NOT LISTED FOR SALE

1019 E 17th St Long Beach, CA 90813

Central Neighborhood

Estimated Value: $742,000 - $781,000

-- Bed
4 Baths
1,532 Sq Ft
$500/Sq Ft Est. Value

Last Sold January 30, 2012

Last sale price $220,000 $144 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $4,351/month

36 Days on Market

Highlights

  • Spanish Architecture
  • Tile Flooring
  • Heating System Uses Natural Gas
  • Long Beach Polytechnic High School Rated A

About This Home

As of January 2012

4 studio units. 3 of the 4 have been rehabbed and are vacant! Very clean fourplex with newer stucco, gated access, community laundry, huge gated side yard with 2 single car garages. Units rent for approximately $600/each. Bread and butter fourplex ready to go!

Last Agent to Sell the Property

Terry McCarty

Coldwell Banker Realty License #01239625 Listed on: 12/06/2011

Coldwell Banker Realty

Last Buyer's Agent

Linda Ethier

Linda Ethier, Broker License #00669385

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 3,363 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Spanish Architecture
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 1,532 Sq Ft Home
  • Tile Flooring

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Sewer Paid

Community Details

  • 4 Units
  • 4 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for gas
  • Tax Block A
  • Assessor Parcel Number 7268025044

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 7268025044
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 143.60

Exterior Features

  • Pool Private: No
  • Roof: Tar/Gravel
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 3363.00
  • Lot Size Acres: 0.0800

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Gross Multiplier: 7.64
  • Gross Scheduled Income: 28800.00
  • Lot Size Area: 3363.0000 Square Feet
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Area: 11933
  • Tax Block: A
  • Tax Lot: 0.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2011
Closed on
Jan 19, 2012
Sold by
Wells Fargo Bank N A
Bought by
Frankcombe Dennis
Seller's Agent
Terry McCarty
Coldwell Banker Realty
Buyer's Agent
Linda Ethier
Linda Ethier, Broker
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%
Current Estimated Value
$765,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,667
Avg. Annual Appreciation
9.37%

Purchase Details

Closed on
Nov 3, 2011
Sold by
Herrera Fernando Ruiz
Bought by
Wells Fargo Bank N A and Wachovia Mortgage

Purchase Details

Closed on
Oct 11, 2001
Sold by
Guzman Ramiro
Bought by
Herrera Fernando Ruiz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,429
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2000
Sold by
Guzman Marylou
Bought by
Guzman Ramiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.27%

Purchase Details

Closed on
May 1, 2000
Sold by
Hud
Bought by
Guzman Ramiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.27%

Purchase Details

Closed on
Mar 19, 1999
Sold by
Harbor Financial Mtg Corp
Bought by
Hud

Purchase Details

Closed on
May 11, 1998
Sold by
Santana Xavier
Bought by
Harbor Financial Mtg Corp

Purchase Details

Closed on
Jul 10, 1997
Sold by
Santana Xavier
Bought by
Herrera Guadalupe and Santana Xavier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.93%

Purchase Details

Closed on
Jan 7, 1997
Sold by
Reyes Michelle D
Bought by
Santana Xavier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,334
Interest Rate
7.66%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 1996
Sold by
House Of Stephenas Envangelistic Assn
Bought by
Rawlings Danny E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.18%

Purchase Details

Closed on
Jul 22, 1996
Sold by
Hud
Bought by
House Of Stephanas Evangelistic Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.18%

Purchase Details

Closed on
May 16, 1996
Sold by
Midland Mtg Co
Bought by
Hud

Purchase Details

Closed on
Dec 18, 1995
Sold by
Sanchez Jerome Steven and Connolly Patrick M
Bought by
Midland Mtg Co
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Frankcombe Dennis $220,000 Fidelity National Title Co
Wells Fargo Bank N A $292,859 None Available
Herrera Fernando Ruiz $160,000 Southland Title Corporation
Guzman Ramiro -- Southland Title
Guzman Ramiro $89,500 Southland Title
Hud -- Benefit Land Title Ins Co
Harbor Financial Mtg Corp $132,807 Benefit Land Title Ins Co
Herrera Guadalupe -- Southland Title Corporation
Santana Xavier $135,000 Southland Title
Rawlings Danny E $32,500 California Counties Title Co
House Of Stephanas Evangelistic Assn $32,500 California Counties Title Co
Hud -- American Title Ins Co
Midland Mtg Co $125,530 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrera Fernando Ruiz $157,429
Previous Owner Guzman Ramiro $108,000
Previous Owner Herrera Guadalupe $48,000
Previous Owner Santana Xavier $133,334
Previous Owner Rawlings Danny E $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2012 01/30/12 Sold $220,000 -8.3% $144 / Sq Ft
01/11/2012 01/11/12 Pending -- -- --
12/06/2011 12/06/11 For Sale $239,900 -- $157 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,069 $276,319 $150,720 $125,599
2024 $4,069 $270,902 $147,765 $123,137
2023 $3,992 $265,591 $144,868 $120,723
2022 $3,760 $260,384 $142,028 $118,356
2021 $3,672 $255,280 $139,244 $116,036
2019 $3,619 $247,711 $135,115 $112,596
2018 $3,483 $242,855 $132,466 $110,389
2016 $3,212 $233,426 $127,323 $106,103
2015 $3,093 $229,921 $125,411 $104,510
2014 $3,092 $225,418 $122,955 $102,463
Source: Public Records

Agents Affiliated with this Home

  • Terry McCarty

    Seller's Agent in 2012

    Terry McCarty

    Coldwell Banker Realty

    (714) 392-2880

    159 Total Sales

    Terry McCarty
    Section Image

  • L

    Buyer's Agent in 2012

    Linda Ethier

    Linda Ethier, Broker

    (562) 833-3626

    10 Total Sales

    Linda Ethier
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S681612

California Regional Multiple Listing Service (CRMLS)

APN: 7268-025-044

California Los Angeles County Long Beach 90813 Central

1019 E 17th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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