NOT LISTED FOR SALE

216 E 25th St Long Beach, CA 90806

Southeast Wrigley Neighborhood

Estimated Value: $1,045,000 - $1,454,000

3 Beds
2 Baths
1,768 Sq Ft
$690/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $500,000 $283 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $7,148/month

149 Days on Market

Highlights

  • Laundry Room
  • Long Beach Polytechnic High School Rated A
  • Wall Furnace

About This Home

As of March 2017

Great opportunity to own this 2 on a lot Wrigley property. Front house 2 bed 1 bath fresh paint new flooring. Back house 1 bedroom 1 bath. Both properties metered separately, each with its own garage. Metro Blue Line and Freeway close.

Last Agent to Sell the Property

Donovan Harris

Home Smart Realty Group License #01026322 Listed on: 08/29/2016

Home Smart Realty Group

Last Buyer's Agent

Donovan Harris

Home Smart Realty Group License #01026322 Listed on: 08/29/2016

Home Smart Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 6,732 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Home Design

  • 1,768 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 0123
  • Tax Tract Number 4567
  • Assessor Parcel Number 7208011004

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Wrigley Area (WR)
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7208011004
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 282.81

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6732.00
  • Price Per Lot Square Foot: 77.99

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 0123
  • Tax Tract Number: 4567

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2016
Closed on
Mar 10, 2017
Sold by
Mohajer Nilufar T
Bought by
Park Chong
Seller's Agent
Donovan Harris
Home Smart Realty Group
Buyer's Agent
Donovan Harris
Home Smart Realty Group
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$1,220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$720,000
Avg. Annual Appreciation
10.72%
Original Mortgage
$400,000
Outstanding Balance
$331,701
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$888,299

Purchase Details

Closed on
Apr 9, 2015
Sold by
Nilsha Llc
Bought by
Mohajer Nilufar Tayefe

Purchase Details

Closed on
Apr 5, 2008
Sold by
Mohajer Shahrokh
Bought by
Nilsha Llc

Purchase Details

Closed on
Feb 25, 2004
Sold by
Thiele Jan F and Thiele Romelia R
Bought by
Mohajer Shahrokh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
4.08%
Mortgage Type
Negative Amortization
Source: Public Records

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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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
Park Chong $500,000 First American Title Company
Mohajer Nilufar Tayefe -- None Available
Nilsha Llc -- None Available
Mohajer Shahrokh $380,000 Lawyers Title Company
Mohajer Shahrokh -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Chong $400,000
Previous Owner Mohajer Shahrokh $266,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $500,000 -2.9% $283 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
09/13/2016 09/13/16 Price Changed $515,000 -1.9% $291 / Sq Ft
08/29/2016 08/29/16 For Sale $525,000 -- $297 / 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 $8,841 $678,343 $290,145 $388,198
2024 $8,841 $665,043 $284,456 $380,587
2023 $8,695 $652,004 $278,879 $373,125
2022 $8,169 $639,220 $273,411 $365,809
2021 $8,001 $626,687 $268,050 $358,637
2020 $7,980 $620,262 $265,302 $354,960
2019 $6,797 $520,200 $260,100 $260,100
2018 $6,608 $510,000 $255,000 $255,000
2016 $5,485 $446,710 $203,050 $243,660
2015 $4,677 $387,592 $203,996 $183,596
2014 $4,651 $380,000 $200,000 $180,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Donovan Harris

    Home Smart Realty Group

    (562) 391-5828

    2 Total Sales

    Donovan Harris
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16194934

California Regional Multiple Listing Service (CRMLS)

APN: 7208-011-004

California Los Angeles County Long Beach 90806 Southeast Wrigley

216 E 25th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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