NOT LISTED FOR SALE

1118 N Norman Ct Long Beach, CA 90813

Cambodia Town Neighborhood

Estimated Value: $606,000 - $635,000

4 Beds
2 Baths
960 Sq Ft
$649/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $400,000 $417 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,804/month

14 Days on Market

Highlights

  • Wood Fence
  • Wall Furnace
  • 3-minute walk to Douglas Macarthur Park
  • Long Beach Polytechnic High School Rated A
  • Front Yard

About This Home

As of October 2018

Great potential for owner occupied home seekers to live in one and rent the other or for investors looking for steady income. Both units has been upgraded with tile floors, new kitchen, wall heaters, plumbing, electric panels,New roof, side fence and much more. Must see to appreciate

Last Agent to Sell the Property

Jimmy Thach

Seal Real Estate License #01386221 Listed on: 08/06/2018

Last Buyer's Agent

Stephanie Alvarez

Keller Williams Pacific Estate License #01959838

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,819

Year Built

  • Built in 1921

Lot Details

  • 2,525 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Front Yard

Home Design

  • 960 Sq Ft Home
  • Raised Foundation
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace
  • Private Water Source
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 5764
  • Assessor Parcel Number 7267003022

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Trash Expense $1,000
  • Water Sewer Expense $1,000
  • New Taxes Expense $2,450
  • Operating Expense $5,050
  • Gross Income $26,400
  • Net Operating Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,819

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Panorama (33545)
  • Water Sewer Expenses: 1000.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7267003022
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 416.67

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Trash Expense: 1000.00
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 2525.00

Multi Family

  • Gross Income: 26400.00
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 600.00
  • Net Operating Income: 26400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 5050.00

Tax Info

  • New Taxes Expense: 2450.00
  • Tax Census Tract: 5764.02
  • Tax Lot: 18
  • Tax Tract Number: 5764

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2018
Sold by
Kirton Micah
Bought by
Kirton Micah Annette and Micah Kirton Living Trust
Current Estimated Value
$622,904

Purchase Details

Listed on
Aug 6, 2018
Closed on
Sep 18, 2018
Sold by
Van Vansiphan
Bought by
Kirton Micah
Seller's Agent
Jimmy Thach
Seal Real Estate
Buyer's Agent
Stephanie Alvarez
Keller Williams Pacific Estate
List Price
$410,000
Sold Price
$400,000
Premium/Discount to List
-$10,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$378,510
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2011
Sold by
Van Vansiphan and Van Mao
Bought by
Vansiphan and Van Mao Khiev

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Vansiphan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2008
Sold by
Hernandez Teresa
Bought by
Deutsche Bank National Trust Co and Aegis Asset Backed Securities Trust 2006

Purchase Details

Closed on
Jun 12, 2006
Sold by
Gonzalez Teresa
Bought by
Hernandez Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
8.54%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 16, 2006
Sold by
Hernandez Teresa
Bought by
Gonzalez Teresa

Purchase Details

Closed on
Apr 22, 2005
Sold by
Resendiz Alma
Bought by
Gonzalez Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 15, 2001
Sold by
Rodriguez Jamie
Bought by
Gomez David

Purchase Details

Closed on
Mar 22, 2001
Sold by
Castaneda Victor Enciso
Bought by
Rodriguez Jaime

Purchase Details

Closed on
Dec 15, 2000
Sold by
Gomez Fanny D
Bought by
Castaneda Victor Enciso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,550
Interest Rate
10.25%

Purchase Details

Closed on
Jul 9, 1999
Sold by
Norwest Bank Minnesota Na
Bought by
Gonzalez Cinthya J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.64%

Purchase Details

Closed on
Aug 26, 1998
Sold by
Gonzalez Pedro
Bought by
Salomon Brothers Mtg Securities Vii Inc

Purchase Details

Closed on
Feb 8, 1996
Sold by
Highland Federal Bank
Bought by
Gonzalez Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.99%

Purchase Details

Closed on
Aug 12, 1994
Sold by
Gomez David and Gomez Luz F
Bought by
Highland Federal Bank and Highland Fsla
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
Kirton Micah Annette -- None Available
Kirton Micah $400,000 First American Title
Vansiphan -- Ticor Title Co Of California
Vansiphan $161,000 Lsi Title Company Ca
Deutsche Bank National Trust Co $279,000 None Available
Hernandez Teresa $460,000 Stewart Title
Gonzalez Teresa -- None Available
Gonzalez Teresa -- None Available
Gonzalez Teresa $345,000 North American Title Co
Gomez David -- --
Rodriguez Jaime -- --
Castaneda Victor Enciso $157,000 United Title Company
Gonzalez Cinthya J $66,000 Fidelity Title
Salomon Brothers Mtg Securities Vii Inc $65,000 Lawyers Title Company
Gonzalez Pedro $40,000 Fidelity National Title Ins
Highland Federal Bank $73,806 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirton Micah Annette $383,000
Closed Kirton Micah Annette $374,479
Closed Kirton Micah Annette $376,485
Closed Kirton Micah $378,510
Previous Owner Vansiphan $176,000
Previous Owner Vansiphan $175,000
Previous Owner Vansiphan $128,000
Previous Owner Hernandez Teresa $368,000
Previous Owner Gonzalez Teresa $276,000
Previous Owner Resendiz Alma $296,000
Previous Owner Resendiz Alma $175,595
Previous Owner Castaneda Victor Enciso $125,550
Previous Owner Gonzalez Cinthya J $75,000
Previous Owner Gonzalez Pedro $65,000
Previous Owner Gonzalez Pedro $50,000
Closed Gonzalez Teresa $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $400,000 -2.4% $417 / Sq Ft
08/06/2018 08/06/18 For Sale $410,000 -- $427 / 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 $5,819 $446,203 $312,343 $133,860
2024 $5,819 $437,455 $306,219 $131,236
2023 $5,719 $428,878 $300,215 $128,663
2022 $5,288 $420,470 $294,329 $126,141
2021 $5,263 $412,226 $288,558 $123,668
2019 $5,188 $400,000 $280,000 $120,000
2018 $2,477 $181,189 $113,173 $68,016
2017 $2,450 $177,637 $110,954 $66,683
2016 $2,281 $174,155 $108,779 $65,376
2015 $2,194 $171,540 $107,146 $64,394
2014 $2,188 $168,181 $105,048 $63,133
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Thach

    Seller's Agent in 2018

    Jimmy Thach

    Seal Real Estate

    (714) 622-4735

    61 Total Sales

    Jimmy Thach
    Section Image

  • S

    Buyer's Agent in 2018

    Stephanie Alvarez

    Keller Williams Pacific Estate

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18191171

California Regional Multiple Listing Service (CRMLS)

APN: 7267-003-022

California Los Angeles County Long Beach 90813 Cambodia Town

1118 N Norman Ct, Long Beach, CA

This home is located at 1118 N Norman Ct, Long Beach, CA 90813 since 06 August 2018 and is currently estimated at $622,904, approximately $648 per square foot. This property was built in 1921. 1118 N Norman Ct is a home located in Los Angeles County with nearby schools including Lincoln Elementary School, Franklin Middle School, and Long Beach Polytechnic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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