NOT LISTED FOR SALE

2232 Argonne Ave Long Beach, CA 90815

Artcraft Manor Neighborhood

Estimated Value: $971,000 - $1,228,000

4 Beds
2 Baths
1,512 Sq Ft
$734/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $785,000 $519 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,660/month

8 Days on Market

Highlights

  • Laundry Room
  • Bixby Elementary School Rated 9+
  • Wall Furnace

About This Home

As of October 2019

clean duplex in prime area of Long Beach. Close to schools and shopping.

Last Agent to Sell the Property

Jack Cvitanich

Excel Funding Real Estate Services, Inc. License #00757461 Listed on: 09/05/2019

Last Buyer's Agent

Rob Demate

TLC Real Estate Services Inc License #01245045

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,138 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,512 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 14229
  • Assessor Parcel Number 7223006009

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $360
  • Insurance Expense $1,200
  • Maintenance Expense $600
  • Trash Expense $600
  • Water Sewer Expense $780
  • New Taxes Expense $9,687
  • Operating Expense $13,227
  • Gross Income $43,200
  • Net Operating Income $29,973

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Artcraft Manor (AM)
  • Water Sewer Expenses: 780.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7223006009
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 519.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6138.00
  • Lot Size Acres: 0.1409

Multi Family

  • Fuel Expense: 360.00
  • Gross Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6138.0000 Square Feet
  • Maintenance Expense: 600.00
  • Net Operating Income: 29973.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Operating Expense: 13227.00
  • Rent Control: No
  • Total Actual Rent: 3600.00
  • Total Expenses: 13227.00

Tax Info

  • New Taxes Expense: 9687.00
  • Tax Census Tract: 5742.02
  • Tax Lot: 9
  • Tax Tract Number: 14229

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2020
Sold by
Mccarthy Kevin and Mccarthy Debra
Bought by
Mccarthy Kevin and Mccarthy Debra
Current Estimated Value
$1,110,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Outstanding Balance
$529,144
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$581,200

Purchase Details

Closed on
Aug 13, 2020
Sold by
Mccarthy Kevin and Mccarthy Debra
Bought by
Mccarthy Kevin F and Mccarthy Debra J

Purchase Details

Listed on
Sep 5, 2019
Closed on
Sep 19, 2019
Sold by
Morales Nicole and Morales Christopher A
Bought by
Mccarthy Kevin and Mccarthy Debra
Seller's Agent
Jack Cvitanich
Excel Funding Real Estate Services, Inc.
Buyer's Agent
Rob Demate
TLC Real Estate Services Inc
List Price
$775,000
Sold Price
$785,000
Premium/Discount to List
$10,000
1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$588,750
Interest Rate
3.4%

Purchase Details

Closed on
Apr 20, 2016
Sold by
Morales Nicole
Bought by
Morales Nicole and Morales Christopher A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2011
Sold by
Cram Curtis H and Cram Diane C
Bought by
Cram Curtis H and The Cram Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
4.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 24, 2011
Sold by
Cram Curtis H and Cram Diane C
Bought by
Sigur Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
4.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 15, 2008
Sold by
Cram Curtis H
Bought by
Cram Curtis H
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
Mccarthy Kevin -- Silk Abstract Company
Mccarthy Kevin F -- None Available
Mccarthy Kevin $785,000 Fidelity National Title
Morales Nicole -- Wfg National Title
Cram Curtis H -- Ticor Title
Sigur Nicole $425,000 Ticor Title
Cram Curtis H -- None Available
Cram Curtis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy Kevin $596,000
Closed Mccarthy Kevin $588,750
Previous Owner Morales Nicole $371,000
Previous Owner Sigur Nicole $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2019 10/18/19 Sold $785,000 0.0% $519 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
09/09/2019 09/09/19 Price Changed $785,000 +1.3% $519 / Sq Ft
09/05/2019 09/05/19 For Sale $775,000 -- $513 / 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 $10,933 $858,506 $596,034 $262,472
2024 $10,933 $841,674 $584,348 $257,326
2023 $10,751 $825,172 $572,891 $252,281
2022 $10,086 $808,993 $561,658 $247,335
2021 $9,891 $793,132 $550,646 $242,486
2020 $9,864 $785,000 $545,000 $240,000
2019 $6,343 $488,108 $344,548 $143,560
2018 $6,127 $478,539 $337,793 $140,746
2016 $5,635 $459,959 $324,677 $135,282
2015 $5,410 $453,051 $319,801 $133,250
2014 $5,376 $444,177 $313,537 $130,640
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jack Cvitanich

    Excel Funding Real Estate Services, Inc.

    (310) 784-2828

    9 Total Sales

    Jack Cvitanich
    Section Image

  • R

    Buyer's Agent in 2019

    Rob Demate

    TLC Real Estate Services Inc

    (714) 809-6076

    8 Total Sales

    Rob Demate
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19212284

California Regional Multiple Listing Service (CRMLS)

APN: 7223-006-009

California Los Angeles County Long Beach 90815 Artcraft Manor

2232 Argonne Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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