NOT LISTED FOR SALE

1961 E Plymouth St Long Beach, CA 90805

Lindbergh Neighborhood

Estimated Value: $884,183 - $997,000

3 Beds
2 Baths
2,038 Sq Ft
$453/Sq Ft Est. Value

Last Sold July 07, 2014

Last sale price $450,000 $221 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,654/month

51 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Shed
  • No HOA
  • Accessible Parking

About This Home

As of July 2014

The opportunity has arrived for investors to have presence in this part of town. This property is also perfect for buyers who want to have the ability to live in one unit and rent out the other 2 for extra income. Located in a desirable area in North Long Beach. Property needs minor repairs.

Last Agent to Sell the Property

Eber Mancia

TOP PRODUCERS REALTY PARTNERS License #01899237 Listed on: 04/17/2014

Last Buyer's Agent

Eber Mancia

TOP PRODUCERS REALTY PARTNERS License #01899237 Listed on: 04/17/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1929

Lot Details

  • 8,191 Sq Ft Lot
  • No Common Walls
  • Fence is in average condition

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,038 Sq Ft Home
  • Cosmetic Repairs Needed
  • Flat Roof Shape

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Accessible Parking
  • Shed

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 107
  • Tax Tract Number 107
  • Assessor Parcel Number 7129003022

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $180
  • Gardener Expense $660
  • Insurance Expense $1,500
  • Trash Expense $450
  • Water Sewer Expense $450
  • New Taxes Expense $3,600
  • Operating Expense $6,840
  • Gross Income $2,950
  • Net Operating Income $7,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,600

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 450.00
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 7129003022
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 220.80
  • Room Type: All Bedrooms Down

Exterior Features

  • Other Structures: Shed(s)
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Flat

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Trash Expense: 450.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 8191.00
  • Lot Size Acres: 0.1880

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Fuel Expense: 180.00
  • Gross Income: 2950.00
  • Gross Scheduled Income: 35400.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 8191.0000 Square Feet
  • Net Operating Income: 7200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 600.00
  • Other Income Description: No rent control
  • Rent Control: No
  • Total Actual Rent: 2950.00
  • Total Expenses: 6840.00

Tax Info

  • New Taxes Expense: 3600.00
  • Tax Area: 4
  • Tax Lot: 107
  • Tax Rate: 992.00
  • Tax Tract Number: 107
  • Tax Annual Amount: 3600.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2014
Closed on
Jun 12, 2014
Sold by
Price Timothy J and Price Terry Rose
Bought by
Ung Chan Thoeun
Seller's Agent
Eber Mancia
TOP PRODUCERS REALTY PARTNERS
Buyer's Agent
Eber Mancia
TOP PRODUCERS REALTY PARTNERS
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Current Estimated Value
$923,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,296
Avg. Annual Appreciation
6.68%
Original Mortgage
$346,500
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2013
Sold by
Maddens Restorations Incorporated
Bought by
Price Timothy J and Price Terry Rose

Purchase Details

Closed on
Jun 5, 2013
Sold by
Price Timothy J and Price Terry Rose
Bought by
Madden Restoration Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.48%
Mortgage Type
Unknown

Purchase Details

Closed on
May 10, 2013
Sold by
Perrin Jerome H
Bought by
Price Timothy J and Price Terry Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 31, 2008
Sold by
Price Terry Rose and The Jose Sanchez Sr Living Tru
Bought by
Perrin Jerome H

Purchase Details

Closed on
Aug 1, 2003
Sold by
Sanchez Jose
Bought by
Sanchez Jose and The Jose Sanchez Sr Living Tru

Purchase Details

Closed on
Jan 16, 2002
Sold by
Hsiung Sung Hsueh Tsu and Hsiung Sung Chih
Bought by
5365 Cherry Llc
Source: Public Records

Range of Values:

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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 Chan Thoeun $462,000 North American Title Company
Price Timothy J -- None Available
Madden Restoration Inc $225,000 Stewart Title
Price Timothy J $250,000 Old Republic Title Company
Perrin Jerome H -- None Available
Sanchez Jose -- --
5365 Cherry Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ung Chan Thoeun $258,600
Closed Ung Chan Thoeun $346,500
Closed Ung Chan Thoeun $346,500
Previous Owner Maddens Restorations Inc $216,000
Previous Owner Madden Restoration Inc $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2014 07/07/14 Sold $450,000 -5.3% $221 / Sq Ft
06/07/2014 06/07/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $475,000 -- $233 / 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 $7,478 $555,247 $302,863 $252,384
2024 $7,478 $544,361 $296,925 $247,436
2023 $7,351 $533,688 $291,103 $242,585
2022 $6,913 $523,225 $285,396 $237,829
2021 $6,770 $512,966 $279,800 $233,166
2020 $6,753 $507,707 $276,931 $230,776
2019 $6,675 $497,752 $271,501 $226,251
2018 $6,398 $487,993 $266,178 $221,815
2016 $5,889 $469,045 $255,843 $213,202
2015 $5,658 $462,000 $252,000 $210,000
2014 $4,592 $361,633 $220,998 $140,635
Source: Public Records

Agents Affiliated with this Home

  • Eber Mancia

    Seller's Agent in 2014

    Eber Mancia

    TOP PRODUCERS REALTY PARTNERS

    (626) 689-0144

    24 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14081004

California Regional Multiple Listing Service (CRMLS)

APN: 7129-003-022

California Los Angeles County Long Beach 90805 Lindbergh

1961 E Plymouth St, Long Beach, CA

This home is located at 1961 E Plymouth St, Long Beach, CA 90805 since 17 April 2014 and is currently estimated at $923,296, approximately $453 per square foot. This property was built in 1929. 1961 E Plymouth St is a home located in Los Angeles County with nearby schools including Barton Elementary School, Lindbergh STEM Academy, and Jordan High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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