Seller's Agent in 2025
Ryan Merriken
Nara Advisors, Inc.
(707) 548-0092
1 in this area
23 Total Sales
981-83 Elder Ave Imperial Beach, CA 91932
4
Beds
2
Baths
1,736
Sq Ft
7,013
Sq Ft Lot
About This Home
As of August 2024981-83 Elder Ave is a 2 unit property with 2 x 2 bed/1 bath units in Imperial Beach. The property is on a large corner lot that is 7,000 SF and both units have ample yard space and each have 1 garage. This is property is a value add opportunity that you don't want to miss. There is a tenant that is currently not paying rent in unit 983 and the other tenant is MTM at $1800 per month.
Last Agent to Sell the Property
Nara Advisors, Inc. License #02147674 Listed on: 05/21/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,352
Year Built
- Built in 1958
Home Design
- Composition Roof
- Stucco Exterior
Additional Features
- 1-Story Property
- Partially Fenced Property
Listing and Financial Details
- Tenant pays for electricity, gas/propane
- Assessor Parcel Number 626-481-19-00
Community Details
Overview
- 2 Units
- Veterans Park Community
Building Details
- Net Operating Income $1,824
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2024
Closed on
Aug 21, 2024
Sold by
Richard D And Priscilla L Roberts Living and Price Priscilla L
Bought by
Monarch Investment Group 3 Llc
Seller's Agent
Ryan Merriken
Nara Advisors, Inc.
Buyer's Agent
Ryan Merriken
Nara Advisors, Inc.
List Price
$800,000
Sold Price
$700,000
Premium/Discount to List
-$100,000
-12.5%
Views
22
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$828,800
Outstanding Balance
$142,048
Interest Rate
6.77%
Mortgage Type
Construction
Estimated Equity
$623,500
Purchase Details
Closed on
Dec 20, 2006
Sold by
Price Priscilla L
Bought by
Price Priscilla L
Purchase Details
Closed on
Jun 24, 1998
Sold by
Price Lydia B
Bought by
Price Lydia B
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $700,000 | Wfg National Title Company Of | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $828,800 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2025 06/09/25 | For Sale | $1,199,999 | +71.4% | $691 / Sq Ft |
| 08/30/2024 08/30/24 | Sold | $700,000 | -12.5% | $403 / Sq Ft |
| 05/23/2024 05/23/24 | Pending | -- | -- | -- |
| 05/21/2024 05/21/24 | For Sale | $800,000 | -- | $461 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $2,352 | $700,000 | $229,097 | $470,903 |
| 2024 | $2,352 | $76,717 | $25,108 | $51,609 |
| 2023 | $2,267 | $75,214 | $24,616 | $50,598 |
| 2022 | $2,192 | $73,740 | $24,134 | $49,606 |
| 2021 | $2,022 | $72,295 | $23,661 | $48,634 |
| 2020 | $1,827 | $71,555 | $23,419 | $48,136 |
| 2019 | $1,711 | $70,153 | $22,960 | $47,193 |
| 2018 | $1,763 | $68,778 | $22,510 | $46,268 |
| 2017 | $1,787 | $67,430 | $22,069 | $45,361 |
| 2016 | $1,593 | $66,109 | $21,637 | $44,472 |
| 2015 | $1,606 | $65,116 | $21,312 | $43,804 |
| 2014 | $1,618 | $63,841 | $20,895 | $42,946 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Merriken
Map
Source: San Diego MLS
MLS Number: 240011366
APN: 626-481-19
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