NOT LISTED FOR SALE

Estimated Value: $931,000 - $1,307,000

6 Beds
4 Baths
3,038 Sq Ft
$397/Sq Ft Est. Value

Last Sold June 22, 2017

Last sale price $750,000 $247 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $7,472/month

5 Days on Market

About This Home

As of June 2017

Great four unit building with extra wide long driveway and two car garage. Two 2 bedroom units and two one bedroom units. Front unit was recently upgraded, back unit is nice with fireplace. Two car garage. Separate electric and gas meters. Units have laundry hookups.

Last Agent to Sell the Property

Allison Van Wig

Keller Williams Coastal Prop. License #00985700 Listed on: 02/09/2017

Keller Williams Coastal Prop.

Last Buyer's Agent

Sean Na

Keller Williams Pacific Estate License #01730195

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,406

Year Built

  • Built in 1953

Lot Details

  • 6,580 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,038 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 203
  • Tax Tract Number 5464
  • Assessor Parcel Number 7128017015

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $2,400
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $9,063
  • Operating Expense $12,633
  • Gross Income $40,800
  • Net Operating Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,406

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR3T
  • Property Type: Residential Income
  • Parcel Number: 7128017015
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Living Room
  • Price Per Square Foot: 246.87

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6580.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 40800.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 2400.00
  • Net Operating Income: 38400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 2400.00
  • Rent Control: No
  • Total Expenses: 12633.00

Tax Info

  • New Taxes Expense: 9063.00
  • Tax Census Tract: 5706.02
  • Tax Lot: 203
  • Tax Tract Number: 5464

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2017
Closed on
Jun 13, 2017
Sold by
Gordon Teresa
Bought by
Kuan Liang and Kuan Yung Hsiu
Seller's Agent
Allison Van Wig
Keller Williams Coastal Prop.
Buyer's Agent
Sean Na
Keller Williams Pacific Estate
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$1,206,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,081
Avg. Annual Appreciation
4.83%

Purchase Details

Closed on
Jun 2, 2000
Sold by
Huff Thelma I Tr Thelma I Huff Trust
Bought by
Hudd Thelma I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,500
Interest Rate
4.4%

Purchase Details

Closed on
Jul 25, 1995
Sold by
Huff Thelma I
Bought by
Huff Thelma I and The Thelma I Huff Living Trust
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
Kuan Liang $745,000 Ticor Title
Hudd Thelma I -- Fidelity National Title Co
Huff Thelma I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hudd Thelma I $96,500
Previous Owner Huff Thelma I $83,119
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2017 06/22/17 Sold $750,000 0.0% $247 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $750,000 -- $247 / 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 $11,406 $864,631 $348,173 $516,458
2024 $11,406 $847,679 $341,347 $506,332
2023 $11,212 $831,058 $334,654 $496,404
2022 $10,535 $814,764 $328,093 $486,671
2021 $10,316 $798,789 $321,660 $477,129
2019 $10,170 $775,098 $312,120 $462,978
2018 $9,839 $759,900 $306,000 $453,900
2016 $1,610 $86,933 $31,661 $55,272
2015 $1,561 $85,628 $31,186 $54,442
2014 $1,577 $83,952 $30,576 $53,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17027618

California Regional Multiple Listing Service (CRMLS)

APN: 7128-017-015