NOT LISTED FOR SALE

Estimated Value: $523,000 - $721,000

2 Beds
2 Baths
1,128 Sq Ft
$576/Sq Ft Est. Value

Last Sold May 23, 2012

Last sale price $202,500 $180 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $3,688/month

93 Days on Market

About This Home

As of May 2012

Duplex In Long Beach, Investors delight, or Live in one and rent the other one. Short Sale, subject to lender final approval. This is a special Chase Short Sale it will approve fast. Property feature 2 units 1bed 1bath each unit. Garage has two rooms conversion without permits, One unit is been Rehab, the other need little repairs. Bank is asking for $210K.

Last Agent to Sell the Property

Rolando Lopez

Freedom Homes License #01791685 Listed on: 10/06/2011

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 4,912

Home Design

  • 1,128 Sq Ft Home

Parking

  • 2 Parking Spaces
  • Combination Of Materials Used In The Driveway

Additional Features

  • 4,912 Sq Ft Lot
  • No Heating

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tax Lot 218
  • Tax Tract Number 7225
  • Assessor Parcel Number 7123015014

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 7123015014
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 179.52

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Parking Features: Driveway - Combination
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4912.00
  • Lot Size Acres: 0.1130

Multi Family

  • Lot Size Area: 4912.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 4992
  • Tax Lot: 218
  • Tax Tract Number: 7225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2022
Sold by
Vargas Martin
Bought by
2022 Martin Vargas Separate Property Family T
Current Estimated Value
$649,416

Purchase Details

Closed on
Nov 9, 2017
Sold by
Vargar Martin
Bought by
Vargas Martin

Purchase Details

Closed on
Dec 14, 2011
Sold by
Castillo Rafael
Bought by
Vargas Martin and Vargas Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,875
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2005
Sold by
Castillo Carlos E
Bought by
Castillo Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
7.02%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 24, 2003
Sold by
Wagner Richard Allen
Bought by
Wagner Richard Allen and Wagner Nancy Jane

Purchase Details

Closed on
Oct 3, 2002
Sold by
Wagner Richard A
Bought by
Castillo Carlos E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.99%

Purchase Details

Closed on
Jul 21, 2000
Sold by
Wagner Richard A
Bought by
Wagner Richard Allen

Purchase Details

Closed on
Oct 2, 1995
Sold by
Prudential Home Mtg Company Inc
Bought by
Hud
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
2022 Martin Vargas Separate Property Family T -- --
Vargas Martin -- None Available
Vargas Martin $202,500 Ortc
Castillo Rafael -- First American Title Co La
Castillo Rafael -- First American Title Co La
Wagner Richard Allen -- --
Castillo Carlos E $215,000 First American Title Co
Wagner Richard Allen -- --
Hud -- American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vargas Martin $151,875
Previous Owner Castillo Rafael $372,000
Previous Owner Castillo Carlos E $172,000
Closed Castillo Carlos E $43,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2012 05/23/12 Sold $202,500 +12.5% $180 / Sq Ft
01/07/2012 01/07/12 Pending -- -- --
10/06/2011 10/06/11 For Sale $180,000 -- $160 / 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 $3,503 $254,338 $188,401 $65,937
2024 $3,503 $249,352 $184,707 $64,645
2023 $3,442 $244,464 $181,086 $63,378
2022 $3,238 $239,672 $177,536 $62,136
2021 $3,167 $234,973 $174,055 $60,918
2019 $3,123 $228,006 $168,894 $59,112
2018 $3,008 $223,536 $165,583 $57,953
2017 $50 $219,154 $162,337 $56,817
2016 $2,770 $214,857 $159,154 $55,703
2015 $2,663 $211,631 $156,764 $54,867
2014 $2,654 $207,487 $153,694 $53,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1106146

California Regional Multiple Listing Service (CRMLS)

APN: 7123-015-014