NOT LISTED FOR SALE

2421 Termino Ave Long Beach, CA 90815

Artcraft Manor Neighborhood

Estimated Value: $965,209 - $1,129,000

4 Beds
2 Baths
1,536 Sq Ft
$701/Sq Ft Est. Value

Sale Details

Date Sold: March 30, 2016

Last sale price $625,000 $407 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,634 / mo

11 Days on Market

Highlights

  • Private Yard
  • Paved or Partially Paved Lot
  • 1-Story Property
  • Stanford Middle School Rated A-

About This Home

As of March 2016

Very nice updated 2 unit in prime location. Current owner lived in the property and did extensive updating to rear unit and did work on the outside also. Owner upgraded the plumbing and electrical. Hardwood floors in the front and rear units. Rear unit has dual pane windows and forced air gas heating. Rear unit has very nice patio area between the unit and the garage. All units currently rented. The property is in overall very nice condition. This would be ideal for an owner occupied situation. This will be part of an exchange but that will not hold up closing.

Last Agent to Sell the Property

Marty Stone

BUCKINGHAM INVESTMENTS License #00416755 Listed on: 02/04/2016

Last Buyer's Agent

Gantry Wilson

Real Broker License #01412779

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 6,056 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Paved or Partially Paved Lot
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 59
  • Tax Tract Number 11451
  • Assessor Parcel Number 7218003015

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $950
  • Water Sewer Expense $1,200
  • New Taxes Expense $6,250
  • Gross Income $3,115
  • Net Operating Income $29,980

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

6,056 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Subdivision Name Other: Artcraft Manor (AM)
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 7218003015
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 406.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Paved, Yard
  • Lot Size Sq Ft: 6056.00
  • Price Per Lot Square Foot: 103.20
  • Lot Size Acres: 0.1390

Multi Family

  • Gross Income: 3115.00
  • Gross Scheduled Income: 37380.00
  • Insurance Expense: 950.00
  • Lot Size Area: 6056.0000 Square Feet
  • Net Operating Income: 29980.00
  • 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: 8400.00
  • Rent Control: No
  • Total Actual Rent: 3115.00

Tax Info

  • New Taxes Expense: 6250.00
  • Tax Lot: 59
  • Tax Tract Number: 11451

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
Oct 8, 2019
Sold by
Bought by
Current Estimated Value
$1,077,302

Purchase Details

Listed on
Feb 4, 2016
Closed on
Feb 25, 2016
Sold by
Bought by
Seller's Agent
Marty Stone
BUCKINGHAM INVESTMENTS
Buyer's Agent
Gantry Wilson
Real Broker
List Price
$625,000
Sold Price
$625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$468,750
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.88%
Mortgage Type
Seller Take Back
Source: Public Records

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Available
$625,000 Progressive Title Company
$220,000 Continental Title
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 $468,750
Previous Owner $176,000
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
03/30/2016 03/30/16 Sold $625,000 0.0% $407 / Sq Ft
02/15/2016 02/15/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $625,000 -- $407 / 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
2025 $9,927 $739,865 $485,353 $254,512
2024 $9,505 $725,359 $475,837 $249,522
2023 $9,347 $711,137 $466,507 $244,630
2022 $8,776 $697,194 $457,360 $239,834
2021 $8,605 $683,525 $448,393 $235,132
2019 $8,483 $663,254 $435,095 $228,159
2018 $8,189 $650,250 $426,564 $223,686
2016 $3,677 $291,330 $146,990 $144,340
2015 $3,533 $286,955 $144,783 $142,172
2014 $3,517 $281,335 $141,947 $139,388
Source: Public Records

Agents Affiliated with this Home

  • Marty Stone

    Seller's Agent in 2016

    Marty Stone

    BUCKINGHAM INVESTMENTS

    (310) 322-9763

    6 Total Sales

    Marty Stone
    Section Image
  • Gantry Wilson

    Buyer's Agent in 2016

    Gantry Wilson

    Real Broker

    (714) 500-7889

    72 Total Sales

    Gantry Wilson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN16024293

California Regional Multiple Listing Service (CRMLS)

APN: 7218-003-015

California Los Angeles County Long Beach 90815 Artcraft Manor

2421 Termino Ave, Long Beach, CA

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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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