R
Seller's Agent in 2015
Rebecca Santana
Lightfeather Realty Group
1018 E 17th St Long Beach, CA 90813
Central NeighborhoodEstimated Value: $1,385,568 - $1,533,000
14
Beds
5
Baths
4,381
Sq Ft
$333/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Wall Furnace
- Long Beach Polytechnic High School Rated A
About This Home
As of March 2015Great cash flow!!! - nice large fourplex near Poly High in good condition, property has been well maintained. The front building includes 2 - 3 bedroom 1 bath units, located upstairs and a large 5 bedroom 2 bath unit, located on first floor. The single family house in rear has 3 bedrooms & 1 bath. To the rear of lot is a large 2 car garage with a storage room above, rent out for additional income!
Last Agent to Sell the Property
Rebecca Santana
Lightfeather Realty Group License #01750832 Listed on: 12/01/2014
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 6,489 Sq Ft Lot
- Lot Dimensions are 50 x 130
- No Common Walls
Parking
- 2 Car Garage
Home Design
- Cosmetic Repairs Needed
- Raised Foundation
Interior Spaces
- 4,381 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 14 Bedrooms
- 5 Bathrooms
Additional Features
- Suburban Location
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection, water
- Tax Lot 27
- Assessor Parcel Number 7268023027
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 6 Separate Water Meters
- Gardener Expense $600
- Insurance Expense $1,844
- Pest Control $840
- Water Sewer Expense $3,660
- Gross Income $5,850
- Net Operating Income $662,786
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 17, 2018
Sold by
Muralles Herbert W
Bought by
Muralles Herbert W Garcia
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$804,333
Outstanding Balance
$696,617
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$762,667
Purchase Details
Listed on
Dec 1, 2014
Closed on
Jan 30, 2015
Sold by
Pearson Paul D
Bought by
Muralles Herbert W
Seller's Agent
Rebecca Santana
Lightfeather Realty Group
Buyer's Agent
Jaime Sutachan
South Bay Executive Realty, Inc.
List Price
$825,000
Sold Price
$755,000
Premium/Discount to List
-$70,000
-8.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$741,325
Interest Rate
3.61%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 25, 2013
Sold by
Pearson Paul D and Pearson Kathleen A B
Bought by
Pearson Paul D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.34%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 9, 2009
Sold by
Hallinan Eugene J and Hallinan Tracy A
Bought by
Pearson Paul D and Pearson Kathleen A B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
5.08%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 9, 2008
Sold by
Pearson Paul D and Pearson Kathleen A B
Bought by
Pearson Paul D and Pearson Kathleen A B
Purchase Details
Closed on
Feb 23, 2007
Sold by
Hallinan Eugene J
Bought by
Hallinan Eugene J and Hallinan Tracy A
Purchase Details
Closed on
Aug 29, 2003
Sold by
Hallinan Eugene J
Bought by
Pearson Paul D and Hallinan Eugene J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
5.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 15, 2003
Sold by
Pearson Paul
Bought by
Hallinan Eugene J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
5.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 13, 2002
Sold by
Hud
Bought by
Pearson Paul and Hallinan Eugene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
5.89%
Mortgage Type
Commercial
Purchase Details
Closed on
May 18, 2001
Sold by
Lomeli Francisco Javier and Garcia Jesus
Bought by
Chase Manhattan Mtg Corp
Purchase Details
Closed on
Nov 29, 1999
Sold by
Lomeli Francisco Javier and Garcia Jesus
Bought by
Robles Socorro
Purchase Details
Closed on
Mar 23, 1999
Sold by
Stovall James R
Bought by
Lomeli Francisco Javier and Garcia Jesus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,271
Interest Rate
6.79%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 24, 1998
Sold by
Stovall Cynthia
Bought by
