NOT LISTED FOR SALE

Estimated Value: $802,000 - $858,000

3 Beds
2 Baths
1,139 Sq Ft
$730/Sq Ft Est. Value

Last Sold September 03, 2015

Last sale price $380,500 $334 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $4,937/month

50 Days on Market

Highlights

  • Private Yard
  • 1 Car Garage
  • 1-Story Property
  • No HOA

About This Home

As of September 2015

PLANS & APPROVED PERMITS FOR ADDT'L SQUARE FOOTAGE ARE AVAILABLE AND INCLUDED IN SALE! Beautiful 2 unit property located in a great North Long Beach neighborhood. Each unit is currently leased out and tenants would like to stay. Perfect investment opportunity. Located in a well established tree lined street with easy access to major shopping, grocery stores, schools, parks, houses of worship. These units are well maintained and seller is extremely motivated.

Last Agent to Sell the Property

Sam Perez

CRMLS Member Transfer License #01818082 Listed on: 05/26/2015

Last Buyer's Agent

Monic Yang

First Team Real Estate - Cerritos License #01436825

First Team Real Estate - Cerritos

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 5,331 Sq Ft Lot
  • No Common Walls
  • Corners Of The Lot Have Been Marked
  • Private Yard
  • Front Yard

Parking

  • 1 Car Garage
  • On-Street Parking

Interior Spaces

  • 1,139 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 27
  • Assessor Parcel Number 7118003029

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $500
  • New Taxes Expense $688
  • Operating Expense $1,788
  • Gross Income $1,860
  • Net Operating Income $1,788

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7118003029
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 334.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Parking Features: Garage, Street
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corners Marked, Front Yard, Yard
  • Lot Size Sq Ft: 5331.00
  • Price Per Lot Square Foot: 71.37
  • Lot Size Acres: 0.1220

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 1860.00
  • Gross Scheduled Income: 22320.00
  • Insurance Expense: 500.00
  • Lot Size Area: 5331.0000 Square Feet
  • Net Operating Income: 1788.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1788.00
  • Rent Control: No
  • Total Expenses: 1788.00

Tax Info

  • New Taxes Expense: 688.00
  • Taxes Percent: 1.10
  • Tax Lot: 27
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2015
Sold by
Vong Sasanapirath
Bought by
Vong Sasanapirath and Yang Monic Tes
Current Estimated Value
$831,262

Purchase Details

Listed on
May 26, 2015
Closed on
Aug 25, 2015
Sold by
Yang Monic Tes
Bought by
Vong Sasanapirath
Seller's Agent
Sam Perez
CRMLS Member Transfer
Buyer's Agent
Monic Yang
First Team Real Estate - Cerritos
List Price
$404,900
Sold Price
$380,500
Premium/Discount to List
-$24,400
-6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$285,375
Outstanding Balance
$223,987
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$607,275

Purchase Details

Listed on
May 26, 2015
Closed on
Aug 5, 2015
Sold by
Professionals Investment Group Llc
Bought by
Vong Sasanapirath
Seller's Agent
Sam Perez
CRMLS Member Transfer
Buyer's Agent
Monic Yang
First Team Real Estate - Cerritos
List Price
$404,900
Sold Price
$380,500
Premium/Discount to List
-$24,400
-6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,375
Outstanding Balance
$223,987
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$607,275

Purchase Details

Closed on
Dec 11, 2014
Sold by
Mrm Investment Group Inc
Bought by
Professionals Investment Group Llc

Purchase Details

Listed on
Apr 29, 2014
Closed on
May 2, 2014
Sold by
Vanderpool Dogulas Brent and The Kunkel Family Trust
Bought by
Mrm Investment Group Inc
Seller's Agent
Kelly Smith
Keller Williams Realty
Buyer's Agent
Kelly Smith
Keller Williams Realty
List Price
$300,000
Sold Price
$326,000
Premium/Discount to List
$26,000
8.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$245,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2012
Sold by
Kunkel Bruce A
Bought by
Kunkel Bruce A and Kunkel Helen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vong Sasanapirath -- Lawyers Title
Vong Sasanapirath -- Ticor
Vong Sasanapirath $380,500 Ticor
Professionals Investment Group Llc -- None Available
Mrm Investment Group Inc $326,003 Lawyers Title
Kunkel Bruce A -- Old Republic Title Company
Kunkel Bruce A -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vong Sasanapirath $285,375
Previous Owner Mrm Investment Group Inc $245,000
Previous Owner Kunkel Bruce A $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2015 09/03/15 Sold $380,500 -6.0% $334 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $404,900 +24.2% $355 / Sq Ft
05/29/2014 05/29/14 Sold $326,000 +8.7% $286 / Sq Ft View Prior Sale
04/30/2014 04/30/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $300,000 -- $263 / 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 $6,981 $536,311 $272,269 $264,042
2024 $6,981 $525,796 $266,931 $258,865
2023 $6,863 $515,488 $261,698 $253,790
2022 $6,446 $505,381 $256,567 $248,814
2021 $6,315 $495,473 $251,537 $243,936
2020 $6,298 $490,393 $248,958 $241,435
2019 $6,225 $480,778 $244,077 $236,701
2018 $6,032 $471,352 $239,292 $232,060
2016 $4,687 $380,500 $230,000 $150,500
2015 $4,025 $332,513 $183,596 $148,917
2014 $688 $34,348 $16,975 $17,373
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG15100433

California Regional Multiple Listing Service (CRMLS)

APN: 7118-003-029