Seller's Agent in 2016
Gary Cordova
Cordova Realty Management
(562) 809-0996
1 Total Sale
1089 E 7th St Long Beach, CA 90813
Hellman NeighborhoodEstimated Value: $996,000 - $1,094,000
6
Beds
4
Baths
3,020
Sq Ft
$342/Sq Ft
Est. Value
Highlights
- Dual Staircase
- Corner Lot
- No HOA
- Long Beach Polytechnic High School Rated A
- Private Yard
- 4-minute walk to Craftsman Village Park
About This Home
As of September 2016**PRICE SLASHED ON THIS CORNER LOT 4-PLEX** TWO 2-BEDROOM UNITS UPSTAIRS AND TWO 1-BEDROOM UNITS DOWNSTAIRS. LOOKING FOR THE RIGHT INVESTOR THAT HAS THE KNOW HOW IN GETTING THIS PROPERTY TO IT'S FULL POTENTIAL.
GREAT OPPORTUNITY TO BUILD UP QUICK EQUITY.
Last Agent to Sell the Property
Cordova Realty Management License #00549761 Listed on: 06/20/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,790
Year Built
- Built in 1922
Lot Details
- 2,592 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
- Paved or Partially Paved Lot
- Private Yard
Home Design
- Property Attached
Interior Spaces
- 3,020 Sq Ft Home
- 2-Story Property
- Dual Staircase
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Parking
- Parking Available
- Off-Street Parking
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 18
- Tax Tract Number 5764
- Assessor Parcel Number 7266005024
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $4,000
- Net Operating Income $34,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 20, 2023
Sold by
Frantela Stacey
Bought by
Stacey Gerard Frantela Ii Family Revocable Tr and Frantela
Current Estimated Value
Purchase Details
Listed on
Jun 20, 2016
Closed on
Aug 17, 2016
Sold by
Frantela Dayra
Bought by
Frantela Ii Stacey
Seller's Agent
Gary Cordova
Cordova Realty Management
Buyer's Agent
Kory Jackson
eXp Realty of California Inc
List Price
$775,000
Sold Price
$567,000
Premium/Discount to List
-$208,000
-26.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$453,600
Interest Rate
3.43%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 20, 2016
Closed on
Aug 9, 2016
Sold by
Miller Linda C
Bought by
Frantela Ii Stacey
Seller's Agent
Gary Cordova
Cordova Realty Management
Buyer's Agent
Kory Jackson
eXp Realty of California Inc
List Price
$775,000
Sold Price
$567,000
Premium/Discount to List
-$208,000
-26.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,600
Interest Rate
3.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 5, 2015
Sold by
King Kathy E
Bought by
King Kathy E and Kaythryn E King Living Trust Of 2015
Purchase Details
Closed on
Sep 10, 2003
Sold by
Rising Sunshine Investment Corp
Bought by
King Kathy E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 25, 2002
Sold by
Hud
Bought by
Patterson Gertrina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.25%
Purchase Details
Closed on
Feb 21, 2002
Sold by
Countrywide Home Loans
Bought by
Hud
Purchase Details
Closed on
Feb 20, 2002
Sold by
Ramirez Marco Tulio
Bought by
Countrywide Home Loans Inc
Purchase Details
Closed on
Jan 28, 2000
Sold by
Ramirez Marco T
Bought by
Ramirez Ana Estela
Purchase Details
Closed on
Jan 7, 1998
Sold by
Lone Star Investment Inc
Bought by
Ramirez Marco Tulio and Ramirez Nora Ruth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,661
Interest Rate
7%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 30, 1997
Sold by
Llanes Juan
Bought by
Lone Star Investment Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,661
Interest Rate
7%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 12, 1997
Sold by
Ichikawa Dorothy
Bought by
Llanes Juan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,661
Interest Rate
7%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stacey Gerard Frantela Ii Family Revocable Tr | -- | None Listed On Document | |
| Frantela Ii Stacey | -- | Chicago Title Company | |
| Frantela Ii Stacey | $567,000 | Chicago Title Company | |
| King Kathy E | -- | None Available | |
| King Kathy E | $450,000 | Investors Title Company | |
| Rising Sunshine Investments Corp | -- | Investors Title Company | |
| Patterson Gertrina | $300,000 | First Southwestern Title Co | |
| Hud | -- | Landsafe Title | |
| Countrywide Home Loans Inc | $285,063 | Landsafe Title | |
| Ramirez Ana Estela | -- | -- | |
| Ramirez Marco Tulio | $280,000 | Fidelity National Title Co | |
| Lone Star Investment Inc | -- | -- | |
| Llanes Juan | $127,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Frantela Stacey | $748,000 | |
| Previous Owner | Frantela Stacey | $737,750 | |
| Previous Owner | Frantela Stacey | $707,000 | |
| Previous Owner | Frantela Stacey | $697,500 | |
| Previous Owner | Frantela Ii Stacey | $567,000 | |
| Previous Owner | Frantela Ii Stacey | $453,600 | |
| Previous Owner | King Kathy E | $367,300 | |
| Previous Owner | King Kathy E | $420,000 | |
| Previous Owner | King Kathy E | $315,000 | |
| Previous Owner | Patterson Gertrina | $240,000 | |
| Previous Owner | Ramirez Marco Tulio | $268,661 | |
| Previous Owner | Llanes Juan | $88,900 | |
| Closed | Patterson Gertrina | $60,000 | |
| Closed | King Kathy E | $90,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2016 09/30/16 | Sold | $567,000 | -5.5% | $188 / Sq Ft |
| 08/02/2016 08/02/16 | Pending | -- | -- | -- |
| 07/22/2016 07/22/16 | Price Changed | $599,900 | -22.6% | $199 / Sq Ft |
| 06/20/2016 06/20/16 | For Sale | $775,000 | -- | $257 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,790 | $658,045 | $464,232 | $193,813 |
| 2024 | $8,790 | $645,143 | $455,130 | $190,013 |
| 2023 | $8,637 | $632,494 | $446,206 | $186,288 |
| 2022 | $8,116 | $620,093 | $437,457 | $182,636 |
| 2021 | $7,939 | $607,935 | $428,880 | $179,055 |
| 2019 | $7,825 | $589,906 | $416,160 | $173,746 |
| 2018 | $7,611 | $578,340 | $408,000 | $170,340 |
| 2016 | $6,818 | $540,462 | $324,278 | $216,184 |
| 2015 | $6,551 | $532,345 | $319,408 | $212,937 |
| 2014 | $6,519 | $521,918 | $313,152 | $208,766 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Cordova
-
Kory Jackson
Buyer's Agent in 2016
Kory Jackson
eXp Realty of California Inc
(310) 717-3720
36 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS16133258
APN: 7266-005-024
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