NOT LISTED FOR SALE

166 E Eldridge St Long Beach, CA 90807

Memorial Heights Neighborhood

Estimated Value: $606,002 - $862,000

2 Beds
2 Baths
740 Sq Ft
$930/Sq Ft Est. Value

Last Sold November 02, 2017

Last sale price $363,000 $491 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,046/month

6 Days on Market

Highlights

  • Property is near public transit
  • Hughes Middle School Rated A-
  • Front Yard

About This Home

As of November 2017

Great opportunity to purchase a duplex and investment in your future! Live in one, rent the other or simply purchase for investment. This charming 2 unit property features 1 bed, 1 bath each, carport, backyard access. Units are in good conditions. This property is located near public transportation and freeway access.

Last Agent to Sell the Property

Wilson Acevedo

Acevedo Real Estate Pro License #01751542 Listed on: 09/13/2017

Acevedo Real Estate Pro

Last Buyer's Agent

Kevin Hoban

Kevin C. Hoban, Broker License #00924277

Kevin C. Hoban, Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 2,994 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Home Design

  • 740 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Location

  • Property is near public transit
  • Urban Location

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 7206021001

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LBR34
  • Property Type: Residential Income
  • Parcel Number: 7206021001
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 490.54

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Near Public Transit
  • Lot Size Sq Ft: 2994.00

Multi Family

  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5722.01
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2017
Closed on
Sep 28, 2017
Sold by
Goettel Klaus
Bought by
Zorehi Farah
Seller's Agent
Wilson Acevedo
Acevedo Real Estate Pro
Buyer's Agent
Kevin Hoban
Kevin C. Hoban, Broker
List Price
$350,000
Sold Price
$363,000
Premium/Discount to List
$13,000
3.71%
Current Estimated Value
$688,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,251
Avg. Annual Appreciation
8.16%
Original Mortgage
$344,850
Outstanding Balance
$288,124
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$400,127

Purchase Details

Closed on
May 25, 1994
Sold by
Cisneros Henry G
Bought by
Goettel Klaus

Purchase Details

Closed on
Sep 15, 1993
Sold by
Midfirst Svgs & Loan
Bought by
Hud

Purchase Details

Closed on
Aug 18, 1993
Sold by
Cal Western Reconveyance Corp
Bought by
Midfirst S S and Midfirst L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Zorehi Farah $363,000 Provident Title
Goettel Klaus $44,000 California Counties Title Co
Hud -- Benevest Title
Midfirst S S $99,447 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zorehi Farah $344,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2017 11/02/17 Sold $363,000 +3.7% $491 / Sq Ft
09/13/2017 09/13/17 For Sale $350,000 -- $473 / 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 $5,285 $413,026 $227,563 $185,463
2024 $5,285 $404,928 $223,101 $181,827
2023 $5,192 $396,989 $218,727 $178,262
2022 $4,873 $389,206 $214,439 $174,767
2021 $4,773 $381,576 $210,235 $171,341
2019 $4,702 $370,260 $204,000 $166,260
2018 $4,577 $363,000 $200,000 $163,000
2016 $1,375 $96,175 $53,113 $43,062
2015 $1,375 $94,732 $52,316 $42,416
2014 $1,328 $92,878 $51,292 $41,586
Source: Public Records

Agents Affiliated with this Home

  • Wilson Acevedo

    Seller's Agent in 2017

    Wilson Acevedo

    Acevedo Real Estate Pro

    (562) 607-9420

    2 Total Sales

    Wilson Acevedo
    Section Image
  • Kevin Hoban

    Buyer's Agent in 2017

    Kevin Hoban

    Kevin C. Hoban, Broker

    (562) 708-0393

    12 Total Sales

    Kevin Hoban
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17211811

California Regional Multiple Listing Service (CRMLS)

APN: 7206-021-001

California Los Angeles County Long Beach 90807 Memorial Heights

166 E Eldridge St, Long Beach, CA

Not Listed for Sale

MultiFamily

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