NOT LISTED FOR SALE

2016 Linden Ave Long Beach, CA 90806

Sunrise Neighborhood

Estimated Value: $800,000 - $1,043,000

5 Beds
2 Baths
1,603 Sq Ft
$566/Sq Ft Est. Value

Last Sold August 19, 2019

Last sale price $655,000 $409 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,524/month

13 Days on Market

About This Home

As of August 2019

Turn key property!! Ready for its new owner! 13 minute drive to Cal State Long Beach. This beautiful home will be fully remodeled. Centrally located, minutes away from shopping centers and schools.

Last Agent to Sell the Property

HECNIEL CAMARGAN

eXp Realty of California Inc. License #02061445 Listed on: 06/14/2019

eXp Realty of California Inc.

Last Buyer's Agent

HECNIEL CAMARGAN

eXp Realty of California Inc. License #02061445 Listed on: 06/14/2019

eXp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5,398 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • 1,603 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 7209001026

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $80
  • Fuel Expense $40
  • Insurance Expense $100
  • Trash Expense $40
  • Water Sewer Expense $30
  • Gross Income $4,800
  • Net Operating Income $3,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 30.00
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7209001026
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 408.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 40.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5398.00
  • Lot Size Acres: 0.1239

Multi Family

  • Electric Expense: 80.00
  • Fuel Expense: 40.00
  • Gross Income: 4800.00
  • Gross Scheduled Income: 4000.00
  • Insurance Expense: 100.00
  • Lot Size Area: 5398.0000 Square Feet
  • Net Operating Income: 3000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1000.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5732.02
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Aug 8, 2019
Sold by
Companion Homes Llc
Bought by
Olson Eric G and Olson Bo Z
Seller's Agent
HECNIEL CAMARGAN
eXp Realty of California Inc.
Buyer's Agent
HECNIEL CAMARGAN
eXp Realty of California Inc.
List Price
$649,000
Sold Price
$655,000
Premium/Discount to List
$6,000
0.92%
Current Estimated Value
$907,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,773
Avg. Annual Appreciation
5.27%
Original Mortgage
$491,250
Outstanding Balance
$430,244
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$477,529

Purchase Details

Closed on
Nov 20, 2018
Sold by
Baron Ricardo and Baron Rosa M
Bought by
Companion Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2017
Sold by
Baron
Bought by
Baron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.94%

Purchase Details

Closed on
Oct 12, 2010
Sold by
Bolanos Rafael and Bolanos Margarita
Bought by
Baron Ricardo and Baron Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,450
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2007
Sold by
Bolanos Rafael
Bought by
Bolanos Rafael and Bolanos Margarita

Purchase Details

Closed on
Mar 4, 2002
Sold by
Bolanos Isidro
Bought by
Bolanos Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,744
Interest Rate
6.84%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Olson Eric G $655,000 Fidelity National Title
Companion Homes Llc $425,000 Pacific Coast Title Company
Baron -- --
Baron Ricardo $193,000 Usa National Title Co
Bolanos Rafael -- Gateway Title Co Burbank
Bolanos Rafael $146,000 South Coast Title
Bolanos Rafael -- South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Eric G $491,250
Previous Owner Companion Homes Llc $200,000
Previous Owner Baron --
Previous Owner Baron Ricardo $144,450
Previous Owner Bolanos Rafael $143,744
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2019 08/19/19 Sold $655,000 +0.9% $409 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $649,000 -- $405 / 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 $9,211 $716,334 $382,774 $333,560
2024 $9,211 $702,289 $375,269 $327,020
2023 $9,058 $688,519 $367,911 $320,608
2022 $8,505 $675,020 $360,698 $314,322
2021 $8,337 $661,785 $353,626 $308,159
2020 $8,316 $655,000 $350,000 $305,000
2019 $6,983 $540,000 $250,000 $290,000
2018 $2,963 $217,310 $146,376 $70,934
2017 $2,932 $213,050 $143,506 $69,544
2016 $2,723 $208,874 $140,693 $68,181
2015 $2,619 $205,737 $138,580 $67,157
2014 $2,611 $201,708 $135,866 $65,842
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2019

    HECNIEL CAMARGAN

    eXp Realty of California Inc.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19141119

California Regional Multiple Listing Service (CRMLS)

APN: 7209-001-026

California Los Angeles County Long Beach 90806 Sunrise

2016 Linden Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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