R
Seller's Agent in 2013
Ronald Howard
Coldwell Banker Realty
2440 Termino Ave Long Beach, CA 90815
Artcraft Manor NeighborhoodEstimated Value: $990,842 - $1,126,000
5
Beds
3
Baths
1,536
Sq Ft
$684/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Contemporary Architecture
- No HOA
- Stanford Middle School Rated A-
- Wood Flooring
- No Interior Steps
About This Home
As of November 2013This property is unique in that it has a permitted bedroom off of the garage and a non-permitted adjoining bathroom which has been rented out to the rear tenant as an extra bedroom making the rear unit bring in $1950 per month. The front unit is leased They presently pay $1250 per month, plus their own utilities. The rear unit has hardwood floors, granite counter tops, and a covered patio with a fenced yard. Really a nice investment with a very high cap rate at 5.46% return for a duplex.
Last Agent to Sell the Property
Ronald Howard
Coldwell Banker Realty License #00430135 Listed on: 10/05/2013
Last Buyer's Agent
Ronald Howard
Coldwell Banker Realty License #00430135 Listed on: 10/05/2013
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1944
Lot Details
- 6,063 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 1 Car Garage
- 2 Carport Spaces
- Parking Available
- Driveway
Home Design
- Contemporary Architecture
- Property Attached
- Composition Roof
- Stucco
Interior Spaces
- 1,536 Sq Ft Home
- Ceiling Fan
- Disposal
- Laundry in unit
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- All Bedrooms Down
- 3 Bathrooms
Utilities
- Wall Furnace
- Vented Exhaust Fan
Additional Features
- No Interior Steps
- Exterior Lighting
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, HVAC maintenance
- Tax Lot 41
- Tax Tract Number 11451
- Assessor Parcel Number 7218004033
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $800
- Trash Expense $600
- New Taxes Expense $5,885
- Gross Income $3,200
- Net Operating Income $29,195
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
Listed on
Oct 5, 2013
Closed on
Oct 29, 2013
Sold by
Bought by
Seller's Agent
Ronald Howard
Coldwell Banker Realty
Buyer's Agent
Ronald Howard
Coldwell Banker Realty
List Price
$535,000
Sold Price
$507,000
Premium/Discount to List
-$28,000
-5.23%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$544,211
Avg. Annual Appreciation
5.95%
Purchase Details
Closed on
Apr 23, 2001
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
$191,750
Interest Rate
7.14%
Purchase Details
Closed on
Sep 25, 1999
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $507,000 | Old Republic Title Company | ||
| $240,000 | Southland Title Corporation | ||
| -- | -- |
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 | $191,750 | ||
| Closed | $35,900 |
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 |
|---|---|---|---|---|
| 11/09/2013 11/09/13 | Sold | $507,000 | -5.2% | $330 / Sq Ft |
| 10/18/2013 10/18/13 | Pending | -- | -- | -- |
| 10/05/2013 10/05/13 | For Sale | $535,000 | -- | $348 / 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 | $8,417 | $621,500 | $435,175 | $186,325 |
| 2024 | $8,062 | $609,315 | $426,643 | $182,672 |
| 2023 | $7,927 | $597,369 | $418,278 | $179,091 |
| 2022 | $7,446 | $585,657 | $410,077 | $175,580 |
| 2021 | $7,298 | $574,175 | $402,037 | $172,138 |
| 2019 | $7,195 | $557,146 | $390,113 | $167,033 |
| 2018 | $6,933 | $546,222 | $382,464 | $163,758 |
| 2016 | $6,379 | $525,013 | $367,613 | $157,400 |
| 2015 | $6,122 | $517,128 | $362,092 | $155,036 |
| 2014 | $6,083 | $507,000 | $355,000 | $152,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW13203437
APN: 7218-004-033
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.
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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