NOT LISTED FOR SALE

566-68 3rd St Imperial Beach, CA 91932

Estimated Value: $946,000 - $1,119,000

4 Beds
2 Baths
1,479 Sq Ft
$703/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $720,000 $487 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,246/month

Highlights

  • No Units Above
  • Laundry Room
  • Back and Front Yard

About This Home

As of March 2021

Great investor property Duplex! 1 story, 2 total units, 4 bedrooms total, 2 bathrooms total. Spacious back yard perfect for entertaining! Just walking distance to Imperial Beach. Needs work but has plenty of potential. A hidden gem!

Last Agent to Sell the Property

David Celaya

Realty Executives Dillon License #01817176 Listed on: 02/01/2021

Realty Executives Dillon

Last Buyer's Agent

Ken May

Compass License #01260645

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • 5,643 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Back and Front Yard

Home Design

  • 1,479 Sq Ft Home
  • Duplex

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 1902
  • Assessor Parcel Number 6250320900

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • Insurance Expense $1,500
  • Trash Expense $240
  • Water Sewer Expense $600
  • New Taxes Expense $9,362
  • Operating Expense $2,340
  • Gross Income $4,000
  • Net Operating Income $2,000

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • CapRate: 0.26
  • Property Attached: No
  • Water Sewer Expenses: 600.00
  • Zoning: R-1:Single Fam-Res
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6250320900
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Common Walls: No One Above, No One Below
  • Price Per Square Foot: 486.82

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup, Gas Dryer Hookup
  • Trash Expense: 240.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5643.00
  • Lot Size Acres: 0.1200

Multi Family

  • Gross Income: 4000.00
  • Gross Scheduled Income: 4000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5643.0000 Square Feet
  • Net Operating Income: 2000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2340.00
  • Rent Control: No
  • Total Expenses: 2340.00

Tax Info

  • New Taxes Expense: 9362.00
  • Tax Lot: 33
  • Tax Tract Number: 001902

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2021
Sold by
May Kenenth M and May Moira R
Bought by
May Kenneth M and May Moira R
Current Estimated Value
$1,039,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$658,000
Outstanding Balance
$597,033
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$442,421

Purchase Details

Listed on
Feb 1, 2021
Closed on
May 7, 2021
Sold by
May Kenneth M and May Moira R
Bought by
May Kenneth M and May Moira R
Seller's Agent
David Celaya
Realty Executives Dillon
Buyer's Agent
Ken May
Compass
Sold Price
$720,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$658,000
Outstanding Balance
$597,033
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$442,421

Purchase Details

Listed on
Feb 1, 2021
Closed on
Mar 17, 2021
Sold by
Manion Christopher S and The Rosemary Manion Trust
Bought by
May Kenneth M and May Moira R
Seller's Agent
David Celaya
Realty Executives Dillon
Buyer's Agent
Ken May
Compass
Sold Price
$720,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2015
Sold by
Fitzpatrick Donald Patrick and Manion Rosemary
Bought by
Manion Rosemary

Purchase Details

Closed on
Jan 20, 2015
Sold by
Manion Rosemary
Bought by
Manion Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,300
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2014
Sold by
Manion Rosemary
Bought by
Manion Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,300
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2002
Sold by
Manion Rosemary
Bought by
Manion Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.03%

Purchase Details

Closed on
Mar 1, 2000
Sold by
Rosemary Manion
Bought by
Manion Rosemary

Purchase Details

Closed on
Aug 26, 1999
Sold by
Rosemary Manion and Rosemary Donald P
Bought by
Manion Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,600
Interest Rate
7.47%

Purchase Details

Closed on
Aug 14, 1987
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
May Kenneth M -- Atlas Title Company
May Kenneth M -- Atlas Title Company
May Kenneth M $720,000 Lawyers Title
Manion Rosemary -- Vantage Point Title Inc
Manion Rosemary -- Accommodation
Manion Rosemary -- Vantage Point Title Inc
Manion Rosemary -- Chicago Title Co
Manion Rosemary -- Chicago Title Co
Manion Rosemary -- First American Title
Manion Rosemary -- Benefit Land Title Company
-- $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Kenneth M $658,000
Closed May Kenneth M $72,000
Closed May Kenneth M $648,000
Previous Owner Manion Rosemary $88,300
Previous Owner Manion Rosemary $95,000
Previous Owner Manion Rosemary $94,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2021 03/18/21 Sold $720,000 -- $487 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
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 $9,722 $779,347 $418,500 $360,847
2024 $9,722 $764,067 $410,295 $353,772
2023 $9,619 $749,086 $402,250 $346,836
2022 $9,535 $734,399 $394,363 $340,036
2021 $3,590 $244,127 $131,093 $113,034
2020 $3,570 $241,624 $129,749 $111,875
2019 $3,394 $236,887 $127,205 $109,682
2018 $3,331 $232,243 $124,711 $107,532
2017 $3,459 $227,690 $122,266 $105,424
2016 $3,303 $223,226 $119,869 $103,357
2015 $3,311 $219,874 $118,069 $101,805
2014 $3,472 $215,568 $115,757 $99,811
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    David Celaya

    Realty Executives Dillon

    (619) 309-7326

    1 in this area

    4 Total Sales

    David Celaya
    Section Image
  • Ken May

    Buyer's Agent in 2021

    Ken May

    Compass

    (619) 254-7497

    51 in this area

    74 Total Sales

    Ken May
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2101818

California Regional Multiple Listing Service (CRMLS)

APN: 625-032-09

California San Diego County Imperial Beach 91932

566-68 3rd St, Imperial Beach, CA

Not Listed for Sale

MultiFamily

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