NOT LISTED FOR SALE

993 K St Brawley, CA 92227

Estimated Value: $280,000 - $402,000

6 Beds
4 Baths
1,976 Sq Ft
$170/Sq Ft Est. Value

Last Sold March 14, 2017

Last sale price $200,000 $101 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,980/month

12 Days on Market

Highlights

  • Central Heating and Cooling System
  • Auto Driveway Gate
  • 5-minute walk to Guadalupe Park
  • Family Room
  • 1-Story Property

About This Home

As of March 2017

Here is a fantastic investment opportunity. This property is currently a duplex, but designed to be a triplex, so there is additional upside potential for the future owner. Both units are currently rented, so the cash is already flowing. These units are located directly across the street from Hidalgo School, plus there is a bus stop, right in front of the property. Both features could potentially be of benefit to the tenants. Call your Realtor, for your showing, today.

Last Agent to Sell the Property

James Garcia

Capital Real Estate License #01767515 Listed on: 01/08/2017

Last Buyer's Agent

Joseph McCormack

Real Estate One of IV License #01127866

Real Estate One of IV

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,506

Year Built

  • Built in 1995

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,976 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Oven or Range
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Auto Driveway Gate
  • Driveway

Schools

  • Hidalgo Elementary School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 049150023000

Community Details

Overview

  • 2 Units
  • Keystone Road Subdivision

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,506

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Disclosures: None
  • Lot Acreage: 0.1720
  • Lot Size: 50 x 150
  • Price/ Sq Ft: 96.15
  • Additional Assessor Parcel Numbers: False
  • Advertising Remarks: Here is a fantastic investment opportunity. This property is currently a duplex, but designed to be a triplex, so there is additional upside potential for the future owner. Both units are currently rented, so the cash is already flowing. These units are located directly across the street from Hidalgo School, plus there is a bus stop, right in front of the property. Both features could potentially be of benefit to the tenants. Call your Realtor, for your showing, today.
  • Assessor Parcel Number: 049150023000
  • Street Address: 993 K ST
  • Street Name Display: True
  • Street Number Display: True
  • Year Built: 1995
  • Builders Tract Name: Keystone Road
  • State Abbrv: CA
  • Alley: True
  • Annual C F D Y N: False
  • Like Units1: 1
  • Like Units2: 2
  • Number Of Photos: 3
  • R V Access Y N: False
  • Sale Agent Board: OUT OF AREA BOARD
  • Sale Agent Broker I D: IC2063
  • Sale Agent Cell: 760-336-1045
  • Sale Agent Email: joenwrealty@yahoo.com
  • Sale Agent Fax: 888-858-0443
  • Sale Agent First Name: Joseph
  • Sale Agent I D: IC2506
  • Sale Agent Last Name: McCormack
  • Sale Agent License Number: 01127866
  • Sale Agent Office I D: IC3433
  • Sale Agent Office Phone: 760-353-5444
  • Sale Agent Phone: 760-336-1045
  • Sale Broker License Number: 00913707
  • Sale Office Address1: 1850 W. Main St, Suite G
  • Sale Office Broker I D: IC2063
  • Sale Office City: El Centro
  • Sale Office Fax: 760-370-9360
  • Sale Office I D: IC3433
  • Sale Office Name: Real Estate One of IV
  • Sale Office Phone: 760-353-5444
  • Sale Office State: CA
  • Sale Office Zip: 92243
  • Scheduled Actual: Actual
  • Unit Actual Rent1: 950.00
  • Unit Actual Rent2: 650.00
  • Unit Baths1: 3.00
  • Unit Baths2: 1.00
  • Unit Beds1: 4
  • Unit Beds2: 2
  • Unit Projected Rent1: 950
  • Unit Projected Rent2: 650
  • Unit Rent1: 950.00
  • Unit Rent2: 650.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Family Room: Yes
  • Flooring: Other
  • Laundry: Inside, Outside
  • Equipment: Oven/Range-Other
  • Living Area: 1976
  • Total Bathrooms: 4.00
  • Bedrooms: 6

Exterior Features

  • Roof: Asphalt
  • View: False
  • Stories: 1

Garage/Parking

  • Other Spaces: 6
  • Garage: Driveway, Driveway - Concrete, Driveway Gate, Parking Space
  • Total Parking: 6

Utilities

  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Water Heaters: True

Condo/Co-op/Association

  • No. of Units: 2

Schools

  • Elementary School: Hidalgo

Lot Info

  • Lot Size Area: 7500

Rental Info

  • Number Leased: 2
  • Owner Pays: Other

MLS Schools

  • Elementary School: Hidalgo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2017
Closed on
Jan 19, 2017
Sold by
Hernandez Julian Francisco
Bought by
Gonzalez Zenon and Villasenor Martha P
Seller's Agent
James Garcia
Capital Real Estate
Buyer's Agent
Joseph McCormack
Real Estate One of IV
List Price
$190,000
Sold Price
$200,000
Premium/Discount to List
$10,000
5.26%
Current Estimated Value
$335,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,046
Avg. Annual Appreciation
6.18%
Original Mortgage
$150,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2013
Sold by
Hernandez Julian Francisco
Bought by
Hernandez Julian Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2005
Sold by
Hernandez Julian Francisco
Bought by
Hernandez Julian Francisco
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
Gonzalez Zenon $200,000 Chicago Title Company
Hernandez Julian Francisco -- Chicago Title Company
Hernandez Julian Francisco -- Chicago Title Company
Hernandez Julian Francisco -- Public
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Zenon $150,000
Previous Owner Hernandez Julian Francisco $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2017 03/14/17 Sold $200,000 +5.3% $101 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
01/08/2017 01/08/17 For Sale $190,000 -- $96 / 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 $2,506 $232,111 $58,026 $174,085
2023 $2,506 $223,100 $55,774 $167,326
2022 $2,509 $218,727 $54,681 $164,046
2021 $2,494 $214,439 $53,609 $160,830
2020 $2,492 $212,241 $53,060 $159,181
2019 $2,437 $208,080 $52,020 $156,060
2018 $2,381 $204,000 $51,000 $153,000
2017 $2,103 $176,706 $29,280 $147,426
2016 $2,027 $173,242 $28,706 $144,536
2015 -- $170,640 $28,275 $142,365
2014 -- $167,299 $27,722 $139,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Imperial County Association of REALTORS®

MLS Number: 17191336IC

Imperial County Association of REALTORS®

APN: 049-150-023-000