NOT LISTED FOR SALE

Estimated Value: $790,770 - $1,116,000

2 Beds
3 Baths
1,818 Sq Ft
$523/Sq Ft Est. Value

Last Sold November 22, 2016

Last sale price $525,000 $289 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,641/month

7 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Bungalow
  • Woodrow Wilson High School Rated A
  • Built-In Features
  • Outdoor Storage

About This Home

As of November 2016

Rose Park adjacent triplex with a cute remodeled two bedroom bungalow and two good sized studio units. The house has a great layout and features a lovely fireplace with custom stone work, new laminate flooring and a remodeled kitchen with granite counters and updated cabinets. Each studio unit boasts ample living space and highly functional kitchens. The interior of the complex is very private feeling and the shared grass yard and large patio are perfect for outdoor entertaining. There is also a large storage area and a single garage. This is a great location for rental property, not only are you next to the already gentrified Rose Park, you are in the midst of the up and coming Zaferia district with some of Long Beach's most interesting new restaurants and shops. Live in the house or rent all the units...this is a great opportunity to cash in on Long Beach's redevelopment. Please note the pictures were taken when the units were vacant - all are rented currently.

Last Agent to Sell the Property

Lorri Quiett

Vylla Home, Inc. License #01371114 Listed on: 10/12/2016

Last Buyer's Agent

Natasha Schultheis

Coldwell Banker Realty License #01277420

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 6,438 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Fenced
  • Fence is in fair condition
  • Back and Front Yard

Parking

  • 1 Car Garage

Home Design

  • Triplex
  • Bungalow
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,818 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 24
  • Tax Tract Number 2
  • Assessor Parcel Number 7259019026

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Maintained
  • View: No
  • Zoning: LBR2N
  • Architectural Style: Bungalow
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7259019026
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Granite Counters
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 288.78

Exterior Features

  • Foundation: Raised
  • Other Structures: Storage
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Fair Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Appliances: Gas Oven, Gas Cooktop
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6438.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 39900.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 3325.00

Tax Info

  • Tax Census Tract: 5769.03
  • Tax Lot: 24
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2016
Closed on
Oct 20, 2016
Sold by
Robinson Shawn C
Bought by
Foellmer Travis and Foellmer Kristin
Seller's Agent
Lorri Quiett
Vylla Home, Inc.
Buyer's Agent
Natasha Schultheis
Coldwell Banker Realty
List Price
$515,000
Sold Price
$525,000
Premium/Discount to List
$10,000
1.94%
Current Estimated Value
$950,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,693
Avg. Annual Appreciation
6.73%
Original Mortgage
$393,750
Outstanding Balance
$314,411
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$636,282

Purchase Details

Listed on
Jun 7, 2013
Closed on
Jul 8, 2013
Sold by
Montano Investments Inc
Bought by
Robinson Shawn C
Seller's Agent
Cesar Montano
Corcoran Global Living
Buyer's Agent
Lorri Quiett
Vylla Home, Inc.
List Price
$464,900
Sold Price
$435,000
Premium/Discount to List
-$29,900
-6.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$326,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2012
Sold by
Nationstar Mortgage Llc
Bought by
Montano Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2012
Sold by
Davis Sandra Gayle
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Nov 7, 2006
Sold by
Rodriguez Josefina and Josefina Rodriguez Living Trus
Bought by
Davis Sandra Gayle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 19, 2003
Sold by
Rodriguez Josefina
Bought by
Rodriguez Josefina and The Josefina Rodriguez Living

Purchase Details

Closed on
Oct 30, 2002
Sold by
Garcia Jesus and Carrillo Evelia
Bought by
Rodriguez Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,600
Interest Rate
5.86%

Purchase Details

Closed on
Apr 1, 1998
Sold by
Gomez Pasqual G
Bought by
Garcia Jesus and Carrillo Evelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,204
Interest Rate
7.07%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 27, 1998
Sold by
Brown Ronald E and Wachter Joseph R
Bought by
Gomez Pasqual G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,200
Interest Rate
6.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 28, 1997
Sold by
Brown Angela J
Bought by
Brown Ronald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,800
Interest Rate
7.34%

Purchase Details

Closed on
Jul 24, 1997
Sold by
Hud
Bought by
Wachter Joseph R and Brown Ronald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,800
Interest Rate
7.34%

Purchase Details

Closed on
Jun 25, 1996
Sold by
Harris Robert Gene and Harris Karen Louise
Bought by
Countrywide Funding Corp

Purchase Details

Closed on
May 23, 1996
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Oct 25, 1994
Sold by
Crosser John T and Bell Earl C
Bought by
Harris Robert Gene and Harris Karen Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,407
Interest Rate
9.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Foellmer Travis $525,000 Ticor Title Company Of Ca
Robinson Shawn C $435,000 Provident Title
Montano Investments Inc $345,500 None Available
Nationstar Mortgage Llc $487,602 Accommodation
Davis Sandra Gayle $680,000 Southland Title Corporation
Rodriguez Josefina -- --
Rodriguez Josefina $270,000 Commonwealth Land Title Co
Garcia Jesus $210,000 First American Title Co
Gomez Pasqual G -- Chicago Title Co
Brown Ronald E -- California Counties Title Co
Wachter Joseph R -- California Counties Title Co
Wachter Joseph R $94,000 California Counties Title Co
Countrywide Funding Corp $173,301 Landsafe Title
Hud -- Landsafe Title
Harris Robert Gene $163,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foellmer Travis $393,750
Previous Owner Robinson Shawn C $326,250
Previous Owner Montano Investments Inc $175,000
Previous Owner Davis Sandra Gayle $544,000
Previous Owner Rodriguez Josefina $254,600
Previous Owner Garcia Jesus $203,204
Previous Owner Gomez Pasqual G $39,200
Previous Owner Wachter Joseph R $95,800
Previous Owner Harris Robert Gene $159,407
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2016 11/22/16 Sold $525,000 +1.9% $289 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $515,000 +18.4% $283 / Sq Ft
07/18/2013 07/18/13 Sold $435,000 -6.4% $239 / Sq Ft View Prior Sale
06/13/2013 06/13/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $464,900 -- $256 / 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 $8,093 $609,301 $377,187 $232,114
2024 $8,093 $597,355 $369,792 $227,563
2023 $7,955 $585,643 $362,542 $223,101
2022 $7,478 $574,161 $355,434 $218,727
2021 $7,325 $562,904 $348,465 $214,439
2020 $7,306 $557,133 $344,892 $212,241
2019 $7,222 $546,210 $338,130 $208,080
2018 $6,944 $535,500 $331,500 $204,000
2016 $5,650 $450,456 $310,660 $139,796
2015 $5,428 $443,691 $305,994 $137,697
2014 $5,401 $435,000 $300,000 $135,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16724280

California Regional Multiple Listing Service (CRMLS)

APN: 7259-019-026