NOT LISTED FOR SALE

1025 E 16th St Unit 2 Long Beach, CA 90813

Central Neighborhood

Estimated Value: $487,000 - $550,271

3 Beds
2 Baths
1,132 Sq Ft
4,051 Sq Ft Lot

Last Sold October 06, 2017

Last sale price $330,000 $292 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,174/month

41 Days on Market

Highlights

  • No Units Above
  • Updated Kitchen
  • No HOA
  • Long Beach Polytechnic High School Rated A
  • Property is near public transit
  • 5-minute walk to Rosa Parks Park

About This Home

As of October 2017

Completely remodeled 3 bedroom 2 bath condominium. New laminate wood floors, new kitchen with white shaker cabinets, quartz countertops, and
stainless steel appliances. 2-car detached garage. Property conveniently located next to Poly High School. "No association dues!"

Last Agent to Sell the Property

Rodney Farrow

Berkshire Hathaway HomeServices California Properties License #01912300 Listed on: 07/20/2017

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Greg Johnson

eXp Realty of California Inc License #02003797

eXp Realty of California Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,861

Year Built

  • Built in 1982

Lot Details

  • No Units Above
  • 1 Common Wall

Parking

  • 1 Car Garage

Home Design

  • 1,132 Sq Ft Home
  • Split Level Home

Kitchen

  • Updated Kitchen
  • Gas Cooktop

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Additional Features

  • Exterior Lighting
  • Property is near public transit
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7268023054

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,861

Year Built

Built in 1982

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • View: No
  • Zoning: LBR34
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7268023054
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1132.00 Square Feet
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Price Per Square Foot: 291.52
  • Room Type: All Bedrooms Up
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 4069.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5752.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2017
Closed on
Oct 3, 2017
Sold by
Nava Jeffrey
Bought by
Zobel Markie Morgan
Seller's Agent
Rodney Farrow
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Greg Johnson
eXp Realty of California Inc
List Price
$338,500
Sold Price
$330,000
Premium/Discount to List
-$8,500
-2.51%
Current Estimated Value
$522,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,318
Avg. Annual Appreciation
5.89%
Original Mortgage
$15,000
Outstanding Balance
$12,543
Interest Rate
3.86%
Mortgage Type
Negative Amortization
Estimated Equity
$509,775

Purchase Details

Listed on
Jul 20, 2017
Closed on
Sep 6, 2017
Sold by
Urban Street Ventures Inc
Bought by
Zobel Markie Morgan
Seller's Agent
Rodney Farrow
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Greg Johnson
eXp Realty of California Inc
List Price
$338,500
Sold Price
$330,000
Premium/Discount to List
-$8,500
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Outstanding Balance
$12,543
Interest Rate
3.86%
Mortgage Type
Negative Amortization
Estimated Equity
$509,775

Purchase Details

Listed on
Feb 19, 2017
Closed on
Mar 25, 2017
Sold by
Russell Reginald D
Bought by
Urban Street Ventures Inc
Seller's Agent
Rodney Farrow
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Rodney Farrow
Berkshire Hathaway HomeServices California Properties
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
258.07%

Purchase Details

Listed on
Feb 19, 2017
Closed on
Feb 24, 2017
Sold by
Russell Carmen Teresa Saunders
Bought by
Russell Reginald D
Seller's Agent
Rodney Farrow
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Rodney Farrow
Berkshire Hathaway HomeServices California Properties
Sold Price
$170,000

Purchase Details

Closed on
Nov 22, 2016
Sold by
Andrade Paul
Bought by
Russell Reginald D

Purchase Details

Closed on
Oct 20, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Russell Reginald D and Andrade Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2008
Sold by
Aquino Christopher Laurel
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 7, 2007
Sold by
Aquino Christopher Laurel and De La Cruz Herbie
Bought by
Aquino Christopher Laurel and Delacruz Herbie

Purchase Details

Closed on
Feb 1, 2007
Sold by
Virtudes Amparo
Bought by
Aquino Christopher Laurel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2007
Sold by
Aquino Carmela
Bought by
Aquino Christopher Laurel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2006
Sold by
Aquino Christopher Laurel
Bought by
Aquino Christopher Laurel and Delacruz Herbie

Purchase Details

Closed on
Jun 18, 2003
Sold by
Legaspi Ronaldo and Legaspi Graciela
Bought by
Vertudis Amparo
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
Zobel Markie Morgan -- Chicago Title Company
Zobel Markie Morgan $330,000 Chicago Title Company
Urban Street Ventures Inc $170,000 Chicago Title
Russell Reginald D -- Chicago Title
Russell Reginald D -- Chicago Title
Russell Reginald D $165,000 Chicago Title
Federal Home Loan Mortgage Corporation $260,000 Landsafe Title
Aquino Christopher Laurel -- Accommodation
Aquino Christopher Laurel $390,000 North American Title Co
Aquino Christopher Laurel -- North American Title Co
Aquino Christopher Laurel -- Accommodation
Vertudis Amparo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zobel Markie Morgan $15,000
Open Zobel Markie Morgan $320,100
Previous Owner Russell Reginald D $132,000
Previous Owner Aquino Christopher Laurel $312,000
Previous Owner Aquino Christopher Laurel $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2017 10/06/17 Sold $330,000 +0.2% $292 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
08/15/2017 08/15/17 Price Changed $329,500 -2.7% $291 / Sq Ft
07/20/2017 07/20/17 For Sale $338,500 +99.1% $299 / Sq Ft
03/30/2017 03/30/17 Sold $170,000 0.0% $150 / Sq Ft View Prior Sale
02/22/2017 02/22/17 Pending -- -- --
02/19/2017 02/19/17 Off Market $170,000 -- --
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 $4,861 $375,478 $170,671 $204,807
2024 $4,861 $368,117 $167,325 $200,792
2023 $2,649 $189,635 $111,550 $78,085
2022 $2,492 $185,917 $109,363 $76,554
2021 $2,437 $182,272 $107,219 $75,053
2020 $2,430 $180,404 $106,120 $74,284
2019 $2,402 $176,868 $104,040 $72,828
2018 $2,320 $173,400 $102,000 $71,400
2016 $2,941 $236,613 $127,575 $109,038
2015 $2,825 $233,060 $125,659 $107,401
2014 $2,809 $228,496 $123,198 $105,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17166985

California Regional Multiple Listing Service (CRMLS)

APN: 7268-023-054