NOT LISTED FOR SALE

Estimated Value: $618,000 - $752,000

1 Bed
1 Bath
1,284 Sq Ft
$529/Sq Ft Est. Value

Last Sold August 13, 2013

Last sale price $275,000 $214 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $3,914/month

20 Days on Market

About This Home

As of August 2013

Great opportunity for an investor or first time buyer, buy 2 units for the price of a SFR. 1st unit has 1 bedroom 1 bath with bonus room / Den and private yard. 2nd unit is 1 bedroom 1 bath also with a private yard. Property comes with a 2 car detached garage along with 2 additional parking spaces. Needs a little TLC but has lots of potential. Both units will be delivered vacant at COE. Come check it out today!

Last Agent to Sell the Property

Juan Avendano

Re/Max College Park Realty License #01281681 Listed on: 06/20/2013

Re/Max College Park Realty

Last Buyer's Agent

Phoebe Wilson

Shore Capital Corporation License #01892248

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 4,048 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall

Parking

  • 2 Car Garage

Home Design

  • 1,284 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 1-3
  • Tax Tract Number 5992
  • Assessor Parcel Number 7126024001

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

4,048 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Subdivision Name Other: North Long Beach (NLB)
  • Property Type: Residential Income
  • Parcel Number: 7126024001
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 214.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 4048.00
  • Lot Size Acres: 0.0930

Multi Family

  • Lot Size Area: 4048.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 1-3
  • Tax Tract Number: 5992
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2013
Closed on
Jul 8, 2013
Sold by
Venegas Sergio
Bought by
Phan Tony
Seller's Agent
Juan Avendano
Re/Max College Park Realty
Buyer's Agent
Phoebe Wilson
Shore Capital Corporation
List Price
$269,900
Sold Price
$275,000
Premium/Discount to List
$5,100
1.89%
Current Estimated Value
$679,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,368
Avg. Annual Appreciation
7.45%
Original Mortgage
$270,019
Outstanding Balance
$201,070
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$478,298

Purchase Details

Closed on
Nov 29, 2004
Sold by
Venegas Ivan
Bought by
Venegas Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2003
Sold by
Venegas Maria Anna
Bought by
Venegas Sergio

Purchase Details

Closed on
Apr 14, 2003
Sold by
Barker Elliot S
Bought by
Venegas Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,047
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 1996
Sold by
Barker Elliot S
Bought by
Barker Elliot S

Purchase Details

Closed on
Jul 23, 1994
Sold by
Barker Evelyn L and Barker Lynn D
Bought by
Barker Evelyn L and The Evelyn Barker Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Phan Tony $275,000 Lawyers Title
Venegas Sergio -- Gateway Title Company
Venegas Sergio -- First Southwestern Title Co
Venegas Sergio $212,000 First Southwestern Title Co
Barker Elliot S -- --
Barker Evelyn L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phan Tony $270,019
Previous Owner Venegas Sergio $234,500
Previous Owner Venegas Sergio $209,047
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2013 08/13/13 Sold $275,000 +1.9% $214 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
06/20/2013 06/20/13 For Sale $269,900 -- $210 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,542 $337,101 $183,874 $153,227
2024 $4,542 $330,492 $180,269 $150,223
2023 $4,464 $324,013 $176,735 $147,278
2022 $4,197 $317,661 $173,270 $144,391
2021 $4,109 $311,433 $169,873 $141,560
2019 $4,051 $302,198 $164,836 $137,362
2018 $3,894 $296,273 $161,604 $134,669
2016 $3,583 $284,771 $155,330 $129,441
2015 $3,443 $280,494 $152,997 $127,497
2014 $3,427 $275,000 $150,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13118272

California Regional Multiple Listing Service (CRMLS)

APN: 7126-024-001

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