R
Seller's Agent in 2012
Rick Young
Young Estate Services
1956 Atlantic Ave Long Beach, CA 90806
Sunrise NeighborhoodEstimated Value: $1,011,000 - $1,178,000
4
Beds
4
Baths
3,754
Sq Ft
$291/Sq Ft
Est. Value
About This Home
As of May 2012***Standard Sale!!! ***Excellent Opportunity to Purchase a Four-Plex in a Very Nice part of Long Beach!! ***Very large square footage...County Records shows 3754 sq ft!!! ***All Units leased and Tenants recently re-signed at $875.00/month. ***All Tenants have occupied and leased for more than 5 years!!!...longest of which, more than 20 years in this building!!! ***Tenants pay for utilities except h2o & water company shows estimated average of only $172/mth! Each unit is 1 bed/1bath. Consistant income generating building...Month after Month!!! ***Short walk to Great Parks and Shopping! Property has large lot and 4 Car Garage, one for each unit. Hurry, will likely sell fast!
Last Agent to Sell the Property
Rick Young
Young Estate Services License #01818513 Listed on: 05/08/2012
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 6,027 Sq Ft Lot
Parking
- 4 Car Garage
- Carport
- Parking Available
Home Design
- 3,754 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 9
- Tax Tract Number 1
- Assessor Parcel Number 7210009009
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $960
- Water Sewer Expense $2,064
- New Taxes Expense $5,219
- Gross Income $3,500
- Net Operating Income $33,757
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 29, 2019
Sold by
Vermeulen Chris L and Vermeulen Cheryl A
Bought by
Vermeulen Chris L and Vermeulen Cheryl A
Current Estimated Value
Purchase Details
Closed on
Jul 21, 2018
Sold by
Vermeulen Chris and Vermeulen Cheryl
Bought by
Vermeulen Chris and Vermeulen Cheryl
Purchase Details
Listed on
May 8, 2012
Closed on
May 21, 2012
Sold by
Phoenix Realty Investments Llc
Bought by
Vermeulen Chris and Vermeulen Cheryl
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Lorene Morgan
Fathom Realty Group Inc.
List Price
$419,000
Sold Price
$423,000
Premium/Discount to List
$4,000
0.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Purchase Details
Closed on
Mar 16, 2012
Sold by
Anderson Joseph
Bought by
Phoenix Realty Investments Llc
Purchase Details
Closed on
Mar 8, 2012
Sold by
Anderson Joseph
Bought by
Anderson Joseph and Le Ann
Purchase Details
Closed on
Dec 7, 2011
Sold by
Anderson Joseph
Bought by
Anderson Joseph and Arnold Ganine Maria
Purchase Details
Closed on
Dec 1, 2008
Sold by
Anderson Joseph Richard and The Joseph Richard Anderson Se
Bought by
Hamlin Inc
Purchase Details
Closed on
Oct 19, 2006
Sold by
Anderson Joseph
Bought by
Anderson Joseph Richard and The Joseph Richard Anderson Se
Purchase Details
Closed on
Sep 9, 2004
Sold by
Joseph Anderson Family Trust
Bought by
Anderson Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,550
Interest Rate
5.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 2002
Sold by
Anderson Joseph
Bought by
Joseph Anderson Trust
Purchase Details
Closed on
Sep 30, 1994
Sold by
Orange Dwayne M
Bought by
Anderson Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,459
Interest Rate
8.86%
Mortgage Type
Seller Take Back
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 |
|---|---|---|---|
| Vermeulen Chris L | -- | None Available | |
| Vermeulen Chris L | -- | None Available | |
| Vermeulen Chris | -- | None Available | |
| Vermeulen Chris | $423,000 | Advantage Title Inc | |
| Phoenix Realty Investments Llc | $344,648 | Advantage Title Inc | |
| Anderson Joseph | -- | None Available | |
| Anderson Joseph | -- | None Available | |
| Hamlin Inc | -- | None Available | |
| Anderson Joseph Richard | -- | None Available | |
| Anderson Joseph | -- | Landsafe Title Co | |
| Joseph Anderson Trust | -- | -- | |
| Anderson Joseph | $116,000 | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Anderson Joseph | $208,550 | |
| Previous Owner | Anderson Joseph | $25,459 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/30/2012 05/30/12 | Sold | $423,000 | +1.0% | $113 / Sq Ft |
| 05/18/2012 05/18/12 | Pending | -- | -- | -- |
| 05/08/2012 05/08/12 | For Sale | $419,000 | -- | $112 / 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 | $7,401 | $531,301 | $251,206 | $280,095 |
| 2024 | $7,401 | $520,884 | $246,281 | $274,603 |
| 2023 | $7,274 | $510,671 | $241,452 | $269,219 |
| 2022 | $6,847 | $500,659 | $236,718 | $263,941 |
| 2021 | $6,690 | $490,843 | $232,077 | $258,766 |
| 2020 | $6,671 | $485,811 | $229,698 | $256,113 |
| 2019 | $6,595 | $476,287 | $225,195 | $251,092 |
| 2018 | $6,338 | $466,949 | $220,780 | $246,169 |
| 2016 | $5,820 | $448,818 | $212,207 | $236,611 |
| 2015 | $5,597 | $442,077 | $209,020 | $233,057 |
| 2014 | $5,576 | $433,418 | $204,926 | $228,492 |
Source: Public Records
Agents Affiliated with this Home
-
-
Lorene Morgan
Buyer's Agent in 2012
Lorene Morgan
Fathom Realty Group Inc.
(562) 397-6018
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: K12058848
APN: 7210-009-009
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