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1245 1st Avenue

1245 1st Avenue, Chula Vista, CA 91911
Property in Castle Park
Sold May 01, 2001
$175,000
$817,500 by Finance Of America Reverse Llc
Mortgage Due Sep 26, 2090
Sold Sep 04, 1985
$84,000
1245 1st Avenue in Chula Vista, CA was first built in 1963 and is 61 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1245 1st Avenue has 864 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,563 square feet.

Learn more about the property and building on this page. The roof of the home is made of materials that we aren't sure of. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a carport. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1245 1st Avenue sold most recently in Mar 22, 2001 for a total of $175,000. If you work out the math, that's approximately a cost of $202.55 per sqft. Before that, the property was also sold for $84,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,218 in taxes each year. 1245 1st Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $253,436. If we break it down further, the land itself was valued at $137,580. Improvements to the property, however, were assessed at a total of $115,856. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,563
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHULA VISTA
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: 1/4 SEC 119 POR TR 000505

Ownership

  • Current Owner : ORTEGA ANDRES D
  • Current Owner 2: ORTEGA BARBARA ELLEN
  • Previous Owner : KIMBALL TODD E
  • Previous Owner 2: KIMBALL CYNTHIA A
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sweetwater Union High School District
  • School Tax School District: CHULA VISTA CTY
  • Census Tract: 013302

Zoning

  • Zoning: R2P

Geography

  • Assessors Map Reference: 000505
  • Subdivision Tract Number: 000505
  • Parcel: 619-261-21-00
  • Lot: 6
  • Municipality: CITY OF CHULA VISTA
  • Latitude: 32.6111
  • Longitude: -117.058

    Address

  • Full Address: 1245 1st Ave
  • Address - House Number: 1245
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Chula Vista
  • Carrier Code: C015
  • 4-Digit Zip Code: 3402
  • Zip Code: 91911

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,218
  • Tax Rate Code Area: 01-285

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 608,735
  • High Value: 712,306
  • Low Value: 505,164

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $817,500
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA REVERSE LLC
  • First Open Lien Mortgage Recording Date: Jan 10, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $817,500
  • First Open Lien Mortgage Term: 823
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Sep 26, 2090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,436
  • Assessed Land Value: $137,580
  • Assessed Improvements Value: $115,856

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 22, 2001
  • Current Sale Recording Date: May 01, 2001
  • Current Sale Transaction ID: 1047009202
  • Current Sale Price: $175,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2001-0274104
  • Previous Sale Recording Date: Sep 04, 1985
  • Previous Sale Amount: $84,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHASE MANHATTAN MTG CORP
  • First Mortgage Transaction Date: May 01, 2001
  • First Mortgage Loan Amount: $125,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 01, 2031

About West Chula Vista



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Frequently Asked Questions

What neighborhood is 1245 1st Avenue located in?
The 1245 1st Avenue is a located in the neighborhood of Castle Park in West Chula Vista, Chula Vista.
What is the average sales price for listings in 1245 1st Avenue?
The average sales price for units in 1245 1st Avenue is $0 currently.

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