NOT LISTED FOR SALE

Estimated Value: $843,000 - $919,569

3 Beds
3 Baths
1,562 Sq Ft
$563/Sq Ft Est. Value

Last Sold September 18, 2015

Last sale price $445,000 $285 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,439/month

8 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Long Beach Polytechnic High School Rated A
  • Wall Furnace
  • 4-minute walk to Craftsman Village Park

About This Home

As of September 2015

DUPLEX IN FRONT WITH A SINGLE FAMILY IN THE REAR WITH A 1 1/2 GARAGE WITH PRIVATE REAR YARD AND ALLEY ACCESS. ALL UNITS HAVE NEWER VINYL WINDOWS AND COPPER PLUMBING. LAUNDRY HOOK UPS IN EACH UNIT. SEPERATE GAS AND ELECTRIC AND FULLY RENTED.

Last Agent to Sell the Property

Robert Vanbeveran

Elite Homes Realty License #01186352 Listed on: 07/29/2015

Last Buyer's Agent

Edward Gilbert

T.N.G. Real Estate Consultants License #01464770

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,062

Year Built

  • Built in 1951

Lot Details

  • 5,425 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall

Parking

  • 1 Car Garage
  • Parking Available
  • No Driveway

Home Design

  • Property Attached

Interior Spaces

  • 1,562 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 5764
  • Assessor Parcel Number 7267020029

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $800
  • Water Sewer Expense $900
  • New Taxes Expense $5,618
  • Gross Income $2,850
  • Net Operating Income $26,882

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,062

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 7267020029
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 284.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: No Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Size Sq Ft: 5425.00
  • Price Per Lot Square Foot: 82.03
  • Lot Size Acres: 0.1250

Multi Family

  • Average1 Bed Area: 500
  • Gross Income: 2850.00
  • Gross Scheduled Income: 34200.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5425.0000 Square Feet
  • Net Operating Income: 26882.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 7318.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5618.00
  • Tax Lot: 32
  • Tax Tract Number: 5764

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2015
Closed on
Aug 24, 2015
Sold by
Jacobs Laurie
Bought by
Jacobs Bernard
Seller's Agent
Robert Vanbeveran
Elite Homes Realty
Buyer's Agent
Edward Gilbert
T.N.G. Real Estate Consultants
List Price
$449,500
Sold Price
$445,000
Premium/Discount to List
-$4,500
-1%
Current Estimated Value
$885,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,890
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
Apr 12, 2015
Sold by
Mailloux Daniel R and Daniel R Mailloux Revocable Tr
Bought by
Jacobs Bernard

Purchase Details

Closed on
Apr 12, 2010
Sold by
Mailloux Daniel R and Mailloux R D
Bought by
Mailloux Daniel R and The Daniel R Mailloux Revocabl

Purchase Details

Closed on
Apr 8, 2002
Sold by
Truong Tin and Truong Diane
Bought by
Mailloux D R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,678
Interest Rate
6.71%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 2001
Sold by
Dao Tung H and Carrillo Catherine M
Bought by
Truong Tin and Truong Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,862
Interest Rate
6.63%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Jacobs Bernard -- Ticor Title Company Of Ca
Jacobs Bernard $449,500 Ticor Title Company Of Ca
Mailloux Daniel R -- None Available
Mailloux D R $215,000 Old Republic Title Company
Truong Tin $175,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Bernard $207,000
Previous Owner Mailloux D R $229,000
Previous Owner Mailloux D R $50,000
Previous Owner Mailloux D R $220,325
Previous Owner Mailloux D R $211,678
Previous Owner Truong Tin $159,862
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2015 09/18/15 Sold $445,000 -1.0% $285 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $449,500 -- $288 / 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 $7,062 $532,109 $366,974 $165,135
2024 $7,062 $521,677 $359,779 $161,898
2023 $6,939 $511,449 $352,725 $158,724
2022 $6,520 $501,421 $345,809 $155,612
2021 $6,385 $491,590 $339,029 $152,561
2020 $6,368 $486,830 $335,553 $151,277
2019 $6,294 $477,291 $328,974 $148,317
2018 $6,106 $467,939 $322,524 $145,415
2016 $5,623 $449,500 $310,000 $139,500
2015 $3,335 $259,086 $97,608 $161,478
2014 $3,327 $254,011 $95,696 $158,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15166979

California Regional Multiple Listing Service (CRMLS)

APN: 7267-020-029