Seller's Agent in 2019
Ceila Gonzalez
Berkshire Hathaway HSCP
(714) 206-1542
16 Total Sales
1242 Pine Ave Long Beach, CA 90813
Saint Mary's NeighborhoodEstimated Value: $1,346,000 - $1,785,000
5
Beds
2
Baths
3,612
Sq Ft
$430/Sq Ft
Est. Value
Highlights
- Laundry Room
- 4-minute walk to Anaheim Station
- Back Yard
- Long Beach Polytechnic High School Rated A
About This Home
As of June 2019Wonderful, 4 apartments with positive cash flow, in good condition, with recent upgrades, with 4 garages! Both units at 1st floor have 3 bedrooms and 1 bath, and both units at 2nd floor have 2 bedrooms plus small office area being used as 3rd small bedroom, and 1 bath. Upper units have huge, covered balconies, and there is also a good size backyard, where there is a laundry room with extra income. Apartments have newer windows, newer paint, newer roof, upgraded plumbing and electrical. Close to downtown Long Beach, shopping, transportation!
Last Agent to Sell the Property
Berkshire Hathaway HSCP License #01351811 Listed on: 04/17/2019
Last Buyer's Agent
Pete Machin
eXp Realty of Greater Los Angeles License #01358372
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,261
Year Built
- Built in 1921
Lot Details
- 4,670 Sq Ft Lot
- 1 Common Wall
- Back Yard
Parking
- 4 Car Garage
Home Design
- 3,612 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 20
- Tax Tract Number 5763
- Assessor Parcel Number 7273004028
Community Details
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $960
- Fuel Expense $600
- Insurance Expense $1,500
- Maintenance Expense $840
- Trash Expense $960
- Water Sewer Expense $1,440
- New Taxes Expense $13,125
- Operating Expense $19,425
- Gross Income $84,000
- Net Operating Income $64,575
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 31, 2023
Sold by
Worku Anteneh Engidayehu
Bought by
Anteneh Engidayehu Worku Living Trust
Current Estimated Value
Purchase Details
Listed on
Apr 17, 2019
Closed on
May 8, 2019
Sold by
Johnson Salvatore Joseph
Bought by
Worku Anteneh
Seller's Agent
Ceila Gonzalez
Berkshire Hathaway HSCP
Buyer's Agent
Pete Machin
eXp Realty of Greater Los Angeles
List Price
$1,050,000
Sold Price
$1,060,000
Premium/Discount to List
$10,000
0.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$795,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 17, 2018
Closed on
Oct 3, 2018
Sold by
Duerr Michael
Bought by
Johnson Salvatore Joseph
Seller's Agent
Tony Amer
TM Real Estate Brokers
Buyer's Agent
Ceila Gonzalez
Berkshire Hathaway HSCP
List Price
$1,025,000
Sold Price
$980,000
Premium/Discount to List
-$45,000
-4.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.97%
Original Mortgage
$735,000
Interest Rate
6.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 10, 2013
Sold by
Duerr Shannon
Bought by
Duerr Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,215
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 17, 2007
Sold by
Duerr Michael
Bought by
Duerr Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
6.15%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 4, 2005
Sold by
Duerr Shannon K
Bought by
Duerr Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 31, 2005
Sold by
Duerr James and Duerr Susan
Bought by
Duerr Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Anteneh Engidayehu Worku Living Trust | -- | None Listed On Document | |
| Worku Anteneh | $1,060,000 | Orange Coast Title Company | |
| Johnson Salvatore Joseph | $980,000 | Stewart Title | |
| Duerr Michael | -- | None Available | |
| Duerr Michael | -- | None Available | |
| Duerr Michael | -- | North American Title Co | |
| Duerr Michael | $320,000 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Worku Anteneh | $783,000 | |
| Previous Owner | Worku Anteneh | $787,000 | |
| Previous Owner | Worku Anteneh | $795,000 | |
| Previous Owner | Johnson Salvatore Joseph | $735,000 | |
| Previous Owner | Duerr Michael | $268,215 | |
| Previous Owner | Duerr Michael | $238,000 | |
| Previous Owner | Duerr Michael | $70,000 | |
| Previous Owner | Duerr Michael | $148,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2019 06/07/19 | Sold | $1,060,000 | +1.0% | $293 / Sq Ft |
| 04/30/2019 04/30/19 | Pending | -- | -- | -- |
| 04/17/2019 04/17/19 | For Sale | $1,050,000 | +7.1% | $291 / Sq Ft |
| 10/31/2018 10/31/18 | Sold | $980,000 | -1.0% | $271 / Sq Ft |
| 10/01/2018 10/01/18 | Pending | -- | -- | -- |
| 09/17/2018 09/17/18 | Price Changed | $990,000 | -0.8% | $274 / Sq Ft |
| 09/04/2018 09/04/18 | Price Changed | $998,000 | -2.6% | $276 / Sq Ft |
| 08/17/2018 08/17/18 | For Sale | $1,025,000 | -- | $284 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $15,261 | $1,182,445 | $769,706 | $412,739 |
| 2024 | $15,261 | $1,159,261 | $754,614 | $404,647 |
| 2023 | $15,004 | $1,136,531 | $739,818 | $396,713 |
| 2022 | $14,087 | $1,114,247 | $725,312 | $388,935 |
| 2021 | $13,799 | $1,092,400 | $711,091 | $381,309 |
| 2019 | $12,634 | $980,000 | $690,000 | $290,000 |
| 2018 | $6,207 | $457,699 | $185,847 | $271,852 |
| 2016 | $5,700 | $439,928 | $178,631 | $261,297 |
| 2015 | $5,481 | $433,321 | $175,948 | $257,373 |
| 2014 | $5,460 | $424,834 | $172,502 | $252,332 |
Source: Public Records
Agents Affiliated with this Home
-
Ceila Gonzalez
-
P
Buyer's Agent in 2019
Pete Machin
eXp Realty of Greater Los Angeles
-
Tony Amer
Seller's Agent in 2018
Tony Amer
TM Real Estate Brokers
(562) 244-0093
48 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC19088004
APN: 7273-004-028
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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