1321 W Summit St Long Beach, CA 90810
Lower Westside NeighborhoodEstimated Value: $890,000 - $1,065,000
4
Beds
4
Baths
2,496
Sq Ft
$391/Sq Ft
Est. Value
About This Home
As of April 20224 units apartment, nice condition and location
Last Buyer's Agent
Ping Wang
Presidential Inc License #01328501
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,681
Year Built
- Built in 1962
Lot Details
- 8,423 Sq Ft Lot
- No Common Walls
- Private Yard
- Front Yard
Parking
- 10 Parking Spaces
Home Design
- 2,496 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
Listing and Financial Details
- Tax Lot 29
- Tax Tract Number 1833
- Assessor Parcel Number 7431022018
Community Details
Overview
- 4 Units
- North Long Beach Subdivision
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $500
- Insurance Expense $1,000
- Trash Expense $720
- Water Sewer Expense $1,000
- Operating Expense $3,220
- Gross Income $48,000
- Net Operating Income $34,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 16, 2024
Sold by
Forero Martha F
Bought by
Martha F Forero Revocable Trust and Forero
Total Days on Market
0
Current Estimated Value
Purchase Details
Closed on
Feb 28, 2014
Sold by
Diamond Carl I
Bought by
The Carl Irwin Diamond & Ping Wang Diamo
Purchase Details
Closed on
Apr 13, 2005
Sold by
Diamond Carl I
Bought by
Diamond Carl I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 21, 2003
Sold by
Diamond Ping Wang
Bought by
Diamond Carl I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.96%
Purchase Details
Closed on
Nov 27, 2002
Sold by
Robinson Jimmie L and Robinson Jimmie Louis
Bought by
Diamond Carl I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.96%
Purchase Details
Closed on
Oct 23, 1997
Sold by
Lopez Emilio and Lopez Maria
Bought by
Robinson Jimmie Louis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,019
Interest Rate
6.95%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 27, 1996
Sold by
Emc Mtg Corp
Bought by
Lopez Emilio and Lopez Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
7.82%
Purchase Details
Closed on
Oct 23, 1995
Sold by
Great Western Bank Fsb
Bought by
Emc Mtg Corp
Purchase Details
Closed on
Sep 18, 1995
Sold by
Zeledon Luis A and Zeledon Mayra
Bought by
Great Western Bank Fsb
Similar Homes in Long Beach, CA
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 |
|---|---|---|---|
| Martha F Forero Revocable Trust | -- | Ticor Title Company | |
| The Carl Irwin Diamond & Ping Wang Diamo | -- | None Available | |
| Diamond Carl I | -- | United Independent Title | |
| Diamond Carl I | -- | Utcla | |
| Diamond Carl I | $290,000 | Utcla | |
| Robinson Jimmie Louis | $200,000 | United Title Company | |
| Lopez Emilio | $132,000 | Chicago Title Co | |
| Emc Mtg Corp | $73,500 | Chicago Title | |
| Great Western Bank Fsb | $139,155 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Diamond Carl I | $245,000 | |
| Previous Owner | Diamond Carl I | $232,000 | |
| Previous Owner | Robinson Jimmie Louis | $198,462 | |
| Previous Owner | Robinson Jimmie Louis | $48,000 | |
| Previous Owner | Robinson Jimmie Louis | $194,019 | |
| Previous Owner | Lopez Emilio | $48,000 | |
| Previous Owner | Lopez Emilio | $105,600 | |
| Closed | Diamond Carl I | $29,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2022 04/01/22 | Sold | $915,000 | 0.0% | $367 / Sq Ft |
| 02/09/2022 02/09/22 | Pending | -- | -- | -- |
| 02/09/2022 02/09/22 | For Sale | $915,000 | -- | $367 / 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 |
|---|---|---|---|---|
| 2024 | $12,681 | $951,966 | $624,240 | $327,726 |
| 2023 | $12,466 | $933,300 | $612,000 | $321,300 |
| 2022 | $5,535 | $395,771 | $204,710 | $191,061 |
| 2021 | $5,410 | $388,012 | $200,697 | $187,315 |
| 2019 | $5,334 | $376,506 | $194,746 | $181,760 |
| 2018 | $5,107 | $369,125 | $190,928 | $178,197 |
| 2016 | $4,701 | $354,793 | $183,515 | $171,278 |
| 2015 | $4,523 | $349,465 | $180,759 | $168,706 |
| 2014 | $4,513 | $342,621 | $177,219 | $165,402 |
Source: Public Records
Agents Affiliated with this Home
-
Ping Wang
P
Seller's Agent in 2022
Ping Wang
Presidential Inc
(626) 839-8899
1 in this area
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR22025983
APN: 7431-022-018
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