NOT LISTED FOR SALE

Estimated Value: $1,013,000 - $1,266,000

4 Beds
2 Baths
1,420 Sq Ft
$776/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $927,000 $653 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,837/month

34 Days on Market

Highlights

  • Property is Fully Fenced
  • West of 5 Freeway
  • 1-Story Property
  • Level Lot

About This Home

As of January 2022

GREAT INVESTMENT OPPORTUNITY! Nice duplex in a great Imperial Beach location. Space to add additional units for more income. Huge backyard on a 5,876 SF lot! Beautiful upgrades throughout, including a brand-new roof, new paint, one heater, and luxury vinyl plank flooring. The kitchens and bathrooms were also recently remodeled. Positive cash flow! This one will go quick!

Last Agent to Sell the Property

Lynette Tyner

Home Solutions Group- Realty & Mortgage License #02050851 Listed on: 11/19/2021

Last Buyer's Agent

Barry Cheung

eXp Realty of California, Inc License #02061313

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,956

Year Built

  • Built in 1945

Lot Details

  • 5,876 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System

Home Design

  • Composition Roof
  • Stucco Exterior

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • West of 5 Freeway

Community Details

  • 2 Units
  • Net Operating Income $16,240

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 627-131-07-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,956

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Elder
  • Neighborhood: IB
  • Stories: 1 Story
  • Sale Price List Price: 0.98
  • Total Stories: 1
  • Year Built: 1945
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: IB
  • Community: IMPERIAL BEACH

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Site: West of I-5
  • Topography: Level
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 627-131-07-00
  • Estimated Lot Sq Ft: 5876
  • Estimated Number of Acres: 0.14
  • Map Code Column: H
  • Map Code Page: 1329
  • Map Code Row: 7

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 16240
  • Annual Expense Actual: 5000
  • Gross Rent Multiplier Actual: 14.9
  • Gross Sched Income Actual: 21240
  • Gross Sched Income Projected: 60200
  • Number Of Buildings: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Dec 17, 2021
Sold by
Tyner Gregory T and Tyner Lynette H
Bought by
Schiavo William A and Schiavo Laura R
Seller's Agent
Lynette Tyner
Home Solutions Group- Realty & Mortgage
Buyer's Agent
Barry Cheung
eXp Realty of California, Inc
List Price
$950,000
Sold Price
$927,000
Premium/Discount to List
-$23,000
-2.42%
Current Estimated Value
$1,101,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,645
Avg. Annual Appreciation
4.72%
Original Mortgage
$787,950
Outstanding Balance
$724,804
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$376,841

Purchase Details

Closed on
Apr 30, 2020
Sold by
Tyner Lynette H and Mills Lynette
Bought by
Tyner Gregory T and Tyner Lynette H

Purchase Details

Listed on
Mar 10, 2015
Closed on
May 20, 2015
Sold by
Stevens Tommy R and Stevens Carolyn L
Bought by
Mills Lynette
Seller's Agent
Andrew Atchley
Leadingham Realty Inc.
Buyer's Agent
Jessica Hart
HomeSmart Realty West
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%
Original Mortgage
$375,000
Interest Rate
3.83%
Mortgage Type
VA

Purchase Details

Closed on
Apr 2, 2014
Sold by
Stevens Tommy R and Steele Lark
Bought by
Stevens Tommy R and Stevens Carolyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2003
Sold by
Stevens Gertrude A
Bought by
Stevens Gertrude A and Stevens Tommy R

Purchase Details

Closed on
Sep 23, 2003
Sold by
Stevens Carolyn
Bought by
Stevens Tommy R

Purchase Details

Closed on
Oct 19, 2001
Sold by
Stevens Gertrude A
Bought by
Stevens Gertrude A and Stevens Tommy R

Purchase Details

Closed on
Mar 15, 1985
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schiavo William A $927,000 Lawyers Title
Tyner Gregory T -- Chicago Title Company
Mills Lynette $375,000 Corinthian Title
Stevens Tommy R -- First American Title
Stevens Gertrude A -- --
Stevens Tommy R -- --
Stevens Gertrude A -- --
-- $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schiavo William A $787,950
Previous Owner Mills Lynette $375,000
Previous Owner Stevens Tommy R $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $927,000 -2.4% $653 / Sq Ft
12/24/2021 12/24/21 Pending -- -- --
12/21/2021 12/21/21 Price Changed $950,000 0.0% $669 / Sq Ft
12/21/2021 12/21/21 For Sale $950,000 +2.7% $669 / Sq Ft
11/27/2021 11/27/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $925,000 +146.7% $651 / Sq Ft
07/14/2015 07/14/15 Sold $375,000 0.0% $263 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $375,000 -- $263 / 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 $11,956 $983,739 $795,906 $187,833
2024 $11,956 $964,450 $780,300 $184,150
2023 $11,814 $945,540 $765,000 $180,540
2022 $5,775 $418,314 $232,562 $185,752
2021 $5,742 $410,112 $228,002 $182,110
2020 $5,420 $405,908 $225,665 $180,243
2019 $5,329 $397,950 $221,241 $176,709
2018 $5,265 $390,148 $216,903 $173,245
2017 $5,180 $382,499 $212,650 $169,849
2016 $4,990 $375,000 $208,481 $166,519
2015 $3,810 $266,021 $147,894 $118,127
2014 $4,005 $301,361 $180,817 $120,544
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 210031791

San Diego MLS

APN: 627-131-07