$415,000
SOLD AUG 9, 2016
5 Beds
2 Baths
2,700 Sq Ft
3,559 Sq Ft Lot

Recently Sold

$154 Per Sq Ft

10% Below List Price

10 Days on Market

Highlights

  • Property is near public transit
  • Long Beach Polytechnic High School Rated A
  • 5-minute walk to Peace Park

About This Home

As of December 2016

Excellent opportunity and investors delight! This two story duplex in Long Beach, Poly High District features over 2,700 of living space. Unit #1 is 3 bed 1 bath with laundry hookups. Unit #2 is a 2 bed 1 bath. Both unit are spacious. Property in need of some TLC but offers so much potential. Great rental area. Near schools, shops and public transportation.

Last Agent to Sell the Property

Marcos Ramirez

Keller Williams Pacific Estate License #01339740 Listed on: 06/21/2016

Keller Williams Pacific Estate

Last Buyer's Agent

Marcos Ramirez

Keller Williams Pacific Estate License #01339740 Listed on: 06/21/2016

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,560

Year Built

  • Built in 1912

Lot Details

  • 3,559 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 2,700 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Location

  • Property is near public transit
  • Urban Location

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 1480
  • Assessor Parcel Number 7269024021

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,560

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • Property Type: Residential Income
  • Parcel Number: 7269024021
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 153.70

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 3559.00
  • Price Per Lot Square Foot: 116.61

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 1480

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2016
Closed on
Dec 21, 2016
Sold by
Second House Properties Llc
Bought by
Novoa Hilda
Seller's Agent
Hamid Pashaee
Hamid Pashaee, Broker
Buyer's Agent
Sarai Kelly
Las Lomas Realty, Inc.
List Price
$585,000
Sold Price
$570,000
Premium/Discount to List
-$15,000
-2.56%
Current Estimated Value
$977,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,078
Avg. Annual Appreciation
6.74%
Original Mortgage
$559,675
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 21, 2016
Closed on
Jul 6, 2016
Sold by
Ruiz Javier
Bought by
Second House Properties Llc
Seller's Agent
Marcos Ramirez
Keller Williams Pacific Estate
Buyer's Agent
Marcos Ramirez
Keller Williams Pacific Estate
List Price
$460,000
Sold Price
$415,000
Premium/Discount to List
-$45,000
-9.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
135.78%

Purchase Details

Closed on
Nov 5, 2008
Sold by
Rodriguez Maria Delaluz
Bought by
Ruiz Javier and Fraire Aaron

Purchase Details

Closed on
Aug 27, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Ruiz Javier and Fraire Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,962
Interest Rate
6.07%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2008
Sold by
Rodriguez Rosy Flores
Bought by
Hsbc Bank Usa Na and Ace Securities Corp Home Equity Loan Tru

Purchase Details

Closed on
Mar 1, 2006
Sold by
Recinos Maria Inez
Bought by
Rodriguez James and Rodriguez Rosy Flores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
8.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2003
Sold by
Rueda Enrique A
Bought by
Recinos Maria Inez

Purchase Details

Closed on
Nov 5, 1999
Sold by
Delphine Group Llc
Bought by
Rueda Enrique A and Recinos Maria Inez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,324
Interest Rate
8.06%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 1999
Sold by
Associates Home Equity Services Inc
Bought by
Slingsby Edmund Kurt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,324
Interest Rate
8.06%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 1999
Sold by
Bailey Lou
Bought by
Associates Home Equity Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7.97%
Mortgage Type
Construction
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 Type Sale Price Title Company
Grant Deed $570,000 Provident Title Company
Grant Deed $415,000 Provident Title Company
Interfamily Deed Transfer -- Lsi Title Agency Inc
Grant Deed $310,000 Lsi Title Company
Trustee Deed $1,000 None Available
Grant Deed $550,000 Landwood Title Company
Interfamily Deed Transfer -- Investors Title Company
Interfamily Deed Transfer -- Investors Title Company
Grant Deed $205,000 United Title Company
Gift Deed -- United Title Company
Corporate Deed $95,000 Benefit Land Title Company
Trustee Deed $110,000 Benefit Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 Balloon
Open $503,000 New Conventional
Closed $520,000 New Conventional
Closed $559,675 FHA
Previous Owner $305,962 FHA
Previous Owner $440,000 Purchase Money Mortgage
Previous Owner $250,000 Credit Line Revolving
Previous Owner $203,324 FHA
Previous Owner $136,800 Construction
Previous Owner $179,597 Unknown
Previous Owner $141,290 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2016 12/21/16 Sold $570,000 -1.6% $206 / Sq Ft
10/05/2016 10/05/16 Price Changed $579,000 -1.0% $209 / Sq Ft
09/22/2016 09/22/16 For Sale $585,000 +41.0% $211 / Sq Ft
08/09/2016 08/09/16 Sold $415,000 -7.8% $154 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
06/27/2016 06/27/16 Price Changed $450,000 -2.2% $167 / Sq Ft
06/21/2016 06/21/16 For Sale $460,000 -- $170 / 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 $8,560 $661,526 $232,114 $429,412
2024 $8,560 $648,556 $227,563 $420,993
2023 $8,417 $635,840 $223,101 $412,739
2022 $7,904 $623,374 $218,727 $404,647
2021 $7,739 $611,152 $214,439 $396,713
2019 $7,628 $593,028 $208,080 $384,948
2018 $7,417 $581,400 $204,000 $377,400
2016 $4,248 $337,219 $217,561 $119,658
2015 $4,082 $332,155 $214,294 $117,861
2014 $4,060 $325,650 $210,097 $115,553
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16134563

California Regional Multiple Listing Service (CRMLS)

APN: 7269-024-021