NOT LISTED FOR SALE

Estimated Value: $668,000 - $857,000

2 Beds
2 Baths
1,034 Sq Ft
$727/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $573,000 $554 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,632/month

168 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Back Yard

About This Home

As of April 2021

***SELLER HIGHLY MOTIVATED ...... North Long Beach Renovated Duplex with Huge front Yard w/ RV access and Carport. UPSTAIRS UNIT : 2 Bed 1 Bath, w/ Remodeled Kitchen, Stainless Steel appliances, Micro-hood, Range, and Dishwasher, New Cabinets and Quartz Counter Tops. New tile Flooring in Kitchen/Bathroom & Wood Floors in Bedrooms. Also, a 1 Car Garage. DOWNSTAIRS STUDIO UNIT: New Kitchen Cabinets , Tile Flooring, New Paint inside and Out. New light fixtures. New vanities and fixtures. This Unit also has Garage Converted to 1 Bedroom without Permits. DETACHED STORAGE ROOM BEHIND CARPORT. Great for Multifamily or Buyer Can Live in One and Rent Out the other Unit at Current Market Value.

Last Agent to Sell the Property

Luis Zapata

Re/Max Champions License #02076099 Listed on: 07/29/2020

Re/Max Champions

Last Buyer's Agent

Jared Nunez

Century 21 Allstars License #01961731

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,085 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,034 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Legal Lot and Block 59 / D
  • Tax Tract Number 6305
  • Assessor Parcel Number 7304010053

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $700
  • Trash Expense $2,520
  • New Taxes Expense $7,187
  • Operating Expense $13,627
  • Gross Income $42,000
  • Net Operating Income $28,373

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: LBR1N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7304010053
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 554.16

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 2520.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6085.00
  • Lot Size Acres: 0.1397

Multi Family

  • Gross Income: 42000.00
  • Gross Scheduled Income: 42000.00
  • Insurance Expense: 700.00
  • Lot Size Area: 6085.0000 Square Feet
  • Net Operating Income: 28373.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 13627.00
  • Rent Control: No
  • Total Expenses: 13627.00

Tax Info

  • New Taxes Expense: 7187.00
  • Tax Block: D
  • Tax Census Tract: 5704.03
  • Tax Lot: 59
  • Tax Tract Number: 6305

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jul 19, 2018
Sold by
Perez Erlinda and Estate Of Gus Sanders
Bought by
Nguyen Van and Nguyen Vanessa
Seller's Agent
Larry Bovshow
Trust Properties USA,Inc
Buyer's Agent
Larry Bovshow
Trust Properties USA,Inc
List Price
$450,000
Sold Price
$470,000
Premium/Discount to List
$20,000
4.44%
Current Estimated Value
$751,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,466
Avg. Annual Appreciation
6.59%
Original Mortgage
$352,500
Outstanding Balance
$304,853
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$446,613
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
Nguyen Van $470,000 Usa National Title Company I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Van $352,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2021 04/06/21 Sold $573,000 0.0% $554 / Sq Ft
04/06/2021 04/06/21 Sold $573,000 0.0% $554 / Sq Ft View Prior Sale
01/14/2021 01/14/21 Pending -- -- --
01/14/2021 01/14/21 Pending -- -- --
07/29/2020 07/29/20 For Sale $572,900 0.0% $554 / Sq Ft
07/29/2020 07/29/20 Price Changed $572,900 0.0% $554 / Sq Ft
06/11/2020 06/11/20 For Sale $572,900 0.0% $554 / Sq Ft
05/31/2020 05/31/20 Off Market $573,000 -- --
04/22/2020 04/22/20 Price Changed $572,900 -0.3% $554 / Sq Ft
03/06/2020 03/06/20 For Sale $574,900 0.0% $556 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
11/02/2019 11/02/19 Price Changed $574,900 0.0% $556 / Sq Ft
09/30/2019 09/30/19 For Sale $575,000 +22.3% $556 / Sq Ft
08/24/2018 08/24/18 Sold $470,000 +4.4% $455 / Sq Ft View Prior Sale
07/13/2018 07/13/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $450,000 -- $435 / 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 $8,342 $620,231 $403,746 $216,485
2024 $8,004 $608,071 $395,830 $212,241
2023 $7,876 $596,149 $388,069 $208,080
2022 $7,404 $584,460 $380,460 $204,000
2021 $6,212 $484,366 $278,253 $206,113
2020 $6,196 $479,400 $275,400 $204,000
2019 $6,122 $470,000 $270,000 $200,000
2018 $1,384 $86,822 $37,066 $49,756
2016 $1,273 $83,453 $35,628 $47,825
2015 $1,227 $82,200 $35,093 $47,107
2014 $1,230 $80,591 $34,406 $46,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR20141137

California Regional Multiple Listing Service (CRMLS)

APN: 7304-010-053