NOT LISTED FOR SALE

Estimated Value: $856,481 - $1,050,000

4 Beds
2 Baths
1,176 Sq Ft
$800/Sq Ft Est. Value

Last Sold May 06, 2014

Last sale price $350,000 $298 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $5,457/month

44 Days on Market

About This Home

As of May 2014

Probate. Duplex with 2 - 2br/1ba units. Close to the bay. Quiet neighborhood. Excellent opportunity for investor. Units needs some TLC. Lower rents with upward potential. 1.This is a probate sale. Seller will provide a termite report and section 1 termite clearance only. With the exception of section termite clearance the property is to be sold as is. 2. All offers must be submitted on CAR form for PPA. No Exceptions! 3. All offers must be open long enough to afford the personal representatives at least 15 days to provide "Notice of Proposed action" to all heirs/beneficiaries prior to acceptance.4. The sale is not subject to court confirmation or overbid. 5. Seller is exempt from TDS disclosure. 5. Property to be sold as-is in it's present condition. Neighborhoods: Imperial Beach Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 535 Unit # for Unit 2: 537 Unit 1 Parking Spaces: 0 Unit 2 Parking Spaces: 0 Number of Furnished Units: 0

Last Agent to Sell the Property

Clayton Madisen

Leadingham Realty Inc. License #01074535 Listed on: 01/23/2014

Last Buyer's Agent

Frank Huerta

Francisco Huerta, Broker License #01763639

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,585

Year Built

  • Built in 1947

Lot Details

  • 7,405

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • 7,405 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 5359th91932
  • Assessor Parcel Number 6260904000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,585

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Subdivision Name Other: Imperial Beach
  • Property Type: Residential Income
  • Parcel Number: 6260904000
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Composition

Utilities

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

Lot Info

  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 15036.00
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 5359th91932

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2023
Sold by
Ortega Favio D and Ortega Gina J
Bought by
Ortega Enterprises Llc
Current Estimated Value
$940,620

Purchase Details

Closed on
Jul 10, 2023
Sold by
Ortega Favio D
Bought by
Ortega Favio D and Ortega Gina J

Purchase Details

Closed on
Jul 16, 2021
Sold by
Ortega Favio D and Ortega Gina J
Bought by
Ortega Favio David and Ortega Gina Janine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$602,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2021
Sold by
Ortega Favio D and Ortega Gina J
Bought by
Ortega Favio D and Ortega Gina J

Purchase Details

Closed on
Dec 19, 2019
Sold by
Ortega Favio David and Ortega Gina Janine
Bought by
Ortega Favio David and Ortega Gina Janine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2015
Sold by
Ortega Prado Favio David and Ortega Gina Janine
Bought by
Ortega Prado Favio David and Ortega Gina Janine

Purchase Details

Listed on
Jan 23, 2014
Closed on
Mar 11, 2014
Sold by
Gutierrez Elena and Mittleman Arlissa
Bought by
Ortega Prado Favio David and Arias Gina Janine
Seller's Agent
Clayton Madisen
Leadingham Realty Inc.
Buyer's Agent
Frank Huerta
Francisco Huerta, Broker
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$343,660
Interest Rate
4.28%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 1993
Sold by
Goycochea Alfred E and Goycochea Paulette
Bought by
Goycochea Alfred E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.94%
Source: Public Records

Range of Values:

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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
Ortega Enterprises Llc -- None Listed On Document
Ortega Favio D -- None Listed On Document
Ortega Favio David -- Accommodation
Ortega Favio D -- Lawyers Title Sd
Ortega Favio D -- None Available
Ortega Favio D -- None Available
Ortega Favio David -- Timios Title
Ortega Prado Favio David -- Ticor Title San Diego Branch
Ortega Prado Favio David $350,000 Chicago Title Company
Goycochea Alfred E -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortega Favio D $602,000
Previous Owner Ortega Favio David $487,500
Previous Owner Ortega Prado Favio David $343,660
Previous Owner Goycochea Alfred E $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2014 05/06/14 Sold $350,000 0.0% $298 / Sq Ft
03/08/2014 03/08/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $350,000 -- $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 $5,585 $429,040 $245,166 $183,874
2024 $5,585 $420,628 $240,359 $180,269
2023 $5,726 $412,382 $235,647 $176,735
2022 $5,596 $396,371 $226,498 $169,873
2021 $5,479 $396,371 $226,498 $169,873
2020 $5,001 $392,308 $224,176 $168,132
2019 $4,992 $384,617 $219,781 $164,836
2018 $4,885 $377,076 $215,472 $161,604
2017 $140 $369,684 $211,248 $158,436
2016 $4,622 $362,436 $207,106 $155,330
2015 $3,523 $277,159 $149,240 $127,919
2014 -- $271,731 $146,317 $125,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140004882

California Regional Multiple Listing Service (CRMLS)

APN: 626-090-40