NOT LISTED FOR SALE

1140 E 16th St Long Beach, CA 90813

Central Neighborhood

Estimated Value: $700,000 - $772,253

4 Beds
2 Baths
1,508 Sq Ft
$488/Sq Ft Est. Value

Last Sold September 06, 2017

Last sale price $422,750 $280 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,374/month

228 Days on Market

Highlights

  • Front Yard
  • Long Beach Polytechnic High School Rated A
  • 2-minute walk to Rosa Parks Park

About This Home

As of September 2017

Duplex one unit three bedroom and second unit is one bedroom with one bathroom. Needs some TLC.

Last Agent to Sell the Property

MONICA KING

West Shores Realty, Inc. License #01332956 Listed on: 10/29/2016

West Shores Realty, Inc.

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 6,745 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Home Design

  • 1,508 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Utilities

  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 7268022042

Community Details

Overview

  • 2 Buildings

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $2,219

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • Property Type: Residential Income
  • Parcel Number: 7268022042
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 280.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6745.00

Tax Info

  • New Taxes Expense: 2219.00
  • Tax Lot: 1

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Rent Control: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2016
Closed on
Aug 24, 2017
Sold by
Lyons Verda and Eugene Edwards Revocable Trust
Bought by
Giang Quyen
Seller's Agent
MONICA KING
West Shores Realty, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$400,000
Sold Price
$422,750
Premium/Discount to List
$22,750
5.69%
Current Estimated Value
$736,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,313
Avg. Annual Appreciation
6.89%
Original Mortgage
$317,000
Outstanding Balance
$264,226
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$471,837

Purchase Details

Closed on
Dec 17, 1999
Sold by
Edwards Eugene
Bought by
Edwards Eugene and Lyons Verda

Purchase Details

Closed on
Sep 17, 1999
Sold by
Edwards Eugene
Bought by
Edwards Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
8.09%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Giang Quyen $423,000 Western Resources Title Co
Edwards Eugene -- --
Edwards Eugene -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giang Quyen $317,000
Previous Owner Edwards Eugene $255,000
Closed Edwards Eugene $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2017 09/06/17 Sold $422,750 +5.7% $280 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
06/14/2017 06/14/17 Price Changed $400,000 0.0% $265 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
10/29/2016 10/29/16 For Sale $400,000 -- $265 / 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 $6,352 $481,011 $284,454 $196,557
2024 $6,352 $471,580 $278,877 $192,703
2023 $6,246 $462,334 $273,409 $188,925
2022 $5,870 $453,270 $268,049 $185,221
2021 $5,751 $444,384 $262,794 $181,590
2020 $5,736 $439,829 $260,100 $179,729
2019 $5,670 $431,205 $255,000 $176,205
2018 $5,444 $422,750 $250,000 $172,750
2016 $2,220 $172,143 $72,828 $99,315
2015 $2,136 $169,559 $71,735 $97,824
2014 $2,131 $166,238 $70,330 $95,908
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    MONICA KING

    West Shores Realty, Inc.

    (213) 507-7313

    4 Total Sales

    MONICA KING
    Section Image

  • N

    Buyer's Agent in 2017

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    1 in this area

    6,208 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN16740591

California Regional Multiple Listing Service (CRMLS)

APN: 7268-022-042

California Los Angeles County Long Beach 90813 Central

1140 E 16th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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