T
Seller's Agent in 2013
Tracey Brandenburg
Cal RE Fund Management, Inc
(562) 338-3303
33 Total Sales
1919 Lemon Ave Long Beach, CA 90806
Sunrise NeighborhoodEstimated Value: $783,000 - $1,093,000
5
Beds
4
Baths
2,758
Sq Ft
$335/Sq Ft
Est. Value
Highlights
- No HOA
- Wall Furnace
- 1-minute walk to Martin Luther King Jr Park
- Long Beach Polytechnic High School Rated A
About This Home
As of September 2013Every unit is vacant and move in ready with new carpet and paint. The front unit has a brand new kitchen and a master suite that could also be used as a family room.
Last Agent to Sell the Property
Cal RE Fund Management, Inc License #01802947 Listed on: 07/11/2013
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1957
Lot Details
- 6,528 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- Parking Available
- Unassigned Parking
Home Design
- 2,758 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Utilities
- Wall Furnace
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 7210019036
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Building Details
- Insurance Expense $1,620
- New Taxes Expense $6,750
- Gross Income $3,350
- Net Operating Income $30,150
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 30, 2016
Sold by
Soung Jackie and Nguyen Catherine
Bought by
Soung Jackie and Nguyen Catherine Ngoc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Outstanding Balance
$349,395
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$573,381
Purchase Details
Listed on
Jul 11, 2013
Closed on
Aug 29, 2013
Sold by
Pwfg Reo Owner Llc
Bought by
Soung Jackie and Nguyen Catherine
Seller's Agent
Tracey Brandenburg
Cal RE Fund Management, Inc
Buyer's Agent
Candrus Franklin
Coldwell Banker Envision
List Price
$540,000
Sold Price
$470,000
Premium/Discount to List
-$70,000
-12.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$461,487
Interest Rate
3.25%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 13, 2012
Sold by
Covington Alan
Bought by
Pwfg Reo Owner Llc
Purchase Details
Closed on
Mar 28, 2007
Sold by
Covington Karen
Bought by
Covington Alan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
9.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 12, 2005
Sold by
Covington Hosea and Covington Marcia
Bought by
Covington Alan and Covington Karen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 23, 2005
Sold by
James Christine B and The Veda M Marshall Living Tru
Bought by
Covington Hosea and Covington Marcia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 12, 1994
Sold by
Marshall Veda Mae
Bought by
Marshall Veda M and The Veda M Marshall Living Tru
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Soung Jackie | -- | Provident Title Company | |
| Soung Jackie | $470,000 | Servicelink | |
| Pwfg Reo Owner Llc | $325,000 | Accommodation | |
| Covington Alan | -- | Old Republic Title Co O C | |
| Covington Alan | -- | Accommodation | |
| Covington Hosea | $450,000 | Progressive Title Co Inc | |
| Marshall Veda M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Soung Jackie | $437,000 | |
| Closed | Soung Jackie | $461,487 | |
| Previous Owner | Covington Alan | $535,000 | |
| Previous Owner | Covington Hosea | $360,000 | |
| Closed | Covington Hosea | $90,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/04/2013 09/04/13 | Sold | $470,000 | -13.0% | $170 / Sq Ft |
| 07/24/2013 07/24/13 | Pending | -- | -- | -- |
| 07/11/2013 07/11/13 | For Sale | $540,000 | -- | $196 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,111 | $576,142 | $245,166 | $330,976 |
| 2024 | $7,755 | $564,846 | $240,359 | $324,487 |
| 2023 | $7,624 | $553,772 | $235,647 | $318,125 |
| 2022 | $7,170 | $542,915 | $231,027 | $311,888 |
| 2021 | $7,016 | $532,271 | $226,498 | $305,773 |
| 2020 | $6,998 | $526,814 | $224,176 | $302,638 |
| 2019 | $6,918 | $516,485 | $219,781 | $296,704 |
| 2018 | $6,647 | $506,359 | $215,472 | $290,887 |
| 2016 | $6,109 | $486,699 | $207,106 | $279,593 |
| 2015 | $5,869 | $479,390 | $203,996 | $275,394 |
| 2014 | $5,840 | $470,000 | $200,000 | $270,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tracey Brandenburg
-
Candrus Franklin
Buyer's Agent in 2013
Candrus Franklin
Coldwell Banker Envision
(310) 489-9367
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW13136139
APN: 7210-019-036
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