NOT LISTED FOR SALE

787 2nd St Imperial Beach, CA 91932

Estimated Value: $1,019,370 - $1,255,000

3 Beds
2 Baths
1,488 Sq Ft
$741/Sq Ft Est. Value

Sale Details

Date Sold: August 13, 2015

Last sale price $550,000 $370 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $6,638 / mo

31 Days on Market

Highlights

  • Partially Fenced Property
  • 1-Story Property
  • 3-minute walk to Dunes Park
  • Heating System Uses Natural Gas

About This Home

As of August 2015

2 BLOCKS TO THE BEACH. 2 BR UNIT HAS PRIVATE YARD; 1 BR UNIT HAS PRIVATE PATIO. TENANT IN 2 BR UNIT HAS BEEN IN RESIDENCE FOR 18 YEARS. Neighborhoods: BEACH Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 785 Unit # for Unit 2: 787 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Ken Colwell

Colwell Realty IB, Inc. License #00553944 Listed on: 05/17/2015

Last Buyer's Agent

Robert Tyner

Home Solutions Group- Realty & Mortgage License #01803901

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 4,650 Sq Ft Lot
  • Lot Dimensions are 50x93
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $16,904

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 6252810100

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

4,650 Sq Ft Lot

Listing Details

  • CapRate: 0.03
  • Subdivision Name Other: Imperial Beach
  • View: No
  • Zoning: RHD
  • Property Type: Residential Income
  • Parcel Number: 6252810100
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas

Lot Info

  • Lot Size: 50X93
  • Lot Size Sq Ft: 4650.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 22800.00
  • Lot Size Area: 4650.0000 Square Feet
  • Net Operating Income: 16904.00
  • Number Of Units Total: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 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

Closed on
Jun 13, 2018
Sold by
Bought by
Current Estimated Value
$1,103,343

Purchase Details

Listed on
May 17, 2015
Closed on
Jun 18, 2015
Sold by
Bought by
Seller's Agent
Ken Colwell
Colwell Realty IB, Inc.
Buyer's Agent
Robert Tyner
Home Solutions Group- Realty & Mortgage
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$412,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 1983
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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
-- None Available
$550,000 Chicago Title Company
$88,000 --
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 $412,500
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
08/13/2015 08/13/15 Sold $550,000 0.0% $370 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
05/17/2015 05/17/15 For Sale $550,000 -- $370 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $8,217 $651,080 $260,426 $390,654
2024 $8,217 $638,315 $255,320 $382,995
2023 $7,937 $625,800 $250,314 $375,486
2022 $7,678 $613,530 $245,406 $368,124
2021 $7,423 $601,501 $240,595 $360,906
2020 $7,252 $595,334 $238,128 $357,206
2019 $7,310 $583,661 $233,459 $350,202
2018 $7,398 $572,218 $228,882 $343,336
2017 $7,196 $560,999 $224,395 $336,604
2016 $6,581 $550,000 $219,996 $330,004
2015 $3,172 $209,619 $83,846 $125,773
2014 -- $205,514 $82,204 $123,310
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Ken Colwell

    Colwell Realty IB, Inc.

    (619) 429-8278

    2 in this area

    4 Total Sales

    Ken Colwell
    Section Image

  • R

    Buyer's Agent in 2015

    Robert Tyner

    Home Solutions Group- Realty & Mortgage

    (619) 392-4074

    3 Total Sales

    Robert Tyner
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 150027236

California Regional Multiple Listing Service (CRMLS)

APN: 625-281-01

California San Diego County Imperial Beach 91932

787 2nd St, Imperial Beach, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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