NOT LISTED FOR SALE

1983 Lime Ave Long Beach, CA 90806

Sunrise Neighborhood

Estimated Value: $727,016 - $1,227,000

6 Beds
4 Baths
2,356 Sq Ft
$424/Sq Ft Est. Value

Sale Details

Date Sold: May 6, 2021

Last sale price $600,000 $255 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,403 / mo

6 Days on Market

About This Home

As of May 2021

Four units ready to collect rent, Good neighborhood, Live in one rent the others, owner occupied or investor.

Last Agent to Sell the Property

CARMEN SMILEY

HOMES & LAND OF CALIFORNIA License #00939472 Listed on: 01/19/2021

Last Buyer's Agent

CARMEN SMILEY

HOMES & LAND OF CALIFORNIA License #00939472 Listed on: 01/19/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 6,600 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,356 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Listing and Financial Details

  • Legal Lot and Block 4 / E
  • Tax Tract Number 5500
  • Assessor Parcel Number 7210009004

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • North Long Beach Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $250
  • Insurance Expense $1,500
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $7,500
  • Operating Expense $11,050
  • Gross Income $89,000
  • Net Operating Income $75,950

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

6,600 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7210009004
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 254.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6600.00
  • Lot Size Acres: 0.1515

Multi Family

  • Electric Expense: 250.00
  • Gross Income: 89000.00
  • Gross Scheduled Income: 87000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6600.0000 Square Feet
  • Net Operating Income: 75950.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 11050.00
  • Rent Control: No
  • Total Expenses: 11050.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Block: E
  • Tax Census Tract: 5732.02
  • Tax Lot: 4
  • Tax Tract Number: 5500

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

Closed on
Aug 28, 2007
Sold by
Bought by
Current Estimated Value
$999,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Outstanding Balance
$341,325
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$658,179

Purchase Details

Closed on
Jul 30, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Outstanding Balance
$341,325
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$658,179

Purchase Details

Closed on
Jul 25, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,945
Interest Rate
5.13%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,983
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,983
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,700
Interest Rate
7.86%

Purchase Details

Closed on
Aug 23, 2000
Sold by
Bought by

Purchase Details

Closed on
Mar 21, 2000
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,972
Interest Rate
7.16%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.58%

Purchase Details

Closed on
Jul 16, 1996
Sold by
Bought by

Purchase Details

Closed on
Apr 26, 1996
Sold by
Bought by

Purchase Details

Closed on
Mar 22, 1996
Sold by
Bought by

Purchase Details

Closed on
Sep 11, 1995
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- Old Republic Title
-- Old Republic Title
-- Ticor Title Company
-- Ticor Title Company
-- Investors Title Company
$260,000 Investors Title Company
$144,000 Benefit Land Title Company
$222,003 --
$222,003 Fidelity National Title
$215,000 Fidelity National Title Ins
$96,000 Investors Title Company
$108,000 Investors Title
-- --
-- --
-- --
$1,000 --
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 $415,000
Closed $266,945
Closed $255,983
Previous Owner $112,700
Previous Owner $207,972
Previous Owner $95,000
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
05/06/2021 05/06/21 Sold $600,000 0.0% $255 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $600,000 0.0% $255 / Sq Ft
01/20/2021 01/20/21 Off Market $600,000 -- --
01/19/2021 01/19/21 For Sale $600,000 -- $255 / 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
2025 $11,861 $865,945 $541,216 $324,729
2024 $11,357 $848,966 $530,604 $318,362
2023 $11,163 $832,320 $520,200 $312,120
2022 $10,486 $816,000 $510,000 $306,000
2021 $9,171 $707,571 $307,145 $400,426
2020 $9,147 $700,317 $303,996 $396,321
2019 $9,041 $686,586 $298,036 $388,550
2018 $8,751 $673,125 $292,193 $380,932
2016 $8,056 $646,989 $280,848 $366,141
2015 $7,738 $637,272 $276,630 $360,642
2014 $7,697 $624,790 $271,212 $353,578
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    CARMEN SMILEY

    HOMES & LAND OF CALIFORNIA

    (714) 404-4044

    12 Total Sales

    CARMEN SMILEY
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21012365

California Regional Multiple Listing Service (CRMLS)

APN: 7210-009-004

California Los Angeles County Long Beach 90806 Sunrise

1983 Lime Ave, Long Beach, CA

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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