NOT LISTED FOR SALE

Estimated Value: $920,000 - $997,000

6 Beds
3 Baths
2,608 Sq Ft
$366/Sq Ft Est. Value

Last Sold December 02, 2016

Last sale price $545,000 $209 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,771/month

46 Days on Market

Highlights

  • No HOA
  • Wrought Iron Fence
  • Wall Furnace
  • Laundry Room

About This Home

As of December 2016

Triplex in North Long Beach. Each features 2 bds 1bath, interior laundry hook-ups, each with its own garage. Opportunity for an owner occupant or an investment opportunity. 2 units may be delivered vacant at close of escrow.

Last Agent to Sell the Property

Mercedes De La Cruz

Century 21 Allstars License #01414738 Listed on: 04/21/2016

Century 21 Allstars

Last Buyer's Agent

Mercedes De La Cruz

Century 21 Allstars License #01414738 Listed on: 04/21/2016

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,473

Year Built

  • Built in 1939

Lot Details

  • 7,588 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Wrought Iron Fence
  • Fence is in average condition

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,608 Sq Ft Home
  • Property Attached
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 6442
  • Assessor Parcel Number 7304028006

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $7,186

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,473

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Subdivision Name Other: North Long Beach (NLB)
  • Property Type: Residential Income
  • Parcel Number: 7304028006
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Entry Location: Ground Level No Steps
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 208.97

Exterior Features

  • Fencing: Average Condition, Wrought Iron
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen, Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7588.00
  • Price Per Lot Square Foot: 75.76

Tax Info

  • New Taxes Expense: 7186.00
  • Tax Lot: 7
  • Tax Tract Number: 6442

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 6
  • Rent Control: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2016
Sold by
Jaime Martin
Bought by
Ambrocio Orozco Brenda and Ambrocio De La Cruz
Total Days on Market
46
Current Estimated Value
$954,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,356
Interest Rate
3.52%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2011
Sold by
Jaime Maria
Bought by
Jaime Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,761
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2011
Sold by
Torres Mario E
Bought by
Jaime Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,761
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 2007
Sold by
Estrada Marisela
Bought by
Torres Mario E

Purchase Details

Closed on
Jan 24, 2007
Sold by
Machado Jose E and Berumen Rosa
Bought by
Torres Mario E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
7.95%
Mortgage Type
Balloon

Purchase Details

Closed on
May 4, 1998
Sold by
Bachenheimer Kurt Revocable Trust
Bought by
Machado Jose E and Berumen Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,851
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 1991
Sold by
Bachenheimer Kurt
Bought by
Bachenheimer Kurt and The Kurt Bachenheimer Revocabl
Source: Public Records

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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
Ambrocio Orozco Brenda $545,000 Wfg
Jaime Martin -- Itc
Jaime Martin $325,000 Investors Title Company
Torres Mario E -- Southland Title
Torres Mario E $650,000 Southland Title
Machado Jose E $160,000 First American Title Co
Bachenheimer Kurt -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ambrocio Orozco Brenda $532,356
Previous Owner Jaime Martin $316,761
Previous Owner Torres Mario E $520,000
Previous Owner Machado Jose E $359,000
Previous Owner Machado Jose E $216,000
Previous Owner Machado Jose E $156,851
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2016 12/02/16 Sold $545,000 -5.2% $209 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $574,900 -- $220 / 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
2024 $8,473 $620,113 $301,523 $318,590
2023 $8,342 $607,955 $295,611 $312,344
2022 $7,856 $596,035 $289,815 $306,220
2021 $7,704 $584,349 $284,133 $300,216
2020 $7,683 $578,358 $281,220 $297,138
2019 $7,592 $567,018 $275,706 $291,312
2018 $7,272 $555,900 $270,300 $285,600
2016 $4,491 $344,834 $190,985 $153,849
2015 $4,316 $339,656 $188,117 $151,539
2014 $4,296 $333,004 $184,433 $148,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16083219

California Regional Multiple Listing Service (CRMLS)

APN: 7304-028-006