NOT LISTED FOR SALE

1401 Termino Ave Long Beach, CA 90804

Bryant Neighborhood

Estimated Value: $989,000 - $1,040,000

3 Beds
3 Baths
1,600 Sq Ft
$637/Sq Ft Est. Value

Last Sold May 07, 2019

Last sale price $790,000 $494 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,531/month

5 Days on Market

Highlights

  • Open Floorplan
  • Corner Lot
  • Furnished
  • Woodrow Wilson High School Rated A
  • High Ceiling
  • Stone Countertops

About This Home

As of May 2019

Beautifully remodeled duplex. All new kitchen appliances, counters, casework, plumbing fixtures, sewer lines, electrical, dual zone central heating, landscape, and cooling, stucco, floors, doors, windows, full security system, and automated irrigation.

This is a corner lot with plenty of street parking. The entrance for the 1 bedroom/ 1 bathroom is entered from 14th Street. The 2 bedroom/1.5 bathroom is entered from Termino Ave. The property has two laundry rooms - one within the 1 BR/1 Bath and the other accessed from the side yard.

The property has a great feel with its high ceilings and fresh modern look. There is custom built-in casework throughout including: two custom bed frames, two built-in book shelves, built-in couch, and a murphy bed. Other great features include a bathroom skylight, frameless glass enclosure, and beautiful concrete island. The owner is willing to sell furnished and ready for your next great investment or family home!

Last Agent to Sell the Property

Matthew Lambert

Buckingham Investments, Inc License #02060990 Listed on: 04/04/2019

Last Buyer's Agent

Matthew Lambert

Buckingham Investments, Inc License #02060990 Listed on: 04/04/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,130

Year Built

  • Built in 1925

Lot Details

  • 1,883 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Corner Lot

Home Design

  • Duplex
  • Additions or Alterations
  • Slab Foundation
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Awning
  • Roller Shields
  • Insulated Doors
  • Storage
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Built-In Range
  • Range Hood
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Home Security System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Firewall

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 38
  • Assessor Parcel Number 7253012004

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,297
  • Fuel Expense $1,871
  • Insurance Expense $1,212
  • New Taxes Expense $3,025
  • Operating Expense $7,405
  • Net Operating Income $49,100

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,130

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: All furnishings.
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Firewall(s), Security Lights, Security System, Smoke Detector(s)
  • Subdivision Name Other: Circle (CA)
  • Zoning: LBR2N
  • Property Condition: Additions/Alterations
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7253012004
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Copper Plumbing Full, Furnished, High Ceilings, Open Floorplan, Recessed Lighting, Stone Counters, Storage, Wired for Data
  • Stories: 1
  • Entry Location: One unit at 14th and one unit at Termino
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Door Features: Insulated Doors
  • Levels: One
  • Price Per Square Foot: 493.75
  • Room Type: All Bedrooms Down, Jack & Jill, Kitchen, Laundry, Walk-In Closet
  • Window Features: Double Pane Windows, Roller Shields

Exterior Features

  • Foundation: Slab
  • Exterior Features: Awning(s)
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Construction Materials: Stucco

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Self Cleaning Oven, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Freezer, Disposal, Gas Oven, Gas Range, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
  • Heating Type: Central, Zoned, ENERGY STAR Qualified Equipment
  • Laundry Features: Common Area, Dryer Included, Gas Dryer Hookup, Inside, Stackable, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 1883.00
  • Lot Size Acres: 0.0432

Multi Family

  • Electric Expense: 1297.00
  • Fuel Expense: 1871.00
  • Gross Scheduled Income: 51600.00
  • Insurance Expense: 1212.00
  • Lot Size Area: 1883.0000 Square Feet
  • Net Operating Income: 49100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 2500.00
  • Rent Control: No
  • Total Expenses: 7404.50

