NOT LISTED FOR SALE

Estimated Value: $783,000 - $941,000

4 Beds
3 Baths
1,575 Sq Ft
$541/Sq Ft Est. Value

Last Sold August 13, 2018

Last sale price $550,000 $349 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,203/month

27 Days on Market

Highlights

  • Gated Parking
  • Double Pane Windows
  • Home Security System
  • Long Beach Polytechnic High School Rated A
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of August 2018

This is ideal for a first time home buyer. You can live in one and rent the other! The property features an iron gate at the front with remote controlled gate at driveway for easy entry and exit. There is a long driveway and a carport with space for 3 cars between the front and back units. There are 2 separate buildings. The front unit is spacious with a separate living room, formal dining room, kitchen, 3 bedrooms and indoor laundry area. The property has been upgraded with dual pane windows, laminate floors, ceramic tile in the kitchen and restrooms, and recessed light in the living room and dining room. The front unit also has beautiful wood features that makes the house very unique. The back unit is attached to the 2 car garage so there are a lot of parking spaces on the property. The front and back of the property is neatly landscaped with a lot of mature fruit trees. Spacious on the inside and outside is a great find! Must see to appreciate!

Last Agent to Sell the Property

Jimmy Thach

Seal Real Estate License #01386221 Listed on: 06/13/2018

Last Buyer's Agent

Jim Chhun

First American Team Realty Inc License #01359353

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,995

Year Built

  • Built in 1914

Lot Details

  • 5,842 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Wood Fence
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage
  • Detached Carport Space
  • Parking Available
  • Two Garage Doors
  • Driveway
  • Gated Parking

Home Design

  • Duplex
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,575 Sq Ft Home
  • Double Pane Windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Home Security

  • Window Bars
  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 2990
  • Assessor Parcel Number 7268015008

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Trash Expense $300
  • Water Sewer Expense $540
  • New Taxes Expense $6,000
  • Operating Expense $7,440
  • Gross Income $40,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,995

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 5622120415
  • Property Attached: No
  • Road Frontage Type: Alley
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System, Smoke Detector(s), Window Bars
  • Subdivision Name Other: Panorama (33545)
  • Water Sewer Expenses: 540.00
  • Zoning: LBR1N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7268015008
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 349.21
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised, Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport, Driveway, Garage - Two Door, Gated
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Laundry
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard
  • Lot Size Sq Ft: 5842.00

Multi Family

  • Gross Income: 40300.00
  • Gross Scheduled Income: 40300.00
  • Insurance Expense: 600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Carpet: 1
  • Number With Patio: 1
  • Number With Range: 2
  • Rent Control: No
  • Total Actual Rent: 700.00
  • Total Expenses: 7440.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Census Tract: 5752.01
  • Tax Lot: 22
  • Tax Tract Number: 2990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2020
Sold by
Vuthy Miny
Bought by
So Chanthavy
Current Estimated Value
$851,624

Purchase Details

Listed on
Jun 13, 2018
Closed on
Aug 1, 2018
Sold by
Thach Jimmy and Trang Hazel Hang
Bought by
Vuthy Miny and So Chanthavy
Seller's Agent
Jimmy Thach
Seal Real Estate
Buyer's Agent
Jim Chhun
First American Team Realty Inc
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$531,644
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 14, 2004
Sold by
Thach Jimmy
Bought by
Thach Jimmy and Trang Hazel Hang

Purchase Details

Closed on
Nov 24, 2003
Sold by
Shepherd Of The Hills Church Of Laguna N
Bought by
Thach Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2003
Sold by
Hud
Bought by
Shepherd Of The Hills Church Of Laguna N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,450
Interest Rate
5.98%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 2002
Sold by
Citimortgage Inc
Bought by
Hud

Purchase Details

Closed on
Aug 16, 2002
Sold by
Hom Sangkhom and Serna Ernesto
Bought by
Citimortgage Inc

Purchase Details

Closed on
Apr 4, 2000
Sold by
Anderson Family Trust Anderson Maurice And Su
Bought by
Hom Sangkhom and Serna Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,536
Interest Rate
8.22%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 1998
Sold by
Anderson Maurice D and Anderson Susan Y
Bought by
Anderson Maurice D and Anderson Susan Y
Source: Public Records

Range of Values:

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Average Value
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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
So Chanthavy -- None Available
Vuthy Miny $550,000 First American Title
Thach Jimmy -- --
Thach Jimmy $260,000 North American Title Co
Shepherd Of The Hills Church Of Laguna N $215,000 --
Hud -- First American Title Co
Citimortgage Inc $192,290 First American Title Co
Hom Sangkhom $179,000 Chicago Title Co
Anderson Maurice D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vuthy Miny $527,073
Previous Owner Vuthy Miny $531,644
Previous Owner Thach Jimmy $148,000
Previous Owner Thach Jimmy $236,000
Previous Owner Thach Jimmy $47,400
Previous Owner Thach Jimmy $234,000
Previous Owner Shepherd Of The Hills Church Of Laguna N $210,450
Previous Owner Hom Sangkhom $177,536
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2018 08/13/18 Sold $550,000 -2.7% $349 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
06/18/2018 06/18/18 Price Changed $565,000 -1.7% $359 / Sq Ft
06/13/2018 06/13/18 For Sale $575,000 -- $365 / 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 $7,995 $615,255 $301,801 $313,454
2024 $7,995 $603,192 $295,884 $307,308
2023 $7,862 $591,366 $290,083 $301,283
2022 $7,385 $579,772 $284,396 $295,376
2021 $7,239 $568,405 $278,820 $289,585
2020 $7,201 $561,000 $255,000 $306,000
2019 $7,118 $550,000 $250,000 $300,000
2018 $4,177 $324,878 $193,678 $131,200
2016 $3,839 $312,264 $186,158 $126,106
2015 $3,687 $307,574 $183,362 $124,212
2014 $3,668 $301,550 $179,771 $121,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18141285

California Regional Multiple Listing Service (CRMLS)

APN: 7268-015-008