NOT LISTED FOR SALE

Estimated Value: $770,000 - $902,393

3 Beds
3 Baths
1,326 Sq Ft
$634/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $825,000 $622 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,489/month

22 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • Garden

About This Home

As of July 2022

A great opportunity to own a terrific home with an additional unit to rent and earn income. The front house consists of a charming 2 bedrooms, 2 bathrooms unit with an additional bonus room in the attic. The living room, bedrooms and bonus room has updated laminate flooring throughout. The kitchen was updated with newer countertops and newer cabinets. The main bathroom was updated with newer flooring, sink and a stand up shower. This main house has a beautiful front porch that was added in 2016 to make the house feel homely while living in the City. The 2nd unit has 1 bedroom and 1 bathroom with a very spacious living room with new lighting and new speakers in the ceiling. The kitchen area is also in the living room with new counter tops and cabinets. This property is a well maintained and well loved. Enjoy a location that is close to freeway access, local grocery store and much much more!

Last Agent to Sell the Property

Graham Hang

Real Estates Unlimited License #01898916 Listed on: 05/12/2022

Last Buyer's Agent

Matt Pich-Maxon

EXP REALTY OF CALIFORNIA INC License #02100289

EXP REALTY OF CALIFORNIA INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,892

Year Built

  • Built in 1933

Lot Details

  • 3,843 Sq Ft Lot
  • No Common Walls
  • Garden
  • Front Yard

Home Design

  • 1,326 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 3 / J
  • Tax Tract Number 7155
  • Assessor Parcel Number 7115014002

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • North Long Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,892

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Price Per Unit: 412500
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7115014002
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 622.17

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Outside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Near Public Transit
  • Lot Size Sq Ft: 3843.00
  • Lot Size Acres: 0.0882

Multi Family

  • Lot Size Area: 3843.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: J
  • Tax Census Tract: 5705.04
  • Tax Lot: 3
  • Tax Tract Number: 7155

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 6, 2022
Sold by
Susan Sivhong Living Trust
Bought by
Khoe Jasmin
Seller's Agent
Graham Hang
Real Estates Unlimited
Buyer's Agent
Matt Pich-Maxon
EXP REALTY OF CALIFORNIA INC
List Price
$899,000
Sold Price
$825,000
Premium/Discount to List
-$74,000
-8.23%
Current Estimated Value
$840,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,848
Avg. Annual Appreciation
0.61%
Original Mortgage
$783,750
Outstanding Balance
$747,729
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$93,119

Purchase Details

Closed on
Apr 3, 2015
Sold by
Tang Susan Sivhong
Bought by
Tang Susan Sivhong and The Susan Sivhong Living Trust

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
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2010
Sold by
Tang Susan Sivhong
Bought by
Tang Susan Sivhong and Susan Sivhong Living Trust

Purchase Details

Closed on
Jul 7, 2010
Sold by
Federal National Mortgage Association
Bought by
Tang Susan Sivhong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2009
Sold by
Wicks Forrest P
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 8, 2003
Sold by
Barta Gary S and Barta Kelly R
Bought by
Wicks Forrest P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2003
Sold by
Hayden Ben and Olson Pearl C
Bought by
Barta Gary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
5.82%
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
Khoe Jasmin $825,000 Corinthian Title
Tang Susan Sivhong -- None Available
Tang Susan Sivhong -- Nations Title Company
Tang Susan Sivhong -- None Available
Tang Susan Sivhong $145,000 Stewart Title Of California
Federal National Mortgage Association $248,525 Landsafe Title
Wicks Forrest P $142,000 Equity Title Company
Barta Gary S $60,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khoe Jasmin $783,750
Previous Owner Tang Susan Sivhong $110,000
Previous Owner Tang Susan Sivhong $116,000
Previous Owner Wicks Forrest P $238,000
Previous Owner Wicks Forrest P $78,000
Previous Owner Wicks Forrest P $113,600
Previous Owner Barta Gary S $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $825,000 0.0% $622 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/26/2022 05/26/22 Price Changed $825,000 -8.2% $622 / Sq Ft
05/12/2022 05/12/22 For Sale $899,000 -- $678 / 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 $10,892 $858,330 $572,220 $286,110
2024 $10,892 $841,500 $561,000 $280,500
2023 $10,710 $825,000 $550,000 $275,000
2022 $3,186 $242,266 $140,039 $102,227
2021 $3,012 $237,517 $137,294 $100,223
2020 $3,004 $235,083 $135,887 $99,196
2019 $2,968 $230,474 $133,223 $97,251
2018 $2,821 $225,956 $130,611 $95,345
2017 $2,304 $182,766 $128,050 $54,716
2016 $2,144 $179,184 $125,540 $53,644
2015 $2,058 $176,494 $123,655 $52,839
2014 $2,049 $173,037 $121,233 $51,804
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR22100868

California Regional Multiple Listing Service (CRMLS)

APN: 7115-014-002