NOT LISTED FOR SALE

Estimated Value: $731,000 - $985,000

4 Beds
3 Baths
1,877 Sq Ft
$439/Sq Ft Est. Value

Last Sold February 01, 2013

Last sale price $255,000 $136 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $4,952/month

30 Days on Market

About This Home

As of February 2013

This property has 2 units, a 3 bed 2 bath, and 1 bed 1 bath, very nice property in a very wonderful area of Long Beach. there are 2 buildings, one story, live in the big house and rent the other to get help with the payments.

Last Agent to Sell the Property

Martin Soto

Guadalajara Realty License #01029069 Listed on: 07/13/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,499

Parking

  • 2 Parking Spaces

Home Design

  • 1,877 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • 6,499 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 3651
  • Assessor Parcel Number 7260020016

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $85
  • Water Sewer Expense $85
  • New Taxes Expense $3,125
  • Gross Income $3,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Water Sewer Expenses: 85.00
  • Property Type: Residential Income
  • Parcel Number: 7260020016
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 135.86

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 85.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6499.00
  • Lot Size Acres: 0.1490

Multi Family

  • Gross Income: 3000.00
  • Gross Multiplier: 6.81
  • Gross Scheduled Income: 36000.00
  • Lot Size Area: 6499.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 3125.00
  • Tax Area: 5500
  • Tax Lot: 6
  • Tax Tract Number: 3651

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2015
Sold by
Chan Jorge W
Bought by
Jorge & Jessica Chan Family Trust
Current Estimated Value
$841,151

Purchase Details

Closed on
Jul 23, 2014
Sold by
Chan Jessica S
Bought by
Chan Jorge W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Outstanding Balance
$233,185
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$590,705

Purchase Details

Closed on
Jul 14, 2014
Sold by
Ottiniano George A and Ottiniano Elaine F
Bought by
Chan Jorge W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Outstanding Balance
$233,185
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$590,705

Purchase Details

Closed on
Aug 9, 2012
Sold by
Herrera Giorgio and Herrera Maria N
Bought by
Ottiniano George A and Ottiniano Elaine F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2004
Sold by
Herrera Maria N
Bought by
Herrera Giorgio and Herrera Maria N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
1.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2002
Sold by
Herrera Giorgio
Bought by
Herrera Maria N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.09%

Purchase Details

Closed on
Mar 26, 2000
Sold by
Hud
Bought by
Herrera Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,149
Interest Rate
8.22%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 1999
Sold by
Principal Residential Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Apr 26, 1999
Sold by
Talamantes Dolores and Navarro Petra
Bought by
Principal Residential Mtg Inc

Purchase Details

Closed on
Aug 15, 1997
Sold by
Mendoza Alisia
Bought by
Delgado Gregorio and Delgado Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,669
Interest Rate
7.49%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 1997
Sold by
Delgado Gregorio and Delgado Irene
Bought by
Talamantes Dolores and Navarro Petra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,669
Interest Rate
7.49%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 1995
Sold by
Delgado Diana
Bought by
Delgado Gregorio and Delgado Irene

Purchase Details

Closed on
Jul 14, 1994
Sold by
Byers Linda
Bought by
Byers Mickey B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,881
Interest Rate
8.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 1994
Sold by
Byers Mickey B
Bought by
Delgado Diana and Mendoza Alisia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,881
Interest Rate
8.8%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jorge & Jessica Chan Family Trust -- None Available
Chan Jorge W -- Lawyers Title
Chan Jorge W $410,000 Lawyers Title
Ottiniano George A $270,000 Ticor Title Company
Herrera Giorgio -- Orange Coast Title Of Los An
Herrera Maria N -- Investors Title Company
Herrera Maria $104,000 Stewart Title
Hud -- Continental Title
Principal Residential Mtg Inc $117,928 Lawyers Title Company
Delgado Gregorio -- Investors Title Company
Talamantes Dolores $108,000 Investors Title Company
Delgado Gregorio -- --
Byers Mickey B -- First American Title Company
Delgado Diana $72,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Jorge W $307,500
Previous Owner Ottiniano George A $202,500
Previous Owner Herrera Giorgio $263,000
Previous Owner Herrera Maria N $240,000
Previous Owner Herrera Maria $103,149
Previous Owner Talamantes Dolores $107,669
Previous Owner Delgado Diana $71,881
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2013 02/01/13 Sold $255,000 +4.1% $136 / Sq Ft
08/12/2012 08/12/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $245,000 -- $131 / 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 $6,542 $492,748 $300,457 $192,291
2024 $6,542 $483,087 $294,566 $188,521
2023 $6,433 $473,616 $288,791 $184,825
2022 $6,049 $464,330 $283,129 $181,201
2021 $5,925 $455,227 $277,578 $177,649
2020 $5,909 $450,560 $274,732 $175,828
2019 $5,841 $441,727 $269,346 $172,381
2018 $5,588 $433,066 $264,065 $169,001
2016 $5,138 $416,252 $253,812 $162,440
2015 $4,934 $410,000 $250,000 $160,000
2014 $3,419 $271,225 $170,771 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1203887

California Regional Multiple Listing Service (CRMLS)

APN: 7260-020-016