NOT LISTED FOR SALE

Estimated Value: $2,024,000 - $3,274,699

8 Beds
4 Baths
5,544 Sq Ft
$485/Sq Ft Est. Value

Last Sold December 22, 2012

Last sale price $1,300,000 $234 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $16,346/month

368 Days on Market

Highlights

  • 0.19 Acre Lot
  • Craftsman Architecture
  • Granite Countertops
  • Long Beach Polytechnic High School Rated A
  • Wood Flooring
  • No Heating

About This Home

As of December 2012

Beautifully remodeled 4 plex. One block from Ocean. All 2 Bedroom 1 bath Units over 1000 sqf each. Open Dining and living room area. Lots of light. Unique builtins,new kitchens,wood floors, indoor laundry and much much more. Porches or Balcany with each unit. Common Grassy area with BBQ. Plus 5 Garages. Amazing Property too many upgrades to list. Great property bring your fussy buyer they will love it. !!! All new Paint and LandScaping too !!!

Last Agent to Sell the Property

Jona Howe

Jona Howe, Broker License #01299396 Listed on: 10/07/2011

Last Buyer's Agent

Steven Rime

Keller Williams South Bay License #01370578

Keller Williams South Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,595

Year Built

  • Built in 1919

Lot Details

  • 8,298

Home Design

  • Craftsman Architecture
  • Stucco

Interior Spaces

  • 5,544 Sq Ft Home
  • Decorative Fireplace
  • Wood Flooring
  • Granite Countertops

Additional Features

  • 8,298 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Legal Lot and Block 11 / 53
  • Assessor Parcel Number 7265014010

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $600
  • Professional Management Expense $4,800
  • Water Sewer Expense $672
  • New Taxes Expense $11,046
  • Gross Income $7,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,595

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Assessments: No
  • Professional Management Expense: 4800.00
  • View: No
  • Water Sewer Expenses: 672.00
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7265014010
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Granite Counters
  • Flooring: Wood
  • Appliances: No
  • Fireplace Features: Decorative
  • Levels: Two
  • Price Per Square Foot: 234.49

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Sewer Available, Water Connected
  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8298.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 7800.00
  • Gross Multiplier: 14.95
  • Gross Scheduled Income: 93600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number With Carpet: 1
  • Number With Drapes: 4
  • Number With Patio: 4
  • Number With Refrigerator: 4
  • Operating Expense: 14943.00
  • Total Actual Rent: 90600.00

Tax Info

  • New Taxes Expense: 11046.00
  • Tax Block: 53
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2021
Sold by
Tuck Norman and Tuck Patricia I
Bought by
Tuck Patricia I
Current Estimated Value
$2,690,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$107,981
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$2,154,497

Purchase Details

Closed on
Feb 13, 2015
Sold by
Tuck Norman M
Bought by
Tuck Patricia I and Tuck Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2015
Sold by
Tuck Patricia I
Bought by
Tuck Norman M and Tuck Patricia Puente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2011
Closed on
Feb 4, 2013
Sold by
Tuck Patricia I and The Tuck Family Trust
Bought by
Tuck Patricia I and The Tuck Family Trust
Seller's Agent
Jona Howe
Jona Howe, Broker
Buyer's Agent
Steven Rime
Keller Williams South Bay
List Price
$1,499,000
Sold Price
$1,300,000
Premium/Discount to List
-$199,000
-13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%

Purchase Details

Listed on
Oct 7, 2011
Closed on
Oct 23, 2012
Sold by
Bozanich Chere and The Evans Family Trust
Bought by
Tuck Patricia J and Tuck Family Trust
Seller's Agent
Jona Howe
Jona Howe, Broker
Buyer's Agent
Steven Rime
Keller Williams South Bay
List Price
$1,499,000
Sold Price
$1,300,000
Premium/Discount to List
-$199,000
-13.28%
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
Tuck Patricia I -- Lawyers Title Oc
Tuck Norman -- Lawyers Title Oc
Tuck Patricia I -- Provident Title Co
Tuck Norman M -- Provident Title Co
Tuck Patricia I -- First American Title
Tuck Patricia J $1,300,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tuck Norman $180,000
Closed Tuck Norman M $255,000
Previous Owner Bozanich Chere $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2012 12/22/12 Sold $1,300,000 -13.3% $234 / Sq Ft
10/09/2012 10/09/12 Pending -- -- --
10/07/2011 10/07/11 For Sale $1,499,000 -- $270 / 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 $20,595 $1,600,847 $985,138 $615,709
2024 $20,595 $1,569,459 $965,822 $603,637
2023 $20,254 $1,538,686 $946,885 $591,801
2022 $19,019 $1,508,517 $928,319 $580,198
2021 $18,633 $1,478,939 $910,117 $568,822
2020 $18,583 $1,463,775 $900,785 $562,990
2019 $18,368 $1,435,074 $883,123 $551,951
2018 $17,809 $1,406,936 $865,807 $541,129
2016 $16,362 $1,352,305 $832,188 $520,117
2015 $15,704 $1,331,993 $819,688 $512,305
2014 $15,593 $1,305,902 $803,632 $502,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S675978

California Regional Multiple Listing Service (CRMLS)

APN: 7265-014-010