165 Covina Ave Long Beach, CA 90803
Belmont Shore NeighborhoodEstimated Value: $1,915,000 - $2,071,881
6
Beds
4
Baths
2,622
Sq Ft
$770/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- Heating System Uses Natural Gas
- Naples Bayside Academy Rated A
About This Home
As of August 2016Great location South of 2nd St. 3 units are 2 BR/1 BA. 1 unit is a studio. Large units, lots of closet space, on-site laundry.
The front Unit has a private balcony. Two garages as well as two parking spots. Located in the 100 block of Covina in between the ocean and the shops and restaurants of 2nd street
Last Agent to Sell the Property
Coldwell Banker Realty License #01308345 Listed on: 03/30/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,230
Year Built
- Built in 1963
Lot Details
- 2,549 Sq Ft Lot
- 1 Common Wall
Parking
- 2 Car Garage
Home Design
- 2,622 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
- Heating System Uses Natural Gas
Listing and Financial Details
- Tax Lot 32
- Tax Tract Number 3885
- Assessor Parcel Number 7247006031
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $465
- Maintenance Expense $415
- Trash Expense $11
- Water Sewer Expense $1,198
- Gross Income $5,570
- Net Operating Income $46,582
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 2, 2016
Sold by
Donohue Joseph J
Bought by
Sokoloff Steven and Sokoloff Dina
Total Days on Market
63
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$916,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 15, 2013
Sold by
Donohue Joseph J
Bought by
Donohue Joseph J and Donohue Tamara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,300
Interest Rate
4.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 14, 2011
Sold by
Donohue Joseph J
Bought by
Donohue Joseph J and Donohue Tamara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,750
Interest Rate
4.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 27, 2004
Sold by
Barney Mitchell B
Bought by
Donohue Joseph J and Donohue Tamara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 9, 1998
Sold by
Demayo Heidi
Bought by
Barney Mitchell B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,400
Interest Rate
7.13%
Purchase Details
Closed on
Oct 30, 1995
Sold by
Demayo Frank
Bought by
Demayo Heidi
Purchase Details
Closed on
Oct 28, 1994
Sold by
Grenz Gary and Sheets Karen Y
Bought by
Demayo Frank and Demayo Heidi
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 |
|---|---|---|---|
| Sokoloff Steven | $1,309,000 | Old Republic Title Company | |
| Donohue Joseph J | -- | Wfg Title Company Of Ca | |
| Donohue Joseph J | -- | Wfg Title Company Of Ca | |
| Donohue Joseph J | -- | None Available | |
| Donohue Joseph J | -- | Itc | |
| Donohue Joseph J | $1,055,000 | Lawyers Title | |
| Barney Mitchell B | $393,000 | North American Title Co | |
| Demayo Heidi | -- | -- | |
| Demayo Frank | -- | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sokoloff Steven | $868,569 | |
| Previous Owner | Sokoloff Steven | $916,000 | |
| Previous Owner | Donohue Joseph J | $406,300 | |
| Previous Owner | Donohue Joseph J | $424,750 | |
| Previous Owner | Donohue Joseph J | $460,000 | |
| Previous Owner | Barney Mitchell B | $425,000 | |
| Previous Owner | Barney Mitchell B | $40,175 | |
| Previous Owner | Barney Mitchell B | $314,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2016 08/30/16 | Sold | $1,308,675 | -12.8% | $499 / Sq Ft |
| 06/01/2016 06/01/16 | Pending | -- | -- | -- |
| 03/30/2016 03/30/16 | For Sale | $1,500,000 | -- | $572 / 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 | $19,230 | $1,489,041 | $1,024,044 | $464,997 |
| 2023 | $18,906 | $1,459,845 | $1,003,965 | $455,880 |
| 2022 | $17,736 | $1,431,222 | $984,280 | $446,942 |
| 2021 | $17,388 | $1,403,160 | $964,981 | $438,179 |
| 2019 | $17,139 | $1,362,124 | $936,360 | $425,764 |
| 2018 | $16,728 | $1,335,428 | $918,000 | $417,428 |
| 2016 | $14,922 | $1,242,250 | $529,869 | $712,381 |
| 2015 | $14,317 | $1,223,591 | $521,910 | $701,681 |
| 2014 | $14,215 | $1,199,624 | $511,687 | $687,937 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Oats
M
Seller's Agent in 2016
Michelle Oats
Coldwell Banker Realty
(562) 756-2222
3 Total Sales
-
Martin Feinberg
Buyer's Agent in 2016
Martin Feinberg
Keller Williams Los Angeles
(310) 729-6573
77 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16065158
APN: 7247-006-031
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