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300 West Main Street

300 West Main Street, Westmorland, CA 92281
Property in Imperial
Local assessors in Westmorland, CA have categorized 300 West Main Street as a commercial type of property. The property's lot size has been calculated to be 87,991 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 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, 300 West Main Street sold most recently in Aug 5, 2022 for a total of $2,900,000. Before that, the property was also sold for $1,700,000 in Apr 14, 2015. 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 $33,447 in taxes each year. 300 West Main Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,900,000. If we break it down further, the land itself was valued at $600,000. Improvements to the property, however, were assessed at a total of $2,300,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 87,991
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: TOWNSITE OF WESTMORLAND
  • Land Acres: 2.02
  • Standard Land Use Code: Service station (full service)
  • Legal Description 1: PAR 1 COC LM 035-381-07 OF BLK 45 RESUB TWNSTE OF WESTMORLAND

Ownership

  • Current Owner : MATTHEW D PROPERTY LLC
  • Previous Owner : KYUTAE KIM ART
  • Previous Owner 2: HEE SOO
  • Owner Before Previous Owner: KIM YOUNG YUL
  • Owner Before Previous Owner 2: KIM KYUNG OCK
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Brawley Union High School District
  • Census Tract: 010200

Geography

  • Parcel: 035-381-009-000
  • Block: 45
  • Municipality: WESTMORLAND
  • Latitude: 33.0368
  • Longitude: -115.625

    Address

  • Full Address: 300 W Main St
  • Address - House Number: 300
  • Street Direction: W
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: CA
  • City Name: Westmorland
  • Zip Code: 92281

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $33,447
  • Tax Rate Code Area: 7-005

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,255,000
  • First Open Lien Mortgage Lender: GOLDWATER BANK NA
  • First Open Lien Mortgage Recording Date: Aug 25, 2022
  • First Open Lien Mortgage Loan Amount: $2,160,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: GOLDEN BANK, N.A.
  • Second Open Lien Mortgage Recording Date: Aug 25, 2022
  • Second Open Lien Mortgage Loan Amount: $95,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,900,000
  • Assessed Land Value: $600,000
  • Assessed Improvements Value: $2,300,000

    Sales

  • Current Sale Contract Date: Aug 05, 2022
  • Current Sale Recording Date: Aug 25, 2022
  • Current Sale Transaction ID: 11895586443
  • Current Sale Price: $2,900,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18194
  • Previous Sale Recording Date: May 01, 2015
  • Previous Sale Contract Date: Apr 14, 2015
  • Previous Sale Amount: $1,700,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: GOLDWATER BANK NA
  • First Mortgage Transaction Date: Aug 25, 2022
  • First Mortgage Loan Amount: $2,160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • Second Mortgage Lender: GOLDEN BANK, N.A.
  • Second Mortgage Transaction Date: Aug 25, 2022
  • Second Mortgage Loan Amount: $95,000

    Previous Mortgages

  • Previous Mortgage Lender: PACIFIC CITY BANK
  • Previous Mortgage Transaction Date: May 01, 2015
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,950,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Westmorland



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Frequently Asked Questions

What neighborhood is 300 West Main Street located in?
The 300 West Main Street is a located in the neighborhood of Imperial in Westmorland, Westmorland.
What is the average sales price for listings in 300 West Main Street?
The average sales price for units in 300 West Main Street is $0 currently.

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