NOT LISTED FOR SALE

Estimated Value: $1,401,000 - $1,858,878

6 Beds
6 Baths
3,550 Sq Ft
$472/Sq Ft Est. Value

Sale Details

Date Sold: April 10, 2020

Last sale price $1,400,000 $394 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $10,849 / mo

29 Days on Market

Highlights

  • Ocean View
  • Tankless Water Heater
  • Gated Home
  • Corner Lot
  • Forced Air Heating System
  • 4-minute walk to Dunes Park

About This Home

As of April 2020

Built in 2016 by Falletta Construction Inc, this duplex is located one block to the beach & host extra-large roof top decks with ocean and city views. Home includes open kitchen & dining room concept with stainless steel appliances, granite counter tops, and beautiful white cabinets. Plenty of storage & waterproof vinyl flooring throughout, which is perfect for beach living. All bedrooms are spacious & located upstairs with custom closets & high end bathroom features. Live in one and rent the other! Two Home for sale. Great investment property or live in one and rent the other to off-set the mortgage. Ideal location and just one block to the beach, restaurants, and parks. No common area, no HOA or dues, and separate yards. Homes are also on separate meters.

Last Agent to Sell the Property

Gina Falletta

Douglas Elliman of California, Inc. License #02010766 Listed on: 02/01/2020

Douglas Elliman of California, Inc.

Co-Listed By

Lisa Poli

Douglas Elliman of California, Inc. License #01886911

Last Buyer's Agent

Ken May

Compass License #01260645

Compass

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016

Lot Details

  • 5,253 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Sprinklers on Timer

Property Views

  • Ocean
  • Bay
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Separate Water Meter
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for water, cable TV, electricity, gas/propane
  • Assessor Parcel Number 625-191-14-00

Community Details

Overview

  • 2 Units
  • Imperial Beach Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $77,200

Property Details

Home Type

Multi-Family

Year Built

Built in 2016

Lot Details

5,253 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Seacoast amd Dahlia
  • Neighborhood: Imperial Beach
  • Supplement: Two Home for sale. Great investment property or live in one and rent the other to off-set the mortgage. Ideal location and just one block to the beach, restaurants, and parks. No common area, no HOA or dues, and separate yards. Homes are also on separate meters.
  • Stories: 2 Story
  • Sale Price List Price: 0.91
  • Total Stories: 2
  • Year Built: 2016
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Fencing: Full, Gate
  • Roof: Composition
  • View: Bay, City, Evening Lights, Mountains/Hills, Ocean, Panoramic, Panoramic Ocean

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Electric, Gas, Tankless
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Imperial Beach
  • Pets Allowed: Yes
  • Community: IMPERIAL BEACH

Lot Info

  • Irrigation: Automatic, Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Site: Corner Lot, Sidewalks
  • Topography: Level
  • Water District: CALIFORNIA AMERICAN
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 625-191-14-00
  • Estimated Lot Sq Ft: 5253
  • Estimated Number of Acres: 0.12
  • Map Code Column: F
  • Map Code Page: 1329
  • Map Code Row: 7

Rental Info

  • Tenant Pays: Water, Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 77200
  • Gross Rent Multiplier Actual: 19.12
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2020
Closed on
Apr 9, 2020
Sold by
Bought by
Seller's Agent
Gina Falletta
Douglas Elliman of California, Inc.
Buyer's Agent
Ken May
Compass
List Price
$1,537,000
Sold Price
$1,400,000
Premium/Discount to List
-$137,000
-8.91%
Current Estimated Value
$1,676,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,220
Avg. Annual Appreciation
2.89%
Original Mortgage
$1,087,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2020
Closed on
Apr 8, 2020
Sold by
Bought by
Seller's Agent
Gina Falletta
Douglas Elliman of California, Inc.
Buyer's Agent
Ken May
Compass
List Price
$1,537,000
Sold Price
$1,400,000
Premium/Discount to List
-$137,000
-8.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2020
Closed on
Mar 25, 2020
Sold by
Bought by
Seller's Agent
Gina Falletta
Douglas Elliman of California, Inc.
Buyer's Agent
Ken May
Compass
List Price
$1,537,000
Sold Price
$1,400,000
Premium/Discount to List
-$137,000
-8.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 14, 2016
Sold by
Bought by

Purchase Details

Listed on
Apr 13, 2015
Closed on
May 4, 2015
Sold by
Bought by
Seller's Agent
Gary Trieschman
Pacific Realty Property Sales
Buyer's Agent
MaryAnn Kelly
Compass
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%
Original Mortgage
$805,000
Interest Rate
3.81%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 27, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 27, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Imperial Beach, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title Co
$1,400,000 Fidelity National Title Co
-- Fidelity National Title Co
-- Fidelity National Title
-- None Available
$450,000 Chicago Title Company
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,087,500
Previous Owner $200,000
Previous Owner $910,000
Previous Owner $805,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2020 04/10/20 Sold $1,400,000 -8.9% $394 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $1,537,000 +241.6% $433 / Sq Ft
07/01/2015 07/01/15 Sold $450,000 0.0% $586 / Sq Ft View Prior Sale
04/23/2015 04/23/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $450,000 -- $586 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $19,630 $1,561,722 $1,115,517 $446,205
2025 $18,457 $1,531,101 $1,093,645 $437,456
2024 $18,457 $1,501,080 $1,072,201 $428,879
2023 $18,404 $1,442,793 $1,030,567 $412,226
2022 $18,069 $1,442,793 $1,030,567 $412,226
2021 $17,745 $1,414,504 $1,010,360 $404,144
2020 $9,000 $678,646 $284,145 $394,501
2019 $8,384 $665,340 $278,574 $386,766
2018 $8,410 $652,295 $273,112 $379,183
2017 $8,466 $639,506 $267,757 $371,749
2016 $5,382 $450,000 $262,507 $187,493
2015 $1,723 $127,836 $74,573 $53,263
2014 -- $125,333 $73,113 $52,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200005226

San Diego MLS

APN: 625-191-14

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