Seller's Agent in 2014
Juan Huizar
Sage Real Estate Group, Inc.
(562) 307-0838
4 in this area
98 Total Sales
1034 Lewis Ave Long Beach, CA 90813
Saint Mary's NeighborhoodEstimated Value: $590,000 - $762,000
2
Beds
2
Baths
1,100
Sq Ft
$595/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Wood Flooring
- 5-minute walk to Craftsman Village Park
- Long Beach Polytechnic High School Rated A
About This Home
As of July 2014Back on the Market!!!Standard Sale. Adorable duplex, each unit is a 1 bed / 1 bath. Unit 1034 has been remodeled, new paint, new laminate wood flooring through out. This property is great as an investment or to live in one and rent the other. This property is located in a strong rental market of Long Beach. This is the lowest priced duplex in Long Beach, take advanatage of this great opportunity. Gross annual rent is $21,900, Gross Rent Multiplier is 13, and Cap Rate is at 6%.
Last Agent to Sell the Property
Sage Real Estate Group, Inc. License #01417642 Listed on: 05/01/2014
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 2,009 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- 1,100 Sq Ft Home
- Traditional Architecture
- Property Attached
- Composition Roof
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Parking
- Parking Available
- No Driveway
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 4
- Tax Tract Number 5764
- Assessor Parcel Number 7274008003
Community Details
Overview
- 2 Units
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $900
- Water Sewer Expense $900
- New Taxes Expense $3,562
- Gross Income $1,700
- Net Operating Income $15,038
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 9, 2017
Sold by
Kobbervig Donald L
Bought by
Kobbervig Donald Leslie and Bellows Inhi
Current Estimated Value
Purchase Details
Listed on
May 1, 2014
Closed on
Jun 2, 2014
Sold by
Do Steven
Bought by
Kobbervig Donald L and Bellows Inhi
Seller's Agent
Juan Huizar
Sage Real Estate Group, Inc.
Buyer's Agent
Hector Molina
NT & Associates, Inc.
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$180,000
Outstanding Balance
$136,239
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$517,761
Purchase Details
Closed on
Dec 3, 2008
Sold by
Lewis Avenue Trust 1034
Bought by
Do Steven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,100
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 25, 2008
Sold by
Flores Maria C
Bought by
Lewis Avenue Trust 1034 and Makaha Properties Llc
Purchase Details
Closed on
Aug 29, 2007
Sold by
Corona Vidal and Corona Julieta
Bought by
Flores Maria C
Purchase Details
Closed on
Mar 17, 2006
Sold by
Flores Maria C
Bought by
Corona Vidal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 20, 2006
Sold by
Hernandez Efren and Dobyns Nathaniel G
Bought by
Flores Maria C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 27, 2005
Sold by
Dobyns Diane L
Bought by
Dobyns Nathaniel G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 29, 2005
Sold by
Davis John and Ruch Ethan
Bought by
Hernandez Efren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,810
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 18, 2002
Sold by
Thompson Michael and Thompson Pamela A
Bought by
Arterbery Corp
Purchase Details
Closed on
May 15, 1996
Sold by
Davis John
Bought by
Davis John and Ruch Ethan
Purchase Details
Closed on
Dec 20, 1995
Sold by
Davis Coleen S
Bought by
Davis John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
7.68%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kobbervig Donald Leslie | -- | None Available | |
| Kobbervig Donald L | $280,000 | Old Republic Title Company | |
| Do Steven | $219,000 | Multiple | |
| Lewis Avenue Trust 1034 | $300,000 | None Available | |
| Flores Maria C | -- | Accommodation | |
| Corona Vidal | -- | None Available | |
| Flores Maria C | $435,000 | Gtc | |
| Dobyns Nathaniel G | -- | -- | |
| Hernandez Efren | $321,000 | Lawyers Title Company | |
| Arterbery Corp | -- | -- | |
| Davis John | -- | -- | |
| Davis John | -- | First American | |
| Davis John | -- | First American |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kobbervig Donald L | $180,000 | |
| Previous Owner | Do Steven | $197,100 | |
| Previous Owner | Flores Maria C | $348,000 | |
| Previous Owner | Hernandez Efren | $288,810 | |
| Previous Owner | Davis John | $62,500 | |
| Closed | Hernandez Efren | $16,045 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/11/2014 07/11/14 | Sold | $280,000 | -1.8% | $255 / Sq Ft |
| 05/27/2014 05/27/14 | Pending | -- | -- | -- |
| 04/12/2014 04/12/14 | For Sale | $285,000 | -- | $259 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $4,475 | $336,510 | $240,367 | $96,143 |
| 2024 | $4,475 | $329,912 | $235,654 | $94,258 |
| 2023 | $4,397 | $323,444 | $231,034 | $92,410 |
| 2022 | $4,131 | $317,103 | $226,504 | $90,599 |
| 2021 | $4,044 | $310,886 | $222,063 | $88,823 |
| 2019 | $3,987 | $301,668 | $215,478 | $86,190 |
| 2018 | $3,865 | $295,753 | $211,253 | $84,500 |
| 2016 | $3,558 | $284,270 | $203,050 | $81,220 |
| 2015 | $3,418 | $280,000 | $200,000 | $80,000 |
| 2014 | $2,895 | $230,054 | $147,067 | $82,987 |
Source: Public Records
Agents Affiliated with this Home
-
Juan Huizar
-
Hector Molina
Buyer's Agent in 2014
Hector Molina
NT & Associates, Inc.
(562) 684-4403
46 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW14075125
APN: 7274-008-003
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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
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