NOT LISTED FOR SALE

Estimated Value: $1,193,000 - $1,384,000

5 Beds
3 Baths
2,200 Sq Ft
$584/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $880,000 $400 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $8,089/month

6 Days on Market

Highlights

  • Property is Fully Fenced
  • Gravity Heating System
  • 1-Story Property

About This Home

As of April 2021

Charming Imperial Beach two unit property perfect for an owner occupier. Renovated 3 bedroom / 2 bath front house with new floors, new paint, new appliances & lots of space. Front home also features a large fenced front yard, attached garage & long driveway. At the back of the property is a 2 bedroom / 1 bath detached house with separate gated access through the alley and room for one car. Live in one unit and off-set your mortgage with the other!

Last Agent to Sell the Property

Tiffany Hoffman

eXp Realty of California, Inc. License #01976932 Listed on: 02/08/2021

eXp Realty of California, Inc.

Co-Listed By

Chuck Hoffman

Apartment Consultants Incorporated License #00524883

Last Buyer's Agent

Beth Aiello

Pacific Sotheby's International Realty License #01775191

Pacific Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,601

Year Built

  • Built in 1965

Lot Details

  • 7,492

Home Design

  • Stucco Exterior

Parking

  • Automatic Gate
  • RV Potential

Additional Features

  • 1-Story Property
  • Property is Fully Fenced
  • Gravity Heating System

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 626-142-19-00

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Imperial Beach Community

Building Details

  • Net Operating Income $32,531

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,601

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Cypress Ave
  • Neighborhood: Dolphin Bay
  • Stories: 1 Story
  • Sale Price List Price: 1.01
  • Total Stories: 1
  • Year Built: 1965
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Prkng Non Garage Spac U1: 3
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full

Garage/Parking

  • Parking for RV: Potential Space

Utilities

  • Security: Automatic Gate
  • Water: Available
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: Imperial Beach
  • Community: IMPERIAL BEACH

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Public Street, Sidewalks
  • Assessor Parcel Number: 626-142-19-00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 32531
  • Annual Expense Actual: 16000
  • Annual Expense Projected: 16000
  • Gross Rent Multiplier Actual: 16.24
  • Gross Rent Multiplier Projected: 15.85
  • Gross Sched Income Actual: 49200
  • Gross Sched Income Projected: 50400
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2025
Sold by
Martin Ronald R and Cambi Lee
Bought by
Martin Family Trust and Martin
Current Estimated Value
$1,300,902

Purchase Details

Listed on
Feb 8, 2021
Closed on
Mar 4, 2021
Sold by
Flanagan Gary F and Flanagan Patricia
Bought by
Martin Ronald R and Martin Cambi Lee
Seller's Agent
Tiffany Hoffman
eXp Realty of California, Inc.
Buyer's Agent
Beth Aiello
Pacific Sotheby's International Realty
List Price
$799,000
Sold Price
$880,000
Premium/Discount to List
$81,000
10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
Original Mortgage
$911,680
Interest Rate
3%
Mortgage Type
VA

Purchase Details

Closed on
Aug 12, 2013
Sold by
Flanagan Gary and Flanagan Patricia
Bought by
Flanagan Gary F and Flanagan Patricia

Purchase Details

Listed on
Jan 11, 2013
Closed on
Mar 5, 2013
Sold by
Robyn Casey L
Bought by
Robyn Richard A
Seller's Agent
Greg Mixon
Pacific Realty Property Sales
Buyer's Agent
John Oei
Realty World - SF Bay Group
List Price
$380,000
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%

Purchase Details

Closed on
Dec 12, 2012
Sold by
Robyn Richard A
Bought by
Flanagan Gary and Flanagan Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2005
Sold by
Robyn Richard A
Bought by
Robyn Richard A and Robyn Casey L

Purchase Details

Closed on
Dec 23, 2004
Sold by
Robyn Casey
Bought by
Robyn Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 26, 2003
Sold by
Larcey Timothy and Larcey June
Bought by
Robyn Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
5.82%

Purchase Details

Closed on
Jan 28, 2002
Sold by
Larcey Timothy J and Larcey June E
Bought by
Larcey Timothy J and Larcey June B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,524
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2001
Sold by
Ritter Eva H
Bought by
Larcey Timothy J and Larcey June E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,250
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 20, 2000
Sold by
Umjt Ritter Eva H and Umjt Chrans L
Bought by
Ritter Eva H

Purchase Details

Closed on
Dec 9, 1997
Sold by
Ritter Eva H
Bought by
Ritter Eva H and Chrans Ronald Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
4.62%

Purchase Details

Closed on
Nov 19, 1997
Sold by
Ritter Rita L
Bought by
Ritter Eva H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
4.62%

Purchase Details

Closed on
Jan 4, 1994
Sold by
Flaherty Timothy Francis
Bought by
Ritter John L and Ritter Rita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,400
Interest Rate
7.09%

Purchase Details

Closed on
May 22, 1987
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Martin Family Trust -- None Listed On Document
Martin Ronald R $880,000 Lawyers Title Company
Flanagan Gary F -- None Available
Robyn Richard A -- Lawyers Title Company
Robyn Richard A -- Lawyers Title Company
Flanagan Gary $380,000 Lawyers Title Company
Robyn Richard A -- --
Robyn Richard A -- --
Robyn Richard A -- Southland Title
Robyn Richard A $485,000 Equity Title Company
Larcey Timothy J -- First American Title
Larcey Timothy J $42,500 --
Ritter Eva B -- --
Ritter Eva H -- --
Ritter Eva H -- Stewart Title
Ritter Eva H -- Stewart Title
Ritter John L $182,000 Orange Coast Title Company
-- $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Ronald R $911,680
Previous Owner Flanagan Gary F $409,500
Previous Owner Flanagan Gary $285,000
Previous Owner Robyn Richard A $150,000
Previous Owner Robyn Richard A $376,000
Previous Owner Larcey Timothy $265,524
Previous Owner Ritter Eva H $42,250
Previous Owner Ritter Eva H $109,000
Previous Owner Ritter John L $127,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $880,000 +0.6% $400 / Sq Ft
02/16/2021 02/16/21 Price Changed $875,000 +9.5% $398 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $799,000 +110.3% $363 / Sq Ft
04/15/2013 04/15/13 Sold $380,000 0.0% $143 / Sq Ft
03/29/2013 03/29/13 Pending -- -- --
01/11/2013 01/11/13 For Sale $380,000 -- $143 / Sq Ft
Source: San Diego MLS

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 $11,601 $952,536 $426,134 $526,402
2024 $11,601 $933,860 $417,779 $516,081
2023 $11,599 $915,550 $409,588 $505,962
2022 $11,771 $897,599 $401,557 $496,042
2021 $6,190 $432,299 $193,397 $238,902
2020 $5,832 $427,867 $191,414 $236,453
2019 $5,811 $419,478 $187,661 $231,817
2018 $5,776 $411,254 $183,982 $227,272
2017 $5,715 $403,191 $180,375 $222,816
2016 $5,384 $395,287 $176,839 $218,448
2015 $5,288 $389,350 $174,183 $215,167
2014 $5,177 $381,724 $170,771 $210,953
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 210003356

San Diego MLS

APN: 626-142-19