NOT LISTED FOR SALE

Estimated Value: $734,000 - $970,000

4 Beds
2 Baths
1,452 Sq Ft
$575/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $520,000 $358 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,100/month

11 Days on Market

About This Home

As of August 2017

This property is great for first time buyers who want to own a home and have a tenant help with the monthly payment. The front unit has three bedrooms, 2 bathrooms, and a dining room. The back unit is above the garage with 1 bedroom and 1 bathroom. The property includes 2 lots which have a lot of room and plenty of parking in the driveway.

Last Agent to Sell the Property

Octavio Aguirre

Realty One Group Homelink License #01373124 Listed on: 07/01/2017

Realty One Group Homelink

Co-Listed By

Rebecca Cervantes

Realty One Group Homelink License #01974456

Last Buyer's Agent

Channy Chor

JohnHart Real Estate License #01836138

JohnHart Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 6,794 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • 1,452 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 94
  • Tax Tract Number 6083
  • Assessor Parcel Number 7119014029

Community Details

Overview

  • 2 Buildings

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7119014029
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 358.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6794.00

Multi Family

  • Gross Income: 33600.00
  • Gross Scheduled Income: 33600.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5705.02
  • Tax Lot: 94
  • Tax Tract Number: 6083

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2022
Sold by
Vavanthan Tey
Bought by
Vu John T
Current Estimated Value
$835,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$593,155
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$242,371

Purchase Details

Closed on
Dec 24, 2019
Sold by
Tey Vavanthan and Blain Kunvecheada
Bought by
Tey Vavanthan and Blain Kunvecheada

Purchase Details

Closed on
Nov 21, 2018
Sold by
Tey Vavanthan
Bought by
Tey Vavanthan and Blain Kunvecheada

Purchase Details

Listed on
Jul 1, 2017
Closed on
Jul 11, 2017
Sold by
Guerrero Demesio and Guerrero Aida M
Bought by
Tey Vavanthan
Seller's Agent
Octavio Aguirre
Realty One Group Homelink
Buyer's Agent
Channy Chor
JohnHart Real Estate
List Price
$512,000
Sold Price
$520,000
Premium/Discount to List
$8,000
1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%

Purchase Details

Closed on
Oct 25, 2005
Sold by
Guerrero Aida M and Guerrero Demesio
Bought by
Guerrero Demesio and Guerrero Aida M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 7, 1997
Sold by
Day Stephen B and Ringer George D
Bought by
Thomas Lawrence Rene and Thomas Sandra C

Purchase Details

Closed on
Aug 14, 1996
Sold by
Eqpur Corp
Bought by
Day Stephen B and Ringer George D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
8.3%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 1996
Sold by
Wolfe William A
Bought by
Eqpur Corp

Purchase Details

Closed on
Dec 22, 1995
Sold by
Christensen Coralee Virginia and Howard Coralee V
Bought by
Wolfe William A
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
Vu John T $800,000 Fidelity National Title
Tey Vavanthan -- None Available
Tey Vavanthan -- None Available
Tey Vavanthan $520,000 None Available
Guerrero Demesio -- Gateway Title Company
Thomas Lawrence Rene -- Continental Title
Day Stephen B $80,000 Continental Lawyers Title Co
Day Stephen B -- Continental Lawyers Title Co
Eqpur Corp -- --
Wolfe William A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vu John T $640,000
Previous Owner Guerrero Demesio $120,000
Previous Owner Day Stephen B $151,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2017 08/04/17 Sold $520,000 +1.6% $358 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
07/01/2017 07/01/17 For Sale $512,000 -- $353 / 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 $8,678 $673,866 $355,504 $318,362
2024 $8,678 $660,654 $348,534 $312,120
2023 $8,533 $647,700 $341,700 $306,000
2022 $5,753 $444,962 $230,523 $214,439
2021 $5,636 $436,238 $226,003 $210,235
2019 $5,556 $423,300 $219,300 $204,000
2018 $5,762 $415,000 $215,000 $200,000
2016 $2,589 $197,287 $89,096 $108,191
2015 $2,491 $194,324 $87,758 $106,566
2014 $2,485 $190,518 $86,039 $104,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17149680

California Regional Multiple Listing Service (CRMLS)

APN: 7119-014-029