Seller's Agent in 2018
Ramon Rascon
RE/MAX
(800) 577-1638
1 in this area
75 Total Sales
1433 E 59th St Long Beach, CA 90805
Nehyam NeighborhoodEstimated Value: $783,000 - $994,000
4
Beds
2
Baths
1,633
Sq Ft
$552/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Laundry Room
- Landscaped
- Private Yard
About This Home
As of October 2018Here it is Your Chance to live in One and rent the other out! and have some of your mortgage paid for!! This property features and 1 bed 1 bath in the front unit and 3 bed 1 bath in the back unit!! Both are in good condition! These units have been well maintained and have been updated through out the years! Check out the pics. The baths, kitchen and paint have all been done! This opportunity will not last...Hurry make your offer!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 5,540 Sq Ft Lot
- 1 Common Wall
- Landscaped
- Private Yard
- Lawn
- Back and Front Yard
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- 1,633 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
Location
- Property is near public transit
- Suburban Location
Listing and Financial Details
- Assessor Parcel Number 7123011021
Community Details
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $75
- Insurance Expense $85
- Trash Expense $65
- Water Sewer Expense $158
- New Taxes Expense $7,375
- Operating Expense $7,758
- Gross Income $3,850
- Net Operating Income $2,313
Additional Features
- 2 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2018
Closed on
Sep 24, 2018
Sold by
Gamez Jose and Martinez Angelica
Bought by
Velasquez Eduardo Velasco and Medina Gloria Valle
Seller's Agent
Ramon Rascon
RE/MAX One
Buyer's Agent
Jose Guevara
Better Homes and Gardens RE
List Price
$589,999
Sold Price
$610,000
Premium/Discount to List
$20,001
3.39%
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
$292,192
Avg. Annual Appreciation
5.59%
Original Mortgage
$598,951
Outstanding Balance
$528,025
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$374,167
Purchase Details
Closed on
Mar 9, 2001
Sold by
Diaz Rafael and Diaz Miriam
Bought by
Gamez Jose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,219
Interest Rate
6.92%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 13, 1997
Sold by
Kundert Bruce A
Bought by
Diaz Rafael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,350
Interest Rate
7.74%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Velasquez Eduardo Velasco | $610,000 | Orange Coast Title Company | |
| Gamez Jose | $180,000 | Lawyers Title Company | |
| Diaz Rafael | $138,000 | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Velasquez Eduardo Velasco | $598,951 | |
| Previous Owner | Gamez Jose | $177,219 | |
| Previous Owner | Diaz Rafael | $136,350 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2018 10/24/18 | Sold | $610,000 | +3.4% | $374 / Sq Ft |
| 09/17/2018 09/17/18 | Pending | -- | -- | -- |
| 08/31/2018 08/31/18 | For Sale | $589,999 | -- | $361 / 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 | $8,779 | $680,462 | $334,654 | $345,808 |
| 2024 | $8,779 | $667,121 | $328,093 | $339,028 |
| 2023 | $8,632 | $654,041 | $321,660 | $332,381 |
| 2022 | $8,106 | $641,217 | $315,353 | $325,864 |
| 2021 | $7,946 | $628,645 | $309,170 | $319,475 |
| 2019 | $7,834 | $610,340 | $300,000 | $310,340 |
| 2018 | $3,653 | $274,251 | $112,561 | $161,690 |
| 2016 | $3,358 | $263,277 | $108,191 | $155,086 |
| 2015 | $3,228 | $259,323 | $106,566 | $152,757 |
| 2014 | $3,215 | $254,244 | $104,479 | $149,765 |
Source: Public Records
Agents Affiliated with this Home
-
Ramon Rascon
-
Jose Guevara
Buyer's Agent in 2018
Jose Guevara
Better Homes and Gardens RE
(562) 556-0501
41 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR18213258
APN: 7123-011-021
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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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