NOT LISTED FOR SALE

Estimated Value: $833,271 - $861,000

5 Beds
3 Baths
1,980 Sq Ft
$426/Sq Ft Est. Value

Sale Details

Date Sold: February 25, 2015

Last sale price $435,000 $220 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,307 / mo

18 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Contemporary Architecture
  • Living Room
  • Long Beach Polytechnic High School Rated A
  • Main Floor Bedroom
  • Laundry Facilities

About This Home

As of February 2015

WOW-WOW-WOW--Standard Sale--A Gem for sale in the heart of Long Beach. (Separate Meters) Location! Location! Location! Look no further. 2 UNITS. Live in one and rent the other! Walking distance to shops and restaurants, public transportation, parks, schools and a few minutes drive to Downtown Long Beach & more.... The newly refurbished front unit has 3 large bedrooms and 2 baths and has been completely remodeled. The back unit is a 2 bedroom and 1 bath it features new laminate wood flooring throughout each unit. New tile flooring and new cabinets and granite counter tops in the kitchen. An open floor plan. Spacious, Spacious, Spacious bedrooms have new carpet and base boards. The exterior has new stucco.

Last Agent to Sell the Property

Mark Perez

Circle Real Estate License #01279393 Listed on: 01/03/2015

Circle Real Estate

Last Buyer's Agent

John Zimmerman

Re/Max R. E. Specialists License #01052025

Re/Max R. E. Specialists

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 5,332 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Contemporary Architecture
  • Turnkey
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,980 Sq Ft Home
  • Living Room
  • Laminate Flooring
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • 3 Bathrooms

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 2339
  • Assessor Parcel Number 7208007018

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $500
  • Maintenance Expense $350
  • Trash Expense $150
  • Water Sewer Expense $2,000
  • Net Operating Income $31,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

5,332 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Water Sewer Expenses: 2000.00
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 500.00
  • Parcel Number: 7208007018
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Fireplace Features: Master Bedroom
  • Levels: One
  • Price Per Square Foot: 219.70
  • Room Type: Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Trash Expense: 150.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5332.00
  • Lot Size Acres: 0.1220

Multi Family

  • Gross Scheduled Income: 34200.00
  • Lot Size Area: 5332.0000 Square Feet
  • Maintenance Expense: 350.00
  • Net Operating Income: 31200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3000.00
  • Rent Control: No

Tax Info

  • Tax Lot: 19
  • Tax Tract Number: 2339
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2017
Sold by
Jung Paul and Jung Irene
Bought by
Current Estimated Value
$857,024

Purchase Details

Listed on
Jan 3, 2015
Closed on
Jan 21, 2015
Sold by
Coast Equity Partners Llc
Bought by
Jung Paul and Jung Irene
Seller's Agent
Mark Perez
Circle Real Estate
Buyer's Agent
John Zimmerman
Re/Max R. E. Specialists
List Price
$425,000
Sold Price
$435,000
Premium/Discount to List
$10,000
2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$326,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 16, 2013
Closed on
Sep 8, 2014
Sold by
Allums Gloria Dean and Estate Of Eddie J Allums
Bought by
Coast Equity Partners Llc
Seller's Agent
Frederick Howard
Keller Williams Realty
Buyer's Agent
Frederick Howard
Keller Williams Realty
List Price
$426,900
Sold Price
$342,000
Premium/Discount to List
-$84,900
-19.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.31%
Original Mortgage
$305,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2012
Sold by
Allums Eddie J
Bought by
Allums Gloria

Purchase Details

Closed on
Jan 28, 2004
Sold by
Proper Allums Eddie J and Proper Eddie J Allums Separate
Bought by
Allums Eddie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 1999
Sold by
Allums Eddie J
Bought by
Proper Allums Eddie J and Proper Eddie J Allums Separate
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Sunrise, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Jung Paul $435,000 Chicago Title Company
Coast Equity Partners Llc $342,000 Chicago Title Company
Allums Gloria -- None Available
Allums Eddie J -- New Century Title Co Orange
Proper Allums Eddie J -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $326,250
Previous Owner Coast Equity Partners Llc $305,000
Previous Owner Allums Eddie J $544,185
Previous Owner Allums Eddie J $213,500
Previous Owner Allums Eddie J $170,317
Previous Owner Allums Eddie J $115,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2015 02/25/15 Sold $435,000 +2.4% $220 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
01/03/2015 01/03/15 For Sale $425,000 +24.3% $215 / Sq Ft
09/24/2014 09/24/14 Sold $342,000 -19.9% $173 / Sq Ft View Prior Sale
04/14/2014 04/14/14 Pending -- -- --
12/16/2013 12/16/13 For Sale $426,900 -- $216 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,210 $729,000 $500,000 $229,000
2025 $7,210 $522,796 $240,367 $282,429
2024 $6,891 $512,546 $235,654 $276,892
2023 $6,777 $502,497 $231,034 $271,463
2022 $6,369 $492,645 $226,504 $266,141
2021 $6,238 $482,986 $222,063 $260,923
2020 $6,222 $478,035 $219,787 $258,248
2019 $6,150 $468,663 $215,478 $253,185
2018 $5,907 $459,474 $211,253 $248,221
2016 $5,430 $441,633 $203,050 $238,583
2015 $4,167 $342,000 $150,000 $192,000
2014 $2,390 $187,937 $98,990 $88,947
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15001063

California Regional Multiple Listing Service (CRMLS)

APN: 7208-007-018

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