NOT LISTED FOR SALE

Estimated Value: $690,000 - $738,881

4 Beds
2 Baths
1,070 Sq Ft
$664/Sq Ft Est. Value

Last Sold October 18, 2017

Last sale price $495,000 $463 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,355/month

65 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Granite Countertops
  • Cooling System Powered By Gas
  • Property is near public transit
  • Crown Molding
  • Laundry Room

About This Home

As of October 2017

This home is located at 1627 W Parade St, Long Beach, CA 90810 since 21 June 2017 and is currently estimated at $710,470, approximately $663 per square foot. This property was built in 1947. 1627 W Parade St is a home located in Los Angeles County with nearby schools including Garfield Elementary School, Juan Rodriguez Cabrillo High School, and We the People High School.

Last Agent to Sell the Property

Diolinda Loakes

Anchor Point Commercial License #01784508 Listed on: 06/21/2017

Last Buyer's Agent

Roxana Munoz

NextHome Masters License #01343821

NextHome Masters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,237

Year Built

  • Built in 1947

Lot Details

  • 3,264 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,070 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Electric Oven
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Cooling System Powered By Gas
  • Central Heating
  • Standard Electricity

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 24
  • Tax Tract Number 1833
  • Assessor Parcel Number 7431028016

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Fuel Expense $240
  • Insurance Expense $1,200
  • Trash Expense $280
  • Water Sewer Expense $600
  • New Taxes Expense $6,000
  • Operating Expense $8,920
  • Gross Income $26,800
  • Net Operating Income $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,237

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 5622616107
  • Property Attached: Yes
  • Water Sewer Expenses: 600.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7431028016
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Granite Counters
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 462.62
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Other
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven
  • Electric: Standard
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 280.00
  • Water Source: Public
  • Cooling: Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Near Public Transit
  • Lot Size Sq Ft: 3264.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 600.00
  • Fuel Expense: 240.00
  • Gross Income: 26800.00
  • Gross Scheduled Income: 26800.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 600.00
  • Rent Control: Yes
  • Total Expenses: 8920.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Lot: 24
  • Tax Tract Number: 1833

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2019
Sold by
Munoz Inez A
Bought by
Munoz Inez and The Inez Munoz Revocable Livin
Current Estimated Value
$710,470

Purchase Details

Listed on
Jun 21, 2017
Closed on
Aug 25, 2017
Sold by
Demojica Ma Mariza Duarte
Bought by
Munoz Inez A
Seller's Agent
Diolinda Loakes
Anchor Point Commercial
Buyer's Agent
Roxana Munoz
NextHome Masters
List Price
$540,000
Sold Price
$495,000
Premium/Discount to List
-$45,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$297,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2017
Sold by
Hsbc Bank Usa National Association
Bought by
Demojica Ma Mariza Duarte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,400
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2017
Sold by
Hsbc Bank Usa National Association
Bought by
Demojica Ma Mariza Duarte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,400
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 2016
Sold by
Gallardo Maria
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Sep 15, 2009
Sold by
Stevenson Affiliates
Bought by
Gallardo Maria

Purchase Details

Closed on
Aug 7, 2009
Sold by
Marengo Associates
Bought by
Gallardo Maria

Purchase Details

Closed on
Jul 22, 2009
Sold by
Thorton Group
Bought by
Gallardo Maria

Purchase Details

Closed on
Jul 16, 2009
Sold by
Portland Associates
Bought by
Gallardo Maria

Purchase Details

Closed on
Jul 15, 2009
Sold by
Mercer Enterprises
Bought by
Gallardo Maria

Purchase Details

Closed on
Jul 7, 2009
Sold by
Carpenter Group
Bought by
Gallardo Maria

Purchase Details

Closed on
Sep 8, 2007
Sold by
Gallardo Maria
Bought by
Affiliates Stevenson

Purchase Details

Closed on
Aug 1, 2007
Sold by
Gallardo Maria
Bought by
Marengo Associates

Purchase Details

Closed on
Jul 12, 2007
Sold by
Gallardo Maria
Bought by
Thorton Group

Purchase Details

Closed on
Jun 14, 2007
Sold by
Gallardo Maria
Bought by
Portland Associates

Purchase Details

Closed on
Mar 17, 2005
Sold by
Oleary Kenneth John and Oleary Kathlene Jay
Bought by
Gallardo Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,250
Interest Rate
7.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Cyprus Kip and Cyprus Brett
Bought by
Oleary Kenneth John and Oleary Kathlene Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,500
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 1996
Sold by
Cyprus Amy L
Bought by
Cyprus Kip

Purchase Details

Closed on
Jul 10, 1996
Sold by
Saucedo Ernesto and Great Western Bank Fsb
Bought by
Great Western Bank Fsb
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
Munoz Inez -- None Available
Munoz Inez A $495,000 Provident Title Company
Demojica Ma Mariza Duarte $331,000 Premium Title Of Ca Inc
Demojica Ma Mariza Duarte $331,000 Premium Title Of Ca Inc
Hsbc Bank Usa National Association $627,865 None Available
Gallardo Maria $1,000 None Available
Gallardo Maria $1,000 None Available
Gallardo Maria $1,000 None Available
Gallardo Maria $1,000 None Available
Gallardo Maria $1,000 None Available
Gallardo Maria $1,000 None Available
Affiliates Stevenson -- None Available
Marengo Associates -- None Available
Carpenter Group -- None Available
Thorton Group -- None Available
Portland Associates -- None Available
Gallardo Maria $365,000 Lawyers Title Company
Oleary Kenneth John $310,000 Southland Title Company
Cyprus Kip -- Southland Title Company
Cyprus Brett -- Southland Title Company
Cyprus Kip -- --
Great Western Bank Fsb $60,200 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Munoz Inez A $297,000
Previous Owner Demojica Ma Mariza Duarte $264,400
Previous Owner Demojica Ma Mariza Duarte $264,400
Previous Owner Gallardo Maria $310,250
Previous Owner Oleary Kenneth John $263,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2017 10/18/17 Sold $495,000 -0.8% $463 / Sq Ft
08/25/2017 08/25/17 Pending -- -- --
08/16/2017 08/16/17 Price Changed $499,000 -2.2% $466 / Sq Ft
08/15/2017 08/15/17 Price Changed $510,000 -5.6% $477 / Sq Ft
06/21/2017 06/21/17 For Sale $540,000 -- $505 / 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 $7,237 $563,220 $398,238 $164,982
2024 $7,237 $552,178 $390,430 $161,748
2023 $7,114 $541,352 $382,775 $158,577
2022 $6,678 $530,738 $375,270 $155,468
2021 $6,545 $520,332 $367,912 $152,420
2020 $6,529 $514,998 $364,140 $150,858
2019 $6,452 $504,900 $357,000 $147,900
2018 $6,275 $495,000 $350,000 $145,000
2016 $3,942 $317,077 $157,636 $159,441
2015 $3,786 $312,316 $155,269 $157,047
2014 $3,766 $306,199 $152,228 $153,971
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR17140785

California Regional Multiple Listing Service (CRMLS)

APN: 7431-028-016