NOT LISTED FOR SALE

234 E Platt St Long Beach, CA 90805

Addams Neighborhood

Estimated Value: $687,000 - $863,000

4 Beds
2 Baths
1,334 Sq Ft
$554/Sq Ft Est. Value

Last Sold January 09, 2017

Last sale price $420,000 $315 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,451/month

8 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 5-minute walk to Grace Park

About This Home

As of January 2017

FHA ready duplex in Long Beach ready for owner occupant buyers. Front unit features 2 bedroom 1 bath and will be delivered vacant at the close of escrow. Unit comes with an attached one car garage. New paint and carpet throughout, stainless steel refrigerator and white tile shower surround. Excellent opportunity to leverage back unit rental income to offset monthly mortgage payments.

Last Agent to Sell the Property

John Chelius

Property Works RE, Inc. License #01936287 Listed on: 11/22/2016

Last Buyer's Agent

Craig Poturalski

Seven Gables Real Estate License #01912281

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,361

Year Built

  • Built in 1962

Lot Details

  • 3,375 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,334 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Urban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 736
  • Tax Tract Number 5134
  • Assessor Parcel Number 7131020005

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,361

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7131020005
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 314.84

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Unknown

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3375.00

Multi Family

  • Average2 Bed Area: 667 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
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5717.03
  • Tax Lot: 736
  • Tax Tract Number: 5134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2020
Sold by
Vennemeyer Paul John
Bought by
Vennemeyer Paul and The Paul Vennemeyer Revocable
Current Estimated Value
$739,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Outstanding Balance
$275,104
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$464,449

Purchase Details

Listed on
Nov 22, 2016
Closed on
Jan 4, 2017
Sold by
Colfin Ai Ca 5 Llc
Bought by
Vennemeyer Paul J
Seller's Agent
John Chelius
Property Works RE, Inc.
Buyer's Agent
Craig Poturalski
Seven Gables Real Estate
List Price
$389,000
Sold Price
$420,000
Premium/Discount to List
$31,000
7.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$315,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2012
Sold by
Oliva Selvin
Bought by
Colfin Ai Ca 5 Llc

Purchase Details

Closed on
Apr 27, 2007
Sold by
Herrera Norma
Bought by
Oliva Selvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
6.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 29, 2007
Sold by
Franco Rigoberto
Bought by
Oliva Selvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
6.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 5, 2004
Sold by
Franco Saul
Bought by
Franco Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,300
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2003
Sold by
Franco Lourdes D
Bought by
Franco Rigoberto and Franco Saul

Purchase Details

Closed on
Jun 14, 1995
Sold by
Franco Isabel
Bought by
Franco Saul

Purchase Details

Closed on
Mar 3, 1995
Sold by
Moppin Theodore
Bought by
Franco Rigoberto and Franco Lourdes D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,526
Interest Rate
7.92%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vennemeyer Paul -- Orange Coast Ttl Co Of Socal
Vennemeyer Paul John -- Orange Coast Title Company
Vennemeyer Paul J $420,000 Fidelity National Title Co
Colfin Ai Ca 5 Llc -- Fidelity Van Nuys
Oliva Selvin -- Security Union Title
Oliva Selvin $505,000 Security Union Title Ins
Franco Rigoberto -- --
Franco Saul -- --
Franco Rigoberto -- --
Franco Saul -- Continental Lawyers Title Co
Franco Rigoberto $133,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vennemeyer Paul John $310,000
Closed Vennemeyer Paul J $315,000
Previous Owner Oliva Selvin $101,000
Previous Owner Oliva Selvin $404,000
Previous Owner Franco Rigoberto $205,300
Previous Owner Franco Rigoberto $137,526
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2017 01/09/17 Sold $420,000 +8.0% $315 / Sq Ft
11/30/2016 11/30/16 Pending -- -- --
11/22/2016 11/22/16 For Sale $389,000 -- $292 / 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 $6,361 $487,440 $255,326 $232,114
2024 $6,361 $477,883 $250,320 $227,563
2023 $6,253 $468,513 $245,412 $223,101
2022 $5,873 $459,327 $240,600 $218,727
2021 $5,754 $450,322 $235,883 $214,439
2019 $5,672 $436,968 $228,888 $208,080
2018 $5,486 $428,400 $224,400 $204,000
2016 $2,934 $228,850 $124,827 $104,023
2015 $2,820 $225,413 $122,952 $102,461
2014 $2,809 $220,998 $120,544 $100,454
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    John Chelius

    Property Works RE, Inc.

    (310) 722-0360

    6 Total Sales

    John Chelius
    Section Image
  • Craig Poturalski

    Buyer's Agent in 2017

    Craig Poturalski

    Seven Gables Real Estate

    (714) 317-6752

    67 Total Sales

    Craig Poturalski
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16751730

California Regional Multiple Listing Service (CRMLS)

APN: 7131-020-005

California Los Angeles County Long Beach 90805 Addams

234 E Platt St, Long Beach, CA

This home is located at 234 E Platt St, Long Beach, CA 90805 since 22 November 2016 and is currently estimated at $739,553, approximately $554 per square foot. This property was built in 1962. 234 E Platt St is a home located in Los Angeles County with nearby schools including Jane Addams Elementary School, Jordan High School, and Gethsemane Baptist Christian School.

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

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