1622 W Summit St Long Beach, CA 90810
Lower Westside NeighborhoodEstimated Value: $801,000 - $953,000
5
Beds
3
Baths
2,218
Sq Ft
$398/Sq Ft
Est. Value
Highlights
- Private Yard
- 3 Car Garage
- 1-Story Property
- Laundry Room
About This Home
As of August 2023GREAT LOOKING TRIPLEX. 2- TWO BED UNITS AND 1- ONE BED UNIT. ONE BED UNIT (UNIT #C) TO BE DELIVERED VACANT AND IS CURRENTLY BEING REMODELED. 3-CAR GARAGE.
Last Agent to Sell the Property
Urban Street Ventures, Inc License #01001161 Listed on: 05/03/2023
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01294186
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,547
Year Built
- Built in 1959
Lot Details
- 6,515 Sq Ft Lot
- No Common Walls
- Private Yard
Parking
- 3 Car Garage
- Parking Available
Home Design
- Triplex
Interior Spaces
- 2,218 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Additional Features
- Urban Location
- Sewer Paid
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 14 / 9
- Tax Tract Number 1833
- Assessor Parcel Number 7431027014
- $660 per year additional tax assessments
Community Details
Overview
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $5,463
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2023
Closed on
Jun 23, 2023
Sold by
Tulip Holdings Llc
Bought by
Suy Michelle
Seller's Agent
Robert Compean
Urban Street Ventures, Inc
Buyer's Agent
Patricia Conejos
Berkshire Hathaway HomeServices California Properties
List Price
$875,000
Sold Price
$875,000
Total Days on Market
50
Views
289
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
$6,700
Avg. Annual Appreciation
-0.98%
Original Mortgage
$375,000
Outstanding Balance
$367,716
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$491,742
Purchase Details
Listed on
Aug 2, 2017
Closed on
Dec 18, 2017
Sold by
Urban Street Ventures Inc
Bought by
Marigold Holdings Llc
Seller's Agent
Judy Borowski
Century 21 Discovery
Buyer's Agent
Judy Borowski
Century 21 Discovery
List Price
$650,000
Sold Price
$500,000
Premium/Discount to List
-$150,000
-23.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%
Purchase Details
Listed on
Aug 2, 2017
Closed on
Nov 9, 2017
Sold by
Toma Mieko and Toma Tlalka Kristine Y
Bought by
Urban Street Ventures Inc
Seller's Agent
Judy Borowski
Century 21 Discovery
Buyer's Agent
Judy Borowski
Century 21 Discovery
List Price
$650,000
Sold Price
$500,000
Premium/Discount to List
-$150,000
-23.08%
Purchase Details
Closed on
Mar 20, 2017
Sold by
Marigold Holdings Llc
Bought by
Tulip Holding Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.4%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 28, 2005
Sold by
Toma Hideo and Nakamura Kimiyo
Bought by
Toma Hideo and Toma Mieko
Similar Homes in Long Beach, CA
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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 |
|---|---|---|---|
| Suy Michelle | $875,000 | California Best Title | |
| Marigold Holdings Llc | -- | None Available | |
| Urban Street Ventures Inc | $500,000 | Chicago Title Company | |
| Tulip Holding Llc | -- | North American Title | |
| Toma Hideo | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Suy Michelle | $375,000 | |
| Previous Owner | Tulip Holdings Llc | $2,000,000 | |
| Previous Owner | Tulip Holding Llc | $2,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/03/2023 08/03/23 | Sold | $875,000 | 0.0% | $394 / Sq Ft |
| 06/22/2023 06/22/23 | Pending | -- | -- | -- |
| 05/03/2023 05/03/23 | For Sale | $875,000 | +75.0% | $394 / Sq Ft |
| 12/13/2017 12/13/17 | Sold | $500,000 | -9.1% | $225 / Sq Ft |
| 10/23/2017 10/23/17 | Pending | -- | -- | -- |
| 10/17/2017 10/17/17 | Price Changed | $550,000 | -15.4% | $248 / Sq Ft |
| 08/02/2017 08/02/17 | For Sale | $650,000 | -- | $293 / Sq Ft |
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 | $11,547 | $875,000 | $575,000 | $300,000 |
| 2023 | $8,843 | $656,184 | $382,775 | $273,409 |
| 2022 | $8,310 | $643,319 | $375,270 | $268,049 |
| 2021 | $8,139 | $630,706 | $367,912 | $262,794 |
| 2020 | $8,118 | $624,240 | $364,140 | $260,100 |
| 2019 | $8,024 | $612,000 | $357,000 | $255,000 |
| 2018 | $7,746 | $600,000 | $350,000 | $250,000 |
| 2017 | $1,161 | $54,439 | $21,724 | $32,715 |
| 2016 | $1,076 | $53,373 | $21,299 | $32,074 |
| 2015 | $1,045 | $52,573 | $20,980 | $31,593 |
| 2014 | $1,058 | $51,545 | $20,570 | $30,975 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Compean
Seller's Agent in 2023
Robert Compean
Urban Street Ventures, Inc
(949) 241-9644
2 in this area
56 Total Sales
-
Patricia Conejos
Buyer's Agent in 2023
Patricia Conejos
Berkshire Hathaway HomeServices California Properties
(562) 881-4107
1 in this area
48 Total Sales
-
Judy Borowski
Seller's Agent in 2017
Judy Borowski
Century 21 Discovery
(714) 329-6333
50 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23075815
APN: 7431-027-014
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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