NOT LISTED FOR SALE

Estimated Value: $680,000 - $955,909

4 Beds
3 Baths
1,620 Sq Ft
$532/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $575,000 $355 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,213/month

43 Days on Market

Highlights

  • No Units Above
  • Private Yard
  • 3-minute walk to Rosa Parks Park
  • Long Beach Polytechnic High School Rated A
  • Laundry Room

About This Home

As of May 2018

Will qualify for FHA financing! Excellent Income OR Owner Occupant Opportunity in Great area of Long Beach!!! Excellent curb appeal on this well maintained craftsman style triplex with Freestanding 3 Bedroom 1 Bathroom front house featuring interior laundry, one car garage and ample driveway parking. Rear duplex features a one bedroom one bathroom and a large studio, each with their own private exterior space providing great autonomy of living. Entire property is secured by newer iron gate allowing for excellent privacy and security. No Rent control.

Last Agent to Sell the Property

Haley Larson

Estate Properties License #01866435 Listed on: 02/28/2018

Last Buyer's Agent

Bradley Johnson

Bradley Johnson, Broker License #01896130

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 3,768 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Private Yard

Parking

  • 1 Car Garage

Home Design

  • 1,620 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 7141
  • Assessor Parcel Number 7268032016

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,100
  • Fuel Expense $639
  • Insurance Expense $920
  • Trash Expense $960
  • Water Sewer Expense $1,320
  • New Taxes Expense $7,487
  • Operating Expense $12,024
  • Gross Income $40,080
  • Net Operating Income $28,056

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 1320.00
  • Property Type: Residential Income
  • Parcel Number: 7268032016
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Price Per Square Foot: 354.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 960.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 3768.00

Multi Family

  • Electric Expense: 1100.00
  • Fuel Expense: 639.00
  • Gross Income: 40080.00
  • Gross Scheduled Income: 40080.00
  • Insurance Expense: 920.00
  • Net Operating Income: 28056.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Operating Expense: 12024.00
  • Rent Control: No
  • Total Expenses: 12024.00

Tax Info

  • New Taxes Expense: 7487.00
  • Tax Lot: 14
  • Tax Tract Number: 7141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2020
Sold by
Johnson Bradley and Johnson Cristina D
Bought by
1609 1611 Gundry Avenue Llc
Current Estimated Value
$861,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$404,300
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$457,177

Purchase Details

Listed on
Feb 28, 2018
Closed on
May 22, 2018
Sold by
Greer Alycia Andrea Neclle
Bought by
Greer Keith
Seller's Agent
Haley Larson
Estate Properties
Buyer's Agent
Bradley Johnson
Bradley Johnson, Broker
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$453,100
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2018
Closed on
May 10, 2018
Sold by
Security Eat 161 Inc
Bought by
Johnson Bradley and Johnson Cristina D
Seller's Agent
Haley Larson
Estate Properties
Buyer's Agent
Bradley Johnson
Bradley Johnson, Broker
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2017
Sold by
Graham Brent and Graham Stacey
Bought by
Security Eat 161 Inc

Purchase Details

Listed on
Jan 2, 2015
Closed on
Jan 20, 2015
Sold by
Conavay Mark Alan and Pfaff Dawn Alyson
Bought by
Graham Brent and Graham Stacey
Seller's Agent
dawn pfaff
Empire Property Management
Buyer's Agent
Haley Larson
Estate Properties
List Price
$450,000
Sold Price
$458,000
Premium/Discount to List
$8,000
1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$323,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2013
Closed on
Jun 4, 2013
Sold by
Madden Tina and The James Patrick Madden & Tin
Bought by
Conovay Mark Alan and Pfaff Dawn Alyson
Seller's Agent
Douglas Maupin
Maupin Realtors
Buyer's Agent
Douglas Maupin
Maupin Realtors
List Price
$369,000
Sold Price
$369,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.99%
Original Mortgage
$271,875
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2011
Sold by
R E O Ono Llc
Bought by
Madden Tina and The James Patrick Madden & Tin

