NOT LISTED FOR SALE

855 Park Ave El Centro, CA 92243

Estimated Value: $396,674 - $614,000

9 Beds
5 Baths
3,708 Sq Ft
$143/Sq Ft Est. Value

Last Sold February 16, 2023

Last sale price $425,000 $115 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,207/month

49 Days on Market

Highlights

  • Den
  • Balcony
  • Central Heating
  • Walk-In Pantry
  • Air Conditioning
  • Combination Dining and Living Room

About This Home

As of February 2023

Welcome this beautiful multi-Unit resting in the heart of El Centro. This 3 Unit home features a front 4 bd. 3 bath single-family home (can be separated for additional ADU with 2 bds!) with an attached and detached 2 Bd. 1bth on lot. (All Permitted) Each unit is on a separate meter and will come with PAID solar! Home has been zoned R3 with potential for up to 29 units. (Current rental revenue for BACK units is $18,300 yearly with potential for increase) This can be a real cash investment or the perfect multi-unit for a first-time home buyer looking to get rental income towards their mortgage!! This home may be able to be approved for FHA financing with rental income towards purchase price! *Buyer to verify all information prior to close of escrow*

Last Agent to Sell the Property

Erick Blanco

Gold Key Real Estate License #02126537 Listed on: 12/02/2022

Gold Key Real Estate

Co-Listed By

Alcy Garcia

Gold Key Real Estate License #01890606

Last Buyer's Agent

Erick Blanco

Gold Key Real Estate License #02126537 Listed on: 12/02/2022

Gold Key Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,917

Year Built

  • Built in 1957

Lot Details

  • 9,619

Home Design

  • Shingle Roof

Interior Spaces

  • 3,708 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Den
  • Walk-In Pantry
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Parking

  • 6 Parking Spaces
  • 2 Carport Spaces

Schools

  • Central Union High School

Utilities

  • Air Conditioning
  • Central Heating
  • Water Heater

Additional Features

  • Balcony
  • 9,619 Sq Ft Lot

Community Details

  • Not Available Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053-025-002-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,917

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: 0
  • Lot Acreage: 0.221
  • Price/ Sq Ft: 114.62
  • Assessor Parcel Number: 053-025-002-000
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Property Sub Type: House
  • Street Address: 855 Park Ave
  • Street Name Display: Yes
  • Street Number Display: Yes
  • Year Built: 1957
  • Builders Tract Name: Not Available
  • State Abbrv: CALIFORNIA
  • Special Features: None

Interior Features

  • Den: 1
  • Family Room: 0
  • Laundry: Outside
  • Dining Room: 1
  • Fireplaces: 1
  • Fireplace Rooms: Wood Burning
  • Living Area: 3708
  • Total Bathrooms: 5.00
  • Bedrooms: 9

Exterior Features

  • Construction: Asphalt
  • Foundation: Foundation - Fha Approved
  • Patio: Balcony
  • Roof: Shingle
  • Building Type: Detached
  • Stories: 1

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking: 2
  • Other Spaces: 4
  • Garage: Carport
  • Total Parking: 6

Utilities

  • Sewer: City
  • Water: Iid
  • Water Heater: Water Heater Unit
  • Cooling: Air Conditioning
  • Heating: Central, Solar

Lot Info

  • Lot Size Area: 9619

MLS Schools

  • HighSchool: Central Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Feb 16, 2023
Sold by
Bernal Tasnimah A
Bought by
Bernal Rafael
Seller's Agent
Erick Blanco
Gold Key Real Estate
Buyer's Agent
Erick Blanco
Gold Key Real Estate
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$531,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,169
Avg. Annual Appreciation
8.32%
Original Mortgage
$318,750
Outstanding Balance
$309,017
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$222,152

Purchase Details

Listed on
Dec 2, 2022
Closed on
Feb 7, 2023
Sold by
Marin Saul A
Bought by
Bernal Rafael
Seller's Agent
Erick Blanco
Gold Key Real Estate
Buyer's Agent
Erick Blanco
Gold Key Real Estate
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Outstanding Balance
$309,017
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$222,152

Purchase Details

Closed on
Jul 25, 2004
Sold by
Gutierrez Abel and Marin Norma E
Bought by
Marin Saul A and Marin Norma E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
7.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 15, 2001
Sold by
Marin Saul
Bought by
Marin Norma E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,450
Interest Rate
9.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2001
Sold by
Vega Raquel
Bought by
Gutierrez Abel and Marin Norma E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,450
Interest Rate
9.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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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
Bernal Rafael -- Orange Coast Title
Bernal Rafael $425,000 Orange Coast Title
Marin Saul A -- Commonwealth Land Title Co
Marin Norma E -- Commonwealth Land Title Co
Gutierrez Abel $157,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernal Rafael $318,750
Closed Bernal Rafael $318,750
Previous Owner Marin Saul A $187,500
Previous Owner Gutierrez Abel $133,450
Closed Gutierrez Abel $7,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2023 02/16/23 Sold $425,000 0.0% $115 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $425,000 0.0% $115 / Sq Ft
12/23/2022 12/23/22 Pending -- -- --
12/02/2022 12/02/22 For Sale $425,000 -- $115 / Sq Ft
Source: Imperial County Association of REALTORS®

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 $4,917 $442,170 $93,636 $348,534
2023 $4,917 $222,905 $53,945 $168,960
2022 $4,040 $218,536 $52,888 $165,648
2021 $3,977 $214,251 $51,851 $162,400
2020 $4,003 $212,055 $51,320 $160,735
2019 $3,929 $207,898 $50,314 $157,584
2018 $3,911 $203,823 $49,328 $154,495
2017 $2,364 $199,827 $48,361 $151,466
2016 $2,317 $195,910 $47,413 $148,497
2015 $2,284 $192,968 $46,701 $146,267
2014 $2,234 $189,189 $45,787 $143,402
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Erick Blanco

    Gold Key Real Estate

    Section Image
  • Alcy Garcia

    Seller Co-Listing Agent in 2023

    Alcy Garcia

    Gold Key Real Estate

    (760) 234-8183

    80 Total Sales

    Alcy Garcia
    Section Image
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Map

Source: Imperial County Association of REALTORS®

MLS Number: 22220190IC

Imperial County Association of REALTORS®

APN: 053-025-002-000

California Imperial County El Centro 92243

855 Park Ave, El Centro, CA

Not Listed for Sale

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