NOT LISTED FOR SALE

1811 Lime Ave Long Beach, CA 90806

Sunrise Neighborhood

Estimated Value: $682,000 - $847,000

5 Beds
3 Baths
1,840 Sq Ft
$420/Sq Ft Est. Value

Last Sold May 07, 2012

Last sale price $202,500 $110 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $4,346/month

250 Days on Market

Highlights

  • Bungalow
  • Wood Siding
  • Heating System Uses Natural Gas
  • Long Beach Polytechnic High School Rated A

About This Home

As of May 2012

Two seperate units. Front unit 3bed 2bath, back unit 2bed 1bath, 1-car garage detached. Cosmetic work will be required. Owner lives in the back unit; therefore, rent reflects 0.00

Last Agent to Sell the Property

Mario Espinoza

ReMax College Park Realty License #01169090 Listed on: 08/17/2011

ReMax College Park Realty

Last Buyer's Agent

Mario Espinoza

ReMax College Park Realty License #01169090 Listed on: 08/17/2011

ReMax College Park Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 5,327 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • 1,840 Sq Ft Home
  • Bungalow
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Legal Lot and Block 13 / A
  • Tax Tract Number 5732
  • Assessor Parcel Number 7210016024

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $1,200
  • Net Operating Income $12,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 6.00
  • View: No
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 7210016024
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Price Per Square Foot: 110.05

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5327.00
  • Lot Size Acres: 0.1220

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Gross Income: 1200.00
  • Gross Multiplier: 14.58
  • Gross Scheduled Income: 14400.00
  • Lot Size Area: 5327.0000 Square Feet
  • Net Operating Income: 12600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1800.00

Tax Info

  • Tax Area: 11933
  • Tax Block: A
  • Tax Lot: 13
  • Tax Tract Number: 5732

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2011
Closed on
Apr 27, 2012
Sold by
Luna Francisco J
Bought by
Ung Andy
Seller's Agent
Mario Espinoza
ReMax College Park Realty
Buyer's Agent
Mario Espinoza
ReMax College Park Realty
List Price
$265,000
Sold Price
$202,500
Premium/Discount to List
-$62,500
-23.58%
Current Estimated Value
$773,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,888
Avg. Annual Appreciation
10.28%

Purchase Details

Closed on
Aug 25, 2004
Sold by
Mackey James
Bought by
Luna Francisco J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,800
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2002
Sold by
Oconnell Ryan
Bought by
Mackey James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,400
Interest Rate
5.96%

Purchase Details

Closed on
Apr 13, 2002
Sold by
Hud
Bought by
Oconnell Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.78%

Purchase Details

Closed on
Nov 28, 2001
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Feb 23, 2001
Sold by
Mccoy Shelia
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Jun 26, 1998
Sold by
Mccoy Shelia and Mccoy Sheila
Bought by
Mccoy Shelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,146
Interest Rate
7.03%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 1998
Sold by
Nguyen Ngan
Bought by
Mccoy Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,146
Interest Rate
7.03%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 1997
Sold by
Federal National Mortgage Association
Bought by
Nguyen Ngan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,850
Interest Rate
7.45%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 30, 1997
Sold by
Givens John W and Federal National Mortgage Asso
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,850
Interest Rate
7.45%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ung Andy $202,500 None Available
Luna Francisco J $416,000 Alliance Title
Mackey James $226,000 North American Title Co
Oconnell Ryan $160,500 Stewart Title
Hud -- Landsafe Title
Chase Manhattan Mtg Corp $170,322 Landsafe Title
Mccoy Shelia -- --
Mccoy Sheila $155,000 United Title Company
Nguyen Ngan $105,000 --
Federal National Mortgage Association $94,139 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luna Francisco J $332,800
Previous Owner Mackey James $220,400
Previous Owner Oconnell Ryan $140,000
Previous Owner Mccoy Sheila $152,146
Previous Owner Nguyen Ngan $101,850
Closed Luna Francisco J $83,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2012 05/07/12 Sold $202,500 -23.6% $110 / Sq Ft
04/23/2012 04/23/12 Pending -- -- --
08/17/2011 08/17/11 For Sale $265,000 -- $144 / 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 $3,626 $254,338 $125,599 $128,739
2024 $3,626 $249,352 $123,137 $126,215
2023 $3,564 $244,464 $120,723 $123,741
2022 $3,359 $239,671 $118,356 $121,315
2021 $3,283 $234,973 $116,036 $118,937
2020 $3,275 $232,565 $114,847 $117,718
2019 $3,238 $228,006 $112,596 $115,410
2018 $3,051 $223,537 $110,389 $113,148
2017 $3,019 $219,155 $108,225 $110,930
2016 $2,802 $214,858 $106,103 $108,755
2015 $2,695 $211,632 $104,510 $107,122
2014 $2,687 $207,487 $102,463 $105,024
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mario Espinoza

    RE/MAX

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1105222

California Regional Multiple Listing Service (CRMLS)

APN: 7210-016-024

California Los Angeles County Long Beach 90806 Sunrise

1811 Lime Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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