NOT LISTED FOR SALE

Estimated Value: $751,495 - $821,000

4 Beds
2 Baths
1,814 Sq Ft
$432/Sq Ft Est. Value

Last Sold February 03, 2012

Last sale price $270,000 $149 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $4,770/month

4 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Siding
  • No Heating

About This Home

As of February 2012

This home is located at 2119 W Arlington St, Long Beach, CA 90810 since 30 January 2012 and is currently estimated at $783,624, approximately $431 per square foot. This property was built in 1962. 2119 W Arlington St is a home located in Los Angeles County with nearby schools including Webster Elementary School, Juan Rodriguez Cabrillo High School, and Pacific Baptist School.

Last Agent to Sell the Property

Laura Roman

Boardwalk Properties License #00458210 Listed on: 01/30/2012

Last Buyer's Agent

Maria Tita Alvarez

T.N.G Real Estate Consultants License #01133811

T.N.G Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,636

Year Built

  • Built in 1962

Lot Details

  • 6,000

Parking

  • 1 Car Garage

Home Design

  • 1,814 Sq Ft Home
  • Contemporary Architecture
  • Wood Siding
  • Stucco

Additional Features

  • 6,000 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 48 / 10
  • Tax Tract Number 5224

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $3,050
  • Gross Income $2,500
  • Net Operating Income $22,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,636

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • CapRate: 8.34
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 148.84

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1380

Multi Family

  • Gross Income: 2500.00
  • Gross Multiplier: 9.00
  • Gross Scheduled Income: 30000.00
  • Lot Size Area: 6000.0000 Square Feet
  • Net Operating Income: 22500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7500.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 3050.00
  • Tax Area: 5572
  • Tax Block: 10
  • Tax Lot: 48
  • Tax Tract Number: 5224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2011
Sold by
Wells Fargo Bank N A
Bought by
Thomas Andrew
Current Estimated Value
$800,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,155
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 2011
Sold by
Mayoyo Alberto G and Mayoyo Stephanie G
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Jun 24, 2005
Sold by
Mayoyo Alberto G and Mayoyo Stephanie G
Bought by
Mayoyo Alberto G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2003
Sold by
Ramirez Juan M and Ramirez Agrifina L
Bought by
Mayoyo Alberto G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,200
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Thomas Andrew $270,000 Servicelink
Wells Fargo Bank N A $224,000 Accommodation
Mayoyo Alberto G -- Security Union Title
Mayoyo Alberto G $298,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Andrew $263,155
Previous Owner Mayoyo Alberto G $414,000
Previous Owner Mayoyo Alberto G $342,000
Previous Owner Mayoyo Alberto G $268,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2012 02/06/12 Pending -- -- --
02/03/2012 02/03/12 Sold $270,000 0.0% $149 / Sq Ft
01/30/2012 01/30/12 For Sale $269,900 -- $149 / 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 $4,636 $339,121 $188,401 $150,720
2024 $4,636 $332,472 $184,707 $147,765
2023 $4,563 $325,954 $181,086 $144,868
2022 $4,299 $319,564 $177,536 $142,028
2021 $4,211 $313,299 $174,055 $139,244
2019 $4,149 $304,009 $168,894 $135,115
2018 $3,973 $298,049 $165,583 $132,466
2016 $3,646 $286,477 $159,154 $127,323
2015 $3,494 $282,175 $156,764 $125,411
2014 $3,472 $276,649 $153,694 $122,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P811221

California Regional Multiple Listing Service (CRMLS)

APN: 7317-012-029