NOT LISTED FOR SALE

Estimated Value: $826,000 - $882,000

5 Beds
2 Baths
1,857 Sq Ft
$463/Sq Ft Est. Value

Last Sold June 09, 2014

Last sale price $360,000 $194 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $5,207/month

2 Days on Market

About This Home

As of June 2014

Very nice two unit property in North Long Beach. Very spacious. Front unit has three large bedrooms and one bath. Rear unit had two very large bedrooms and one bath. Both units are currently occupied. Please do not disturb the tenants. This is a short sale, subject to lender approval.

Last Agent to Sell the Property

Josue Lopez

GROW Detovi, Inc License #01357848 Listed on: 03/19/2014

Last Buyer's Agent

NoEmail NoEmail

OUT OF AREA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,293

Year Built

  • Built in 1928

Lot Details

  • 5,220 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Home Design

  • 1,857 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 7894
  • Assessor Parcel Number 7114016041

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $2,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,293

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: (657) 206-0257
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: North Long Beach (NLB)
  • Property Type: Residential Income
  • Parcel Number: 7114016041
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 193.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 5220.00
  • Lot Size Acres: 0.1200

Multi Family

  • Gross Income: 2900.00
  • Gross Scheduled Income: 34800.00
  • Lot Size Area: 5220.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 7894
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2014
Closed on
May 30, 2014
Sold by
Madrid Joaquin
Bought by
Madrid Fabiola
Seller's Agent
Josue Lopez
GROW Detovi, Inc
Buyer's Agent
NoEmail NoEmail
OUT OF AREA
List Price
$355,000
Sold Price
$360,000
Premium/Discount to List
$5,000
1.41%
Current Estimated Value
$859,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,507
Avg. Annual Appreciation
7.87%
Original Mortgage
$373,117
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 19, 2014
Closed on
May 16, 2014
Sold by
Bravo Guillermina Martinez and Lopez Crisanto
Bought by
Madrid Fabiola
Seller's Agent
Josue Lopez
GROW Detovi, Inc
Buyer's Agent
NoEmail NoEmail
OUT OF AREA
List Price
$355,000
Sold Price
$360,000
Premium/Discount to List
$5,000
1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,117
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2012
Sold by
Bravo Guillermina Martinez
Bought by
Bravo Guillermina Martinez and Lopez Crisanto

Purchase Details

Closed on
Oct 17, 2012
Sold by
Bravo Guillermina Martinez and Alvarez Dolores
Bought by
Bravo Guillermina Martinez

Purchase Details

Closed on
Sep 25, 2006
Sold by
Bravo Guillermina Martinez
Bought by
Bravo Guillermina Martinez and Alvarez Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2006
Sold by
Martinez Alvarez Dolores and Martinez Bravo Adrian
Bought by
Bravo Guillermina Martinez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2005
Sold by
Alvarez Rosalinda
Bought by
Alvarez Dolores and Alvarez Guillermina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2001
Sold by
Vis Anna L
Bought by
Alvarez Rosalinda and Alvarez Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,381
Interest Rate
6.92%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Madrid Fabiola -- Ticor Title
Madrid Fabiola $380,000 Ticor Title
Bravo Guillermina Martinez -- None Available
Bravo Guillermina Martinez -- None Available
Bravo Guillermina Martinez -- None Available
Bravo Guillermina Martinez -- Lawyers Title
Alvarez Dolores -- Lawyers Title
Alvarez Rosalinda $201,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madrid Fabiola $50,000
Open Madrid Fabiola $331,736
Closed Madrid Fabiola $373,117
Previous Owner Bravo Guillermina Martinez $320,000
Previous Owner Alvarez Dolores $205,000
Previous Owner Alvarez Rosalinda $198,381
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2014 06/09/14 Sold $360,000 +1.4% $194 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $355,000 -- $191 / 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 $6,293 $475,430 $220,649 $254,781
2024 $6,293 $466,109 $216,323 $249,786
2023 $6,188 $456,971 $212,082 $244,889
2022 $5,816 $448,012 $207,924 $240,088
2021 $5,695 $439,229 $203,848 $235,381
2020 $5,680 $434,726 $201,758 $232,968
2019 $5,615 $426,202 $197,802 $228,400
2018 $5,397 $417,846 $193,924 $223,922
2016 $4,961 $401,623 $186,395 $215,228
2015 $4,764 $395,592 $183,596 $211,996
2014 $5,840 $484,855 $292,657 $192,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14058251

California Regional Multiple Listing Service (CRMLS)

APN: 7114-016-041