NOT LISTED FOR SALE

Estimated Value: $997,000 - $1,126,000

4 Beds
4 Baths
2,304 Sq Ft
$451/Sq Ft Est. Value

Last Sold August 16, 2016

Last sale price $605,000 $263 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,438/month

85 Days on Market

Highlights

  • 4 Car Garage
  • Alvarado Elementary Rated 9+
  • 3-minute walk to Jenni Rivera Memorial Park

About This Home

As of August 2016

This home is located at 1234 E Wesley Dr, Long Beach, CA 90806 since 29 April 2016 and is currently estimated at $1,038,239, approximately $450 per square foot. This property was built in 1980. 1234 E Wesley Dr is a home located in Los Angeles County with nearby schools including Alvarado Elementary, Nelson Academy, and Long Beach Polytechnic High School.

Last Agent to Sell the Property

Mark Witsken

KW Advisors License #01884724 Listed on: 04/29/2016

KW Advisors

Last Buyer's Agent

Edgar Bonilla

Excellence RE Real Estate License #01828046

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,372

Year Built

  • Built in 1980

Lot Details

  • 6,220

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 6,220 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 7210-039-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,372

Year Built

Built in 1980

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2304
  • Stories: 2
  • Year Built: 1980
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 251.74

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 4
  • Parking Garage: Garage, Uncovered
  • Total Parking: 8

Utilities

  • Heating: Wall Gas
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Value: 113837
  • Assessed Land Value: 86756
  • Assessor Parcel Number: 7210-039-008
  • Geocode Override: No
  • Lot Size Area: 6220

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.49
  • Number Of Units: 4
  • Rent Control: 0
  • Total Annual Expense: 14781
  • Type Of Units: Apartments
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2018
Sold by
Davila Asencion
Bought by
Davila Ascencion and Ascencion Davila 2018 Trust
Current Estimated Value
$1,038,239

Purchase Details

Closed on
Jun 8, 2016
Sold by
Shabbouel Dean
Bought by
Davila Francisco

Purchase Details

Closed on
Jun 7, 2016
Sold by
Shabbouel Dean
Bought by
Shabbouei Dean

Purchase Details

Closed on
Sep 20, 2013
Sold by
Shabbouei Dean
Bought by
Shabbouei Dean and Shabbouei Katrin A

Purchase Details

Closed on
Jun 30, 2003
Sold by
Shabbouei Dean
Bought by
Shabbouei Dean and Shabbouei Katrin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2000
Sold by
Hud
Bought by
Shabbouei Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8.07%

Purchase Details

Closed on
May 10, 2000
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Feb 10, 2000
Sold by
Rosas George David
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Sep 25, 1996
Sold by
Rosas George
Bought by
Rosas George David and Rosas Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,011
Interest Rate
7.53%
Mortgage Type
FHA
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
Davila Ascencion -- None Available
Davila Francisco $605,000 Commonwealth Land Title
Shabbouei Dean -- Commonwealth Land Title Co
Shabbouei Dean -- None Available
Shabbouei Dean -- --
Shabbouei Dean $160,500 Stewart Title
Hud $192,881 --
Homeside Lending Inc $192,881 --
Rosas George David $185,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shabbouei Dean $250,000
Previous Owner Shabbouei Dean $112,500
Previous Owner Shabbouei Dean $112,000
Previous Owner Rosas George David $180,011
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2016 08/16/16 Sold $605,000 0.0% $263 / Sq Ft
07/23/2016 07/23/16 Pending -- -- --
05/05/2016 05/05/16 Off Market $605,000 -- --
04/29/2016 04/29/16 For Sale $580,000 -- $252 / Sq Ft
Source: The MLS

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 $9,372 $702,149 $290,145 $412,004
2024 $9,372 $688,382 $284,456 $403,926
2023 $9,211 $674,885 $278,879 $396,006
2022 $8,657 $661,653 $273,411 $388,242
2021 $8,476 $648,680 $268,050 $380,630
2019 $8,356 $629,442 $260,100 $369,342
2018 $8,070 $617,100 $255,000 $362,100
2016 $2,926 $203,652 $88,079 $115,573
2015 $2,821 $200,593 $86,756 $113,837
2014 $2,824 $196,665 $85,057 $111,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-120474

The MLS

APN: 7210-039-008