Seller's Agent in 2021
Laura Borbon
Century 21 Allstars
(562) 833-0055
1 in this area
62 Total Sales
1151 E 16th St Long Beach, CA 90813
Central NeighborhoodEstimated Value: $945,000 - $1,151,000
5
Beds
4
Baths
2,190
Sq Ft
$466/Sq Ft
Est. Value
Highlights
- Cathedral Ceiling
- Wood Flooring
- Crown Molding
- Long Beach Polytechnic High School Rated A
- Corian Countertops
- 1-minute walk to Rosa Parks Park
About This Home
As of August 2021GREAT INVESTMENT OPPORTUNITY - Located 10 min from Downtown Long Beach Pier / Shoreline, Pike Theaters, Restaurants, Shopping, Long Beach Aquarium and LBCC...!
Property features: Front house with 3 bedrooms, 1.5 bath Upgraded kitchen, Original refurbished hardwood floors and 1 car attached garage, SECOND Unit Features: 2 bedrooms, 1 bath in rear, NEW ROOF 2020, Remodeled /Upgraded kitchen, Very spacious rooms and excellent floor plan. THIRD Unit Features : "SIZABLE" Studio with enormous floor plan, Remodeled Kitchenette, modern 3/4 Stand-Up Shower!
Alley Access with Convenient "Remote Control Gate" Accommodates 5 Cars in Rear within enclosed gate for added security / privacy....
Long Term, hassle free Tenants with history of Monthly Punctual Payments...!
Last Agent to Sell the Property
Century 21 Allstars License #01192623 Listed on: 03/20/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 6,481 Sq Ft Lot
- No Common Walls
- Partially Fenced Property
- Level Lot
Parking
- 1 Car Garage
- Parking Available
- Brick Driveway
Home Design
- Composition Roof
- Partial Copper Plumbing
- Stucco
Interior Spaces
- 2,190 Sq Ft Home
- Crown Molding
- Cathedral Ceiling
- Living Room
- Laundry Room
Kitchen
- Corian Countertops
- Laminate Countertops
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- 220 Volts
- Septic Type Unknown
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 8
- Tax Tract Number 5752
- Assessor Parcel Number 7268023008
Community Details
Overview
- 3 Buildings
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Gardener Expense $1,080
- Insurance Expense $1,113
- Water Sewer Expense $1,658
- New Taxes Expense $5,898
- Operating Expense $9,749
- Gross Income $57,096
- Net Operating Income $47,347
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 1, 2020
Sold by
Soung Stephen Kar
Bought by
Soung Stephen Kar
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Outstanding Balance
$388,696
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$630,948
Purchase Details
Closed on
Jul 2, 2015
Sold by
Soung Stephen Kar
Bought by
Soung Stephen Kar and Stephen Kar Soung Separate Pro
Purchase Details
Listed on
Oct 28, 2014
Closed on
Oct 30, 2014
Sold by
Metoyer Kimberley
Bought by
Soung Stephen Kar
Seller's Agent
Michael Barber
Coldwell Banker Realty
Buyer's Agent
Dennis Dailey
Cal Mutual, Inc
List Price
$400,000
Sold Price
$405,000
Premium/Discount to List
$5,000
1.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Purchase Details
Closed on
Aug 16, 2010
Sold by
Metoyer Family Living Trust
Bought by
Metoyer Kimberley
Purchase Details
Closed on
Sep 6, 1995
Sold by
Metoyer Leo and Metoyer Josephine
Bought by
Metoyer Leo and Metoyer Josephine
Purchase Details
Closed on
Oct 22, 1993
Sold by
The Calvary Church Of Pomona
Bought by
Pomona Chinese Christian Church
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 |
|---|---|---|---|
| Soung Stephen Kar | -- | Fidelity National Title | |
| Soung Stephen Kar | -- | Fidelity National Title | |
| Soung Stephen Kar | -- | None Available | |
| Soung Stephen Kar | $405,000 | North American Title Company | |
| Metoyer Kimberley | -- | None Available | |
| Metoyer Leo | -- | -- | |
| Pomona Chinese Christian Church | $259,000 | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Soung Stephen Kar | $438,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/02/2021 08/02/21 | Sold | $875,000 | +3.0% | $400 / Sq Ft | |
| 06/21/2021 06/21/21 | Pending | -- | -- | -- | |
| 06/16/2021 06/16/21 | Price Changed | $849,900 | +6.3% | $388 / Sq Ft | |
| 03/20/2021 03/20/21 | For Sale | $799,900 | +97.5% | $365 / Sq Ft | |
| 11/18/2014 11/18/14 | Sold | $405,000 | +1.3% | $225 / Sq Ft | View Prior Sale |
| 10/15/2014 10/15/14 | Pending | -- | -- | -- | |
| 10/12/2014 10/12/14 | For Sale | $400,000 | -- | $222 / 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 | $12,550 | $928,557 | $530,604 | $397,953 |
| 2024 | $11,985 | $910,350 | $520,200 | $390,150 |
| 2023 | $11,784 | $892,500 | $510,000 | $382,500 |
| 2022 | $11,065 | $875,000 | $500,000 | $375,000 |
| 2021 | $5,983 | $449,676 | $222,063 | $227,613 |
| 2020 | $5,967 | $445,067 | $219,787 | $225,280 |
| 2019 | $5,899 | $436,341 | $215,478 | $220,863 |
| 2018 | $5,666 | $427,786 | $211,253 | $216,533 |
| 2017 | $5,588 | $419,399 | $207,111 | $212,288 |
| 2016 | $5,194 | $411,176 | $203,050 | $208,126 |
| 2015 | $4,874 | $405,000 | $200,000 | $205,000 |
| 2014 | $870 | $54,302 | $16,375 | $37,927 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Borbon
-
Michael Barber
Seller's Agent in 2014
Michael Barber
Coldwell Banker Realty
(562) 659-3057
21 Total Sales
-
D
Buyer's Agent in 2014
Dennis Dailey
Cal Mutual, Inc
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW21044870
APN: 7268-023-008
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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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