NOT LISTED FOR SALE

135 E 53rd St Long Beach, CA 90805

Addams Neighborhood

Estimated Value: $675,000 - $891,000

4 Beds
2 Baths
1,709 Sq Ft
$470/Sq Ft Est. Value

Last Sold June 22, 2012

Last sale price $295,000 $173 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $4,627/month

408 Days on Market

About This Home

As of June 2012

2 SEPARATE HOUSES. ONE 3 BEDROOM AND ONE 2 BEDROOM, ONE BATH EACH.

Last Agent to Sell the Property

Lantona McCall

McCall & Associates License #01096187 Listed on: 12/03/2010

Last Buyer's Agent

Luis Chavarin

McCall & Associates License #01221352

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 6,229

Parking

  • 4 Parking Spaces

Home Design

  • 1,709 Sq Ft Home
  • Contemporary Architecture
  • Stucco

Additional Features

  • 6,229 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 172
  • Tax Tract Number 5134
  • Assessor Parcel Number 7131007016

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $35,663
  • Gross Income $34,800
  • Net Operating Income $24,795

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 8.32
  • View: No
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7131007016
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 172.62

Exterior Features

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

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6229.00
  • Lot Size Acres: 0.1430

Multi Family

  • Average2 Bed Area: 800
  • Average3 Bed Area: 909
  • Gross Income: 34800.00
  • Gross Multiplier: 8.56
  • Gross Scheduled Income: 34800.00
  • Gross Spendable Income: 495.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6229.0000 Square Feet
  • Net Operating Income: 24795.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8265.00
  • Operating Expense Percent: 25.00
  • Other Expense Description: 00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 35663.00
  • Tax Area: 4992
  • Tax Lot: 172
  • Tax Tract Number: 5134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2012
Sold by
Mondragon Marilyn
Bought by
Fierros Luis F
Current Estimated Value
$803,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,521
Outstanding Balance
$196,792
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$606,467

Purchase Details

Closed on
Jul 12, 2010
Sold by
Mondragon Family Limited Partnership
Bought by
Mondragon Marilyn

Purchase Details

Closed on
Apr 2, 2010
Sold by
Mondragon Marilyn
Bought by
Mondragon Family Limited Partnership

Purchase Details

Closed on
Sep 13, 2002
Sold by
Langston Ray and Langston Travia
Bought by
Mondragon Marilyn

Purchase Details

Closed on
Aug 29, 2000
Sold by
Mondragon Marilyn
Bought by
Langston Ray and Langston Travia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 27, 1994
Sold by
Longo Joseph A and Longo Betty
Bought by
Mondragon Caesar and Mondragon Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
4%
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
Fierros Luis F $295,000 Nations Title Company
Mondragon Marilyn -- None Available
Mondragon Family Limited Partnership -- None Available
Mondragon Marilyn -- --
Langston Ray -- Lawyers Title Company
Mondragon Caesar -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fierros Luis F $287,521
Previous Owner Langston Ray $180,000
Previous Owner Mondragon Caesar $123,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2012 06/22/12 Sold $295,000 +3.5% $173 / Sq Ft
01/15/2012 01/15/12 Pending -- -- --
12/03/2010 12/03/10 For Sale $285,000 -- $167 / 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 $5,027 $370,526 $200,964 $169,562
2024 $5,027 $363,262 $197,024 $166,238
2023 $4,943 $356,140 $193,161 $162,979
2022 $4,650 $349,158 $189,374 $159,784
2021 $4,552 $342,312 $185,661 $156,651
2020 $4,540 $338,803 $183,758 $155,045
2019 $4,488 $332,160 $180,155 $152,005
2018 $4,281 $325,648 $176,623 $149,025
2016 $3,936 $313,004 $169,765 $143,239
2015 $3,781 $308,303 $167,215 $141,088
2014 $3,764 $302,265 $163,940 $138,325
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lantona McCall

    McCall & Associates

    Section Image
  • Luis Chavarin

    Buyer's Agent in 2012

    Luis Chavarin

    McCall & Associates

    (562) 254-7848

    3 Total Sales

    Luis Chavarin
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1008064

California Regional Multiple Listing Service (CRMLS)

APN: 7131-007-016

California Los Angeles County Long Beach 90805 Addams

135 E 53rd St, Long Beach, CA

Not Listed for Sale

MultiFamily

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