NOT LISTED FOR SALE

Estimated Value: $1,023,000 - $1,203,000

4 Beds
3 Baths
2,344 Sq Ft
$475/Sq Ft Est. Value

Last Sold January 27, 2016

Last sale price $615,000 $262 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,602/month

19 Days on Market

Highlights

  • 0.17 Acre Lot
  • Main Floor Bedroom
  • Den
  • Wood Flooring
  • Bonus Room
  • Living Room

About This Home

As of January 2016

Rare opportunity to own Two Homes on a Lot in the heart of the historic Willmore District in Long Beach. Perfect for a large extended family, live in one and rent the other for income, or sit back and collect rents on both! This storybook Victorian home has been lovingly restored & updated to offer contemporary tastes while maintaining the classic architectural integrity of this golden era home. There are many original details throughout, hardwood floors, wood framed windows, and newer roof. The open-airy floor plan features a formal living area, formal dining room and a gourmet kitchen with custom cabinets, granite counter tops and stainless steel appliances including fridge. Additionally the home has 3 bedrooms, 2 bathrooms, a large den, and a big laundry/service room. The rear yard is ample, private and features a wooden deck off the kitchen, great for entertaining. The 2nd home in the rear is a fully detached 1 bedroom, 1 bathroom with it’s own 2-car garage. The property has a total of 4 garage spaces with access from the alley. There is a long driveway for additional off-street parking and/or RV parking. Convenient location close to Pine Ave, shopping, restaurants and entertainment!

Last Agent to Sell the Property

Sean Na

Keller Williams Pacific Estate License #01730195 Listed on: 11/02/2015

Last Buyer's Agent

Nick Resendez

Keller Williams Pacific Estate License #01277907

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 7,478 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Interior Spaces

  • 2,344 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Den
  • Bonus Room
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Rain Gutters

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 7272006028

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $950

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Parking

4

Listing Details

  • Inclusions: kitchen appliances, washer, dryer
  • Property Attached: No
  • Road Surface Type: Paved
  • Property Type: Residential Income
  • Parcel Number: 7272006028
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Price Per Square Foot: 262.37
  • Room Type: Bonus Room, Den, Living Room, Master Bedroom, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gutters, Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre, Paved
  • Lot Size Sq Ft: 7478.00
  • Price Per Lot Square Foot: 82.24
  • Lot Size Acres: 0.1720

Multi Family

  • Gross Income: 950.00
  • Gross Scheduled Income: 11400.00
  • Lot Size Area: 7478.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 900.00

Tax Info

  • Tax Lot: 000
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2015
Sold by
Jeske Audra Aaron and Jeske Michael Alexander
Bought by
Karr Rachel M
Current Estimated Value
$1,113,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,951
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 19, 2013
Closed on
Aug 2, 2013
Sold by
Terry Jennifer and Khan Surina
Bought by
Jeske Audra Aaron and Jeske Michael Alexander
Seller's Agent
raini ayaz
Equity Union
Buyer's Agent
Jeff Anderson
eXp Realty of California Inc
List Price
$519,000
Sold Price
$515,000
Premium/Discount to List
-$4,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$505,672
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 2004
Sold by
Grant Alfred A
Bought by
Terry Jennifer and Khan Surina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 1994
Sold by
Hinton Michael L and Hinton Brenda
Bought by
Grant Alfred A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
3.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Karr Rachel M $615,000 Pacific Title Company
Jeske Audra Aaron $515,000 Lawyers Title
Terry Jennifer $495,000 Natc
Grant Alfred A $169,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karr Rachel M $598,951
Previous Owner Jeske Audra Aaron $505,672
Previous Owner Terry Jennifer $396,000
Previous Owner Grant Alfred A $135,200
Closed Terry Jennifer $74,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2016 01/27/16 Sold $615,000 -5.4% $262 / Sq Ft
11/21/2015 11/21/15 Pending -- -- --
11/02/2015 11/02/15 For Sale $650,000 +26.2% $277 / Sq Ft
09/06/2013 09/06/13 Sold $515,000 -0.8% $220 / Sq Ft View Prior Sale
07/29/2013 07/29/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $519,000 -- $221 / 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 $9,345 $728,028 $473,516 $254,512
2024 $9,345 $713,754 $464,232 $249,522
2023 $9,189 $699,760 $455,130 $244,630
2022 $8,626 $686,040 $446,206 $239,834
2021 $8,451 $672,589 $437,457 $235,132
2020 $8,429 $665,694 $432,972 $232,722
2019 $8,330 $652,642 $424,483 $228,159
2018 $8,116 $639,846 $416,160 $223,686
2016 $6,435 $533,297 $372,791 $160,506
2015 $6,176 $525,288 $367,192 $158,096
2014 $6,136 $515,000 $360,000 $155,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15238079

California Regional Multiple Listing Service (CRMLS)

APN: 7272-006-028