NOT LISTED FOR SALE

738 Cherry Ave Imperial Beach, CA 91932

Estimated Value: $501,000 - $608,000

2 Beds
1.5 Baths
1,033 Sq Ft
$522/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $490,000 $474 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,564/month

20 Days on Market

Highlights

  • Private Yard
  • Living Room
  • Dining Area
  • 2 Car Direct Access Garage
  • Laundry Room
  • Partially Fenced Property

About This Home

As of April 2023

This charming townhome, located in a 4-unit complex near various bike paths, the beach, and scenic bikeway Village, offers a unique opportunity to enjoy the best of coastal living. Inside, you'll find a beautifully remodeled kitchen with modern amenities and a spacious open-concept living area, and a remodeled bathroom with dual sinks. Step outside to a cozy patio and yard off the kitchen and enjoy the fresh air and sunshine. This unit is the only one in the complex with an attached garage, and party walls have been added for improved soundproofing. Don't miss this chance to live in a convenient, and peaceful location by the sea.

Last Agent to Sell the Property

Mary Morgan

Owen Properties License #00998518 Listed on: 02/15/2023

Last Buyer's Agent

Mary Morgan

Owen Properties License #00998518 Listed on: 02/15/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,102

Year Built

  • Built in 1995

Lot Details

  • 5,236 Sq Ft Lot
  • Partially Fenced Property
  • Private Yard

HOA Fees

  • $205 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Entry on the 1st floor
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,033 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Laundry Room

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 626-031-35-02

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, limited insurance, roof maintenance, sewer, trash pickup
  • 4 Units
  • Cherry Association
  • Cherry Breeze Community

Amenities

  • Laundry Facilities

Pet Policy

  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,102

Year Built

Built in 1995

Lot Details

0

HOA Fees

$205 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: Townhome
  • Market Area: South Bay
  • Cross Street: 7th
  • Neighborhood: Imperial Beach
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 464.67
  • Price Per Sq Ft: 474.35
  • SP/ Sq Ft: 474.35
  • Stories: 2 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 2
  • Year Built: 1995
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Equipment Available: Dishwasher, Refrigerator, Gas Stove
  • Searchable Rooms: Dining Area, Kitchen, Living Room, Master Bedroom
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 12x10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Laundry Location: Community, Laundry Room
  • Estimated Sq Ft: 1033
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Attached, Direct Garage Access, Garage
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Cherry Breeze
  • Total Fees: 2460.0
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 4
  • Total Number of Units: 4
  • Community: IMPERIAL BEACH
  • Home Owner Association: Cherry
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Limited Insurance, Roof Maintenance, Sewer, Trash Pickup
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 205.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 205

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 626-031-35-02
  • Estimated Lot Sq Ft: 5236
  • Estimated Number of Acres: 0.12
  • Map Code Column: G
  • Map Code Page: 1329
  • Map Code Row: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Mar 9, 2023
Sold by
David R Montalbano Trust
Bought by
Jones Marshall Richard and Jones Claudia Andrea
Seller's Agent
Mary Morgan
Owen Properties
Buyer's Agent
Mary Morgan
Owen Properties
List Price
$480,000
Sold Price
$490,000
Premium/Discount to List
$10,000
2.08%
Views
101
Current Estimated Value
$539,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,563
Avg. Annual Appreciation
4.03%
Original Mortgage
$392,000
Outstanding Balance
$381,606
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$157,957

Purchase Details

Closed on
Aug 15, 2013
Sold by
Montalbano David R
Bought by
Montalbano David R

Purchase Details

Closed on
Jun 14, 2012
Sold by
Young Scott B and Spivack Lisa
Bought by
Montalbano David R

Purchase Details

Closed on
May 7, 2004
Sold by
Lipsey Jeremy
Bought by
Young Scott B and Spivack Lisa

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
3.57%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 29, 2003
Sold by
Ocean Breeze Properties Llc
Bought by
Lipsey Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,800
Interest Rate
5.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 24, 2003
Sold by
Lipsey Jesseca R
Bought by
Lipsey Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,800
Interest Rate
5.98%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Jones Marshall Richard $490,000 Fidelity National Title
Montalbano David R -- None Available
Montalbano David R $112,000 First American Title Company
Young Scott B $380,000 Southland Title
Lipsey Jeremy $301,000 First American Title
Lipsey Jeremy -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Marshall Richard $392,000
Previous Owner Young Scott B $295,000
Previous Owner Young Scott B $285,000
Previous Owner Lipsey Jeremy $240,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $490,000 0.0% $474 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
02/21/2023 02/21/23 Off Market $490,000 -- --
02/15/2023 02/15/23 For Sale $480,000 -- $465 / 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 $6,102 $509,794 $265,608 $244,186
2024 $6,102 $499,799 $260,400 $239,399
2023 $2,128 $140,836 $73,377 $67,459
2022 $2,116 $138,076 $71,939 $66,137
2021 $1,994 $135,370 $70,529 $64,841
2020 $1,891 $133,983 $69,806 $64,177
2019 $2,056 $131,357 $68,438 $62,919
2018 $1,940 $128,783 $67,097 $61,686
2017 $1,818 $126,259 $65,782 $60,477
2016 $1,743 $123,785 $64,493 $59,292
2015 $1,722 $121,927 $63,525 $58,402
2014 $1,691 $119,539 $62,281 $57,258
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230002526

San Diego MLS

APN: 626-031-35-02