NOT LISTED FOR SALE

Estimated Value: $1,262,000 - $1,758,000

3 Beds
2 Baths
4,794 Sq Ft
$299/Sq Ft Est. Value

Last Sold April 26, 2013

Last sale price $650,000 $136 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $8,397/month

21 Days on Market

Highlights

  • Central Heating
  • Long Beach Polytechnic High School Rated A
  • 3-minute walk to NAACP Freedom Park

About This Home

As of April 2013

Triplex (3 units): 3 bedrooms and 2.5 baths each. Rent: $1500 a month each unit. We do not have expenses as of yet. Two car garage.

Last Agent to Sell the Property

Barbara Lynch

Corcoran Global Living License #00987132 Listed on: 02/27/2013

Last Buyer's Agent

Barbara Lynch

Corcoran Global Living License #00987132 Listed on: 02/27/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,627

Year Built

  • Built in 2003

Lot Details

  • 7,542 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 4,794 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Urban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 50
  • Assessor Parcel Number 7211017013

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Water Sewer Expense $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,627

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • Water Sewer Expenses: 200.00
  • Property Type: Residential Income
  • Parcel Number: 7211017013
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 135.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7542.00
  • Lot Size Acres: 0.1730

Multi Family

  • Gross Scheduled Income: 54000.00
  • Lot Size Area: 7542.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 50
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2013
Closed on
Mar 20, 2013
Sold by
Hun Kenneth and Tep Somaly
Bought by
Sar Richard
Seller's Agent
Barbara Lynch
Corcoran Global Living
Buyer's Agent
Barbara Lynch
Corcoran Global Living
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$1,435,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$785,049
Avg. Annual Appreciation
6.54%
Original Mortgage
$487,500
Outstanding Balance
$344,949
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,090,100

Purchase Details

Closed on
Jun 22, 2004
Sold by
Hun Kenneth and Tep Somaly
Bought by
Hun Kenneth and Tep Somaly

Purchase Details

Closed on
Feb 14, 2004
Sold by
4 T Corp
Bought by
Hun Kenneth and Tep Somaly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2002
Sold by
Cetina Orlando A and Cetina Martha A
Bought by
4 T Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$571,444
Interest Rate
6.6%

Purchase Details

Closed on
Jun 29, 2001
Sold by
Cetina Orlando A and Cetina Martha A
Bought by
Cetina Orlando A and Cetina Martha A

Purchase Details

Closed on
Jul 16, 1997
Sold by
Oris Investments Inc
Bought by
Cetina Orlando and Cetina Martha
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
Sar Richard $650,000 Fidelity National Title Co
Hun Kenneth -- --
Hun Kenneth $650,000 Fidelity Long Beach
4 T Corp $90,000 Fidelity National Title
Cetina Orlando A -- --
Cetina Orlando -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sar Richard $487,500
Previous Owner Hun Kenneth $130,000
Previous Owner 4 T Corp $571,444
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2013 04/26/13 Sold $650,000 0.0% $136 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
02/27/2013 02/27/13 For Sale $650,000 -- $136 / 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 $10,627 $800,416 $369,423 $430,993
2024 $10,627 $784,723 $362,180 $422,543
2023 $10,452 $769,337 $355,079 $414,258
2022 $9,826 $754,253 $348,117 $406,136
2021 $9,612 $739,465 $341,292 $398,173
2020 $9,586 $731,884 $337,793 $394,091
2019 $9,476 $717,534 $331,170 $386,364
2018 $9,151 $703,466 $324,677 $378,789
2016 $8,393 $676,151 $312,070 $364,081
2015 $8,062 $665,996 $307,383 $358,613
2014 $8,014 $652,951 $301,362 $351,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13034243

California Regional Multiple Listing Service (CRMLS)

APN: 7211-017-013