NOT LISTED FOR SALE

229 E 59th St Long Beach, CA 90805

DeForest Park Neighborhood

Estimated Value: $786,000 - $861,000

4 Beds
2 Baths
1,768 Sq Ft
$464/Sq Ft Est. Value

Last Sold December 05, 2014

Last sale price $385,000 $218 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $4,797/month

11 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Wall Furnace

About This Home

As of December 2014

WOW!WOW!WOW!Just in time for the holidays. Spacious Duplex both 2 bed/1 bath each. Both offer great bones with hardwood floors, good size living room, bedrooms, and kitchens. Inside laundry hook ups for convenience. They may need some cosmetic upgrades, but overall good conditions. Other features include: newer dual pane windows, newer roof, copper plumbing, front and rear yards, and 2 car detached and 1 car detached garage. Property is centrally located in DeForest Park Track in NLB surrounded by parks, schools, and conveniently located near major freeways.

Last Agent to Sell the Property

tony yepez

ReMax College Park Realty License #01290066 Listed on: 10/17/2014

ReMax College Park Realty

Last Buyer's Agent

Dara Chay

Sky View Real Estate License #01217793

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 5,905 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 1,768 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 7125021013

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: North Long Beach (NLB)
  • Property Type: Residential Income
  • Parcel Number: 7125021013
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 217.76
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5905.00
  • Lot Size Acres: 0.1360

Multi Family

  • Average1 Bed Area: 900
  • Average2 Bed Area: 875
  • Lot Size Area: 5905.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2014
Closed on
Oct 28, 2014
Sold by
Benson Rita I
Bought by
Heng Henry Sokdom and Khy Brenda
Seller's Agent
tony yepez
ReMax College Park Realty
Buyer's Agent
Dara Chay
Sky View Real Estate
List Price
$375,000
Sold Price
$385,000
Premium/Discount to List
$10,000
2.67%
Current Estimated Value
$820,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,528
Avg. Annual Appreciation
7.06%
Original Mortgage
$288,750
Outstanding Balance
$219,645
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$600,883
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Heng Henry Sokdom $385,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heng Henry Sokdom $288,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2014 12/05/14 Sold $385,000 +2.7% $218 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
10/17/2014 10/17/14 For Sale $375,000 -- $212 / 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 $6,130 $462,706 $240,367 $222,339
2024 $6,130 $453,634 $235,654 $217,980
2023 $6,027 $444,740 $231,034 $213,706
2022 $5,665 $436,020 $226,504 $209,516
2021 $5,547 $427,471 $222,063 $205,408
2020 $5,533 $423,089 $219,787 $203,302
2019 $5,469 $414,794 $215,478 $199,316
2018 $5,260 $406,661 $211,253 $195,408
2016 $4,837 $390,871 $203,050 $187,821
2015 $4,645 $385,000 $200,000 $185,000
2014 $994 $65,648 $24,881 $40,767
Source: Public Records

Agents Affiliated with this Home

  • tony yepez

    Seller's Agent in 2014

    tony yepez

    RE/MAX

    (562) 712-9631

    1 in this area

    29 Total Sales

    tony yepez
    Section Image
  • Dara Chay

    Buyer's Agent in 2014

    Dara Chay

    Sky View Real Estate

    (562) 761-2777

    24 Total Sales

    Dara Chay
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14222996

California Regional Multiple Listing Service (CRMLS)

APN: 7125-021-013

California Los Angeles County Long Beach 90805 DeForest Park

229 E 59th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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.

California Regional Multiple Listing Service (CRMLS) 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