NOT LISTED FOR SALE

Estimated Value: $140,699 - $156,000

0.05 Acre
$3,171,739 Price per Acre
2,003 Sq Ft Lot

Last Sold September 18, 2017

Last sale price $86,000

Est. 70% increase in value since last sale

Current estimated payment $916/month

11 Days on Market

Highlights

  • No HOA
  • Rectangular Lot
  • 4-minute walk to Craftsman Village Park
  • Long Beach Polytechnic High School Rated A

About This Lot

As of September 2017

Builder's delight! Excellent opportunity for Investor/Developer/Builder. City zoning LBR4N. Land has potential in gaining value. Previously a house was on the lot years ago.

Vacant Lot sold AS IS Condition located City of Long Beach.

Buyer is advised to investigate with City of Long Beach zoning, and development requirements.

Last Agent to Sell the Property

Denise Durrell

First Team Real Estate License #01112400 Listed on: 08/21/2017

First Team Real Estate

Co-Listed By

Alan Broido

First Team Real Estate License #01224552

First Team Real Estate

Last Buyer's Agent

Alan Broido

First Team Real Estate License #01224552

First Team Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,454

Lot Details

  • 2,003 Sq Ft Lot
  • Lot Dimensions are 48x42
  • Rectangular Lot
  • Level Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LBR4N

Location

  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 7266004036

Property Details

Property Type

Land

Est. Annual Taxes

$1,454

Lot Details

0

Listing Details

  • Other Phone Description: Co List Agent
  • Other Phone Number: 7146241591
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Alamitos Beach (AB)
  • Survey: Buyer Pays
  • View: No
  • Zoning: LBR4N
  • Property Type: Land
  • Parcel Number: 7266004036
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 42.94

Utilities

  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Current Geological: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street, Rectangular Lot
  • Lot Size: 48x42
  • Lot Size Sq Ft: 2003.00

Tax Info

  • Tax Census Tract: 5764.01
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2017
Closed on
Sep 7, 2017
Sold by
Gordon Jason A
Bought by
Bohr Ryan
Seller's Agent
Denise Durrell
First Team Real Estate
Buyer's Agent
Alan Broido
First Team Real Estate
List Price
$80,000
Sold Price
$86,000
Premium/Discount to List
$6,000
7.5%
Current Estimated Value
$145,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,900
Avg. Annual Appreciation
16.51%

Purchase Details

Closed on
Apr 8, 2009
Sold by
Southstar I Llc
Bought by
Gordon Jason A

Purchase Details

Closed on
Jun 11, 2008
Sold by
Merrill Lynch Mortgage Lending Inc
Bought by
Southstar I Llc

Purchase Details

Closed on
Jan 23, 2007
Sold by
Chanda Court Trust #1065
Bought by
Wang Jian Huang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 20, 2005
Sold by
Garden Properties Inc
Bought by
Chanda Court Trust #1065 and Shore Bird Llc

Purchase Details

Closed on
May 9, 2005
Sold by
Conquistador Investments Llc
Bought by
Garden Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2005
Sold by
Butler Marcia
Bought by
Conquistador Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2004
Sold by
Strunk Ann
Bought by
Butler Marcia
Source: Public Records

Range of Values:

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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
Bohr Ryan $86,000 Western Resources Title Co
Gordon Jason -- Western Resources Title Co
Gordon Jason A $25,000 Lsi Title Fnds Division
Southstar I Llc -- None Available
Merrill Lynch Mortgage Lending Inc $70,000 Accommodation
Wang Jian Huang $425,000 First American Title Co
Chanda Court Trust #1065 $270,000 Advantage Title Inc
Garden Properties Inc -- Sut
Conquistador Investments Llc $280,000 Diversified Title & Escrow S
Butler Marcia -- Diversified Title & Escrow S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Jian Huang $340,000
Previous Owner Conquistador Investments Llc $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2017 09/18/17 Sold $86,000 +7.5% --
09/01/2017 09/01/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $80,000 -- --
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 $1,454 $97,851 $97,851 --
2024 $1,454 $95,933 $95,933 --
2023 $1,425 $94,052 $94,052 $0
2022 $1,343 $92,208 $92,208 $0
2021 $2,476 $90,400 $90,400 $0
2019 $1,296 $87,720 $87,720 $0
2018 $1,220 $86,000 $86,000 $0
2016 $491 $27,191 $27,191 $0
2015 $474 $26,783 $26,783 $0
2014 $470 $26,259 $26,259 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17195031

California Regional Multiple Listing Service (CRMLS)

APN: 7266-004-036