Stovall James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 30, 1998
Sold by
Nationscredit Financial Services
Bought by
Stovall James R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 9, 1998
Sold by
Hadsell Gary E and Nationscredit Financial Servic
Bought by
Nationscredit Financial Services
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 30, 1993
Sold by
Katz Kenneth
Bought by
Universal Life Church
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Muralles Herbert W Garcia | -- | Provident Title Company | |
| Muralles Herbert W | $755,000 | Ticor Title | |
| Pearson Paul D | -- | Pacific Coast Title | |
| Pearson Paul D | -- | Orange Coast Title Co | |
| Pearson Paul D | -- | None Available | |
| Pearson Paul D | -- | None Available | |
| Hallinan Eugene J | -- | None Available | |
| Pearson Paul D | -- | -- | |
| Hallinan Eugene J | -- | Orange Coast Title | |
| Pearson Paul | $361,000 | -- | |
| Chase Manhattan Mtg Corp | $357,389 | First American Title Co | |
| Robles Socorro | -- | -- | |
| Lomeli Francisco Javier | $340,000 | United Title Company | |
| Stovall James | -- | Southland Title Corporation | |
| Stovall James R | $123,500 | Southland Title Corporation | |
| Nationscredit Financial Services | $89,900 | Lawyers Title Company | |
| Universal Life Church | -- | First Southwestern Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Muralles Herbert W Garcia | $804,333 | |
| Closed | Muralles Herbert W | $741,325 | |
| Previous Owner | Pearson Paul D | $125,000 | |
| Previous Owner | Pearson Paul D | $97,000 | |
| Previous Owner | Hallinan Eugene J | $374,000 | |
| Previous Owner | Pearson Paul | $183,000 | |
| Previous Owner | Lomeli Francisco Javier | $337,271 | |
| Previous Owner | Stovall James | $162,000 | |
| Closed | Pearson Paul | $183,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/16/2015 03/16/15 | Sold | $755,000 | -8.5% | $172 / Sq Ft | |
| 01/20/2015 01/20/15 | Pending | -- | -- | -- | |
| 12/01/2014 12/01/14 | For Sale | $825,000 | +25.0% | $188 / Sq Ft | |
| 07/31/2013 07/31/13 | Sold | $660,000 | +1.5% | $151 / Sq Ft | View Prior Sale |
| 07/01/2013 07/01/13 | Pending | -- | -- | -- | |
| 06/10/2013 06/10/13 | For Sale | $650,000 | -- | $148 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $12,279 | $907,388 | $300,457 | $606,931 |
| 2024 | $12,279 | $889,597 | $294,566 | $595,031 |
| 2023 | $12,066 | $872,155 | $288,791 | $583,364 |
| 2022 | $11,344 | $855,055 | $283,129 | $571,926 |
| 2021 | $11,096 | $838,290 | $277,578 | $560,712 |
| 2020 | $11,066 | $829,695 | $274,732 | $554,963 |
| 2019 | $10,937 | $813,428 | $269,346 | $544,082 |
| 2018 | $10,578 | $797,479 | $264,065 | $533,414 |
| 2016 | $9,726 | $766,513 | $253,812 | $512,701 |
| 2015 | $6,320 | $486,014 | $263,796 | $222,218 |
| 2014 | $6,298 | $476,495 | $258,629 | $217,866 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jaime Sutachan
Buyer's Agent in 2015
Jaime Sutachan
South Bay Executive Realty, Inc.
(310) 978-9133
67 Total Sales
-
P
Seller's Agent in 2013
Paul Pearson
Paul D. Pearson, Broker
-
D
Buyer's Agent in 2013
David Farag
RE/MAX
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW14252022
APN: 7268-023-027
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 1084 E 19th St
- 1872 Lemon Ave
- 1843 Cerritos Ave
- 910 E 19th St
- 817 E New York St
- 1631 Atlantic Ave
- 1403 Lemon Ave
- 1844 Atlantic Ave
- 1416 Orange Ave
- 430 E Esther St
- 412 E 16th St
- 405 E Esther St
- 402 E 16th St
- 1584 Elm Ave
- 1390 Gundry Ave
- 1331 Atlantic Ave
- 1450 Peterson Ave
- 1567 Elm Ave
- 1340 Gundry Ave
- 1598 Long Beach Unit 201
- 1028 E 17th St
- 1036 E 17th St
- 1025 E 16th St Unit 2
- 1025 E 16th St Unit 1
- 1033 E 16th St
- 1044 E 17th St
- 1019 E 17th St Unit 1-4
- 1019 E 17th St
- 1703 Lewis Ave
- 1037 E 16th St
- 1013 E 17th St
- 1052 E 17th St
- 1007 E 17th St Unit ABCD
- 1043 E 16th St
- 1055 E 16th St
- 1060 E 17th St
- 1716 Martin Luther King jr Ave
- 1061 E 16th St
- 1068 E 17th St
- 1728 Martin Luther King jr Ave