NOT LISTED FOR SALE

Estimated Value: $746,000 - $927,000

4 Beds
2 Baths
1,635 Sq Ft
$518/Sq Ft Est. Value

Last Sold January 09, 2020

Last sale price $590,000 $361 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,215/month

7 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • Back and Front Yard
  • Laundry Room

About This Home

As of January 2020

Duplex in North Long Beach. Each unit has two bedrooms and one bathroom with separate meters. Detached one car garage for each unit and one common laundry room. The property has updated kitchen, bathroom, flooring and interior paint. Perfect opportunity for families or investors looking to add a unit in a high rental demand area.

Last Agent to Sell the Property

Virginia Melendrez

T.N.G. Real Estate Consultants License #01835680 Listed on: 11/15/2019

Last Buyer's Agent

Lori Mikell

Equity Union License #01190586

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 4,195 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 1,635 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 243
  • Tax Tract Number 7717
  • Assessor Parcel Number 7307009021

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: LBR1N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7307009021
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 360.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 4195.00
  • Lot Size Acres: 0.0963

Multi Family

  • Lot Size Area: 4195.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5704.02
  • Tax Lot: 243
  • Tax Tract Number: 7717

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Dec 19, 2019
Sold by
Joseph Carl G and Joseph Tracy L
Bought by
Habib Marc and Habib Maggie
Seller's Agent
Virginia Melendrez
T.N.G. Real Estate Consultants
Buyer's Agent
Lori Mikell
Equity Union
List Price
$559,000
Sold Price
$590,000
Premium/Discount to List
$31,000
5.55%
Current Estimated Value
$847,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,403
Avg. Annual Appreciation
6.25%
Original Mortgage
$442,500
Outstanding Balance
$389,286
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$458,117

Purchase Details

Closed on
Jun 17, 2003
Sold by
Joseph Carl G
Bought by
Joseph Carl G and Joseph Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 1993
Sold by
Joseph Kathleen L
Bought by
Joseph Carl G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,450
Interest Rate
7.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Habib Marc $590,000 Wfg National Title
Joseph Carl G -- Gateway Title Company
Joseph Carl G -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Habib Marc $442,500
Previous Owner Joseph Carl G $104,000
Previous Owner Joseph Carl G $108,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2020 01/09/20 Sold $590,000 +5.5% $361 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
11/15/2019 11/15/19 For Sale $559,000 -- $342 / 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 $9,296 $703,579 $324,729 $378,850
2024 $9,296 $689,784 $318,362 $371,422
2023 $9,134 $676,260 $312,120 $364,140
2022 $8,580 $663,000 $306,000 $357,000
2021 $7,762 $596,112 $303,108 $293,004
2020 $2,141 $141,287 $56,209 $85,078
2019 $2,117 $138,526 $55,107 $83,419
2018 $1,984 $135,820 $54,027 $81,793
2016 $1,823 $130,106 $51,930 $78,176
2015 $1,756 $128,152 $51,150 $77,002
2014 $1,756 $125,643 $50,149 $75,494
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19266130

California Regional Multiple Listing Service (CRMLS)

APN: 7307-009-021