Seller's Agent in 2018
Eric Wilson
West Coast Investments
(619) 415-4772
17 in this area
23 Total Sales
528 7th St Imperial Beach, CA 91932
Estimated Value: $856,000 - $1,014,000
4
Beds
2
Baths
1,620
Sq Ft
$582/Sq Ft
Est. Value
Highlights
- Property Fronts a Bay or Harbor
- Private Yard
- Level Lot
- Home fronts a lagoon or estuary
- Partially Fenced Property
- West of 5 Freeway
About This Home
As of February 2018Variance Granted for Residential. Fixer on a developable lot with the San Diego Bay Wildlife Refuge as its backyard. Per current R-3000-D zoning, the 7,497 square foot lot is big enough to build two detached homes, potentially with views of San Diego Bay, Silver Strand and even more. Make immediate rental income with the current 4 bed, 2 bath, 1,620 square foot home. Value is in the land, so take advantage of this rare opportunity to buy a lot with unobstructed bay views this close to the water... Location, location, location! On top of having unobstructed views, this lot will benefit from the improvements being made to the area. Plans to underground telephone lines and add a bike path that connects to the Bayshore Bikeway will enhance westerly views; and provide even better, easier and safer access by bicycle to Coronado and the heart of Imperial Beach. This lot is centrally located to everything in Imperial Beach and beyond including the new Breakwater Shopping Center just a few blocks south, a short bike ride to the beach, and just two stoplights before the Strand and quick scenic drive to Coronado. With the current zoning and development potential, the possibilities are endless. Build two brand new houses to rent, sell, or live in one and rent / sell the other!
Last Agent to Sell the Property
West Coast Investments License #01725531 Listed on: 01/16/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,376
Year Built
- Built in 1971
Lot Details
- 7,492 Sq Ft Lot
- Home fronts a lagoon or estuary
- Property Fronts a Bay or Harbor
- Partially Fenced Property
- Level Lot
- Private Yard
- Property is zoned R-3000-D
Property Views
- Bay
- Lagoon
Interior Spaces
- 1,620 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Parking Spaces
- Driveway
Additional Features
- West of 5 Freeway
- Separate Water Meter
Listing and Financial Details
- Assessor Parcel Number 626-070-43-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 16, 2018
Closed on
Feb 9, 2018
Sold by
Ferrell Georgia C
Bought by
Ferrell David A
Seller's Agent
Eric Wilson
West Coast Investments
Buyer's Agent
Kenneth Pecus
eXp Realty of California, Inc
List Price
$620,000
Sold Price
$580,000
Premium/Discount to List
-$40,000
-6.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,118
Avg. Annual Appreciation
5.97%
Original Mortgage
$401,000
Outstanding Balance
$341,586
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$554,036
Purchase Details
Listed on
Jan 16, 2018
Closed on
Feb 2, 2018
Sold by
Seacoast 630 Llc
Bought by
Ferrell David A
Seller's Agent
Eric Wilson
West Coast Investments
Buyer's Agent
Kenneth Pecus
eXp Realty of California, Inc
List Price
$620,000
Sold Price
$580,000
Premium/Discount to List
-$40,000
-6.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,000
Outstanding Balance
$341,586
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$554,036
Purchase Details
Closed on
Aug 25, 2015
Sold by
Wilson Eric
Bought by
Seacoast 630 Llc
Purchase Details
Closed on
Mar 11, 2009
Sold by
The Bank Of New York
Bought by
Four Granger Llc
Purchase Details
Closed on
Sep 18, 2008
Sold by
Agbayani Orlino L and Agbayani Rosie B
Bought by
The Bank Of New York
Purchase Details
Closed on
May 25, 2006
Sold by
Agbayani Orlino L and Agbayani Rosie B
Bought by
Agbayani Orlino L and Agbayani Rosie B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 29, 1984
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ferrell David A | -- | Ticor Title San Diego Branch | |
| Ferrell David A | $580,000 | Ticor Title San Diego Branch | |
| Seacoast 630 Llc | -- | None Available | |
| Wilson Eric | -- | None Available | |
| Four Granger Llc | $225,000 | Lawyers Title Company | |
| The Bank Of New York | $268,089 | Fidelity National Title | |
| Agbayani Orlino L | -- | Southland Title | |
| -- | $85,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ferrell David A | $120,000 | |
| Open | Ferrell David A | $401,000 | |
| Previous Owner | Agbayani Orlino L | $343,000 | |
| Previous Owner | Agbayani Orlino L | $211,000 | |
| Previous Owner | Agbayani Orlino L | $106,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2018 02/28/18 | Sold | $580,000 | -0.9% | $358 / Sq Ft |
| 01/29/2018 01/29/18 | Pending | -- | -- | -- |
| 01/26/2018 01/26/18 | Price Changed | $585,000 | -5.6% | $361 / Sq Ft |
| 01/23/2018 01/23/18 | For Sale | $620,000 | 0.0% | $383 / Sq Ft |
| 01/18/2018 01/18/18 | Pending | -- | -- | -- |
| 01/16/2018 01/16/18 | For Sale | $620,000 | -- | $383 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $8,376 | $659,935 | $477,885 | $182,050 |
| 2024 | $8,376 | $646,996 | $468,515 | $178,481 |
| 2023 | $8,130 | $634,311 | $459,329 | $174,982 |
| 2022 | $8,500 | $621,874 | $450,323 | $171,551 |
| 2021 | $8,040 | $609,682 | $441,494 | $168,188 |
| 2020 | $7,833 | $603,432 | $436,968 | $166,464 |
| 2019 | $7,572 | $591,600 | $428,400 | $163,200 |
| 2018 | $3,974 | $254,526 | $135,807 | $118,719 |
| 2017 | $140 | $249,537 | $133,145 | $116,392 |
| 2016 | $3,804 | $244,645 | $130,535 | $114,110 |
| 2015 | $3,701 | $240,971 | $128,575 | $112,396 |
| 2014 | $3,493 | $236,252 | $126,057 | $110,195 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Wilson
-
Cody Michaelis
Seller Co-Listing Agent in 2018
Cody Michaelis
eXp Realty of Southern California, Inc.
(619) 972-0007
34 in this area
52 Total Sales
-
Kenneth Pecus
Buyer's Agent in 2018
Kenneth Pecus
eXp Realty of California, Inc
(619) 977-8419
2 in this area
186 Total Sales
-
Thad Ryan
Buyer Co-Listing Agent in 2018
Thad Ryan
eXp Realty of California, Inc
(619) 864-2321
57 Total Sales
-
D
Buyer Co-Listing Agent in 2018
DAVID ALEXANDER
Berkshire Hathaway HomeService
Map
Source: San Diego MLS
MLS Number: 180002706
APN: 626-070-43
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