Purchase Details

Closed on
Mar 3, 2010
Sold by
Madden Tina
Bought by
R E O Ono Llc

Purchase Details

Closed on
Feb 8, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Madden Tina

Purchase Details

Closed on
Jun 19, 2009
Sold by
Gutierrez Juana
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 21, 2006
Sold by
Corral Rogelio
Bought by
Gutierrez Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
6.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 17, 2006
Sold by
Nic Hamill Development Llc
Bought by
Gutierrez Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
6.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 26, 2005
Sold by
Morm Bin and Morm Dara
Bought by
Nic Hamill Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 24, 2002
Sold by
Keat Siphannarith Kin and Morm Bin
Bought by
Morm Bin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.83%

Purchase Details

Closed on
Oct 4, 2000
Sold by
Household Finance Corp Of California
Bought by
Keat Siphannarith Kin and Morm Bin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,473
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2000
Sold by
Fenderson Linwood
Bought by
Household Finance Corp Of California

Purchase Details

Closed on
Feb 26, 1996
Sold by
Parker Estella
Bought by
Fenderson Linwood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,150
Interest Rate
8.07%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
1609 1611 Gundry Avenue Llc -- Wfg National Title Company
Greer Keith -- Lawyers Title
Johnson Bradley $575,000 Lawyers Title
Security Eat 161 Inc -- Accommodation
Graham Brent $458,000 Ticor Title Company
Conovay Mark Alan $369,000 Chicago Title Company
Madden Tina -- Accommodation
R E O Ono Llc -- Accommodation
Madden Tina $250,000 Landsafe Title
Deutsche Bank National Trust Company $268,000 Landsafe Title
Gutierrez Juana -- Fidelity National Title Co
Gutierrez Juana $615,000 Fidelity National Title Co
Nic Hamill Development Llc $450,000 Fidelity National Title Co
Morm Bin -- Fidelity National Title Co
Morm Bin -- South Coast Title Company
Keat Siphannarith Kin $132,000 Orange Coast Title
Household Finance Corp Of California $177,458 --
Fenderson Linwood $107,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1609 1611 Gundry Avenue Llc $450,000
Previous Owner Johnson Bradley $453,100
Previous Owner Graham Brent $323,000
Previous Owner Conovay Mark Alan $271,875
Previous Owner Gutierrez Juana $61,500
Previous Owner Gutierrez Juana $492,000
Previous Owner Morm Bin $50,000
Previous Owner Nic Hamill Development Llc $430,000
Previous Owner Morm Bin $132,000
Previous Owner Keat Siphannarith Kin $121,473
Previous Owner Fenderson Linwood $140,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2018 05/25/18 Sold $575,000 -3.6% $355 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
03/29/2018 03/29/18 Price Changed $596,500 -0.1% $368 / Sq Ft
03/27/2018 03/27/18 Price Changed $596,900 -0.1% $368 / Sq Ft
03/15/2018 03/15/18 Price Changed $597,500 -0.1% $369 / Sq Ft
03/14/2018 03/14/18 Price Changed $598,000 -0.1% $369 / Sq Ft
03/13/2018 03/13/18 Price Changed $598,500 -0.1% $369 / Sq Ft
02/28/2018 02/28/18 For Sale $599,000 +30.8% $370 / Sq Ft
02/22/2015 02/22/15 Sold $458,000 +1.8% $283 / Sq Ft View Prior Sale
01/09/2015 01/09/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $450,000 +22.0% $278 / Sq Ft
07/01/2013 07/01/13 Sold $369,000 0.0% $228 / Sq Ft View Prior Sale
04/22/2013 04/22/13 Pending -- -- --
04/17/2013 04/17/13 For Sale $369,000 -- $228 / 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 $8,543 $654,246 $227,563 $426,683
2024 $8,543 $641,418 $223,101 $418,317
2023 $8,396 $628,842 $218,727 $410,115
2022 $7,885 $616,513 $214,439 $402,074
2021 $7,725 $604,426 $210,235 $394,191
2020 $7,705 $598,230 $208,080 $390,150
2019 $7,614 $586,500 $204,000 $382,500
2018 $6,289 $483,768 $211,253 $272,515
2016 $5,790 $464,984 $203,050 $261,934
2015 $4,642 $376,372 $152,997 $223,375
2014 $4,622 $369,000 $150,000 $219,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV18046430

California Regional Multiple Listing Service (CRMLS)

APN: 7268-032-016