NOT LISTED FOR SALE

Estimated Value: $925,596 - $1,214,000

5 Beds
3 Baths
3,006 Sq Ft
$337/Sq Ft Est. Value

Sale Details

Date Sold: May 20, 2014

Last sale price $480,000 $160 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $6,252 / mo

333 Days on Market

About This Home

As of May 2014

***Price reduced***** Well maintained Triplex in prime location of Long Beach. Two units feature 1 bedroom and one bath, one unit features 3 bedrooms and 1-1/2 bath. Each unit has a car garage. This is a Probate listing and court approval is NOT necessary with an offer close to listing price.

Last Agent to Sell the Property

Liliana Vera

Summit Realty Group License #01838805 Listed on: 09/12/2013

Last Buyer's Agent

Candrus Franklin

Coldwell Banker Envision License #01714323

Coldwell Banker Envision

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 6,898 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Interior Spaces

  • 3,006 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Tax Lot 29
  • Tax Tract Number 1900
  • Assessor Parcel Number 7202043019

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $1,440
  • New Taxes Expense $6,900
  • Gross Income $3,200
  • Net Operating Income $36,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

6,898 Sq Ft Lot

Parking

3

Listing Details

  • Ad Number: 909 455 6095
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 7202043019
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 159.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1440.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6898.00
  • Lot Size Acres: 0.1580

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Gross Income: 3200.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6898.0000 Square Feet
  • Net Operating Income: 36400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 2000.00
  • Rent Control: No
  • Total Actual Rent: 3200.00

Tax Info

  • New Taxes Expense: 6900.00
  • Tax Lot: 29
  • Tax Tract Number: 1900
  • Tax Year: 2012

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

Listed on
Sep 12, 2013
Closed on
Apr 9, 2014
Sold by
Bought by
Seller's Agent
Liliana Vera
Summit Realty Group
Buyer's Agent
Candrus Franklin
Coldwell Banker Envision
List Price
$600,000
Sold Price
$480,000
Premium/Discount to List
-$120,000
-20%
Current Estimated Value
$1,014,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,149
Avg. Annual Appreciation
6.32%
Original Mortgage
$439,560
Outstanding Balance
$327,126
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$687,023

Purchase Details

Closed on
Jan 16, 2007
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$480,000 North American Title Company
-- None Available
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 $439,560
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
05/20/2014 05/20/14 Sold $480,000 -20.0% $160 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
05/09/2013 05/09/13 For Sale $600,000 -- $200 / 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 $8,140 $588,401 $245,166 $343,235
2024 $7,797 $576,864 $240,359 $336,505
2023 $7,664 $565,554 $235,647 $329,907
2022 $7,204 $554,466 $231,027 $323,439
2021 $7,046 $543,596 $226,498 $317,098
2020 $7,026 $538,023 $224,176 $313,847
2019 $6,944 $527,475 $219,781 $307,694
2018 $6,684 $517,133 $215,472 $301,661
2016 $6,136 $497,055 $207,106 $289,949
2015 $5,893 $489,590 $203,996 $285,594
2014 $5,622 $452,043 $200,908 $251,135
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13086595

California Regional Multiple Listing Service (CRMLS)

APN: 7202-043-019

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