: 0.1370
  • Price/ Sq Ft: 166.67
  • Additional Assessor Parcel Numbers: False
  • Assessor Parcel Number: 044-423-078-000
  • Probate: False
  • Street Address: 485 EL CENTRO AVE
  • Street Name Display: True
  • Street Number Display: True
  • Year Built: 1980
  • State Abbrv: CA
  • ADA Compliant: False
  • Alley: True
  • Annual C F D Y N: False
  • Building Permit: True
  • Like Units2: 2
  • Like Units3: 3
  • Number Electric Meters: 3
  • R V Access Y N: False
  • Sale Agent Board: OUT OF AREA BOARD
  • Sale Agent Broker I D: IC2777
  • Sale Agent Cell: 760-310-1441
  • Sale Agent Email: aimeperaltarealtor@gmail.com
  • Sale Agent First Name: Aime
  • Sale Agent I D: IC2049
  • Sale Agent Last Name: Peralta
  • Sale Agent License Number: 01713840
  • Sale Agent Office I D: IC3099
  • Sale Agent Office Phone: 760-352-0923
  • Sale Agent Phone: 760-310-1441
  • Sale Agent Website: www.aimeperaltarealtor.com
  • Sale Broker License Number: 01949246
  • Sale Office Address1: 447 W. Aten Rd.
  • Sale Office Address2: Suite 1
  • Sale Office Broker I D: IC2777
  • Sale Office City: Imperial
  • Sale Office Fax: 760-352-0341
  • Sale Office I D: IC3099
  • Sale Office Name: ERA The Real Estate Store
  • Sale Office Phone: 760-352-0923
  • Sale Office State: CA
  • Sale Office Website: www.ivhomeinfo.com
  • Sale Office Zip: 92251
  • Scheduled Actual: Scheduled
  • Unit Actual Rent1: 750.00
  • Unit Actual Rent2: 750.00
  • Unit Actual Rent3: 750.00
  • Unit Baths1: 1.00
  • Unit Baths2: 1.00
  • Unit Baths3: 1.00
  • Unit Beds1: 2
  • Unit Beds2: 2
  • Unit Beds3: 2
  • Unit Furnished1: No
  • Unit Furnished2: No
  • Unit Furnished3: No
  • Unit Projected Rent1: 900
  • Unit Projected Rent2: 900
  • Unit Projected Rent3: 900
  • Unit Rent1: 750.00
  • Unit Rent2: 750.00
  • Unit Rent3: 750.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bathroom Features: Shower Over Tub
  • Bedroom Features: WalkInCloset
  • Flooring: Ceramic Tile
  • Interior Amenities: None
  • Laundry: None
  • Number Range: 3
  • Number Refrigerator: 3
  • Equipment: Oven/Range-Electric, Refrigerator
  • Living Area: 2310
  • Total Bathrooms: 3.00
  • Bedrooms: 6

Exterior Features

  • Construction: Stucco
  • Fence: Brick Wall, Wrought Iron
  • Foundation: Concrete Perimeter, FHA Approved, Permanent
  • Patio: None
  • Roof: Composition, Shingle
  • Spa: None
  • Tennis Court: None
  • Stories: 1
  • Paved: True

Garage/Parking

  • Carport Spaces: 3
  • Covered Parking: 3
  • Other Spaces: 3
  • Garage: Assigned, Driveway - Concrete, Uncovered
  • Total Parking: 6

Utilities

  • Security: Gated, Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: City
  • Sprinklers: None
  • Water: City, IID
  • Water Heater: Gas
  • Cooling: Central
  • Heating: Gas
  • Number Gas Meters: 1
  • Water Meters: 1
  • Water Heaters: True

Condo/Co-op/Association

  • No. of Units: 3

Lot Info

  • Lot Size Area: 5975
  • Additions Alterations: False
  • Total Assessed Value: 235882

Rental Info

  • Number Leased: 3
  • Owner Pays: Gas, Water
  • Lease Per Month Year: Full Term

Building Info

  • Spa Yn: False

Multi Family

  • Gas Expense: 230.00
  • TenantPays: Electricity
  • Water Expense: 1200.00
  • Number Wall A C: 3
  • Total Annual Expense: 6480

Tax Info

  • Tax Expense: 3800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2016
Closed on
Aug 12, 2016
Sold by
Perez Adan and Perez Marissa
Bought by
Lopez Fausto and Diaz Cecilia
Seller's Agent
Matthew Cowie
Prince & Associates Realtors
Buyer's Agent
Gloria Salazar
I-Realty
List Price
$227,000
Sold Price
$220,000
Premium/Discount to List
-$7,000
-3.08%
Current Estimated Value
$476,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,812
Avg. Annual Appreciation
8.74%
Original Mortgage
$165,000
Outstanding Balance
$131,651
Interest Rate
3.48%
Mortgage Type
Commercial
Estimated Equity
$345,161

Purchase Details

Listed on
Sep 29, 2014
Closed on
Oct 17, 2014
Sold by
Villarreal Cervando and Villarreal Elvira
Bought by
Perez Adan and Perez Marissa
Seller's Agent
Socorro Rocha
eXp Realty of California Inc
Buyer's Agent
Emma Holguin
El Dorado Realty
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Original Mortgage
$134,500
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2006
Sold by
Villarreal Cervando
Bought by
Villarreal Cervando and Villarreal Elvira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,250
Interest Rate
6.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2004
Sold by
Villarreal Elvira
Bought by
Villarreal Cervando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 12, 2004
Sold by
Bondoc Ricardo G
Bought by
Villarreal Cervando and Villarreal Elvira

Purchase Details

Closed on
Feb 24, 2004
Sold by
Bondoc Lucia C
Bought by
Bondoc Ricardo G
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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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
Lopez Fausto $220,000 Chicago Title Company
Perez Adan $210,000 Chicago Title Company
Villarreal Cervando -- Stewart Title Of Ca Inc
Villarreal Cervando -- Chicago Title Co
Villarreal Cervando $178,000 Chicago Title Co
Bondoc Ricardo G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Fausto $165,000
Previous Owner Perez Adan $134,500
Previous Owner Villarreal Cervando $159,250
Previous Owner Villarreal Cervando $151,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2022 06/09/22 Sold $385,000 0.0% $167 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $385,000 +75.0% $167 / Sq Ft
09/13/2016 09/13/16 Sold $220,000 -3.1% $95 / Sq Ft View Prior Sale
08/10/2016 08/10/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $227,000 +8.1% $98 / Sq Ft
11/21/2014 11/21/14 Sold $210,000 -4.5% $91 / Sq Ft View Prior Sale
11/01/2014 11/01/14 Pending -- -- --
09/29/2014 09/29/14 For Sale $220,000 -- $95 / 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 $4,548 $408,564 $63,672 $344,892
2023 $4,548 $392,700 $61,200 $331,500
2022 $2,737 $240,598 $49,212 $191,386
2021 $2,669 $235,882 $48,248 $187,634
2020 $2,719 $233,465 $47,754 $185,711
2019 $2,637 $228,888 $46,818 $182,070
2018 $2,623 $224,400 $45,900 $178,500
2017 $2,597 $220,000 $45,000 $175,000
2016 $2,516 $213,202 $40,610 $172,592
2015 $2,480 $210,000 $40,000 $170,000
2014 $1,784 $150,000 $51,180 $98,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Imperial County Association of REALTORS®

MLS Number: 22165913IC

Imperial County Association of REALTORS®

APN: 044-423-078-000