Josh Stein-Sapir
Keyes Real Estate
(562) 456-3475
137 Total Sales
1 in South Wrigley
$865,000 Price
1941 Chestnut Ave Long Beach, CA 90806
South Wrigley NeighborhoodEstimated Value: $1,200,000 - $1,339,000
9
Beds
4
Baths
3,245
Sq Ft
$393/Sq Ft
Est. Value
About This Home
As of June 2018Very Charming! Spanish style three units in South Wrigley. . Two story front building has 2/3 bedroom 1 bath units and there is a detached 3 bedroom 2 bath home with attached 2 car garage. Long term tenants with low rent. Lots of upside potential! Large gated front yard and driveway for several vehicles. Dense area with strong upside in rents. Please do not disturb tenants. Drive by only. Buyer to verify all permits, square footage, bedroom and bathroom count etc. Pro Forma rents bring this property to a 12.4 GRM! Please click on supplements link for financial info.
Last Agent to Sell the Property
24 Hour Real Estate License #01296368 Listed on: 11/06/2017
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1935
Lot Details
- 7,625 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- 3,245 Sq Ft Home
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Bathrooms
Location
- Property is near public transit
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 1
- Tax Tract Number 1
- Assessor Parcel Number 7209029014
Community Details
Overview
- 2 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $400
- Gardener Expense $720
- Insurance Expense $1,400
- Water Sewer Expense $2,544
- New Taxes Expense $11,712
- Operating Expense $16,956
- Gross Income $37,644
- Net Operating Income $37,644
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 6, 2017
Closed on
May 29, 2018
Sold by
Frousakis Gus N
Bought by
Seller's Agent
Jim Spathos
24 Hour Real Estate
Buyer's Agent
Anthony Walker
Buckingham Investments, Inc
List Price
$937,750
Sold Price
$895,000
Premium/Discount to List
-$42,750
-4.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,944
Avg. Annual Appreciation
4.39%
Original Mortgage
$853,741
Interest Rate
4.4%
Mortgage Type
VA
Purchase Details
Listed on
Sep 2, 2014
Closed on
Dec 11, 2014
Sold by
Frousakis Vicky
Bought by
Frousakis Gus N
Seller's Agent
Adrian Cafuentes
Keller Williams Beverly Hills
Buyer's Agent
Jim Spathos
24 Hour Real Estate
List Price
$450,000
Sold Price
$470,000
Premium/Discount to List
$20,000
4.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.46%
Purchase Details
Closed on
Aug 26, 2014
Sold by
Suastegui Alfredo
Bought by
Frousakis Gus N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 4, 2004
Sold by
Suastegui Alfredo and Barrera Anita Mancilla
Bought by
Suastegui Alfredo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 16, 2001
Sold by
Cabanas Arturo and Cabanas Reyna
Bought by
Suastegui Alfredo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,384
Interest Rate
7.14%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 7, 1998
Sold by
Sanchez Palemon
Bought by
Cabanas Arturo and Cabanas Reyna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.97%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 16, 1998
Sold by
Family Trust Rudolph Dewey And Sandra E Trs R
Bought by
Sanchez Palemon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.97%
Mortgage Type
Unknown
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Wrigley, CA
-
Josh Stein-Sapir
-
Shannon Daniele
Shannon Daniele
HomeSmart Realty Group
(562) 352-1142
34 Total Sales
2 in South Wrigley
$845,000 Price Range
-
Marvin Phillip
Marvin Phillip
Y Realty
(562) 740-8346
31 Total Sales
3 in South Wrigley
$865K - $900K Price Range
-
Gina Bryson
Gina Bryson
IFG Realty
(562) 620-3688
43 Total Sales
1 in South Wrigley
$580,000 Price
-
Ramon Sanchez
Ramon Sanchez
Century 21 Allstars
(562) 684-6070
170 Total Sales
2 in South Wrigley
$670,000 Price Range
-
Lynsey Russell
Lynsey Russell
Keller Williams Pacific Estate
(424) 349-4623
123 Total Sales
2 in South Wrigley
$675K - $850K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $895,000 | Old Republic Title Company | ||
| Frousakis Gus N | -- | Fidelity National Title | |
| Frousakis Gus N | $470,000 | Fidelity National Title Co | |
| Suastegui Alfredo | -- | Landsafe Title | |
| Suastegui Alfredo | -- | -- | |
| Cabanas Arturo | $215,000 | South Coast Title | |
| Sanchez Palemon | $140,000 | Continental Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $856,260 | ||
| Closed | Hess James John | $846,210 | |
| Closed | Hess James John | $856,260 | |
| Closed | Hess James John | $853,741 | |
| Previous Owner | Frousakis Gus N | $469,000 | |
| Previous Owner | Frousakis Gus N | $329,000 | |
| Previous Owner | Suastegui Alfredo | $560,000 | |
| Previous Owner | Suastegui Alfredo | $385,000 | |
| Previous Owner | Suastegui Alfredo | $216,000 | |
| Previous Owner | Cabanas Arturo | $209,384 | |
| Previous Owner | Sanchez Palemon | $35,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/04/2018 06/04/18 | Sold | $895,000 | -2.6% | $276 / Sq Ft | |
| 02/08/2018 02/08/18 | Price Changed | $919,000 | -2.0% | $283 / Sq Ft | |
| 11/06/2017 11/06/17 | For Sale | $937,750 | +99.5% | $289 / Sq Ft | |
| 12/20/2014 12/20/14 | Sold | $470,000 | +4.4% | $145 / Sq Ft | View Prior Sale |
| 09/01/2014 09/01/14 | Pending | -- | -- | -- | |
| 03/06/2014 03/06/14 | For Sale | $450,000 | -- | $139 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $13,806 | $1,038,718 | $406,202 | $632,516 |
| 2025 | $13,806 | $1,018,352 | $398,238 | $620,114 |
| 2024 | $13,192 | $998,385 | $390,430 | $607,955 |
| 2023 | $12,973 | $978,810 | $382,775 | $596,035 |
| 2022 | $12,185 | $959,619 | $375,270 | $584,349 |
| 2021 | $11,939 | $940,804 | $367,912 | $572,892 |
| 2020 | $11,908 | $931,158 | $364,140 | $567,018 |
| 2019 | $11,770 | $912,900 | $357,000 | $555,900 |
| 2018 | $6,563 | $496,443 | $264,065 | $232,378 |
| 2016 | $6,028 | $477,167 | $253,812 | $223,355 |
| 2015 | $5,793 | $470,000 | $250,000 | $220,000 |
| 2014 | $4,048 | $316,885 | $144,609 | $172,276 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Spathos
Seller's Agent in 2018
Jim Spathos
24 Hour Real Estate
(562) 400-2148
9 Total Sales
-
Anthony Walker
Buyer's Agent in 2018
Anthony Walker
Buckingham Investments, Inc
(310) 982-7055
3 in this area
87 Total Sales
-
AC
Seller's Agent in 2014
Adrian Cafuentes
Keller Williams Beverly Hills
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW17246834
APN: 7209-029-014
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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