Tax Info

  • New Taxes Expense: 3024.50
  • Tax Census Tract: 5750.02
  • Tax Lot: 1
  • Tax Tract Number: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
Apr 11, 2019
Sold by
Lambert Matthew H
Bought by
Chen Alexander and Nguyen Pheobe
Seller's Agent
Matthew Lambert
Buckingham Investments, Inc
Buyer's Agent
Matthew Lambert
Buckingham Investments, Inc
List Price
$810,000
Sold Price
$790,000
Premium/Discount to List
-$20,000
-2.47%
Current Estimated Value
$1,023,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,462
Avg. Annual Appreciation
4.15%
Original Mortgage
$632,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2017
Sold by
Fernandes Debra E
Bought by
Lambert Matthew H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,235
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2013
Sold by
Fernandes Debra E
Bought by
The Janet L Edwards Trust

Purchase Details

Closed on
Nov 13, 2006
Sold by
Edwards Janet L
Bought by
Edwards Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
8.4%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 17, 2006
Sold by
Edwards Janet
Bought by
Edwards Janet L and Fernandes Debra E

Purchase Details

Closed on
May 30, 1997
Sold by
Barbosa Francisco J
Bought by
Edwards Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,495
Interest Rate
7.7%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 1997
Sold by
State Street Bank & Trust Co
Bought by
Barbosa Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,495
Interest Rate
7.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 1997
Sold by
Torta Ronald
Bought by
State Street Bank & Trust Company
Source: Public Records

Range of Values:

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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
Chen Alexander $790,000 Ticor Title Company Of Ca
Lambert Matthew H $465,000 Pct
The Janet L Edwards Trust -- None Available
Edwards Janet L -- Fidelity Natl Title Ins Co
Edwards Janet L -- None Available
Edwards Janet $165,000 Commonwealth Land Title Co
Barbosa Francisco $74,000 Old Republic Title
State Street Bank & Trust Company $151,775 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Alexander $613,500
Closed Chen Alexander $632,000
Previous Owner Lambert Matthew H $674,602
Previous Owner Lambert Matthew H $601,100
Previous Owner Lambert Matthew H $596,235
Previous Owner Edwards Janet L $412,000
Previous Owner Edwards Janet $390,000
Previous Owner Edwards Janet $331,600
Previous Owner Edwards Janet $280,000
Previous Owner Edwards Janet $217,500
Previous Owner Edwards Janet $159,203
Previous Owner Edwards Janet $161,495
Previous Owner Barbosa Francisco $85,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2019 05/07/19 Sold $790,000 -2.5% $494 / Sq Ft
04/04/2019 04/04/19 For Sale $810,000 +74.2% $506 / Sq Ft
04/13/2017 04/13/17 Sold $465,000 -18.4% $291 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
11/17/2015 11/17/15 For Sale $569,900 -- $356 / 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 $11,130 $881,255 $613,533 $267,722
2024 $11,130 $863,976 $601,503 $262,473
2023 $10,944 $847,036 $589,709 $257,327
2022 $10,267 $830,429 $578,147 $252,282
2021 $10,066 $814,147 $566,811 $247,336
2019 $6,217 $483,786 $338,130 $145,656
2018 $6,049 $474,300 $331,500 $142,800
2016 $2,007 $148,350 $40,454 $107,896
2015 $1,932 $146,123 $39,847 $106,276
2014 $1,929 $143,262 $39,067 $104,195
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Matthew Lambert

    Buckingham Investments, Inc

  • Krista Marvin

    Seller's Agent in 2017

    Krista Marvin

    My Realty

    (714) 425-7350

    36 Total Sales

    Section Image

  • H

    Buyer's Agent in 2017

    Heather Hays

    eXp Realty of California Inc

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19075977

California Regional Multiple Listing Service (CRMLS)

APN: 7253-012-004

California Los Angeles County Long Beach 90804 Bryant

1401 Termino Ave, Long Beach, CA

This home is located at 1401 Termino Ave, Long Beach, CA 90804 since 04 April 2019 and is currently estimated at $1,019,771, approximately $637 per square foot. This property was built in 1925. 1401 Termino Ave is a home located in Los Angeles County with nearby schools including Bryant Elementary School, Woodrow Wilson High School, and Maple Village Waldorf School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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