Seller's Agent in 2014
Jeff Anderson
eXp Realty of California Inc
(562) 784-5241
1 in this area
309 Total Sales
2240 Magnolia Ave Long Beach, CA 90806
South Wrigley NeighborhoodEstimated Value: $991,000 - $1,033,714
5
Beds
4
Baths
2,660
Sq Ft
$381/Sq Ft
Est. Value
Highlights
- Double Pane Windows
- Laundry Room
- Ceiling Fan
- Cooling Available
- Central Heating
- Carpet
About This Home
As of May 2014We are pleased to present to you 2240 Magnolia Avenue, a spacious triplex comprised of a front owner’s unit and separate rental building in the rear. The front owner’s unit is a Spanish style home with period interior architectural details throughout. The layout lends itself to entertaining; the massive living room with large picture windows flows easily through the archway to formal dining room. The spacious kitchen cries out for large scale dinner preparation; there is plenty of counter space, cabinets, and an in-kitchen eating area. The bathroom has been updated with a rich mahogany toned vanity and updated lighting. The separate rental building is an efficient use of space with two one bedroom, one bath units over the garages and laundry area. Each of the rentals is a larger unit with formal dining room, living room, and spacious bedroom. Some of the updating has been done for you; one of the kitchens is remodeled with newer cabinetry and counters. The bones of this triplex are solid; the roofs on both the front home and rental were recently replaced. Other key points for an investor are the additional off street parking, separate electric, gas and water meters and the bonus living space on the first floor of the rental building.
Last Agent to Sell the Property
eXp Realty of California Inc License #01729514 Listed on: 03/17/2014
Last Buyer's Agent
Maria Luna
Onyx Realty & Finc. Serv., Inc License #01940804
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,789
Year Built
- Built in 1932
Lot Details
- 6,501 Sq Ft Lot
- No Common Walls
Parking
- 2 Car Garage
- Parking Available
- Rear-Facing Garage
Interior Spaces
- 2,660 Sq Ft Home
- Ceiling Fan
- Double Pane Windows
- Window Bars
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Utilities
- Cooling Available
- Central Heating
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection, water
- Tax Lot 7
- Assessor Parcel Number 7205024007
Community Details
Overview
- 2 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 2 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $1,000
- Gardener Expense $600
- Insurance Expense $988
- Water Sewer Expense $800
- New Taxes Expense $1,300
- Net Operating Income $47,512
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2014
Closed on
Apr 28, 2014
Sold by
Senske Frances and Russell Wilma
Bought by
Vasquez Jesus G and Vasquez Margarita
Seller's Agent
Jeff Anderson
eXp Realty of California Inc
Buyer's Agent
Maria Luna
Onyx Realty & Finc. Serv., Inc
List Price
$569,900
Sold Price
$540,000
Premium/Discount to List
-$29,900
-5.25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,179
Avg. Annual Appreciation
5.66%
Original Mortgage
$540,000
Outstanding Balance
$409,998
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$602,181
Purchase Details
Closed on
Nov 17, 2003
Sold by
Bunyan Frank and Bunyan Sarah M
Bought by
Bunyan Frank and Bunyan Sarah M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vasquez Jesus G | $540,000 | Fidelity National Title Co | |
| Bunyan Frank | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vasquez Jesus G | $540,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/30/2014 05/30/14 | Sold | $540,000 | -5.2% | $203 / Sq Ft |
| 04/18/2014 04/18/14 | Pending | -- | -- | -- |
| 03/17/2014 03/17/14 | For Sale | $569,900 | -- | $214 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,789 | $661,956 | $245,166 | $416,790 |
| 2024 | $8,789 | $648,977 | $240,359 | $408,618 |
| 2023 | $8,641 | $636,253 | $235,647 | $400,606 |
| 2022 | $8,123 | $623,778 | $231,027 | $392,751 |
| 2021 | $7,953 | $611,548 | $226,498 | $385,050 |
| 2020 | $7,932 | $605,478 | $224,176 | $381,302 |
| 2019 | $7,841 | $593,611 | $219,781 | $373,830 |
| 2018 | $7,554 | $581,976 | $215,472 | $366,504 |
| 2016 | $6,945 | $559,187 | $207,106 | $352,081 |
| 2015 | $6,671 | $550,789 | $203,996 | $346,793 |
| 2014 | $1,419 | $88,355 | $44,379 | $43,976 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Anderson
-
Torey Carrick
Seller Co-Listing Agent in 2014
Torey Carrick
eXp Realty of California Inc
(562) 608-3690
79 Total Sales
-
M
Buyer's Agent in 2014
Maria Luna
Onyx Realty & Finc. Serv., Inc
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW14054699
APN: 7205-024-007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 2319 Magnolia Ave
- 2257 Daisy Ave
- 2219 Chestnut Ave
- 2175 Chestnut Ave
- 216 W 23rd St
- 2451 Daisy Ave
- 2146 Golden Ave
- 2210 Pine Ave
- 2451 Oregon Ave
- 2085 Oregon Ave
- 2311 Earl Ave
- 2427 Pine Ave
- 1980 Chestnut Ave
- 2044 Pacific Ave
- 1990 Cedar Ave
- 2010 Golden Ave
- 211 1/2 E Eagle St
- 2032 Pine Ave
- 1924 Cedar Ave
- 601 W 19th St
- 2232 Magnolia Ave
- 2250 Magnolia Ave
- 2252 Magnolia Ave
- 2226 Magnolia Ave
- 2256 Magnolia Ave
- 2241 Eucalyptus Ave
- 2235 Eucalyptus Ave
- 2253 Eucalyptus Ave
- 2264 Magnolia Ave
- 2223 Eucalyptus Ave
- 2259 Eucalyptus Ave
- 2245 Magnolia Ave
- 2235 Magnolia Ave
- 2210 Magnolia Ave
- 2268 Magnolia Ave
- 2219 Eucalyptus Ave
- 2267 Eucalyptus Ave
- 2255 Magnolia Ave
- 2231 Magnolia Ave
- 2227 Magnolia Ave