NOT LISTED FOR SALE

Estimated Value: $966,909 - $1,131,000

5 Beds
3 Baths
2,174 Sq Ft
$480/Sq Ft Est. Value

Last Sold March 26, 2015

Last sale price $579,900 $267 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,072/month

3 Days on Market

About This Home

As of March 2015

Check out this amazing duplex in the city of Lakewood!!!! Back house built in 2007 has 3 bedrooms and 2.5 bathrooms! 2-car attached garage! Central air! Inside laundry room! Front house built in 1956 has 2 bedrooms and 1 bath with a 1-car attached garage! Both houses are in excellent condition! Big lot - plenty of space!!! Come and see!!!!!

Last Agent to Sell the Property

Steven Lamb

Long Beach Real Estate License #01416452 Listed on: 02/15/2015

Last Buyer's Agent

Steven Lamb

Long Beach Real Estate License #01416452 Listed on: 02/15/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,827 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac

Parking

  • 3 Car Garage

Home Design

  • 2,174 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 126
  • Assessor Parcel Number 7059016050

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,700
  • Net Operating Income $39,960

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

6,827 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: East Lakewood (ELK)
  • Property Type: Residential Income
  • Parcel Number: 7059016050
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 266.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Lot Features: Cul-De-Sac, Lot 6500-9999
  • Lot Size Sq Ft: 6827.00
  • Lot Size Acres: 0.1570

Multi Family

  • Gross Income: 3700.00
  • Gross Scheduled Income: 44400.00
  • Lot Size Area: 6827.0000 Square Feet
  • Net Operating Income: 39960.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4440.00
  • Rent Control: No

Tax Info

  • Tax Lot: 126
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2019
Sold by
Ter Hong L and Ter Ly B
Bought by
Ter Ly Bun and Ter Hong Lim
Current Estimated Value
$1,042,977

Purchase Details

Listed on
Feb 15, 2015
Closed on
Feb 19, 2015
Sold by
Blue Ribbon Llc 401 K Profit Sharing Pla
Bought by
Ter Hong L and Ter Ly B
Seller's Agent
Steven Lamb
Long Beach Real Estate
Buyer's Agent
Steven Lamb
Long Beach Real Estate
List Price
$579,900
Sold Price
$579,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$339,900
Outstanding Balance
$259,857
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$783,120

Purchase Details

Closed on
Oct 14, 2014
Sold by
Calderon Mario Leonel
Bought by
Blue Ribbon Llc

Purchase Details

Closed on
Jun 21, 2007
Sold by
Jerry Leons Construction Inc
Bought by
Calderon Mario Leonel

Purchase Details

Closed on
Jul 21, 2006
Sold by
Rivas Enma
Bought by
Ojeda Gerardo L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2006
Sold by
The Amaz #2 Family Lp
Bought by
Ojeda Gerardo L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2005
Sold by
Puente Ezequiel and Puente Diana
Bought by
Zepeda Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ter Ly Bun -- None Available
Ter Hong L $580,000 Ticor Title Company
Blue Ribbon Llc $478,000 None Available
Calderon Mario Leonel $755,000 Fidelity National Title
Jerry Leons Construction Inc -- Fidelity National Title
Ojeda Gerardo L -- North American Title Co
Ojeda Gerardo L $470,000 North American Title Co
Zepeda Andy $370,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ter Hong L $339,900
Previous Owner Ojeda Gerardo L $47,000
Previous Owner Ojeda Gerardo L $376,000
Previous Owner Ojeda Gerardo L $376,000
Previous Owner Zepeda Andy $241,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2015 03/26/15 Sold $579,900 0.0% $267 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
02/15/2015 02/15/15 For Sale $579,900 -- $267 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,581 $697,061 $420,641 $276,420
2024 $8,581 $683,394 $412,394 $271,000
2023 $8,306 $669,995 $404,308 $265,687
2022 $8,183 $656,859 $396,381 $260,478
2021 $7,992 $643,980 $388,609 $255,371
2020 $7,928 $637,378 $384,625 $252,753
2019 $7,813 $624,882 $377,084 $247,798
2018 $7,227 $612,631 $369,691 $242,940
2016 $6,943 $588,844 $355,337 $233,507
2015 $5,751 $478,000 $280,000 $198,000
2014 $4,040 $327,087 $176,804 $150,283
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15032645

California Regional Multiple Listing Service (CRMLS)

APN: 7059-016-050

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