NOT LISTED FOR SALE

Estimated Value: $1,035,000 - $1,106,901

4 Beds
2 Baths
1,536 Sq Ft
$701/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $862,000 $561 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,602/month

43 Days on Market

Highlights

  • No Units Above
  • Fireplace in Kitchen
  • No HOA
  • Bixby Elementary School Rated 9+
  • Wood Flooring
  • Laundry Room

About This Home

As of February 2022

Solid Long Beach Duplex situated in a great location and in wonderful shape!. Each unit is updated with 2 Bedroom and 1 Bath. Each has a separate garage and laundry area. Gross monthly income is $4200.00. Call today for more details!

Last Agent to Sell the Property

Daniel Hopkins

T.N.G. Real Estate Consultants License #02105900 Listed on: 11/23/2021

T.N.G. Real Estate Consultants

Last Buyer's Agent

Daniel Hopkins

T.N.G. Real Estate Consultants License #02105900 Listed on: 11/23/2021

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945 | Remodeled

Lot Details

  • 6,165 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Landscaped
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Fireplace in Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • 220 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 13163
  • Assessor Parcel Number 7218026017
  • $430 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Artcraft Manor Subdivision

Recreation

  • Bike Trail

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • Operating Expense $12,600
  • Gross Income $50,400
  • Net Operating Income $37,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1945 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Artcraft Manor (AM)
  • Water Sewer Expenses: 1.00
  • Zoning: LBR2N
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 7218026017
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Tile, Wood
  • Fireplace Features: Kitchen, Living Room, Electric, Gas
  • Levels: One
  • Price Per Square Foot: 561.20
  • Room Type: Kitchen, Laundry, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Electric: 220 Volts
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped
  • Lot Size Sq Ft: 6165.00
  • Lot Size Acres: 0.1415

Multi Family

  • Gross Income: 50400.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 1.00
  • Lot Size Area: 6165.0000 Square Feet
  • Net Operating Income: 37800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 12600.00
  • Operating Expense Percent: 25.00
  • Rent Control: No
  • Total Actual Rent: 4200.00
  • Total Expenses: 12600.00

Tax Info

  • Tax Census Tract: 5750.01
  • Tax Lot: 53
  • Tax Tract Number: 13163
  • TaxOtherAnnualAssessmentAmount: 430.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2005
Sold by
Falvey Larisa and Vermeulen Larisa
Bought by
Mueller Mary Catherine
Current Estimated Value
$1,077,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,500
Outstanding Balance
$237,767
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$838,708

Purchase Details

Closed on
May 1, 2003
Sold by
Falvey Sean D
Bought by
Vermeulen Larisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,400
Interest Rate
5.84%

Purchase Details

Closed on
Dec 14, 1999
Sold by
Trust Miller Donald D And Mary A Trs Mil
Bought by
Vermeulen Larisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,283
Interest Rate
7.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mueller Mary Catherine $635,000 --
Vermeulen Larisa -- Chicago Title Co
Vermeulen Larisa $210,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mueller Mary Catherine $444,500
Previous Owner Vermeulen Larisa $250,400
Previous Owner Vermeulen Larisa $208,283
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2022 02/07/22 Price Changed $949,900 0.0% $618 / Sq Ft
02/07/2022 02/07/22 For Sale $949,900 +10.2% $618 / Sq Ft
02/04/2022 02/04/22 Sold $862,000 -9.3% $561 / Sq Ft
11/23/2021 11/23/21 For Sale $949,900 -- $618 / 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 $11,600 $914,760 $689,785 $224,975
2024 $11,600 $896,824 $676,260 $220,564
2023 $11,407 $879,240 $663,000 $216,240
2022 $10,177 $817,712 $560,168 $257,544
2021 $9,980 $801,680 $549,185 $252,495
2019 $8,775 $690,000 $498,800 $191,200
2018 $7,763 $615,000 $444,600 $170,400
2016 $7,015 $580,000 $419,300 $160,700
2015 $6,099 $515,000 $372,300 $142,700
2014 $5,834 $485,000 $350,600 $134,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21252346

California Regional Multiple Listing Service (CRMLS)

APN: 7218-026-017