NOT LISTED FOR SALE

550 N 5th St El Centro, CA 92243

Estimated Value: $527,000 - $754,746

11 Beds
7 Baths
3,555 Sq Ft
$179/Sq Ft Est. Value

Last Sold October 17, 2016

Last sale price $385,000 $108 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,768/month

11 Days on Market

Highlights

  • 2 Car Attached Garage
  • Laundry closet
  • 2 Attached Carport Spaces
  • Air Conditioning
  • Ceramic Tile Flooring
  • Central Heating

About This Home

As of October 2016

This home is located at 550 N 5th St, El Centro, CA 92243 since 29 September 2016 and is currently estimated at $636,937, approximately $179 per square foot. This property was built in 2006. 550 N 5th St 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

Manuel Sarabia

Elite Real Estate License #01481964 Listed on: 09/29/2016

Last Buyer's Agent

Patricia Meza

Capital Real Estate License #01777917

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,968

Year Built

  • Built in 2006

Lot Details

  • 5,625 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces
  • Driveway

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 3,555 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Laundry closet

Kitchen

  • Gas Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Bathrooms

Utilities

  • Air Conditioning
  • Central Heating
  • Gas Water Heater

Community Details

  • 4 Units
  • 4 Leased Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 044422025000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,968

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Disclosures: None
  • Lot Acreage: 0.1290
  • Price/ Sq Ft: 109.42
  • Additional Assessor Parcel Numbers: False
  • Assessor Parcel Number: 044422025000
  • Street Address: 550 N 5TH ST
  • Street Name Display: True
  • Street Number Display: True
  • Year Built: 2006
  • State Abbrv: CA
  • Annual C F D Y N: False
  • Like Units2: 2
  • Like Units3: 3
  • Like Units4: 4
  • Number Electric Meters: 4
  • R V Access Y N: False
  • Sale Agent Board: OUT OF AREA BOARD
  • Sale Agent Broker I D: IC121274
  • Sale Agent Cell: 760-457-8168
  • Sale Agent Email: ivrealtor@yahoo.com
  • Sale Agent Fax: 760-841-0973
  • Sale Agent First Name: Patricia
  • Sale Agent I D: IC3220
  • Sale Agent Last Name: Meza
  • Sale Agent License Number: 01777917
  • Sale Agent Office I D: IC3720
  • Sale Agent Office Phone: 760-562-7280
  • Sale Agent Phone: 760-457-8168
  • Sale Agent Website: https://www.facebook.com/PatriciaMezaRealtor
  • Sale Broker License Number: 01767515
  • Sale Office Address1: 388 W. Aten Rd.
  • Sale Office Address2: Suite C
  • Sale Office Broker I D: IC121274
  • Sale Office City: Imperial
  • Sale Office Fax: 760-841-0973
  • Sale Office I D: IC3720
  • Sale Office Name: Capital Real Estate
  • Sale Office Phone: 760-562-7280
  • Sale Office State: CA
  • Sale Office Zip: 92251
  • Scheduled Actual: Scheduled
  • Unit Actual Rent1: 850.00
  • Unit Actual Rent2: 775.00
  • Unit Actual Rent3: 750.00
  • Unit Actual Rent4: 500.00
  • Unit Baths1: 2.00
  • Unit Baths2: 2.00
  • Unit Baths3: 2.00
  • Unit Baths4: 1.00
  • Unit Beds1: 3
  • Unit Beds2: 3
  • Unit Beds3: 3
  • Unit Beds4: 2
  • Unit Projected Rent1: 850
  • Unit Projected Rent2: 800
  • Unit Projected Rent3: 800
  • Unit Projected Rent4: 550
  • Unit Rent1: 850.00
  • Unit Rent2: 775.00
  • Unit Rent3: 750.00
  • Unit Rent4: 500.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Laundry: Laundry Closet Stacked
  • Number Range: 4
  • Number Refrigerator: 4
  • Equipment: Microwave, Oven/Range-Gas, Refrigerator
  • Living Area: 3555
  • Total Bathrooms: 7.00
  • Bedrooms: 11

Exterior Features

  • Roof: Concrete, Tile
  • View: False
  • Stories: 2

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking: 4
  • Garage Spaces: 2
  • Other Spaces: 2
  • Garage: Attached, Carport Attached, Driveway, Garage - 2 Car
  • Total Parking: 6
  • Garage Structures: 1

Utilities

  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Cooling: Air Conditioning
  • Heating: Central
  • Number Gas Meters: 3
  • Water Meters: 4
  • Water Heaters: True

Condo/Co-op/Association

  • No. of Units: 4

Lot Info

  • Lot Size Area: 5625

Rental Info

  • Number Leased: 4
  • Owner Pays: Water, Other
  • Lease Per Month Year: Year

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2016
Closed on
Oct 7, 2016
Sold by
Sarabia Manuel
Bought by
Arias Ramon and Arias Adrian Karel
Seller's Agent
Manuel Sarabia
Elite Real Estate
Buyer's Agent
Patricia Meza
Capital Real Estate
List Price
$389,000
Sold Price
$385,000
Premium/Discount to List
-$4,000
-1.03%
Current Estimated Value
$636,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,937
Avg. Annual Appreciation
5.67%

Purchase Details

Closed on
Jan 22, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Sarabia Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,900
Interest Rate
4.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 2009
Sold by
Valdez Rafael and Valdez Maria G
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 18, 2007
Sold by
Valdez Rafael and Valdez Maria
Bought by
Valdez Horacio G

Purchase Details

Closed on
Jun 30, 2006
Sold by
Valdez Rafael and Valdez Maria
Bought by
Valdez Rafael and Valdez Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
9.5%
Mortgage Type
Commercial
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
Arias Ramon $385,000 Chicago Title Company
Sarabia Manuel $190,500 Orange Coast Title
Deutsche Bank National Trust Company $131,665 First American Title Ins Co
Valdez Horacio G -- None Available
Valdez Rafael -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sarabia Manuel $130,900
Previous Owner Valdez Rafael $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2016 10/17/16 Sold $385,000 -1.0% $108 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $389,000 -- $109 / 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 $4,968 $446,820 $87,041 $359,779
2023 $4,968 $429,471 $83,662 $345,809
2022 $4,742 $421,051 $82,022 $339,029
2021 $4,622 $412,796 $80,414 $332,382
2020 $4,710 $408,564 $79,590 $328,974
2019 $4,567 $400,554 $78,030 $322,524
2018 $4,542 $392,700 $76,500 $316,200
2017 $4,495 $385,000 $75,000 $310,000
2016 $2,453 $207,716 $32,709 $175,007
2015 -- $204,597 $32,218 $172,379
2014 -- $200,590 $31,587 $169,003
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Manuel Sarabia

    Elite Real Estate

    (760) 791-8728

    8 Total Sales

    Manuel Sarabia
    Section Image
  • Patricia Meza

    Buyer's Agent in 2016

    Patricia Meza

    Capital Real Estate

    (760) 457-8168

    122 Total Sales

    Patricia Meza
    Section Image
See All Agents

Map

Source: Imperial County Association of REALTORS®

MLS Number: 16167188IC

Imperial County Association of REALTORS®

APN: 044-422-025-000

California Imperial County El Centro 92243

550 N 5th St, El Centro, CA

Not Listed for Sale

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Imperial County Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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