NOT LISTED FOR SALE

1245 Pine Ave Long Beach, CA 90813

Saint Mary's Neighborhood

Estimated Value: $1,049,000 - $1,142,000

4 Beds
4 Baths
3,776 Sq Ft
$291/Sq Ft Est. Value

Last Sold April 15, 2012

Last sale price $350,000 $93 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $6,251/month

19 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Forced Air Heating System
  • Long Beach Polytechnic High School Rated A

About This Home

As of April 2012

This is a two story fourplex located close to schools and shops. Each unit is 1 bed/ 1 bath but shows 2 bed/ 1 bath and includes appliances. All units have a mixture of carpet and wood flooring along with ceiling fans. Two units are located downstairs and the other two are upstairs. Property has no garage but a large backyard. Each unit is individually metered for electrical and gas.

Last Agent to Sell the Property

Mark Shandrow

Shandrow Group License #01446012 Listed on: 01/30/2012

Last Buyer's Agent

Adam Shandrow

Shandrow Group License #01863342

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 3,941 Sq Ft Lot

Home Design

  • 3,776 Sq Ft Home
  • Spanish Architecture
  • Composition Roof
  • Stucco

Flooring

  • Wood
  • Carpet

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Tax Block A
  • Assessor Parcel Number 7273004015

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 7273004015
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Price Per Square Foot: 92.69

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 3941.00
  • Lot Size Acres: 0.0900

Multi Family

  • Lot Size Area: 3941.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4

Tax Info

  • Tax Area: 11934
  • Tax Block: A
  • Tax Lot: 0.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2012
Closed on
Apr 26, 2012
Sold by
Jpmorgan Chase Bank Na
Bought by
Petersen John G and Petersen Pamela L
Seller's Agent
Mark Shandrow
Shandrow Group
Buyer's Agent
Adam Shandrow
Shandrow Group
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$1,098,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$748,333
Avg. Annual Appreciation
8.69%
Original Mortgage
$261,000
Outstanding Balance
$181,462
Interest Rate
4.05%
Mortgage Type
Seller Take Back
Estimated Equity
$916,871

Purchase Details

Closed on
Nov 7, 2011
Sold by
Schechet David A
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Nov 21, 2006
Sold by
Tao Alex
Bought by
Schechet David A

Purchase Details

Closed on
Sep 19, 2006
Sold by
Wang Baoju
Bought by
51Gousa Inc

Purchase Details

Closed on
Jun 23, 2006
Sold by
51Gousa Inc
Bought by
Wang Baoju

Purchase Details

Closed on
Nov 1, 2004
Sold by
The Tao Family Trust
Bought by
51Gousa Inc

Purchase Details

Closed on
Sep 8, 2004
Sold by
Wang Bao Ju
Bought by
The Tao Family Trust

Purchase Details

Closed on
Nov 4, 2003
Sold by
Tao Alexander
Bought by
Wang Bao Ju

Purchase Details

Closed on
Nov 3, 2003
Sold by
Bao Bao Corp
Bought by
Wang Bao Ju

Purchase Details

Closed on
Jun 10, 2003
Sold by
Wang Bao Ju
Bought by
Bao Bao Corp

Purchase Details

Closed on
Jun 7, 2002
Sold by
Tao Alexander
Bought by
Wang Bao Ju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.86%

Purchase Details

Closed on
May 22, 2002
Sold by
Tao Alexander
Bought by
Tao Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.86%

Purchase Details

Closed on
Feb 22, 2002
Sold by
Tao Alexander
Bought by
Tao Alexander and Wang Bao Ju

Purchase Details

Closed on
Dec 7, 2000
Sold by
Provident Bank
Bought by
Tao Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.71%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 27, 2000
Sold by
Laguan Gloria M
Bought by
Provident Bank and Provident Consumer Financial Services

Purchase Details

Closed on
Feb 24, 1999
Sold by
Araiza Guadalupe
Bought by
Laguan Gloria Marina

Purchase Details

Closed on
Jan 9, 1999
Sold by
Laguan Gloria Marina
Bought by
Araiza Guadalupe

Purchase Details

Closed on
Nov 9, 1998
Sold by
Campos Gloria S
Bought by
Laguan Gloria Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,384
Interest Rate
6.5%

Purchase Details

Closed on
Mar 31, 1998
Bought by
Campos Gloria S

Purchase Details

Closed on
Mar 10, 1998
Bought by
Campos Gloria S and Romero Clara L

Purchase Details

Closed on
Jan 28, 1998
Bought by
Campos Gloria S

Purchase Details

Closed on
Aug 6, 1997
Sold by
Zadeh Akbar M
Bought by
Campos Gloria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,579
Interest Rate
7.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 1996
Sold by
Shaw Don O
Bought by
Zadeh Akbar M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Petersen John G $348,000 Lsi Title Company Inc
Jpmorgan Chase Bank National Association $359,000 Servicelink
Schechet David A $100,000 None Available
51Gousa Inc -- None Available
Wang Baoju -- Alliance Title Company
Wang Baoju -- None Available
51Gousa Inc -- --
The Tao Family Trust -- --
Wang Bao Ju -- Fidelity Long Beach
Wang Bao Ju -- Stewart Title
Bao Bao Corp -- --
Wang Bao Ju -- Stewart Title
Tao Alexander -- --
Tao Alexander -- Investors Title
Tao Alexander $162,000 Lawyers Title Company
Provident Bank $163,000 United Title Company
Laguan Gloria Marina -- --
Araiza Guadalupe -- --
Laguan Gloria Marina $320,000 South Coast Title Company
Campos Gloria S -- --
Campos Gloria S -- --
Campos Gloria S -- --
Campos Gloria S -- Southland Title Corporation
Zadeh Akbar M -- Guardian Title Company
Zadeh Akbar M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petersen John G $261,000
Previous Owner Wang Bao Ju $170,000
Previous Owner Tao Alexander $135,000
Previous Owner Laguan Gloria Marina $317,384
Previous Owner Panameno Erasmo A $215,579
Closed Tao Alexander $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2012 04/15/12 Sold $350,000 0.0% $93 / Sq Ft
02/18/2012 02/18/12 Pending -- -- --
01/30/2012 01/30/12 For Sale $350,000 -- $93 / 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 $6,173 $437,094 $301,446 $135,648
2024 $6,173 $428,525 $295,536 $132,989
2023 $6,065 $420,124 $289,742 $130,382
2022 $5,709 $411,887 $284,061 $127,826
2021 $5,571 $403,812 $278,492 $125,320
2019 $5,491 $391,836 $270,233 $121,603
2018 $5,322 $384,154 $264,935 $119,219
2016 $4,883 $369,240 $254,649 $114,591
2015 $4,698 $363,694 $250,824 $112,870
2014 $4,684 $356,571 $245,911 $110,660
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mark Shandrow

    Shandrow Group

    Section Image

  • A

    Buyer's Agent in 2012

    Adam Shandrow

    Shandrow Group

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P810485

California Regional Multiple Listing Service (CRMLS)

APN: 7273-004-015

California Los Angeles County Long Beach 90813 Saint Mary's

1245 Pine Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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