NOT LISTED FOR SALE

Estimated Value: $661,473 - $725,000

4 Beds
2 Baths
1,372 Sq Ft
$510/Sq Ft Est. Value

Last Sold May 17, 2014

Last sale price $325,000 $237 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $4,370/month

12 Days on Market

About This Home

As of May 2014

RECENTLY REMODELED 2 STAND ALONE UNITS,WITH NEW KITCHEN CABINETS,GRANITE COUNTERS,TILED BATHROOMS,ENGINEERED HARDWOOD AND TILE FLOORING,COPPER PLUMBING,QUICK ACCESS TO FREEWAYS AND PUBLIC TRANSPORTATION.

Last Agent to Sell the Property

MANUEL REYES

First Family Homes License #01351557 Listed on: 03/18/2014

Last Buyer's Agent

Amparo Gastelum

Max Real Estate License #01701696

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,288

Year Built

  • Built in 1957

Lot Details

  • 3,004 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • 1,372 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 6305
  • Assessor Parcel Number 7303015009

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $700
  • Trash Expense $240
  • Water Sewer Expense $360
  • New Taxes Expense $3,300
  • Gross Income $1,050
  • Net Operating Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,288

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 310-753-4154 CE
  • Other Phone Number: 310-753-4154
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 360.00
  • Property Type: Residential Income
  • Parcel Number: 7303015009
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 236.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 240.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3004.00
  • Lot Size Acres: 0.0690

Multi Family

  • Gross Income: 1050.00
  • Gross Scheduled Income: 15000.00
  • Insurance Expense: 700.00
  • Lot Size Area: 3004.0000 Square Feet
  • Net Operating Income: 15000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3300.00
  • Taxes Percent: 1.25
  • Tax Lot: 14
  • Tax Tract Number: 6305
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2021
Sold by
Ramirez Jack and Ramirez Jack J
Bought by
Ramirez Jack and Jack Ramirez Revocable Trust
Total Days on Market
12
Current Estimated Value
$699,868

Purchase Details

Listed on
Mar 18, 2014
Closed on
Apr 1, 2014
Sold by
Lopez Juan Antonio
Bought by
Ramirez Jack J
Seller's Agent
MANUEL REYES
First Family Homes
Buyer's Agent
Amparo Gastelum
Max Real Estate
List Price
$315,000
Sold Price
$325,000
Premium/Discount to List
$10,000
3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$243,750
Outstanding Balance
$188,247
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$511,621

Purchase Details

Closed on
Jun 23, 1999
Sold by
Federal National Mortgage Association
Bought by
Lopez Juan Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
7.4%

Purchase Details

Closed on
Oct 9, 1998
Sold by
Samaniego Jose and Samaniego Maria
Bought by
Countrywide Home Loans Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,400
Interest Rate
6.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 28, 1998
Sold by
Callaghan John
Bought by
White James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,900
Interest Rate
6.9%

Purchase Details

Closed on
Apr 9, 1998
Sold by
Samaniego Jose and Samaniego Maria
Bought by
Callaghan John

Purchase Details

Closed on
Jan 17, 1996
Sold by
Samaniego Jose and Samaniego Maria
Bought by
Samaniego Jose and Samaniego Maria

Purchase Details

Closed on
Oct 18, 1994
Sold by
Diversified Properties
Bought by
Samaniego Jose and Samaniego Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,900
Interest Rate
8%

Purchase Details

Closed on
Dec 1, 1993
Sold by
Great Western Bank Fsb
Bought by
Emc Mtg Corp
Source: Public Records

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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
Ramirez Jack -- Accommodation
Ramirez Jack J $325,000 Title 365
Lopez Juan Antonio $125,000 Chicago Title Co
Countrywide Home Loans Inc $130,000 Landsafe Title
White James -- --
Callaghan John $7,000 --
Samaniego Jose -- --
Samaniego Jose $141,000 Fidelity National Title Co
Emc Mtg Corp $95,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Jack J $243,750
Previous Owner Lopez Juan Antonio $93,700
Previous Owner Lopez Juan Antonio $50,000
Previous Owner Lopez Juan Antonio $93,600
Previous Owner White James $5,400
Previous Owner White James $8,900
Previous Owner Samaniego Jose $126,900
Closed Lopez Juan Antonio $18,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2014 05/17/14 Sold $325,000 +3.2% $237 / Sq Ft
03/30/2014 03/30/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $315,000 -- $230 / 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
2024 $5,288 $390,582 $150,223 $240,359
2023 $5,205 $382,925 $147,278 $235,647
2022 $4,899 $375,418 $144,391 $231,027
2021 $4,805 $368,058 $141,560 $226,498
2020 $4,793 $364,285 $140,109 $224,176
2019 $4,735 $357,143 $137,362 $219,781
2018 $4,568 $350,141 $134,669 $215,472
2016 $4,200 $336,547 $129,441 $207,106
2015 $4,032 $331,493 $127,497 $203,996
2014 $2,013 $156,586 $56,415 $100,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14055420

California Regional Multiple Listing Service (CRMLS)

APN: 7303-015-009