T
Seller's Agent in 2017
Tessa Murray
Susan McKaig, Broker
(562) 260-1281
3 Total Sales
1318 Bennett Ave Long Beach, CA 90804
Bryant NeighborhoodEstimated Value: $1,074,000 - $1,200,000
4
Beds
3
Baths
1,908
Sq Ft
$592/Sq Ft
Est. Value
Highlights
- Spanish Architecture
- Granite Countertops
- Wall Furnace
- Woodrow Wilson High School Rated A
- Double Pane Windows
About This Home
As of June 2017Great income producing property near the traffic circle and CSU, Long Beach. Front unit is 2 bedroom 1 bathroom house with living room, dining area and kitchen. Rear unit is 1 bedroom, 1 bathroom with dining area and living room. Third unit is living room and kitchen downstairs with wrought iron spiral staircase to upstairs bedroom and bathroom. Several private patio areas plus laundry room and 1 car garage. All units were upgraded in 2010 with new dual pane windows, updated kitchens and bathrooms, recess lights, new concrete patios and new wood fence.
Last Agent to Sell the Property
Susan McKaig, Broker License #01070418 Listed on: 12/16/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,168
Year Built
- Built in 1925
Lot Details
- 5,218 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
Home Design
- Spanish Architecture
- Split Level Home
- Property Attached
- Composition Roof
Interior Spaces
- 1,908 Sq Ft Home
- Double Pane Windows
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Additional Features
- Exterior Lighting
- Suburban Location
- Wall Furnace
Listing and Financial Details
- Tax Lot 31
- Tax Tract Number 6400
- Assessor Parcel Number 7253028027
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- New Taxes Expense $4,866
- Gross Income $40,200
- Net Operating Income $34,282
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 16, 2016
Closed on
Jun 2, 2017
Sold by
Argueta Edgar Manuel and Argueta Elizabeth
Bought by
Cooper Gregory Todd
Seller's Agent
Tessa Murray
Susan McKaig, Broker
Buyer's Agent
Tessa Murray
Susan McKaig, Broker
List Price
$725,000
Sold Price
$684,000
Premium/Discount to List
-$41,000
-5.66%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,282
Avg. Annual Appreciation
6.09%
Original Mortgage
$543,000
Outstanding Balance
$454,187
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$656,821
Purchase Details
Closed on
Dec 6, 2006
Sold by
Argueta Edgar Manuel and Argueta Elizabeth
Bought by
Argueta Edgar Manuel and Argueta Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
8%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 22, 2002
Sold by
King Ronald L and King Judy C
Bought by
Argueta Edgar Manuel and Gallo Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,100
Interest Rate
6.89%
Mortgage Type
Seller Take Back
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 |
|---|---|---|---|
| Cooper Gregory Todd | -- | First American Title Company | |
| Argueta Edgar Manuel | -- | First American Title Co | |
| Argueta Edgar Manuel | $329,000 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cooper Gregory Todd | $543,000 | |
| Previous Owner | Argueta Edgar Manuel | $524,000 | |
| Previous Owner | Argueta Edgar Manuel | $29,000 | |
| Previous Owner | Argueta Edgar Manuel | $305,000 | |
| Previous Owner | Argueta Edgar Manuel | $296,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/22/2017 06/22/17 | Sold | $684,000 | 0.0% | $358 / Sq Ft |
| 04/27/2017 04/27/17 | Pending | -- | -- | -- |
| 01/17/2017 01/17/17 | Off Market | $684,000 | -- | -- |
| 12/16/2016 12/16/16 | For Sale | $725,000 | -- | $380 / 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 | $10,168 | $796,154 | $557,078 | $239,076 |
| 2024 | $10,168 | $780,544 | $546,155 | $234,389 |
| 2023 | $9,999 | $765,241 | $535,447 | $229,794 |
| 2022 | $9,385 | $750,238 | $524,949 | $225,289 |
| 2021 | $9,200 | $735,528 | $514,656 | $220,872 |
| 2020 | $9,176 | $727,987 | $509,379 | $218,608 |
| 2019 | $9,069 | $713,714 | $499,392 | $214,322 |
| 2018 | $8,803 | $699,720 | $489,600 | $210,120 |
| 2016 | $5,067 | $410,558 | $97,332 | $313,226 |
| 2015 | $4,866 | $404,392 | $95,870 | $308,522 |
| 2014 | $4,838 | $396,472 | $93,993 | $302,479 |
Source: Public Records
Agents Affiliated with this Home
-
Tessa Murray
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS16762898
APN: 7253-028-027
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