NOT LISTED FOR SALE

Estimated Value: $1,150,000 - $1,244,000

8 Beds
4 Baths
3,146 Sq Ft
$385/Sq Ft Est. Value

Last Sold June 30, 2018

Last sale price $779,900 $248 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $7,349/month

About This Home

As of June 2018

Nice fourplex in the city of Long Beach. Units were just newly painted in the outside. Units need some work. Property is to be sold in as is condition.

Last Agent to Sell the Property

Jose Lua

Century 21 Allstars License #01187731 Listed on: 05/24/2018

Century 21 Allstars

Last Buyer's Agent

Jose Lua

Century 21 Allstars License #01187731 Listed on: 05/24/2018

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 8,022 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 3,146 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 5992
  • Assessor Parcel Number 7126010034

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7126010034
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 247.90

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8022.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5703.03
  • Tax Lot: 13
  • Tax Tract Number: 5992

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2019
Sold by
Castillo Margarito and Castillo Alicia
Bought by
Castillo Margarito and Castillo Alicia
Current Estimated Value
$1,210,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,700
Outstanding Balance
$516,379
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$694,506

Purchase Details

Listed on
May 24, 2018
Closed on
May 22, 2018
Sold by
Flores Gonzalo and Flores Jose E
Bought by
Castillo Margarito and Castillo Alicia
Seller's Agent
Jose Lua
Century 21 Allstars
Buyer's Agent
Jose Lua
Century 21 Allstars
List Price
$779,900
Sold Price
$779,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$584,925
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2010
Sold by
Flores Jose C
Bought by
Flores Gonzalo

Purchase Details

Closed on
May 20, 2005
Sold by
Flores Gonzalo and Flores Gracelia
Bought by
Flores Gonzalo and Flores Jose E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 1993
Sold by
Deyo Richard N
Bought by
Flores Gonzalo and Flores Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,003
Interest Rate
6.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Castillo Margarito -- Orange Coast Title Company
Castillo Margarito $780,000 Fidelity National Title
Flores Gonzalo -- None Available
Flores Gonzalo -- --
Flores Gonzalo $245,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Margarito $585,700
Closed Castillo Margarito $584,925
Previous Owner Flores Gonzalo $359,000
Previous Owner Flores Gonzalo $237,003
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2018 06/30/18 Sold $779,900 0.0% $248 / Sq Ft
05/24/2018 05/24/18 For Sale $779,900 -- $248 / 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 $12,064 $869,988 $446,205 $423,783
2024 $11,535 $852,930 $437,456 $415,474
2023 $11,340 $836,207 $428,879 $407,328
2022 $10,659 $819,812 $420,470 $399,342
2021 $10,438 $803,738 $412,226 $391,512
2019 $10,291 $779,900 $400,000 $379,900
2018 $6,504 $482,197 $228,986 $253,211
2016 $5,980 $463,476 $220,096 $243,380
2015 $5,750 $456,515 $216,790 $239,725
2014 $5,729 $447,574 $212,544 $235,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18119716

California Regional Multiple Listing Service (CRMLS)

APN: 7126-010-034