NOT LISTED FOR SALE

Estimated Value: $743,000 - $810,000

3 Beds
2 Baths
1,363 Sq Ft
$564/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $395,850 $290 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,609/month

21 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Private Yard
  • Double Pane Windows
  • Wood Flooring
  • No HOA
  • Laundry Room

About This Home

As of October 2016

Great opportunity to own Long Beach Duplex. Front unit has 1 bedroom and 1 bathroom and back unit is 2 bedrooms and 1 bathroom with tile floors, retiled shower, ceiling fan, double paned windows. Large backyard and a two car garage. Long driveway with security gate. Close to freeways.

Last Agent to Sell the Property

Matt Luke

Major League Properties License #01379779 Listed on: 08/30/2016

Last Buyer's Agent

Valerie Nguyen

Capital Team Real Estate Svc License #01351600

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,199

Year Built

  • Built in 1949

Lot Details

  • 6,750 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Private Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,363 Sq Ft Home
  • Double Pane Windows
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 143
  • Tax Tract Number 6083
  • Assessor Parcel Number 7119016008

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $1,850
  • Net Operating Income $1,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,199

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7119016008
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Price Per Square Foot: 290.43
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Yard
  • Lot Size Sq Ft: 6750.00
  • Price Per Lot Square Foot: 63.84

Multi Family

  • Gross Income: 1850.00
  • Gross Scheduled Income: 1850.00
  • Net Operating Income: 1650.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 200.00
  • Other Expense Description: expenses
  • Rent Control: No

Tax Info

  • Tax Lot: 143
  • Tax Tract Number: 6083

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2021
Sold by
Carolyn Nguyen
Bought by
Nguyen Maricevic Revocable Living Trust
Current Estimated Value
$750,926

Purchase Details

Listed on
Aug 30, 2016
Closed on
Sep 26, 2016
Sold by
U S Bank National Association
Bought by
Nguyen Carolyn
Seller's Agent
Matt Luke
Major League Properties
Buyer's Agent
Valerie Nguyen
Capital Team Real Estate Svc
List Price
$430,900
Sold Price
$395,850
Premium/Discount to List
-$35,050
-8.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Jul 22, 2016
Sold by
Salinas Pedro
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 30, 2007
Sold by
Salina Claudia
Bought by
Salinas Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.13%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 29, 2007
Sold by
Pitones Noe Andrade
Bought by
Salinas Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.13%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 14, 2006
Sold by
Pitones Noe Andrade and Andrade Noe
Bought by
Pitones Noe Andrade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
11.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2003
Sold by
Dameron Edward James and Dameron Mary S
Bought by
Andrade Noe and Flores Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,859
Interest Rate
5.83%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Nguyen Maricevic Revocable Living Trust -- None Listed On Document
Nguyen Carolyn $396,000 Chicago Title Company
U S Bank National Association $524,003 Title365
Salinas Pedro -- First American Title
Salinas Pedro $500,000 First American Title
Pitones Noe Andrade -- Orange Coast Title Co
Andrade Noe -- Orange Coast Title Co
Andrade Noe $268,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salinas Pedro $100,000
Previous Owner Salinas Pedro $400,000
Previous Owner Pitones Noe Andrade $364,000
Previous Owner Andrade Noe $17,196
Previous Owner Andrade Noe $263,859
Previous Owner Dameron Edward James $130,000
Previous Owner Dameron Edward James $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2016 10/07/16 Sold $395,850 -8.1% $290 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $430,900 -- $316 / 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 $6,199 $459,353 $313,355 $145,998
2024 $6,199 $450,347 $307,211 $143,136
2023 $9,228 $693,600 $336,600 $357,000
2022 $5,617 $432,862 $295,283 $137,579
2021 $5,503 $424,376 $289,494 $134,882
2019 $5,426 $411,790 $280,908 $130,882
2018 $5,206 $403,716 $275,400 $128,316
2016 $6,766 $565,880 $339,529 $226,351
2015 $6,492 $557,380 $334,429 $222,951
2014 $6,449 $546,462 $327,878 $218,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16191704

California Regional Multiple Listing Service (CRMLS)

APN: 7119-016-008