NOT LISTED FOR SALE

506 S 3rd St Unit 508 El Centro, CA 92243

Estimated Value: $322,000 - $387,000

5 Beds
4 Baths
2,080 Sq Ft
$167/Sq Ft Est. Value

Last Sold March 27, 2019

Last sale price $218,500 $105 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,163/month

12 Days on Market

Highlights

  • Air Conditioning
  • Central Heating
  • 1-Story Property
  • Living Room
  • Carpet

About This Home

As of March 2019

This home is located at 506 S 3rd St Unit 508, El Centro, CA 92243 since 19 January 2019 and is currently estimated at $347,984, approximately $167 per square foot. This property was built in 1967. 506 S 3rd St Unit 508 is a home located in Imperial County with nearby schools including Washington Elementary, Wilson Jr. High, and Central Union High School.

Last Agent to Sell the Property

Christa Mostrong

Duflock & Associates Real Estate License #01225213 Listed on: 01/19/2019

Last Buyer's Agent

Joseph McCormack

Real Estate One of IV License #01127866

Real Estate One of IV

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,740

Year Built

  • Built in 1967

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 60x140

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Living Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Utilities

  • Air Conditioning
  • Central Heating
  • Electric Water Heater

Community Details

  • 3 Units
  • 3 Leased Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 053281008000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,740

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Disclosures: As Is
  • Lot Acreage: 0.1930
  • Lot Size: 60x140
  • Price/ Sq Ft: 103.37
  • Additional Assessor Parcel Numbers: False
  • Assessor Parcel Number: 053281008000
  • Street Address: 506 S 3RD ST
  • Street Name Display: True
  • Street Number Display: True
  • Year Built: 1967
  • State Abbrv: CA
  • Annual C F D Y N: False
  • Like Units1: 506
  • Like Units2: 508
  • Like Units3: 510
  • Number Of Photos: 2
  • R V Access Y N: False
  • 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 Actual Rent1: 900.00
  • Unit Actual Rent2: 600.00
  • Unit Actual Rent3: 600.00
  • Unit Baths1: 2.00
  • Unit Baths2: 1.00
  • Unit Baths3: 1.00
  • Unit Beds1: 3
  • Unit Beds2: 1
  • Unit Beds3: 1
  • Unit Projected Rent1: 900
  • Unit Projected Rent2: 600
  • Unit Projected Rent3: 600
  • Unit Rent1: 900.00
  • Unit Rent2: 600.00
  • Unit Rent3: 600.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Laundry: Other
  • Equipment: None
  • Living Area: 2080
  • Total Bathrooms: 4.00
  • Bedrooms: 5

Exterior Features

  • Roof: Composition, Shingle
  • Stories: 1

Garage/Parking

  • Other Spaces: 3
  • Garage: Driveway
  • Total Parking: 3

Utilities

  • Sewer: City
  • Water: City
  • Water Heater: Electric
  • Cooling: Air Conditioning
  • Heating: Central
  • Water Heaters: True

Condo/Co-op/Association

  • No. of Units: 3

Lot Info

  • Lot Size Area: 8400

Rental Info

  • Number Leased: 3
  • Owner Pays: Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2019
Closed on
Feb 21, 2019
Sold by
Ramirez Anita
Bought by
Ruiz Francisco and Ruiz Maria Nohemi
Seller's Agent
Christa Mostrong
Duflock & Associates Real Estate
Buyer's Agent
Joseph McCormack
Real Estate One of IV
List Price
$215,000
Sold Price
$218,500
Premium/Discount to List
$3,500
1.63%
Current Estimated Value
$350,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,731
Avg. Annual Appreciation
7.20%
Original Mortgage
$163,850
Outstanding Balance
$145,221
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$195,013

Purchase Details

Closed on
Oct 15, 2018
Sold by
Art Ramirez and Ramirez Anita L
Bought by
Art Ramirez and Ramirez Anita L

Purchase Details

Closed on
Jan 6, 2010
Sold by
Garibay Jose Luis and Garibay Karla T
Bought by
Ramirez Art and Ramirez Anita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage
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
Ruiz Francisco $218,500 Stewart Title Of Ca Inc
Art Ramirez -- None Available
Ramirez Art $150,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Francisco $163,850
Previous Owner Ramirez Art $281,290
Previous Owner Ramirez Art $266,250
Previous Owner Garibay Jose Luis $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2019 03/27/19 Sold $218,500 +1.6% $105 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
01/19/2019 01/19/19 For Sale $215,000 -- $103 / 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
2023 $2,740 $234,273 $69,691 $164,582
2022 $2,616 $229,680 $68,325 $161,355
2021 $2,551 $225,178 $66,986 $158,192
2020 $2,599 $222,870 $66,300 $156,570
2019 $2,015 $173,564 $46,283 $127,281
2018 $2,005 $170,162 $45,376 $124,786
2017 $1,985 $166,827 $44,487 $122,340
2016 $1,945 $163,557 $43,615 $119,942
2015 $1,917 $161,101 $42,960 $118,141
2014 $1,875 $157,946 $42,119 $115,827
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Imperial County Association of REALTORS®

MLS Number: 19427460IC

Imperial County Association of REALTORS®

APN: 053-281-008-000