162 N Loreta Walk Long Beach, CA 90803
Naples NeighborhoodEstimated Value: $1,403,000 - $1,827,777
4
Beds
2
Baths
1,970
Sq Ft
$839/Sq Ft
Est. Value
Highlights
- Neighborhood Views
- Laundry Room
- Carpet
- Naples Bayside Academy Rated A
- Zero Lot Line
- Wall Furnace
About This Home
As of June 2021Spanish style duplex just off Naples Plaza features two bedrooms and one bath in each unit. Duplex is a great way to make Naples home while living in one unit and leasing out the other. A Duplex, especially in such a wonderful community, is also a great investment. They each have a formal dining room off the kitchen and a good sized living room. Downstairs unit takes advantage of a front patio while the upstairs unit has its own private patio off the kitchen. Laundry is in the kitchen and there is both a two car garage and a single car garage so each unit can have a place for their car and/or storage. A decorative fireplace sits in the living room. This home welcomes someone new.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,023
Year Built
- Built in 1930
Lot Details
- 2,422 Sq Ft Lot
- No Common Walls
- Zero Lot Line
Parking
- 3 Car Garage
Home Design
- Raised Foundation
- Spanish Tile Roof
- Stucco
Interior Spaces
- 1,970 Sq Ft Home
- 2-Story Property
- Decorative Fireplace
- Carpet
- Neighborhood Views
- Gas Cooktop
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Standard Electricity
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 10 / 19
- Assessor Parcel Number 7243011010
Community Details
Overview
- 2 Units
- Naples Subdivision
Recreation
- Water Sports
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $3,500
- Water Sewer Expense $1,200
- New Taxes Expense $15,950
- Operating Expense $20,650
- Gross Income $28,800
- Net Operating Income $28,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2021
Closed on
May 7, 2021
Sold by
Shaffer Gwen
Bought by
Chesnin Kenneth J
Seller's Agent
Crystal Glenning
Compass
Buyer's Agent
Mike Norton
Seven Gables Real Estate
List Price
$1,275,000
Sold Price
$1,258,000
Premium/Discount to List
-$17,000
-1.33%
Total Days on Market
6
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
$393,944
Avg. Annual Appreciation
7.63%
Original Mortgage
$1,053,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 26, 2021
Closed on
Apr 12, 2021
Sold by
Connolly William Edward
Bought by
Nyberg David Michael and Connolly Michael John
Seller's Agent
Crystal Glenning
Compass
Buyer's Agent
Mike Norton
Seven Gables Real Estate
List Price
$1,275,000
Sold Price
$1,258,000
Premium/Discount to List
-$17,000
-1.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,053,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 26, 2021
Closed on
Apr 7, 2021
Sold by
Connolly Michael John and Nyberg David Michael
Bought by
Chesnin Kenneth J
Seller's Agent
Crystal Glenning
Compass
Buyer's Agent
Mike Norton
Seven Gables Real Estate
List Price
$1,275,000
Sold Price
$1,258,000
Premium/Discount to List
-$17,000
-1.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,053,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 1, 2002
Sold by
Connolly William E and Connolly Virginia J
Bought by
Connolly William E
Similar Homes in Long Beach, CA
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 |
|---|---|---|---|
| Chesnin Kenneth J | -- | Ticor Title | |
| Chesnin Kenneth J | $1,259,000 | Ticor Title | |
| Connolly William E | -- | -- | |
| Connolly William E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chesnin Kenneth J | $1,053,000 | |
| Previous Owner | Connolly William E | $315,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2021 06/04/21 | Sold | $1,258,000 | -1.3% | $639 / Sq Ft |
| 04/02/2021 04/02/21 | Pending | -- | -- | -- |
| 03/26/2021 03/26/21 | For Sale | $1,275,000 | +1.4% | $647 / Sq Ft |
| 03/22/2021 03/22/21 | Off Market | $1,258,000 | -- | -- |
| 08/01/2016 08/01/16 | Rented | $2,050 | 0.0% | -- |
| 06/28/2016 06/28/16 | Price Changed | $2,050 | -12.8% | $2 / Sq Ft |
| 03/28/2016 03/28/16 | For Rent | $2,350 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $17,023 | $1,335,582 | $870,190 | $465,392 |
| 2023 | $16,741 | $1,309,395 | $853,128 | $456,267 |
| 2022 | $15,690 | $1,283,721 | $836,400 | $447,321 |
| 2021 | $6,643 | $530,275 | $312,049 | $218,226 |
| 2020 | $6,624 | $525,039 | $308,850 | $216,189 |
| 2019 | $6,545 | $514,749 | $302,795 | $211,954 |
| 2018 | $6,355 | $504,660 | $296,858 | $207,802 |
| 2016 | $5,838 | $484,874 | $285,332 | $199,542 |
| 2015 | $5,603 | $477,592 | $281,047 | $196,545 |
| 2014 | $5,565 | $468,237 | $275,542 | $192,695 |
Source: Public Records
Agents Affiliated with this Home
-
Crystal Glenning
Seller's Agent in 2021
Crystal Glenning
Compass
(562) 754-4104
7 in this area
68 Total Sales
-
Mike Norton
Buyer's Agent in 2021
Mike Norton
Seven Gables Real Estate
(562) 577-5021
1 in this area
17 Total Sales
-
K
Seller's Agent in 2016
Ken Trossen
Equity Brokers
(562) 434-6731
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21046222
APN: 7243-011-010
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