NOT LISTED FOR SALE

156 12th St Seal Beach, CA 90740

Estimated Value: $1,777,481 - $1,923,000

3 Beds
2 Baths
1,270 Sq Ft
$1,447/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $1,245,000 $980 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $11,267/month

41 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Contemporary Architecture
  • Balcony
  • J. H. Mcgaugh Elementary School Rated A
  • Double Door Entry
  • Built-In Features

About This Home

As of October 2020

Home and unit over a garage. Walk to the beach or pier. Walk to Main Street. Renovations have been done to the property. Storage room under the
balcony. And washer and dryer. Area in the back yard for out door cooking.

Last Agent to Sell the Property

Joyce Parque

American Beachside Brokers License #00685655 Listed on: 07/06/2020

Last Buyer's Agent

Kym Elder

Coldwell Banker Realty License #01320231

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,301

Year Built

  • Built in 1931 | Remodeled

Lot Details

  • 2,936 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in average condition
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 1,270 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Electric Fireplace
  • Gas Fireplace
  • Window Screens
  • Double Door Entry
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Tankless Water Heater
  • Sewer on Bond
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 12
  • Assessor Parcel Number 19907630

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Old Town Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Trash Expense $650
  • Water Sewer Expense $650
  • New Taxes Expense $13,000
  • Operating Expense $3,000
  • Gross Income $19,800
  • Net Operating Income $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,301

Year Built

Built in 1931 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Old Town (OLDT)
  • View: No
  • Water Sewer Expenses: 650.00
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 19907630
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Built-in Features
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Door Features: Double Door Entry
  • Fireplace Features: Kitchen, Living Room, Master Bedroom, Electric, Gas
  • Levels: One
  • Price Per Square Foot: 980.31
  • Room Type: All Bedrooms Down, All Bedrooms Up, Kitchen, Living Room, Main Floor Master Bedroom
  • Window Features: Screens

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Microwave, Refrigerator, Tankless Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Outside
  • Sewer: Public Sewer, Sewer Assessments, Sewer On Bond
  • Trash Expense: 650.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street
  • Lot Size Sq Ft: 2936.00
  • Lot Size Acres: 0.0674

Rental Info

  • Tenant Pays: None

Multi Family

  • Average1 Bed Area: 440 Square Feet
  • Average2 Bed Area: 850 Square Feet
  • Gross Income: 19800.00
  • Gross Scheduled Income: 19800.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 2936.0000 Square Feet
  • Net Operating Income: 3000.00
  • 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 Refrigerator: 2
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Expenses: 3000.00

Tax Info

  • New Taxes Expense: 13000.00
  • Tax Census Tract: 995.11
  • Tax Lot: 56
  • Tax Tract Number: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Aug 17, 2020
Sold by
Mahoney Patrick and Mahoney Romy
Bought by
Mullally Brian and Mullally Betty
Seller's Agent
Joyce Parque
American Beachside Brokers
Buyer's Agent
Kym Elder
Coldwell Banker Realty
List Price
$1,299,999
Sold Price
$1,245,000
Premium/Discount to List
-$54,999
-4.23%
Current Estimated Value
$1,837,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$592,620
Avg. Annual Appreciation
8.17%

Purchase Details

Closed on
Nov 29, 2016
Sold by
Mahoney Patrick and Mahoney Romy
Bought by
Mahoney Patrick and Mahoney Romy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2013
Closed on
Jul 22, 2013
Sold by
Peoples Christopher and Peoples Deborah
Bought by
Mahoney Patrick and Mahoney Romy
Seller's Agent
Bob Cenzer
RC Global Real Estate Services
Buyer's Agent
Romy Mahoney
All Coastal Real Estate
List Price
$925,000
Sold Price
$825,000
Premium/Discount to List
-$100,000
-10.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$618,750
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2013
Sold by
Cotney David
Bought by
Cotney Cheryl P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2013
Sold by
Peoples Christopher H
Bought by
Peoples Christopher and Peoples Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2010
Sold by
Peoples Christopher H and Cotney Cheryl P
Bought by
Peoples Christopher H

Purchase Details

Closed on
Jan 27, 2005
Sold by
Peoples Joan M
Bought by
Peoples Joan M

Purchase Details

Closed on
Apr 29, 1996
Sold by
Gill James Lewis
Bought by
Peoples Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.07%
Mortgage Type
Seller Take Back
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
Mullally Brian $1,245,000 First American Title Company
Mahoney Patrick -- Accommodation
Mahoney Patrick -- Lawyers Title Company
Mahoney Patrick $825,000 --
Cotney Cheryl P -- Title365
Peoples Christopher -- Title365
Peoples Christopher H -- None Available
Peoples Joan M -- --
Peoples Joan M $270,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahoney Patrick $645,000
Previous Owner Mahoney Patrick $618,750
Previous Owner Peoples Christopher $430,000
Previous Owner Peoples Joan M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $1,245,000 -4.2% $980 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $1,299,999 +57.6% $1,024 / Sq Ft
08/23/2013 08/23/13 Sold $825,000 -10.8% $650 / Sq Ft
07/26/2013 07/26/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $925,000 -- $728 / 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 $18,301 $1,690,828 $1,290,713 $400,115
2024 $18,301 $1,595,014 $1,265,405 $329,609
2023 $15,080 $1,295,298 $1,240,593 $54,705
2022 $14,928 $1,269,900 $1,216,267 $53,633
2021 $14,598 $1,245,000 $1,192,418 $52,582
2020 $8,181 $668,092 $595,336 $72,756
2019 $7,934 $654,993 $583,663 $71,330
2018 $7,578 $642,150 $572,218 $69,932
2017 $7,418 $629,559 $560,998 $68,561
2016 $7,276 $617,215 $549,998 $67,217
2015 $7,151 $605,089 $541,737 $63,352
2014 $6,950 $590,737 $531,125 $59,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20132189

California Regional Multiple Listing Service (CRMLS)

APN: 199-076-30