NOT LISTED FOR SALE

1136 Magnolia Ave Long Beach, CA 90813

Willmore Neighborhood

Estimated Value: $810,000 - $1,218,000

6 Beds
5 Baths
2,073 Sq Ft
$477/Sq Ft Est. Value

Last Sold May 30, 2012

Last sale price $375,000 $181 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $5,928/month

115 Days on Market

Highlights

  • Bungalow
  • Wood Siding
  • No Heating

About This Home

As of May 2012

Hurry, Back on the Market and it won't last! This Duplex features a beautifully restored front house, a remodeled 2 bed/1ba PLUS a bonus studio. Property offers terrific cash flow. Front House was remodeled in 2010 including new flooring, paint inside and out, granite kitchens, new plumbing, new fixtures, and more. Completely Turnkey. Front house is 3-bedroom with a bonus room, configured as office, that could be a 4th bedroom. Rear units over garages include one 2-bedroom and one single. 4 separate garage stalls in the back, laundry, plus a utility room with generous storage. Live in one, rent the others and tenants pay your mortgage!

Last Agent to Sell the Property

Grace Olson

GE Dean and Associates License #01788043 Listed on: 10/25/2011

Last Buyer's Agent

Ernie Armijo

eXp Realty of Southern Ca, Inc License #01262858

eXp Realty of Southern Ca, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,108

Year Built

  • Built in 1911

Lot Details

  • 5,150 Sq Ft Lot
  • Lot Dimensions are 50x103

Parking

  • 2 Parking Spaces

Home Design

  • 2,073 Sq Ft Home
  • Bungalow
  • Composition Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Utilities

  • No Heating

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 6 / 6
  • Assessor Parcel Number 7272004011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,108

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 7272004011
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 180.90

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 50x103
  • Lot Size Sq Ft: 5150.00
  • Lot Size Acres: 0.1180

Multi Family

  • Lot Size Area: 5150.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Area: 11934
  • Tax Block: 6
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2012
Sold by
Shahid Jehan
Bought by
Zamora Felipe
Current Estimated Value
$989,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,225
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2010
Sold by
Hebish Nady Z
Bought by
Shahid Jehan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2009
Sold by
Harrison Doris J
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 25, 2004
Sold by
Harrison Doris J and Harrison Doris Jean
Bought by
Harrison Doris J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 1997
Sold by
Source One Mtg Services Corp
Bought by
Ft Mtg Companies

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.36%

Purchase Details

Closed on
Sep 2, 1997
Sold by
Ft Mtg Companies
Bought by
Harrison Doris Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.36%

Purchase Details

Closed on
Apr 14, 1997
Sold by
Hud
Bought by
Source One Mtg Services Corp

Purchase Details

Closed on
Nov 18, 1996
Sold by
United Minority Contractors Assn Inc
Bought by
Source One Mtg Services Corp

Purchase Details

Closed on
Apr 12, 1996
Sold by
Source One Mtg Services Corp
Bought by
Hud

Purchase Details

Closed on
Feb 6, 1995
Sold by
United Minority Contractors Assn Constru
Bought by
United Minority Contractors Assn Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,500
Interest Rate
9.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
United Minority Contractors Assn Constru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,500
Interest Rate
9.09%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 1994
Sold by
Home Svgs Of America Fsb
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 10, 1994
Sold by
Serrano Reconveyance Company
Bought by
Home Svgs Of America Fsb
Source: Public Records

Range of Values:

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Average Value
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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
Zamora Felipe $365,000 Orange Coast Title Company O
Shahid Jehan -- Landsafe Title
Shahid Johan $232,000 Landsafe Title
Wells Fargo Bank Na $236,725 Landsafe Title
Harrison Doris J -- Landsafe Title Of Ca Inc
Ft Mtg Companies -- Lawyers Title Company
Harrison Doris Jean $102,000 Lawyers Title Company
Source One Mtg Services Corp -- --
Source One Mtg Services Corp $208,081 Stewart Title
Hud -- Stewart Title
United Minority Contractors Assn Inc $128,500 --
United Minority Contractors Assn Constru $105,000 World Title Company
Federal Home Loan Mortgage Corporation -- --
Home Svgs Of America Fsb $84,655 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zamora Felipe $335,000
Previous Owner Zamora Felipe $352,225
Previous Owner Shahid Jehan $110,000
Previous Owner Harrison Doris J $455,000
Previous Owner Harrison Doris J $375,000
Previous Owner Harrison Doris J $301,000
Previous Owner Harrison Doris J $250,000
Previous Owner Harrison Doris J $195,000
Previous Owner Harrison Doris Jean $140,000
Previous Owner Harrison Doris Jean $102,000
Previous Owner United Minority Contractors Assn Inc $179,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2012 05/30/12 Sold $375,000 -5.7% $181 / Sq Ft
02/17/2012 02/17/12 Pending -- -- --
10/25/2011 10/25/11 For Sale $397,500 -- $192 / 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 $6,108 $458,448 $320,289 $138,159
2024 $6,108 $449,459 $314,009 $135,450
2023 $6,006 $440,647 $307,852 $132,795
2022 $5,647 $432,008 $301,816 $130,192
2021 $5,528 $423,539 $295,899 $127,640
2019 $5,450 $410,978 $287,123 $123,855
2018 $5,229 $402,921 $281,494 $121,427
2016 $4,805 $387,277 $270,564 $116,713
2015 $4,615 $381,460 $266,500 $114,960
2014 $4,589 $373,989 $261,280 $112,709
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    Grace Olson

    GE Dean and Associates

    (562) 980-2946

    28 Total Sales

    Section Image
  • Ernie Armijo

    Buyer's Agent in 2012

    Ernie Armijo

    eXp Realty of Southern Ca, Inc

    (562) 500-8514

    48 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P801118

California Regional Multiple Listing Service (CRMLS)

APN: 7272-004-011

California Los Angeles County Long Beach 90813 Willmore

1136 Magnolia Ave, Long Beach, CA

This home is located at 1136 Magnolia Ave, Long Beach, CA 90813 since 25 October 2011 and is currently estimated at $989,820, approximately $477 per square foot. This property was built in 1911. 1136 Magnolia Ave is a home located in Los Angeles County with nearby schools including Edison Elementary School, Washington Middle School, and Juan Rodriguez Cabrillo 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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